Giga Pips

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This Platform Has Been Identified as Fraudulent

Giga Pips is a confirmed scam. Do not send money or share personal information. If you have been affected, contact your bank immediately and file a report with authorities.

How This Scam Works

Giga Pips operates gigapips.com as a fraudulent AI-powered automated trading platform, falsely claiming to offer a powerful AI-based trading bot for gold (XAU/USD) that generates attractive profits without requiring forex trading knowledge. The UK Financial Conduct Authority (FCA) added Gigapips to its warning list on June 26, 2026, confirming the firm is not authorised or registered to provide financial services in the UK. The warning was also published through the international IOSCO warning system, giving it global regulatory significance. The platform deliberately targets inexperienced investors with promises of passive income through automation — a common tactic used to lower victims' guard before funds are deposited and lost.

Warning Signs to Watch For

1.Direct FCA warning issued June 26, 2026 — Gigapips is not authorised or registered to provide financial services in the UK
2.Warning also published through the international IOSCO warning system
3.Promises automated AI trading profits with no forex knowledge required — targets inexperienced investors
4.Fake AI trading bot framing used to appear technologically credible
5.No verifiable regulatory authorisation from any recognised financial authority
6.No investor protection — victims have no access to financial ombudsman or compensation schemes
7.No transparent company information, ownership, or verifiable physical address

Evidence & Investigation

Direct FCA warning against Gigapips / gigapips.com issued June 26, 2026 for operating without authorisation; warning simultaneously published through IOSCO international warning system; German investor rights coverage by anwalt24.de confirming regulatory action

What to Do If You've Been Affected

1Contact your bank immediately to freeze accounts and stop transactions
2File a police report and obtain a case number
3Report to financial regulatory authorities in your country
4Change all passwords and secure your online accounts
5Monitor your credit report for suspicious activity
6Document all communications and transactions with the platform
7Be wary of "recovery services" that demand upfront fees — these are often additional scams
Giga Pips
ActiveFraudulent

Giga Pips

Fake AI-Powered Forex Trading Bot

gigapips.com
Est. LossesUndisclosed
VictimsMultiple reported
Date Exposed6/26/2026
Reported ByFinancial Conduct Authority (FCA) & IOSCO
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