Cryptocurrency Exchanges

Gemstone Holdings

1.6 (10 reviews)
🇨🇦 Canada
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1.6
10 reviews
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About Gemstone Holdings

Gemstone Holdings has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Gemstone Holdings found at www.gemston-holdings.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Must sell everything to leave

I
Isaac N.
1 months ago

I joined Gemstone Holdings after doing extensive research and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Competitive fees|Fast deposits

Cons: Limited social trading features

Data breach and they did not notify us

A
Alex S.
3 months ago

After since I retired last year with Gemstone Holdings, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Copy trading available|Fast support response|Instant funding

Cons: Limited social trading features

Completely let down by Gemstone Holdings

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Ella A.
3 months ago

My withdrawal request from Gemstone Holdings has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Competitive fees|Social trading features|Risk management tools|High security standards

Cons: Limited ETF selection|Wait times can be long during peak hours

Do yourself a favor and skip Gemstone Holdings

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Natalie N.
5 months ago

My card was charged twice by Gemstone Holdings on the same day. I had to dispute it with my bank. Gemstone Holdings then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Wide product range|Competitive fees|Excellent charting

Cons: None so far|Limited ETF selection

Red flags everywhere

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Anna O.
6 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Gemstone Holdings 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.

Pros: Website looks legitimate on the surface

Cons: Flagged by Ontario Securities Commission|Cannot verify credentials

They took my patience and my money

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Derek J.
10 months ago

I trusted Gemstone Holdings 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: Real-time alerts|Regular platform improvements

Cons: No crypto staking|Limited cryptocurrency options

Still waiting for my withdrawal

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Wesley K.
10 months ago

I am in a dispute with Gemstone Holdings over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: High security standards|Excellent charting

Cons: Inactivity fee applies after 12 months

Warning to all investors

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William F.
11 months ago

I invested $5,000 with Gemstone Holdings 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 Ontario Securities Commission.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Save yourself the trouble

M
Michael Z.
11 months ago

The reporting at Gemstone Holdings is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Customizable dashboard|Dedicated account manager|Two-factor authentication

Cons: Currency conversion fee exists|Cannot customize dashboard fully

Statement errors every month

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Heather S.
12 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Gemstone Holdings recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Segregated accounts|Regular platform improvements

Cons: Cannot customize dashboard fully