Broker Review

Unauthorised Firm Details
Name: Gsb-capital.ltd
Website: gsb-capital.ltd

Platform Overview

gsb-capital.ltd is (or was) a website purporting to be associated with GSB Capital Ltd, offering online investment and trading services. However, multiple independent investigations and regulatory bodies have raised serious concerns about its legitimacy.

Key Red Flags and Warning Signs

1. Impersonation of a Real Firm

   • The Dubai Financial Services Authority (DFSA) issued an alert stating that GSB Capital Ltd (a legitimate regulated firm) is being impersonated by the operators of gsb-capital.ltd.

   • According to DFSA, the scam site used the actual GSB Capital address in DIFC and falsely claimed to be DFSA-authorized.

2. Lack of Proper Regulation

   • According to Broker Watch Dog, gsb-capital.ltd does not show evidence of regulation by credible authorities like the UK’s FCA or ASIC.

   • The site is not approved or supervised by major financial regulators, and even mentions a warning issued by the Central Bank of the Russian Federation (CBR).

   • AlertTrade similarly points out that the platform lacks proper regulatory oversight.

3. Hidden Ownership

   • The domain’s WHOIS data is hidden via a privacy-protection service, which obscures the real owner.

   • The domain is relatively new (registered August 2024), which raises further suspicion.

4. Aggressive / Unrealistic Promises

   • According to several review sites, the platform promises very high leverage (up to 1:1000), which dramatically increases risk for users.

   • There are claims of “protected deposits” and STP (straight-through processing) execution, but reviewers note a lack of transparent proof for these claims.

   • The minimum deposit is reported to be $250, which is within the range common for suspicious platforms.

5. Withdrawal and Customer Support Issues

   • According to Broker Watch Dog, users report problems withdrawing funds: unexpected delays, hidden fees, and unresponsive customer support after depositing.

   • EXP-Sovet also details that some users claim their accounts were blocked when they tried to withdraw, and that support was unreachable.

6. Domain Trustworthiness

   • Gsb-capital.ltd a “very low” trust score, which is a strong indicator of potential risk.

   • The domain is hosted via Cloudflare, and while that’s not inherently bad, combined with hidden ownership and low trust it raises more concern.

Verdict

gsb-capital.ltd appears to be a fraudulent clone of the legitimate GSB Capital Ltd. The use of the real firm’s name and address, combined with lack of proper regulation, hidden ownership, and aggressive high-risk promises, strongly suggest that this is a scam designed to lure in unsuspecting investors.