GSDO
Abstract：Founded in 2006 and headquartered in the United States, GSDO is a broker providing trading on the MT4 and MT5 systems. Though it is thought to be a clone and had its VFSC control revoked, ASIC apparently controls it. Customer care by phone at +678 7100624 and +852 51694936 by email at service@gsdo.com.
Note:GSDO's official website:https://www.gsdo.com/language/default.php？language=en is currently inaccessible normally.
| Aspect | Information |
| Company Name | GSDO |
| Registered Country/Area | United States |
| Founded Year | 2006 |
| Regulation | ASIC(Suspicious Clone),VFSC(Revoked) |
| Trading Platform | MT4,MT5 |
| Customer Support | Phone:+678 7100624,+852 51694936Email:service@gsdo.com |
GSDO Information
Founded in 2006 and headquartered in the United States, GSDO is a broker providing trading on the MT4 and MT5 systems. Though it is thought to be a clone and had its VFSC control revoked, ASIC apparently controls it. Customer care by phone at +678 7100624 and +852 51694936 by email at service@gsdo.com.
Is GSDO Legit or a Scam？
 | Vanuatu Financial Services Commission（VFSC) |
| Current Status | Revoked |
| Regulated by | VFSC |
| License Type | Retail Forex License |
| License No. | 14875 |
| Licensed Institution | GS FINANCIAL SERVICE LIMITED |
 | Australia Securities & Investment Commission(ASIC) |
| Current Status | Suspicious clone |
| Regulated by | ASIC |
| License Type | Institution Forex License (STP) |
| License No. | 298221 |
| Licensed Institution | FINANCIAL MARKETS (AUSTRALIA) PTY LTD |
Downsides of GSDO
The broker's claimed ASIC regulation is suspected to be a clone, and its VFSC regulation has been removed, so implying a lack of consistent control.
The company's questionable legal position and likelihood of dishonest activity define it as high risk.
More highlighting the risks associated with this broker are several accusations about dishonest practices including bogus trading advice and issues with withdrawals.
Negative GSDO Reviews on WikiFX
An essential comment part in WikiFX is exposure.
Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.
WikiFx only had one exposure of GSDO.
Exposure.1 Fraud
| Classification | Fraudulent practices |
| Date | March 7th,2018 |
| Post Country | Hong Kong,China |
The client said GSDO misled them with erroneous trading advice, resulting in significant losses and subsequently denial of withdrawal requests.You could go to:
https://www.wikifx.com/en/comments/detail/208034937007292.html
Conclusion
One high-risk option is GSDO, a U.S.-based broker with dubious claims on regulation and several fraud allegations. Trading with this broker carries risk; clients should pick open policy, controlled brokers.
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