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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

G-IMFCH

New Zealand New Zealand | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://gppmarkets.co.nz/

Website

Rating Index

Regulation 2.69 Tech 4.63 Reputation 2.17 Business 7.43 Risk Control 1.69
1.61

Contact

+64 9 281 2012
https://gppmarkets.co.nz/
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
New Zealand New Zealand
Operating Period
5-10 years
Company Name
Global Integrable Multilateral Financial Clearing House
Email
info@gppmarkets.com
Contact Number
+64 9 281 2012
夜风铃

夜风铃

Unverified

Hong Kong

This broker still exists. And it has been three years since I can’t withdraw funds.

FX2436577075

FX2436577075

Unverified

Hong Kong

Have no access to http://www.g IMFCH.net. No one answered my phone calls and QQ messages.

FX2114061651

FX2114061651

Unverified

Hong Kong

G-IMFCH can’t withdraw money, and it’s useless to communicate with customer service all the time. It has been delayed in 2018 and has not been able to withdraw money until now. The platform said that it was due to national foreign exchange control and the funds were frozen. There was USD20,000 in my account that could not be withdrawn, not to mention the loss of principal, who can help withdraw?

啟木木

啟木木

Unverified

Hong Kong

The withdrawal is unavailable for months. No one coped with it.

A李杰

A李杰

Unverified

Hong Kong

How to withdraw the fund in G-IMFCH ? The customer service keeps holding off.

A李杰

A李杰

Unverified

Hong Kong

Both the withdrawal and customer service are unavailable. Is there any solution?

FX2469661033

FX2469661033

Unverified

Hong Kong

The agent of GPP did everything to induce investors’ fund.The customer service was just tools for scam.The key point:a fraud company,located at Room 609, CEB building, north Tianhe road, Guangzhou,.in which my withdrawal hasn’t arrived for one year ,is still cheating for others’ money.I have been to the company,in which workers have several Wechat numbers and even men dresses as women.Call the police if you are cooperating with this company.

nerver   say   nerver

nerver say nerver

Unverified

Hong Kong

The salesman said the company haven't paid his salary for six months,while their boss is traveling around the world.I hope you don't be cheated.

28
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模块说明(前端未翻译)

  • gppmarkets.com
    35.189.58.105
    Server Location
    Australia Australia
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2015-09-15
    Website Name
    WHOIS.NETREGISTRY.NET
    Company
    NETREGISTRY PTY LTD.

Company Profile

Company Profile

Review summary

Feature Information
Company Name G-IMFCH
Registered Country/Area New Zealand
Founded Year 5-10 years
Regulation FMA, FCA (Suspicious Clone)
Customer Support Phone at +64 9 281 2012, 4006898502; email at info@gppmarkets.com and info@gimfch.com; QQ contact: 800068685.
  1. What is G-IMFCH?

G-IMFCH is a forex broker ranked 764th globally. It claims to be regulated by 2 financial authorities, but the regulatory status of both is displayed as “Suspicious Clone”. We also found 18 risks associated with G-IMFCH and received 36 complaints about it. With a high number of complaints, questionable regulation, and low ranking, G-IMFCH appears to be a risky choice for forex trading.

Additionally, you should notice that the official website of G-IMFCH, https://gppmarkets.co.nz/ is currently encountering functionality problems.

What is G-IMFCH?
  1. Regulatory Status

G-IMFCH's regulatory status is concerning. Both regulators listed, the Financial Markets Authority (New Zealand) and the Financial Conduct Authority (UK), have classified G-IMFCH as a “Suspicious Clone” with regards to their regulatory licenses. This means the legitimacy of the licenses claimed by G-IMFCH is in question.

Regulatory Status
Regulatory Status
  1. Warning

G-IMFCH, with 13 associated brokers, faces the risk of brokers absconding, which could impact its operations. Assessing the past business history and risk profile of these brokers is crucial for making informed decisions. MetaQuotes data provides insights into broker relationships.

Additionally, a high number of complaints against G-IMFCH itself suggests potential problems. Consider these factors when choosing a broker.

  1. Pros & Cons

Pros Cons
N/A Suspicious Clone status
High number of complaints
Risk of associated brokers absconding

Pros:

N/A

Cons:

  • Suspicious Regulatory Status: Both financial authorities listed for G-IMFCH (New Zealand and UK) have classified it as a “Suspicious Clone” regarding their licenses. This raises serious concerns about the legitimacy of their claimed regulatory oversight.

  • High Number of Complaints: With 36 reported complaints, G-IMFCH has a concerning track record. These complaints could indicate issues with customer service, platform functionality, or potential unfair trading practices.

  • Risk of Associated Brokers Absconding: G-IMFCH is associated with 13 other brokers. “Absconding” refers to a broker suddenly shutting down and disappearing with client funds. Having a high number of associated brokers raises the possibility that some might have a history of such practices, which could indirectly impact G-IMFCH's own stability.

  1. Customer Service

G-IMFCH offers phone support through two numbers: +64 9 281 2012 and 4006898502. Additionally, they provide customer support through two email addresses: info@gppmarkets.com and info@gimfch.com. They also have a QQ contact: 800068685.

  1. Conclusion

G-IMFCH is a low-ranked forex broker with concerning regulatory status. Both New Zealand and UK authorities have classified it as a “Suspicious Clone” raising doubts about their licenses. Additionally, a high number of complaints and associated brokers suggest G-IMFCH is a risky choice. Despite offering phone, email, and QQ customer support, the downsides outweigh any potential benefits.

  1. Frequently Asked Questions (FAQs)

    1. Question: Is G-IMFCH a reliable forex broker?

      Answer: There are significant concerns about G-IMFCH's reliability. Regulatory authorities in New Zealand and the UK have classified them as a “Suspicious Clone,” casting doubt on their licenses.

      Question: Are there any advantages to using G-IMFCH?

      Answer: Currently, there are no clear advantages to using G-IMFCH as a forex broker. The significant downsides outweigh any potential benefits.

      Question: What are some alternatives to G-IMFCH?

      Answer: Considering the concerns about G-IMFCH, it's highly recommended to explore other forex brokers. Look for brokers with a strong reputation, clear regulatory oversight, and a good track record.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is G-IMFCH safe and reliable?

According to WikiFX assessment, G-IMFCH presents significant safety concerns. It carries a low overall score of 1.61 and lacks a credible regulatory license. The entity's operational scope is flagged as 'Suspicious', and multiple public user complaints regarding fund withdrawals have been documented. For these reasons, it is considered a high-risk entity and cannot be considered a safe or reliable broker for trading activities.

04-05
United States

Is G-IMFCH regulated?

No, G-IMFCH is not a regulated broker. WikiFX data shows its regulatory status as 'Unverified' by major authorities such as New Zealand's Financial Markets Authority (FMA) and the UK's Financial Conduct Authority (FCA). This indicates the firm does not hold a valid license to offer leveraged trading services, placing client funds outside the protection schemes of established financial regulators.

04-05
United States

What is the minimum deposit of G-IMFCH?

The minimum deposit requirement for G-IMFCH is not publicly disclosed on its platforms. Specific account opening thresholds are not available, which is a deviation from the standard practice of transparent brokers who clearly state their deposit requirements.

04-05
United States

Does G-IMFCH support MT4 or MT5?

No. WikiFX data indicates that G-IMFCH does not support the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. The firm utilizes proprietary trading software, which scores 4.0 on the WikiFX software index. Traders should be aware that using a non-standard platform may limit access to common tools, indicators, and automated trading strategies.

04-05
United States
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