Review Score
Platform
Pricing
Customer service
Features

Gainsy

Minimum deposit ($)
10.0
Commission
4.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
1.0E25
Spread
Variable
Broker type
STP, ECN
Maximal leverage (1:?)
500
Phone
+44.141.416.7777
Fax
-
Availability
Phone, Chat, Email
Address
Cedar Hill Crest,P.O. Box 1825, Villa, Kingstown, St. Vincent and the Grenadines, West Indies
Trading Platforms
MetaTrader 4
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Moneybookers, Paypal, Perfect Money, WebMoney, cashU, Neteller
Account Currency
USD, GBP, EUR, CHF, CAD, AUD
Languages
English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Russian, Hebrew, Mandarin, Chinese, Bangla, Polish, Indonesian, Arabic, Korean
Country
Saint Vincent and the Grenadines
International offices
United Arab Emirates, Hong Kong, United Kingdom, Saint Vincent and the Grenadines
Trading platform(s) timezone
(GMT) Western Europe Time, London, Lisbon, Casablanca
Other trading instruments
-
Gainsy User Reviews
Member Since Aug 20, 2009   266 posts
Aug 20, 2018 at 07:07
This broker is the worst of the worst.

Excessive slippage noted on scalping trades. Excessive withdrawal fees via Neteller of 6.5% with the option to charge 25% if you do not trade at least 1 lot per $1000 of deposit.

Big hassles to withdraw funds with new levels of 'verification' each time you try make a substantial withdrawal.

Last but not least, they simply stole $15 000 from me by opening and closing high spread trades on my account. In the space of 10 minutes my account was drained with the funds ending up in their account as the counter party to the trades.

stay far far away. There are some really good brokers out there but Gainsy isn't one of them......
Member Since Nov 17, 2016   2 posts
Nov 18, 2016 at 09:07
A good experience with this broker. Excellent trading conditions.
Member Since Aug 09, 2016   6 posts
Aug 11, 2016 at 06:10
Trading conditions are quite good as for me, the same can be said about execution speed. I have had several withdrawals that were processed on time. Will see how things go
Member Since Mar 30, 2016   32 posts
Aug 11, 2016 at 06:01
I have been trading more than year with them and have never had problems yet😄
Member Since Jul 09, 2014   89 posts
Aug 09, 2016 at 18:06
Ordinary scam... If you dont have problems, many does. I suggest to everybody, before you start trading with Gainsy (SCAM), just check on GOOGLE and you will get answers about this fraud company.

They just aim on traders who are loosing and they dont pay profits 😉

Banana republic broker, with no normal regulator, if anybody wants proof I will send it...

GAINSY = SCAM !!!!!
Member Since Mar 30, 2016   32 posts
Aug 09, 2016 at 13:42
That's quite normal broker. I have been trading with them for more than year already. Services quality is being improved, order execution is just great. I make withdrawals regularly and they always pay on time. Also their big merit is news trading, there were no spread widening during Brexit and conditions for trading remained the same. Very good service.
Member Since Jun 01, 2015   6 posts
Jul 29, 2016 at 07:36
feifeiyu7247 posted:
there is price distancd limmit.and the trade delay is terrible.I rent a vps which pings it's live server with a 22ms result,but the trade delay can be 109s,and often be 5-20s. that can be seen at the accessory.

Gainsy is listed as Scam on FPA: https://www.forexpeacearmy.com/public/review/www.gainsy.com

  i also had very bad experience with gainsy, big delays in execution and execution of trades with 10 -20 pips difference is common.
Golden_Midas
Member Since Mar 04, 2015   61 posts
Mar 18, 2016 at 09:16
napoleonsd Feb 12 at 13:45
'My friend get scammed in this broker few months ago, DONT OPEN ONE ACCOUNT HERE' ... said oanda's representative)
Read your posts... It's so pity... Really, I am so sorry for you(((
Member Since Nov 11, 2014   9 posts
Feb 12, 2016 at 11:45
My friend get scammed in this broker few months ago, DONT OPEN ONE ACCOUNT HERE
Golden_Midas
Member Since Mar 04, 2015   61 posts
Nov 26, 2015 at 14:50
Sorry, I don't know how do you trade, but I didn't have such problems by this time, and sorry, but it's fun: someone from broker's side opened orders on your account. Really, lol!
and 109 s? really? man, are you sure this really happens? Sometimes opening of my trades takes up to 5 second, but never more. Check your VPS or don't use it at all. I am trading from my PC and never had such delays.
Member Since Jun 01, 2015   6 posts
Nov 09, 2015 at 15:24
feifeiyu7247 posted:
there is price distancd limmit.and the trade delay is terrible.I rent a vps which pings it's live server with a 22ms result,but the trade delay can be 109s,and often be 5-20s. that can be seen at the accessory.


