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Score
Cyprus
Regulated in Cyprus
Straight Through Processing (STP)
MT5 Full License
Global Business
High potential risk
Add brokers
Comparison
Quantity 41
Exposure
Score
Regulatory Index6.54
Business Index7.12
Risk Management Index0.00
Software Index8.61
License Index6.54
Single Core
1G
40G
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Company Name
GTSE Capital Group Ltd
Company Abbreviation
GTSEnergyMarkets
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
Now, the customer service does not respond at all.
Last year's withdrawal never arrived, and this year they're not allowing withdrawals.
The following individuals are all fraudulent scammers: Nie Canqiu, Jiang Liping, and Zhang Lei. These familiar scammers cheated people with a similar platform in 2017 and are now scamming all investors with so-called 'real forex'. I hope someone can catch these persistent scammers.
The broker connecting us mainland GTS is a Taiwanese, he said his surname is Zhang, mobile number: 18588535557, and that big scammer, Nie Canqiu as shown in the picture above. When we requested a withdrawal, they said that the funds were frozen due to broker reasons, later they said they would help us switch to a new system from the old one starting with 3 to a new one starting with 6, then my account inexplicably was deducted. Back to the 6-header account is a credit limit. May I ask the broker platform, do you operate like this? You have been in cahoots with the scammer for more than three years, is it just for a harvest in the end? Where is the regulatory authority? Please help me refund my money, 30402 US dollars!
GTSE scam, a dishonest platform refusing customer withdrawals.
No withdrawals have been processed since last September, with $200,000 locked in the account.
On August 7, 2024, I applied to withdraw 150,000. Today is June 14, 2025. So far, the platform still owes me the principal of 200,000 and has not given it to me for various reasons. This is my principal. I have all the deposit transfer records and information from August 7, 2024. Please have the respected platform customer service intervene and handle this for me. Thank you!
The broker is GTS, the person connecting us in mainland is a Taiwanese, says his surname is Zhang, phone: 18588535557, and another one is Nie Canqiu. They refused to allow me to withdraw funds when I requested. I originally had an account 313252, with funds of 30402USD. They did not allow me to withdraw, saying the large account is frozen overseas, and can't be withdrawn in RMB, have to switch to u channel. The broker opened a new account 600472 for me, saying the fund from the old account 313252 will be transferred to the new account 600472. Later, the old account 313252 inexplicably withdrew funds, what shows on the new account 600472 is credit limit, the balance is gone. The account is opened by GTS, customer service is GTS's, emails are sent by GTS. This is a scam in collusion with the scammer and the broker. I request the GTS broker return my money back to me.
GTSE company rejects withdrawal requests with various excuses.
Withdrawal hasn't arrived in half a year. Now they are refusing to proceed with it and are constantly making up various excuses. Hope to take action against this scam platform.
Dear platform: GTS changed my old system 313252 to one starting with an 8 on April 30, 2025, and again to one starting with a 6 on May 24, 2025. They have contacted the domestic team leader to transfer the funds to the new system. The original account funds have become credit scores that can't be withdrawn. The domestic platform manager cannot be found. I earnestly request the platform to return my capital.
Starting from July 2024, the platform has been unable to process withdrawals, citing data reconciliation between the old system and new system integration. In 2025, they claimed to have launched a new system, transferring funds from old system accounts to new accounts starting with '600'. However, there was no withdrawal channel, and all funds were injected as credit limits, making withdrawals impossible. Accounts starting with '800' in the new system operate via USDT, but even after depositing, users cannot withdraw. A platform that has prevented withdrawals for a year is suspected of fraud. Customer service is unreachable despite multiple attempts, emails go unanswered, and withdrawal requests only trigger automated replies without actual transfers. Moreover, the registration link for the new system does not match the official website displayed, suggesting a potential clone scam. We request the mediation center's intervention.
Scammer Nie Canqiu, arbitrarily moving and tampering with accounts day by day.
This company is a scam. I have over 500,000 USD left in there. The withdrawal option is gone and I can't get in touch with them. The real boss of this company is called Nie Canqiu.
