Forex broker GPFX ceases operations without explanation

Forex broker GPFX ceases operations without explanation


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Forex broker Gold Pegasus, trading as GPFX, ceased operations on 15 February, 2016, according to a notice by the broker.

It cited “various circumstances” as the reason for its decision. However, the broker did not specify about what motivated it to discontinue its operations completely. The content of the website has been replaced with a single notice about the business termination. Here is the full text of the notice: GPFX Gold PegasusEarlier this month, the Financial Services Agency (FSA), which is Japan’s financial watchdog, issued a warning against Gold Peagasus since the company had been offering financial services in the country without the required registration. According to the FSA, the broker was based in the British Virgin Islands.

Source: GPFX

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