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gkmtech

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ANSWER Dear Investor, We do not recommend engaging in transactions with GKM Global Tech (GKMTECH) due to a lack of valid regulatory credentials. The broker has not provided any regulatory information, merely offering an address in Montenegro. Consequently, we searched the list of licensed entities in the Capital Market Authority of Montenegro (SCMN) and found no records related to GKM Global Tech. This indicates that GKM Global Tech is not authorized by any authoritative regulatory body to conduct forex or derivative trading activities in Montenegro, let alone by any other international regulators. Trading with such an unregulated broker poses severe threats to both your funds and personal information. We strongly advise you to avoid any dealings with GKM Global Tech to protect your financial security.

Does GKMTECH accept Canadian customers?

Candy Gkiouzelis

Canada

Apr 12, 2024

ANSWER Given its unlicensed status, we strongly recommend avoiding the use of GKMTECH.This broker does not provide any information regarding its regulatory status, which suggests potential non-compliance with relevant regulations. Although it claims to be based in Montenegro, there is no evidence to suggest that it is registered with the Capital Market Authority of Montenegro (SCMN). The lack of regulatory oversight implies significant risks associated with GKMTECH.Therefore, we strongly advise investors to steer clear of GKMTECH to avoid the risk of financial losses due to potential fraudulent activities. For a safer trading environment, we recommend choosing fully regulated brokers.

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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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