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GainfxMarkets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://gainfxmarkets.com/register/, about the company's legal and temporary regulatory information, the company's address .

GainfxMarkets Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
GainfxMarkets
Abbreviation
GainfxMarkets
Company employee
--
Customer Service Email Address
support@gainfxmarkets.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

GainfxMarkets Review SummaryFounded2020-07-19Registered Country/RegionUnited StatesRegulationUnregulatedMarket InstrumentsCrypto/Forex/Commodities/Indices/Stocks/Binary Options/ETFsDemo Account✅Leverage/Spread/Trading Platform/Min Deposit$1000Customer SupportEmail: support@gainfxmarkets.comGainfxMarkets Information GainfxMarkets is a broker engaged in various instruments with a minimum deposit of $1000 including trade crypto, forex, commodities, indices, stocks, binary options, ETFs, and more. The broker also provides 24/7 customer support. GainfxMarkets is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.Pros and ConsPros Cons 24/7 customer supportUnregulatedVarious tradable instrumentsNegative comments about difficulty in withdrawing profitInaccessible office websiteIs GainfxMarkets Legit? GainfxMarkets is not regulated, which makes it less safe than regulated brokers.What Can I Trade on GainfxMarkets? Traders can choose different investment directions because the broker provides trade crypto, forex, commodities, indices, stocks, binary options, ETFs, etc.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Trade Crypto✔Indices✔ETFs✔Binary Options✔Precious Metals❌Shares❌Bonds❌Mutual Funds❌Deposit and Withdrawal Traders can deposit and withdraw through Bitcoin, Perfect Money, Neteller, Skrill, and more. The broker provides 4 major plans with a minimum deposit of $1000 including Bronze, Silver, Gold, and Ultimate. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.Customer Support Options GainfxMarkets' plans provide 24/7 support. Traders can communicate with the broker via Emailand follow it through Telegram, and Facebook.Contact Options DetailsEmail support@gainfxmarkets.comOnline Chat ✔Social Media Telegram, FacebookSupported Language EnglishWebsite Language EnglishPhysical Address 3484 Frederick Street EI Paso, TX 79905Sectional Address4725 Echo Lane Benton Harbor, MI 4902

Rating Index

ULTIMATE

Minimum Deposit
$50,000

GOLD

Minimum Deposit
$10,000

  

Gainfxmarkets Forex Broker - Complete Information Guide

  

1. Broker Overview

  Gainfxmarkets is a forex broker that has emerged in the competitive landscape of online trading. Although specific details regarding its establishment date are not readily available, it is reported to be a relatively new player in the market. The broker claims to be registered in the United States, providing various trading services primarily to retail clients.

  The company's headquarters is located in the United States, although further details about its main office or additional locations are not disclosed in the available sources. Gainfxmarkets operates as a private entity, focusing on providing forex trading services with a range of account types catering to different trader needs.

  The primary market served by Gainfxmarkets includes forex trading, with a clientele that spans novice traders to more experienced individuals seeking diverse trading options. The broker's development trajectory includes milestones such as the introduction of multiple account types and a user-friendly trading platform designed to enhance the trading experience.

  While specifics about parent company affiliations are not available, Gainfxmarkets operates independently, emphasizing a business model that includes retail forex trading and potentially institutional services in the future. The broker aims to provide a comprehensive suite of trading options, facilitating access to the forex market for its users.

  Gainfxmarkets broker is positioned to assist traders by offering a variety of trading tools and resources, ensuring a supportive environment for both beginners and seasoned investors.

  

2. Regulatory and Compliance Information

  Gainfxmarkets is described as a suspiciously regulated forex broker, which raises concerns about its compliance with industry standards. According to available information, the broker claims to be regulated, but specific regulatory bodies and license numbers are not provided, leading to uncertainty regarding its legitimacy.

  The absence of clear regulatory oversight suggests that Gainfxmarkets operates without the stringent compliance measures typically enforced by recognized financial authorities. This lack of regulation is a significant red flag for potential investors, as it may indicate inadequate protections for client funds and a higher risk of fraudulent activities.

