Score

2.12 /10
Danger

GSI Markets

Marshall Islands

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

C

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.32

Risk Management Index0.00

Software Index7.82

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Broker Information

More

Company Name

Media Force Limited

Company Abbreviation

GSI Markets

Platform registered country and region

Marshall Islands

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
GSI Markets · Company summary
GSI MarketsReview Summary
Founded2013-08-18
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsCommodities/CFD/Indices/Currencies
Demo Account
Leverage/
Spread/
Trading PlatformAnyDesk(Windows/Mac)
Min Deposit$250
Customer SupportPhone:+(44) 203 150 1767+(55) 213 50 01808+(56) 323 820161+(57) 601 5085404+(502) 237 84653+(52) 554 170 7553+(507) 833 774
Email: info@gsimarkets.com
Live chat

GSI Markets Information

GSIMarkets specializes in online foreign exchange trading and is a foreign exchange and CFD broker, serving customers in more than 120 countries around the world. The margin range is from 0.20% to 5%. ECN connects major brokerage firms and individual traders and earns revenue by charging a fee for each transaction. GSIMarkets provides clients with various ways to fund their accounts, including credit cards, e-wallets, and wire transfers.

GSI Markets Information

Pros and Cons

Pros Cons
24/7 customer supportUnregulated
Demo account availableMT4/MT5 unavailable
Various tradable instrumentsNegative comments about scams

Is GSI Markets Legit?

GSI Markets is not regulated, making it less safe than regulated brokers.

Is GSI Markets Legit?
Is GSI Markets Legit?

What Can I Trade on GSI Markets?

GSI Markets offers various market instruments, including commodities, CFD, indices, and currencies.

Tradable Instruments Supported
Commodities
CFD
Indices
Currencies
Forex
Stocks
Precious Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type

GSI Markets has three account types: silver ECN, gold ECN, and platinum ECN accounts. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders. Monthly first deposit bonus up to 15% up to $2,000 bonus.

Account Type Supported
Silver ECN
Gold ECN
Platinum ECN
Account Type

Trading Platform

AnyDesk is a software application that has many features including remote control, desktop sharing, and file transfer between computers. It is available for Windows and Mac versions.

Trading PlatformSupported Available Devices Suitable for
AnyDeskWindows/MacAll traders
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $250 or above. GSI Markets accepts Wire/Bank Transfer, Online Bank Transfer, and Credit/Debit Cards for deposit and withdrawal. The general transfer processing times are up to 1 business day and the withdrawal arrival time is within 5 business days.

MethodWire/Bank TransferOnline Bank TransferCredit/Debit Cards
General processing time1 business day1 business day1 business day
Withdrawal arrival time2-3 business day2-3 business day3-5 business day

User Reviews

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User comment

2

Comments

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F72275
more than one year
Customer Service don't answer or they answer they cant Help. General Terms and conditions are terrible for customers.
Customer Service don't answer or they answer they cant Help. General Terms and conditions are terrible for customers.
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2024-03-29 16:47
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Mim Prachumphan
more than one year
To be honest, when I choose a forex broker, I will choose those who provide MT4, but this does not mean that this is my only criterion. On the contrary, I have many factors to consider, the most important of which is safety. And GSI doesn't seem to meet my requirement.
To be honest, when I choose a forex broker, I will choose those who provide MT4, but this does not mean that this is my only criterion. On the contrary, I have many factors to consider, the most important of which is safety. And GSI doesn't seem to meet my requirement.
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2023-02-22 11:39
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5