Score

6.14 /10
Average

GTSEnergyMarkets

Regulated in Cyprus

Straight Through Processing (STP)

MT5 Full License

Global Business

High potential risk

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Comparison

Quantity 41

Exposure

Time Machine
Website

Score

Regulatory Index6.54

Business Index7.12

Risk Management Index0.00

Software Index8.61

License Index6.54

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

Licenses

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

Single Core

1G

40G

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Broker Information

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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

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-10-05
  • WikiFX has received a total of 39 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The AustraliaASIC (Regulatory number: 513758) Institution Forex License (STP) held by belongs to the scope of institutional business, excluding retail business. It cannot open accounts for individual investors. Be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

GTSEnergyMarkets is a deceptive scam, and Nie Can is a fraudster.

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 The original account funds have become credit scores that can't be withdrawn.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.

2025-06-15 21:59
Unable to Withdraw

Unable to withdraw, scam

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.

2025-08-09 18:39
Scam

The withdrawal was directly deducted without my consent or going through me. It's the broker and the scammer working together to defraud me. I demand my money back!

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!

2025-07-01 08:26
Scam

Guiding customers to open new accounts, unauthorized withdrawals without the account holder's consent, converting account balance into credit limits.

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.

2025-06-20 22:24
    GTSEnergyMarkets · Company summary

    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

    What is GTSEnergyMarkets?

    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

    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

    GTSEnergyMarkets Alternative Brokers

    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.

    Is GTSEnergyMarkets Safe or Scam?

    GTSEnergy Markets is authorized by the Australian Securities and Investments Commission (ASIC), with the AR Authorised Representative Licence 001284404.

    regulated by ASIC

    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.

    Market Instruments

    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.

    Leverage

    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.

    Trading Size & Mechanics

    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.

    Trading Platforms

    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.

    MT5

    See the trading platform comparison table below:

    Broker Trading Platform
    GTSEnergyMarkets MT5
    eToro Proprietary
    Axi MT4
    Equiti MT4, MT5

    Trading Hours

    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.

    Deposits & Withdrawals

    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

    User Exposure on WikiFX

    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.

    User Exposure on WikiFX

    Customer Service

    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

    Conclusion

    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.

    Frequently Asked Questions (FAQs)

    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.

    Risk Warning

    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.

    News

    NewsGlobal Market Volatility as Fed Rate Cuts Loom, Middle East Tensions, and Corporate Shakeups

    Federal Reserve Chair Powell confirms upcoming rate cuts, driving global market volatility and heightened investor focus on key earnings reports. Asian stocks drop as Nvidia's earnings loom, while Middle East tensions rise with Israel-Hezbollah skirmishes. Corporate sectors face challenges, from PDD Holdings' sharp stock drop to HSBC's planned management overhaul. Tech and energy markets remain in flux.

    WikiFX
    2024-08-28 16:14
    Global Market Volatility as Fed Rate Cuts Loom, Middle East Tensions, and Corporate Shakeups

    NewsMarket Reactions to Fed’s Rate Cut Indications Amid Global Economic Tensions

    Fed Chair Powell’s confirmation of upcoming rate cuts has triggered mixed reactions across global markets. While Asia’s stock markets rallied on the news, ongoing tensions in the Middle East and cautious central bank policies in China and Singapore have kept investors on edge. Meanwhile, PDD Holdings’ historic stock drop and Nvidia’s anticipated earnings add further uncertainty to the market outlook.

    WikiFX
    2024-08-27 12:51
    Market Reactions to Fed’s Rate Cut Indications Amid Global Economic Tensions

    NewsGlobal Market Reactions as Fed Prepares for Rate Cuts Amid Rising Geopolitical Tensions

    Fed Chair Powell signals upcoming rate cuts, driving bond market speculation and influencing global markets. Asian stocks rise, while yen strengthens due to safe-haven demand. Meanwhile, Australia's central bank faces skepticism over its tightening stance.

    WikiFX
    2024-08-26 15:34
    Global Market Reactions as Fed Prepares for Rate Cuts Amid Rising Geopolitical Tensions

    NewsGlobal Financial Market Dynamics Amid Geopolitical Tensions and Economic Shifts

    Kamala Harris makes history at the Democratic National Convention, while global markets react to central bank policies and geopolitical developments. Alibaba's listing upgrade and Japan's currency movements highlight Asia's financial dynamics. Meanwhile, Russia faces military and economic challenges as Ukraine escalates attacks. Key market players like Uber and Canadian rail companies respond to industry disruptions.

    WikiFX
    2024-08-23 17:21
    Global Financial Market Dynamics Amid Geopolitical Tensions and Economic Shifts

    User Reviews

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    User comment

    19

    Comments

    Write a review

    FX1189388319
    more than one year
    聂灿求,姜丽萍,张磊,以上几个人都是老骗子,2017年做同样的平台骗了一拨人,现又以所谓的真外汇骗我们所有投资者的钱,希望有人能抓住这几个老骗子。
    聂灿求,姜丽萍,张磊,以上几个人都是老骗子,2017年做同样的平台骗了一拨人,现又以所谓的真外汇骗我们所有投资者的钱,希望有人能抓住这几个老骗子。
    Translate to English
    2025-09-28 07:06
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    FX3466021322
    3-6months
    从2024年7月开始,平台无法出金,说老系统数据对接数据清算,2025年说启动了新系统,将老系统账户资金划转到了600开头的新系统,却没有提现通道,而且全部以信用额方式注入,根本无法提现。新系统800开头的账户是usdt 方式,客户入金后也是无法提现,一年都无法提现的平台涉嫌诈骗,客服失联多次联系无果,发邮件无人回复,提现只有自动回复邮件却根本不到账,而且,新系统注册的网站链接与显示的官方网站不一致,涉嫌套牌诈骗,请调解中心介入
    从2024年7月开始,平台无法出金,说老系统数据对接数据清算,2025年说启动了新系统,将老系统账户资金划转到了600开头的新系统,却没有提现通道,而且全部以信用额方式注入,根本无法提现。新系统800开头的账户是usdt 方式,客户入金后也是无法提现,一年都无法提现的平台涉嫌诈骗,客服失联多次联系无果,发邮件无人回复,提现只有自动回复邮件却根本不到账,而且,新系统注册的网站链接与显示的官方网站不一致,涉嫌套牌诈骗,请调解中心介入
    Translate to English
    2025-08-09 18:39
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    41