GFC Investment Review
Regulated by: None
Headquarters: St. Vincent and the Grenadines
Ranking: 45
Spread: 4.0 pips (EURUSD)
Leverage: 300:1
Minimum Deposit: $250
GFC Investment Review & Author's Comment
GFC Investment Review & Author's Comment
GFC Investment (Formerly known as GreenFields Capital) is owned by an off-shore company called Dartalon LTD in St. Vincent & Grenadines. The broker is not regulated and they are not shy to publicly express it on their web site. HQ in off-shore country and no regulation; GFC Investment ranks very low in reliability department.
Besides, in April 2018, UK’s financial watchdog FCA issued a warning against GreenFields Capital which is how the broker was named before. It looks like the broker has changed its name in order to escape the bad reputation.
It doesn’t make sense to discuss about the broker’s trading conditions and other features if the broker doesn’t pass reliability checkpoint. GFC Investment fails at regulation and credibility checkpoints; therefore I don’t recommend opening account and trading with it. Even though, you make money on your trades, it is no certain if you will be allowed to withdraw your funds. Instead, try the brokers who are ranked at the top of my list.
| Broker Detail | |
|---|---|
| Adress: | Suite 305, Griffith Corporate Centre, 1510, Bechmont Kingstown, St. Vincent and the Grenadines |
| Phone: | +442039662002 |
| Web: | http://gfcinvestment.com |
| E-Mail: | support@gfcinvestment.com |
| Regulator: | None |
| Year Founded: | 2012 |
| Instruments | |
|---|---|
| Forex: | |
| Precious Metals: | |
| Energy: | |
| Soft Commodities: | |
| Indices: | |
| CFDs: | |
| Stocks: | |
| ETFs: | |
| Bonds: | |
| Options: | |
| Cryptocurrencies: | Bitcoin, Dash, Ethereum, Litecoin, Ripple |
| Account Options | |
|---|---|
| ECN Account: | |
| Swap-Free Account: | |
| Nano Account: | |
| MAM / PAMM Account: | |
| Demo Account: | |
| Funding Methods: | Wire Transfer, Credit Card, Skrill, Neteller |
| Withdrawal Methods: | Wire Transfer, Credit Card, Skrill, Neteller |
| Customer Services | |
|---|---|
| Live Chat: | |
| 24 Hours Support: | |
| Languages: | English |
| Platforms | |
|---|---|
| Supported Platforms: | GFC WebTrader |
| Webtrader: | |
| Mobile: | IOS, Android |
| Trading | |
|---|---|
| Leverage: | 300:1 |
| Spreads: | As low as 4.0 pips for EURUSD on Basic Account |
| Minimum Deposit: | $250 |
| Fixed Spreads: | |
| Automated Trading: | |
| Hedging: | |
| API Trading: | |
| Negative Balance Protection: | |
| Accepts Clients from the US: | |
| Bonus: |
GFC Investment Review
GFC Investment Review
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Deposit & Withdrawal - 3/103/10
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Bonus - 2.5/102.5/10
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Customer Support - 3/103/10
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Overall Trading Conditions - 2.5/102.5/10
Summary
No regulation and HQ in an off-shore island. Poor reliability score. FCA warning against the former company. High fraud suspicion.
I am a senior citizen and have worked hard all my life and save some money. It all started when I initially deposited EUR 10000. Not a very big amount. My manager explained to me that in order to get decent returns I will have to add more to the existing amount. I went for his words and added more amount. I won few trades and also lost some. Again manager told me to add more amounts which I did as I was winning few trades. I told him I wish to withdraw the entire amount that I have invested leaving only my profit in my account and applied for it. Within few days manager informed that because of the mistake of the analyst I have lost money. The manager started ignoring me and withdrawals are yet to come.