“Transparency is our key” claims the broker Geetle, the subject of this review. According to the official website, the legal address is in Taiwan, a rather uncommon country for registering a brokerage company. Can such a platform be trusted? We don’t think so, because the firm behaves suspiciously and secretively. There is no information regarding the duration of operation, licenses, business model, and other aspects of the firm’s activity.
How to Trade
Geetle promises zero-based and no hidden commissions, as well as fast order execution. How this actually is, we can only guess. Meanwhile, to start trading, customers have to register an account, undergo mandatory identity verification, and choose one of the offered tariffs.
Geetle offers 6 different types of accounts, with the minimum deposit starting at $2,500. The higher the tariff, the more additional service is available:
- Swap-free option.
- Analytics materials.
- Daily analysis.
- Special market coverage.
- Trading strategies allowed.
- Special event invitations.
- Private instant support.
- VIP personal manager.
The leverage here is up to 1:400, so it is very likely that Geetle is unregulated. In addition, clients have access to over 2,000 assets: forex, metals, indices, commodities, cryptocurrencies, and stocks.
Geetle Vital Info
Essentially, we know nothing about the company. The broker does not wish to disclose important information about its activity. The founding date is also ignored. However, one can roughly understand how long Geetle has existed. For example, the domain of the official site appeared in May 2020, and it was last updated in December 2022. Snapshots from WebArchive do not provide any useful information, as there was nothing on the site in 2020, and by 2022 the current design is observed. Alas, there are no snapshots for 2021.
Geetle does not mention regulation. Although any broker that has received a license would talk about it, show the regulator’s abbreviation, and provide links to registries. This is not on the website, so it is unlikely that the company has any regulations.
I want to try geetle.com, but I'm worried that I'll be scammed. Has anyone traded here? Can you provide evidence of safety? If I knew for sure that the broker 100% withdraws money, I would open an account and deposit right now.
An interesting scam broker. Geetle shows an address in Taiwan, though their social networks are conducted in French. At the same time, fake positive reviews are also in French. So, where is the company from? It seems to me that it's designed to scam French traders, as well as incidentally clients from other countries. But that's not particularly important. The main thing to understand about this is a black broker without a license.
Next week I plan to top up my deposit. To start, I want to take the first tariff, and then think about the next ones. I see many positive comments about GEETLE on the internet, which is a good sign. Moreover, the firm is legally based in Taiwan, which I consider an additional guarantee of reliability and safety. Overall, I liked this platform at first glance. It's very convenient, has many functions, normal conditions, and even offers additional services.
A few weeks ago, I wrote to technical support. I would like to know about the licenses and business model. Geetle looks interesting but unsafe.
The joke is that they still haven't answered me. So, I no longer expect an answer from them, and I won't even bother registering an account.
Lol, they don't have a single subscriber on Instagram. The same thing on Twitter. Some kind of scam, not a broker. I wouldn't go where there are no clients.
I always wonder how people trust such dirty dumpsters like geetle.com with their money. C'mon, guys. Where's the license? A broker without licenses is an illegal organization that is not regulated in any way. And if it's not regulated, it can do whatever it wants with your funds. Next – is this a well-known intermediary? NOT AT ALL. CARL, THIS IS AN UNKNOWN FIRM! How can you invest money in something where there are no clients? I could name you several brokers with hundreds of millions of clients worldwide, but moderators might delete my review for advertising. But you can easily find such companies. Google gives them to you on the first request.
Why I do not recommend trading with Geetle. First, the company has not obtained a license. You must understand that any broker is required to obtain permission to operate from regulators. There is no license here, so the firm can confidently be considered illegal. Second, when exactly was the company founded? We do not know that either. The domain was created in 2020, social networks in 2022, and the domain was last updated also in 2022. So, I conclude, the company has been operating since 2022. This is not a serious period during which it is impossible to create a reputation as a reliable and verified broker.
I could go on at length about why Geetle is a scam. To summarize briefly, it's the conflict of interest, terrible trading conditions, and lack of legal documents. Simply do not register here. Instead, find a safe company.
More than a year ago, I dealt with this firm, but only for two weeks. Here, the minimum deposit is unjustifiably high, and I don't know why they still haven't lowered it, at least to $100. The spreads are high, and the trading terminal works poorly. I am a profitable trader, but I could not achieve success in Geetle. Therefore, it's better to find a more comfortable and profitable platform for trading.
I learned about the company Geetle last year but never dared to start working with them. The broker looks extremely dubious and dangerous. Maybe I'm wrong, but I don't think so. The trading conditions don't look favorable, and the level of reliability is super low.
So, my advice is very simple – don't trade where it's very risky and unprofitable. After all, you can trade where it's safe and there are many advantages.
Scoundrels, they scammed me out of my money. Just think about it, how could this be? Geetle seemed like a very profitable and safe option to start trading on Forex/CFD, but it turned out not to be. Instead of providing me with good conditions to earn, they stole my funds. Literally. Withdrawals don't work. Is this normal for you? I think not. Scammers! I am addressing you. Maybe it's enough? Return the money, nicely. Not only to me but also to other traders you've deceived.
And to all traders who might plan to open a brokerage account here, I recommend not making such a foolish mistake. You will lose all your funds, just like I did. It has long been proven that the company is fraudulent and illegal, engaging in deceiving people. I am a living example and can even provide evidence if necessary.
My story is as follows. Being a newcomer to the world of trading, I stumbled upon the geetle.com site, which offers to start trading currency pairs, stocks, and other asset classes. This was in 2022. At that time, I did not know that this was a fraudulent organization whose task was to lure such naive fools as myself, and then appropriate other people's money. I initially invested $2,500 here. I started doing well quickly, earning +$500, but for some reason, I did not think to check how the withdrawal worked. Filled with a thirst for profit and greed, I invested another $5,000 here. In the end, $7,500 ended up with the scammers, not counting the profit. And the moment I brought the balance up to $10,000, I decided to withdraw half. But it doesn't work. The withdrawal request is not processed. The scammers ignore me. It's been over a year, so I've come to terms with the scam. But I'd like to warn other traders about the danger. It's super frustrating to lose a deposit.
THESE BRAZEN SCAMMERS DON'T RETURN MONEY!!! People, don't think about depositing here!!! CRIMINALS IGNORE THEIR CLIENTS!!! THEY DON'T RESPOND AND DON'T PROCESS REQUESTS!!!
I can definitely say - all positive reviews about Geetle you can find and read are fake. What do I mean? Simply, scammers understand that it's easier to advertise their fake platform with fake liquidity and fake activity through fake reviews. And other forms of advertising for an illegal company are closed. The only option left is to write fabricated comments about what a super-platform it is, how much money traders have earned, and so on. This is done so that beginners read all this nonsense and then bring their money to the scammers. Don't be such fools. Don't take the word of scammers and their fake reviews. Do your own fact-checking and see for yourself that it's a waste of time and money.
A highly controversial company, as I see it. On the internet, one can see many positive reviews, but the lack of a license does not inspire confidence. Moreover, Geetle requires a very large minimum amount to start – $2,500. At the same time, other firms allow starting even with $10. And not many wish to risk $2,500 with an unlicensed broker. Though some may not care about such a risk and are ready to risk $2,500. Personally, I am definitely not ready.
I do not know if this firm is fraudulent or not, so I will not give any definitive assessments. I give the company a neutral rating. It looks good, but some points make you think about the wisdom of cooperating with the broker.
A disgusting fraudulent company! A pathetic parody of a normal broker that has nothing to do with real trading and financial markets. If you don't want to lose money, then stay away from Geetle.