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GKMTECH

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Operating status: SCAM

Website: https://g-global.me/

Broker violations and abnormal records
  • 2022-08-11 BrokersView has Reviewed that GKMTECH is an Unregulated Forex Broker

    GKMTECH claims it serves individual and corporate investors worldwide since 2004. But when we checked its domain, we found it was newly created on 20 Apr 2022. So how could it start its business in 2004? It is a red flag here.

    Besides, GKMTECH claims to be a regulated broker while presenting no details about its regulations and only shows its company address is in BUDVA, Montenegro. However, we did not find any match results to GKMTECH in the Capital Market Authority of Montenegro (SCMN). That means GKMTECH is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    GKMTECH claims it serves individual and corporate investors worldwide since 2004. But when we checked its domain, we found it was newly created on 20 Apr 2022. So how could it start its business in 2004? It is a red flag here. Besides, GKMTECH claims to be a regulated broker while presenting no details about its regulations and only shows its company address is in BUDVA, Montenegro. However, we did not find any match results to GKMTECH in the Capital Market Authority of Montenegro (SCMN). That means GKMTECH is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Does GKMTECH accept Canadian customers?

Candy Gkiouzelis
Canada
2024-04-12
ANSWER Given its unlicensed status, we strongly recommend avoiding the use of GKMTECH.This broker does not provide any information regarding its regulatory status, which suggests potential non-compliance with relevant regulations. Although it claims to be based in Montenegro, there is no evidence to suggest that it is registered with the Capital Market Authority of Montenegro (SCMN). The lack of regulatory oversight implies significant risks associated with GKMTECH.Therefore, we strongly advise investors to steer clear of GKMTECH to avoid the risk of financial losses due to potential fraudulent activities. For a safer trading environment, we recommend choosing fully regulated brokers.
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