Gai Capital claims to be regulated by the Financial Conduct Authority (FCA). However, when searched the website of the FCA, we found it was listed by FCA as an unauthorized firm providing financial services or products in the UK illegally. That means what this broker claims is a false statement to unsuspecting investors.
The truth is, Gai Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Gai Capital claims to be regulated by the Financial Conduct Authority (FCA). However, when searched the website of the FCA, we found it was listed by FCA as an unauthorized firm providing financial services or products in the UK illegally. That means what this broker claims is a false statement to unsuspecting investors.The truth is, Gai Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.