Warning: Is GSTrade a Scam?

Review: GSTrade (gstrade.exchange)

GSTrade (gstrade.exchange) has been marked as a probable fraud broker.

We found that the company name is GSB Gold Standard Pay Ltd, and it is located at Republic of Kazakhstan.

GSTrade claims to be a trading firm, but it appears currently unregulated by any top-tier financial regulator, such as the FCA or SEC.

Have You Lost Funds to GSTrade?

If GSTrade fails to return your capital, time is critical. Submit the inquiry below to consult our investigative team for a complimentary assessment.

Is GSTrade Legit?

The biggest red flag is that GSTrade (gstrade.exchange) has no license to operate.

Investing with unlicensed entities is highly dangerous. Legitimate firms are must be licensed with bodies like the FINRA or FCA for your protection.

GSTrade lacks this supervision. This means there is no protection if they steal your money. Many online scams use unregulated actors, and getting back money from them is difficult without professional assistance.

For instance, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, so your capital is completely exposed.

Warning Signs of GSTrade

Online trading fraud is evolving. Fraudsters use social engineering to steal wealth. Here are typical methods used by sites similar to GSTrade (gstrade.exchange).

Pig Butchering & Romance Scams

The "Romance Scam" is a cruel method where scammers build trust over months. They fake a friendship online. Eventually, they introduce a secret crypto opportunity. It's a trap to lure you onto a scam site like GSTrade.

Rigged Platforms

Fraudsters build websites that look exactly like legit trading apps. They have charts and balances that go up. But it is a game. The scammer manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• No License: The company lacks authorization.
• High Returns: They promise 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" push you to deposit more.

Ignore fake reviews. Fraudulent brokers often write their own 5-star reviews to appear real.

Verdict

Our verdict is to block GSTrade. It is likely a scam. Protect your money and use a licensed broker. Avoid gstrade.exchange at all costs.