GSI Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.gsimarkets.com/member-dashboard/dashboard-registration/, about the company's legal and temporary regulatory information, the company's address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960.
GSI Markets Forex Broker
Basic information
Marshall Islands
5-10 years Suspicious Regulatory License White label MT4 Regional Brokers High potential riskCompany profile
GSI Markets Information
GSIMarkets specializes in online foreign exchange trading and is a foreign exchange and CFD broker, serving customers in more than 120 countries around the world. The margin range is from 0.20% to 5%. ECN connects major brokerage firms and individual traders and earns revenue by charging a fee for each transaction. GSIMarkets provides clients with various ways to fund their accounts, including credit cards, e-wallets, and wire transfers.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Unregulated |
| Demo account available | MT4/MT5 unavailable |
| Various tradable instruments | Negative comments about scams |
Is GSI Markets Legit?
GSI Markets is not regulated, making it less safe than regulated brokers.
What Can I Trade on GSI Markets?
GSI Markets offers various market instruments, including commodities, CFD, indices, and currencies.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| CFD | ✔ |
| Indices | ✔ |
| Currencies | ✔ |
| Forex | ❌ |
| Stocks | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
GSI Markets has three account types: silver ECN, gold ECN, and platinum ECN accounts. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders. Monthly first deposit bonus up to 15% up to $2,000 bonus.
| Account Type | Supported |
| Silver ECN | ✔ |
| Gold ECN | ✔ |
| Platinum ECN | ✔ |
Trading Platform
AnyDesk is a software application that has many features including remote control, desktop sharing, and file transfer between computers. It is available for Windows and Mac versions.
| Trading Platform | Supported | Available Devices | Suitable for |
| AnyDesk | ✔ | Windows/Mac | All traders |
Deposit and Withdrawal
The first deposit amount must be $250 or above. GSI Markets accepts Wire/Bank Transfer, Online Bank Transfer, and Credit/Debit Cards for deposit and withdrawal. The general transfer processing times are up to 1 business day and the withdrawal arrival time is within 5 business days.
| Method | Wire/Bank Transfer | Online Bank Transfer | Credit/Debit Cards |
| General processing time | 1 business day | 1 business day | 1 business day |
| Withdrawal arrival time | 2-3 business day | 2-3 business day | 3-5 business day |
Rating Index
ISLAMIC ACCOUNT
PLATINUM ECN ACCOUNT
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Latest Reviews
FX2631940453
Venezuela
The broker promised high profits at first but when I earned money, I was unable to withdraw.
Exposure
2021-08-31
FX2443242352
Paraguay
The man called Mauricio Cuevas led me to investment and I deposited $200. Then I lost contact with him. Please help. It was a scam.
Exposure
2021-08-23
Mim Prachumphan
Singapore
To be honest, when I choose a forex broker, I will choose those who provide MT4, but this does not mean that this is my only criterion. On the contrary, I have many factors to consider, the most important of which is safety. And GSI doesn't seem to meet my requirement.
Neutral
2023-02-22