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GreatchainFX

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Operating status: SCAM

Website: https://greatchainfx.net/; http://www.greatchainfx.com/

Broker violations and abnormal records
  • Aug 08, 2023 UK FCA Issues Warning Against GreatchainFX

    On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning to GreatchainFX, stating that the broker may be offering financial services or products without proper licensing.  https://www.fca.org.uk/news/warnings/greatchainfx

    On August 9, 2023, the Financial Conduct Authority (FCA) issued a warning to GreatchainFX, stating that the broker may be offering financial services or products without proper licensing. https://www.fca.org.uk/news/warnings/greatchainfx
  • Aug 10, 2023 BrokersView has rated GreatchainFX as an unregulated broker

    GreatchainFX uses a certificate from FMRRC to appear legitimate. However, this so-called FMRRC is not a legitimate financial regulator.

    Although GreatchainFX claims to be headquartered in the UK, the company has not obtained the necessary authorization from the Financial Conduct Authority (FCA) to legally provide financial products/services, as evidenced by the FCA warning against GreatchainFX.

    In essence, GreatchainFX is not regulated by any regulatory body. Entrusting investors' money to this exchange is very risky, as there are no legal safeguards to protect their money. This is clearly a scam.

    GreatchainFX uses a certificate from FMRRC to appear legitimate. However, this so-called FMRRC is not a legitimate financial regulator.Although GreatchainFX claims to be headquartered in the UK, the company has not obtained the necessary authorization from the Financial Conduct Authority (FCA) to legally provide financial products/services, as evidenced by the FCA warning against GreatchainFX.In essence, GreatchainFX is not regulated by any regulatory body. Entrusting investors' money to this exchange is very risky, as there are no legal safeguards to protect their money. This is clearly a scam.
  • Nov 30, 2025 BrokersView has identified that GreatchainFX's website is currently offline

    BrokersView found that the domains "https://greatchainfx.net/; http://www.greatchainfx.com/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domains "https://greatchainfx.net/; http://www.greatchainfx.com/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

Is GreatchainFX regulated?? Im really confused.

Lara Singh
Dominica
Sep 06, 2023
ANSWER GreatchainFX is not regulated.GreatchainFX provides a certificate from FMRRC to appear legal. However, the so-called FMRRC is not a legit financial watchdog.GreatchainFX is allegedly headquartered in the UK, but there are no indications that it is registered with the Financial Conduct Authority (FCA), which, hence, drew a warning from the UK financial watchdog. According to the FCA warning, GreatchainFX is not authorized to legally provide financial products or services in this jurisdiction.As such, we strongly suggest investors steer clear of the unlicensed broker GreatchainFX. Without regulatory oversight, there are no rules in place to prevent fraud and theft. Traders' money and personal information, once held by the platform, will not get protected. It could be financially and personally devastating. To mitigate such risks, we highly recommend choosing a fully regulated broker.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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