WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

GSG

New Zealand|5-10 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.gsgforex.net

Website

Rating Index

Contact

service@gsgforex.com
http://www.gsgforex.net

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 408746) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

GSG · WikiFX Survey

Users who viewed GSG also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.23
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

IUX

8.83
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

GSG · Company Summary

AspectDetails
Company NameGSG
Registered Country/AreaNew Zealand
Founded Year2010
RegulationIdentified as a suspicious clone by FSPR
Market InstrumentsForex, Precious Metals, Energy, CFDs
Customer SupportEmail: service@gsgforex.com

Overview of GSG

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.

Overview of GSG

Regulatory Status

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.

Regulatory Status

Pros and Cons

ProsCons
Offers a variety of trading assetsOfficial website inaccessible
Reports of poor customer service
Identified as a suspicious clone by FSPR

Pros

  • Offers a Variety of Trading Assets: GSG provides access to a broad range of trading assets including Forex, precious metals, energy commodities, and CFDs. This variety allows traders to diversify their portfolios and explore different market opportunities.

Cons

  • Official Website Inaccessible: The official GSG website is often reported as inaccessible, which can hinder users' ability to obtain information, execute trades, or manage their accounts effectively. This lack of access creates significant barriers to using the platform.
  • Reports of Poor Customer Service: There are consistent reports of inadequate customer support from GSG. Users have noted slow response times and unhelpful assistance, which exacerbates issues related to trading and account management.
  • Identified as a Suspicious Clone by FSPR: GSG has been flagged by the Financial Service Provider Register (FSPR) as a suspicious clone. This status indicates that the platform mimics a legitimate financial entity but lacks proper regulatory oversight, raising risks about its credibility and safety.

Market Instruments

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.

Customer Support

GSG offers customer support through email at service@gsgforex.com. The support team handles inquiries related to trading issues, account management, and technical assistance.

Exposure

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.

Exposure

Conclusion

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.

FAQ

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.

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.

Broker Information

Company Name

GSG International Ltd

Abbreviation

GSG

Regulatory Status

Suspicious Clone

Platform registered country and region

New Zealand

Company website
Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • service@gsgforex.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com