GrapheneFX Review – Is it Reliable?

GrapheneFX Review

GrapheneFX logo

If you are looking for a GrapheneFX review, then you are probably looking for a broker. There is no denying that the financial markets are highly profitable. For decades, people have been making their fortunes from these markets and you can easily find lots of success stories. Some made massive fortunes, while others also managed to make substantial returns. Of course, you also want to enjoy the same perks, but it is also vital to remember the other side. There are also stories about people who lost money in the financial markets. Sure, their lack of knowledge and skill played a role, but these weren’t the only factors in all the cases.

A number of people were unable to succeed in the world of financial trading because they didn’t have the right platform. Suffice it to say, a broker can also have a big impact on your overall success in trading, so it is not a decision to be made lightly. The problem is that when you start looking, the sheer number of choices are enough to overwhelm anyone. At one point, they all start blurring together and you cannot decide how to pick one. Many even choose a random one and may later regret. Why? This is because the financial markets have had their share of fraudulent and scam companies.


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Get your money back from scammers!
Fill the contact form information on the page in this link and you can get the assistance you want in order to return your stolen money! You will be helped through the entire refund operation by the help line of a recommended money recovery service after which a client file will be opened for you by a personal case manager.


You can easily find reports about brokerages that turned out to be illegal or scam and people ended up suffering from hefty losses. The issue is that these fake brokers are quite convincing, so those who don’t have a lot of knowledge about how to spot scams, end up falling for them. As it turns out, GrapheneFX also falls in the same category. How? Let’s take a look at it:

GrapheneFX website

Introduction

When you check out GrapheneFX, you will discover that it is presented as a trusted broker that has more than 12 years of experience under its belt of operating in the forex industry. They claim to have their headquarters in South Africa and also have operating offices in the United Kingdom and Canada. Apart from that, there are some other details they have also mentioned. This includes having a presence in Asia, Europe and Africa, where they have served more than 350,000 clients.

As far as their offerings are concerned, GrapheneFX claims to provide their clients with more than 1,000 trading instruments, which include more than 40 currency pairs and numerous CFDs on indices, stocks, cryptocurrencies and commodities. They have the lowest possible commissions and spreads, leverage that goes as high as 1:200, the well-known MetaTrader4 trading platform and a single account type. When you put all of this together, it comes off as a rather exemplary broker that can suit the needs of all kinds of traders.

At closer glance, you will find that the reality of GrapheneFX is very different from what they have portrayed. How? You can go over their offerings and determine it:

Regulation

It is simply not possible for GrapheneFX to be a legitimate brokerage because their website is not regulated. What’s worse is that they have made false claims about their regulation and this is a clear indication of a scam. As mentioned above, they have claimed to have headquarters in South Africa and also having an office in the United Kingdom. But, when you take a look at their regulation, they have said that they are regulated by the Financial Services Authority (FSA) based in St. Vincent and the Grenadines.

Their website does show a certificate of incorporation that has been issued by the FSA, but this doesn’t mean that it is a legitimate forex license. In fact, you will find that the FSA does not issue any forex licenses because they don’t oversee the forex industry in the country. They are just responsible for regulating the insurance and banking sectors on the Islands. They have even issued a warning about scam brokers, such as GrapheneFX, which claim to be regulated there.

Apart from that, you will find that GrapeheneFX has also made the claim of being regulated by the International Financial Services Commission (IFSC) of Belize. Again, this is not true at all because when you take a look at the IFSC registers, you will not find any broker by the name of GrapheneFX, or the company called Graphenefx Markets Inc., which presumably owns and operates it.

All of this makes it obvious that this is a scam and if you want to ensure the safety of your funds, you need to avoid them altogether.

Features

Of course, they have added such features and offerings to draw people to their platform. You will find that the minimum deposit requirement at GrapheneFX is just $100, which is fairly low and can tempt people to give it a try. They are also offering support for multiple payment methods, such as debit and credit cards and even popular e-wallet options like Neteller and Skrill. However, their misleading claims above should warn you off because there is a possibility that none of these will be offered to you when you do sign up with them.

Apart from that, they have also add leverage offerings between 1:200 and 1:3000 and this can be extremely difficult to resist. But, you should consider that they have certain conditions that you would be required to fulfill. The biggest draw is none other than the MT4 trading platform, but you shouldn’t fall for that either because it is clearly not a legit brokerage.

After all, when you visit the GrapheneFX website, they have made a claim of helping you change your financial status. Well, they do help you in doing so, but not in the way you expect. They are obviously claiming to help clients in making huge amounts of money, but the opposite is more likely to happen, as they are clearly a scam operation.

Final Thoughts

Since GrapheneFX has all the hallmarks of a scam, it is definitely not reliable and you need to look for a different option in order to start trading.


How To Get Your Money Back?

Get your money back from scammers!
Fill the contact form information on the page in this link and you can get the assistance you want in order to return your stolen money! You will be helped through the entire refund operation by the help line of a recommended money recovery service after which a client file will be opened for you by a personal case manager.


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