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Geminicap.com Review: Is Gemini Capital A Legit Broker?
Trading and investing in Forex and CFD products is high risk. Losses can exceed deposits.
Trading and investing in Forex and CFD products is high risk. Losses can exceed deposits.
- 【Experienced Trading Master】Online Trading Lecture
- 【Ice-Breaking Pressure, Energy Break Out】National Conference
Events Info
1 Million of Insurance
Clients’ profit and capital safety are our priority.
GeminiCap’s $1 million insurance is provided by ARCH Syndicate 2020, one of the UK’s Lloyd’s. Customer interests are no small matter, capital security is the first, whether it is past, present or future, GeminiCap will try our best to promote the confidence of investors in the transaction, and always escort trading!
Brand Adventage
Low Spread
Securities Commission of the Bahamas (SCB) Regulation
500 times of Leverages
Floating and fixed, up to 500 times
Worldwide Development Plan
Office in Europe, Asia, Bahamas and Dubai
One-on-one Client Service
Educational Tutorials
Professional, scientific, systemetic
Management Team Introduction
Accumulated more than 50 years of experience of professional core team, guide your trading voyage
Alex Praill
Head of Operations
Alex is the Head of Operations of Gemini Capital Markets. Alex began a career in the Financial Services industry at IG Group and is responsible for delivering to the business the direction and discipline to ensure that clients receive a premium customer experience at all levels. Innovating and adding excellence in all areas is key to Alex’s position.
Aldrius Low
Head of Risk and Technology
Aldrius has considerable experience working in the Spot FX and CFD industry, both on the retail offering and in the institutional space. This includes managing liquidity relationships, risk management, technological infrastructure, system implementation and developing new product offerings.
Anthony Stubbs
Commercial Director
He has had a successful career in Wealth Management and Private Banking within the Bahamas and is currently President of Bahamas Investment and Securities Business Association (BISBA).
Convenient, easy trading platform
the most popular choice
- Ease to Use
- Various Indicators and Analysis Tools
- Windows, Mac, Mobile and Tablet Apps
- Ultra Low Latency And Fast Execution
- Support EA and other Trading Tools
Product and Account Type
36 kinds of FX
13 kinds of Indices
7 kinds of Commodities
50 US Stocks CFDs
ECN Account
EURUSD floating spread
0 pip up
Trading and investing in Forex and CFD products is high risk.
Minimun deposit $10,000
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VIP Account
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Trading and investing in Forex and CFD products is high risk.
Minimun deposit $1000
Standard Account
EURUSD floating spread
2.2 pips up
Trading and investing in Forex and CFD products is high risk.
Minimun deposit $500
GeminiCap provides clients with three type of account
Market News
The latest market analysis provided by the world’s top financial market technology analysis giant Trading Central
Improve decision accuracy, robot high-frequency intelligent analysis, automatically identify and evaluate market trends
Daily ups and downs are provided by third party data service provider TC
Subscribe now to receive free daily market analysis
Liquidity clearing
cooperative banks
Gemini Capital Markets October Holidays Symbol Closed Notice
Date: 25th September, 2020
Dear valued clients:
On 1st October, 3rd October, and 7th October Beijing time, correspond to China National Day, German Unification Day, and China Double Ninth Festival. Affected by holidays, the relevant symbol will be closed for one day. The detailed symbol and close dates are as follows , please be aware and prepared with trading arrangements in advance.
01.10.2020 China National Day |
03.10.2020 Day of German Unity |
07.10.2020 China Double Ninth Festival |
|
DAX30 | Norma | Closed | Norma |
HSI | Closed | Norma | Closed |
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
Gemini Capital Markets SPI 200 Index Trading Time Change Notice
Date: 25th September, 2020
Dear valued clients:
The trading time of our product SPI 200 will be adjusted because of Australian Daylight Saving. Please refer to the table below for the latest information. Adjustments will take effect on 6th October, please be aware and prepared with trading arrangements in advance.
