Company Information

Get to know GigaFX - Best Crypto Broker 2019

GigaFX presented itself as an international online broker specializing in CFD trading across various asset classes, including cryptocurrencies, forex, indices, and commodities. The company aggressively marketed its services, using the unverified claim of "Best Crypto Broker 2019" to attract investors. However, the firm's history is defined by numerous warnings from European financial regulators for operating without the necessary authorizations, and it has since ceased operations.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service
Technology Software Development

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GigaFX - Best Crypto Broker 2019

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Founded in

01 Sep 2018 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.