  Moreover, there is no information available about customer fund segregation policies, which are crucial for safeguarding client assets. The broker does not appear to participate in any investor compensation schemes, which further complicates the assurance of fund safety for its clients.

  Gainfxmarkets is also expected to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, specific details on how these measures are implemented are not disclosed. The lack of transparency regarding regulatory compliance makes it imperative for potential clients to exercise caution and conduct thorough research before engaging with this broker.

  The gainfxmarkets broker operates under a cloud of uncertainty concerning its regulatory standing, highlighting the need for due diligence by prospective traders.

  

3. Trading Products and Services

  Gainfxmarkets offers a selection of trading products primarily focused on forex. The broker provides access to a range of currency pairs, although the exact number of available pairs is not specified. Major currency pairs likely include popular options such as EUR/USD, GBP/USD, and USD/JPY, which are standard in the forex market.

  In addition to forex, Gainfxmarkets is expected to offer Contracts for Difference (CFDs) across various asset classes. These may include indices, commodities, stocks, and cryptocurrencies, providing traders with a diverse portfolio to choose from. However, detailed information about the specific categories of CFD products available is limited.

  The broker appears to update its product offerings periodically, although no specific frequency or details about newly added products are available. Gainfxmarkets aims to cater to retail traders, but there is no mention of services tailored specifically for institutional clients or white-label solutions.

  While the broker promotes its commitment to providing a comprehensive trading experience, the lack of information regarding asset management services or specialized products raises questions about the depth of its offerings.

  The gainfxmarkets broker seeks to provide varied trading options to meet the needs of its clients, but the limited details available may require potential users to inquire further for clarity on specific products.

  

4. Trading Platforms and Technology

  Gainfxmarkets supports trading through its proprietary platform, which is designed to be user-friendly and accessible. While specific details about the platform's features are not extensively outlined, it is expected to offer a seamless trading experience for users.

  The broker does not appear to support popular trading platforms such as MetaTrader 4 or MetaTrader 5, which are commonly favored by traders for their extensive capabilities. Instead, Gainfxmarkets focuses on its own platform, which may include essential trading tools and features tailored to enhance user experience.

  For traders who prefer web-based solutions, Gainfxmarkets offers a platform accessible via standard web browsers, eliminating the need for software downloads. This approach emphasizes convenience and allows traders to engage in the market from various devices, including desktops and laptops.

  Mobile trading is also supported, with applications available for both iOS and Android devices, enabling users to trade on the go. The broker's execution model is not explicitly stated, but it is assumed to operate under standard market-making or STP conditions.

  The technical infrastructure of Gainfxmarkets includes server locations that facilitate efficient order execution. However, specific details about server locations and the overall technological framework are not provided.

  Additionally, there is no mention of API access or automated trading support, which are essential features for algorithmic traders.

  Overall, the gainfxmarkets broker aims to offer a robust trading platform, but the lack of specific details may require potential clients to explore further before committing to the broker's services.

  

5. Account Types and Trading Conditions

  Gainfxmarkets provides several account types designed to cater to various trading preferences and capital requirements. The available accounts include:

  • Bronze Account: Requires a minimum deposit of $1,000, offering basic trading features.
  • Silver Account: Requires a minimum deposit of $5,000, providing additional benefits compared to the Bronze account.
  • Gold Account: Requires a minimum deposit of $10,000, with more advanced features and support.
  • Ultimate Account: Requires a minimum deposit of $50,000, aimed at high-net-worth individuals seeking premium services.

  The broker's trading conditions vary by account type, including differences in spreads and commissions, though specific figures are not disclosed. The leverage offered by Gainfxmarkets can reach up to 1:400, allowing traders to control larger positions with relatively smaller capital. However, traders should be aware of the risks associated with high leverage.

  The minimum trading lot size and overnight fee policies are not explicitly stated in the available information, which may be a consideration for potential clients. Moreover, there is no mention of the availability of Islamic accounts or specific account types for corporate clients.

  Gainfxmarkets also offers a demo account option, allowing traders to practice and familiarize themselves with the platform before committing real funds. However, specific policies regarding the demo account's features and limitations are not provided.

