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Forex

Liquidity Provider

Gallant FX

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Unproved

Unproved

Gallant FX

Founded in :

N/A

2008 (16 Years)

9 Reviews

Please carefully consider your options and choose the service that best meets your needs.

Beware

2.83/5

Provided by TrustFinance

Verification on TrustFinance

0.00

Traffic & Engagement

1.67

Provided by TrustFinance

License

Warning

This broker is currently unregulated. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Both institutions and consumers highly trust the license in grade A. They operate more extended and are more challenging to hold than others. They have strict rules which the company needs to comply with. Just one point was deducted from grade A.

B Grade License

The license in grade B is also trusted, but the difference between them is it will slightly get less complicated than in grade A.

C Grade License

The license in grade C is also safe to rely on, but we recommend that you be careful with your chosen company. You should inspect the company information before investing.

D Grade License

The license in grade D is easily held and has yet to become widespread. If your chosen company holds a license in this grade, you should carefully contemplate it.

License

Warning

This broker is currently unregulated.

Please be cautious of the potential risks!

What are the differences in regulations for each ?

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Close

Thg 03 12, 2024

This broker is closed.

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Close

Thg 03 12, 2024

This broker is closed.

Users who look Gallant FX also look…

News

TrustFinance Intelligence Agency

Research date: Thg 11 28, 2024

GCMFX, a retail forex broker, filed for bankruptcy due to an inability to withdraw funds from regulated counterparties, but the real reasons seem more complex. The parent company of GCMFX, Gallant Capital Markets Ltd, has connections to a man named Jiri Kubicek who is under investigation for fraud and money laundering. There are suspicions that WSM Investments, connected to Kubicek, was a pyramid scheme. The bankruptcy filing raises questions about client funds and the involvement of GCM Prime Ltd. The statement from GCMFX mentions the filing was in the best interests of clients, but the situation is more complicated. The bankruptcy filing may delay clients from getting their money back. There are still missing pieces to the puzzle regarding the connections between Gallant, GCM Prime, and WSM Investments.

GCMFX, a retail forex broker, filed for bankruptcy due to an inability to withdraw funds from regulated counterparties, but the real reasons seem more complex. The parent company of GCMFX, Gallant Capital Markets Ltd, has connections to a man named Jiri Kubicek who is under investigation for fraud and money laundering. There are suspicions that WSM Investments, connected to Kubicek, was a pyramid scheme. The bankruptcy filing raises questions about client funds and the involvement of GCM Prime Ltd. The statement from GCMFX mentions the filing was in the best interests of clients, but the situation is more complicated. The bankruptcy filing may delay clients from getting their money back. There are still missing pieces to the puzzle regarding the connections between Gallant, GCM Prime, and WSM Investments.

The article discusses Michael Bolton's involvement in a project related to payment for order flow (PFOF) in the trading industry. It highlights the Public project's aim to address the issue and draw attention to the unsustainability of PFOF in FX. The article also mentions the regulatory challenges and malpractices in the industry, such as profit sharing and b-booking. It emphasizes the importance of transparency and control over order flow for brokers. The article concludes by mentioning the need for multi-market brokerage solutions for sustainability and control. Overall, the article sheds light on the evolving landscape of electronic trading and the challenges faced by the industry.

The article discusses Michael Bolton's involvement in a project related to payment for order flow (PFOF) in the trading industry. It highlights the Public project's aim to address the issue and draw attention to the unsustainability of PFOF in FX. The article also mentions the regulatory challenges and malpractices in the industry, such as profit sharing and b-booking. It emphasizes the importance of transparency and control over order flow for brokers. The article concludes by mentioning the need for multi-market brokerage solutions for sustainability and control. Overall, the article sheds light on the evolving landscape of electronic trading and the challenges faced by the industry.