This trading broker is nothing but a scammer platform. I have connected to its system, and I am certain I am its client. In July 2024, they wouldn’t let me withdraw money. After negotiating until the end of August, a third of my positions were liquidated. I closed them myself, and even after closing, they still wouldn't give me my money. On May 2, 2025, MT5 showed I still had $30,402. They directly withdrew the money, without my authorization or agreement, and colluded with the scammer for fraud. They gave me credit instead, leaving my balance at zero. Who gave them the permission to scam? Give me back my money!
Dear Regulatory Authority Leader: I am a customer of GTS Energygv Markets. My account number starts with 3, I deposited a total of $150,000 from December 6 to December 11, 2023. I started applying for withdrawal in June 2024, but the domestic team leader refused to allow me to withdraw, claiming that the floating loss in my account was too high. I forcibly liquidated my position on July 25th, 2024, suffering a loss of almost $300,000. I thought they wouldn't have any reason to stop me from withdrawing now. On August 7, 2024, I tried to withdraw $118,500, but I didn't receive the money. It took me months in September, October, November, and December 2024 to get back some of the money with great difficulty. On January 21, 2025, they said that after checking the amount, they had repaid me $14,285 to my account. The money was credited to my original account starting with 3, but I couldn't withdraw it. They kept delaying the time, claiming that the corporate account was frozen by the regulators. They used the money in my account to continue trading. The amount in my account reached $30,402, but I still couldn't withdraw it. On May 24, 2025, they said that they had opened a new account for me starting with 6. Without my consent, they claimed to have transferred the funds from my original account starting with 3 to this new account. I didn't authorize them to deduct money, and I don't know how they were able to withdraw money and deduct from my old account starting with 3.
Note: GTSEnergyMarketss official site - https://www.gtseforex.com/en/index.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
GTSEnergyMarkets Review Summary | |
Founded | 2018 |
Registered Country/Region | United Kingdom |
Regulation | ASIC |
Market Instruments | Foreign exchange, precious metals, stock index CFDs, energy and many other financial trading products |
Demo Account | Unavailable |
Leverage | 1:500 |
EUR/ USD Spreads | N/A |
Trading Platforms | MT5 |
Minimum Deposit | N/A |
Customer Support | Phone, email |
GTSEnergyMarkets, an online trading platform authorized by ASIC, offers a diverse range of trading instruments across various asset classes. With a maximum leverage ratio of 1:500, GTSEnergyMarkets aims to provide traders with ample flexibility in their investment strategies.
However, it is important to note that their official website is inaccessible, indicating a potential issue with the platforms availability and raising concerns about the ability to withdraw funds. These reports of difficulties with fund withdrawals, coupled with the limited information available, suggest increased risk and uncertainty when investing with GTSEnergyMarkets.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Regulated by ASIC | • Website is unavailable |
• A range of trading instruments | • Some reports of scam and withdrawal issues |
• MT5 supported | • No demo accounts |
• No social media presence |
There are many alternative brokers to GTSEnergyMarkets depending on the specific needs and preferences of the trader. Some popular options include:
eToro - A popular social trading platform that allows traders to follow and copy the trades of other successful traders.
Axi – A well-regulated and respected trading broker with a range of advanced trading tools, making it an excellent choice for professional traders seeking advanced trading capabilities.
Equiti - A trusted global broker specializing in online trading of forex, commodities, and indices, offering cutting-edge technology, superior execution, and comprehensive market analysis.
GTSEnergy Markets is authorized by the Australian Securities and Investments Commission (ASIC), with the AR Authorised Representative Licence 001284404.
However, the official website of GTSEnergyMarkets is inaccessible, indicating that the trading platform may have absconded. This makes investing with them risky.
If you are considering investing with GTSEnergyMarkets, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision.
GTSEnergyMarkets offers a variety of trading instruments across different asset classes, including foreign exchange, precious metals, stock index CFDs, energy and many other financial trading products.
Foreign Exchange (Forex): Trading major currency pairs, such as EUR/USD, GBP/USD, or USD/JPY, as well as minor and exotic currency pairs.
