GAINSY Journal (Broker out of business)

Journal status: closed
GAINSY out of business
GAINSY Profile
Website
www.gainsy.com
Year
2012
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
MM, STP, DMA, ECN pricing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
29
LPs quality
Tier-1 Banks
LPs names
ANZ, BBVA, BNP Paribas, Banca IMI, Bank of America, Barclays, Citibank, Commerzbank, Credit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, ING Group, Intesa Sanpaolo, JPMorgan, Lloyds Bank, MUFG, Merrill Lynch, Mizuho, Morgan Stanley, Nomura, Nordea, RBS, Santander, Societe Generale, UBS, UniCredit, Wells Fargo

GAINSY Accounts
STP
ECN
Minimum Deposit
10 $
10000 $
Leverage
500 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.1 pips
0 pips
Commission
4 $/lotRT
4 $/lotRT
Volume
...
...
Margin Call
70 %
120 %
Stop Out
50 %
100 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Update broker

Is GAINSY safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: yes

Is GAINSY trusted?

  • Information transparency: high ★★★★★
  • Customer service: ...
  • GAINSY website: semi-detailed, updated ★★★
  • GAINSY popularity (by visitor count): low visits ★★

How GAINSY works

1.7. The Client and the Company enter into agreement as Principals. The Company does not act as an agent on behalf of the Client unless otherwise is agreed.

4.2.1. For conducting trades the "Market Maker" quoting mechanism is used.

2.8. The Company, partners of the Company or any other third parties authorized by the Company may have financial interests, legal relationships or arrangements concerning specific transactions on GAINSY.COM or on the trading platforms provided by the Company, or interests, relationships, or arrangements that may conflict with the interests of the Client. For example the Company may:

- act as Principal concerning any instrument on the own account of the Company by selling or buying instruments from the Client;

- combine transactions of the Client with that of another Client;

- buy or sell an instrument the Company recommended to the Client; or

- advise and provide other services to partners or other clients of the Company who may have interests in investments or underlying assets which conflict with interests of the Client.

https://www.gainsy.com/forex-broker/about/doc/client-agreement



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