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 caught the attention of FxGecko. Some investors complained through the FxGecko app that the GMI platform maliciously tampered with gold data, causing investors to sell out all their positions!
The whistleblower stated:
On December 4, 2023, international gold surged to around 2145. However, the gold data on the GMI platform reached 2170, causing many short selling gold investors to fully sell out. The most despicable thing is that the closing price of gold reached 2218. After comparison, all platform gold data on the market were around 2145. This obvious malicious manipulation of data in the background is sad.
I am a yellow foreign exchange trader with over a decade of experience, witnessing the development trajectory of the market for many years. I have collaborated with no less than 20 gold foreign exchange platforms. This time, due to malicious data tampering by GMI company, my account had a short position of -1500 US dollars. After multiple email negotiations, the platform ignored me and only filled in the short position. Currently, GMI company has banned my account from trading, seriously lacking fairness and impartiality, The spirit of honesty based contract. Various signs indicate that the GMI platform is no longer maintaining its own reputation, and the company is also at a dead end, which may pose significant risks. We hope that your company will promptly disclose this information to avoid more investors being harmed.
About GMI
GlobalMarketIndex Limited (hereinafter referred to as "GM") is an internationally renowned broker headquartered in London, UK. It entered the Chinese market in 2009 and has since been providing online trading services for financial derivatives such as foreign exchange, precious metals, CFD spreads, and contracts for global institutional clients and investors
As a broker in the STP-ECN matching trading model, GMI has unparalleled service advantages in platform selection, trading environment, and technical architecture. More importantly, under the guidance of the world's top liquidity providers, we can always bring surprises in liquidity and spreads to traders
At present, GMI's business map has expanded globally and has corresponding offices or representative offices in countries such as the UK, China, Japan, New Zealand, Spain, Lebanon, etc. As a broker who has been deeply involved in the foreign exchange field for 7 years, GMI has become a pillar in this field by continuously providing high-quality technical solutions for traders. Now, in the struggle of the foreign exchange trading world, GMI is fully unleashing its firepower.
GlobalMarket Index was founded in 2009 and operates in eight locations worldwide, accumulating over a decade of experience in connecting traders with the market. We provide professional market knowledge for each region and ensure that we can still provide local support while maintaining a global perspective. For us, this is not only about connecting customers with the market, but also connecting traders with other traders in the world, and developing our already well-established GMI trading community.
GMI displays three regulatory platforms on the FxGecko app. Publicly claiming that the regulatory status of the Vanuatu VFSC license held is over limit operation, the UK FCA license is under regulation, and the Mauritius FSC license is out of regulation, leaving investors with no guarantee of financial safety.
FxGecko risk warning: GMI foreign exchange platform has 10 inherent risks, 1 associated risk, and 34 monitoring and early warnings. Pay attention to early warning!
GMI, FxGecko APP scored 3.9 points, investors are advised to stay away!
