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Score

1.39 /10
Danger

GIGACHAINS

China

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.gigachains.com

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Score

Regulatory Index0.00

Business Index6.10

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Warning: Low score, please stay away!
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GIGACHAINS · Company summary

Note: GIGACHAINS's official website - https://www.gigachains.com is currently inaccessible normally.

GIGACHAINS Review Summary
Founded2022
Registered Country/RegionChina
RegulationNot regulated
Market InstrumentsForex, cryptocurrencies, and CFDs
Demo Account/
LeverageUp to 1:50
Spread/
Trading PlatformWeb
Min Deposit/
Customer Support/

GIGACHAINS, founded in 2022 in China, is a relatively new unregulated broker. It provides many trading assets, like Forex, cryptocurrencies, and CFDs with leverage up to 1:50 on the web platform.

Pros and Cons

Pros Cons
Multiple account typesRelatively new
Not regulated
Limited trading assets
No MT4 or MT5
Inactivity fee charged

Is GIGACHAINS Legit?

Regulated brokers are safer than unregulated ones. However, GIGACHAINS is currently an unregulated broker, which means that clients' funds and trading activities are completely unprotected. Please be aware of the risk!

No license

What Can I Trade on GIGACHAINS?

Tradable Instruments Supported
Forex✔
Cryptocurrencies ✔
CFDs✔
Bonds❌
Options ❌
ETFs❌

Account Type/Leverage

Account TypeMax Leverage
Silver 1:15
Gold1:25
Platinum1:50

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Commissions and Fees

GIGACHAINS need to charge a 20% commission in advance.

There is an inactivity fee of 10% per month if traders don't sign up or trade within 3 months.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web ✔Web/
MT4❌/Beginners
MT5❌/Experienced traders

User Reviews

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User comment

2

Comments

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梦梦
more than one year
I hate to say this, but a guy name Louise Chang goes too far. He calls me every day, as if I were the only man in the world. He tries everything to let me believe that they are holding an amazing investment opportunity.
I hate to say this, but a guy name Louise Chang goes too far. He calls me every day, as if I were the only man in the world. He tries everything to let me believe that they are holding an amazing investment opportunity.
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2023-02-20 09:22
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山水清音
more than one year
Great trading experience! Although GIGACHAINS was relatively new and not well known in the industry, I was impressed by its customer service. They are very professional.
Great trading experience! Although GIGACHAINS was relatively new and not well known in the industry, I was impressed by its customer service. They are very professional.
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2022-12-05 18:37
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