Precious Metals: Trading in popular metals like gold, silver, platinum, and palladium.
Stock Index CFDs: Contracts for Difference on major stock indices, allowing traders to speculate on the price movements of indices like the S&P 500, FTSE 100, or Nikkei 225.
Energy Products: Trading in energy commodities like crude oil, natural gas, or heating oil.
Commodities: Potential trading opportunities in agricultural products like soybeans, corn, or wheat, among others.
Individual Stocks: Trading CFDs or other financial derivatives based on the share prices of individual companies listed on stock exchanges.
Bonds: The ability to trade bonds, which are fixed-income securities issued by governments or corporations.
GTSEnergyMarkets offers a maximum leverage ratio of 1:500 to its traders. Leverage allows traders to control a larger position in the market with a smaller amount of capital. With a 1:500 leverage ratio, traders can open positions that are 500 times larger than their initial investment.
High leverage has the potential to amplify profits, as even small price movements can result in substantial gains. However, it is crucial to note that leverage also comes with inherent risks. Even a small adverse price movement can result in significant losses, potentially exceeding the initial investment. It is essential for traders to fully understand the risks associated with leverage and use it judiciously.
GTSEnergyMarkets allows clients to place mini-trades of 0.01 lots, i.e. a minimum order of 10,000 units at a time. The company also offers a T+0 trading facility, which means that clients can trade multiple times during the trading day at any time to earn spread gains by taking advantage of exchange rate market fluctuations.
GTSEnergyMarkets provides the popular trading platform MetaTrader 5 (MT5) for its clients. MT5 is a comprehensive and user-friendly platform that offers advanced features and tools for effective trading.
The MT5 platform allows traders to access a wide range of financial markets, including forex, commodities, stocks, and indices. It provides real-time market quotes, interactive charts, and numerous technical indicators to assist traders in analyzing price movements and making informed trading decisions.
MT5 is available for desktop applications (Windows and Mac), web-based trading, and mobile devices (iOS and Android), ensuring that traders have access to the platform anytime and anywhere.
See the trading platform comparison table below:
Broker | Trading Platform |
GTSEnergyMarkets | MT5 |
eToro | Proprietary |
Axi | MT4 |
Equiti | MT4, MT5 |
The Forex trading market is actually a continuous 24-hour trading market. Clients can use the customer portal and website at any time, but the trading hours depend on the specific market. For Chinese clients, 20:00-24:00 BST is the most active time for forex trading.
Payment Method | Deposit Time | Withdrawal Time | Fee |
Bank Wire | 2-5 business days | 2-5 business days | $25+ |
Credit Card | Instant | 24 hours | Free |
PayPal | 1 hour | 24 hours | 2% |
Skrill | 1 hour | 24 hours | 2% |
Neteller | 1 hour | 24 hours | 2% |
Cryptocurrency | 24 hours | 24 hours | Fee depends on crypto |
On our website, you can see that reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +15645445905
Email: support@mail.gtseforex.com
In conclusion, GTSEnergyMarkets is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, GTSEnergyMarkets's trading platform, MT5, caters to the needs of both beginner and advanced traders. Besides, it is regulated by ASIC.
However, it is worth noting that there have been reports of GTSEnergyMarkets‘ official website being inaccessible, which raises concerns about the platform’s reliability and the ability to withdraw funds.
Q 1: | Is GTSEnergyMarkets regulated? |
A 1: | Yes. It is regulated by ASIC. |
Q 2: | How can I contact the customer support team at GTSEnergyMarkets? |
A 2: | You can contact via phone, +15645445905 and email, support@visionforexglobal.com. |
Q 3: | Does GTSEnergyMarkets offer demo accounts? |
A 3: | No. |
Q 4: | Does GTSEnergyMarkets offer the industry leading MT4 & MT5? |
A 4: | Yes. It supports MT5. |
Q 5: | Is GTSEnergyMarkets a good broker for beginners? |
A 5: | No. It is not a good choice for beginners. Though it is regulated, its website is inaccessible, which make trade not transparent and safe enough. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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