No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between GSI Markets and PBFX ?
In the table below, you can compare the features of GSI Markets , PBFX side by side to determine the best fit for your needs.
--
--
--
--
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of gsi-markets, pbfx lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
GSI Markets Review Summary | |
Founded | 2013 |
Registered Country/Region | Marshall Islands |
Regulation | No Regulation |
Market Instruments | Stocks, Cryptocurrencies, Indices, Forex, and Commodities |
Demo Account | Available |
Leverage | Up to 1:100 |
Trading Platforms | MetaTrader 4 |
Minimum Deposit | $250 |
Margin Requirements | Range from 0.20% to 5% |
Trading Tools | Indicators, Economic Calendar, Technical Signals, Calculators, and BTC Signals |
Customer Support | Tel: +(44) 203 150 1767, +(55) 213 50 01808, +(56) 229 381 559, +(57) 601 5141319, +(502) 237 84653, +(52) 558 421 0153, +(507) 833 7744 |
Email: info@gsimarkets.com | |
Facebook, Twitter, Youtube, Google+, and Telegram | |
Live Chat |
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 |
|
|
|
|
|
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.
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.
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.
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.
GSI Markets offers traders three different live account types: Silver ECN, Gold ECN, and Platinum ECN accounts.
Account Type | Silver ECN Account | Gold ECN Account | Platinum ECN Account |
Minimum Deposit | $250 | - | - |
First Deposit Bonus | No | 10% up to 1,000 USD | 15% up to 2,000 USD |
Withdrawal Time | 7 days | 3 days | 3 days |
Requirements to Acquire | Trade 300 aggregated lots or reach total deposits of $1,000 to $10,000 | Trade 2,000 aggregated lots or reach total account equity of $10,000 to $75,000 | Trade 10,000 aggregated lots or reach total deposits of $75,000 and above |
Requirements to Maintain | Trade 150 lots quarterly | Trade 600 lots quarterly | - |
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.
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.
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.
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.
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.
GSI Markets provides traders with a comprehensive set of trading signals and tools designed to enhance their trading experience and improve decision-making.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 contained in this article is for general information purposes only.
PBFX Review Summary in 10 Points | |
Founded | N/A |
Registered Country/Region | New Zealand |
Regulation | FSPR/ASIC (General Registration) |
Market Instruments | Forex, stock, commodities, oil & gas, cryptocurrencies |
Demo Account | Available ($10,000 virtual fund) |
Leverage | 1:1000 |
EUR/USD Spread | 1.7 pips |
Trading Platforms | MetaTrader4, MT4 IOS, MT4 Android, MT4 Mac, MT4 Windows |
Minimum deposit | $10 |
Customer Support | 24/5 live chat, phone, email |
PBFX is a provider of online trading services focused on Forex currency pairs, stocks, commodities, oil & gas, and cryptocurrencies through MT4 platform. Pribizco currently registered with the New Zealand Financial Service Providers Register (FSPR) and the Australian Securities & Investment Commission (ASIC).
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
PBFX has several notable pros and cons. On the positive side, PBFX offers a wide range of market instruments and flexible leverage options up to 1:1000, providing traders with various trading opportunities. Additionally, they have multiple account types to suit different trading needs through the leading MT4 platform.
However, there are also some drawbacks. There is limited information on spreads and commissions, which may be a concern for some traders. Additionally, the customer service contact options are limited, and the educational resources and tools provided by PBFX are also limited.
Pros | Cons |
• Richness of tradable assets | • Only general registration of FSPR & ASIC |
• Demo accounts available | • Wide spreads |
• Low minimum deposit | • No info on commissions |
• MT4 trading platform | • No popular payment methods |
• 24/5 live chat support | • Limited educational resources and tools |
PBFX's registration with the New Zealand Financial Service Providers Register (FSPR, License N0. 551686) and the Australia Securities & Investment Commission (ASIC, License No. 269820) indicates that it holds licenses in those jurisdictions. However, it is important to note that these licenses are considered general registered licenses, which may have different regulatory requirements compared to full regulatory licenses.
