GAINSY Review

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GAINSY
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General Rating

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3.50/5

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GAINSY is a well-established broker since 2012. GAINSY has a headquarter in Saint Vincent and Grenadines. It is are generally well-suited for GAINSY to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by FSA (St. Vincent & Grenadines) 21559.


Company Information

🌐 Website
www.gainsy.com

Year Established
2012

🌎 Country
St. Vincent & the Grenadines

💼 Regulation

Features

💹 Interest rate on funds

💰 Bonus offers

🏆 Trading contests

📖 Free education

👩‍💼 Personal manager

☎️ Trading by telephone

👨‍💻 PAMM accounts

📁 Segregated accounts

👔 Affiliate program

🕋 Islamic accounts available

Account Information

Apart from the forex demo account, this broker offers Classic (STP) and Premium (ECN). To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by GAINSY is up to 1:500. Meanwhile, you can open an account with a starting capital of $10.

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Min Deposit

$10

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Max Leverage

1:500

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Spread

Variable

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Commission

$2

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $10

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Pending orders

1️⃣ One-click trading

📱 Mobile trading

💻 Browser-based platform

Instruments Traded

Besides lots of currency pair, GAINSY also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Classic (STP) account, GAINSY specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:50


💲 Min Deposit $10000

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Pending orders

1️⃣ One-click trading

📱 Mobile trading

💻 Browser-based platform

Instruments Traded

Besides lots of currency pair, GAINSY also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Premium (ECN) account, GAINSY specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:25

Payment Methods

CashU : If you live in the Middle East, CashU is one of the most popular online payment services there. CashU is a digital wallet that allows clients to pay or transfer money online instantly and offer users its own pre-paid MasterCard with no absolutely additional fees attached. Introduced in July 2002, CashU has targeted the Middle East and North African markets where it serves close to 2.3 million customers. This is the reason why many of the forex brokers that are expanding in the North African and Middle East market accept CashU as one of their payment methods.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

GAINSY also provides payment with UnionPay, Perfect Money and Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, GAINSY offers you MetaTrader 4 and Gainsy Platform.

Customer Support

Do you have any question or find any trouble related to GAINSY? If you do, you should reach GAINSY's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Chinese
English
French
German
Greek
Hebrew
Indonesian
Japanese
Korean
Portuguese
Russian
Spanish

Office Support

Email Support

Call Support

Chat Support



FAQ About GAINSY

Is GAINSY a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if GAINSY is a good broker for you or not by reviewing the criteria. In general, GAINSY provides trading service in Forex , Gold & silver and CFD . As for the payment methods, you can choose between CashU, Credit/debit cards, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, WebMoney and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Skype and Web form.


What is the minimum deposit for GAINSY?

The starting capital in GAINSY is $10.


Is GAINSY regulated?

GAINSY is regulated by FSA (St. Vincent & Grenadines) 21559. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is GAINSY legit?

GAINSY is a brokerage company offering trading services for clients since 2012 with offices in Saint Vincent and Grenadines.