GTCFX has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". GTCFX is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: m.gtcfxorus.com, m.gtcfxorus.cc, pc.gtcfxorus.com, pc.gtcfxorus.cc.
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
After doing some research AFTER the fact (I know, I should have done this first), I discovered that GTCFX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
My card was charged twice by GTCFX on the same day. I had to dispute it with my bank. GTCFX then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Instant funding|Transparent fees
Cons: Alert system is basic|Desktop app not available on Linux
The platform itself is okay, but the customer service at GTCFX is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Wide product range|High security standards
Cons: Some tools only available on higher tiers
Customer support at GTCFX seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multiple order types|Low minimum deposit|Transparent fees
Cons: No integrated tax optimization|Would like more payment methods
I want to warn everyone about GTCFX. They have been flagged by Autorité des marchés financiers as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
GTCFX changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Automated trading options|Real-time alerts|Helpful community forum|Regular platform improvements
Cons: Mobile app could be improved|Limited ETF selection
GTCFX has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Economic calendar|Multi-device support|Great customer service
Cons: Minimum deposit could be lower|None so far
Several red flags with GTCFX: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Autorité des marchés financiers|Cannot verify credentials
The platform at GTCFX is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over three years of dealing with this, I have had enough.
Pros: Copy trading available|Multi-device support|Easy withdrawals
Cons: Research section could be deeper|Slow to add new assets