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Score

0 1 2 3 4 5 6 7 8 9
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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!

GCG ASIA

Switzerland Switzerland | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.guardiancapitalag.asia/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Taiwan Taiwan 4.64
Surpassed 15.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://www.guardiancapitalag.asia/
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

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

This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5

Basic Information

Registered Region
Switzerland
Operating Period
5-10 years
Company Name
Guardian Capital AG
Customer Service Email Address
enquiry@guardiancapitalag.asia
FXTrader

FXTrader

Unverified

United States

can't withdraw the money in account.

Exposure

真、专属辉

真、专属辉

Unverified

Hong Kong

The withdrawal hasn’t been received for several months,which is all my hard-earned money.

Exposure

周青艺

周青艺

Unverified

Hong Kong

Be careful.The withdrawal is unavailable since June.

Exposure

FX1013954989

FX1013954989

Unverified

Taiwan

I was cheated by the scammer and lost my money.

Exposure

明明就19912

明明就19912

Unverified

Hong Kong

A lot of scams here. Keep asking u to invest. You need to pay for your upgrade if u wanna withdraw funds!

Exposure

FX1034001553

FX1034001553

Unverified

Hong Kong

I was cheated into investing over 50,000 RMB, which could not be withdrawn. What can I do to get my money back?

Exposure

FX3429668275

FX3429668275

Unverified

Hong Kong

Chen Wei, GCG’s behind-the-scenes boss, the others are all on the platform. Chen Wei was filed and pursued because of the Wanwei coin fraud. This person has long organized a fraud platform in Malaysia to defraud Chinese investors.

Exposure

FX3486079607

FX3486079607

Unverified

Hong Kong

Can't withdraw funds since October 20. Besides, our withdrawals are transferred back to other wallets in the account, infriging investors' rights.

Exposure

心飞扬

心飞扬

Unverified

Hong Kong

The GIB digital bank is all fake. Withdrawals open only 5 months have been opened in the past two years. Around the month, the others are not withdrawing money for various reasons, and the principal cannot be withdrawn at all! Those who make money are the bosses, such as Xiaokai, Huang Jianqiu (Principal Huang). At present, the two leaders have successfully cashed out! At the end of the year, all the upper-levels are preparing to divide money to prevent investors from withdrawing. At present, all the withdrawal channels are closed. If you want to withdraw, you must invest more money. It is raised at about 10% per month, and then it is raised in January and February to find a reason to withdraw. If you want to withdraw cash, you must invest again!

Exposure

王利92363

王利92363

Unverified

Hong Kong

GCG ASIA asked members to invest $500 to register digital bank. Now there are many problems with the digital bank. You can't withdraw.

Exposure

徐登护

徐登护

Unverified

Hong Kong

Is GCG ASIA existing now? Can’t withdraw in digital bank, either.

Exposure

和和气气

和和气气

Unverified

Hong Kong

The pyramid scheme by GCG, the former name of GIB, is revealed as follows: 1.GCG, which started its operation at the end of December 2018, began to block investor withdrawals on a large scale from April 2019. 2. Mr. Qiu, head of GCG, was arrested by the Cambodian police in May 2019. Later, a so-called GCG general manager Mr. Zheng launched 5-5 or 6-4 orders, inflicting heavy losses on a large number of members! 3. Before absconding, GCG promised members that the withdrawal problem will be fixed if they invest US$500 to register for the GIB Digital Bank. However, the investors were still unable to withdraw money. The registration fee later increased to US$1,000. 4. GCG rebranded itself to GIB (Global Investment Bank) after it scammed 50% of GCG members’ deposits and plotted to scam the rest in the next three years. 5. Moreover, 90% of the profits in GCG members’ accounts in the past year or so were swindled with the remaining 10% left to continue their scam. 6. Currently, GIB continues to publicize its fraudulent money-raising scheme in the hope of joining the Fortune Global 500 companies!

