Score

1.13 /10
Danger

GNW

United States

1-2 years

Suspicious Regulatory License

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.10

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

GNW

Company Abbreviation

GNW

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
GNW · Company summary
GNW Basic Information
Company Name GNW
Headquarters United States
Regulations Not regulated
Tradable Assets Forex, cryptocurrencies, gold futures, and more
Education Resources Market real-time news, key market events, technical information

Overview of GNW

Situated in the United States, GNW functions as an online trading platform, offering traders a comprehensive selection of financial instruments, ranging from forex and cryptocurrencies to gold futures. GNW also furnishes traders with valuable educational resources. Nevertheless, it's essential to recognize that GNW operates without regulatory oversight, emphasizing the importance of exercising caution given the potential risks associated with unregulated trading environments.

Overview of GNW

Is GNW Legit?

GNW is not regulated. It's critical to understand that GNW operates without any form of regulation, leaving it devoid of oversight from established financial regulatory bodies. Traders must proceed with caution and acknowledge the risks involved when contemplating trading with an unregulated broker like GNW. Such risks may include restricted avenues for resolving disputes, potential concerns regarding the safety and security of funds, and a lack of transparency in the broker's operations. To safeguard their interests and ensure a more secure trading experience, traders are strongly advised to conduct thorough research and carefully evaluate the regulatory status of a broker before committing to any trading activities.

Is GNW Legit?

Pros and Cons

GNW boasts a wide array of trading instruments, providing traders with ample opportunities to diversify their portfolios and explore various market segments. However, it's essential to note that GNW operates without regulatory oversight, potentially exposing traders to risks associated with unregulated trading environments. One notable drawback is the lack of readily available contact information, which may hinder traders' ability to seek assistance or address concerns promptly. Additionally, GNW lacks transparency concerning its company policies and procedures, resulting in traders having minimal guidance and understanding of how the platform operates. Furthermore, there's a notable lack of clarity regarding crucial aspects such as the trading platform, account types, leverage, spreads, and commissions, which may lead to confusion and uncertainty among traders. Overall, while GNW presents trading opportunities, traders should exercise caution and conduct thorough research to mitigate the risks associated with its regulatory status and limited support resources.

Pros Cons
  • Diverse range of trading instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Lack of contact information
  • Lack of transparency regarding company policies and procedures
  • Unclear information on trading platform, account types, leverage, spreads and commissions

Trading Instruments

GNW offers a diverse array of trading instruments, providing ample opportunities for investors to engage in various markets. Traders can delve into the forex market, where they can access a broad spectrum of currency pairs from across the globe, enabling them to trade at market prices efficiently. Additionally, GNW caters to the growing interest in cryptocurrencies, offering spot trading, perpetual futures contracts, AI-powered quantitative trading, and opportunities for new issuance, allowing traders to explore this rapidly evolving market segment. Moreover, GNW facilitates trading in gold futures, crude oil futures, ETFs, and a myriad of other investments.

Customer Support

GNW provides customer support services to assist users with inquiries and concerns regarding the website or app. Although specific contact methods for online customer service are not disclosed, users can seek assistance by completing a form. The support team guarantees a response to queries submitted via the form within 24 hours.

Customer Support

Educational Resources

GNW provides educational resources aimed at keeping traders informed about key market events, technical information, and fundamental concepts. Users can access market real-time news updates on market developments. Additionally, GNW offers insights into technical aspects such as exchange rates and foreign exchange trading, providing explanations and analysis to enhance users' understanding.

Educational Resources

Conclusion

In conclusion, GNW provides traders with diverse trading instruments. However, its lack of regulatory oversight, limited contact information, and transparency issues regarding policies pose risks. Moreover, unclear details on crucial aspects like the trading platform and fees may confuse traders. Therefore, while GNW offers trading opportunities, caution and thorough research are advised to navigate potential risks effectively.

FAQs

Q: Is GNW regulated?

A: No, GNW operates without regulation, lacking oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on GNW?

A: GNW offers a diverse array of trading instruments, including forex, cryptocurrencies, gold futures, and more.

Q: What educational resources does GNW offer?

A: GNW provides market real-time news updates, insights into key market events, and technical information to keep traders informed. Users can access these resources to enhance their understanding of the market.

Q: How can I contact GNW's customer support?

A: While specific contact methods for GNW's customer support are not disclosed, users can seek assistance by completing a form.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing all your invested funds. It's essential to recognize that online trading may not be suitable for every trader or investor. The information provided in this review could change over time due to updates in the company's services and policies. Therefore, it's recommended to verify the information directly with the company before making any trading decisions. Ultimately, the responsibility for using the information in this review lies solely with the reader.

User Reviews

More

User comment

1

Comments

Write a review

TraderExpert 512
more than one year
So far, this broker lets me trade freely, even with big positions. No worries about getting shut down early. Plus, when I jump into new trades, the slippage is barely noticeable, and there's no sign of them messing with my stops. No weird price requotes either, which is a major win. Seems legit!
So far, this broker lets me trade freely, even with big positions. No worries about getting shut down early. Plus, when I jump into new trades, the slippage is barely noticeable, and there's no sign of them messing with my stops. No weird price requotes either, which is a major win. Seems legit!
Translate to English
2024-04-16 17:27
Reply
0
0
1