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The WikiFX Score of this broker is reduced because of too many complaints!

GSG

New Zealand|5-10 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|Suspicious Overrun|High potential risk|

http://en.gsgforex.uk/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
GSG-Demo MT4
Server Location United States

Contact

4006677200,4000226768
service@gsgforex.com
http://en.gsgforex.uk/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

4006677200,4000226768

Broker Information

More

Company Name

GSG International Limited

Company Abbreviation

GSG

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    GSG · Company Summary

    Note: Regrettably, the official website of GSG, namely http://en.gsgforex.uk/, is currently experiencing functionality issues.

    GSG Review Summary
    Founded 5-10 years
    Registered Country/Region FSPR (Suspicious clone)
    Regulation New Zealand
    Market Instruments N/A
    Demo Account N/A
    Leverage N/A
    EUR/ USD Spread N/A
    Trading Platforms MT4
    Customer Support Phone and email

    What is GSG?

    GSG is a financial service provider that provides traders with a trading platform MT4. The FSPR is suspected to be a clone, and its official website is currently inaccessible. Traders can contact GSG via phone and email.

    GSG

    We invite you to read our upcoming article where we will conduct a comprehensive assessment of the broker, examining it from different perspectives and presenting well-structured and concise information. At the end of the article, we will provide a brief summary to give you a complete understanding of the broker's main features.

    Pros & Cons

    Pros Cons
    • MT4 supported
    • FSPR (Suspicious clone)
    • Inaccessible website
    • No social media presence
    • Reports of unable to withdraw
    • Unsafe trading conditions

    Pros:

    - MT4 supported: GSG offers a trading platform based on MetaTrader 4 (MT4), which is a popular and widely used platform among traders.

    Cons:

    - FSPR (Suspicious clone): There are suspicions that GSG's claim of being regulated by the Financial Service Providers Register (FSPR) is not genuine and might be a clone. This raises concerns about the broker's legitimacy.

    - Inaccessible website: Reports suggest that GSG's official website is currently inaccessible, which can be seen as a red flag and indicate potential issues or lack of transparency.

    - No social media presence: The absence of a social media presence makes it difficult for traders to find updated information about GSG and communicate with the broker through popular social platforms.

    - Reports of unable to withdraw: There are complaints or reports indicating difficulties or obstacles faced by traders when trying to withdraw funds from GSG. This raises concerns about the reliability and trustworthiness of the broker.

    - Unsafe trading conditions: GSG has unfavorable terms and conditions for traders, potentially exposing them to higher risks or disadvantageous trading practices.

    Is GSG Safe or Scam?

    There are doubts regarding the authenticity of the broker's claim of being regulated by the Financial Service Providers Register (license number: 408746), and their website being inaccessible adds to the uncertainty surrounding their trading platform. This increases the level of risk associated with investing in GSG. Before making any investment decisions with GSG, it is important to conduct extensive research and evaluate the potential risks and rewards carefully. Generally, it is recommended to choose brokers that are adequately regulated to ensure the safety of your investments.

    suspicious clone FSPR license

    Trading Platforms

    The trading platform offered by GSG is based on MetaTrader 4 (MT4), which is one of the most popular and widely used trading platforms in the industry. MT4 provides a robust and user-friendly interface that allows traders to access a wide range of financial instruments, such as forex, commodities, indices, and cryptocurrencies.

    With GSG's MT4 platform, clients can benefit from a host of advanced features and tools that enhance their trading experience. The platform offers real-time market quotes and customizable charts, allowing traders to analyze price movements and make informed trading decisions. It also provides a variety of technical indicators and graphical objects, enabling traders to apply various analysis techniques.

    MT4

    User Exposure on WikiFX

    Please review the available information on our website regarding reports of withdrawal issues. We advise traders to exercise caution and thoroughly assess the risks associated with trading on an unregulated platform. Prior to engaging in any trading activities, we recommend checking our platform for relevant information. If you have come across fraudulent brokers or have personally experienced any fraudulent activities, we kindly request that you inform us through the Exposure section. We greatly appreciate your cooperation, and our team of experts will make every effort to assist you in resolving any problems you have encountered.

    User Exposure on WikiFX

    Customer Service

    Customers can get in touch with customer service lines using the information provided below:

    Telephone: 4006677200, 4000226768

    Email: service@gsgforex.com

    Conclusion

    In conclusion, GSG is a financial service provider. However, there are significant concerns regarding the legitimacy and reliability of this company. The claimed regulation by FSPR is suspected to be a clone. Additionally, the inaccessibility of their official website raises further doubts about their credibility. These factors contribute to a higher level of risk associated with investing in GSG. As a result, it is strongly advised for investors to exercise caution and consider alternative, regulated brokers with a proven track record to protect their investments.

    Frequently Asked Questions (FAQs)

    Q 1: Is GSG regulated?
    A 1: No. It has been verified that this broker currently has no valid regulation.
    Q 2: How can I contact the customer support team at GSG?
    A 2: You can contact via telephone: 4006677200, 4000226768 and email: service@gsgforex.com.
    Q 3: Does GSG offer the industry leading MT4 & MT5?
    A 3: Yes. It offers MT4.

    Risk Warning

    Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.

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    Comments

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    妮妮8936
    6-12months
    A highly recommended foreign exchange platform with low commissions and very fast withdrawals. It is the platform with the best service I have ever seen since I started to speculate in foreign exchange.
    2023-10-08 18:58
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