GCC Investing Review

Is GCC Investing Scam or Legit Broker?

GCC Investing is not a safe broker. According to our research, GCC Investing has been suspected of fraudulent actions. The company does not hold any financial licenses but claims the opposite. Therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

What is GCC Investing?

GCC Investing is a Forex broker based in Sofia, Bulgaria. Although it is owned by GreenRiver OU in Tallinn, Estonia, but payment processing is done by Mercure Services Ltd, which is based in St Vincent & Grenadines. St Vincent & Grenadines doesn’t have the regulation of Forex activity under its jurisdiction.

• They also provide British, German, and Bulgarian phone numbers which look very confusing as the company is not licensed in Europe. We advise signing only with brokers regulated by reliable entities like UK's FCA, ASIC in Australia (Also Read about ASIC Regulated MEX International Group), and Cysec in Cyprus. Read about another Cyprus-based broker Triumph FX Limited.
• In order to obtain the STP license from UK’s Financial Conduct Authority, the company would need to pay USD 50,000 and also would need to have USD 100,000 of capital for the STP license aside from client deposits.

GCC Investing Review Conclusion

We strongly advise opening a trading account only with brokers regulated by respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.

GCC Investing Update

Our research showed that the GCC Investing Website is inactive. Since money safety in forex goes first we recommend avoiding any proposals from GCC Investing and staying alert.