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Phoebe Yao
Within 1 year

Is GEMFOREX a legitimate broker?

Broker Issues
GEMFOREX
Regulation
01-25
United States
WikiFX
Reply

GEMFOREX is regulated by the Seychelles Financial Services Authority (FSA), but its regulatory status has been revoked, which means it is no longer fully compliant with the regulatory standards set by the FSA. Additionally, its FSPR registration is listed as unverified, which raises questions about the legitimacy of its operations. As a trader, I find this situation a bit concerning, especially when deciding whether to trust my funds with GEMFOREX.

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