GSC Review

GSC Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this GSC Review.

GSC Review

GSC does not provide information about account types, therefore we assumed that there is a single account option with this broker, and called it “Standard” for convenience. It provides high leverage levels up to 1:500 and variable tight spreads. Micro lots are not available for trade.

In fact, Golden Stone Capital (GSC) does not disclose what is the minimum investment required for account opening, as well as other important information. This lack of transparency reduces the credibility of the company. Otherwise, its spreads are really tight, amounting to 0.3 pips on EUR/USD, but what bothers us is that no commission applies, as is usually the case with brokers that claim to provide direct market access (DMA). This sounds too good to be true, and besides, if GSC charges no commission, there is no way for the company to be profitable. We assume that the lack of commission fees is just a marketing trick that applies to the broker’s demo accounts.

By comparison, some of the best forex brokers offer spreads within the range of 1.0 – 1.5 pips on EUR/USD and most of them are licensed by reputable regulators, while GSC operates without a valid license.

The Company. Security of Funds




Golden Stone Capital Limited



GSC offers trading in more than 35 currency pairs, precious metals and some CFDs on the MetaTrader 4, as well as on Advanced Trader platform. Unfortunately, there isn’t much information on the broker’s website about the company behind the brand, Golden Stone Capital Limited.

When we googled the company name, we found out that the firm is registered in England, and that its Country of residence is Malaysia. When we downloaded GSC ‘s MT4, however, the name of another company popped out- GSC Financial Service Limited – a private company registered in Hong Kong. To make matters even more confusing, the broker provides an Australian phone number.

We don’t know where are GSC’s headquarters, offices, whether it holds a valid forex broker license. Since all regulated brokers mention their licenses and even brag about their offshore registrations, we assume that GSC is not regulated.

Lack of regulation of a forex broker basically means lack of reliability. Such brokers can manipulate the platform or get away with your money and there is little you can do about it. You can find further information about the risks of investing in unregulated or offshore companies here. We advise traders to avoid such comoanies and invest their money with duly regulated brokerages in reputable jurisdictions, such as UK, Cyprus, or Australia for example.

Trading Platforms

When trading with GSC, you will be offered the popular MetaTrader 4, as well as Advanced Trader.

According to the information on GSC’s website, Advanced Trader is available in desktop, web and mobile versions and is a fully customizable trading software. There is no option for platform download, so we could not try this platform out. Swissquote’s proprietary platform is called AdvancedTrader, but maybe it is just a coincidence.

In addition, GSC offers the MT4 platform as desktop download and mobile applications. MT4 provides all the necessary tools and resources to analyze price dynamics of financial instruments (such as charting tools, technical analysis indicators, etc.), trade, or create and use automated trading strategies (EAs) and back-test them.

Methods of Payment

We could not find any information about the payment methods GSC supports. At least it must offer credit/debit cards, and bank wire transfer.

GSC is a forex and CFD broker that seems to offer attractive trading conditions, but the situation with the companies behind the brand is rather confusing. The main problem with GSC is that it does not hold a forex broker license. Besides, the information provided on its website is rather limited.

The Broker is not a safe forex broker, Instead you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

GSC Review Conclusion

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