GIS Capital Review – Numerous Warnings Unveiling Swindling Net
GIS Capital Review – Numerous Warnings Unveiling Swindling Net

 As can be seen, the GIS Capital scam broker was operating from Saint Vincent and Grenadines. Fairly, known country as a nest for swindlers. Still, the country’s regulator published clearly that all companies operating there should obtain licenses in the countries where the firm operates.

Yet, GIS Capital brokerage didn’t follow those instructions. Consequently, the traders could already visualize what’s happening in the future. Luckily, all the GIS Capital warnings have confirmed that idea.

In top of that, we seriously recommend you not to invest in the fake brokers IKICIMeteor Trade, and CentroBanc. Do not trade with these unlicensed brokers if you want to save your money!

Regulated by: No regulations
Is This Company Safe? No
Known Websites: Giscapital.world; g-c.trade; giscapital.co (all inactive)
Have Warnings from: AMF Quebec, FCA, CSA, CIRO, IOSCO, FCAA
Registered in: Saint Vincent and Grenadines
Operating since: 2022
Trading Platforms: Web trader
Maximum Leverage: 1:200
Minimum Deposit: $250
Deposit Bonus: N/A
Trading Assets: Forex, indices, shares, commodities
Free Demo Account: No
How to  Withdraw from This Company? If you were wondering if withdrawals will be possible with this broker, numerous warnings will tell you the bitter truth. They won’t. Therefore, contact our refund team as soon as possible and get proper guidance in the funds recovery procedure.

Warnings From Financial Regulators

One of the first warnings published was in September 2022 by the AMF Quebec. That was already a big enough sign to avoid this firm. However, recently those warnings started piling up. Which resulted in the broker’s disappearance.

But when you realize what institutions have published those warnings, you know there’s no joking there. Also, that’s good guidance for any inexperienced trader. After all, if they don’t learn how to recognize those warning signs on time, they will always end up scammed. Anyway, you can check warnings from FCA, CSA, CIRO, IOSCO, and FCAA as well.

How Risky Is It to Trade With Gis Capital?

Trading with Gis Capital is quite a risky thing. The firm is owned by the already infamous Raconteur Consulting LLC, registered offshore. Since the main company is in Saint Vincent and the Grenadines, the only country with no financial supervision for Forex brokers, it can have as many unregulated brands as it wants.

According to the FSA instructions, all brokers should obtain local authorities’ licenses. We found nothing after checking FCA, ASIC, BaFin, CONSOB, and other regulatory databases.

Why Is Trading On a Licensed Broker’s Platform Preferable?

Licensed brokers are obligated to follow strict rules imposed by regulators. Depending on the jurisdiction, they must keep operational capital varying from a couple of thousands to millions of dollars. Further, they must keep clients’ funds in segregated accounts and not reinvest them.

Unregulated scammers like Gis Capital don’t have any obligations and are free to do as they please.

Is Gis Capital a Legitimate Broker Or A Fraud?

Gis Capital is an offshore brokerage based in Saint Vincent and the Grenadines. The owner has another fraudulent brand, AxisCapital, both operating unlicensed. Unfavorable reviews show problems with withdrawals.

Warnings From Financial Regulators

Gis Capital Warning by AMF

The Gis Capital scam was exposed by the Canadian regional regulator of Quebec, AMF. According to this warning, giscapital.world is a high-risk Forex trading platform that should be avoided. The brokerage is not registered with the AMF and is not authorized to solicit investors in Quebec.

If you find yourself scammed, it’s important to report it to your local authorities, so there will be more warnings.

Gis Capital’s Reputation On The Trading Market – Opinion of Traders About the Broker?

Gis Capital is rated poor on Trustpilot and other similar websites. Furthermore, there were plenty of fake reviews written by the broker itself to promote its services.

Here’s one of the genuine reviews.

“100% Scam,

 Please don’t deposit any money into their account. I make reports to all with the government website as well to let them this is a scam website.

 THEY ARE SCAMMER”

– Trustpilot Customer

What Platform Does Gis Capital Provide?

