What is GSI Markets？

GSI Markets is a Forex trading broker operated by Media Force Limited, founded in 2013 and registered in the Marshall Islands. It claims to specialize in online Forex trading, converting on a leading FX and CFD broker for clients in more than 120 countries worldwide. Providing services through MetaTrader 4, It offers a demo account. The maximum leverage available is 1:100, and the minimum deposit required is $250, with margin requirements ranging from 0.20% to 5%. Notably, GSI Markets operates without any regulations.

Pros & Cons

Pros:

Diverse Market Instruments: GSI Markets offers a wide range of market instruments, including stocks, cryptocurrencies, indices, forex, and commodities, providing traders with various options for diversification.

Demo Account Availability: Traders can access a demo account, allowing them to practice trading strategies and familiarize themselves with the platform without risking real money.

Multiple Contact Channels: The broker provides multiple contact channels, including seven telephone numbers, email, and other social platforms, making it easier for traders to reach customer support when needed.

Cons:

No Regulation: GSI Markets operates without any regulatory oversight, which is a huge red flag for the safety of funds and the reliability of the broker.

Exposure Labeled as Unable to Withdraw: There are five pieces of exposure labeled as unable to withdraw, which indicates a risk that traders face issues with withdrawing their funds.

Is GIS Markets Safe or Scam？

The most glaring red flag is the complete lack of regulation. This raises significant concerns about the safety of your funds, the fairness of their trading practices, and the potential for scams or manipulative activities.

Furthermore, the existence of exposures labeled as “unable to withdraw” is incredibly alarming. This suggests that some users have encountered difficulties withdrawing their funds, raising the possibility of encountering similar issues yourself.

Market Instruments

GSI Markets offers a wide array of market instruments for traders to engage with, catering to the varying trading preferences and strategies of its clients.

Stocks: You can access shares of publicly traded companies, enabling them to invest in the performance of individual companies.

Cryptocurrencies: The platform offers trading in digital currencies like Bitcoin, Ethereum, and others, allowing traders to participate in the dynamic and evolving cryptocurrency market.

Indices: GSI Markets provides access to major stock market indices, offering exposure to broader market performance.

Forex: The broker facilitates trading in the foreign exchange market, allowing traders to trade currency pairs and take advantage of fluctuations in exchange rates.

Commodities: You can also trade in commodities such as precious metals, energy, and agricultural products, providing diversification opportunities beyond traditional asset classes.

Account Types

GSI Markets offers traders three different live account types: Silver ECN, Gold ECN, and Platinum ECN accounts.

The Silver ECN account requires a minimum deposit of 250 USD and has a withdrawal time of 7 days. To acquire a Silver Account, traders must either trade 300 aggregated lots or reach total deposits of $1,000 to $10,000. To maintain the Silver Account, traders must continue to trade 150 lots quarterly.

The Gold ECN account offers a first deposit bonus of 10% up to 1,000 USD and has a withdrawal time of 3 days. To acquire a Gold Account, traders must either trade 2,000 aggregated lots or reach total account equity of $10,000 to $75,000. Gold account holders must trade a minimum of 600 lots quarterly to keep the account in good standing.

The Platinum ECN account provides a first deposit bonus of 15% up to 2,000 USD and has a withdrawal time of 3 days. To acquire a Platinum Account, traders must either trade 10,000 aggregated lots or reach total deposits of $75,000 and above. The Platinum Account is targeted at traders with higher trading volumes and account sizes.

How to Open a GSI Markets Account？

Step 1: Open an account by going to the broker's website: https://www.gsimarkets.com/.

Step 2: All you have to do is fill in the information in the box that says QUICK START. Once this is done, click on OPEN A REAL ACCOUNT which will take you to a page that says REGISTER ACCOUNT.

Step 3: Fill in your details, create a password, check the terms and conditions box and all other related boxes then click on CREATE MY ACCOUNT.

Step 4: You are now on your home page and can make a deposit online using your credit card. All you need to do is complete the DEPOSIT INFORMATION and click on the DEPOSIT NOW button.

