WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

GTS

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|United Kingdom Appointed Representative(AR) Revoked|Suspicious Overrun|High potential risk|

https://en.gtsforex.com/

Website

Rating Index

Contact

+44 2035146999
backoffice@gtsforex.com
https://en.gtsforex.com/
The WikiFX Score of this broker is reduced because of too many complaints!
VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
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!
7

Basic information

Registered region
United Kingdom
Operating period
5-10 years
Company Name
Global Trading Securities Co
Abbreviation
GTS
Company employee
--
Customer Service Email Address
backoffice@gtsforex.com
Contact number
00442035146999
Company website
QQ
3080134024
A Visit to GTS in UK -- Finding No Office

A Visit to GTS in UK -- Finding No Office

The investigators went to London to visit the foreign exchange dealer GTS as planned. They did not find the dealer’s office on the publicly displayed business address. The dealer may just register a company here without real business premises. Please choose the dealer carefully.

Danger GTS United Kingdom
GTS, a supposedly Australian broker, not found

GTS, a supposedly Australian broker, not found

A field survey based on the company’s claimed address did not found GTS’s physical presence. The broker had an ASIC authorized representative license (No. 001274363), however, the license has been canceled now. Moreover, the field survey staff has confirmed the broker’s regulatory address is bogus. Discretion is suggested if trading with this broker.

Danger GTS Australia
A Visit to GTS in UK -- Finding No Office

A Visit to GTS in UK -- Finding No Office

The investigators went to London to visit the foreign exchange dealer GTS as planned. They did not find the dealer’s office on the publicly displayed business address. The dealer may just register a company here without real business premises. Please choose the dealer carefully.

Danger GTS United Kingdom
GTS, a supposedly Australian broker, not found

GTS, a supposedly Australian broker, not found

A field survey based on the company’s claimed address did not found GTS’s physical presence. The broker had an ASIC authorized representative license (No. 001274363), however, the license has been canceled now. Moreover, the field survey staff has confirmed the broker’s regulatory address is bogus. Discretion is suggested if trading with this broker.

Danger GTS Australia

jzm

Hong Kong

Unable to withdraw. A Ponzi scheme. Please stay alert.

Exposure

2021-02-01

FX2994721071

Singapore

Can't withdraw in GTS. I'm cheated. Is there any regulator to regulate it?

Exposure

2020-12-07

FX1822886833

Taiwan

He knew that there was some problem with the platform but he continued beguling me into depositing over $300,000. He is out of contact now and reject my request of hleping me withdraw funds.

Exposure

2020-11-22

潇洒女孩

Hong Kong

It has been six months since I withdrew. Please give me some suggestions

Exposure

2020-11-10

很搞笑

Hong Kong

The Boss She I knew is under control. How many years will he be in prison? I guess boss She would rather stays in prison than returns the money.

Exposure

2020-08-29

FX2949141364

Hong Kong

The withdrawal hasn’t been to my account since March. The police didn’t file the case.

Exposure

2020-08-28

东郭先生73632

Hong Kong

The withdrawal in GTS is unavailable for 3 months. The police hasn’t filed a case into yet! Ah.

Exposure

2020-08-11

FX2943683212

Hong Kong

The withdrawal is unavailable. Can I take back my money?

Exposure

2020-08-06

FX9971723202

Hong Kong

The withdrawal is unavailable for 3 months. It is simply a fraud.

Exposure

2020-08-05

FX3623605603

Hong Kong

What happened? The fund is yet to be received.

Exposure

2020-07-29

FX2994721071

Hong Kong

The withdrawal is unavailable for 3 months. Hope relevant department see to this Ponzi Scheme.

Exposure

2020-07-16

活出敢性-濤 !

Hong Kong

The withdrawal is unavailable for 3 months. Hope related department see to this Ponzi Scheme.

Exposure

2020-07-12

seven54224

Hong Kong

Unable to withdraw for 3 months. They keep stalling for time!

Exposure

2020-07-11

鑫20148

Hong Kong

The withdrawal is unavailable for 3 months. When can I receive it?

Exposure

2020-06-28

小Q84678

Hong Kong

The withdrawal is unavailable for months. The platform seems to have run away.

Exposure

2020-06-23

初心12930

Hong Kong

The withdrawal is unavailable for one month! I just wanted to pay the housing loan and milk powder! Can you platform help?

Exposure

2020-06-23

goodboy50158

Hong Kong

The withdrawal applied in March is unavailable. The company backed out.

Exposure

2020-06-21

goodboy50158

Hong Kong

The withdrawal is unavailable for 3 months. What happened?

Exposure

2020-06-21

聚和尊享

Hong Kong

The withdrawal applied in March is yet to be received. I am at my wits’ end.

Exposure

2020-06-20

夜丨暮色倾城

Hong Kong

The withdrawal applied in April is yet to be received, albeit successful process. The boss She Lisun has transferred the fund. What we see is only a bunch of number.

