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Pros

Multiple account type options available for traders.
Established presence since 2019, indicating some level of operational experience.
Online customer service support is available, albeit with longer waiting times.

Cons

Unregulated entity, posing significant risks to investor funds and lacking accountability.
Withdrawal issues reported by users, leading to concerns about access to funds.
Negative customer reviews highlight poor support and potential scams associated with the broker.

GS broker Accounts

GS Forex Account Type

GS Forex offers a variety of trading accounts tailored to meet the needs of different types of investors. The account types include:

  • Micro Account
    • Minimum Deposit: $25
    • Leverage: Up to 1:2000
    • Spread: 1.5
    • Margin Call Level: 100%
    • Stop Out Level: 30%
    • Minimum Trade Size: 0.01 lot
    • Customer Support: 24/5
    • Commissions: No
    • Mini Account
      • Minimum Deposit: $100
      • Leverage: Up to 1:1000
      • Spread: 1
      • Margin Call Level: 100%
      • Stop Out Level: 30%
      • Minimum Trade Size: 0.01 lot
      • Customer Support: 24/5
      • Commissions: No
      • Maxi Account
        • Minimum Deposit: $1,000
        • Leverage: Up to 1:500
        • Spread: 0.8
        • Margin Call Level: 100%
        • Stop Out Level: 50%
        • Minimum Trade Size: 0.01 lot
        • Customer Support: 24/5
        • Commissions: No
        • Standard Account
          • Minimum Deposit: $3,000
          • Leverage: Up to 1:200
          • Spread: 0.6
          • Margin Call Level: 200%
          • Stop Out Level: 100%
          • Minimum Trade Size: 0.01 lot
          • Customer Support: 24/5
          • Commissions: No
          • Pro Account
            • Minimum Deposit: $10,000
            • Leverage: Up to 1:100
            • Spread: 0
            • Margin Call Level: 200%
            • Stop Out Level: 100%
            • Minimum Trade Size: 0.01 lot
            • Customer Support: 24/5
            • Commissions: No

            For all accounts, floating spreads may vary depending on market conditions, and the company reserves the right to adjust margin call and stop out levels before market close on Fridays.

            GS Forex Broker Account Opening Process

            To open an account with GS Forex, follow these steps:

            • Visit the Website: Go to the official GS Forex website.
            • Choose Account Type: Select the type of trading account you wish to open (Micro, Mini, Maxi, Standard, or Pro).
            • Complete Application Form: Fill out the online application form with your personal details, including your name, email address, and phone number.
            • Deposit Funds: After your application is approved, navigate to the deposit section to fund your account. The minimum deposit varies by account type.
            • Set Up Trading Platform: Download and install the trading platform recommended by GS Forex.
            • Start Trading: Once your account is funded and the platform is set up, you can begin trading in forex and other markets.
            • For further assistance, GS Forex offers customer support available 24/5 to help you with any queries during the account opening process.

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