Score
GS-Forex
United Kingdom|5-10 years| http://en.gs-forex.com/index.html
Website
Rating Index
Contact
Licenses
Licensed Institution：Galip Systems Limited
License No.：748951
Single Core
1G
40G
1M*ADSL
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic information
United Kingdom
Scam Brokers 5-10 years Suspicious Regulatory License Suspicious Scope of Business United Kingdom Investment Advisory License Revoked Suspicious Overrun High potential riskUsers who viewed GS-Forex also viewed..
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Website
gs-forex.com
Server Location
Canada
Website Domain Name
gs-forex.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
0001-01-01
Server IP
198.100.145.229
Company Summary
| Registered in | United Kingdom |
| Regulated by | No effective regulation at this time |
| Year(s) of establishment | 5-10 years |
| Trading instruments | Forex pairs, commodities, stocks, cryptocurrencies, indices |
| Minimum Initial Deposit | $50 |
| Maximum Leverage | 1:1000 |
| Minimum spread | 0.0 pips onwards |
| Trading platform | MT4 |
| Deposit and withdrawal method | Bank wire transfer, credit card, debit card, Skrill, Neteller, PayPal |
| Customer Service | Email, phone number, address, live chat |
| Fraud Complaints Exposure | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros and cons of GS-Forex
Pros:
Offers a wide range of tradable instruments including forex pairs, commodities, stocks, cryptocurrencies, and indices.
Three types of accounts with different minimum deposits, spreads, and maximum leverage, catering to the needs of various traders.
MT4 platform available for all account types, which is a popular and reliable trading platform in the industry.
Multiple options for deposits and withdrawals, including bank wire transfer, credit/debit cards, and e-wallets like Skrill, Neteller, and PayPal.
Comprehensive educational resources, including economic calendar, online courses, videos, articles, glossary, technical analysis, and fundamental analysis.
Cons:
Not regulated by any regulatory authority, which may cause concerns for some traders.
The website lacks transparency in terms of ownership and management information.
The customer support service is not available 24/7, which may be inconvenient for traders in different time zones.
High maximum leverage offered in the premium account may lead to increased risk for inexperienced traders.
Limited customer feedback and reviews available online, which may make it difficult for traders to make an informed decision about the company.
What type of broker is GS-Forex？
| Advantages | Disadvantages |
| GS-Forex offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, GS-Forex has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients. |
GS-Forex 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, GS-Forex 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 GS-Forex 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. It is important for traders to be aware of this dynamic when trading with GS-Forex or any other MM broker.
General information and regulation of GS-Forex
GS-Forex is an online trading broker that offers access to trade Forex, commodities, stocks, cryptocurrencies, and indices on the MT4 trading platform. It provides various account types, including Premium, Fixed, and Zero accounts, with different features such as typical spreads, fixed spreads, and commission charges. The company also offers a range of deposit and withdrawal options, educational resources, and customer support services through various channels, including email, phone, address, and live chat. The company declares that its mission is to provide its clients with the best possible trading experience and help them achieve their financial goals.
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
GS-Forex offers a variety of financial instruments to trade including forex pairs, commodities, stocks, cryptocurrencies, and indices. This provides traders with the opportunity to diversify their portfolios and take advantage of different market conditions. Forex pairs offer traders the opportunity to speculate on the exchange rate between two currencies, while commodities such as gold and oil offer traders exposure to the underlying commodity markets. Stocks allow traders to speculate on the performance of individual companies, while indices such as the S&P 500 allow traders to speculate on the performance of an entire stock market. Finally, cryptocurrencies such as Bitcoin and Ethereum provide traders with access to a fast-growing asset class. However, trading such a diverse range of instruments requires a high level of expertise and knowledge, which may prove complex and challenging for novice traders.