Exposure

和和气气

和和气气

Unverified

Hong Kong

1.GCG ASIA was opened at the end of December, 2018. And 111 gave no access to withdrawal since April, 2019. 2.Fuhao Qiu was arrested by Cambodian police in May, 2019. The so-called president Zheng cheated a lot of money by consignment business 3.GCG ASIA promised that the withdrawal problem can be solved after depositing $500 to register GIB digital bank before it absconded. In fact, the users still can’t withdraw and swindle members out of $500 instead. 4.111 was renamed GIB and pocked half of its members’ money, releasing the half money within three years. 5.90% profits of members were stolen by GCG ASIA 6.Now GCG ASIA still ballyhoos its fraud programs. The way GCG ASIA cheated can rank top 500 in the world!

Exposure

和和气气

和和气气

Unverified

Hong Kong

1.111 was opened at the end of December, 2018. And GCG ASIA gave no access to withdrawal since April, 2019. 2.Fuhao Qiu was arrested by Cambodian police in May, 2019. The so-called president Zheng cheated a lot of money by consignment business 3.GCG ASIA promised that the withdrawal problem can be solved after depositing $500 to register GIB digital bank before it absconded. In fact, the users still can’t withdraw and swindle members out of $500 instead. 4.GCG ASIA was renamed GIB and pocked half of its members’ money, releasing the half money within three years. 5.90% profits of members were stolen by GCG ASIA 6.Now 111 still ballyhoos its fraud programs. The way GCG ASIA cheated can rank top 500 in the world!

Exposure

俊儿47812

俊儿47812

Unverified

Hong Kong

I deposited in April, 2019 and I can’t withdraw. It’s said that something happened to the boss! I met another leader in September, 2020 and asked me to open an account of digital banking to withdraw! I deposited 50,000! He told me that if I paid $1,500 for an account of digital banking I can withdraw all the money and my account balance was over 600,000 now. It feels fake!

Exposure

浅景深深

浅景深深

Unverified

Hong Kong

Unable to withdraw. It's said all the funds were transferred to GIB digital bank. Scam!

Exposure

和和气气

和和气气

Unverified

Hong Kong

After scamming me of $500, GCG ASIA absconded.

Exposure

心飞扬

心飞扬

Unverified

Hong Kong

It is simply a fraud. The rich Qiu has absconded with clients’ money. The unleash of the fund needs 3 years. It is a rip-off.

Exposure

Eleven years

Eleven years

Unverified

Hong Kong

GCG ASIA claimed to solve the withdrawal problem as long as the digital bank was established. But now it has absconded. It still has 3 years to go before the withdrawal is available. I just want to take my fund back. But I am required to add fund.

Exposure

一个哥

一个哥

Unverified

Hong Kong

After the digital bank was set up, GCG ASIA absconded. The withdrawal process needs 3 years. Does the bank still exist?

Exposure

陆昇-专业祛斑祛痘祛痣

陆昇-专业祛斑祛痘祛痣

Unverified

Hong Kong

It is definitely a fraud. It established the so-called digital bank, only to covet your fund. After that, another bait is waiting for you.

Exposure

FX2694527972

FX2694527972

Unverified

Hong Kong

It is a fraud. Stay away.

Exposure

㏑£

㏑£

Unverified

Hong Kong

GCG ASIA always holds off the the withdrawal. Now it claims to cooperate with GIB to establish a digital bank. Actually, those videos are shot in advance.

Exposure

89
Biz Area
Genealogy
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Company Summary
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GCG ASIA

Related Companies

Guardian Capital AG(Switzerland)
Switzerland
Guardian Capital AG(Switzerland)
Active
Switzerland
Registration No.
952342
Established
GCG ASIA PTY LTD(Australia)
Australia
GCG ASIA PTY LTD(Australia)
Deregistered
Australia
Registration No.
631970726
Established

Company Profile

Company Profile

Review summary

GC OptionReview Summary
Founded2019
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsCurrency pairs, stocks, indices, metals
Demo Account
Leverage/
Spread/
Trading PlatformMT4, WebTrader Pro, WebTrader Classic
Minimum Deposit$10
Promotion
Customer Support24/7 multilingual support
Live chat
Email: support@grandcapital.net [Mon–Fri 6:00 AM–6:00 PM (GMT)]
Social media: Instagram, YouTube, Twitter, Facebook

GC Option was registered in 2019 in Saint Vincent and the Grenadines, offering trading services related to currency pairs, stocks, indices, and metals. It provides three types of accounts, with a minimum deposit of $10. Besides, demo accounts and promotions are also provided. However, this company is not regulated, and it does not reveal details of leverage ratio and spread.

