GDS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.osigupters.com/register, about the company's legal and temporary regulatory information, the company's address .
GDS Forex Broker
Basic information
China
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: GDS's official website: https://www.osigupters.com/ is currently inaccessible normally.
GDS Information
GDS's website is not functional so far, even though we recorded opened website of this company before, there's no valid information available either. So we are still totally in the dark about its business scope, spanading condition or even contact channels. None of these necessary information are available through the internet, one only thing we can confirm is that the company has never been regulated any any recognized authorities.
Is GDS Legit？
The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.
Downsides of GDS
Unavailable website: GDS's website cannot be opened currently. We can't test their trading conditions and trading platforms.
Lack of transparency: The unavailable website and limited info through internet about the company leave traders in the dark about its current operational status and trading conditions.
Regulatory concerns: The absence of regulatory supervision indicates less customer protections and compliance to industry standards of the broker. Trading with GDS is of high risk.
Numerous exposures on WikiFX: There are 8 exposures on WikiFX about GDS, all are about scams and withdrawal issue.
Absence of customer service channels: GDS does not provide any info on contact ways. Reliable brokers never behave like this.
Negative GDS Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 8 piece of GDS exposure in total, I will introduct two of them.
Exposure 1. Scam
The investor from China Taiwan said she met some really handsome guy from a dating app but he asked her to invest with GDS and then told her to pay taxes.
Exposure 1. Unable to withdraw
| Classification | Unable to withdraw |
| Date | 2023-12-13 |
| Post Country | China Taiwan |
Another China Taiwan investor reported that when withdrawing with GSD, they will ask you to pay 20% of the funds to prove it.
Conclusion
To sum up, we recommend you to get rid of unreliable brokers like GDS who does not maintain functional website and customer service channels. Its unregulated status and customer complaints are also worrisome. Most irritating of all, there are numerous exposures about scam and withdrawal issues on WikiFX. All these factors indicate that the broker is untrustworthy and might be a scam broker. Choosing reputable and regulated alternatives is a smart decision to protect your money.
Rating Index
GDS Similarly Rated Brokers
Latest Reviews
楊謹賢
Taiwan
Let me tell you the ins and outs of this case. Okay, now the fraud has also been upgraded. In the beginning, I won’t even talk to you about investment in the private messages. They only chat about everyday things, making you really think that he and you are friends. Wait until he thinks you would be deceived, he will show you screenshots of his assets, saying that he has further research projects, and then slowly brainwash you to make you think that they make profits from transactions with poor information, and then he will say that he has recently There is a foreign exchange company who is researching when the price will rise. He will post the website to you and tell you what kind of foreign exchange it is. After reading the website, you will probably believe 50% of it, and then he will ask you questions and tell you that you can come after it is online. See if you don’t invest, you can be defrauded. The current value is tens of thousands of NT dollars. Now by March 5th, it has risen to more than 800,000 NT dollars. I’m really in pain and can’t get it out. I’ve been paying it every day for the past two weeks. I'm crying. Why have I made my life like this? I don't know what to do next. That's why I posted here. I hope netizens can give me some direction. Please. I'm trying my best to run takeaways to hold on, but I know this is not the case. It’s a good way to save money on daily meals. My salary is only a little and I live in Taipei and I have to pay rent. I was defrauded overnight. It’s really sad. I’m unemployed. How can I improve the current situation? I’m afraid of being poor so I believe in gangsters now. I really regret that people say that you can only make money by doing business. I really want to give it a try, but you have to have money to support it at the beginning. Now I have no money. How do I start over? I almost collapsed. Can’t contact him at all now.
Exposure
2024-03-15
Molly8050
Taiwan
I join a ticket lottery group. That group handles baby product selection, job introduction, ticket activities, and investment in high-profit plans. Then the CEO it will induce you to borrow a loan to participate in the investment plan, and you will see profits. , when you want to withdraw money later, it will be said that you made a mistake in withdrawing money and cannot withdraw the money. The customer service of this platform will ask you to join the fake customer service of the Financial Supervisory Commission, using the proper term "Special Law for Overseas Fund Remittance" to ask you to pay 20% tax, I continue to defraud you of your money, and in the end you lose all your money!
Exposure
2024-03-07
hung lee hare
Taiwan
The same routine. A handsome men scammed you on dating apps, asking you to invest and then telling you to pay taxes! I have been scammed twice in recent years! It’s really exaggerated. He is so handsome but didn’t go to work and came to defraud us of our money.
Exposure
2024-03-25