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/10

GainScope

Singapore Singapore | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.gainscope.com

Website

Rating Index

Contact

+62 855 302 6878
http://www.gainscope.com
Wisma Atria Level 435 Orchard Rd, Singapore 238877

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Singapore
Operating Period
5-10 years
Company Name
GainScope
Abbreviation
GainScope
Employees
--
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • gainscope.com
    198.154.226.177
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2006-07-21
    Website Name
    WHOIS.FASTDOMAIN.COM
    Company
    FASTDOMAIN, INC.

Company Profile

Company Profile

Review summary

Basic Information & Regulators of GainScope

GainScope was founded in 2006 and is a forex broker offering a wide range of services to individual investors and companies. GainScope's parent company is FX DirectDealer LLC or FXDD broker. GainScope offers services ranging from FXDD in Malta (leverage 1:30) to FXDD in Bermuda (leverage up to 1:500) and Trading in Mauritius. GainScope's website claims to be regulated by the FCA in the UK and the MFSA but does not provide a specific regulatory number.

Safety Analysis of GainScope

GainScope's official website claims to be regulated by MiFID, FCA, and MFSA. However, in reality, it is a non-regulated broker, which means that the safety of investors' funds and trading activities are not effectively protected. Investors should be careful to stay away from the GainScope forex broker.

Market Instruments of

The main investment products GainScope offers to traders are Forex currency pairs, gold, silver, oil, stocks, and bitcoin.

Leverage & Accounts

GainScope's account types include demo accounts for trading practice, live accounts, and Islamic interest-free accounts for Muslim traders.

Spreads & Commissions of GainScope

GainScope's website only shows low spreads (depending on the currency). GainScope calculates spreads into commissions and no other fees.

Trading Platform Available of GainScope

GainScope offers traders the white-label MT4 trading software, the most popular trading platform used by more than 80% of the world's Forex brokers. MT4 has a user-friendly interface, full charting capabilities, technical indicators, trailing stop function, robot/EA auto trading available.

Deposit and Withdrawal of GainScope

GainScope supports traders to deposit funds to their investment accounts via FXDD's web page, bank wire transfer, international bank transfer, credit card, Skrill, NETELLER, Asian direct deposit (via online banking API/e-banking) and it takes about 1-3 business days for the funds to arrive. Traders withdrawing funds via bank wire transfer will be charged a bank fee of USD 10 to 30. The minimum withdrawal amount for wire transfers must be higher than $100.

Advantages & Disadvantages

The main advantages of GainScope as follows:

l Wide range of trading instruments offered.

l MT4 trading software.

The main disadvantages of GainScope are including:

l Not subject to any regulation

l No spreads & commissions are introduced.

l Narrow selections of deposit and withdraw options.


Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is GainScope safe and reliable?

Based on its operational profile and regulatory status, GainScope exhibits a high-risk profile. According to WikiFX data, it holds a total score of 1.58 out of 10, which is among the lowest ratings. The broker lacks any valid, authoritative regulatory licenses, meaning it operates without standard financial oversight. Consequently, client funds are not protected by mandatory compensation schemes, investor segregation rules, or regular audits common with regulated entities. While it claims affiliation with the FXDD brand, this does not substitute for direct regulatory authorization. Extreme caution is advised for potential clients.

Three days ago
United States

Is GainScope regulated?

No. GainScope does not possess a valid forex trading license from any recognized financial regulator. WikiFX assessment indicates a 'No Regulation' status and identifies its business scope as 'Suspicious'. Although the company's promotional material references associations with regulatory bodies like the UK's FCA and Malta's MFSA, it fails to provide specific license numbers for verification, a significant red flag. Operating from Singapore without a Monetary Authority of Singapore (MAS) license further confirms its unregulated nature.

Three days ago
United States

What is the minimum deposit of GainScope?

Specific information regarding GainScope's minimum deposit requirement is not currently publicly disclosed on its official channels or in available market data. Typically, deposit requirements can vary based on account type and targeted clientele. In the absence of clear, official data, potential clients should directly inquire with the broker and exercise caution, as an undefined deposit structure is an additional transparency concern for an unregulated entity.

Three days ago
United States

Does GainScope support MT4 or MT5?

Yes, based on company descriptions, GainScope claims to provide access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These are industry-standard platforms known for advanced charting tools, automated trading capabilities via Expert Advisors (EAs), and extensive market analysis features. However, it is important to note that platform access does not equate to regulatory safety or reliable execution, especially when offered by an unregulated broker.

Three days ago
United States
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