Broker Information
GSG International Ltd
GSG
Suspicious Clone
Platform registered country and region
New Zealand
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service@gsgforex.com
Company Summary
http://www.gsgforex.net
Website
Single Core
1G
40G
Aspect | Details |
Company Name | GSG |
Registered Country/Area | New Zealand |
Founded Year | 2010 |
Regulation | Identified as a suspicious clone by FSPR |
Market Instruments | Forex, Precious Metals, Energy, CFDs |
Customer Support | Email: service@gsgforex.com |
GSG, founded 5-10 years ago in New Zealand, presents a troubling picture for traders. While it offers a range of trading assets including Forex, precious metals, energy commodities, and CFDs, the platform's significant drawbacks overshadow its assets.
The official website is often inaccessible, making it difficult for users to access their accounts or execute trades efficiently. The platform is also plagued by serious issues with fund withdrawals and poor customer service. Additionally, GSG is flagged as a suspicious clone by the Financial Service Provider Register (FSPR), indicating a lack of legitimate regulatory oversight. This status further undermines its credibility and trustworthiness.
GSG, identified as a suspicious clone by the Financial Service Provider Register (FSPR), operates under regulatory scrutiny that significantly impacts traders on its platform.
As a clone firm, GSG mimics the identity and characteristics of a legitimate financial entity but lacks proper authorization and oversight. This regulatory status undermines the trustworthiness and safety of the platform, exposing traders to increased risks such as fraud and unregulated financial practices.
Pros | Cons |
Offers a variety of trading assets | Official website inaccessible |
Reports of poor customer service | |
Identified as a suspicious clone by FSPR |
Pros
Cons
GSG provides access to a range of trading assets, including Forex, Precious Metals, Energy, and CFDs.
In Forex, traders can engage with major, minor, and exotic currency pairs. Precious Metals trading includes assets like gold and silver.
For Energy, the platform offers commodities such as crude oil and natural gas.
GSG also provides CFDs, allowing traders to speculate on price movements across various asset classes without owning the underlying assets.
GSG offers customer support through email at service@gsgforex.com. The support team handles inquiries related to trading issues, account management, and technical assistance.
GSG's user exposure highlights significant issues with withdrawals, leading to widespread dissatisfaction among traders.
Users frequently encounter difficulties when trying to access their funds, which creates a negative trading environment. The platforms inability to facilitate smooth withdrawals undermines trust and deters potential traders.
In conclusion, GSG's numerous disadvantages far outweigh its limited advantages. The platform's significant issues with fund withdrawals and poor customer service severely impact user experience. The frequent inaccessibility of the official website further complicates trading activities, making it a frustrating choice for traders.
The platform's designation as a suspicious clone by the Financial Service Provider Register (FSPR) undermines its credibility and raises doubts about its legitimacy. The lack of proper regulatory oversight and consistent operational problems make GSG a risky and unreliable option for traders.
What trading assets does GSG offer?
GSG provides trading in Forex, precious metals, energy commodities, and CFDs.
What issues are commonly reported with GSG?
Users frequently encounter problems with fund withdrawals and poor customer service.
Is GSG regulated?
GSG is identified as a suspicious clone by the Financial Service Provider Register (FSPR), indicating a lack of legitimate regulatory oversight.
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.
GSG International Ltd
GSG
Suspicious Clone
Platform registered country and region
New Zealand
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service@gsgforex.com
Company Summary
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