Brief Look at GQFX
The operations of the offshore forex broker GQFX (GQ Capital Incorporated), registered in Belize, ended with an uncontrolled default on obligations to investors. Initially targeting the Asian market, the platform attracted traders by claiming to hold a license from the International Financial Services Commission (IFSC) of Belize. However, a systemic failure to meet transparency standards led to the official revocation of its regulatory license, rendering the company an illegitimate counterparty. The platform's crisis phase was marked by widespread order execution failures, unjustified deductions from client deposits, and the blocking of user access to personal accounts. Client attempts to withdraw funds were blocked by the administration under the pretext of conducting sham security checks.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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