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    GemFX Markets

    • United Kingdom United Kingdom
    • Within 1 year
    • Suspicious Regulatory License
    • Non MT4/5 Software
    • Suspicious Scope of Business
    • High potential risk
    WikiFX Score
    Comparison
    • 00442031399100
    • info@gemfx.co
    • --
    • --
    • 27old Gloucester St, Holborn, London WC1N3AF, UK
    Licenses

    No valid regulatory information

    Please be aware of the risk!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Open for free
    Warning: Low score, please stay away! 1
    2022.07.02

    It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    Broker Information
    • Company Name

      Gemfx trading Ltd

    • Regulatory Status

      No Regulatory

    • Company Abbreviation

      GemFX Markets

    • Country/Region

      United Kingdom

    • Phone of the company

      00442031399100

    • Company address

      27old Gloucester St, Holborn, London WC1N3AF, UK

    Company website
    Twitter
    Facebook
    • --
    Customer Service Email Address
    • info@gemfx.co

    GemFX Markets

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    GemFX Markets
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    GemFX Markets · Company summary

      General Information

      GemFX Markets is allegedly a global forex and CFD broker established and regulated in the UK since 2005, claiming to provide its clients with the maximum leverage up to 500:1, tight raw spreads from 0.0 pips, 0 commissions, over 10,000 tradable products with three different account types and the Vertex trading platform, as well as MAM/PAMM service and 24/5 customer support service.

      GemFX Markets advertises that it offers more than 10,000 trading instruments throughout worldwide financial markets, including CFDs across forex, shares, metals, indices, commodities and cryptocurrencies.

      Market Instruments

    Market

      Account Types

      There are three live trading accounts offered by GemFX Markets, apart from demo accounts, namely Standard, Raw ECN and Iress accounts. Opening a Standard or Raw ECN account requires the minimum initial deposit amount of A$100 or equivalent, while the Iress account with a much higher minimum initial capital requirement of A$1,000 or equivalent. Note that if you dont use the demo account for more than 30 days, it will automatically expire and you will not be able to reactivate it.

      Leverage

      The maximum leverage ratio provided by GemFX Markets is much higher than most brokers, up to 500:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

      Spreads & Commissions

      GemFX Markets reveals that the clients holding RAW ECN accounts can enjoy tight raw spreads from 0.0 pips. All charging no commissions.

      Trading Platform Available

      When it comes to trading platforms available,GemFX Markets gives traders Vertex Trader, Web Trader and mobile apps for iPhone and Android devices. Vertex software is available for both Windows and Mac desktop computers, while mobile apps are available for mobiles and tablets. The broker claims that Vertex Trader has a closed-loop trading structure with Back-office dealing desk, Client Terminal, Dedicated Hosting, White Labelling and Bridging Capabilities. By contrast, Vertex Web Trader is advertised as a trading station inheriting all the trading features, transparency and high accessibility to make a better alternative to traditional desktop-based traders. You dont need to download, install, or depend on any component, just run your browser, whatever it is at your operating system (OS), place a link, log in, and trade. While with Vertex mobile apps, trading can be done from anywhere and at any time through the right mobile terminals.

    Trading
    Trading
    Trading

      Deposit & Withdrawal

      GemFX Markets accepts deposits via credit/debit cards like VISA and MasterCard, Bank Transfer (No deposit fees charged your International fees up to $50 for deposits more than $10,000), Neteller, Skrill, PayTrust, NganLuong.vn, FasaPay, Broker to Broker, South American Payment Method (Directa24), Perfect Money and WebMoney. While withdrawal with credit/debit cards like VISA and MasterCard, Bitcoin, Perfect Money, Neteller (2% up to $30 + country fees per $45,000 transaction), Skrill (A$10), FasaPay (0.50%), PayTrust (1.5%), NganLuong.vn (₫1,000 + 1 %), South American Payment Method (2%). The minimum deposit requirement is $100. Note that the broker will charge an internal fee of A$10 for global withdrawals. As for the processing time of deposit and withdrawal requests, they usually can be processed within 1 business day.

    Deposit
    Deposit
    Deposit

      Customer Support

      GemFX Markets customer support can be reached through telephone: +442031399100, Fax: +442031399100, email: support@gemfx.co, info@gemfx.co, account@gemfx.co, cash@gemfx.co, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like YouTube. Company address: 27old Gloucester St, Holborn, London WC1N3AF, UK.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.