Gapstock Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-23 14:54

Abstract：Gapstock is an offshore broker registered in Australia. It offers account with a minimum deposit of $250. However, since its website is currently inaccessible, details about market instruments and trading fees are currently inaccessible. And most importantly, the broker lacks legal regulation from any official regulatory institution.

　　Note: Gapstock's official website: https://gapstock.com/ is currently inaccessible normally.

Gapstock Review Summary
Founded	2023
Registered Country/Region	Australia
Regulation	Not regulated
Market Instruments	/
Demo Account	❌
Leverage	1:200
Spreads	From 3 pipis
Trading Platform	Web-based platform
Min Deposit	$250
Customer Support	Email: support@gapstock.com
Customer Support	Phone: +44 2080976219

　　Gapstock is an offshore broker registered in Australia. It offers account with a minimum deposit of $250. However, since its website is currently inaccessible, details about market instruments and trading fees are currently inaccessible. And most importantly, the broker lacks legal regulation from any official regulatory institution.

Pros and Cons

Pros	Cons
None	No Legal regulation
	Limited info on trading fees
	Unavailable website
	Lack of transparency
	No demo accounts
	High minimum deposit

Is Gapstock Legit?

　　Gapstock holds no legal license. It also fails to specify its physical location. Such a broker, unable to provide an address, will not obtain a license in most regulatory institutions. In addition, the domain of this broker was registered on August 29, 2023, and expired on August 29, 2024.

Trading Platform

　　GapStock provides a web-based trading software with almost no charting and analysis capabilities, and offers fewer additional tools. Therefore, we suggest that you choose brokers that offer the most advanced trading platforms such as MT4/5. This not only ensures the safety of funds, but also provides a smooth trading experience.

Deposit and withdrawl

　　Gapstock claims to accept deposits via Visa or MasterCard cards or wire transfers. But the withdrawal fee is quite high, requiring a minimum payment of $35. Additionally, it imposes a 10% fee on all accounts that have not achieved a turnover rate of 200 times, which actually applies to all accounts. Finally, it also imposes a huge fee of 10% on inactive accounts.