Leverage

GSI Markets offers leverage of up to 1:100 for you. Leverage allows you to control a larger position size with a relatively small amount of capital. For example, with a 1:100 leverage, you can control a position of $10,000 with a deposit of only $100. While leverage can amplify profits, it also increases the risk of losses, as losses are also magnified in proportion to the leverage used.

Spreads & Commissions

GSI Markets distinguishes itself by offering trading with zero commissions. This means that you will not incur additional charges for each trade placed through the platform. However, while there are no commissions, you should consider the impact of spreads on the trading costs, which is not present on the official website.

Trading Platforms

GSI Markets offers the MetaTrader 4 (MT4) trading platform, which is widely regarded as one of the best in the industry. MT4 is known for its user-friendly interface, advanced charting tools, and customizable features. It also offers automated trading capabilities through Expert Advisors (EAs) and a wide range of technical indicators.

Additionally, the GSI Markets mobile app provides traders with access to the mobile version of MT4. While the mobile version may lack some of the features found in the desktop version, it offers several benefits, including increased flexibility and the ability to trade on the go. The mobile app is available for both Android and iOS systems, allowing traders to access their accounts and trade from their smartphones or tablets.

Trading Tools

GSI Markets provides traders with a comprehensive set of trading signals and tools designed to enhance their trading experience and improve decision-making.

• Indicators

Impulse MACD: This indicator combines three moving averages to visually represent market momentum on a chart. It helps traders identify potential buy or sell signals based on the convergence or divergence of these moving averages.

SHI Channel True: This indicator displays dynamic moving channels on a chart. It identifies fractal points in price history, connects them with lines, and draws parallel lines to create channels. You can use these channels to identify potential support and resistance levels.

Stretch Breakout Channel: This indicator helps you identify breakout opportunities by plotting channels based on recent price action. Breakouts above or below these channels may signal potential trading opportunities.

Variation Index: This indicator measures the variation in price movements over a specified period. It helps you gauge the volatility of an asset and can be used to identify potential trend changes.

ZeroLag MACD: This indicator is a modified version of the MACD (Moving Average Convergence Divergence) indicator that aims to reduce lag and provide more timely signals. It can help you identify trend reversals and momentum shifts.

• Economic Calendar

This tool provides you with a schedule of important economic events and announcements that may impact financial markets. It includes key indicators such as GDP releases, interest rate decisions, and employment reports, helping you make informed trading decisions based on fundamental analysis.

• Technical Signals

These signals are generated by technical analysis tools and indicators, such as those mentioned above. They provide insights into potential buy or sell opportunities based on price movements, trends, and other technical factors.

• Calculators

Profit Calculator: This tool helps you calculate potential profits or losses based on their trading position size, entry price, and exit price.

Margin and Pip Calculator: These calculators help you determine the margin required for a trade and calculate the value of a pip, which is the smallest price movement in a currency pair.

• BTC Signals

These signals are specific to Bitcoin (BTC) trading and provide insights into potential buy or sell opportunities in the Bitcoin market. You can use these signals to make informed decisions when trading Bitcoin.

Deposits & Withdrawals

To deposit money into your GSI Markets trading account, you can log in to your account using the email and password you provided during registration. Once logged in, navigate to the Members Area and click on the “Deposit” tab. From the dropdown menu, select your preferred deposit method, which can include Credit Cards, e-Wallets, or Wire Transfers. Follow the on-screen instructions to complete the deposit process.

Withdrawing money from your GSI Markets account is also straightforward. Log in to your account and navigate to the Members Area. Click on the “Withdraw” tab to access the withdrawal section. Fill out the withdrawal form with the required information, ensuring that all your verification documentation is in order. Withdrawals will be returned to the credit cards from which the charge was made, and profits above the invested amount will be transferred to your personal bank account. Wire transfers will take up to 7 business days due to intermediary financial processors.

Customer Service

The broker provides multiple contact options, including telephone support with dedicated numbers for various regions.