Totally agreed gainsy is fraud broker.
 
You will get even worst trading when you increase trading volume and frequency.

better stay away from this broker.
Member Since Apr 28, 2014   1 posts
Oct 29, 2015 at 07:06
VlasovTrend posted:
Guys, I really don't know what I have to do to my account become blocked. I made withdrawals a lot of times with different amount of funds. I cannot understand, if your accounts really were blocked or you were 'cheated' by them, please, tell me, WHAT HAVE YOU DID?

and one more, ks168, isn't it your profile 'omarx816'? the same digits in another order etc...)


I made more than 5000%+ in 10 days manually from 27$ to 1340$.
later I lost sth like 600$. but still a lot more then deposit... - more then 700$ before FOMC - GAINSY - disconnect my account (5min. to data) I couldn't close position - ok i lost 150$ on SL...
BUT.... restore connection 23 minuts after... data and When i saw History of transations... i Was shocked...

Somebody from broker open 4 times in a row loosing orders (3x 1 lot and 1x 0.3 lot) and my money gone...

I was trying to make a statement for a PAMM... but - they playing against you and your money.
...

FRAUD and SCAM. In two words.

You should watch out.
Member Since Jul 09, 2014   89 posts
Oct 14, 2015 at 11:35
Some investors got their money and lot of investors didnt get the maoney back. Luckily I only get my deposit back but no profits, because after I wanted to withdrawal profits they deleted my account...

For me GAINSY IS SCAM and they only take money ;)
Golden_Midas
Member Since Mar 04, 2015   61 posts
Sep 29, 2015 at 03:30
Personally I got (withdrew) already 5K without any delays (there were 2 withdrawals - 2K and 3K, so totally it was my initial deposit.)) Also some of investors already got their profit too.This time I'll try to withdraw about 7K.
Member Since Jul 09, 2014   89 posts
Sep 15, 2015 at 12:23
spykenhower20020 posted:
i wonder if ECN does really exist in brokers claiming it to be? or it is just a plain marketing to attract investors?
and does legitimate broker really exist in forex or all of them are just bunch of scammers that will eat up all your capital?

Usualy 'ECN' brokers are scammers. There are some I tested and they 'eat' my money:

gaisny.com, umofx.com, arafx.com,... There are guilty cases and some of them are already marked as SCAM.

Even regulated brokers are players (ufx.com) - when you put withdrawal request they simply ignore you because they know lot of traders wont go further than wrote some emails to their support and then just leave the money there...
Member Since May 23, 2014   28 posts
Sep 11, 2015 at 03:16
Lagurteng posted:
I am pleased with this broker.

So me too! Yesterday I invested some funds (about 30K) into one PAMM account that shows great results for last 3 months. I think I am able to earn a lot of funds with this manager (his name is Vladimir and I found him here - thanks to MFB).
From the beginning of this year I invested funds to different accounts of this broker and almost always I got a profit.
Member Since Sep 02, 2015   10 posts
Sep 04, 2015 at 10:06
Oh my God. Sounds like an insult. I just expressed my own opinion and I don't make somebody believe me. I am pleased with this broker. It doesn't say about anything that I registered the day before.
Member Since Jul 09, 2014   89 posts
Sep 03, 2015 at 10:39
First show your facts and then we can believe someone who is registered from yesterday...

https://www.forexpeacearmy.com/public/review/www.gainsy.com

BROKER WITH MANY BAD REWIEVS - SO WHY TRUST THEM!!!???
Member Since Sep 02, 2015   10 posts
Sep 03, 2015 at 09:50
I don't know why some people say they're bad, I work with them more than a year and everything's cool. Deposits, withdrawals, spreads, execution, support... I'm pelased wit heverything.
Member Since Mar 24, 2014   4 posts
Aug 30, 2015 at 14:33
yes they are biggest forex scammers. im really wondering how they can even still exist. read more on fpa here https://www.forexpeacearmy.com/public/review/www.gainsy.com

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