GWT Capital Review: Forex Scam

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GWT Capital Review: Forex Scam

GWT Capital ( is a crude Crypto Currency broker trying to rip off anyone who signs up. GWTCapital is purporting to offer exemplary trading conditions and experience. Most members are now crying foul over the mishandling of their funds. With most users losing over $1,000 with this broker, something was amiss. Complaints were sent to our help desk team which instigated our investigation. Read this GWT CAPITAL review for more.

GWT Capital Review

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GWT Capital Review

What we found out with this broker is appalling to say the least. With some of the members losing their entire savings, this broker must be exposed. In short, our investigation revealed we are dealing with a professional scam outfit. After landing on their homepage, it was clear why newbie investors are falling for this broker. What GWT Capital has done is create a visually compelling website to entice investors. What are the lengths these scammers will go to?

Thanks to our knack of spotting scams from afar, we can help reveal some damning evidence. GWT Capital is nothing but a well laid trap for investors to fall into. Having said this, no one should sign up with them until they read this entire review. We will expose their dirty tricks which have been copied from other scams. Keeping the Crypto Currency trading name safe is our duty. Exposing scam platforms is the way forward when it comes to protecting all investors.

About GWT Capital

Disclaimer at the footer of the homepage claims this broker is located in the U.K. After carefully sieving through the registrar of companies, no name popped up. Identity was not the only problem we noted with this broker. A few years back, this very broker with the same name was blacklisted by the FCA. What seems to be an already blacklisted scam is now rearing its ugly head. These scam artists will stop at nothing to steal from unsuspecting online investors. Beware!

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What about the identity of the people running this website? Can we get the names of the founding members? What these scam artists have done is block all access to their real identities. And this is a classic scammer’s move as they want to remain anonymous. Signing up means you are handing over your money to an unknown third party. Stay clear of this broker or else face the wrath of being their victim.

GWT Capital License and Registration

No matter how you look at it, GWT Capital is a scam without any humanity. If they are based in the U.K. they would have been licensed by the FCA. As we earlier pointed out, the FCA had banned this very broker sometime back. It means we are dealing with an anonymous broker who is out to cause malice. Signing up with them means you won’t be protected by the governing bodies.

Notice how well they have managed to hide any details concerning licensing? Homepage does not even have a legal agreement’s page which is sinister. Why have they failed to post details of their licensing credentials? It must be for the same reason they are hiding behind their website. Lack of these vital documents is proof we are dealing with a rogue Forex broker. Ensure you stay away from this broker or else face the consequences. A real broker will always reveal their licensing credentials.

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No Demo Account

GWT Capital Broker Review

Without a demo account, how do they expect newbie traders to trade? Do they really want newbies to start trading huge volumes without knowing the ropes? And this is another red flag we have to raise with this broker. Make sure to always sign up with a broker who offers a demo account. A demo account helps users to have a fill of what to expect with a certain platform. Lack of a demo account leads us to believe this broker wants users to make losses with their platform.

No Live Chat

For a broker who professes to have advanced tools, they sure lack proper communication channels. With this day and age, one would expect a broker to have live chat support. GWT Capital is making sure they block all access. Sending them emails is the only way to communicate which is at a disadvantage. Such brokers will only reply to emails when it suits them best.

Fake Testimonials

Another perturbing issue is how GWT Capital is using fake testimonials. With fake testimonials, users are led to believe other members are making profits with this platform. These are the lengths scammers will go to in order to convince investors to sign up. Mark P, Caroline Y, Ronald J, are just fake names of people.

Are Funds Safe with GWT Capital?

How can funds be safe from a broker who has been blacklisted by the FCA? Security of funds is not guaranteed by a broker who is anonymous. GWT Capital is hiding behind this website to steal from investors, period! Make a point of ensuring you stay away from this broker. Where do they bank funds deposited by members? Is it possible investors are funding the owner’s personal bank account? Stay clear of this broker as they are a crooked online scam platform.

Segregation of Accounts

Another sickening fact with this broker is segregation of accounts. GWT Capital is not insuring funds deposited by members. What it means is no member should expect any compensation from damages incurred. Dealing with such brokers in most cases leads to loses on the side of investors. A good option is to stay away from such blunt Forex brokers.

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Is GWT Capital a Scam?

After sieving through all information retrieved, we have concrete proof GWT Capital is a scam. From lack of proper registration to having an unsecured website, stay away from this broker. Adding them to our scam blacklist will help protect our readers. Mark all their emails as Spam and never click on any of their links.


Is GWT Capital a scam or legit broker?

By exposing this broker, we hope relevant authorities will take action and shut down their website.

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Wishing you a lucrative and safe trading experience.

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