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Overview

Forex broker GAINSY was established in 2012 by a team of professionals in the field of finance, who had joined forces in studying and analyzing of global markets in 1998 to offer its customers some of the most favorable trading conditions.

Despite its relatively young age the GAINSY has been already nominated for five awards of "Leaders of Chinese Forex", "The Fastest Growing Broker 2013", "The Best Trading Platform 2013", "The Best Brand Forex in 2013", "The Best Innovative Technology 2013", "The Best Service of Customers in 2013. "

The website of the broker is available in many languages, allowing traders to get all the necessary information in their native language. Customers of the GAINSY can pass free training of trading on the foreign exchange market and test their skills on a demo account.

Forex broker regularly gives to its customers a variety of Forex bonuses and organizes interesting contests, where traders can win for free cash prizes of thousands of dollars.

Bonuses

GAINSY regularly organizes for its clients various contests with good cash prizes. It offers also a large number of Forex bonuses that can increase the trade turnover while trading on the foreign exchange market.

Forex bonus Easy 10% income is available for all traders of the GAINSY. To become a participant of this promotion, it is necessary to deposit at least $300 and then send an application form from the personal account for a bonus to employees of the company. Forex bonus will be credited to the account of the trader after approval of the application. Bonus funds can be used to trade any currency pair and after 6 months they can be withdrawn from the account on the condition that the trader has not withdrawn money during the mentioned period.

Every client of the broker can get the Forex bonus Standard 30% after meeting of certain conditions. Traders, who have trading accounts Classic, can take part in the promotion. It is necessary to make a deposit to get a bonus and then send an application form to employees of the Forex broker. As soon as the application is considered, bonus funds will be credited on a personal account and be able to be used for trading on the Forex market for 3 months. Forex bonus can not be withdrawn from the account under any circumstances, as it is the property of the broker and it is available only for trading.

Forex bonus Just more than 45% is available for new customers of the broker periodically, if they open a trading account during the promotional period and send an application form from the personal account to the staff of the GAINSY. Bonus applies to all replenishments of the deposit on trading accounts Classic of traders in the amount not less than $100. Traders can use the Forex bonus for trading on any currency pair for 3 months, and then it will be removed by the broker. According to the conditions of the promotion, bonus money can not be withdrawn from the trading account.

Royal Forex bonuses are available for all traders of the GAINSY, who use the account Premium ECN for trading on the Forex market. The bonus amount depends on the sum of the trader's deposit replenishment. Traders should send an application form to employees of the company after the replenishment of the deposit for the Forex bonus, who will determine how much money they can obtain.

Royal Forex bonuses for one year:

- 15% bonus- for 12 months, 0.3% of the credited sum can be withdrawn monthly

- 18% bonus - for 12 months, 1.5% of the credited sum can be withdrawn monthly

- 20% bonus - for 12 months, 10% of the credited sum can be withdrawn half-yearly

- 25% bonus - for 12 months, 10% of the credited sum can be withdrawn after one year.

Royal Forex loyalty bonus:

- the 1st year - 20% bonus of the credited sum

- the 2nd year - 25% bonus of the credited sum

- the 3rd year - 30% bonus of the credited sum

- the 4th year - 35% bonus of the credited sum

- the 5th year - 40% bonus of the credited sum.

The contest Predictor is primarily intended for experienced traders, but beginners, who are self-confident and well up in the foreign exchange market, can also take part in it. The idea of the contest is that the participants create a blog on the site of the GAINSY and publish their forecasts for different currency pairs. The voting occurs for each forecast and the authors of the best ten of them will be awarded with cash prizes. The prize pool comprises $3,000.

The contest Strategist is organized for all customers, who are willing to share profitable Forex strategies with others. To participate in the contest, users will need to create a blog on the site of the broker and publish profitable strategies on it for trading on the Forex market. Every blogger has the right to indicate the cost-per-view independently. It can be both $0 and $1,000. When other traders pay for viewing a blog, the blogger gets all the profits apart from a commission fee in the amount of 30% that is charged by the broker. In addition, all the Forex strategies are voted and ten winners are announced based on the results of 6 months. Winners of the contest will share between themselves a prize pool of $19,435 dollars.

Training

GAINSY enables all users to learn the profession of trader that will allow them to start trading profitably on the foreign exchange market.

Currently all learning materials on the site of the broker are available only in English.

Users will get answers to the following questions using print materials:

- what is the international currency market?

- who are participants of the foreign exchange Forex market

- what is fundamental analysis

- how to conduct fundamental analysis

- what is technical analysis

- how to conduct technical analysis

- what is margin on the foreign exchange market

- how to calculate margin correctly while trading currency pairs.

Besides, customers can get acquainted with the trader's glossary, where there are definitions of all key terms, used in currency pairs trading.

Customers of GAINSY can open a free demo account that allows them to trade on the foreign exchange market on real currency quotes, but with virtual money, preventing novice traders from risking their own funds while learning how to trade on Forex.

Terms of trading

GAINSY offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is 1:500 (the decrease to 1:200 is possible on several accounts)

- fifty three currency pairs, securities, gold, silver, futures

- spread is floating from 0 points

- no slippages

- no requotes.

MetaTrader 4 (available via a bridge, provided by the broker)

- multi-language support

- order execution - Instant Execution

- a wide range of Forex indicators

- addition of new indicators

- creation and use of Forex advisor via MetaQuotes Language 4

- quotes export via DDE

- chart printing.

GAINSY web platform

- support in English

- currency quotes

- trading charts

- various trading tools for technical analysis.

GAINSY Desktop platform

- numerous opportunities for trading on the foreign exchange market (available since 2014).

GAINSY offers its customers the opportunity to choose one of the several trading accounts for work on the international currency market.

Trading accounts of the GAINSY:

- Classic

- Generated

- Premium ECN

- Swap Free Islamic.

Trading account Classic:

- the minimum deposit is $10

- the minimum lot size is 0.01

- the leverage is 1:500 (the decrease is possible)

- floating spread is from 0.1 points

- stop-out is 50%

- margin call is 70%

- commission is $20 for a trade turnover of $1,000,000

- hedging is available

- scapling is available.

Trading account Generated:

- the minimum deposit is $10

- all features of the trading account Classic

- depositing funds on the personal bank account from 50% to 90%.

Despite depositing funds in the bank, traders can trade the entire amount that is deposited both on the trading account and the bank account.

Trading account Premium ECN:

- the minimum deposit is $10,000

- the minimum lot size is 0.01

- the leverage is 1:500 (the decrease is possible)

- floating spread is from 0 pips

- stop out is 100%

- margin call is 110%-120%

- commission is $20 for a trade turnover of $1,000,000

- hedging is available

- scapling is available.

Trading account Swap Free Islamic:

- all features of the trading account Classic

- no swaps.

Forex indicators (recommended)

- Fisher

- Schaff Trend Cycle

- Price Alert

- Var Mov Avg

- Range Expansion Index.

Forex expert advisors (recommended)

- Otkat (an automated Forex expert advisor, based on trading on internal corridors of the foreign exchange market, giving the opportunity to get a good profit determining them)

- Binario (an automated Forex advisor that uses moving averages and demonstrates good results while trading on different currency pairs)

- Ichimoku Chinkou Cross (an automated Forex expert advisor based on the technical indicator of the same name, which has proven itself to be very effective, like the Ichimoku Chinkou Cross, getting a good profit while trading on the foreign exchange market).

Investments

Currently GAINSY Forex broker does not provide clients with the money investment in professional managers, who work usually on the PAMM-accounts. All agreements with successful traders concerning an investment of funds in them can be carried out independently, but in this case GAINSY does not bear any responsibility.

Unique features

GAINSY invites all traders to take advantage of its affiliate program that allows them to earn extra profit by attracting new customers to the company.

The affiliate program has three forms:

- Introducing Broker (for natural persons)

- creation of a new brand using a prepared business model (for legal persons)

- B2B (for financial companies and brokers).

Each form of the affiliate program gives partners the opportunity get a good commission, reaching 50% of the profits, earned by the broker from attracted by them clients.

All conditions of cooperation and a commission fee are agreed with submitting an application to employees of the broker.

Add/withdraw funds

GAINSY allows customers to deposit and withdraw funds from trading accounts in the following ways: CashU, Perfect Money, Moneybookers, WebMoney, RBK Money, QIWI, Yandex Money, VISA, MasterCard, Citibank and Bank Wire Transfer.

Contacts

GAINSY provides the comprehensive support to its traders through online chat, e-mail address [email protected] and by international phone

+44-141-416-77-77. It is also possible to use the feedback form, which can be found on the site of the broker.

Cons and pros

+ the fast-growing broker

+ the minimum deposit is $10

+ small spread

+ good leverage

+ many promotions and contests

- learning materials in English.

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