Gathersun International Forex Broker

Gathersun International Forex Broker - Complete Information Guide

1. Broker Overview

　　Gathersun International, officially known as Gathersun International Investment Management Co., Ltd., was established in 2018. The company is headquartered in the United Kingdom, aiming to serve a diverse clientele in the financial trading sector. As a private entity, Gathersun International focuses primarily on retail forex trading, catering to individual traders looking for opportunities in the global forex market.

　　Since its inception, Gathersun International has aimed to provide a user-friendly trading environment, offering various financial instruments and trading platforms. The company has been involved in expanding its market reach and enhancing its service offerings, although it has faced scrutiny regarding its regulatory compliance and business practices.

　　Gathersun International operates with a business model that emphasizes retail forex trading, providing clients with access to a range of financial products, including currency pairs, CFDs, and other derivatives. The company's commitment to developing a robust trading platform and customer support infrastructure has been a significant focus as it seeks to establish itself in the competitive forex market.

2. Regulatory and Compliance Information

　　Gathersun International currently operates without any valid regulatory licenses, which raises significant concerns regarding its legitimacy and the safety of client funds. The absence of regulatory oversight means that it is not subject to the stringent compliance requirements typically imposed by financial authorities.

　　The company has no known affiliations with major regulatory bodies, which is a critical red flag for potential investors. Without a regulatory framework, clients may face challenges in recovering funds in the event of disputes or financial mishaps.

　　Gathersun International does not participate in investor compensation schemes, further highlighting the risks associated with trading on its platform. The lack of a robust KYC (Know Your Customer) and AML (Anti-Money Laundering) policy is also concerning, as it could expose clients to potential fraud and financial crimes.

3. Trading Products and Services

　　Gathersun International offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to a selection of over 50 currency pairs, including major, minor, and exotic pairs, catering to traders with different strategies and preferences.

　　In addition to forex trading, Gathersun International also offers Contracts for Difference (CFDs) on various asset classes, including:

• Indices: Major global indices allowing traders to speculate on market movements.
• Commodities: A range of commodities, including precious metals and energy products.
• Stocks: CFDs on selected global stocks, providing exposure to equity markets.
• Cryptocurrencies: A limited selection of cryptocurrency CFDs, enabling traders to tap into the digital asset market.

　　The company frequently updates its product offerings, aiming to introduce new trading instruments to meet the evolving needs of its clients. Gathersun International also focuses on providing retail trading services, although it has yet to establish a significant presence in institutional trading or asset management services.

4. Trading Platforms and Technology

　　Gathersun International supports the widely used MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and extensive trading tools. The platform is favored by many traders for its advanced charting capabilities, technical analysis tools, and automated trading options.

　　In addition to MT4, Gathersun International offers a proprietary web-based trading platform that allows users to trade directly from their browsers. The platform is designed to be intuitive, providing essential trading features without the need for downloads.

　　Mobile trading is also supported, with applications available for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The broker utilizes a hybrid execution model, combining ECN (Electronic Communication Network) and STP (Straight Through Processing) to facilitate trade execution.

　　Gathersun International's servers are located in secure data centers, ensuring reliable connectivity and minimal downtime. The broker also offers API access for traders interested in algorithmic trading, allowing for automated strategies and custom trading solutions.

5. Account Types and Trading Conditions

　　Gathersun International provides several account types to accommodate different trading preferences and investment levels. The primary account options include:

• Standard Account: This account typically requires a minimum deposit of $250, offering competitive spreads and no commission on trades.
• VIP Account: Designed for high-volume traders, this account offers lower spreads and additional benefits, such as priority customer support.
• Islamic Account: Available for clients adhering to Sharia law, this account type does not incur interest fees.
• Demo Account: Gathersun International provides a demo account for new traders to practice without risking real money.

　　Leverage ratios offered by Gathersun International vary across different asset classes, with forex trading allowing leverage up to 1:500. The minimum trade size is generally set at 0.01 lots, enabling traders to enter positions that align with their risk management strategies.

　　Overnight fees, or swap rates, are applicable to positions held beyond the trading day, with rates varying based on the asset class and market conditions.

6. Fund Management

　　Gathersun International supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account starting at $250.

　　Deposits are typically processed within 1-3 business days, depending on the method chosen. Gathersun International does not charge deposit fees, making it accessible for traders to fund their accounts.

　　Withdrawals can be made through the same methods used for deposits, with specific limits and processing times depending on the chosen withdrawal method. The broker aims to process withdrawal requests within 1-5 business days, although clients have reported delays in some cases.

　　Withdrawal fees may apply, particularly for certain payment methods, which can affect the overall cost of trading with Gathersun International.

7. Customer Support and Educational Resources

　　Gathersun International offers customer support through various channels, including email, live chat, and phone. Support is available during business hours, with a focus on providing timely assistance to traders.

　　The broker supports multiple languages, catering to an international clientele. However, the availability of customer support in specific languages may vary.

　　Educational resources provided by Gathersun International include webinars, tutorials, and e-books aimed at helping traders improve their skills and knowledge. Market analysis services are also offered, including daily market updates, news, and research reports to assist traders in making informed decisions.

　　Trading tools such as calculators, economic calendars, and signal services are available to enhance the trading experience for clients.

8. Regional Coverage and Restrictions

　　Gathersun International primarily serves clients in Europe, Asia, and the Middle East. The company has established a presence in these regions, aiming to attract a diverse range of traders.

　　However, Gathersun International does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions. This limitation is essential for compliance with local regulations and to mitigate legal risks.

　　The broker's regional offices are strategically located to provide support and services tailored to local markets, although specific details about these offices are not extensively documented.

　　In conclusion, while Gathersun International offers various trading products and services, the lack of regulatory oversight and compliance raises significant concerns for potential investors. Traders should exercise caution and conduct thorough research before engaging with this broker.