GKS is a binary options broker. There is absolutely no information on its website about the address, contact number, terms & conditions, or any other legal document. The broker lacks transparency and therefore it would be risky to invest funds with them. As the broker is a binary options broker there are no spreads and leverages applicable. GKS claims that it doesn’t require any initial deposit. However, the traders can only use and open a cryptocurrency account to facilitate trading with this broker. This is a major red flag as a single funding method is always fishy and not offering the common payment system strengthens the suspected scam.
On the website of GKS, you could see many financial firms’ logos, which are possibly used to make people believe that the broker is legit. SFC, the Financial Authority of Hong Kong has issued a warning to the public that GKS is encountered to be running fraudulent activities. Adding to this, CONSOB which is an Italian financial watchdog has also put GKS on their warning list. The broker is not licensed to provide its services in any country. Considering all these facts we could say that your money is not safe with this broker.
If you have traded with GKS and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed GKS review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is GKS a scam or legit broker?
GKS has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with GKS contact them immediately and try to get your fund out. If the GKS has done the following, you have probably a victim of GKS scam broker.
Reason to suspect a scam broker is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account with out your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.