Goccfx Review – Is Goccfx a Scam Broker?
- Website: https://goccfx.com/
- Website Availability: No
- Address: United Kingdom
- Warning: Not Recommended By Proupshot
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Goccfx is a broker established in 2023 and registered in the UK. It provides a variety of trading services in Forex, Indices, Commodities, Stocks, and Cryptocurrencies, utilizing its WebTrader platform. Although this broker seems to be offering a Demo Account and even has an Apple-based app that gives a trust, many things later prove to be red flags indicating that this platform should be taken into account with utmost caution.
No Regulatory Oversight
The most alarming thing about Goccfx is its operation without any legitimate financial regulation. Such an absence of oversight casts considerable suspicion over the safety of user deposits and the integrity of its trade executions. Regulation is an integral factor in the choice of a broker, keeping brokers accountable and protecting the trader. In the case of Gocc fx, no such safety is ensured.
Non-Functional Official Website
Another warning sign is that the official website of Gocc fx is not working at the moment. This lack of transparency will hinder traders from accessing important information such as terms and conditions, contact information, or support. A broker without a proper website should never be trusted with financial transactions.
Limited Accessibility Due to Regional Restrictions
Goccfx has many limitations in a few parts of the world such as North Korea, Israel, China, Vanuatu, and Cuba. These restrictions regarding particular regions make it less available to a vast number of traders and further, that kind of limitation harms the credibility Goccfx enjoys among the traders globally.
Deceptive App Usage
The platform is supposed to create an authentic feeling through Apple applications. However, Apple does not manually verify every application- scammers have taken advantage of this fact. Goccfx used this tactic to gain customers’ trust in their early transactions.
- Deposits and withdrawals initially seemed to work with small amounts.
- Once the users started investing larger amounts, the withdrawals got blocked.
- Accounts were blocked mysteriously, leaving users with absolutely no options.
Boocfxs.com – The New Platform
In another case of unreliable brokers, Goccfx has now shifted its operations to a new platform-Boocfxs.com. They also boast of an association with an equally unreachable and equally questionable firm called Bernstein.
Final Verdict on Goccfx Review
This Goccfx review is likely to leave traders with the strong impression that the broker should be avoided. Indicators of a broken website, an app that goes beyond its intended purposes, and dubious affiliations point to Goccfx not being a credible platform.
If you happen to encounter Goccfx or boocfxs.com, do keep your guard up and seek help in case your funds become trapped.
Take Action Today
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