Garantio Finance Review – Who Is Garantio.Finance Broker?
Garantio Finance Review – Who Is Garantio.Finance Broker?

Garantio Finance is a relatively new crypto broker on the market. The company claims to offer the ultimate crypto bot, ensuring you will profit from the digital currency market. However, even crypto trading firms have to be regulated. There’s a mismatch in the information regarding Garantio Finance’s regulatory status, which we will present in this review.

Also, we recommend you not to invest in the fraudulent brokers Green CapitalzGeneticrypto and Bontobel.

Broker status: Unregulated Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites:
Blacklisted as a Scam by: N/A
Owned by: N/A
Headquarters Country: Australia (allegedly)
Foundation year: 2022
Supported Platforms: WebTrader
Minimum Deposit: 250 EUR
Cryptocurrencies: Available – BTC, ETH, XRP
Types of Assets: Cryptocurrencies
Maximum Leverage: N/A
Free Demo Account: No
Accepts US clients: No

Is Garantio Finance a Licensed Broker?

Under the Terms and Conditions, Garantio Finance claims to be a brand of Invest PTY LTD, a brokerage registered and regulated in Australia. However, our research didn’t find any connections between legitimate brokerage and 

Furthermore, none of the praise reviews mentions Garantio Finance’s regulation. It’s pretty suspicious since every legitimate firm points it out as the first benefit of trading with them.

In the end, we searched through the ASIC register and didn’t find any mention of the Garantio Finance broker. 

How Unsafe Is An Unlicensed Broker?

Unlicensed brokers provide no money-back guarantee, no negative balance protection, and are not transparent when it comes to trading conditions. Garantio Finance claims to be Australian-based, but the only way to contact the firm is by using a phone number with the country code of Bermuda. Our best guess is that the trading company is another offshore crypto cyber-fraud you want to avoid.

So Is Garantio Finance a Decent Broker or a Scam?

Garantio Finance claims to be regulated by the Australian regulator ASIC. However, our investigation showed differently. Garantio Finance broker cannot be trusted.

Traders’ Experience With Garantio Finance

You will find a lot of praise if you check Garantio Finance reviews in Trustpilot and similar websites. Note that illicit brokers usually write their own reviews at the beginning to attract more customers. 

Since the firm doesn’t have a single bad review, it clearly indicates that these reviews are dishonest. Even the most regulated brokers have unsatisfied customers. It comes with the business.

What Platforms Does Garantio Finance Offer? – Available Trade Software

Garantio Finance Trading Platform Interface

The broker offers a proprietary WebTrader, allegedly fully synchronized with MT4. While this may be true, it only means that you can access the web-based MT4 for social trading and copy trades from other investors on the market. This doesn’t mean you will be given all the perks you would typically get if the firm offered real MT4.

Therefore, even the trading platform is not a good excuse for you to start trading with this fraudulent firm. One WebTrader will never provide you with enough charts, indicators, and other advanced features available on MetaTrader4 and MetaTrader5.

All About Garantio Finance Accounts

Garantio Finance Accounts Types

Customers have access to 5 Garantio Finance account types. They are:

  • Student Group – 250 EUR
  • Intermediate Group – 2,000 EUR
  • Advanced Group – 5,000 EUR
  • Crypto Group – 1 BTC
  • VIP – Contact Account Manager

Besides the increasing deposit requirements, accounts differ in education sessions, account manager assistance, access to automated trading, and available market areas.

Also remember the names of the 5Markets, AreaTrading and Soltechx trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Live Trading

Garantio Finance claims to offer classic Live trading, automated trading, copy trading, and crypto exchange. Since it offers only a web-based platform, it’s hard to imagine the quality of EAs or social trading. Since there’s no Demo account and we were unwilling to invest a penny with this shady scheme, we cannot say more besides what the website gives us.

Garantio Finance Range of Trading Instruments & Markets

Since the firm allegedly offers the best crypto bot, this is the only available trading asset – cryptocurrencies. Customers can invest in the most popular digital coins, including:

  • BTC
  • ETH
  • XRP
  • LTC, and more

Note that a solid range of coins doesn’t necessarily mean that the broker is good.

What Trading Terms Does Garantio Finance Provide?

The broker doesn’t say much about trading terms. We know nothing about spread and leverage, meaning proper risk management is impossible. Furthermore, the Terms and Conditions don’t provide sufficient information regarding trading costs and withdrawals.

Thus, all this is proof that the firm is not actually licensed in Australia. Legitimate brokers follow strict rules and are very transparent regarding trading terms.

Deposit, Withdrawal Methods, And Fees

According to the T&C, this trading brokerage accepts the following payment methods:

  • PayPal
  • Debit/credit cards
  • Wire transfer
  • Cryptocurrencies

However, upon registering an account, you’ll be allowed to invest only through Bitcoin. This is the preferred investment method for scheme brokers since crypto transactions are virtually impossible to trace and chargeback is not applicable. 

The firm charges an inactivity fee of up to 100% in case the account is automated and the customer is not trading alone, they do not answer to the broker for longer than 3 months, and the company thinks that account maintenance costs exceed the value of the account. All in all, they can take everything you have just because you don’t pick up your phone.

Customer Support – Communication Channels

Broker customer support uses different communication channels to reach their customers. Usually, they’re approaching potential and existing clients through phone calls and emails. So, if you do not answer, you may receive various offers through WhatsApp or social media accounts.

The best thing you can do for yourself and your funds is to avoid the Garantio Finance scheme.

Scammed by Garantio Finance Broker? – Let Us Hear Your Story

If you have been involved with Garantio Finance, there’s a high chance you lost your money due to a scam. In such a case, contact us for assistance with the refund procedure. 

Our experts have vast experience dealing with crypto scams, tracing transactions, and finding perpetrators. Contact us immediately, and let’s start working on your case before the broker vanishes with your hard-earned money.

What Is Garantio Finance?

The broker is an unregulated crypto trading platform pretending to be legitimate.

Is Garantio Finance a Scam Broker?

Garantio Finance is a trading scheme that provides customers with false details about the company owner and regulations.

Is Garantio Finance Available in the United States or the UK?

The broker operates in the UK but not in the US.

Does Garantio Finance Offer a Demo Account?

No, Garantio Finance doesn’t offer a Demo account, only Live trading.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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