• +(44) 203 150 1767 (United Kingdom)

• +(55) 213 50 01808 (Brazil)

• +(56) 229 381 559 (Chile)

• +(57) 601 5141319 (Colombia)

• +(502) 237 84653 (Guatemala)

• +(52) 558 421 0153 (Mexico)

• +(507) 833 7744 (Panama)

In addition to telephone support, traders can also contact the customer support team via email at info@gsimarkets.com.

For traders who prefer real-time assistance, GSI Markets offers a live chat feature on their website.

GSI Markets also maintains an active presence on social media platforms such as Facebook, Twitter, YouTube, Google+, and Telegram. These platforms serve as additional channels for traders to interact with the customer support team, stay updated on news and announcements from the broker, and engage with other traders in the community.

Conclusion

GSI Markets provides a range of trading instruments and account options, but there are significant issues that impact your trading experience. The lack of regulatory oversight and reports of exposure labeled as “unable to withdraw” are both red flags that jeopardize your financial security. We advise against using GSI Markets and it is better to choose a broker with a clear track record and regulation from a reputable financial authority.

Frequently Asked Questions (FAQs)

Q: Is GSI Markets regulated？

A: No.

Q: What trading platforms does GSI Markets offer？

A: GSI Markets offers MetaTrader 4, including a desktop version, a web-based version, and a mobile trading app.

Q: What is the minimum deposit required to open an account with GSI Markets？

A: $250.

Q: Does GSI Markets offer a demo account？

A: Yes.

Q: What is the maximum leverage offered by GSI Markets？

A: 1:100.

Q: What are the available methods for deposit and withdrawal？

A: GSI Markets offers various methods for deposit and withdrawal, including Credit Cards, e-Wallets, and Wire Transfers.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Overview of GMO CLICK

GMO CLICK is a regulated institution in Japan that offers various financial services. It holds a retail forex license and is regulated by the Financial Services Agency. The company provides a range of market instruments, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading.

To open an account with GMO CLICK, individuals can visit their website and choose the type of account they want to open. The company offers different account options based on the desired trading activities. Users need to fill out an application form, provide personal information, agree to terms and conditions, and submit the completed application.

GMO CLICK offers trading platforms for various devices, including computers, smartphones, and smartwatches. They provide different payment methods for depositing funds, including internet banking, ATMs, and financial institution counters. The company has customer support available through phone, inquiry forms, direct mail, and social media channels.

While GMO CLICK is regulated and offers a range of financial services, it's important to verify the information provided and contact the company directly for the most accurate and up-to-date details regarding their services, regulations, and account opening procedures.

Pros and Cons

GMO CLICK offers a range of financial services, including stock trading, investment trusts, futures options, FX trading, forex options, currency exchange trading, CFDs, stock index binary options, and bond trading. The company is regulated and provides a variety of trading platforms for different devices. They have multiple payment methods available for depositing funds, and customer support is offered through various channels. However, it's important to note that GMO CLICK has certain limitations, such as the absence of trading software according to the provided information. Additionally, specific trading activities may have designated acceptance times, and withdrawals are supported only for GMO CLICK Securities accounts and financial institution accounts with the same name. It's advisable to verify the current details and contact GMO CLICK directly for more accurate and updated information.

Is GMO CLICK Legit？

Based on the information provided, GMO CLICK is a regulated institution in Japan. It holds a retail forex license and is regulated by the Financial Services Agency. The license number is “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

However, it's important to note that the information you provided also states that GMO CLICK does not have a trading software according to the current data. This could imply that there may be some limitations or restrictions on their services. It's advisable to verify this information with updated and reliable sources or contact GMO CLICK directly for more accurate and detailed information regarding their regulatory status and available services.

Market Instruments

GMO CLICK Securities offers a range of market instruments:

STOCK: GMO CLICK Securities offers stock trading services at low prices, providing investors with access to the stock market.

INVESTMENT TRUST: The company offers a selection of investment trusts, making it easy for investors to choose funds that have been carefully curated by GMO CLICK Securities.

FUTURES OPTIONS: GMO CLICK Securities provides futures options trading with industry-leading low fees, allowing investors to participate in this market.

