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GiroFX

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Operating status: SCAM

Website: http://girofx.com/

Broker violations and abnormal records
  • 2020-04-19 The Swedish regulator FI added GiroFX into its blacklist
    The Swedish Financial Supervisory Authority (FI) claimed that GiroFX is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision: https://www.brokersview.com/news/790.
    The Swedish Financial Supervisory Authority (FI) claimed that GiroFX is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision: https://www.brokersview.com/news/790.
  • 2021-08-12 BrokersView has found that GiroFX is not working
    BrokersView found the domain http://girofx.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.
    BrokersView found the domain http://girofx.com/ is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker’s website is suspended.
  • 2023-12-13 The OSC issues a warning against GiroFX

    On December 14, 2023, the Ontario Securities Commission (OSC) issued a warning against GiroFX, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/girofx

    On December 14, 2023, the Ontario Securities Commission (OSC) issued a warning against GiroFX, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/girofx

Related Complaints

Q&A

Is GiroFX regulated or not?

Vahrokh
India
2023-04-05
ANSWER GiroFX is an unlicensed broker that we do not recommend trading with.When we tried to access this broker's website through the link you provided, we found it is not working. The absence of a website which is essential for a broker to display regulatory status and facilitate trading may be interpreted as a negative indication, suggesting potential issues with the broker's reliability and resources. In addition, we would like to bring to your attention that the Swedish Financial Supervisory Authority (FI) has added GiroFX to its warning list for offering financial services without authorization. You can check the warning here.Regarding your question, GiroFX is an unlicensed broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. We strongly suggest investors avoid unlicensed brokers like GiroFX and choose the fully regulated ones instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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