Avoiding Forex Scams: My Experience with gtcfx (gtcup.com)

I’m still in disbelief that I fell for a Forex scam like GTCFX. Despite thinking I did thorough research, I got deceived. Sharing my story to prevent others from making the same mistake.

Initially, I was lured by GTCFX’s promise of earning extra income through Forex trading. They boasted an impressive 80% winning rate, presenting themselves as a reliable platform.

Excited, I opened two accounts with GTCFX, depositing a total of $3450. Initially, trading seemed promising, and my accounts grew. However, soon, red flags emerged.

I noticed GTCFX had higher spreads than other platforms. Despite reassurances from customer support, doubts crept in as my profits stagnated.

Following GTCFX’s trading signals, my profits dwindled. Customer support attributed this to my trading errors, which I found hard to believe.

Despite doubts, I continued depositing funds at GTCFX’s encouragement. However, when I attempted to withdraw, I faced obstacles.

My $3,000+ balance became inaccessible, and customer support remained unresponsive. GTCFX demanded taxes on trading profits, escalating suspicions.

Realizing I’d been scammed, I felt helpless. GTCFX blocked my accounts, leaving me empty-handed.

Submitting reports, I found numerous complaints against GTCFX. DetectingScams provided invaluable assistance in recovering my lost funds.

Reflecting, I regret not conducting thorough research beforehand. Many fell victim to GTCFX’s unlicensed and unregulated operations.

By sharing my experience, I aim to caution others against Forex trading scams like GTCFX. Conduct research, consult online scammer lists, and ensure you’re dealing with a reputable platform before investing.