GF Markets Broker Review
- It is an online forex, CFD, and crypto trading provider without a trade license
- The Basic account at GF Markets requires a minimum deposit of $250
- Although you can trade cryptos and CFDs with the broker, we recommend avoiding this trading scam.
GF Markets Review – Proven Facts That GFMarketsllc.com is a Scam
GF Markets broker is not regulated or has regulated trading conditions, like many similar firms. As a result, we investigated whether you should trust the company with your money and what to do if you are scammed.
Find out more about GF Markets in this trusted review.
To begin with, you can learn more about SuperEther, CCG Global, and FVP Trade by reading our reviews.
- Scam Broker Status: Offshore
- The license status: Unlicensed Crypto and Forex Provider / Unregulated
- Websites of scammers: gfmarketsllc.com
- Operational Status: Active CFD/Forex Trading Scam
- Scam listed by: N/A
- Owner of the broker: GF Markets LLC
- HQ country: Saint Vincent and the Grenadines
- Year of foundation: 2019
- Trading platforms: MetaTrader 5 (MT5)
- Mobile Trading: Available via the MT5 mobile app
- $250 is the minimum deposit.
- Bonus on deposits: Available
- Trading Crypto Assets: Available
- Trading CFDs is possible: Yes, you can trade CFDs
- Trade Forex (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)
- Leverage maximum: 1:200
- The Islamic Account is not available.
- Demo Account: No, only live accounts are available
- The company accepts US traders: The company accepts US traders.
- Fraud Protection Team: Don’t invest in this scam broker!
Is GF Markets a Regulated Forex Provider?
GF Markets LLC owns the GF Markets Forex brand in Saint Vincent and the Grenadines. However, in the same way, as hundreds of others, it is an unregulated domain. While the broker registered with the FSA in 2019, it has not applied for a license.
The Financial Services Authority has declared itself unauthorized to regulate Forex and binary options firms, leaving investment brokerages to obtain licenses locally.
Does the broker have a Tier 1 FX license?
Having learned that broker regulation must come from a Tier1 regulator, we checked FCA, BaFin, ASIC, and others. The negative result indicates that the broker GF Markets has been committing financial fraud for years.
Where Is GF Markets Trading Scam Active?There were the most complaints about GF Markets from:
- USA
- France
- Italy
- Cyprus
Due to the broker’s global operation and lack of license, other regions are also affected.
How Do Scammers Contact Their Victims?
To reach their prospects, scammers use a variety of methods. In the case of trading ads, you may receive numerous phone calls from various people.
Additionally, you will receive many emails containing special offers, promotions, and other bait. There is a possibility that the exact requests will be sent via WhatsApp or Telegram as well.
Facebook and Instagram may approach you even if you have never signed up for any trading firm.
It would be helpful if you avoid scams such as matador, Moneta Markets, and KardonCapital. There is a risk to your finances with these brokers!
What to Do If You Fall For a GF Markets Scam?
We would like to hear if GF Markets have scammed you. We can help you file a complaint and request a chargeback through Global Fraud Protection. It is essential to act quickly since the process is time-limited. Also, we will begin the refund process as soon as possible if you contact us immediately to schedule your free consultation.
Get a Callback
Online Trading Complaint Form
FAQ Section:
1. What Is GF Markets, and Should I Invest Money In It?
It is an online forex, CFD, and crypto trading provider without a trade license. As the firm is an offshore scam, you may have problems withdrawing money. For assistance with refunds, in this case, don’t hesitate to get in touch with us.
2. What Is the GF Markets Minimum Deposit?
The Basic account at GF Markets requires a minimum deposit of $250. When investing money, think twice before taking any risks!
3. Can I Trade Cryptos and CFDs With GF Markets Brokers?
Although you can trade cryptos and CFDs with the broker, we recommend avoiding this trading scam.
4. Does GF Markets Give a Deposit Bonus When Opening an Account?
Brokers give a bonus on the initial deposit, but no specific bonus policy exists.