Spreads, commissions and other costs
| Advantages | Disadvantages |
| Competitive spreads | Commission charged on Zero account |
| No commission on Premium and Fixed accounts | Higher minimum deposit required for Zero account |
| Fixed spreads on Fixed account |
When it comes to spreads, commissions and other costs, GS-Forex offers different options to cater to different trading styles and preferences. The Premium and Fixed accounts both have the advantage of no commission charges, with the former having typical spreads from 1.0 pips and the latter having fixed spreads. On the other hand, the Zero account has typical spreads from 0.0 pips but charges a commission of $4 per side per 100,000 traded. This may be a disadvantage for some traders who prefer not to pay commissions. It is important to note, however, that the Zero account is suitable for scalpers, institutional traders and day traders, who may find the low spreads and commission structure more advantageous for their trading strategies. Overall, GS-Forex provides a range of options for traders to choose from based on their individual needs and preferences.
Trading accounts available in GS-Forex
| Advantages | Disadvantages |
| Low minimum deposit | Higher minimum deposit for fixed account |
| High maximum leverage | Lower maximum leverage for fixed and zero accounts |
| No commission | Commission charged on zero account |
| Variety of account types | Fixed account has fixed spreads |
| Suitable for different traders | Premium account has higher typical spreads |
GS-Forex offers a range of account types suitable for different types of traders, with varying minimum deposit requirements, maximum leverage and spreads. The Premium account requires a low minimum deposit of $50 and offers a high maximum leverage of 1:1000 with typical spreads from 1.0 pips, making it suitable for beginner traders. The Fixed account requires a higher minimum deposit of $250, has a maximum leverage of 1:400 and offers fixed spreads with no commission. The Zero account requires a minimum deposit of $100, has a maximum leverage of 1:250 and offers typical spreads from 0.0 pips but with a commission of $4 per side per 100000. This account is suitable for scalpers, institutional traders, and day traders. Overall, the variety of account types caters to the needs of different traders, allowing them to choose an account that best suits their trading style and experience.
Trading platform(s) that GS-Forex offers
| Advantages | Disadvantages |
| Popular and widely used platform with a large user community | Limited functionality for automated trading strategies |
| User-friendly interface with customizable charts and technical indicators | Outdated user interface compared to newer platforms |
| Supports multiple order types including market, limit, stop, and trailing stops | Limited support for advanced charting and analysis tools |
| Highly customizable with the ability to install and use custom indicators and expert advisors | Limited support for multiple timeframes and order execution modes |
| Offers a mobile version for trading on-the-go | Limited support for multiple account management and trade copying |
MetaTrader 4 (MT4) is a widely-used trading platform known for its user-friendly interface and customizable features. It is a popular choice among traders of all experience levels due to its intuitive charting capabilities, wide range of technical indicators, and multiple order types. MT4 also allows for the use of expert advisors (EAs) and custom indicators, making it highly customizable. Despite its popularity, MT4 does have some limitations, including limited support for advanced charting and analysis tools and the lack of support for multiple account management and trade copying. Additionally, the user interface may be considered outdated compared to newer platforms.
Maximum leverage of GS-Forex
| Advantages | Disadvantages |
| High maximum leverage allows for potentially higher profits with a smaller investment | High leverage also increases the risk of losing more money than invested |
| The premium account offers the highest maximum leverage of 1:1000, allowing for even greater potential profits | The zero account, which is designed for scalpers and day traders, offers a lower maximum leverage of 1:250 |
| The fixed account offers a maximum leverage of 1:400, which is a middle ground between the other two account types | High leverage can lead to emotional trading decisions and can be dangerous for inexperienced traders |
The maximum leverage dimension is an important aspect to consider when choosing a forex broker, as it directly impacts the amount of money that can be potentially gained or lost in a trade. GS-Forex offers three different account types with varying maximum leverage, ranging from 1:250 to 1:1000. While a high maximum leverage can allow for larger profits, it also increases the risk of losing more money than invested. The premium account offers the highest maximum leverage of 1:1000, making it attractive for traders who are comfortable with a higher level of risk. The fixed account offers a lower maximum leverage of 1:400, which is still relatively high and can be suitable for many traders. The zero account, designed for scalpers and day traders, offers a lower maximum leverage of 1:250. It's important for traders to consider their risk tolerance and experience level when choosing the account type that best suits their needs.
