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Score

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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

GFM

Hong Kong Hong Kong | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://gfmprime.com/en/

Website

Rating Index

Contact

http://gfmprime.com/en/

license Forex License

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!
2

Basic Information

Registered Region
Hong Kong
Operating Period
5-10 years
Company Name
GFM
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • gfmprime.com
    154.220.3.147
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note:GFM's official website:http://gfmprime.com/en/ is currently inaccessible normally.

AspectInformation
Company NameGFM
Registered Country/AreaHong Kong
Founded Year1997
RegulationUnregulated

GFM Information

Founded in 1997 and with offices in Hong Kong, GFM is run as an unregulated business. This lack of regulatory supervision suggests that the company does not meet the compliance and protection standards often imposed by financial authorities, thereby perhaps raising the risks to investors.

GFM Information

Is GFM Legit or a Scam?

GFM poses more risks to investors since it runs without government control and is not subject to financial compliance and protection criteria.

Is GFM Legit or a Scam?

Downsides of GFM

GFM functions free from any reasonable regulatory control, thereby increasing the risk for investors since there is no guarantee of following financial standards.

The broker uses fictitious MT4 software, which raises doubts about the consistency and authenticity of their trading system.

The broker has been assigned a high potential risk; so, traders should give great thought to this maybe risky choice. There are plenty of reports of dishonest actions.

Conclusion

Finally, trading with GFM is quite dangerous because of its lack of control, usage of false MT4 software, and allegations of dishonest activity. To guarantee the security and protection of their money, investors are strongly encouraged to select controlled brokers with open information and confirmed qualifications.

Company Profile

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

Wiki Q&A

What is the overall safety and regulatory status of GFM?

GFM presents a severe risk warning due to its unregulated status and critically low WikiFX Score of 1.54. Operating from Hong Kong for 5-10 years under a suspicious business scope, it holds no licenses from recognized financial authorities, indicating a complete lack of oversight and posing a substantial risk to client funds.

04-02
United States

Which regulator oversees GFM?

GFM is not overseen by any recognized financial regulatory authority. It holds no valid licenses for forex trading, placing it outside the protective frameworks provided by mainstream regulators. This lack of credible oversight is a critical factor in its high-risk profile.

04-02
United States

Where is GFM registered?

GFM is registered in Hong Kong and has been in operation for 5 to 10 years.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

In a week

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

In a week

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Apa saja regulator forex yang paling umum dikenal?

Regulator forex yang umum dikenal antara lain Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), Cyprus Securities and Exchange Commission (CySEC), dan Monetary Authority of Singapore (MAS). Regulator-regulator tersebut biasanya memiliki standar pengawasan yang tinggi.

In a week
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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