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/10

GEX Finance

United Kingdom|2-5 years|
White label MT4|Regional Brokers|High potential risk|

https://www.gexforex.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
GexFinanceUK-Demo MT4
Server Location United States

Contact

info@gexforex.com
https://www.gexforex.com
68 Brahman House 9 Gatliff Road, London, England, SW1W 8DQ
https://twitter.com/GexForex

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GexFinance UK Ltd

Company Abbreviation

GEX Finance

Platform registered country and region

United Kingdom

Company website
Twitter
Instagram

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-05-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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GEX Finance · Company Summary

Registered Country United Kingdom
Regulation No regulation
Minimum Deposit $250
Maximum Leverage N/A
Account Types Lot Refund Account, Islamic Account, MAM Account, Special Account
Trading Platform MT4 trading platform
Demo Account Available
Trading assets Forex, Indices, Energy, Metal, Crypto, Stock
Payment Methods N/A
Customer support Online Chat Telephone: +359882594778Email:info@gexforex.com WhatsApp

General Information & Regulation

GEX Finance, a trading name of GexFinance UK Ltd, is allegedly a forex broker registered in the United Kingdom that claims to provide both retail and institutional clients with various tradable financial instruments with raw spreads on the MetaTrader4, MT4 Web Trader and MT4 for Mobile & Tablets trading platforms, as well as a choice of four different real account types and 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that GEX Finance does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.25/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

GEX Finances website shows that the broker offers access to a wide variety of trading assets, covering forex, indices, energy, metals, cryptocurrencies and stocks.

Market Instruments

Account Types

GEX Finance claims to offer demo accounts with $100.000, as well as real accounts which include Lot Refunded Account, Islamic Account, MAM Account and Special Account Types. However, the broker says nothing about the minimum initial deposit requirement to open an account.

Account Types
Account Types

Spreads

GEX Finance claims that real investment accounts can enjoy raw spreads.

Trading Platform Available

Platforms available for trading at GEX Finance are MetaTrader4, MT4 Web Trader and MT4 for Mobile & Tablets. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available
Trading Platform Available
Trading Platform Available

Bonuses

GEX Finance claims to offer all kinds of bonuses, including a 30% bonus for your first investment, 10% referral bonus, 20% stop-out bonus and 5% extra bonus on investments made with BTC, yet we cannot be sure if the bonus can be withdrawn without any limitation.

In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

Customer Support

GEX Finance‘s customer support can be reached by WhatsApp, email: info@gexforex.com or fill in Contact Form to get in touch. You can also follow this broker on social media platforms such as Twitter and Instagram. Company address: 68 Brahman House 9 Gatliff Road, London, England, SW1W 8DQ. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Pros & Cons

Pros Cons
Wide products range No regulation
Account types for everyone No 24/7 customer support
MT4 trading platform No detailed information about spreads and commissions
Demo accounts with $100,000 virtual money No clear information about payment methods

Frequently Asked Questions

What trading instruments does GEX Finance offer?

GEX Finance offers a series of trading instruments, including Forex, Indices, Energy, Metal, Crypto, and Stocks.

Does GEX Finance offer demo accounts?

Yes, demo accounts are available with the GEX Finance platform.

What types of trading accounts does GEX Finance offer?

A total of four types of trading accounts are available, including Lot Refunded Account, Islamic Account, MAM Account, Special Account.

What trading platform does GEX Finance offer?

GEX Finance offer the industry-leading MT4 trading platform.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

User Reviews

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3

Comments

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。24192
more than one year
One of the best spread trading platforms I've come across, presumably with competitive spreads. However, there are issues with stop-loss orders getting filled at a single price move, and then the market abruptly moving in the opposite direction. I have complete distrust as it seems their trading team is intentionally triggering customer stop-loss to profit at the expense of clients' interests.
2024-02-02 17:03
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0
0
FX1072259228
more than one year
Don’t even trade with this broker! It is not regulated, illegal platform. I lost my $250 here, not a big amount, but at least, it bought me a lesson. Unregulated brokers are like stealing your money, full of risks!
2022-12-02 14:53
Reply
0
1
FX1092453269
more than one year
Excellent broker! Excellent platform! Thank them for the demo account. I’ve been demo trading for a week, and I haven't found any problems. There is a wide variety of trading instruments, and the mt4 trading platform is also very good.
2022-12-02 14:13
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0
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