Brokerages

GSB Capital Ltd

1.6 (14 reviews)
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1.6
14 reviews
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About GSB Capital Ltd

GSB Capital Ltd has been flagged by Dubai Financial Services Authority for "Registered/Licensed entity impersonators". The scammers have set up a fraudulent website (“https://getmyloans.info”, which is no longer available) and have used the following information without GSB Capital Ltd’s permission:

- GSB Capital Ltd’s name; and
- GSB Capital Ltd’s employee names.

This is the second time that the sc... 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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This company needs to be investigated

A
Aria N.
2 weeks ago

The reporting at GSB Capital Ltd 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: Fast support response|Two-factor authentication|Fast execution

Cons: Mobile app could be improved

Password reset broken for weeks

D
David Z.
2 weeks ago

The only good thing about GSB Capital Ltd is that they remind you why regulation matters. I found them through a forum discussion. 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: Comprehensive tools|Customizable dashboard|No hidden fees|Wide product range

Cons: Inactivity fee applies after 12 months|Alert system is basic

The epitome of bad service

V
Victoria E.
2 months ago

KYC with GSB Capital Ltd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Portfolio tracking tools|Stable platform|Fast support response|Multiple order types

Cons: Minor UI glitches occasionally

Demo and live behave differently

Z
Zoe I.
2 months ago

The spread at GSB Capital Ltd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.

Pros: No hidden fees|Easy to use platform|Professional team|Real-time alerts

Cons: Limited social trading features

Do your due diligence first

F
Frank F.
2 months ago

I looked into GSB Capital Ltd and found they appear in the regulatory warnings database. Dubai Financial Services Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Commission higher than stated

S
Shannon S.
4 months ago

The platform itself is okay, but the customer service at GSB Capital Ltd 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: Regular updates|Great customer service

Cons: Minor UI glitches occasionally

Platform crashes at the worst times

H
Hannah L.
4 months ago

I opened an account with GSB Capital Ltd for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Fast deposits|Quick verification|Detailed reporting

Cons: Spreads widen during volatile periods

Absolutely dreadful

B
Brooke X.
8 months ago

After spending for a couple of months now trying to make GSB Capital Ltd work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Intuitive for beginners|Excellent charting

Cons: Alert system is basic|No integrated tax optimization

Cannot withdraw funds - classic scam

A
Alex B.
8 months ago

I was contacted by GSB Capital Ltd through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Limited to their own products

V
Vanessa M.
8 months ago

I referred a friend to GSB Capital Ltd through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Excellent charting|Transparent fees|Regular platform improvements|Good analytical tools

Cons: Currency conversion fee exists