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GSG International Limited Review: High Risk (Suspected Fraud)

TraderKnows
TraderKnows
2023-11-17

GSG International Limited is a forex trading platform registered and established in Hong Kong, China. This article will comprehensively assess GSG International Limited from various perspectives, including regulatory licenses, trading instruments, trading software, fund security, deposit and withdrawal channels, leverage ratios, and more.

Introduction to GSG International Limited:

GSG International Limited is a broker providing forex trading services to investors. The official website indicates that the company is incorporated in Hong Kong, a confirmation supported by the information retrieved from the Integrated Companies Registry Information System (ICRIS) website of the Hong Kong Companies Registry, under the registration number 2032963. Moreover, the WHOIS search conducted by TraderKnows reveals that the company's official domain was registered on May 19, 2020, exceeding three years ago.

官网显示公司注册信息

官网显示公司注册信息查询

官网域名注册信息Whois查询


Is GSG International Limited compliant and legal? Does it hold the appropriate financial regulatory license?

GSG International Limited has not disclosed regulatory information on its official website. TraderKnows' inquiry uncovers that the regulatory bodies in the company's registered location, specifically the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) websites, lack relevant registration information for GSG International Limited. In addition, findings from the U.S. National Futures Association (NFA) website, the regulatory authority overseeing the domain registration location, suggest that GSG International Limited is not registered as a member of the NFA. Therefore, it is not subject to regulation or authorization by the NFA. Consequently, GSG International Limited is not effectively regulated by any financial regulatory authority.

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Trading Instruments provided by GSG International Limited:

According to the information on GSG International Limited's official website, the broker offers trading services in forex, precious metals, etc. However, there is no explicit information regarding traded currency pairs, commissions, spreads, minimum and maximum trade units, etc.

官网显示交易产品信息

Trading Software provided by GSG International Limited:

On the broker's official website, the provided software download link is for the MetaTrader 4 (MT4) trading platform, which supports both desktop (Windows) and mobile (IOS/Android) versions.

官网显示交易软件信息

Fund Security:

GSG International Limited has not disclosed any third-party fund regulatory information on its official website, raising concerns about the security of user funds.

Deposit and Withdrawal Channels:

GSG International Limited has not provided any information regarding user deposit and withdrawal channels on its official website, making it unclear how users can deposit and withdraw funds.

Leverage Ratio:

The broker's disclosed information about leverage ratios is somewhat unclear, mentioning leverage ratios of 1:12.5-1:100 for certain commodity currency pairs, while the leverage ratios for other product categories remain unknown.

GSG International Limited的杠杆比例

Conclusion:

GSG International Limited is a forex broker engaging in illicit financial activities using false regulatory information. The broker has not disclosed critical information concerning user fund security and deposit and withdrawal channels. During TraderKnows’ investigation of GSG International Limited, it was discovered that the broker's website closely resembles both in content and design to that of the previously evaluated Jasper Financial Capital platform. The two websites appear to be using the same website template. Currently, the broker is marked as "Suspected Fraud" on TraderKnows. We hereby warn that GSG International Limited is a highly risky forex trading platform, and users are strongly advised to steer clear of this platform to avoid potential losses to personal assets.

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Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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