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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GX

United Kingdom United Kingdom | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.gxbrokers.com/

Website

Rating Index

Contact

https://www.gxbrokers.com/
38 Ropery Rd Gateshead NE8 2HP United Kingdom.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
GS Brokers Capital Inc.
Email
tradetoolspro@company.com
Address
38 Ropery Rd Gateshead NE8 2HP United Kingdom.
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • gxbrokers.com
    172.67.162.193
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: GX's official website - https://www.gxbrokers.com/ is currently inaccessible normally.

GX Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market Instruments2,100+, forex, CFDs, stocks and commodities
Demo Account
SpreadFrom 0.2 pips (Forex)
From 0.4 pips (CFDs)
LeverageUp to 1:500
Trading Platform/
Min DepositUSD 200
Customer SupportEmail: tradetoolspro@company.com
Address: 38 Ropery Rd Gateshead NE8 2HP United Kingdom

GX Information

GX, the trading name of GS Brokers Capital Inc., is a brokerage company registered in the United Kingdom and currently does not maintain functional website, that's why we can only gather all the information in this article from Internet.

The company offers trading services in CFDs, stocks and commodities. Minimum dpeosit is a little high at USD 200, with a tight spread from 0.2 pips.

However, it cannot be negleceted that the broker currently operates without any valid regulation, which indicates possible less compliance to industry and customer protection.

What's worse, there are two complaints on WIkiFX about withdrawal issues, indicating unpleasant customer experience with this broker.

GX's homepage

Pros and Cons

Pros Cons
Wide range of tradable assetsInaccessible website
Tight starting spreadsNo regulation
No demo accounts
High minimum deposit
WikiFX exposures about withdrawal issues

Is GX Legit?

Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of GX, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises huge concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.

No license

What Can I Trade on GX?

GX claims to offer access to 2,100+ tradable assets to trade, including Forex, CFDs, stocks and commodities.

Tradable Instruments Supported
Forex
CFDs
Stocks
Commodities
Indices
Cryptocurrencies
Bonds
Options
ETFs

Account Type/Fees

GX claims to offer two types of trading accounts, namely Classic and Platinum, with minimum initial deposit requirements of $200 and $500 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account TypeMin Deposit
ClassicUSD 200
PlatinumUSD 500
Account comparison

While spread and commission vary depending on the trading asset. For example, the spread is as low as 0.2 pips on forex, and from 0.4 pips on the CFDs. The commission is from $3 on US stocks and $1.25 per lot on commodities.

Asset ClassSpreadCommission
ForexFrom 0.2 pips/
CFDsFrom 0.4 pips/
US stocks/From $3
Commodities/From $1.25 per lot
Spread and Commission

Leverage

The leverage provided by GX is capped at 1:500. Nevertheless, you should keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can GX be trusted by traders?

GX, operating as GS Brokers Capital Inc. in the United Kingdom, presents a high-risk profile for traders due to its complete lack of regulatory oversight and an exceptionally low overall score of 1.45 out of 10. The absence of any credible financial regulation means client funds are not protected under standard compensation schemes, and there is no external authority to oversee its operations or resolve disputes.

04-02
United States

Is GX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose GX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with GX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

Three days ago

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

Three days ago

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Three days ago

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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