GBS Invests has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
GBS Invests/ VKR Bank
Bd Joseph Tirou 76, 6000 Charleroi
Belgium
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.gbs-invests.com.
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. GBS Invests said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Stable platform|Automated trading options
Cons: None so far|No live chat on mobile
I requested my data from GBS Invests under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Dedicated account manager|Good mobile app|Intuitive for beginners|Customizable dashboard
Cons: Account statements could be more detailed
I invested $15,000 with GBS Invests after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Finansinspektionen.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized