If you’re considering investing with GAEA Investment, beware of this deceptive broker. Despite their assurances of transparency, fund security, and appealing trading terms, their unreliable services and empty pledges significantly raise the risk of your money vanishing without a trace. In this GAEA Investment review know why we added this broker to our scam broker list.
Website – https://gaeainvestment.com/
Address – Building P.O. Box 356, Kingstown St. Vincent and the Grenadines & 12th Floor Business Center, Broadgate Tower, 24 Primrose Street, London, EC2A 2EW
Warning – Financial Services Commission (British Virgin Islands)
Regulation – Unregulated, Blacklisted, Offshore
Domain Age –
| Domain Name | gaeainvestment.com |
|---|---|
| Date Registered | June 30, 2022 |
| Domain Age | 1 year, 3 months, 14 days, 15 hours, 30 minutes, 5 seconds |
Is GAEA Investment legit or a scam?
The name of any particular legal organization is not mentioned anywhere on the GAEA Investment website, not even in the text of their Terms and Conditions or in the pictures of the said licenses.
The business offers a phone number with an area code from Alberta, Canada, an email address, and an address in Kingstown, St. Vincent and the Grenadines under their “Contact” section. It is significant to remember that the address provided is a P.O. Box address rather than a real one. As an offshore jurisdiction, Saint Vincent and the Grenadines (SVG) is exempt from financial regulator supervision and broker licensing requirements.
GAEA Investment is not included in the registered companies in SVG or Seychelles. As a result, it remains unclear who precisely we are engaging with and what jurisdiction is applicable.
GAEA Investment Review: Trading Platform
GAEA provides its trading platform in desktop, web-based, and mobile editions. The GAEA-provided software, which includes TradingView charts, is insufficient and falls short of the features that are advertised. It’s crucial to remember that this platform is completely fake and that there is no real trading, hence there are no gains or losses. Avoiding these platforms is recommended due to their unreliability and high chance of losing invested money.
For GAEA, the absence of a demo account option is also a serious red flag. This tactic is widely used by scammers to trick unsuspecting customers into divulging personal information and making deposits before they have had a chance to evaluate the platform.
GAEA Investment Review: Trading Instruments
On the GAEA Investment trading platform, various financial instruments from major asset classes are visible. However, as mentioned, there is no compelling evidence to suggest that this trading is genuine rather than fictitious. GAEA Investment fails to offer transparent and comprehensive information regarding trading parameters.
Deposit and Withdrawal Methods
Upon registering with GAEA, it became evident that only Standard accounts are available. Unfortunately, our live account remained unverified, preventing us from accessing information on their minimum deposit requirements. Nonetheless, it is crucial to emphasize that GAEA is not a safe broker for investment.
It’s worth noting that GAEA exclusively requests a Bitcoin Address in the Payment Information section of our profile, strongly indicating a sole acceptance of Bitcoin payments – a significant red flag. Additionally, GAEA Investment offers bonuses, a practice prohibited among regulated brokers, and requires a minimum traded volume of 5 times the bonus amount for fund withdrawals.
GAEA Investment Review: Trading Conditions
After analyzing various major currency pairs, we found that GAEA spreads stand at the following levels: 1.2 pips for EUR/USD, 1.2 pips for GBP/USD, and 1.7 pips for USD/JPY. These figures may appear relatively tight, but it’s imperative to bear in mind that they are offered by a broker of questionable reliability.
GAEA offers significant leverage of up to 100:1. Nevertheless, it is essential to exercise caution when considering high-leverage trading, especially when dealing with an unregulated and untrustworthy broker, as it involves a substantial level of risk.
Conclusion
If you’ve fallen victim to a GAEA Investment scam or any other fraudulent scheme, take action by filing a complaint against those responsible. You can initiate the process by filling out our online complaint form, which will allow you to arrange a free consultation with our experts who will guide you through the fund recovery procedures. Your financial security matters to us, and we’re here to assist you.
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