GainGround: customer reviews on the company’s performance in 2023
GainGround: real reviews about the company’s work in 2023
GainGround guarantees reliable trading solutions and convenient access to deals with basic Forex currencies, cryptocurrencies, indices, and commodities. However, despite the stated advantages, reviews about the company are mostly negative. Users claim that GainGround is one of the serial scammers, so they recommend avoiding cooperation with it. However, for a complete picture, we conducted a thorough investigation to find out the facts about this company.
What facts are known about GainGround?
GainGround presents itself as an international forex broker, providing clients with everything they need for successful trading. However, information about the project’s existence and its achievements is not provided to potential clients. Based on reviews and translations into Russian, it can be concluded that the company is focused on working in the Russian-speaking segment (Russia, Kazakhstan, Belarus).
By checking the project’s registration date via the whois service, we found out that this website started operating in February 2023.
How are things with legal documents?
GainGround does not provide scanned copies of legal documents to confirm its legality. It is only known that the broker’s headquarters are located in the UK. However, conducting our own verification, we found out that GainGround does not have the necessary licenses and is a fake.
The lack of licensing means a lack of guarantees for clients, and cooperation with an illegal broker deprives you of legal protection.
Trading conditions
GainGround offers access to trading various assets, including currency pairs, cryptocurrencies, commodities, and indices. There is no demo account on the platform, but several tariff plans are offered. The features of the commercial offer include a minimum entry threshold, various payment methods, and a leverage of up to 1:3000, which can be risky.
Real user reviews indicate that the GainGround platform may not work in favor of clients and may hinder fund withdrawals.
What do reviews say about cooperation?
Users note that GainGround does not pay sufficient attention to the interests of clients and is prone to fraud. Reviews emphasize that the company may use various methods of pressure and manipulation. We recommend reading the reviews of other users before deciding to cooperate.
How does the scam work in GainGround?
GainGround uses the manipulated EvoTrade terminal to scam users. Scammers can simulate successful deals to lure investors, but ultimately clients may face difficulties in withdrawing their funds. All financial responsibility falls on the clients, and the company limits protection options.
Conclusions
GainGround is a dishonest company created to deceive clients. Operating without the necessary licenses and insufficient transparency make cooperation with this company risky. We recommend paying attention to other brokerage companies in the market to avoid the loss of your own funds.