GB Trade FX Review : Fees, Pros and Cons, Reviews by Real Traders

GB Trade FX

Operating status: SCAM

Website: https://gbtradefx.com/

Broker violations and abnormal records

Feb 14, 2021 The Italy CONSOB Added GB Trade FX into Its Warnings
On 15 Feb 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against GB Trade FX for offering financial services without the proper authorization. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20210215.htm?hkeywords=GB+Trade+FX&docid=45&page=1&hits=350&nav=false

On 15 Feb 2021, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against GB Trade FX for offering financial services without the proper authorization. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings/documenti/english/entutela/cns/2021/enct20210215.htm?hkeywords=GB+Trade+FX&docid=45&page=1&hits=350&nav=false
Aug 18, 2022 BrokersView has Reviewed that GB Trade FX is an Unregulated Forex Broker
GB Trade FX claims to be a regulated firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
What's more, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against GB Trade FX for offering financial services without proper authorization. That means GB Trade FX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

GB Trade FX claims to be a regulated firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.What's more, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against GB Trade FX for offering financial services without proper authorization. That means GB Trade FX is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 01, 2022 BrokersView has found that GB Trade FX is not working
BrokersView found the domain "https://gbtradefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://gbtradefx.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.