58 reviews of GAINSY are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I might say that this company is quite flexible in its services. Having two trading accounts, I ordered two different non-withdrawable bonuses for my different strategies. I shall mention that they provide stronger-than-average services, completely fulfilling their obligations on bonuses and other tips they provide and also they ensure a high order processing speed, especially during calm markets. Their support is quite polite and helpful, and as a long-term runner, I am used to pen trades and can calmly leave them for a week or two, as swaps on major currency pairs is not huge. Recently I made a withdrawal which worked out more general profit that I have deposited in total, so with Gainsy I feel confident and reliably so far. Truly hope this will continue. Among disadvantages, I may mention that their website is old-looking and somewhat ugly, also there are still no oil for trading, but in general, I am more than satisfied with their cooperation.
One of the most important indications of a broker's credibility for me is how they are willing to process withdrawals. In less than three monthses, I had managed to double my invested amount and applied to withdraw the money. So early the next day the money were already in my e-wallet, that is the thing. What about trading conditions, execution is like by many others, spreads are adequate, especially on major pairs such as eur/usd. But personal cabinet is sincerely so-so. So as earning instrument, I currently see that as a good company. If something changes negatively, I shall report here as well as on other sources.
For more than 10 years of my experience with forex and cfd I met quite a few decent brokers. Traded with Gainsy from the middle 2013 till September, 2015, then wanted to tried something else. When at the beginning of 2015 it was the only my broker out of 4 who had paid all the profit, it was the signal to continue, and now I feel sorry having not done it. Execution speed is good, spreads are pleasant and correspond to what they advertise on their site, and what is the most important, withdrawals are paid right in time without delays. If only the'd have cfd, it would probably be the only broker I trade with. This company is of course not super perfect, but quite solid in providing forex trading.
Recently I began trading on this platform, just two months. I was attracted by trading conditions and I decided to try starting from $ 500. Please note that the currency is not much, but there are most popular, which is in principle sufficient. In general, during this period withdrawals and always everything was fine a few times. So I recommend this broker.
I am their client for almost one year, and more than last half year I manage pamm account. Good point is that they provide high order execution speed and don't move opened order to SL deliberately, like many others really do. With such smooth trading I as pamm trader feel confident in taking responsibility of investors' money and it helps me to win profits. About bad points, I would really be glad to see more instruments for trading and maybe some more trading platforms. After all, for their good conditions for trading and withdrawals my impression is positive.
I recently detected that execution speed improved, plus there are almost 0 spikes (well, during heeeavy impact news every brokerage has spikes, this one is not an exception). Some of recently added bonuses are odd, but some of them are quite handy for deposits from 5k. So far this broker is worthy to work with.
As a risky trader, I'm trading only on News. Recent Brexit outcome was something really unexpected, it's good that I hedged most of my risks through gainsy + tickmill. It was a bit weird, that at some point leverage was extended, not cut as it was at other brokerages. Thus, there were no problems at the end of trading session. I have successfully cashed out all my investments from here until further big news. Will surely hedge trades here in future.
After three months trading demo deposited into my live account. Trading is the same as with demo, order processing is rather fast, and what's the most pleasant, there are no huge widenings of spread while opening and closing of trades during news, unlike some other brokers I traded with. For a couple of months with live account, applied several times for withdrawal, everything was processed in due time. So at the moment, I am pleased with their services.
Wanted to share my experience with this company.
Unfortunately, withdrawal hasn't been checked yet, so I would like to tell about trading process and deposit.
First: payment methods.
Used SKRILL for deposit without commissions, they say that withdraw also without commission. It is one of safest methods that I know so I chosen it.
Second: their website.
It is not so comfortable as I used to have at other brokers, but after getting instructions from support, it is become easy and understandable to navigate on it.
Third: trading platform.
I thought that it is strange, that I must to download their MT4 platform for trading, but now I understand that it is great for keeping safe of their servers and my money.
The same thing I can tell you about limitation of "PASSWORD CHANGE" function.
Everything is kinda ok. I am able to trade manually or to use EA - there are no restrictions in styles of trading. Spreads are tight! So tight, as I never saw before! Execution speed: normal. I am not using EAs during tests, but speed is enough for manual trading. Usually, it is about 1 second, so, I think, it must be good even for scalping.
Standard $4 commission, nothing special.
So, finally, this broker offers nice terms of trading for every type of traders, but, unfortunately, SWAP free accounts are unavailable for every trader. Also, this broker doesn't offers its services for citizens of USA.
It is not like they are the best, but they have my respect for how they do business. Not a single serious issue within a year. Support is always polite and helpful. Well it is how it should be. I get my profits and have nothing to say apart from thanks for their service.
Basically, good broker, have been working with it for 1 year already. The only thing, during the latter time their speed of order execution became noticeably better, nice improvement. In general, conditions are quite good for trading and withdrawals.
It is good for me, execution like by many others but not depend on lot size. commissions not the lowest but spreads one of lowest i saw. average conditions without problems in trading, i am pleased
For year and a half of cooperation all is good till now, execution speed is fast even during news and spreads are really tight and pleasant. Not every company offers such level of trading conditions (my overall fx experience is more than five years with several companies). Chat online suporters are both helpful and pretty
This company has surprised me in a good sense once again, I used their New year bonus so my considerable loss turned into a little profit after I had requested it. That was hard for me to believe at first, but it turned out to be so)) It was very pleasant that I got my money yet before New year, many thanks for such promo.
Hello, I would like to share my experience with them. Well first of all I want to say, that forex trading is more like a hobby for me. I have a job that I love and I earn enough so trading on forex is more like an insurance for me. You know like you never can be sure how your life would turn our so it's very important to have a semi-stable additional income. With gainsy I have no problems making withdrawals, I do it in small amounts every week to my skrill account and then to bank where it would wait for when it would be necessary. I very much enjoy that i always can be sure, that my money would be with me in a couple of days. Reliability of withdrawals. That is the main characteristic of a good broker for me. Thought tight spreads make a good addition to it. I only trade on EUR/USD with short-term orders (don't like to leave anything, when I'm not around the computer) so 0.1 givers me really nice opportunity to get some additional money.
To submit your own Forex Broker review for GAINSY fill the form below. Your review will be checked by a moderator and published on this page.
By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. email@example.com) will not be published. Please submit your normal e-mail address that can be used to contact you.
Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.