Score
5-10 yearsSuspicious Regulatory License
White label MT4
Regional Brokers
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 10
Exposure
Score
Regulatory Index0.00
Business Index7.43
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
More
Company Name
GSG International Limited
Company Abbreviation
GSG
Platform registered country and region
New Zealand
Company website
Company summary
Pyramid scheme complaint
Expose
Fraud.Absconded.
I have applied for the withdrawal of funds since December 18,. I have not given any review. I contacted the customer service and said that I have been giving feedback to the gold-sector department. I have not made any gold success until now. The responsible persons Yao Yuan and Zhang Hailin have been unable to contact, and the other business schools are not available. The branch colleges have been cancelled, and the official website has no notice of notice.
On July 4th, I sent the post ”Unable to withdraw in GSG ”.Since the platform checked the trading orders,delaying the withdrawal.So I posted the exposure.I have received it in July.The previous post can not be deleted.So I post this to clarify.
I submitted the application for withdrawing money in May, but now the money has not been deducted until now. The customer service personnel do not answer me. It is completely scam platform.
Unable to withdraw in scam platform.
The platform can't normal out of gold, on December 31, 2018 to submit an application for the gold today or to submit, with the background support, call customer service can be normal in gold, said I given the GSG made information technology platform, managed way inter-cooled creation (Beijing) trade co., LTD., given the so-called GSG financial group, the enterprise can query to the industrial and commercial system, the company behind the scenes to foreign college, now managed due has been no one to answer, in Beijing institute of foreign companies have been closed, the query into the order number into the gold is not account abroad.With the actual control of GSG zhang hailin call, said the third party funds freeze, delay, is not to give money, now call direct transfer.If this financial problem cannot be solved, I will always complain and check your platform through various channels and channels. The complaint is only the first step in the beginning.
After the market closed on July 13th, I found my money lost a lot in my account. I’ve got 5 accounts. I checked the history and found they charged me $260 overnight fee for crude oil. They said it was because of market change. Sometimes they even charge hundreds of dollars for gold overnight fee. This is robbery! Somebody should look into this. They are scammers.
I started to withdraw cash last month. After one month, 8,000 dollars did not give gold. I found the company and found that many people are blocking the company. People ask for millions of dollars. The company simply does not withdraw
The fraudster’s phone is always in downtime.The uptime is short.
Case declare: I with orders outside training (inter-cooled creation trade co., LTD) contact XIAO HAO, came to the trade company inter-cooled creation on October 11, 2018 , and the chairman of the board of directors of the company hai-lin zhang (379009197505120018), and sign the attached break-even financial agreement, and accompanied by the division staff in DaWang Road traffic bank to open an account, and complete the $30000 of the remittance in accordance with the contractual requirements, then finished and signed contract become effective.Then in the first month, the profit was not more than 2%, so there was no profit. But in the second month, the little hao who contacted me suddenly informed the company that he was dismissed. Then I learned that the company had moved out of the original address, and the customer service phone could not be connected, and my account had no operation for more than three months.And the company's main management personnel can not contact communication.This is pure fraud behaviour!
Note: Regrettably, the official website of GSG, namely http://en.gsgforex.uk/, is currently experiencing functionality issues.
| GSG Review Summary | |
| Founded | 5-10 years |
| Registered Country/Region | FSPR (Suspicious clone) |
| Regulation | New Zealand |
| Market Instruments | N/A |
| Demo Account | N/A |
| Leverage | N/A |
| EUR/ USD Spread | N/A |
| Trading Platforms | MT4 |
| Customer Support | Phone and email |
GSG is a financial service provider that provides traders with a trading platform MT4. The FSPR is suspected to be a clone, and its official website is currently inaccessible. Traders can contact GSG via phone and email.
We invite you to read our upcoming article where we will conduct a comprehensive assessment of the broker, examining it from different perspectives and presenting well-structured and concise information. At the end of the article, we will provide a brief summary to give you a complete understanding of the broker's main features.
| Pros | Cons |
|
|
|
|
|
|
|
|
|
- MT4 supported: GSG offers a trading platform based on MetaTrader 4 (MT4), which is a popular and widely used platform among traders.
- FSPR (Suspicious clone): There are suspicions that GSG's claim of being regulated by the Financial Service Providers Register (FSPR) is not genuine and might be a clone. This raises concerns about the broker's legitimacy.
- Inaccessible website: Reports suggest that GSG's official website is currently inaccessible, which can be seen as a red flag and indicate potential issues or lack of transparency.
- No social media presence: The absence of a social media presence makes it difficult for traders to find updated information about GSG and communicate with the broker through popular social platforms.
- Reports of unable to withdraw: There are complaints or reports indicating difficulties or obstacles faced by traders when trying to withdraw funds from GSG. This raises concerns about the reliability and trustworthiness of the broker.
- Unsafe trading conditions: GSG has unfavorable terms and conditions for traders, potentially exposing them to higher risks or disadvantageous trading practices.
There are doubts regarding the authenticity of the broker's claim of being regulated by the Financial Service Providers Register (license number: 408746), and their website being inaccessible adds to the uncertainty surrounding their trading platform. This increases the level of risk associated with investing in GSG. Before making any investment decisions with GSG, it is important to conduct extensive research and evaluate the potential risks and rewards carefully. Generally, it is recommended to choose brokers that are adequately regulated to ensure the safety of your investments.
The trading platform offered by GSG is based on MetaTrader 4 (MT4), which is one of the most popular and widely used trading platforms in the industry. MT4 provides a robust and user-friendly interface that allows traders to access a wide range of financial instruments, such as forex, commodities, indices, and cryptocurrencies.
With GSG's MT4 platform, clients can benefit from a host of advanced features and tools that enhance their trading experience. The platform offers real-time market quotes and customizable charts, allowing traders to analyze price movements and make informed trading decisions. It also provides a variety of technical indicators and graphical objects, enabling traders to apply various analysis techniques.
Please review the available information on our website regarding reports of withdrawal issues. We advise traders to exercise caution and thoroughly assess the risks associated with trading on an unregulated platform. Prior to engaging in any trading activities, we recommend checking our platform for relevant information. If you have come across fraudulent brokers or have personally experienced any fraudulent activities, we kindly request that you inform us through the Exposure section. We greatly appreciate your cooperation, and our team of experts will make every effort to assist you in resolving any problems you have encountered.
Customers can get in touch with customer service lines using the information provided below:
Telephone: 4006677200, 4000226768
Email: service@gsgforex.com
In conclusion, GSG is a financial service provider. However, there are significant concerns regarding the legitimacy and reliability of this company. The claimed regulation by FSPR is suspected to be a clone. Additionally, the inaccessibility of their official website raises further doubts about their credibility. These factors contribute to a higher level of risk associated with investing in GSG. As a result, it is strongly advised for investors to exercise caution and consider alternative, regulated brokers with a proven track record to protect their investments.
| Q 1: | Is GSG regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | How can I contact the customer support team at GSG？ |
| A 2: | You can contact via telephone: 4006677200, 4000226768 and email: service@gsgforex.com. |
| Q 3: | Does GSG offer the industry leading MT4 & MT5？ |
| A 3: | Yes. It offers MT4. |
Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.
More
User comment
1
CommentsWrite a review
2023-10-08 18:58
