GYD Review : Fees, Pros and Cons, Reviews by Real Traders

GYD

Operating status: SCAM

Website: https://gydglobal.com/

Broker violations and abnormal records

Jun 16, 2022 Brokersview has Reviewed that GYD is an Unregulated Forex Broker
GYD claims to be a regulated broker under multiple regulations including "the England FSP", the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the America National Futures Association (NFA).
Firstly, there is no such regulator named the England FSP exists. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). So we searched on FCA but found no matching results to GYD.
Secondly, please be informed that the Canada FINTRAC does not regulate forex activities.
Thirdly, we searched on the US NFA, and found that GYD is not under valid regulation by the US NFA since it is not an NFA member.
The truth is that GYD is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

GYD claims to be a regulated broker under multiple regulations including "the England FSP", the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the America National Futures Association (NFA). Firstly, there is no such regulator named the England FSP exists. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). So we searched on FCA but found no matching results to GYD. Secondly, please be informed that the Canada FINTRAC does not regulate forex activities. Thirdly, we searched on the US NFA, and found that GYD is not under valid regulation by the US NFA since it is not an NFA member. The truth is that GYD is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Nov 17, 2022 BrokersView has found that GYD is not working
BrokersView found the domain "https://gydglobal.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://gydglobal.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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