GC Option's homepage

Pros and Cons

Pros Cons
Demo accounts offeredLack of regulation
Low minimum depositLack of transparency
MT4 supportedLimited payment options
Multiple channels for customer support
Promotions offered

Is GC Option Legit?

No, GC Option is not regulated by financial regulatory authorities in Saint Vincent and the Grenadines, which means the company lacks regulation from its registration site. Therefore, potential risks cannot be ignored.

No license
Domain information

What Can I Trade on GC Option?

GC Option provides several types of products, including currency pairs, stocks, indices, and metals.

Tradable Instruments Supported
Currency Pairs
Indices
Stocks
Metals
Cryptos
Bonds
Options
ETFs
What Can I Trade on GC Option?

Account Type

GC Option offers three types of accounts: Silver, Gold, and VIP Account. Besides, a demo account is also available. However, the leverage ratio, spread, and commission fees of each account are not clear.

Account TypeMinimum Deposit
Silver$10
Gold$100
VIP$300
Account comparison

Trading Platform

GC Option uses WebTrader Pro, WebTrader Classic, and MT4 as its trading platforms. MT4 is a commonly used platform, which is suitable for beginners. However, it should be noted that web traders may have potential risks, and careful considerations are recommended.

Trading PlatformSupported Available Devices Suitable for
MT4PC, web, mobile, macBeginners
WebTrader ProWeb/
WebTrader ClassicWeb/
MT5//
Trading Platform

Deposit and Withdrawal

GC Option supports ThunderXpay and Indian Exchanger. The processing time and commission fees vary according to the types of payment options.

Deposit Options Accepted CurrenciesDeposit FeesDeposit Processing Time
ThunderXpayLAK, MMK, KHR2%/
Indian ExchangerINR1 day
Withdrawal Options Accepted CurrenciesWithdrawal Fees Withdrawal Processing Time
ThunderXpayLAK, MMK, KHRUp to 3 days
Indian ExchangerINRDepends on bank1 to 3 days
Deposit
Withdrawal

Promotion

GC Option has promoting activities which offer bonuses to traders.

Promotion

Keywords

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

News

'Datuk' among 10 individuals arrested over bogus forex investment scheme

News 'Datuk' among 10 individuals arrested over bogus forex investment scheme

The police arrested 10 individuals, including a man carrying the title "Datuk", for their suspected involvement in fraudulent forex investment schemes in five states on Saturday (Jan 1).

Cops bust forex scam syndicate, seize RM127mil worth of watches and gold

News Cops bust forex scam syndicate, seize RM127mil worth of watches and gold

A Datuk is among 10 arrested for alleged links to a Forex investment scam involving losses of at least RM2.94mil.

Wiki Q&A

Can GCG ASIA be considered a credible broker?

No, GCG ASIA cannot be considered a credible broker. Operating as Guardian Capital AG and registered in Switzerland with 5-10 years of reported history, the firm lacks any valid authoritative forex trading licenses. The WikiFX assessment, resulting in an exceptionally low aggregate score of 1.59, reflects a fundamental absence of credible regulatory compliance and established financial safeguards. Engaging with this unregulated entity involves inherent risks, as client funds are not protected by conventional oversight frameworks.

Three days ago
United States

What is the current regulatory status of GCG ASIA?

GCG ASIA operates without any verified mainstream regulation. It holds no valid licenses from recognized financial authorities such as the FCA, ASIC, or FINMA. According to its regulatory profile on WikiFX, the entity's regulatory index is assessed at zero, confirming a complete absence of authoritative oversight. This status places it outside the compliance and client protection frameworks typical of established financial markets.

Three days ago
United States

What is the full company name of GCG ASIA?

The entity operates under the full company name Guardian Capital AG, which is registered in Switzerland.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
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.

Three days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
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.

Three days ago
United States
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