GSDO Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-08 14:31

Abstract：Founded in 2006 and headquartered in the United States, GSDO is a broker providing trading on the MT4 and MT5 systems. Though it is thought to be a clone and had its VFSC control revoked, ASIC apparently controls it. Customer care by phone at +678 7100624 and +852 51694936 by email at service@gsdo.com.

　　Note:GSDO's official website:https://www.gsdo.com/language/default.php？language=en is currently inaccessible normally.

Aspect	Information
Company Name	GSDO
Registered Country/Area	United States
Founded Year	2006
Regulation	ASIC(Suspicious Clone),VFSC(Revoked)
Trading Platform	MT4,MT5
Customer Support	Phone:+678 7100624,+852 51694936Email:service@gsdo.com

GSDO Information

　　Founded in 2006 and headquartered in the United States, GSDO is a broker providing trading on the MT4 and MT5 systems. Though it is thought to be a clone and had its VFSC control revoked, ASIC apparently controls it. Customer care by phone at +678 7100624 and +852 51694936 by email at service@gsdo.com.

Is GSDO Legit or a Scam？

	Vanuatu Financial Services Commission（VFSC)
Current Status	Revoked
Regulated by	VFSC
License Type	Retail Forex License
License No.	14875
Licensed Institution	GS FINANCIAL SERVICE LIMITED

	Australia Securities & Investment Commission(ASIC)
Current Status	Suspicious clone
Regulated by	ASIC
License Type	Institution Forex License (STP)
License No.	298221
Licensed Institution	FINANCIAL MARKETS (AUSTRALIA) PTY LTD

Downsides of GSDO

　　The broker's claimed ASIC regulation is suspected to be a clone, and its VFSC regulation has been removed, so implying a lack of consistent control.

　　The company's questionable legal position and likelihood of dishonest activity define it as high risk.

　　More highlighting the risks associated with this broker are several accusations about dishonest practices including bogus trading advice and issues with withdrawals.

Negative GSDO Reviews on WikiFX

　　An essential comment part in WikiFX is exposure.

　　Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.

　　WikiFx only had one exposure of GSDO.

　　Exposure.1 Fraud

Classification	Fraudulent practices
Date	March 7th,2018
Post Country	Hong Kong,China

　　The client said GSDO misled them with erroneous trading advice, resulting in significant losses and subsequently denial of withdrawal requests.You could go to:

　　https://www.wikifx.com/en/comments/detail/208034937007292.html

Conclusion

　　One high-risk option is GSDO, a U.S.-based broker with dubious claims on regulation and several fraud allegations. Trading with this broker carries risk; clients should pick open policy, controlled brokers.