Forex Brokers

gfx arabia

1.5 (13 reviews)
🇴🇲 Oman
Visit Website
1.5
13 reviews
5
0
4
0
3
0
2
7
1
6

About gfx arabia

gfx arabia has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

They do not care about customers

G
Grace V.
1 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. gfx arabia recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Economic calendar|Clean UI|Segregated accounts|Intuitive for beginners

Cons: No dark mode on mobile

Beyond repair at this point

E
Edward Y.
2 months ago

I am in a dispute with gfx arabia over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Regular platform improvements|Smooth onboarding|Multiple order types|Stable platform

Cons: Wait times can be long during peak hours

Ombudsman said they are uncooperative

B
Brooke C.
3 months ago

gfx arabia offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Transparent fees|Full transparency|Segregated accounts

Cons: None so far

Cannot withdraw funds - classic scam

F
Frank K.
5 months ago

I was contacted by gfx arabia through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Total fraud - reported to authorities

A
Andrew I.
6 months ago

Tried to withdraw my funds from gfx arabia and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Important information for potential investors

M
Maria W.
7 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Something doesn't add up here

M
Megan K.
8 months ago

After seeing ads for gfx arabia online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Services Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Pros: Website looks legitimate on the surface

Cons: Flagged by Financial Services Authority|Cannot verify credentials

Bait and switch tactics

O
Owen N.
8 months ago

The hidden fees at gfx arabia are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Social trading features|Detailed reporting|Tax reports included|Clean UI

Cons: Minor UI glitches occasionally|Charting tools need more indicators

False advertising at its finest

E
Elizabeth X.
9 months ago

My withdrawal request from gfx arabia has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Fast deposits|Transparent fees|Dividend tracking

Cons: Limited ETF selection|Charting tools need more indicators

Impossible to get real help

H
Harry M.
9 months ago

gfx arabia locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Automated trading options|Quick verification|Segregated accounts

Cons: Slow to add new assets|Spreads widen during volatile periods