MT4 time | Beijing time |
Before Adjustment |
02:50 |
24:00
05:00
23:00
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
Gemini Capital Markets the CHF Crosses Leverage Change Notice
Date: 24th September, 2020
Dear valued clients:
The leverage of our product CHF crosses have been adjusted. Please refer to the table below for the latest leverage. Adjustments take effect immediately, please understand and make trading arrangements
USDCHF | EURCHF | NZDCHF | AUDCHF | CADCHF | |
Before Adjustment |
Half of the account leverage | Half of the account leverage | Half of the account leverage | Half of the account leverage | Half of the account leverage |
Current | Same as account leverage | Same as account leverage | Same as account leverage | Same as account leverage | Same as account leverage |
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
Gemini Capital Markets DAX30 Index Trading Hours Change Notice
Date: 16th September, 2020
Dear valued clients:
The trading hours of our product DAX30 have been adjusted. Please refer to the table below for the latest time. Adjustments take effect immediately, please understand and make trading arrangements
MT4 time | Beijing time |
Before Adjustment |
08:00 |
23:00
Next day 4:00
23:00
Next day 4:00
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
2020 Mid-Autumn Festival Customer Service Schedule
Date: September 12, 2020
Dear valued clients:
We kindly remind you that Chinese public holiday, Mid-Autumn Festival, takes place on the 13th September 2020 (Beijing Time), As a result, GeminiCap Team will provide limited support from 13th,September(Friday) to 15th,September,(Sunday). The holiday arrangements and customer service (“CS”) schedule of GeminiCap Team are as follows:
Date | Trading Time |
CS Schedule |
Deposit | Withdrawal | Other Events |
Fri.13th,Sep | Normal Trading | 10:00-19:00 | √ | √ | Starting from September 13, 2020, the bonus for all market activities has been postponed to September 16, 2020. |
Sat.14th,Sep | Markets Closed | Off Duty | √ | / | |
Sun.15th,Sep | Markets Closed | Off Duty | √ | / |
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
Gemini Capital Markets Futures Contract Rollover in September
Date: September 9, 2020
Dear valued clients:
Thank you for choosing GeminiCap as your best partner. We are here to remind you that the futures contract USDX, VIX, CL-OIL and China50 are about to be rolled in the future days. More details of the new contract rollover are as follows:
Symbol EN CODE |
Current Month | New Trading Month | Roll Adjustment Start Time (GMT+8) |
USDX | Sep.2020 | Oct. 2020 | 08:00,13th Sep, 2020 |
VIX | Sep.2020 | Oct. 2020 | 06:00, 17th Sep, 2020 |
CL-OIL | Sep.2020 | Oct.2020 | 06:00, 20th Sep, 2020 |
China50 | Sep. 2020 | Oct. 2020 | 09:00, 25th Sep, 2020 |
Please note that the automatic rollover of new contracts will bring about deduction or compensation to your accounts margin due to the price changes, but not trigger extra spreads cost and other cost changes. Please make sure that you have the sufficient margin in your account.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] . We are here to assist you 24 hours a day, 5 days a week.
Gemini Capital Markets 2020 US Labor Day Product Trading Hour Adjustment Announcement
Date:August 29, 2020
Dear GeminiCap clients:
September 2, 2020 (Beijing time) is US Labor Day. Due to the holiday, the trading hours of some products of GeminiCap will be changed. Please refer to the table below for the latest trading time, note and make the corresponding trading arrangements in advance. Please also note that these products will be restored to normal trading hours on September 3, 2020 (Beijing time).
Product | September 2, 2020 (Beijing time) Trading Hour of Partial Product |
MT4 Time(GMT+3) | |
Indices | |
DJ30 | 01:05-20:00 |
SP500 | 01:05-20:00 |
NAS100 | 01:05-20:00 |
NIKKEI225 | 01:05-20:00 |
USDX | 01:05-20:00 |
VIX | 01:00-18:30 |
Commodities | |
XAUUSD | 01:01-20:00 |
XAGUSD | 01:01-20:00 |
CL-OIL | 01:05-20:00 |
USOUSD | 01:05-20:00 |
UKOUSD | 01:00-18:30 |
GAS-C | 01:05-20:00 |
COPPER-C | 01:05-20:00 |
US Share CFDs | |
US Share CFDs | Closed |
If you have any questions, please contact online client service or send emails to [email protected] for consultation. Wish you a happy transaction!
Dear valued clients:
Due to Summer Bank Holiday on August 26, 2020 (MT4 time), the London Stock Exchange is closed, index FTSE100 will be closed on August 26, 2020 (MT4 time), and will be re-open on August 27, 2020 08:00 (MT4 time). Please note and make the corresponding trading arrangements in advance.