While registration with these authorities demonstrates some level of compliance, it does not provide the same level of investor protection as full regulatory licenses. Traders should exercise caution and conduct further research to assess PBFX's reputation, track record, and the overall safety of their services before engaging with the platform.
Pribizco offers investors a wide variety of financial trading assets, mainly Forex currency pairs, stocks, commodities, oil & gas, and cryptocurrencies. The Forex market offers traders the opportunity to participate in the global currency exchange market, allowing them to trade major, minor, and exotic currency pairs. With stocks, traders can access various company shares and participate in the equity markets. Commodities such as gold, silver, oil, and gas provide avenues for diversification and hedging strategies.
Additionally, PBFX enables traders to engage in the growing market of cryptocurrencies, which includes popular digital currencies like Bitcoin, Ethereum, and others. This diverse selection of market instruments gives traders the flexibility to explore various trading opportunities and diversify their investment portfolios.
PBFX offers traders a choice of three live account types: Cent, Standard, and ECN. The Cent account requires a minimum deposit of $10, making it accessible to traders with smaller capital. The Standard account also has a minimum deposit of $10 and caters to the needs of traders who prefer traditional trading conditions.
On the other hand, the ECN account requires a higher minimum deposit of $1,000 and provides traders with direct access to the market through Electronic Communication Network (ECN) technology, offering enhanced liquidity and potentially lower spreads.
Additionally, PBFX provides free demo accounts with $10,000 in virtual funds, allowing traders to practice their strategies and familiarize themselves with the platform before trading with real money.
Furthermore, PBFX offers swap-free accounts for traders who adhere to Islamic principles. These account options provide flexibility and cater to the diverse needs and preferences of traders.
PBFX offers flexible leverage of up to 1:1000 to its traders. This high leverage option allows traders to potentially amplify their trading positions and potential profits. However, it's important to note that trading with high leverage also carries increased risk, as it can amplify potential losses. Traders should exercise caution and carefully manage their risk when utilizing high leverage ratios. PBFX's flexible leverage option provides traders with the ability to choose a leverage level that aligns with their trading strategy and risk tolerance, allowing them to optimize their trading approach.
PBFX offers competitive spreads on its different account types. For Cent and Standard accounts, the spread is fixed at 1.7 pips, providing traders with a transparent and consistent cost for executing trades. On the other hand, ,ECN accounts have a spread of 0 pips which means traders can access raw interbank spreads and potentially benefit from tighter pricing.
However, PBFX does not provide specific information regarding commissions. Traders are advised to review the broker's terms and conditions or contact customer support to obtain more detailed information about commissions and any additional costs associated with trading on the platform.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (pips) | Commissions |
PBFX | 1.7 | No information available |
Hirose Financial | 1.5 | No commission |
LegacyFX | 2.1 | No commission |
XGLOBAL Markets | 1.2 | No commission |
Please note that the information provided is based on general data and may vary depending on the specific account type and trading conditions offered by each broker. It's always recommended to refer to the official website or contact the broker directly for the most up-to-date and accurate information.
PBFX provides a range of trading platforms, primarily focusing on the popular MetaTrader4 (MT4) platform. MT4 is known for its user-friendly interface, advanced charting capabilities, and extensive range of technical indicators and analysis tools. Traders can access the MT4 platform on various devices, including Windows and Mac computers, as well as mobile devices running on iOS and Android operating systems. This allows for seamless trading and monitoring of positions on-the-go.
The availability of MT4 across multiple platforms ensures that traders have flexibility and convenience in executing their trades. With its robust features and widespread usage in the industry, MT4 offered by PBFX enables traders to make informed trading decisions and execute their strategies effectively.
See the trading platform comparison table below:
Broker | Trading Platforms |
PBFX | MetaTrader 4 (MT4) |
Hirose Financial | MetaTrader 4 (MT4), LION FX |
LegacyFX | MetaTrader 5 (MT5), WebTrader |
XGLOBAL Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
PBFX offers a variety of convenient and secure payment options for both deposits and withdrawals. Traders can fund their accounts using popular methods such as Tether, PayTrust, MTPAY, China UnionPay, and SWIFT. The broker has a low minimum deposit requirement of only $10, making it accessible for traders of different budgets.
