Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

GPP

New Zealand New Zealand | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Contact

4006898502
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The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
Global IMFCH LTD
Abbreviation
GPP
Company employee
--
Customer Service Email Address
2523224304@qq.com
Contact Number
4006898502
Company Website
--
QQ
2523224304
FX1639280934

FX1639280934

Unverified

Hong Kong

GPP won’t allow me to withdraw. They’ve been pushing the buck, saying that the withdrawal channel is under maintenance. I applied for a $4500 withdrawal on October 17th and $8180 on October 18th. They told me the withdrawal request must be divided into parts. So I applied 9 times. They only gave me $400 until now. My mother is sick. We are in need of money. How could they treat me like this?

Exposure

FX1149288841

FX1149288841

Unverified

Hong Kong

The withdrawal can’t be transferred to my bank account!

Exposure

FX8529438337

FX8529438337

Unverified

Hong Kong

The withdrawal hasn’t been received for 2 months since August 16th.Is the platform even lacking these hundreds of dollars?Is it ready to run away?The platform didn’t give any explanation.

Exposure

玥茗

玥茗

Unverified

Hong Kong

The platform didn't give access to withdrawal, keeping holding off.

Exposure

贝壳找房 德佑旗舰店--李美惠

贝壳找房 德佑旗舰店--李美惠

Unverified

Hong Kong

There is a severe slippage since the platform doesn’t stop loss or take profit as expected! It is a rip-off. Stay away.

Exposure

花明

花明

Unverified

Hong Kong

The order wasn’t dealt at the set price,causing thousands of losses and forced liquidation.Scam platform.

Exposure

FX8539702843

FX8539702843

Unverified

Hong Kong

Platform unable to withdraw, Chinese agent customer service attitude is extremely bad, any question always effective explanation and tehy don't know anything, what can i say? i also can not answer.Offline account opening personnel is also nonsense shirk responsibility.

Exposure

FX2469661033

FX2469661033

Unverified

Hong Kong

At first, I felt that there was something wrong. I didn’t trade on the platform for a long time and I applied for withdrawing money later. The application has not been under verification for months. And the balance didn’t be deducted. Where did the money go when they delayed the verification? I am considering of reporting to the police! ! !

Exposure

FX9449363799

FX9449363799

Unverified

Hong Kong

Their customer service won’t let me withdraw and pushed the buck. I applied for a withdrawal on August 24, but the money hasn’t arrived yet. They might be running away.

Exposure

9
Website
Genealogy
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Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • gaopengwh.com
    45.249.244.128
    Server Location
    Hong Kong Hong Kong
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    0001-01-01
    Website
    WHOIS.GZIDC.COM
    Company
    GUANGDONG JINWANBANG TECHNOLOGY INVESTMENT CO. LTD.

Genealogy

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GPP

Related Companies

GLOBAL IMFCH LIMITED(Hong Kong)
Hong Kong
GLOBAL IMFCH LIMITED(Hong Kong)
Active
Hong Kong
Registration No.
2359963
Established
GLOBAL IMFCH LIMITED
New Zealand
GLOBAL IMFCH LIMITED
Active
New Zealand
Registration No.
--
Established

Company Profile

Company Profile

Review summary

GPP Basic Information
Company Name GPP
Founded 2010
Headquarters New Zealand
Regulations Not regulated
Tradable Assets Forex, Precious Metals, CFDs
Account Types Not specified
Deposit Methods Bank wire transfers, UnionPay card deposits, credit card deposits (UnionPay)
Trading Platforms MT4, Web-based platform, Tablet version, Mobile app
Customer Support Email: info@gimfch.com; Hotline: 400-689-8502

Overview of GPP

GPP, founded in 2010 and headquartered in New Zealand, operates as a financial brokerage offering trading services in the global markets. Despite its diverse range of tradable assets, including forex, precious metals, and CFDs, GPP's regulatory status is questionable, with its license revoked by the New Zealand Financial Service Providers Register. Traders benefit from multiple deposit methods and various trading platforms, such as MT4 and mobile apps, for enhanced accessibility. However, the lack of regulatory oversight and transparency raises concerns about fund security and operational integrity, limiting the broker's appeal to risk-conscious traders.

