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Gerco Capitals

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Operating status: SCAM

Website: https://gerco-capitals.com/

Broker violations and abnormal records
  • 2023-11-05 The UK FCA issued a Warning against Gerco Capitals

    On 3 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Gerco Capitals was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/gerco-capitals-gerco-capitalscom

    On 3 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Gerco Capitals was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/gerco-capitals-gerco-capitalscom
  • 2023-11-05 BrokersView has Reviewed that ​Gerco Capitals is an Unregulated Broker

    According to its website, Gerco Capitals claims it's one of the brand of Exinity Group and located in the USA, but after confirming with FXTM's customer service, it was found that they have no relationship, so it can be seen that it is trying to compete with Exinity Group, and there is no matching information was found in the National Futures Association (NFA).

    The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Gerco Capitals was providing finacial services or products without authorisation.

    The truth is that Gerco Capitals is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Gerco Capitals is a scam.

    According to its website, Gerco Capitals claims it's one of the brand of Exinity Group and located in the USA, but after confirming with FXTM's customer service, it was found that they have no relationship, so it can be seen that it is trying to compete with Exinity Group, and there is no matching information was found in the National Futures Association (NFA).The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Gerco Capitals was providing finacial services or products without authorisation.The truth is that Gerco Capitals is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Gerco Capitals is a scam.

Related Complaints

Q&A

Is Gerco Capitals regulated in the US?

Alexia Joshi
United States of America
2023-11-15
ANSWER No, Gerco Capitals is not regulated in the US. Furthermore, it is a fraudulent trading platform that carries significant risks, as it falsely claims to be a partner of a renowned forex brand, misleading unwitting investors.Gerco Capitals purports to be a brand of Exinity Group, a company operating FXTM, a licensed forex trading platform. The FXTM refutes this assertion, saying they have nothing to do with Gerco Capitals. This dishonest practice significantly hurts Gerco Capitals' credibility. Furthermore, while Gerco Capitals provides an address in the US, our search for this broker in the register of the National Futures Association (NFA) didn't yield any results. Therefore, it is not subject to this regulator's oversight. What's more, it blatantly solicits British customers without authorization from the Financial Conduct Authority (FCA), the UK financial watchdog. Therefore, the FCA issued a warning about Gerco Capitals, alerting investors of the risks involved.Therefore, we strongly suggest you avoid Gerco Capitals. By trading with this platform, investors are exposed to fraud and identity theft, which could be devastating. To minimize such risks, it is advisable to choose fully regulated brokers instead.
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