PBFX | Most other | |
Minimum Deposit | $10 | $100 |
Moreover, PBFX does not impose any limitations on withdrawal amounts, allowing clients to withdraw their funds as needed. Both deposits and withdrawals are free of charge, eliminating any additional costs for traders.
PBFX also provides a benefit to its clients by offering 3 times free deposit and withdrawal per month, providing flexibility and cost savings. The processing time for deposits and withdrawals is relatively fast, typically taking 1-5 working days, ensuring timely access to funds for traders.
PBFX provides a bonus program that rewards clients based on their initial deposit amounts. Traders can receive bonus amounts depending on the deposited funds, offering an opportunity to enhance their trading capital. For example, depositing $10 will grant a $10 bonus, while depositing $20 will result in a $20 bonus. The bonus amounts increase with larger deposits, with $30 bonus for $30 deposit, $60 bonus for $50 deposit, and $90 bonus for $200 deposit.
It's important to note that the maximum deposit amount eligible for a bonus is $500, and the maximum bonus amount that can be received is $150. This bonus program allows traders to potentially boost their trading funds and take advantage of additional opportunities in the market.
PBFX offers a range of customer support options to assist traders in their journey. Clients can reach out to the broker through 24/5 live chat, phone, and email channels, ensuring prompt and efficient communication. The availability of multiple contact methods allows traders to choose the most convenient option for their needs.
Additionally, PBFX maintains an active presence on popular social networks like Facebook, Instagram, and YouTube, where traders can follow their updates and engage with the broker's community.
The combination of various customer support channels and social media presence demonstrates PBFX's commitment to providing reliable and accessible support to its clients, enhancing the overall trading experience.
Pros | Cons |
• 24/5 live chat support | • No 24/7 customer support |
• Multiple social media channels for communication | • No dedicated FAQ section on the website |
• No multilingual support |
Note: These pros and cons are subjective and may vary depending on the individual's experience with PBFX's customer service.
In conclusion, PBFX is a forex broker registered with the New Zealand Financial Service Providers Register (FSPR) and the Australian Securities & Investment Commission (ASIC). They offer a range of market instruments and flexible leverage options, providing trading opportunities for different types of traders.
However, the limited information available on their website, especially regarding spreads and commissions, raises some concerns. The customer service options are also limited, and the educational resources and tools provided by PBFX are not extensive. It is recommended to conduct further research and consider your specific trading needs before choosing PBFX as your forex broker.
Q 1: | Is PBFX regulated? |
A 1: | No. The New Zealand Financial Service Providers Register (FSPR, License N0. 551686) and Australia Securities & Investment Commission (ASIC, License No. 269820) licenses are both general registered. |
Q 2: | Does PBFX offer demo accounts? |
A 2: | Yes. PBFX provides free demo accounts with $10,000 in virtual funds. |
Q 3: | Does PBFX offer the industry leading MT4 & MT5? |
A 3: | Yes. It supports MT4. |
Q 4: | What is the minimum deposit for PBFX? |
A 4: | The minimum initial deposit to open an account is $10. |
Q 5: | Is PBFX a good broker for beginners? |
A 5: | No. It is not a good choice for beginners. Though it advertises well, dont forget the fact that PBFX just have general registered FSPR and ASIC licenses. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive gsi-markets and pbfx are, we first considered common fees for standard accounts. On gsi-markets, the average spread for the EUR/USD currency pair is -- pips, while on pbfx the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
gsi-markets is regulated by --. pbfx is regulated by FSPR,VFSC,ASIC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
gsi-markets provides trading platform including ISLAMIC ACCOUNT,PLATINUM ECN ACCOUNT,GOLD ECN ACCOUNT,SILVER ECN ACCOUNT and trading variety including --. pbfx provides trading platform including Demo account,Standard account,ECN account and trading variety including Forex, precious metals, indices, crude oil.