GAINSY Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-19 15:22

Abstract：GAINSY is an unregulated online trading platform based in Saint Vincent and the Grenadines. This platform seems to only offer Forex as their market instrument. GAINSY offers three types of live accounts and a Swap-Free (Islamic) Account.

　　Note: GAINSY's official website: https://www.gainsy.com/ is currently inaccessible normal.

GAINSYReview Summary
Founded	2012
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex
Demo Account	Not mentioned
Leverage	Up to 1:500
Spread	Classic STP: From 0.1 pips
	Premium ECN: From 0 pips
	Exclusive VIP: From 0 pips
Trading Platform	MetaTrader 4
Min Deposit	$10
Customer Support	Email: support@gainsy.com

　　GAINSY is an unregulated online trading platform based in Saint Vincent and the Grenadines. This platform seems to only offer Forex as their market instrument. GAINSY offers three types of live accounts and a Swap-Free (Islamic) Account.

Pros and Cons

Pros	Cons
Multiple account types	Unregulated
MT4 supported	Limited market instruments
	Commission charged

Is GAINSY Legit?

　　GAINSY is not unregulated by any authority. Operating trading on this platform can be extremely dangerous.

What Can I Trade in GAINSY?

Trading Asset	Available
forex	✔
metals	❌
commodities	❌
indices	❌
energies	❌
stocks /shares	❌
cryptocurrencies	❌
options	❌
funds	❌
ETFs	❌

Account Types

　　GAINSY offers three account types, Classic STP, Premium ECN, and Exclusive VIP accounts. Swap-free (Islamic) accounts are also available.

Feature	Classic STP	Premium ECN	Exclusive VIP
Minimum Deposit	$10	$10,000	$100,000
Base Currency	USD
Leverage	Up to 1:500	Up to 1:100	Client-set
Spread	From 0.1 pips	From 0 pips
Commission	$20 per million traded	$2 per lot traded	$20 per million traded
Minimum Trade Size	0.01 lots		Client-set
Margin Call Level	70%	120%
Stop Out Level	10% - 50%	100%

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	❌	Desktop, Mobile, Web	Experienced traders
MT4	✔	Desktop, Mobile, Web	Beginners
Trading View	❌	Desktop, Mobile, Web	Beginners

Deposit and Withdrawal

　　Clients are offered the following payment modes: credit cards, bank wire transfers, and e-wallets Skrill, Neteller, CashU, WebMoney, and China UnionPay.