Deposit and Withdrawal: methods and fees
| Advantages | Disadvantages |
| Wide range of payment methods available including bank wire transfer, credit card, debit card, Skrill, Neteller, and PayPal. | No mention of any deposit or withdrawal fees on the website. |
GS-Forex offers its clients a range of convenient and secure payment methods for deposits and withdrawals. These include bank wire transfer, credit card, debit card, Skrill, Neteller, and PayPal. This ensures that clients from different countries can easily deposit and withdraw their funds. However, there is no mention of any deposit or withdrawal fees on the website, which may cause some clients to be wary of hidden costs. It is always advisable to check with the company regarding any fees before initiating a transaction. Overall, the company seems to provide a good range of payment options, which makes it easy for clients to manage their accounts.
Educational resources in GS-Forex
GS-Forex offers a variety of educational resources that cater to both new and experienced traders. The resources include online courses, videos, articles, a glossary, technical and fundamental analysis tools, and an economic calendar. These resources provide traders with the necessary information to make informed trading decisions. The online courses cover a wide range of topics such as trading strategies, risk management, and trading psychology. The technical and fundamental analysis tools are particularly helpful for traders who want to analyze the markets and make informed trading decisions. Additionally, the economic calendar provides traders with important information about upcoming economic events that could potentially impact the markets. However, it is worth noting that while the educational resources are extensive, they may not be suitable for more advanced traders who require more specialized information.
Customer service of GS-Forex
| Advantages | Disadvantages |
| 24/7 customer support | No support in some languages |
| Multiple contact options | Limited availability of phone support |
| Quick response time | No dedicated account manager |
| Professional and polite |
GS-Forex offers various channels of customer support to cater to the needs of its clients. Clients can reach out to the customer support team via email, phone, live chat, and physical address. The customer support team is available 24/7 and is professional, polite, and quick to respond to inquiries. However, the availability of phone support may be limited, and the support team does not have dedicated account managers to guide and assist clients in their trading journey. Additionally, customer support may not be available in some languages, which may pose a challenge to clients who are not proficient in the English language.
Conclusion
In conclusion, this company offers a range of trading instruments, account types, and educational resources to suit the needs of different traders. Its user-friendly platforms, competitive spreads, and efficient customer service provide a positive trading experience. However, the high leverage offered by some account types can be risky for inexperienced traders. Additionally, the limited payment options may not be suitable for all traders. Overall, this company strives to provide a safe and transparent trading environment, with a focus on educating traders to make informed decisions. With its commitment to innovation and customer satisfaction, it continues to evolve to meet the changing needs of the market. Whether you are a beginner or an experienced trader, this company offers a platform for you to achieve your trading goals.
Frequently asked questions about GS-Forex
Question: Is GS-Forex regulated by any financial authority？
Answer: No, GS-Forex is not regulated by any financial authority.
Question: What types of accounts does GS-Forex offer？
Answer: GS-Forex offers three types of accounts: Premium, Fixed, and Zero accounts.
Question: What is the minimum deposit required to open an account with GS-Forex？
Answer: The minimum deposit required for a Premium account is $50, for a Fixed account is $250, and for a Zero account is $100.
Question: What trading platforms does GS-Forex support？
Answer: GS-Forex supports the MetaTrader 4 (MT4) platform, which is available for desktop and mobile devices.
Question: What are the available methods for deposit and withdrawal with GS-Forex？
Answer: GS-Forex offers various methods for deposit and withdrawal, including bank wire transfer, credit/debit card, Skrill, Neteller, and PayPal.
Keywords
- Scam Brokers
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- United Kingdom Investment Advisory License Revoked
- Suspicious Overrun
- High potential risk
Review 24
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海予星辰
Hong Kong
Unable to withdraw for various reasons. It led us to depositing and said the third party would blocked my capital. It asked me to pay the fee for unblocking. Please expose this scammer.
Exposure
2021-07-27
海予星辰
Hong Kong
This was a scammer who cheated l normal people.
Exposure
2021-07-27
FX3421488323
Taiwan
Do not allow iwthdrawal deliberately. They don’t admit that they are fauds.
Exposure
2021-04-13
杨柳依依66328
Hong Kong
Scam. Why is there no regulator? There are so many fraud platforms
Exposure
2020-12-17
OHh4949
Hong Kong
They cooperated with me because I opened a Taobao store. They popularized my store and I should be their agent. But I was induced to deposit and I can’t withdraw. Then I was asked to add money to unfreeze my account. I was threatened at the first time I failed to withdraw. They said it was illegal to extract preferential points. But when I asked the customer service how to withdraw, they didn’t tell me I couldn’t extract the preferential points. As a result, my account was froze. I was asked to pay three times of my frozen capital, but they said my bank card number was wrong and I have to pay double frozen capital. I did too. However, the account became high-risk account, and my money was frozen again. The nest day, their website was disabled. I asked them where my money went if I can’t withdraw, they said it would be given to charities. That was awfully cheeky. Why I can’t get my money if my money will be given to the charities. I’m only less than 20 years old now, the money was lent, I rack up lots of financial debt now.
Exposure
2020-09-28
FX2539637919
Hong Kong
On June 25th,I was defrauded by GS-Forex platform operated by Ningbo Amar Asset Management Co., Ltd. and Xi'an Qin Strategy Network Technology Co., Ltd.(leader:Wang Peng,Chen Zhiyi,etc.)! My account number was 16035677.On June 24th, I deposited $30,000 in the platform.They signed fake hosting contract with me under the name of other company and kept shirking after my account was deliberately operated. They upheld the banner of “Zhongying Asset Management”, inducing me to open account with high return,and pocket my fund illegally by acquiring my password . GS-Forex's real company is Ningbo Amar Asset Management Co., Ltd. and changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The actual person in charge is Wang Peng (640204198405040038), Chen Zhiyi (330205198203253311). The actual business location is Xi'an High-tech Zone, Shaanxi Province. Those who have the same experience please contact me (qq: 3072715600).We should be united to solve the problem together to prevent fraudsters from going unpunished!
Exposure
2018-11-10
FX2539637919
Hong Kong
The company behind GS-Forex is Ningbo Yamaer Asset Management Co., Ltd., which changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, and changed its name again to Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The real persons in charge are Wang Peng, Chen Zhiyi and others. The company built the false foreign exchange platform, GS-Forex. And their salesmen incited people to the platform, causing them to lose all. The salesmen use post online with the team names, such as Huijin team, Zhongying forex management, Huijin team, saying that they can help people profit. They sign agreement with the clients and the companies’ name in the agreements were other companies’, which can help them shirk the potential responsibilities. High commissions, high spreads, and short-swing trading have caused most clients to lose money in a short period of time! It is obviously a ponzi scheme and they are clearly betting with the investors! The platform profit from clients’ losses! If the clients gain profits, their accounts will be frozen and the platform would not allow them to withdraw money with various reasons! ! ! At present, it is estimated that there are thousands of people being deceived, and the funds involved are as high as 100 million! The website of GS-Forex is https://www.gs-forex.com, and the English website is http://en.gs-forex.com/. The website is now unavailable and the funds cannot be withdrawn. It is running. Please investors who have the same experience contact me (qq: 3072715600), we can join efforts to to solve the problem. We must not let the liar go unpunished!
Exposure
2018-11-10
FX4519987482
Hong Kong
I am Fu Yan.Phone number:13705697266 ID card number:34011119710419102X.During may 24th to June 14th,I was induced to deposit $77,000 into GS-Forex .Now the balance is $133457.26.The platform said to audit from September 10th,while it hasn’t been received yet.The account is unable to log in and the customer service is out of contact.The 520 thousand RMB loan is unavailable.I want to go die,hoping for help.They are devastate.Hope victims of GS-Forex can contact me.Let’s get united to figure out the fraudsters to prevent them from going unpunished.
Exposure
2018-11-07
FX2539637919
Hong Kong
The company behind GS-Forex is Ningbo Yamaer Asset Management Co., Ltd., which changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, and changed its name again to Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The real persons in charge are Wang Peng, Chen Zhiyi and others. The company built the false foreign exchange platform, GS-Forex. And their salesmen incited people to the platform, causing them to lose all. The salesmen use post online with the team names, such as Huijin team, Zhongying forex management, Huijin team, saying that they can help people profit. They sign agreement with the clients and the companies’ name in the agreements were other companies’, which can help them shirk the potential responsibilities. High commissions, high spreads, and short-swing trading have caused most clients to lose money in a short period of time! It is obviously a ponzi scheme and they are clearly betting with the investors! The platform profit from clients’ losses! If the clients gain profits, their accounts will be frozen and the platform would not allow them to withdraw money with various reasons! ! ! At present, it is estimated that there are thousands of people being deceived, and the funds involved are as high as 100 million! The website of GS-Forex is https://www.gs-forex.com, and the English website is http://en.gs-forex.com/. The website is now unavailable and the funds cannot be withdrawn. It is running. Please investors who have the same experience contact me (qq: 3072715600), we can join efforts to to solve the problem. We must not let the liar go unpunished!
Exposure
2018-11-05
FX2539637919
Hong Kong
On June 25th,I was defrauded by 111 platform operated by Ningbo Amar Asset Management Co., Ltd. and Xi'an Qin Strategy Network Technology Co., Ltd.(leader:Wang Peng,Chen Zhiyi,etc.)! My account number was 16035677.On June 24th, I deposited $30,000 in the platform.They signed fake hosting contract with me under the name of other company and kept shirking after my account was deliberately operated.After verification,it is a fraud platfrom without qualification for trading precious metal,forex,stock index and futures. They upheld the banner of “Zhongying Asset Management”, inducing me to open account with high return,and pocket my fund illegally by acquiring my password . 111's real company is Ningbo Amar Asset Management Co., Ltd. and changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The actual person in charge is Wang Peng (640204198405040038), Chen Zhiyi (330205198203253311). The actual business location is Xi'an High-tech Zone, Shaanxi Province.
Exposure
2018-11-05
FX4519987482
Hong Kong
My Id number:34011119710419102X.My account number was 16091566 and 16099871.I was induced to deposit $77,000 into GS-Forex .Now the balance is $133457.26.The platform said to audit from September 10th,while it hasn’t been received yet.The account is unable to log in and the customer service is out of contact.The 520 thousand RMB loan is unavailable.I want to go die,hoping for help.If you have encountered with the same situation,please contact me.Let’s get united to figure out the fraudsters to prevent them from going unpunished.
Exposure
2018-11-05
FX4519987482
Hong Kong
The company behind GS-Forex is Ningbo Yamaer Asset Management Co., Ltd., which changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, and changed its name again to Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The real persons in charge are Wang Peng, Chen Zhiyi and others. The company built the false foreign exchange platform, GS-Forex. And their salesmen incited people to the platform, causing them to lose all. The salesmen use post online with the team names, such as Huijin team, Zhongying forex management, Huijin team, saying that they can help people profit. They sign agreement with the clients and the companies’ name in the agreements were other companies’, which can help them shirk the potential responsibilities. High commissions, high spreads, and short-swing trading have caused most clients to lose money in a short period of time! It is obviously a ponzi scheme and they are clearly betting with the investors! The platform profit from clients’ losses! If the clients gain profits, their accounts will be frozen and the platform would not allow them to withdraw money with various reasons! ! ! At present, it is estimated that there are thousands of people being deceived, and the funds involved are as high as 100 million! The website of GS-Forex is https://www.gs-forex.com, and the English website is http://en.gs-forex.com/. The website is now unavailable and the funds cannot be withdrawn. It is running. Please investors who have the same experience contact me (qq: 3072715600), we can join efforts to to solve the problem. We must not let the liar go unpunished!
Exposure
2019-01-28
FX2539637919
Hong Kong
On June 25th,I was defrauded by GS-Forex platform operated by Ningbo Amar Asset Management Co., Ltd. and Xi'an Qin Strategy Network Technology Co., Ltd.(leader:Wang Peng,Chen Zhiyi,etc.)! My account number was 16035677.On June 24th, I deposited $30,000 in the platform.They signed fake hosting contract with me under the name of other company and kept shirking after my account was deliberately operated. They upheld the banner of “Zhongying Asset Management”, inducing me to open account with high return,and pocket my fund illegally by acquiring my password . GS-Forex's real company is Ningbo Amar Asset Management Co., Ltd. and changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The actual person in charge is Wang Peng (640204198405040038), Chen Zhiyi (330205198203253311). The actual business location is Xi'an High-tech Zone, Shaanxi Province. Those who have the same experience please contact me (qq: 3072715600).We should be united to solve the problem together to prevent fraudsters from going unpunished!
Exposure
2018-11-02
FX2539637919
Hong Kong
The company behind GS-Forex is Ningbo Yamaer Asset Management Co., Ltd., which changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, and changed its name again to Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The real persons in charge are Wang Peng, Chen Zhiyi and others. The company built the false foreign exchange platform, GS-Forex. And their salesmen incited people to the platform, causing them to lose all. The salesmen use post online with the team names, such as Huijin team, Zhongying forex management, Huijin team, saying that they can help people profit. They sign agreement with the clients and the companies’ name in the agreements were other companies’, which can help them shirk the potential responsibilities. High commissions, high spreads, and short-swing trading have caused most clients to lose money in a short period of time! It is obviously a ponzi scheme and they are clearly betting with the investors! The platform profit from clients’ losses! If the clients gain profits, their accounts will be frozen and the platform would not allow them to withdraw money with various reasons! ! ! At present, it is estimated that there are thousands of people being deceived, and the funds involved are as high as 100 million! The website of GS-Forex is https://www.gs-forex.com, and the English website is http://en.gs-forex.com/. The website is now unavailable and the funds cannot be withdrawn. It is running. Please investors who have the same experience contact me (qq: 3072715600), we can join efforts to to solve the problem. We must not let the liar go unpunished!
Exposure
2018-11-02
FX2539637919
Hong Kong
The company behind GS-Forex is Ningbo Yamaer Asset Management Co., Ltd., which changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, and changed its name again to Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The real persons in charge are Wang Peng, Chen Zhiyi and others. The company built the false foreign exchange platform, GS-Forex. And their salesmen incited people to the platform, causing them to lose all. The salesmen use post online with the team names, such as Huijin team, Zhongying forex management, Huijin team, saying that they can help people profit. They sign agreement with the clients and the companies’ name in the agreements were other companies’, which can help them shirk the potential responsibilities. High commissions, high spreads, and short-swing trading have caused most clients to lose money in a short period of time! It is obviously a ponzi scheme and they are clearly betting with the investors! The platform profit from clients’ losses! If the clients gain profits, their accounts will be frozen and the platform would not allow them to withdraw money with various reasons! ! ! At present, it is estimated that there are thousands of people being deceived, and the funds involved are as high as 100 million! The website of GS-Forex is https://www.gs-forex.com, and the English website is http://en.gs-forex.com/. The website is now unavailable and the funds cannot be withdrawn. It is running. Please investors who have the same experience contact me (qq: 3072715600), we can join efforts to to solve the problem. We must not let the liar go unpunished!
