GSI Markets Review
Reason to avoid: Offshore license
Listed Date: November 20, 2018
Top 3 Forex Brokers
Beware GSI Markets is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- GSI Markets User Reviews
- GSI Markets News
Is GSI Markets Scam or Legit Broker?
No, GSI Markets is not safe to trade with. The company is not regulated by any of the authorities which means that traders should be cautious when investing with the firm.
About GSI Markets
| 🗺️ Registered in | Marshall Islands |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is GSI Markets safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is GSI Markets?
GSI Markets is a Forex and CFDs broker (Read Forex and CFDs trading Broker HYCM Review). Gsimarkets.com is operated and owned by Media Force Limited (registered in the Marshall Islands). IT and Financial administration services by Netmedia Markets OU, based in Tallinn, Estonia.
- There is no information about the broker's regulation and it seems like neither of these companies is licensed or regulated by any authority, which is a big red flag for the traders. The website states that the firm has several contact phone lines in the United Kingdom, South Africa, Australia or Canada, however, there is a small chance the GSI Markets has offices in those countries. Moreover, the broker has a few warnings from well-known regulators:
- A warning from Spain's CNMV in July 2017: "MEDIA SOFT LIMITED/NETMEDIA MARKETS OU/www.gsimarkets.com is not authorised to provide the investment services, which include investment advice, or to provide the auxiliary services in relation to the financial instruments detailed in article 2 of the said Law, including, for those purposes, foreign currency transactions."
- One more warning from the UK's FCA in June 2017:
"This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation."
GSI Markets Review Conclusion
We recommend avoiding doubtful offerings, such as GSI Markets, instead choosing among the brokers regulated by top-tier authorities. Traders should trade with well-regulated brokers (Top 10 Forex Brokers in the World) such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.
GSI Markets Update
Our research revealed that the GSI Markets website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
SCAM, SCAM, SCAM!!! GSI Markets is a total scam. They have scammed me out of $100000 USD and I am going FULL FORCE after them. Class Action Suit. I want my money back plus punitive damages. The listed are the people who scammed me: RENEE ANDERSON, WILLIAM GLASS, ROBERT SPENCER, ANDREW DAVIES AND STACEY CAMPBELL.
No news available.
Hola, trabajo 4 años y he tenido muy buena rentabilidad. Con mi asesor me ha ido bien y he podido retirar mis ganancias.
Hola! Yo siempre había tenido curiosidad por empezar a operar, y aunque al principio era dudosa y desconfiada, se trata de ir practicando y confiar en tu corredor. Para ello, es importante elegir a alguien con el que te sientas cómoda y yo tengo suerte de haber dado con GSI Markets. Necesitas tiempo y trabajar en ello, pero a mí me han ayudado mucho y ahora me siento bastante preparada. Espero que mi experiencia pueda ayudar a alguien!!
Ok, I’ve been hearing a lot about this software, I’ve read Every Review on it and Seen YouTube Videos from People who Seems like their actually making Money with this system, I started to take interest in Crypto Master Bot following on YouTube this guy from the BLW group and another guy the host a program “sit on my bits” from London or England “IDK”, then while checking out Crypto master bot researching online? then I was brought to Algo-signal and was told their the Original and that Crypto Master bot is the fake… now after reading multiple review on ALGO-SIGNAL?the Only Question I have is? why don’t they say who are their TRUSTED BROKER?, on every Review I’ve read it always say’s that they deal with trusted broker’s but never mentions Who it is?, Finally I sign up to them to see how they are and try the software and later that day I get a Call and an Email From “GSI Markets Ecn Connect” which I’ve never Heard of or I never Sign on to them!, they stated that they received my Enrollment which I never sign up to them, and started to ask Questions, I asked if they were Affiliated or do business with “ALGO-SIGNAL”, they stated that their a seprate company and they were based out in Columbia, now I live in Panama so that’s not very Far so I started Investigating them and Found that this Company doesn’t have any good rating online, so therefore How can I be sure of any Review on Algo-signals to be True?, Algo-signal nor the Person who say’s that they Review the software never Mentions the TRUSTED broker that ALGO-SIGNAL WORK WITH? do they Work with this GSI Markets Ecn Connect? or not or who do they Work with thats a Trusted Broker?
Hi, me too have fooled by William Glass, Renee Anderson. John Davies, John Devlin and others from GSIMARKETS to name a few. They are the biggest scammers on earth. Sweet talkers, Liars and thief. They knew that I am sick old lady living out of my hard earned money (self funded retiree).and yet they more than US$50,000 out of me for over 3 years. I trusted the ruthless Renee Anderson implicitly. She got the biggest portion of my investments .
When I was trying to withdraw my money she disappeared and so my money . Then they closed my account and nobody answer me anymore from GSIMARKETS..
so people do not touch and do not join GSIMARKETS…,, they are the biggest
scammers!!!!! 🤬🤬🤬
Angelina
Hi, I was scammed too. Do you know if there is a class lawsuit somewhere?
Dafni
I was scammed by this company. It was over $100000 USD. They are ruthless and I want to warn everyone, NOT, to open an account or talk to anyone from there. I am trying to get my money back. I think that these people are dishonest and nasty and they have NO EMPATHY for others. I will entertain anyone who wants to put a class action suit against these crooks. I have a law firm already helping me with my case. I am prepared to name names and they are as follows: Renee Anderson, Andrew Davies, William Glass, Stacey Campbell, Robert Spencer. If anyone can help, please do.
I am going FULL FORCE on this company called GSI Markets. What a SCAM!!!!!
Hi, I was scammed too. Do you know if there is a class lawsuit somewhere?
Dafni