FX NEO (OVER-THE-COUNTER TRADING): GMO CLICK Securities offers enhanced trading tools and a low-cost, comfortable FX trading experience for investors.

FOREX OPTIONS: Investors can engage in forex binary options trading through GMO CLICK Securities, which offers a user-friendly interface for easy operation.

CLICK 365 (EXCHANGE TRADING): GMO CLICK Securities provides a wide range of currency pairs for FX exchange trading through the Click 365 platform.

CFDs: Japanese investors can choose from a variety of CFDs (Contracts for Difference) offered by GMO CLICK Securities.

STOCK INDEX BINARY OPTIONS: GMO CLICK Securities offers stock index binary options, allowing investors to engage in this type of trading with ease.

BOND: GMO CLICK Securities facilitates the trading of overseas high-interest bonds, providing investors with access to this asset class.

Account Types

1. FXneo: This account type is for Forex trading. It allows customers to trade in the Forex market.

2. AnyForex OP: This account type is for Forex options trading. It enables customers to trade options in the Forex market.

3. AnyCFDs: This account type is for CFD (Contract for Difference) trading. It allows customers to trade CFDs.

4. AnyIXOP: This account type is for stock index binary options trading. It enables customers to trade binary options based on stock indexes.

5. Brokerage account: This account type provides tradeable services for various types of transactions, including stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO (Binary Options), and bonds.

6. Securities Connect Account (Bank Linkage): This account type allows customers to open a securities trading account by filling in a single page without requiring an application form. Transactions can start after a minimum of 2 business days. Initial settings registration is required upon the first login.

7. Forex Trading Account: This account type is specifically for FX trading and Foreign exchange OP. It offers tradeable services for FX neo, Forex OP, and 365FX. Opening an FX trading account is faster than a brokerage account and does not require an application form. Customers can switch to a securities trading account from the member page without any difference in trading terms.

8. Corporate Customers: GMO CLICK also provides corporate account opening services for corporate customers.

How to Open an Account？

To open an account with GMO CLICK, follow these steps:

1. Visit the GMO CLICK website and click on the “Account Opening” option.

1. Choose the type of account you want to open from the available options, such as stock, investment trust, futures OP, FX neo, Forex OP, 365FX, CFDs, BO, bond, or Securities Connect Account (Bank Linkage).

2. If you select the Securities Connect Account (Bank Linkage), you can start demo trading by tapping “Start demo trading” on the login screen without registering an account.

1. Fill in the required information on the application form. This typically includes personal details such as name, contact information, address, date of birth, sex, post code, telephone number, and email address.

1. Provide nationality information, indicating whether you have Japanese nationality or nationality other than Japan. Note that accounts cannot be opened by individuals holding U.S. citizenship.

2. Specify if you have any U.S. tax liability, whether you are an important foreign public figure or a relative of one, and your country of residence.

1. Choose your preferences regarding the delivery of email news and direct mail from GMO CLICK.

2. If you wish to open a specific account, select the appropriate options for FX trading, forex options trading, CFD trading, or stock index binary options trading.

1. Read and agree to the terms and conditions and other regulations pertaining to account opening and trading activities.

2. Review the documents to be delivered before concluding a contract for securities and CFD transactions, and agree to their terms.

3. Confirm that the information entered in the application is accurate and certify that it is provided by the account holder or an authorized representative.

4. Submit the completed application.

Spreads & Commissions

GMO Click offers spreads on various currency pairs. The spreads for USD/JPY are 0.2 pips, for EUR/JPY they are 0.5 pips, for GBP/JPY they are 1.0 pips, for AUD/JPY they are 0.7 pips, for EUR/USD they are 0.4 pips, and for GBP/USD they are 1.0 pips. These spreads indicate the difference between the buying and selling prices of these currency pairs.

When trading Nikkei 225 options, GMO Click charges a minimum commission of 0.152% of the contract price. Additionally, there is a minimum commission fee of 214 yen applicable for these trades. The commission is calculated based on the percentage of the contract price and ensures that the broker earns revenue from facilitating these options trades.

