Read our Gis Capital review to see if we recommend this broker for trading. Just to clear doubts, this is a giscapital.world review. They also use gis-capital.co domain.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Gis Capital is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Gis Capital in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Gis Capital Review Conclusions
Making the Gis Capital review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Gis Capital review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Yes definitely a scam
100% a scam. Dealt with a person called Cammi Woods, paid $250 false login details, to a false address.
False financial adviser, then sends false logins to a site called webtrader.
Its not the money, its the hope and lies that did it for me.
***Very Low Quality SCAM***
Email address is undeliverable.
Documentation read nonesense.
Found add on youtube.
(1/5)
It is 100% a scam for sure. They were nice at the beginning but when it comes to withdraw your money, they changed their faces. They are a bunch of bad, not being honest people. I am one of the victims. They don’t and they won’t give your money back when you realized that dealing with them is the big mistake you ever made. Be careful when you invest some money with them, Especially a young lady named Eva Jacqueline, she isn’t a professional both as a human being and as a financial adviser. I lost $350 CAD.
What happened after? Were you able to delete your account or anything?
Total scam great at beginning until withdraw request had 17000. Now nothing.
Want my 250.00 back.
(1/5)
GIS Capital is scam. Please stop having financial transactions with them. Be warned!!!!
My transaction with GIS Capital stated around September 2022. I made a payment of $250USD after watching Tesla advertisement on youtude programmes.
I received a message from a lady named Clare Smith on Monday September 19, 2022, introducing herself as the senior financial advisor from GIS Capital that there are new project available for TESLA brought her attention that I’ve registered and she needs to crate my trading platform.
After some weeks of trading she asked to make additional payment to my initial deposit which I refused to do. She stopped trading on my account after i refused to pay her demand. I demanded for my money back after some week but my surprise Clare Smith stopped calling me and stopped answering my phone calls.
On Wednesday 23 November 2022, I received a message from Peter Brown introducing himself as Senior Account Manager of GIS Capital that he has personally taken care of my trading account. That day he showed me that my account has reached to $9,461.49USD.
From my trading platform I noticed that it doesn’t look like what they are showing on Tesla advert. It has no records on webtrader column also there’s no single record of trading history. I discovered that they input the profits manually but no automatically. Between September 19, 2022 and January 24, 2023 my trading account has drastically rised to $34,279.59. At this point, I made a request for the withdrawal part of the interest accumulated just confirming what i was seeing in my account, before I know what is happening; Peter Brown has closed my account with a sum of $35,856.42USD with message sent to my email.
Another dramatic events begins when I sent message to Peter Brown telling him that I did not requested for total closure of my account, I do not intend to close my account, he has to reverse the transaction. He replied back that the transaction cannot be reversed. He now asked to open a Binance account for the collection of my money on transit. Also I have to pay a sum of $1,792.82USD as 5% commission before the money on transit could be released.
My people please trade wisely.
I wouldn’t trust this company for anything related to investment. My ” broker ” scammer was Jason Cordina we originally sent $340 and to initially qualify for the quantum ai once bank recovered initial investment but not before I had sent another $475 cnd told Jason to close my account I want out all of a sudden I’m the bad guy for closing my account I sent a second message after he cried about me wa ting my money back he still hasn’t read it and I’ve turned this over to the fraud department of my bank….. if negative numbers were available to use for reviews I would rate Jason Cordina and giscapitol-10
(1/5)
Mark Miller. Jason Cordina
Thes 2 people are the biggest scammers ever… I’ve requested my money be refunded and their response is that I need to pay $78 for fee’s. My response was take the $78 from my $869usd and etransfer the rest back into my account. I’ve contacted the FCA and Giscapitol isn’t even a registered trading company so I assume the FCA card # Mark sent me is a joke as well. When they guaranteed that if send the $78 they would promptly etransfer my money back I asked what guarantee do I have that you are trustworthy and have even tiniest bit of integrity, so he sends me a copy of his passport and his FCA card number. My comment was what good does that do I can’t cash those in for $869. Mark told me I could report him to the FCA and it would go on his file. I sent query to the FCA asking about Mark and Giscapitol it wasn’t a good reply they aren’t registered. Very reputable company. If I forward all correspondence to them they will pass it on to the authorities for further investigation this is what I’m going to do hopefully these 🤬🤬 will be arrested and put in jail for their heinous crimes.
If a negative rating number could be given I would give them a -10
(1/5)
hi same happen with me .can u please tell me how get back my fund.
I made a deposit of USD250 on 28 March. My investment has grown to USD12338.00. I requested to withdraw funds but was told I must deposit 10% of the amount I want to withdraw as an insurance but would get this money back once I have got the money into my account. I do not have any more money to make this deposit so I cannot withdraw the fund and something tells me that I would lose the money and they will not transfer it to my account. From March to now their web page has changed from https:giscapital.co to https:gis-capital.co/ to giscapital.ltd . I dealt with a man by the name of Mark Miller. Since I told him I do not have extra funds for the withdrawal I have not heard from him again.
Miami that’s the same asshole I dealt with I’m sorry to hear about your misfortune. My saving grace was my bank got all my money back that I originally invested. I still get calls from them trying to get me to send some % of $ then they can start to release the ” investment gains” back to me. My gut says don’t risk it and I’ve made it abundantly clear that I’m more than willing to recoup that money but it’s never happening where I’m sending any money to them.
I wish you all the luck to get your money
Bill Clendening