Rating
/10
License Index
Business Index
Risk Management Index
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Regulatory Index
Common Financial Service License
SECC Exceeded
Company Name:
GoldFX Investment Co, LtdCompany Abbreviation:
GFXPlace of registration:
Regulatory Status:
ExceededCustomer Service Email Address:
support@goldfx.coCustomer Service Phone Number:
(+855) (0) 23 213 686Company summary
GFX is a financial investment company registered in Cambodia offering high net worth financial products to corporate and individual clients. GFX currently holds a general financial license from the Securities and Exchange Commission of Cambodia (SECC). About MoreWarning: Low score, please stay away!
Previous Detection: 2021.04.21 Risk: 1 Item
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Securities and Exchange Commission of Cambodia (SECC) is established under the law on The Issuance and Trading of Non-Government Securities (Preah Reach Kram No NS/RKM/ 1007/028). SECC regulates the securities industry in Cambodia to contribute to socio-economic development through capital mobilization from public/ securities investors to meet the demand of financing for investors.
Current Status:
ExceededLicense Type:
Common Financial Service LicenseRegulated in Country/Area
Regulatory License No.:
UnreleasedEmail Address of Licensed Institution :
support@goldfx.coLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
# Sun City Building, 2nd Floor #255, St.51 corner St. 370, Sangkat Bueong Keng Kang 1, Khan Chamkamon, Phnom Penh, Cambodia.Phone Number of Licensed Institution :
023 213 686Licensed Institution Certified Documents :
GFX 柬埔寨监管截图 View Certified DocumentsIdentification Result
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The data are from WIKI Research
2021.04.21 updated
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Basic Information & Regulation of GFX
GFX is a financial investment company registered in Cambodia offering high net worth financial products to corporate and individual clients. GFX currently holds a general financial license from the Securities and Exchange Commission of Cambodia (SECC).
Safety Analysis of GFX
This Cambodian SECC general financial license held by GFX does not enable it to conduct forex trading activities, and therefore GFX is operating over the limit. The safety of investors' funds and trading activities on the GFX platform are not protected. If GFX is a broker that faces bankruptcy or illegally misappropriates client funds, investors will not be compensated for their losses.
Market Instruments of GFX
The financial instruments currently offered to investors by GFX are Forex and Precious Metals, with the promise of introducing Crude Oil, Commodities and even CFD products.
Accounts & Leverage of GFX
GFX offers traders three different types of accounts: GoldFX Basic (minimum deposit of $1000), GoldFX Pro (minimum deposit of $5,000), and GoldFX VIP (minimum deposit of $10,000). The maximum trading leverage for all three accounts is 1:100.
Spreads & Commissions of GFX
There are no specific spreads available on the GFX website for foreign exchange products; GFX Basic accounts charge a commission for trading, while Pro and VIP accounts do not charge a commission for foreign exchange trading.
Trading Platforms Available
GFX offers traders the flexibility to choose between the MT4 desktop version, mobile trading software (iOS), and mobile trading software (Android).
Deposit and Withdrawal of GFX
GFX claims to offer traders a range of convenient ways to fund their accounts, but it does not show any specific methods, only the bank account number of Canadia Bank PLC.
Pros & Cons of GFX
The main advantages of GFX are:
1. Three trading accounts
2. MT4 trading platform
The main disadvantages of GFX are:
1. Over-limit operations
2. High minimum initial deposit requirements
3. Non-transparent pricing
4. Unclear ways of deposit & withdrawals
5. Conservative leverage
6. Fewer tradable assets
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.