Do you want to know which is the better broker between GSI and Yuanta ?
In the table below, you can compare the features of GSI , Yuanta side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of gsi-markets, yuanta lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
General Information& Regulation
GSI Markets is an online trading broker owned by Media Force Limited and located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960. The firm is incorporated under registration number 19085 by the Registrar of Business Enterprises Marshall Islands Internationals.
GSI Markets offers investors a range of financial instruments including over 50 forex currency pairs, indices, CFDs and commodities.
Accounts & Leverage
GSI Markets offers customers four account types: Silver ECN Account, Gold ECN Account, Platinum ECN Account and Islamic Account. The maximum leverage is 1:100.
Spreads & Commissions
For ECN Accounts, the average spread for EURGBP is 1.4 pips, EURJPY 1.8 pips, EURUSD 0.7 pips, GBPJPY 2.9 pips, GBPUSD 1.4 pips, USDJPY 0.8 pips. The commission for Silver ECN is 200$ per 1M Half Turn, Gold ECN 80$ per 1M Half Turn, and Platinum ECN 50$ per 1M Half Turn.
GSI Markets uses MetaTrader 4 (MT4), WebTrader and Sirix as its trading platforms. The GSI Markets MT4 is available in desktop-client, mobile app, and web version. Sirix complements MT4 and is an equally useful trading platform, especially for traders who are into social trading.
Deposit & Withdrawal
The payment methods include wire/bank transfer, VISA, Mastercard, Skrill, AstroPay, online bank transfer and credit/debit cards. The minimum deposit and withdrawal limit is USD/EUR/GBP 250 across all payment methods. The maximum amount you can deposit using cards is USD 10,000 while bank transfers have no deposit limit. All withdrawals are subjected to a maximum withdrawal limit of USD 200 except for bank wire which has no limit. In case of excess amounts, the funds will be credited to your bank account through a bank transfer.
GSI Markets does no accept US traders.
GSI Markets offers its customers 24/7 customer support as well as a multi-lingual live chat facility.
Research & Education
GSI Markets brokerage offers a selected group of lessons open to traders in the education center section. These lessons are free of charge. It also has additional sets of tools that will make trading easier. These include an economic calendar, calculator, and a Bitcoin buy/sell meter that acts as a signal provider.
Forex currency trading is a high-risk activity and is not suitable for everyone. By trading with Gsimarkets.com or any other broker, you put yourself at risk of heavy losses. Prior to getting started in any kind of trading, it is important for you to consider your personal circumstances, your attitude to risk, your existing experience and your long-term goals.
General Information & Regulation
Yuanta Securities (Hong Kong) Company Limited (“YSHK”) is a wholly owned subsidiary of Yuanta Financial Holdings Co. Ltd. (“Yuanta Financial Holdings”). YSHK is a licensed corporation registered with the Securities and Futures Commission (CE No.: ABS015) to conduct Type 1, 2, 4, 5, 6 and 9 regulated activities, and is a Participant of Hong Kong Exchanges and Clearing Limited and/or its subsidiaries (Participant ID / Code: 08585，PSL，CPSL and B01858) . As of Sept, 2016, Yuanta's distribution network consists of 155 securities branches and 152 banking branches with approximately 13 thousand professionals providing clients with a full range of financial services. In 2016, the Company controlled 11% of the market share in the securities brokerage sector and was able to maintain a big edge in securities margin financing with nearly 20% of the market share.
Products & Services
In addition to securities brokerage and securities financing, it also provides products and services in banking, insurance, futures, investment trust, investment consulting, venture capital, and asset management.
Trading products for retail clients include HK stocks, SH Stocks, SZ stocks, Taiwan stocks, US stocks, China B stocks, Overseas stocks, Futures and Options. Trading Hour for HK Futures: 09:15 am - 12:00 am, 01:00 pm - 04:15 pm & 05:00pm - 11:45pm (Expiring contract month closes at 04:00 pm on the last trading day). Trading hour for Stock Future are: 9:30am - 12:00pm & 1:00pm - 4:00pm (Hong Kong time).
YSHK provide advice and investment opportunities for global institutional investors including various types of corporations, institutions and hedge funds.
YSHK sets clear fees for particular products, like stocks, futures, and options. Take HK stocks as an example, the commission equals to 0.25% of volume traded, at least 100 HKD, plus some other fees.
YSHK offers two choices of trading tools for its traders: eWinner (available for windows and PC), eWinner Plus (available for ios and Android), YSHK SP Trader (available for PC, ios and Android).
Deposit & Withdrawal
Client can fund their YSHK account through local bank, check, and overseas transfer.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive gsi-markets and yuanta are, we first considered common fees for standard accounts. On gsi-markets, the average spread for the EUR/USD currency pair is -- pips, while on yuanta the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
gsi-markets is regulated by --. yuanta is regulated by SFC,SFC,SFC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
gsi-markets provides trading platform including ISLAMIC ACCOUNT,PLATINUM ECN ACCOUNT,GOLD ECN ACCOUNT,SILVER ECN ACCOUNT and trading variety including --. yuanta provides trading platform including -- and trading variety including --.