Score

1.34 /10
Danger

GIS Capital

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.73

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Raconteur Consulting LLC

Company Abbreviation

GIS Capital

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GIS Capital · Company summary
RegisteredSt. Vincent and the Grenadines
Regulated Unregulated
Year of establishmentWithin 1 year
Trading instrumentsForex pairs, commodities, stocks, cryptocurrencies, indices
Minimum Initial Deposit$250
Maximum Leverage1:500
Minimum spread0.0 pips onwards
Trading platformown platform
Deposit and withdrawal methodBank wire transfer, VISA, MasterCard, skrill, neteller
Fraud Complaints ExposureNo for now

Pros and cons

Pros:

  • Variety of account types
  • Wide range of instruments including Forex pairs, commodities, stocks, cryptocurrencies, and indices
  • High leverage up to 1:500
  • A range of educational resources such as an economic calendar, market reports, and video tutorials

Cons:

  • Not regulated by any regulatory authority
  • No popular platforms such as MT4 or MT5
  • Limited deposit and withdrawal options
  • High minimum deposit required

What type of broker is GIS Capital?

GIS Capital is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, GIS Capital acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that GIS Capital has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients.

General information and regulation

GIS Capital is a forex and CFD broker that offers a wide range of trading instruments, including forex pairs, commodities, stocks, cryptocurrencies, and indices. The broker provides six different account types, each with varying minimum deposit requirements, and offers a maximum leverage of up to 1:500. GIS Capital does not offer the popular MT4 or MT5 trading platforms but provides its own proprietary platform. The broker accepts a variety of payment methods, including bank wire transfer, VISA, MasterCard, Skrill, and Neteller, for deposits and withdrawals. GIS Capital provides educational resources such as market reports, an economic calendar, and video tutorials, and offers customer support through email, phone, live chat, and 24/7 service.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Market instruments

GIS Capital offers a wide range of trading instruments across various asset classes, including forex pairs, commodities, stocks, cryptocurrencies, and indices.

Spreads, commissions and other costs

GIS Capital offers competitive trading costs with low spreads starting from 0 pips onwards. The pricing policy is transparent, which means that traders can be aware of the costs before making any trades. However, some account types may require commission fees to be paid, which could increase the overall trading costs. Moreover, there is limited information available on additional fees that traders may incur, such as inactivity fees or account closure fees. The company does not provide any information on deposit or withdrawal fees, which could also add to the overall cost of trading with GIS Capital.

Trading accounts

GIS Capital offers six different account types to cater to traders with varying levels of experience and investment capabilities. The standard account requires a minimum deposit of 250 USD, making it accessible to new traders who want to test the waters. The economic account, business account, gold account, platinum account, and diamond account have increasing minimum deposit requirements and come with additional features and benefits. Higher-tier accounts typically offer benefits such as lower spreads, higher leverage, dedicated account managers, and other exclusive perks.

Trading platforms

GIS Capital only offers its own trading platform, which can be both an advantage and a disadvantage for traders. The advantage of having a custom platform tailored to the company's needs is that it can potentially offer unique features not found on other platforms. Additionally, the company has full control over the platform, meaning that there is less potential for technical issues and downtime. However, the lack of popular trading platforms like MT4 and MT5 may deter some traders who are used to these platforms. This is also a disadvantage because the company may have limited third-party plugins and indicators available. Additionally, there may be limited community support and resources available compared to popular platforms like MT4 and MT5.

Leverage

GIS Capital offers a maximum leverage of up to 1:500, which is a high level of leverage compared to many other brokers in the industry. This means that traders can potentially amplify their profits by opening larger positions in the market with a smaller amount of capital. However, it is important to note that high leverage can also magnify losses, which can result in significant losses if not managed properly. High leverage is best suited for experienced traders who have a solid understanding of risk management and the discipline to manage their trades effectively. It is not recommended for beginners or those with limited trading experience.

leverage

Deposit and Withdrawal: methods and fees

GIS Capital offers multiple options for funding your account, including bank wire transfer, VISA, MasterCard, Skrill, and Neteller. However, they do not mention any deposit or withdrawal fees on their website.

deposit and withdrawal

Conclusion

In conclusion, GIS Capital is an offshore forex broker that offers a range of account types, leverage of up to 1:500, and a variety of tradable instruments, including forex, commodities, stocks, cryptocurrencies, and indices. While the company provides tight spreads from 0 pips onwards, it also charges commissions for some account types. There are some concerns with the lack of regulation and the fact that the company only offers its own platform.

FAQs

  • Is GIS Capital regulated by any financial authority?
  • No, GIS Capital is not regulated by any financial authority.
  • What is the minimum deposit amount required to open an account with GIS Capital?
  • The minimum deposit amount required to open a Standard account with GIS Capital is 250 USD, while the minimum deposit for the Diamond account is 500,000 USD.
  • What trading instruments can be traded with GIS Capital?
  • Forex pairs, commodities, stocks, cryptocurrencies, and indices.
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包修卫
more than one year
Avoid getting involved with GIS Capital as much as you can. This is my advice. I traded with this broker last year. At first, I was glad to see that spreads were fairly thin and my account manager came to help me from time to time. Gradually, I saw spreads growing bigger and bigger and my account manager disconnected suddenly. I lost about $2000 on this platform. Until then, I came to realize that this is a scammer.
Avoid getting involved with GIS Capital as much as you can. This is my advice. I traded with this broker last year. At first, I was glad to see that spreads were fairly thin and my account manager came to help me from time to time. Gradually, I saw spreads growing bigger and bigger and my account manager disconnected suddenly. I lost about $2000 on this platform. Until then, I came to realize that this is a scammer.
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2023-03-20 17:33
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FX1369869541
more than one year
GIS Capital is a ***** scammer, not long after I made my deposit I found out that their website was down, so I couldn't get all my money out. I feel so desperate. Where can I get them back?
GIS Capital is a ***** scammer, not long after I made my deposit I found out that their website was down, so I couldn't get all my money out. I feel so desperate. Where can I get them back?
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2023-03-13 18:33
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