GasTrade has been flagged by Central Bank of Ireland for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I want to warn everyone about GasTrade. They have been flagged by Central Bank of Ireland as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I found GasTrade after my brother mentioned them and the initial impression was positive. But since the beginning of the year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Multi-device support|Full transparency
Cons: Minor UI glitches occasionally|Spreads widen during volatile periods
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that GasTrade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
I trusted GasTrade with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Quick verification|Full transparency|Copy trading available|Clear documentation
Cons: Mobile app could be improved|Minor UI glitches occasionally
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. GasTrade said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-device support|Professional team|Demo account available
Cons: Limited ETF selection
I experienced a security concern with my GasTrade account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: High security standards|Copy trading available|Detailed reporting|Dividend tracking
Cons: None so far
The spread at GasTrade is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.
Pros: Clean UI|Dividend tracking|Detailed reporting
Cons: Limited social trading features
The platform itself is okay, but the customer service at GasTrade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Fast deposits|Multiple order types|Clear documentation
Cons: Cannot customize dashboard fully
GasTrade had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Easy to use platform|Economic calendar|Instant funding|Full transparency
Cons: Minor UI glitches occasionally|Desktop app not available on Linux
The only good thing about GasTrade is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Good mobile app|Fast support response|Excellent charting
Cons: Withdrawal takes 1-2 business days|Would like more payment methods