Reported as a scam / unregulated
Why GKMTECH is on the register
GKMTECH claims it serves individual and corporate investors worldwide since 2004. But when we checked its domain, we found it was newly created on 20 Apr 2022. So how could it start its business in 2004? It is a red flag here. Besides, GKMTECH claims to be a regulated broker while presenting no details about its regulations and only shows its company address is in BUDVA, Montenegro. However, we did not find any match results to GKMTECH in the Capital Market Authority of Montenegro (SCMN). That means GKMTECH is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.