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Operating status: SCAM
Website: https://greatchainfx.net/ http://www.greatchainfx.com/

On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning to GreatchainFX, stating that the broker may be offering financial services or products without proper licensing. https://www.fca.org.uk/news/warnings/greatchainfx
GreatchainFX uses a certificate from FMRRC to appear legitimate. However, this so-called FMRRC is not a legitimate financial regulator.
Although GreatchainFX claims to be headquartered in the UK, the company has not obtained the necessary authorization from the Financial Conduct Authority (FCA) to legally provide financial products/services, as evidenced by the FCA warning against GreatchainFX.
In essence, GreatchainFX is not regulated by any regulatory body. Entrusting investors' money to this exchange is very risky, as there are no legal safeguards to protect their money. This is clearly a scam.
BrokersView found that the domains "https://greatchainfx.net/; http://www.greatchainfx.com/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.


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