GMO Click provides free trading services for certain types of trading instruments. Forex options trading, stock index binary options trading, and CFD (Contract for Difference) trading do not incur any charges. This means that traders can engage in these types of trading activities without paying commissions or fees to GMO Click.

Deposit & Withdrawal

GMO CLICK offers an instant deposit service that allows customers to transfer funds immediately. The service supports transfer deposits via ATMs and bank counters, and withdrawals are also free of charge. The minimum withdrawal amount is 10,000 yen, and the maximum withdrawal amount is 100 million yen. However, if the balance is below 10,000 yen, the entire balance will be withdrawn at once.

It's important to note that withdrawals are only supported for GMO CLICK Securities accounts and financial institution accounts with the same name. The amount that can be withdrawn in one operation ranges from ¥10,000 to ¥100,000,000.

GMO CLICK provides bank accounts for each customer, including GMO Aozora Net Bank and Mitsubishi UFJ Bank. When making a transfer from a bank counter or ATM, customers are required to make a payment to their bank account. Please be aware that the transfer source is limited to domestic branches of financial institutions.

GMO CLICK provides various options for customers to deposit funds. Those using internet banking can take advantage of the immediate deposit service, which allows for instant fund transfers without any commission fees. Deposits made through ATMs or financial institution counters are also free of commission, and customers can perform these transactions using their computers or smartphones. Additionally, GMO CLICK offers the option to deposit funds from the Securities Connect account of GMO Aozora Net Bank, and this service is commission-free and can be accessed through a computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

In terms of withdrawals, GMO CLICK does not charge any commission, and customers can initiate the withdrawal process through the GMO CLICK Securities member page. This can also be done through their smartphone app.

Trading Platforms

GMO Click offers a variety of trading platforms, including FX neo for high-performance FX trading on computers, Hatchu-kun FX Plus for rate delivery and execution speed, and FXWatch! for checking rates and charts on smartwatches. They also provide CFD trading apps, such as GMO Click CFDs and Hatchu-kun CFD, along with stock trading apps like GMO Click stock and GMO Click Stock for iPad. Super Hatchu-kun is a comprehensive tool for stock/futures OP trading. Traders can also access smartphone browser-based platforms for Forex OP, stock trading, and binary options. Additionally, there are iPhone and Android apps available for Click 365 trading. Transactions can be conducted on a PC browser using the WEB transaction screen.

Payment Methods

GMO CLICK offers a range of payment methods for customers to deposit funds. These include options such as Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Customers can utilize internet banking services to make immediate fund transfers without incurring any commission fees. Deposits can be made through ATMs or financial institution counters, and these transactions are also commission-free. The method of depositing funds through computers or smartphones is provided. GMO CLICK also facilitates deposits from the Securities Connect account of GMO Aozora Net Bank, with no commissions and accessibility via computer. For customers investing in mutual funds, the investment trust reserve fee is automatically deducted monthly from the designated financial institution account.

Trading Hours

GMO CLICK offers customer support through various channels and during specific time frames. The call center is available from 8:00 until close and provides assistance for trading inquiries. Trading platforms like Super Hatchu allow login access from 0:00 to 24:00, excluding maintenance time. Specific acceptance hours are set for immediate deposits, transfers, and order placements based on different types of trading accounts. Support for mutual fund trading is available from 6:30 to 15:00 and 17:00 to 3:30. For futures, options, forex, Click 365, and CFD trading, there are designated acceptance times. Forex Neo and forex options trading have 24-hour availability, while CFD trading is open from Monday to Friday, 8:00 am to 7:00 am the next day. Bond trading hours vary for domestic and foreign bonds. It's important to be aware of these time frames when seeking customer support or engaging in trading activities with GMO CLICK.

Customer Support

1. FAQ: GMO CLICK provides a Frequently Asked Questions (FAQ) section on their website. Traders can enter keywords related to their inquiries and search for relevant information. The FAQ covers various topics, including account login, password recovery, deposit/withdrawal methods, tax information, and more.

2. Inquiries by Phone: Traders can reach out to GMO CLICK's customer support team via phone. The contact number for Japanese customers is +81 0120727930.

