Score

2.01 /10
Danger

GAINSY

New Zealand

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.45

Risk Management Index0.00

Software Index6.91

License Index0.00

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Website

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

1G

40G

open now

Regulatory disclosure

Broker Information

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Company Name

GAINSY

Company Abbreviation

GAINSY

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GAINSY · Company summary

Note: GAINSY's official website: https://www.gainsy.com/ is currently inaccessible normal.

GAINSYReview Summary
Founded2012
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex
Demo AccountNot mentioned
LeverageUp to 1:500
SpreadClassic STP: From 0.1 pips
Premium ECN: From 0 pips
Exclusive VIP: From 0 pips
Trading PlatformMetaTrader 4
Min Deposit$10
Customer SupportEmail: support@gainsy.com

GAINSY is an unregulated online trading platform based in Saint Vincent and the Grenadines. This platform seems to only offer Forex as their market instrument. GAINSY offers three types of live accounts and a Swap-Free (Islamic) Account.

Pros and Cons

ProsCons
Multiple account typesUnregulated
MT4 supportedLimited market instruments
Commission charged

Is GAINSY Legit?

GAINSY is not unregulated by any authority. Operating trading on this platform can be extremely dangerous.

No license

What Can I Trade in GAINSY?

Trading AssetAvailable
forex
metals
commodities
indices
energies
stocks /shares
cryptocurrencies
options
funds
ETFs

Account Types

GAINSY offers three account types, Classic STP, Premium ECN, and Exclusive VIP accounts. Swap-free (Islamic) accounts are also available.

FeatureClassic STP Premium ECN Exclusive VIP
Minimum Deposit$10$10,000$100,000
Base CurrencyUSD
LeverageUp to 1:500Up to 1:100Client-set
SpreadFrom 0.1 pipsFrom 0 pips
Commission$20 per million traded$2 per lot traded$20 per million traded
Minimum Trade Size0.01 lotsClient-set
Margin Call Level70%120%
Stop Out Level10% - 50%100%

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
Trading ViewDesktop, Mobile, WebBeginners

Deposit and Withdrawal

Clients are offered the following payment modes: credit cards, bank wire transfers, and e-wallets Skrill, Neteller, CashU, WebMoney, and China UnionPay.

Customer Service

Contact Options Details
Email support@gainsy.com

FAQs

Is GAINSY legit?

No. GAINSY is an unregulated platform.

Is GAINSY good for beginners?

No. we recommend you get rid of unreliable brokers like GAINSY which is not regulated and does not maintain a functional website.

User Reviews

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User comment

2

Comments

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Grandpather
more than one year
Since September, accessing GAINSY's website has become a real headache – it's nearly impossible to open. The frustration doesn't stop there; attempting to log in to the website feels like a wild goose chase. And if that wasn't enough, my MT4 account got frozen too. It's been a rollercoaster ride dealing with technical glitches, and honestly, it's been more hassle than it's worth.
Since September, accessing GAINSY's website has become a real headache – it's nearly impossible to open. The frustration doesn't stop there; attempting to log in to the website feels like a wild goose chase. And if that wasn't enough, my MT4 account got frozen too. It's been a rollercoaster ride dealing with technical glitches, and honestly, it's been more hassle than it's worth.
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2023-12-22 13:31
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杨裕钧
more than one year
I have been looking for a reliable company to trade cryptocurrencies and came across GAINSY. However, I am still hesitant about their credibility as I couldn't find enough information about them, even though their website looks professional and they seem to offer good services. I think I will keep searching for more options.
I have been looking for a reliable company to trade cryptocurrencies and came across GAINSY. However, I am still hesitant about their credibility as I couldn't find enough information about them, even though their website looks professional and they seem to offer good services. I think I will keep searching for more options.
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2023-03-24 15:28
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