GDM FX Review 2025
-
Updated:
Reason to avoid: No License. Negative Reputation.
Listed Date: October 11, 2018
Top 3 Forex Brokers
Beware GDM FX is a Non-Regulated Broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No License. Negative Reputation.
Listed Date: October 11, 2018
Beware GDM FX is a Non-Regulated Broker. It is NOT SAFE to trade.
It is not safe to trade with GDM FX, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is GDM FX safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Global Derivative Capital Markets NZ Limited is a global broker providing online currency trading services, which operates under the brand name GDM FX. The broker claims its international trading services and tailored solutions while supporting numerous languages that include English, Arabic, Chinese, Spanish, Russian, Turkish, Indonesian, and more. Our research revealed, that the company is located in NZ but does not offer its services within New Zealand, as simply there is no license to do so from the local authority.
Unfortunately, this kind of fraud practice is a quite popular case, while suspicious companies target quite naïve clients, taking their money and going for good. Exactly for that reason, we always advise trading only with regulated brokers, as the licensed brokers are always overseen by authorities and in case there is an unlikely event or non-compliance to the international protection rules the company will be at least fined or even dismissed. Thus, the trader can invest with a secure state of mind along with other benefits that are offered by the regulated brokers only. We advise trading with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.
Based on our findings, the GDM FX website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
No review found...
No news available.