Gis Capital offers quite a decent WebTrader. It has a solid number of functionalities, even though it’s still a far cry from MT4 or MT5.

MetaTrader has set its place as the industry standard with the largest number of TAs. Therefore, it’s more reliable and highly recommended for novice traders and seasoned investors.

Platform Access From Mobile Devices

This trading firm doesn’t offer Android or iOS mobile apps. Therefore, investors must use their web browser to access the account.

This is another advantage of MetaTrader. It has dedicated apps with the same features as the desktop version.

Gis Capital Accounts Overview

Gis Capital Accounts

You can choose one of the six accounts on offer.

  1. Standart – $250
  2. Economic – $5,000
  3. Business – $10,000
  4. Gold – $25,000
  5. Platinum – $100,000
  6. Diamond – $500,000

Perks are not clearly listed. Thus, all we know is that there’s a significant gap in the amount of money you need.

Gis Capital – Countries Of Service

According to reviews, Gis Capital mainly advertises its services in the following countries:

  • Germany
  • Spain
  • Switzerland
  • France

Gis Capital Range of Trading Markets

If you still want to invest despite everything we’ve explained, you can do it with one of the four asset groups.

  • Currency pairs – EUR/USD, AUD/CAD, GBP/ILS
  • Commodities – gold, natural gas, corn
  • Shares – Amazon, Microsoft, Nvidia
  • Indices – Dow Jones, S&P500, IBEX35

From what we were able to find, cryptocurrencies are not on offer.

Also remember the names of the AFX Trade LLC44Trades and DolfinIndex trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

What Is Known About Gis Capital’s Trading Conditions?

If you want to check the broker’s regulatory status, you can check their leverage. Each region has its own limit imposed by the financial authorities. In the UK, EU, and Australia, this limit is 1:30, while in the US and Canada, the cap is 1:50.

The spread is the difference between buying and selling prices and is a pure trading expense.

Details About Leverage and Spreads

The leverage with Gis Capital goes up to 1:200. Since it’s higher than in any region, it’s clear that the brokerage is offshore. Further, spread, swap, and other fees were not disclosed.

Simply said, your funds are at risk.

Gis Capital Minimum Deposit and Withdrawal Terms

Like many online financial swindlers, Gis Capital requires you to deposit a minimum of $250. 

Withdrawal terms are pretty unclear. The brokerage says clients who accept a bonus must reach a minimum trading volume, but without specifying it. Other withdrawal fees are not set either.

Methods of Making a Deposit

The deposit can be made using one of the following payment options:

  • Debit/credit card
  • Wire transfer

The same method must be used for withdrawal as well.

GIS Capital Withdrawal – Can I Get My Money Back From an Inactive Broker? Even if the company’s website was active, the GIS Capital withdrawal would be impossible. After all, they were only a clone of authorized firm. Which was clearly an indication that traders can’t expect to get any funds back.

Thus, there are ways to recover the funds which depend on the payment method. For instance, card transfers can be reversed within the first 540 days through the chargeback. Crypto transfers can be tracked down via the CipherTrace tool etc. But to avoid any mistake along the procedure and getting your request rejected, feel free to contact our refund team for advice.

Scammed by Gis Capital Broker? – Let Us Hear Your Story

Being scammed online is nothing to be ashamed of. It can happen to anyone. However, you must get help and recover what’s rightfully yours. Book a free consultation with our chargeback experts, and let us evaluate your case.

But What Is A Chargeback?

If you’ve used your debit/credit card to deposit funds, you have up to 540 days to request a chargeback. Since the procedure is time-limited, we urge you to contact us now. The sooner we start, the better our chance of recovering your money!

What Is Gis Capital?

Gis Capital is an online financial brokerage based in Saint Vincent and the Grenadines.

Is Gis Capital a Scam Broker?

Gis Capital is a scam broker, which is confirmed by the warning of AMF Quebec.

Is Gis Capital Available in the United States or the UK?

Gis Capital is available in the UK but doesn’t operate in the US.

Does Gis Capital Offer a Demo Account?

No, this trading firm doesn’t offer a Demo account and requests a deposit immediately.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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