GDI
abstrak：GDI is an unregulated brokerage company registered in China. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Note: GDI's official website: https://gdifx.io/is currently inaccessible normally.
GDI Information
GDI is an unregulated brokerage company registered in China. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Is GDI Legit？
GDI currently does not hold any valid regulatory certificates. Although it is incorporated in China, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Downsides of GDI
- Unavailable Website
GDI's official website is currently inaccessible. So maybe it's time to find another brokerage.
- Lack of Transparency
There is a notable lack of information about GDI available online. This lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
GDI is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Trading Platform
The popular MT4 platform is available with this firm. You can apply PC and mobile devices to download on its website. Its main features include high speed trading (up to 50 ms), technical indicators, automated trading and risk control.
Negative GDI Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are five pieces of GDI exposure in total. I will introduce 2 of them.
Exposure 1. Unable to withdraw in GDI
| Classification | Unable to Withdraw |
| Date | November 14, 2019 |
| Post Country | Hang Kong |
The user said that “Unable to withdraw in GDI”. You may visit: https://www.wikifx.com/en/comments/detail/201911141312412168.html
Exposure 2. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | November 5, 2019 |
| Post Country | Japan |
The user said: “The hardest hit area included Beijing,Inner Mongolia,etc.They force clients to transfer funds to DB”. You may visit: https://www.wikifx.com/en/comments/detail/201911058952352830.html
Conclusion
Trading with GDI may undermine security as they have no valid regulatory certificates. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investments. When comparing brokerages, keep the potential risks firmly in mind.
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