GOSUNCM has been flagged by Comisión Nacional del Mercado de Valores 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.
GOSUNCM changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Two-factor authentication|Comprehensive tools
Cons: Research section could be deeper|Charting tools need more indicators
I am in a dispute with GOSUNCM 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: Instant funding|Demo account available|Fast support response
Cons: Account statements could be more detailed
Several red flags with GOSUNCM: (1) They promise unrealistically high returns, (2) They're not registered with Comisión Nacional del Mercado de Valores, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
The hidden fees at GOSUNCM are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Fast deposits|Intuitive for beginners|Comprehensive tools
Cons: Wish they had more educational resources
I requested my data from GOSUNCM 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: Educational resources|Segregated accounts|API access
Cons: Mobile app could be improved
I want to warn everyone about GOSUNCM. They have been flagged by Comisión Nacional del Mercado de Valores 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.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. GOSUNCM recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Risk management tools|Customizable dashboard|Easy to use platform
Cons: Live chat only during business hours
I had a dispute with GOSUNCM and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: No hidden fees|Helpful community forum|Intuitive for beginners
Cons: No dark mode on mobile|Would like more payment methods
I found GOSUNCM after my brother mentioned them and the initial impression was positive. But since last summer 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: Great customer service|Social trading features|Customizable dashboard|Real-time alerts
Cons: Limited ETF selection|Currency conversion fee exists
The platform itself is okay, but the customer service at GOSUNCM 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: Economic calendar|Clear documentation|Wide product range|Copy trading available
Cons: Live chat only during business hours|Onboarding videos are outdated