Gfundassets Review

Is Gfundassets a scam or legit broker? Read Gfundassets Review

A website called Gfundassets.com promotes itself as being a little dubious. Several traders are unsure as to whether Gfundassets can be relied upon. Gfundassets initially appears to be relatively genuine; however, appearances can be deceiving.

If you look at their website (https://gfundassets.com/), you can see that they are not regulated by anyone. Neither of them revealed their address or contact number. That raises a big warning. It ought to be sufficient to convince you not to trade with them. Also, they collaborate with “automated trading software”-related websites, which is another warning sign because these websites are infamous for their involvement in scams.

The fact that Gfund Assets is an unregulated broker implies that investors are not secure and that it is very probable they will escape with your money because there is no regulatory body to hold them accountable.

The broker was blacklisted by the German regulator, the Federal Financial Supervisory Authority (BaFin). BaFin wanted to clarify that GFund Assets has no authorization under the German Banking Act (Kreditwesengesetz – KWG) to conduct banking activity or provide financial services. This is following Section 37(4) of the KWG. BaFin does not oversee the business. There are good reasons to believe that GFund Assets is offering financial services and conducting banking business in Germany without the necessary authorization, according to the information published on the company’s website, gfundassets.com.

Possible scam activities of Gfundassets

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Gfundassets review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker promises returns that are too good to be true.
• The risk warnings may not be disclosed on their webpage or would be hidden.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative Gfundassets Reviews and Complaints

Gfundassets has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative Gfundassets Review

After Searching internet you will find many negative Gfundassets Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Gfundassets reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.