Overview of GPP

Is GPP Legit?

GPP was previously regulated by the New Zealand Financial Service Providers Register (FSPR) under license number 479826. However, its regulatory status is now abnormal as this license has been revoked. Traders should exercise caution and be aware of the increased risks associated with dealing with a non-regulated entity.

Is GPP Legit?

Pros and Cons

GPP presents traders with a diverse range of trading instruments and supports multiple deposit methods, offering flexibility and convenience in trading operations. Additionally, the availability of various trading platforms enhances accessibility for traders. However, the lack of regulatory oversight and transparency poses significant risks, including concerns about fund security and operational integrity. Moreover, the absence of essential information such as account types, minimum deposit requirements, and leverage ratios makes it challenging for traders to make well-informed decisions. Furthermore, the limited customer support and educational resources may hinder traders' ability to receive timely assistance and improve their trading skills effectively.

Pros Cons
  • Diverse range of trading instruments
  • Lack of regulatory oversight increases trading risks
  • Supports multiple deposit methods
  • Limited information on account types and requirements
  • Various trading platforms available
  • Limited customer support and educational resources

Trading Instruments

GPP offers a range of trading instruments including Forex (foreign exchange currencies), precious metals, and CFDs (Contracts for Difference) on various financial derivatives.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

Broker GPP RoboForex FxPro IC Markets
Forex Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Crypto No Yes Yes Yes
CFD Yes Yes Yes Yes
Indexes No Yes Yes Yes
Stock No Yes Yes Yes
ETF No Yes No Yes
Options No No Yes No

Deposit & Withdraw Methods

GPP supports deposits through bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay). Withdrawals can be made via UnionPay, credit cards, and bank wire transfers.

Trading Platforms

GPP offers trading through various platforms including MT4 (MetaTrader 4), a web-based platform, tablet version, and mobile app for smartphones.

Trading Platforms

Customer Support

GPP provides customer support via email at info@gimfch.com and through a hotline at 400-689-8502.

Conclusion

In conclusion, GPP offers traders a diverse range of trading instruments and supports multiple deposit methods, enhancing flexibility and accessibility in trading activities. However, the lack of regulatory oversight and transparency presents significant risks, including concerns about fund security and operational integrity. Additionally, the absence of essential information such as account types and requirements, coupled with limited customer support and educational resources, may impede traders' ability to make well-informed decisions and effectively manage risks.

FAQs

Q: Is GPP a regulated broker?

A: No, GPP is not regulated.

Q: What trading instruments can I trade with GPP?

A: GPP offers a variety of trading instruments, including forex, precious metals, and CFDs.

Q: What deposit methods does GPP support?

A: GPP supports multiple deposit methods, including bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay).

Q: Are there any educational resources available for traders with GPP?

A: Unfortunately, GPP does not provide educational resources for traders.

Q: How can I contact GPP's customer support?

A: You can reach GPP's customer support via email at info@gimfch.com or through the hotline at 400-689-8502.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with GPP?

Yes, trading with GPP carries significant risk. According to WikiFX data, the broker, Global IMFCH LTD, lacks any valid, mainstream regulatory oversight from authorities like the FCA or ASIC. Its previously listed Financial Service Providers Register (FSPR) asset management license is documented as revoked. This absence of credible supervision and investor protection mechanisms results in a very low overall assessment score of 1.61, indicating a high-risk profile.

In a week
United States

Which financial regulator oversees GPP?

GPP, operating as Global IMFCH LTD, is not overseen by any major financial regulator. WikiFX assessment indicates the broker is officially registered in New Zealand but holds no active, recognized forex trading licenses. The entity's regulatory status is classified as 'No Regulation,' and a previously referenced license from the Financial Service Providers Register (FSPR) has been revoked, confirming a complete lack of authoritative oversight.

In a week
United States

How can I contact GPP?

Contact details for GPP (Global IMFCH LTD) are not currently publicly disclosed in its profile. The broker does not provide standard trading specifications such as minimum deposit requirements, leverage options, or funding methods. This lack of transparent operational and contact information is consistent with its unregulated and high-risk status.

In a week
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

In a week
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

In a week
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

In a week
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

In a week
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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