  In summary, the gainfxmarkets broker presents a range of account types to suit different traders, but the lack of detailed information on trading conditions may require further inquiry from interested individuals.

  

6. Fund Management

  Gainfxmarkets supports a limited range of deposit methods for its clients. The available options typically include bank transfers, credit cards, and potentially electronic wallets. However, specific details regarding the supported payment methods are not thoroughly outlined.

  The minimum deposit requirement varies by account type, with the Bronze account starting at $1,000. The processing time for deposits is not clearly specified, which may vary depending on the chosen payment method.

  Regarding deposit fees, there is no explicit information available, suggesting that traders may need to confirm this directly with the broker. Withdrawal methods are similarly limited, with bank transfers being the primary option, but further details on withdrawal restrictions or specific processing times are not provided.

  Withdrawal processing times can vary, and the broker does not disclose information about any associated fees for withdrawals. This lack of clarity may raise concerns for potential clients regarding the overall ease of accessing their funds.

  In summary, the gainfxmarkets broker offers basic fund management options, but the limited information available may necessitate direct communication with the broker for comprehensive details.

  

7. Customer Support and Educational Resources

  Customer support at Gainfxmarkets is accessible through various channels, including email and potentially phone support. However, specific contact details, including telephone numbers and live chat options, are not disclosed in the available information.

  The service hours and time zone coverage for customer support are not specified, which could impact traders who require assistance outside of standard business hours. While the broker aims to provide support, the absence of detailed contact information may hinder accessibility for some clients.

  Gainfxmarkets reportedly offers support in multiple languages, although specific languages supported are not listed. This could affect traders from diverse backgrounds who may require assistance in their native language.

  In terms of educational resources, Gainfxmarkets appears to provide limited offerings. There is no mention of webinars, tutorials, or eBooks to help traders enhance their knowledge and skills. Market analysis services, including daily updates, news, and research reports, are also not explicitly outlined.

  The broker does not provide a comprehensive suite of trading tools, such as calculators, economic calendars, or signal services, which are essential for traders seeking to improve their trading strategies.

  Overall, the gainfxmarkets broker aims to support its clients, but the lack of detailed information on customer support and educational resources may require prospective traders to seek additional information before engaging with the broker.

  

8. Regional Coverage and Restrictions

  Gainfxmarkets primarily serves clients in the United States, focusing on the retail forex market. However, specific details regarding regional offices and their distribution are not disclosed in available sources.

  The broker does not accept clients from certain countries, although a comprehensive list of restricted jurisdictions is not provided. Potential clients should verify their eligibility to open an account with Gainfxmarkets based on their country of residence.

  Additionally, there may be special restrictions regarding the services offered to specific regions, but detailed information on this aspect is lacking.

  In summary, the gainfxmarkets broker targets the U.S. market, but potential clients should conduct thorough research to understand any limitations on account opening based on their geographical location.

  In conclusion, Gainfxmarkets presents a range of features and services aimed at forex trading, but the lack of detailed information in several key areas raises questions about its overall credibility and reliability. Potential clients should exercise caution and conduct thorough research before engaging with this broker.

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Latest Reviews

Masego makoloi

Masego makoloi

South Africa

Good Day I made an investment with this company called gainfxmarkets, when I joined I was told I will get my profits after 48 hours but instead of getting it they first asked for conversation fees , after that they asked for ATM card money as they claimed that their platform uses a special card , then they asked for delivery fees , now when I ask them to refund me they are refusing, they say I should first send R50,000 please help as I have lost about R300,000 and I am in debts

Exposure

2021-07-07

FX8960475522

FX8960475522

South Africa

I deposited R2100 on luno and transferred to gainfxmarkets.com it was $1200 but on withdrawal day $3200 I was unable to withdraw my profit they say I must pay more money R10000 to get my profit please .

Exposure

2021-05-29

GainfxMarkets Forex Broker has an overall rating of 1.50, Regulatory Index 0.00, License Index 0.00, Business Index 6.93, Software Index 4.00 Risk Control Index 0.00.
GainfxMarkets