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GCG ASIA -

Score

1.56 /10
Danger

GCG ASIA

Switzerland

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Common Business Registration Revoked

Suspicious Overrun

High potential risk

https://www.guardiancapitalag.asia/

Influence

C

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Comparison

Quantity 89

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

CH FINMA
2019-03-06
Warning List - GCG ASIA
GCG ASIA

Broker Information

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Company Name

Guardian Capital AG

Company Abbreviation

GCG ASIA

Platform registered country and region

Switzerland

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 6
Previous Detection : 2025-04-30
  • 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!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Exposure

89 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

I was cheated by the scammer and lost my money.

FX1013954989
2021-09-30 17:41
Unable to Withdraw

Unable to withdraw. Stay clear of this

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

MINGMINGJIU19912
2021-03-22 19:17
Unable to Withdraw

50k was lost

I was cheated into investing over 50,000 RMB, which could not be withdrawn.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

FX1034001553
2021-02-13 08:32
Scam

Expose the leader fraud of GCG ASIA

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.

FX3429668275
2021-01-27 13:48
GCG ASIA · Company 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
MT4✔PC, web, mobile, macBeginners
WebTrader Pro✔Web/
WebTrader Classic✔Web/
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 ExchangerINR❌1 day
Withdrawal Options Accepted CurrenciesWithdrawal Fees Withdrawal Processing Time
ThunderXpayLAK, MMK, KHR❌Up to 3 days
Indian ExchangerINRDepends on bank1 to 3 days
Deposit
Withdrawal

Promotion

GC Option has promoting activities which offer bonuses to traders.

Promotion

News

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).

WikiFX
2022-01-06 11:59
'Datuk' among 10 individuals arrested over bogus forex investment scheme

NewsCops 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.

WikiFX
2022-01-06 10:36
Cops bust forex scam syndicate, seize RM127mil worth of watches and gold
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User Reviews

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User comment

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Comments

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FX1156270465
more than one year
本來有朋友推薦這個平臺給我，但是幸好在外匯天眼平臺上查了查，有好多負面的評價，該平臺就是個黑平臺。 現在的外匯平臺龍魚混雜，不提前查查很可能會上當受騙的！
本來有朋友推薦這個平臺給我，但是幸好在外匯天眼平臺上查了查，有好多負面的評價，該平臺就是個黑平臺。 現在的外匯平臺龍魚混雜，不提前查查很可能會上當受騙的！
Translate to English
2022-12-13 10:57
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FX1061914763
more than one year
Absolutely a scam platform! They maliciously increased my trading fees, closed my positions. I’ve lost $1,000 on this platform, but they ran away promptly. I cannot even contact its customer support staff, its website cannot be opened now either... What should I do? Anyone who can help me?
Absolutely a scam platform! They maliciously increased my trading fees, closed my positions. I’ve lost $1,000 on this platform, but they ran away promptly. I cannot even contact its customer support staff, its website cannot be opened now either... What should I do? Anyone who can help me?
Translate to English
2022-11-28 09:56
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0
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89