3. Inquiries Using the Inquiry Form: GMO CLICK offers an inquiry form for customers to submit their questions or concerns. This form allows traders to seek assistance or clarification on various aspects of their trading experience.

4. Direct Mail (DM): GMO CLICK provides the option of contacting customer support through direct mail. Customers can use this method to address specific issues, such as suspension procedures, inheritance procedures, or other account-related matters.

5. Responding to Opinions and Requests: GMO CLICK acknowledges and values customer feedback. They have a system in place to respond to opinions and requests, allowing traders to provide input on their services and suggest improvements.

6. Business Operation System for Complaints and Disputes: GMO CLICK has a business operation system designed to handle complaints and resolve disputes. They outline the procedures and mechanisms through which customer concerns can be addressed.

7. Social Media Presence: GMO CLICK maintains a presence on social media platforms such as Twitter (https://twitter.com/GMO_ClickSec_PR) and Facebook (https://www.facebook.com/gmoclicksec). Traders can connect with them through these channels to stay updated and potentially reach out for support.

Conclusion

In conclusion, GMO CLICK is a regulated institution in Japan that offers various market instruments such as stocks, investment trusts, futures options, forex options, CFDs, and more. It provides multiple account types and trading platforms to cater to different preferences. GMO CLICK's deposit and withdrawal options are diverse, allowing customers to choose from a range of payment methods. However, it's important to note that GMO CLICK does not have a trading software according to the available information, and there may be limitations or restrictions on their services. Traders should verify the current status of their offerings and contact GMO CLICK directly for detailed information. Additionally, the spreads and commissions may vary depending on the trading instruments, and customers should consider these factors when engaging in trading activities.

FAQs

Q: Is GMO CLICK a regulated institution？

A: Yes, GMO CLICK is a regulated institution in Japan and holds a retail forex license. It is regulated by the Financial Services Agency (FSA) with the license number “関東財務局長（金商）第77号” and the effective date of the license is September 30, 2007.

Q: What market instruments does GMO CLICK offer？

A: GMO CLICK Securities offers a range of market instruments including stocks, investment trusts, futures options, FX NEO (over-the-counter trading), forex options, CLICK 365 (exchange trading), CFDs (Contracts for Difference), stock index binary options, and bonds.

Q: How can I open an account with GMO CLICK？

A: To open an account with GMO CLICK, you can visit their website and click on the “Account Opening” option. Choose the type of account you want to open, fill in the required information on the application form, agree to the terms and conditions, and submit the completed application.

Q: What are the spreads and commissions charged by GMO CLICK？

A: GMO CLICK offers spreads on various currency pairs, and the commissions vary depending on the trading instrument. For example, the spreads for USD/JPY are 0.2 pips, and when trading Nikkei 225 options, there is a minimum commission of 0.152% of the contract price.

Q: What are the available payment methods for depositing funds with GMO CLICK？

A: GMO CLICK offers various payment methods including Rakuten Bank, MUFG, SMBC, Mizuho, SBI Sumishin Net Bank, ANN Seven Bank, JP Yucho Bank, Resona Bank, Aeon Bank, Jibun Bank, and Saitama Resona Bank, among others. Internet banking services and deposits through ATMs or financial institution counters are also available.

Q: What are the trading platforms offered by GMO CLICK？

A: GMO CLICK provides a variety of trading platforms including FX neo, Hatchu-kun FX Plus, FXWatch!, GMO Click CFDs, Hatchu-kun CFD, GMO Click stock, GMO Click Stock for iPad, Super Hatchu-kun, and smartphone browser-based platforms for Forex OP, stock trading, and binary options.

Q: What are the trading hours and customer support options provided by GMO CLICK？

A: GMO CLICK offers customer support through various channels during specific time frames. The call center is available from 8:00 until close, and support hours vary for different types of trading activities. Customer support options include FAQs, inquiries by phone, an inquiry form, direct mail, responding to opinions and requests, and a business operation system for complaints and disputes. GMO CLICK also has a social media presence on platforms like Twitter and Facebook.