GForex (gforex.co.uk) Review: FCA Unauthorised Forex and CFD Site

GForex is a platform that says it offers forex, crypto, commodity, share and index trading under the domain gforex.co.uk. On 6 November 2026 the FCA stated that the firm is unauthorised. The name should not be confused with the known GKFX brand; no connection between them has been found.

🧩 Address and Company Inconsistencies on the Site

• Telephone: +44 7476 644588
• Company claim: The site states "a company registered in England, Company Registration No: 14779926"; no licence or regulator is named. The link of this number to the site has not been verified.
• Address: The contact page shows a template address such as "13/A, New Pro State, NYC" and a sample e-mail, while the FCA record places the firm in Northumberland, England.
• Domain: gforex.co.uk was registered in December 2025.

🚩 How Does the Managed Account Offer Work?

The Standard, Pro and Elite tiers encourage depositing more money to move up to a higher account. With copy trading and MAM/PAMM options, trades are opened by an "expert" rather than the user. In schemes of this kind, positions opened with high leverage can wipe out the balance; when a withdrawal is requested, new payments under the name of commission or tax come up.

🔗 Other Platforms Using the Same Method

Similar platforms that collect money through copy trading and PAMM accounts:

🧭 The Legal Process

Under SPK Decision No. 8/297, foreign firms acting as intermediaries in leveraged transactions for persons resident in Türkiye need permission; authorised institutions can be seen in the SPK list of brokerage firms. In such cases the invalidity of the account opening agreementTR and the routes for a refund from a foreign forex firm come to the fore.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions