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Global Broker Regulation & Inquiry App

Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

GYD

Vanuatu|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://www.gydtrading.com/

Website

Rating Index

Contact

http://www.gydtrading.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Vanuatu
Operating period
2-5 years
Company Name
GYD International Holding Limited
Abbreviation
GYD
Company employee
--
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

FX7243708742

United States

After loading funds and making a profit they refused to allowed me to withdraw any money and won't talk to me anymore! I need my money!

Exposure

2022-04-05

FX2520884893

United States

Just when ur in a position to withdraw funds dont make the mistake of letting them know it! Ur very next trade will not only wipe out ur entire acct! It will also leave you severely in debt to the company besides!!! Beware!!!! SCAM ALERT

Exposure

2022-01-28

林22114

Hong Kong

The platform’s customer service deliberately deleted my WeChat account on December 1st, saying that they had resigned, and then the platform could not be operated at night, and the more than 20,000 US dollars in my account could not be taken out. The customer service and teachers have all disappeared, and I have called the police. Let's unite everyone.

Exposure

2022-01-04

FX1753315345

Hong Kong

Fraud platform. The account suddenly disapeared at the beginning of this month and no one could be contacted. I had reported to police. I suggest that all people who being deceived should report to police, too. It will not work if only one or two people or region report for this.

Exposure

2021-12-06

陈圣

Hong Kong

The account disppeared for no reason since this month. Who knows the website of this company? I cannot find the manager. Not answering calls nor replying messages. Fraud company.

Exposure

2021-12-03

浮生若梦33660

Hong Kong

I cannot do any operation including liquidation at the night of December 1 on either PC nor phones.

Exposure

2021-12-01

Korkiat64424315

Thailand

My account has been suspended, and they have taken the profit of USD 686.53 from my account for no apparent reason. I am unable to get in touch with them!

Positive

2022-12-11

7
Website
Company Summary
Review

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Official website

Website

  • gydtrading.com

    Server Location

    United Kingdom

    Website Domain Name

    gydtrading.com

    Server IP

    45.133.238.219

Company Summary

General Information

Founded in 2010, GYD is allegedly an online Forex and CFD broker registered and established in the USA, based in England, authorized and regulated by the England FSP and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), claiming to provide its clients with the worlds most widely-used MetaTrader4 platform, leverage up to 350:1 and low spreads on over 72 tradable assets.

Market Instruments

GYD advertises that it offers more than 72 trading asset classes throughout worldwide financial markets, including forex, metals, commodities, gold, silver, oil and CFDs.

Leverage

The maximum leverage ratio provided by GYD is much higher than most brokers, up to 350:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

GYD claims that it offers its clients low spreads from 0.1 points, yet no more specific information available directly on its official website.

Trading Platform Available

When it comes to trading platforms available,GYD says to give traders the worlds most trusted and popular MetaTrader4 platform, available on Windows operating systems 2000, XP, Vista, or 7 and Mac OSX. MT4 is known as one of the most successful, efficient, and competent forex trading software, featuring multiple order types, 85 pre-installed indicators, analysis tools, multiple chart setups, automated trading, order execution capabilities and more.

Deposit & Withdrawal

GYD accepts deposits via credit/debit cards (a 4% deposit processing fee), wire transfers ($15-25 charged by the bank) and the third-party payment providers such as PayPal and Moneybookers (a 2.4% -3.9% deposit processing fee); withdrawals with credit/debit cards, wire transfers and UnionPay card. The broker says it doesnt charge any withdrawal fees, but there may be fees incurred by the bank or payment processor depending on what withdrawal option you choose. The minimum deposit requirement is $2,000, while the minimum withdrawal amount is $50. As for the processing time of deposit and withdrawal requests, credit/debit cards deposits are processed within 1 working day, wire transfers deposits require 2-4 working days, the third-party payment providers such as PayPal and Moneybookers will complete funding on the same day; while domestic banks withdrawals usually require 1-2 working days while international banks withdrawals may take up to 3-5 working days or less, UnionPay card will complete withdrawals on the same working day.

Customer Support

You can send messages online to get in touch with GYD. However, this broker doesnt disclose other more direct contact information like telephone numbers, email and the company address while most brokers offer.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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