GiroFX Review – SCAM BROKER!


The GiroFX broker is allegedly one of the best places in the world to trade Forex and CFD. Yes, Forex and CFD trading can indeed be highly profitable, especially if you do it right. However, that said, you do need to have a good broker as well, a legit broker that’s not going to scam you out of your money. claims to be one of these legit brokers.

According to the site, this broker offers tons of different trading services, trading education, webinars, and so much more. Yes, the website itself does look legit. It’s clear that there was some serious effort put into making look like the real deal. However, as is often the case with brokers and Forex trading, appearances can be very deceiving.

We have gotten more than a few complaints about the GiroFX broker, so we decided to look closer into it. Indeed, there are a variety of scam factors and big time red flags which popped up during our research. There is a reason we are here today doing this GiroFX scam review, and it’s definitely not because we trust it!

GiroFX scam broker


GiroFX Scam Broker – The Red Flags

Alright, so let’s talk about all of the different indications which tell us that the GiroFX broker is not the real deal, just a scam.


The first scam factor worth mentioning is how the GiroFX broker is completely anonymous and visibly leaderless. There is not a single mention of who might be running this operation. Even through all of our research, we were unable to find out who is actually behind this broker. This is a very bad sign, always an indication that there is a scam afoot.

The one and only reason why the people behind would choose to remain hidden from sight is because they are doing something illegal. In other words, these crooks just don’t want to end up in jail for stealing your money, so they’re doing their best to stay hidden from sight.


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False Company Info

Something else that stood out here is how the company information listed on the website is clearly bogus. First off, there are 5 different phone numbers listed, each for offices in varying countries. We tried calling each and every one of these phone numbers, but nobody every picked up. This is not good sign.

Moreover, the GiroFX broker claims to be based and registered in the European country of Estonia. Will, this is also not true. Yes, the website even goes so far as to list a specific address in Estonia. While the address does technically exist on a map, it does not belong to This is nothing more than a random address.


No Registration or Licensing

Yet another red flag which popped up has to do with company registration and licensing. We already mentioned how the Estonian address is bogus. However, it goes even further than this. In no way, shape, or form is this company actually registered in Estonia.

We checked with the official business registry of Estonia, and of course, no such GiroFX broker is registered there. It’s nothing more than a lie. Speaking of lies, this broker is also not licensed. Any and all financial brokers require licensing to provide people with investment services.

Well, there is not a single regulatory body or licensing agency from around the world which has ever granted these criminals a license. In fact, that are several regulatory bodies and watch dogs, such as FINACOM, which have outright blacklisted the GiroFX broker. This confirms that it is indeed a scam.

Fake Domain Info

What also came to our attention about is that there is an outright lie on the site. These guys claim that they have been active and providing brokerage services to FX and CFD traders for the last 7 years.

Well, the issue here is that the website,, was only registered in January of 2020, only this year. Therefore, these crooks have only been active for a few months, not 7 years as they claim. These kinds of lies are clear indications that something illegal is in the works here.

Bogus Accounts

The GiroFX broker accounts are all totally bogus too. There are 3 accounts to choose from, with the top tier requiring a minimum investment of $150,000. Sure, the list there claims that there are plenty of extras and features, but this is not so.

We know for a fact that all accounts are completely the same with no noticeable difference between any of them. It’s all just a lie. These guys hope that people will want to have access to extra features and be willing to pay for them. It’s a good trick, one that unfortunately works on many unsuspecting scam victims.



No Withdrawals

The most important thing to note about the GiroFX broker is that it just does not allow people to withdraw money. Some people do have money in their accounts, but the GiroFX broker blocks and shuts down accounts when people go to make withdrawals.

At the same time, people have also reported that their money has simply disappeared without a trace. Folks, this is because there is only one single account here. All investors deposit their money into the same account, and whoever is running the show simply drains the account on a regular basis.

GiroFX Scam Review – The Verdict

When all has been said and done, it is glaringly obvious that is a complete scam. It’s a rip off, nothing more than an exercise in thievery.

We have no idea who is behind this scam broker, but we do know that the company is no legit, it’s not registered anywhere, and it’s definitely not licensed to perform financial investment services either.

The fact of the matter is that the only purpose which the GiroFX broker serves is to line the pockets of the anonymous criminals stealing your money. This is a scam and you need to stay away from it.


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