Is Trades-GIC.com Scam or a Legit Broker?
The answer is NO. The Trades-GIC is not a trustworthy option for online investment as a valid regulation does not verify this broker. Here, we will mention openly that the GIC Trade Market is a pathetic scam; this broker is full of lies.
It would help to be cautious before investing in a GIC broker because there’s no information about legitimate regulations on the official website. GIC broker is implied by the tracers of the T&C section, which is thus entitled to a third-party broker- UIT FX Market. So, it is alarming for brokers with lots of cyber threats and on top of block-listed trading platforms.
What is trades-GIC.com?
GIC trades, also known as P2P, is an online trading platform and a global portfolio giving traders a wide range of global forex, stocks, and commodities.
It was disturbing that GIC Markets’ T&C area has a place with a unique broker – UIT FX Market! This all concludes that GIC Markets is unknown for exchanging tricks.
About GIC-Trades
| Regulations: | Unregulated Scamming Broker |
| Is This Broker Safe? | No, illegal broker regulation |
| Known Websites: | gicmarkets.com |
| Registered in: | Seychelles |
| Operating year: | 2016 |
| Trading Platforms: | MT5 |
| Maximum Leverage: | 1:500 |
| Minimum Deposit: | $50 |
| Deposit Bonus: | 10% |
| Trading Resources: | Forex, Indices, Crypto, Commodities |
| Free Demo Account: | Not available |
Trade-GIC.com deals with Singapore’s unfamiliar standards and gives no speculation administrations to people in general. However, below is uncovered closer examination you need to look into
Deposits and Withdrawals
Worried about being involved in a Trades-GIC scam? Customers may encounter problems with deposits and withdrawals when dealing with GICs. Early withdrawal from a GIC typically results in penalties. However, with a redeemable GIC, you have the option to cashback your investment quickly. At the end of the term, you are guaranteed to receive the amount you deposited into your account.
At the point when you purchase a GIC, you are consenting to loan the bank or monetary establishment your cash for deposit.
Account Types:
The GIC trades offer three types of GIC accounts to its IDs; Cashable GICs, US Currency GICs, and Market GICs. Three of these differ in binding interest terms.
- Cashable GICs: whether it tends to be reclaimed before progress.
- US Currency GICs: US Currency GICs are a kind of limited investment.
- Market GICs: Most certified (GICs), as anyone might expect, are named in Canadian dollars.
Red Flags and Warning Signs
As per the guidelines of the Trades-GIC review, the website owner is using a paid service to hide their identity on WHOIS. The website does not have a significant number of visitors. The site is served from a high-risk country, which raises concerns.
Read our carefully selected list of 100 top-regulated brokers to make Safe investment decisions in legitimate companies.
Customer Complaint / Review
Our research team has researched the internet for Trades-GIC reviews. A lot of negative reviews about this site have been found. No SSL certificate was found on the website. The website has been recently registered. The content of the site could not be analyzed.
FAQs
Why should investors choose Trades-GIC.com for crypto investment?
The GIC (Guaranteed Investment Certificate) works to give its credentials the best experience in financing and insurance interests. This trade is not legitimate, and the officials did not open any terms of regulations
Is the website monitored by a governing body?
Unfortunately, Trades-GIC.com is monitored by an Unregulated Offshore Broker and is registered in Seychelles.
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