Exposure
2018-11-01
FX2539637919
Hong Kong
On June 25th,I was defrauded by GS-Forex platform operated by Ningbo Amar Asset Management Co., Ltd. and Xi'an Qin Strategy Network Technology Co., Ltd.(leader:Wang Peng,Chen Zhiyi,etc.)! My account number was 16035677.On June 24th, I deposited $30,000 in the platform.They signed fake hosting contract with me under the name of other company and kept shirking after my account was deliberately operated. They upheld the banner of “Zhongying Asset Management”, inducing me to open account with high return,and pocket my fund illegally by acquiring my password . GS-Forex's real company is Ningbo Amar Asset Management Co., Ltd. and changed its name to Xi'an Qinyin Stock Network Co., Ltd. in August 2018, Xi'an Qin Strategy Network Technology Co., Ltd. on September 19, 2018. The actual person in charge is Wang Peng (640204198405040038), Chen Zhiyi (330205198203253311). The actual business location is Xi'an High-tech Zone, Shaanxi Province. Those who have the same experience please contact me (qq: 3072715600).We should be united to solve the problem together to prevent fraudsters from going unpunished!
Exposure
2018-11-01
FX4519987482
Hong Kong
I am Fu Yan.Phone number:13705697266 ID card number:34011119710419102X.During may 24th to June 14th,I was induced to deposit $77,000 into GS-Forex .Now the balance is $133457.26.The platform said to audit from September 10th,while it hasn’t been received yet.The account is unable to log in and the customer service is out of contact.The 520 thousand RMB loan is unavailable.I want to go die,hoping for help.Have a mosaic on my information.
Exposure
2018-11-01
FX9519524957
Hong Kong
They won’t let me withdraw. They even let me open a Swiss bank card, saying they have stopped cooperating with UnionPay. This is a scam.
Exposure
2018-09-11
FX9519524957
Hong Kong
The platform declined my withdrawal with kinds of reason.The process channel was said to be recovered in September.Then it asked me to open an account in UBS with the reason that the channel was attacked deliberately.But the bank just addresses the domestic traditional personal business.The platform doesn’t allow me to withdraw deliberately.After that,I couldn’t log in my account.Now I report the platform which didn’t allow me to withdraw!
Exposure
2018-09-11
和煦清风
Hong Kong
In January,2018,a person whose Wechat name was Houdezaiwu(hdzw139,self-proclaimed as Xu Zhenfan) added me,saying that his team Huijin(Later I knew that it develops clients for GS-Forex ),which could help me recover the losses.If I cooperated with them,I should operate in GS-Forex ,in which there was no service charge and low spread,and the commission could be returned.I was induced to open 3 accounts,depositing $26000 in total.There are two ways to cooperate with him. One is that he took me to operate. The other is to provide my account and password to the team to manage the operation and operated by the senior trader.I chose the former at first.As a result, a $3,000 account was quickly lost. Then he said that in order to recover the loss, I can choose to let the team to operate for me.I handed over my VIP account of 20,000 US dollars and password to them. As a result,they bought large share for 70 lots of currency pairs,which made my account over loss within 2 days.The account became negative.But GS-Forex didn’t admit. I realized that I was cheated.After being deceived, I found a legal consulting company on the Internet. This legal company helped me to defend my rights by complaining to Goldman Sachs International’s third-party payment channel. A week later, a surnamed Sun, self-proclaimed as the general manager of GS-Forex , contacted me by phone. After many consultations with him, he agreed to replenish the funds back to my account and promised a successful withdrawal. At their request, I withdrew my complaint.When he replenished the funds back to my account, I also recorded the recordings after he promised a successful withdrawal.After I stepped down the complaint according to Sun’s request, Sun Mou delayed the payment of the e-mail, saying that the third-party payment did not receive the withdrawal e-mail.I haven’t received the fund for 2 months. I asked him for the theory. Instead, he blamed me for losing money in the international foreign exchange market.After the theory fell out, he deactivated my platform account so I could not log in to the platform network background. Later, I complained to the legal advisory company about their third-party At present, GS-Forex can also log in to the platform website. It also publishes bonus announcements from time to time. It can be seen that this platform has not yet run, but this platform is a fraud platform. Many friends have been deceived. I hope everyone stay away as soon as possible and cherish your hard-earned money. Attachment:The chat record with GS-Forex and Sun
Exposure
2018-08-21