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Pros

Low minimum deposit requirement, making it accessible for new traders.
Offers competitive spreads and high leverage, which can be attractive for experienced traders.
Provides a variety of payment options for deposits and withdrawals.

Cons

Not regulated by any major financial authority, raising concerns about the safety of funds.
Multiple reports of withdrawal issues and customer service complaints, indicating potential reliability problems.
Has been blacklisted by the Forex Peace Army due to previous guilty verdicts related to scams.

GAINSY broker Accounts

Gainsy Account Type

Gainsy offers a variety of trading accounts to cater to different trading preferences and strategies. The main account types include:

  • Classic Account (STP)
    • Minimum Deposit: $10
    • Maximum Leverage: 1:500
    • Spread: Variable
    • Commission: $2 per standard lot
    • Minimum Lot Size: 0.01
    • Scalping: Allowed
    • Expert Advisors: Allowed
    • Premium Account (ECN)
      • Minimum Deposit: $10,000
      • Maximum Leverage: 1:100
      • Spread: Variable, starting from 0 pips
      • Commission: $4 per standard lot
      • Minimum Lot Size: 0.01
      • Scalping: Allowed
      • Expert Advisors: Allowed
      • Exclusive VIP Account
        • Specific details on this account type may vary, but it typically offers enhanced trading conditions and personalized services.
        • Segregated and Swap-Free (Islamic) Accounts
          • Designed for traders requiring Islamic-compliant trading conditions.

          Gainsy Broker Account Opening Process

          Opening an account with Gainsy is a straightforward process. Here are the steps to follow:

          • Visit the Gainsy Website
            • Choose Account Type
              • Select the account type that suits your trading needs (Classic, Premium, etc.).
              • Complete the Registration Form
                • Fill out the registration form with your personal details, including your name, email address, and phone number.
                • Verify Your Identity
                  • You may need to provide identification documents to verify your identity as part of the KYC (Know Your Customer) process.
                  • Fund Your Account
                    • Deposit the minimum required amount to activate your trading account. Gainsy accepts various funding methods, including credit/debit cards, wire transfers, and e-wallets.
                    • Start Trading
                      • Once your account is funded and verified, you can start trading using Gainsys trading platforms, including MetaTrader 4 and the Gainsy trading platform.

                      By following these steps, you can successfully open a trading account with Gainsy and begin your trading journey.

GAINSY accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
GAINSY Account