Abstract：Did you face massive slippage on the GLOBAL GOLD & CURRENCY CORPORATION trading platform and the subsequent reduction in profits? Did the broker apply a stop-loss when you were in profit? Does the high spread only add to your trading losses? Has the broker blocked your trading account and run away with your funds? You are not alone! Many traders have highlighted their painful trading experiences with the Saint Lucia-based forex broker. In this GLOBAL GOLD & CURRENCY CORPORATION review article, we have explained some of them. Read on!
Did you face massive slippage on the GLOBAL GOLD & CURRENCY CORPORATION trading platform and the subsequent reduction in profits? Did the broker apply a stop-loss when you were in profit? Does the high spread only add to your trading losses? Has the broker blocked your trading account and run away with your funds? You are not alone! Many traders have highlighted their painful trading experiences with the Saint Lucia-based forex broker. In this GLOBAL GOLD & CURRENCY CORPORATION review article, we have explained some of them. Read on!
Top Forex Trading Complaints Against GLOBAL GOLD & CURRENCY CORPORATION
Investigating a Series of Slippage Complaints Against GLOBAL GOLD & CURRENCY CORPORATION
The GGCC, abbreviated for GLOBAL GOLD & CURRENCY CORPORATION, is accused of causing heavy losses to traders through slippage on the trading platform. According to traders, orders are executed way below the target price. Some traders also complain about the triggering of stop-loss orders even when profits were visible on the GLOBAL GOLD & CURRENCY CORPORATION login. Due to slippage quickly eroding their gains, multiple traders have shared their bad trading experiences online. Take a look at them.
The High Spread Allegation Highlighted in GGCCFX Reviews
While slippage is an issue affecting traders regularly at GGCC, the high spread charged by the broker does not help them either. Trading costs are alleged to be blown out of proportion, leaving traders with significant losses or a massive reduction in profits. The screenshot below captures the essence of a trader who has almost given up on GLOBAL GOLD & CURRENCY CORPORATION. Take a look!
Premature Stop Out Despite Margin Level Well Past Threshold
A trader stated to have opened a 16-lot short position on EUR/USD into two 5-lot trades and a single 6-lot trade. Along with that, the position size was made to ensure the triggering of the stop-out order only when the price reached 1.0904. However, as per the attached screenshots below, GLOBAL GOLD & CURRENCY CORPORATION seems to have closed the position early at 1.08922. The trader claimed to have the margin at 75% at this level, which was way above the 20% stop-out threshold. Viewed this as a suspicious trading activity, the trader shared a sharp GLOBAL GOLD & CURRENCY CORPORATION review online. Check below to know more.
The Expected Profit Withdrawal Issue at GLOBAL GOLD & CURRENCY CORPORATION
Yes, a broker with severe allegations of slippage and spread, discussed above, will likely make it more difficult for traders by blocking their fund withdrawal access. Multiple traders have raised this complaint online. Let us share some GLOBAL GOLD & CURRENCY CORPORATION reviews on poor withdrawals.
GLOBAL GOLD & CURRENCY CORPORATION Review by WikiFX: Check the Broker‘s Regulatory Status
Traders were visibly frustrated after witnessing several instances of trading chaos at GLOBAL GOLD & CURRENCY CORPORATION. After carefully examining the complaints, the WikiFX team investigated the broker’s regulatory status to find out that it was an unregulated entity despite operating for more than two years. With no license, the broker could only merit a score of 1.91 out of 10 from WikiFX.
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