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, some investors have complained about BroadForex through the FxGecko APP, alleging that it is a scam company.

The complainant revealed: BROADFOREX (Block B, HuaRun Building) is a scam company. I was a bit confused when they invited me for an interview because my major has nothing to do with finance, but I went anyways since it's a clerical position. Most of the people interviewed, like me, were men. The interview was very casual, I didn't even have to introduce myself or answer any questions. They just told me a few things about the company (which I didn't really understand). Since I had no experience, they said they would arrange training, which would give me a daily subsidy of 100 yuan for six days. If I passed the assessment, they would then determine my base salary (which they said would be a minimum of 4000 yuan). To be honest, I was a bit tempted, but I didn't immediately agree because I was suspicious. After the interview, I looked them up online and found that their foreign exchange traders supposedly have a base salary of 8000 yuan with no responsibility, and can work from home after they are hired. Some people went there and saw that the interviews were taken by people from all ages, from the 2000s to the 70s. What kind of people are chosen for interviews? Are the thresholds for traders so low? Then came the lectures. The teacher's level was extremely low. Anyone who knows a little bit about finance can tell that the teacher is useless, just like the way they sell products to elderly people in marketing seminars. On the third day of training, they asked me to pay 2000 yuan to open an account and operate on my own in the real market. That trading software, BroadForex, is not a legitimate software; I had never heard of it before.

About BroadForex

BROADFOREX is a global online trading brokerage service provider engaged in foreign exchange, crude oil, precious metals, and contract for differences (CFDs). It was founded in 2012 by financial professionals and experts in the e-commerce field, headquartered in the United States, and has rapidly grown into a well-known foreign exchange trader in the United States. It has been more than 10 years since then. Since its establishment in 2012, it has grown rapidly, with a total of over 150000 active customers and over 8000 active IB partners, with a transaction volume exceeding $20 trillion. By the end of 2018, BroadFinancial Forex Group had 14 directly affiliated subsidiaries, with branches covering five continents worldwide. In addition, it had representative offices in more than 20 countries and over 500 employees worldwide. Its business covered more than 150 countries worldwide and it continued to implement global expansion strategies with strong capital strength.

A global online trading brokerage service provider engaged in foreign exchange, crude oil, precious metals, and contract for difference (CFDS), founded in 2012 by professionals in the financial and e-commerce fields. Headquartered in the United States, it is regulated by the US NFA with regulatory number 0531210 and has rapidly grown into a well-known foreign exchange trader in the United States for over 10 years.

BroadForex, displays 1 regulatory license on the FxGecko app. The regulatory status of the US NFA financial services license held is operating beyond the limit. The safety of investor funds is not guaranteed!

FxGecko risk warning: BroadForex has 8 monitoring alerts. Pay attention to early warning!

BroadForex, FxGecko APP has a score of 1.69 and a low credit rating. Investors are advised to choose carefully!