Forex Brokers

GMFX Fund (gmfxfund.com)

2.0 (5 reviews)
🇦🇺 Australia
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About GMFX Fund (gmfxfund.com)

GMFX Fund (gmfxfund.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61 383834484, 16 476945676, 44 2080731704

Addresses: 30 Churchill Place Canary Wharf London E14 5EY; 66 Wellington St W Toronto ON M5K 1A1 Canada This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.gmfxfund.com.

Customer Reviews

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False promises and poor execution

C
Christopher D.
3 weeks ago

I joined GMFX Fund (gmfxfund.com) from a blog post comparing services and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Clean UI|Fast support response|Economic calendar

Cons: Currency conversion fee exists|Limited social trading features

Would not recommend to others

D
Diana M.
8 months ago

I found GMFX Fund (gmfxfund.com) after a friend recommended them and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Responsive team|Multi-currency support

Cons: Onboarding videos are outdated

Research is copy-paste from elsewhere

S
Susan I.
8 months ago

If you are reading this considering GMFX Fund (gmfxfund.com) - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Easy withdrawals|API access

Cons: Wait times can be long during peak hours|Live chat only during business hours

No real market analysis

S
Stephanie B.
8 months ago

I requested my data from GMFX Fund (gmfxfund.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Good analytical tools|Detailed reporting|Educational resources|Quick verification

Cons: Account statements could be more detailed|Limited social trading features

They closed my account without explanation

S
Steven H.
9 months ago

GMFX Fund (gmfxfund.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Multiple order types|Low minimum deposit

Cons: Limited social trading features