Exposure

2020-06-19

138
Website
Genealogy
Company Summary
Review

Users who viewed GTS also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
XM
XM
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

GTCFX

8.12
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
GTCFX
GTCFX
Score
8.12
  • 10-15 years |
  • Regulated in United Kingdom |
  • Straight Through Processing(STP) |
  • MT4 Full License
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
MiTRADE
MiTRADE
Score
8.49
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM)
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FBS
FBS
Score
8.77
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • gtsforex.com

    Server Location

    United States

    Website Domain Name

    gtsforex.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    0001-01-01

    Server IP

    132.148.133.247

Genealogy

vip VIP is not activated.
Please visit the WikiFX App to be our VIP.
Open Now

Company Summary

Note: GTS's official website: https://en.gtsforex.com/ is currently inaccessible normally.

GTS Review Summary
Founded2015
Registered Country/RegionUnited Kingdom
RegulationASIC (Suspicious clone/revoked), FCA (Revoked)
Market InstrumentForex
Trading PlatformMT4
Customer SupportPhone: +44 2035146999
Email: backoffice@gtsforex.com; QQ: 3080134024

GTS Information

GTS is a financial company founded in 2015 and operates under suspicious ASIC clone status. With minimal information through Internet, we can only get that the GTS is a forex brokerage company and offers the famous and user-friently MT4 trading platform. No more details about its background and trading conditions can be found.

GTS' homepage

Is GTS Legit?

Australia Securities & Investment Commission (ASIC)
Current StatusSuspicious Clone
Regulated by Australia
License TypeInvestment Advisory License
License No.486229
Licensed InstitutionINNO QUANTUM CAPITAL MARKET PTY LTD
Australia Securities & Investment Commission (ASIC)
Current StatusRevoked
Regulated by Australia
License TypeAppointed Representative (AR)
License No.001274363
Licensed InstitutionGTS PRIME PTY LTD
Financial Conduct Authority (FCA)
Current StatusRevoked
Regulated by United Kingdom
License TypeAppointed Representative (AR)
License No.784199
Licensed InstitutionGlobal Trading Securities Co., Ltd
Financial Conduct Authority (FCA)
Current StatusRevoked
Regulated by United Kingdom
License TypeAppointed Representative (AR)
License No.815179
Licensed InstitutionGlobal Trading Securities Co., Ltd

GTS claims to hold four regulatory licenses: a suspicious clone Australia Securities & Investment Commission (ASIC) license numbering 486229, a revoked license from Australia Securities & Investment Commission (ASIC) with license no. 001274363 and two revoked FCA (Financial Conduct Authority) license numbers at 815179 and 784199 respectively. With either revoked or suspicious clone status of all these licenses, there's huge problem about GTS's regulatory compliance.

Downsides of GTS

Unavailable website: GTS's website cannot be opened currently. Not any reliable broker will behave like this.

Regulatory concerns: The regulatory status with revoked ASIC, FCA and suspicious ASIC cloning indicates less customer protections and compliance to industry standards of the broker. Trading with GTS is of high risk.

Limited transparency: Important info on accounts, leverage, spread, commission even market instruments are not publically available.

Plenty of negative customer reviews: WikiFX recorded 141 exposures about withdrawal issues and fraud, which is very serious warning sign that the company is a scam.

Market Instruments

We are not sure about GTS's business scope due to the company's extremely limited transparency. It claims to be a forex brokerage on its previous webpage, suppose forex is its main trading instrument.

Trading Platform

GTS claims to provide the most renowned and reputable trading platform MetaTrader4. It's a world recognized platform highly appreciated for its one-stop functionality for market updates, charting tools, technical analysis and trade executing.

Negative GTS Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

As of now, there are 141 pieces of GTS exposure in total. I will introduce two of them.

Exposure 1. Withdrawal issue

ClassificationOthers
Date2024-01-16
Post CountryAustralia

An Australian investor reported that he did not receive his withdrawals even though request had been submitted more than three months.

Exposure 2. Fraud

ClassificationUnable to Withdraw
Date2020-08-28
Post CountryHong Kong

An investor from Hong Kong reported fraud of this broker since his withdrawal hadn't reached his account since Mar 2020. The police didn't file case for him either.

Negative GTS Reviews on WikiFX

Customer Support

The company can only be accessed through Phone: +44 2035146999, Email: backoffice@gtsforex.com and QQ: 3080134024.

Conclusion

In conclusion, GTS was established in 2015 and operates under revoked ASIC/FCA and suspicious ASIC clone status. Limited transparency and its unavailable website give us reasons to believe that the company might have been absconded. 141 exposures recorded on WikiFX further corroborate its unreliability as a scam broker who set unreasonable barriers for traders to withdraw their funds.

Therefore, keeping away from untrustworthy and risky brokers like GTS saves you money.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • United Kingdom Appointed Representative(AR) Revoked
  • Australia Appointed Representative(AR) Revoked
  • Suspicious Overrun
  • High potential risk
Write a comment
138
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com