GFX Royal Review

Have you heard of GFX Royal? It’s a new online trading platform where you can trade various assets such as forex, stocks, and cryptocurrencies. Before investing, you might ask yourself, “Is GFX Royal a safe place to trade?” Don’t worry! You’re not alone, and we understand that safety plays a vital role in making a well-informed decision. We consistently keep you updated on any offshore brokers we encounter. In this review, we’ll examine GFX Royal’s security measures and regulations to determine if GFX Royal is a safe choice for your trading needs.

🏢 Headquarters	Germany
🗺️ Company Name	GFX Royal
🗺️ Foundation Year	–
🗺️ Company Address	Adolf-Kolping-Straße, Munchen, GERMANY, 80336
🗺️ Website	https://www.gfxroyal.com/, https://www.gfxroyal.net
🗺️ Contact	support@gfxroyal.com
💻 Regulatory Status:	No Regulation
🗺️ Type of License	No license
💰 Should I trade with it	No (We don’t recommend)
⭐ Scope of Business	Suspicious

What is GFX Royal?

GFX Royal is a forex brokerage company established in 2021 in Cambodia. It claims to provide forex trading, stocks, bonds, and cryptocurrencies. According to GFX Royal, they support MetaTrader 4 (MT4), a popular trading platform. Also, they claim to provide helpful educational materials on their website, but it doesn’t provide much detail about how to withdraw money. This raises questions about its legitimacy among investors. Let’s explore the reality of GFX Royal in the next section.

Is GFX Royal safe or a scam?

GFX Royal isn’t a trusted broker because it isn’t regulated by a strict financial authority. It operates without oversight from established regulatory bodies. This means there might be few ways to resolve disputes, worries about the safety of your money, and not much transparency in how it does business. If you’re thinking about using GFX, be careful and do your homework since it’s not regulated.

FAQs

Does any financial authority regulate GFX?

No, GFX doesn’t have oversight from financial regulators. This means established financial regulatory bodies don’t supervise it.

What trading instruments can I use on GFX?

GFX provides different tradable assets, including forex, gold, and silver.

Are there different account types to choose from on GFX?

Yes, GFX offers traders various account types, each with its own minimum deposit requirements, spreads, and leverage options.