Is GigaFX a good Forex Broker?

The forex broker Giga FX offers services via MetaTrader 4, MT4 Mobile and web platforms. About how to execute orders, it’s classified as a b-book broker – market maker. Its brokerage services include: currencies, stocks, cryptocurrencies, indices, commodities and CFD. It’s considered an unregulated broker company.


Broker website:
Broker quality: 30%
Alexa Ranking: 10,544,711

GigaFX Reviews

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With each and every review, we always advocate to newbie traders to perform a thorough analysis before joining any broker. GigaFX isn’t any different because they are a gimmick that’s shamelessly stealing from anybody who subscribes. Truth is, scammers know for certain that everybody wants to create an additional buck or more. That is why they always develop fast and quick methods to this necessity of earning money.

First factor a fraudster is going to do is toss in claims and promises which are difficult to resist. Giga Forex has produced an internet site that’s attractive and simply convincing. Grabbing your attention is the initial step that scammers decide to try get users to register. Next, they’ll claim that will help you earn money with their brokerage services. Promises for example Tight spreads, fast trade executions and 1:150 leverage are utilized. Look at this whole review and obtain real solutions.

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GigaFX is definitely an offshore broker, which isn’t licensed to supply financial services on controlled markets like USA, Canada, EU, Australia or Japan. On the top of this there’s some crucial legal information missing within their presentation which makes depositing cash with GigaFX much more riskier. Of course in such instances our very best advice would be to trade just with brokers, holding legit licenses by respectable institutions for example FCA within the United kingdom, ASIC around australia or CySEC in Cyprus.