FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)
Recently, a foreign exchange platform has attracted the attention of FxGecko. Some investors have complained through the FxGecko APP that FOREX.com has unexpectedly closed and forcibly liquidated all contracts without giving any reason.
According to the complainant, their FOREX.com account has been in use for many years and has always been used in a compliant and legitimate manner. The source of funds is legal, the transactions are legal, and they have always cooperated with the KYC information updates. However, FOREX.com unexpectedly closed their trading account, restricted their ability to open new positions, and liquidated all contracts. This has caused extreme disappointment and dissatisfaction! They only hope to continue using their account normally.
About FOREX.com
FOREX.com is a subsidiary of GAIN Capital Holdings, Inc. (NYSE: GCAP), a publicly listed company on the New York Stock Exchange. As a global public company, FOREX.com operates in accordance with the highest standards in terms of corporate governance, financial reporting, and disclosures.
Our transparent financial situation gives customers and partners confidence in our solid management and financial health. We have ample resources to innovate and lead the industry.
FOREX.com is listed on the FxGecko APP as one of the eight regulated platforms. It claims to hold various licenses, including the United Kingdom's FCA MM market-making license, the United States' NFA foreign exchange license, Singapore's MAS foreign exchange license, Australia's ASIC MM market-making license, Japan's FSA securities license, Canada's IIROC MM market-making license, all of which are currently under regulation. However, the Hong Kong SFC foreign exchange license is shown as revoked, and the Cayman Islands CIMA securities license is considered an offshore regulation.
FxGecko Risk Warning: There are 116 monitoring and warning alerts for the FOREX.com foreign exchange platform. Please pay attention to advance warnings!
FOREX.com has a score of 8.3 on the FxGecko APP. While the score is relatively high, investors are advised to make cautious choices as a high score on FxGecko does not necessarily mean that the platform is without issues!
