Global Standard Capital (globalstandardcapital.com) has been flagged by ASIC (Australia) for "Unlicensed". Securities & Futures Commission of Hong Kong warning: https://www.sfc.hk/en/alert-list/2999
Phones: +852800906370
Addresses: 148 Electric Rd Hong Kong Hong Kong Island 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.globalstandardcapital.com.
I joined Global Standard Capital (globalstandardcapital.com) from a review site like this one 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: Two-factor authentication|Fast deposits|Quick verification|Economic calendar
Cons: Mobile app could be improved|Spreads widen during volatile periods
Global Standard Capital (globalstandardcapital.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Great customer service|Detailed reporting
Cons: No integrated tax optimization
Do not be fooled by the professional-looking website. Behind the scenes, Global Standard Capital (globalstandardcapital.com) is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Market news feed|Two-factor authentication
Cons: Alert system is basic