If you have any questions or require any assistance please do not hesitate to contact [email protected]
Gemini Capital Markets Futures Contract Rollover in August
Date: August 8, 2020
Dear valued clients:
Thank you for choosing GeminiCap as your best partner. We are here to remind you that the futures contract VIX, CL-OIL and China 50 are about to be rolled in the future days. More details of the new contract rollover are as follows:
Symbol EN CODE |
Current Month | New Trading Month | Roll Adjustment Start Time (GMT+8) |
VIX | Aug. 2020 | Sep. 2020 | 06:00, 20th Aug., 2020 |
CL-OIL | Aug.2020 | Sep.2020 | 06:00, 20th Aug., 2020 |
China50 | Aug. 2020 | Sep. 2020 | 09:00, 27th Aug., 2020 |
Please note that the automatic rollover of new contracts will bring about deduction or compensation to your accounts margin due to the price changes, but not trigger extra spreads cost and other cost changes. Please make sure that you have the sufficient margin in your account.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear valued clients:
Thank you very much for your support and trust in GeminiCap. GeminiCap reminds you that the official email will be changed to [email protected] on July 12, 2020 (Beijing time). If you have any questions, please contact online client service and wish you a happy transaction.
Dear valued clients:
Thank you for choosing GeminiCap as your best partner. We are here to remind you that the futures contract VIX, CL-OIL and China 50 are about to be rolled in the future days. More details of the new contract rollover are as follows:
Symbol EN CODE |
Current Month | New Trading Month | Roll Adjustment Start Time (GMT+8) |
VIX | Jul. 2020 | Aug. 2020 | 06:00, 16th Jul., 2020 |
CL-OIL | Jul. 2020 | Aug. 2020 | 06:00, 19th Jul., 2020 |
China50 | Jul. 2020 | Aug. 2020 | 09:00, 24th Jul., 2020 |
Please note that the automatic rollover of new contracts will bring about deduction or compensation to your accounts margin due to the price changes, but not trigger extra spreads cost and other cost changes. Please make sure that you have the sufficient margin in your account.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear GeminiCap clients:
July 3, 2020 and July 4, 2020 (Beijing time) are US Independence Day holidays. Due to the holidays, the trading hours of some products on this platform will be changed. Please note and make appropriate trading arrangements in advance. Please also note that the trading hours of these product will be restored on July 5, 2020 (Beijing time).
Product | July 3, 2020 (Beijing Time) | July 4, 2020 (Beijing Time) |
MT4 Time (GMT+3) | MT4 Time (GMT+3) | |
Indices | ||
DJ30 | 01:00-20:15 | 01:00-20:00 |
SP500 | 01:00-20:15 | 01:00-20:00 |
NAS100 | 01:00-20:15 | 01:00-20:00 |
USDX | Normal Hours | 03:00-20:00 |
VIX | Normal Hours | 01:00-18:30 |
Nikkei225 | 01:00-20:15 | 01:00-20:00 |
Commodities | ||
XAUUSD | Normal Hours | 01:01-20:00 |
XAGUSD | Normal Hours | 01:01-20:00 |
CL-OIL | Normal Hours | 01:00-20:00 |
USOUSD | Normal Hours | 01:00-20:00 |
GAS-C | Normal Hours | 01:00-20:00 |
COPPER-C | Normal Hours | 01:00-20:00 |
If you have any questions or require any assistance please do not hesitate to contact [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear GeminiCap clients:
According to the official notice of Russia’s well-known trading software provider MetaQuotes, from July 1, 2020, technical support for the lower version of MetaTrader 4 “build 1170″ will be officially stopped. At that time, less than MetaTrader 4″build 1170” version MT4 software will not be available, there will be no quotation and no transaction, please know and download the latest version in advance.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear valued clients:
Thank you for choosing GeminiCap as your best partner. We are here to remind you that the futures contract VIX, CL-OIL, US Dollar Index and China 50 are about to be rolled in the future days. More details of the new contract rollover are as follows:
Symbol EN CODE |
Current Month | New Trading Month | Roll Adjustment Start Time (GMT+8) |
US Dollar Index | Jun. 2020 | Jul. 2020 | 08:00, 14th Jun., 2020 |
VIX | Jun. 2020 | Jul. 2020 | 06:00, 18th Jun., 2020 |
CL-OIL | Jun. 2020 | Jul. 2020 | 06:00, 19th Jun., 2020 |
China50 | Jun. 2020 | Jul. 2020 | 09:00, 25th Jun., 2020 |
Please note that the automatic rollover of new contracts will bring about deduction or compensation to your accounts margin due to the price changes, but not trigger extra spreads cost and other cost changes. Please make sure that you have the sufficient margin in your account.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear GeminiCap clients:
Due to England Queen’s birthday on June 10, 2020 (Beijing time), GeminiCap trading products SPI200 trading hour will be adjusted. Please refer to the table below and note that after the holiday, the trading hours will be restored. Please note and make the appropriate transaction arrangements in advance.
Product | Original Trading Hour | June 10, 2020 Trading Hour |
MT4 Time (GMT+3) | MT4 Time (GMT+3) | |
SPI200 | 02:50-09:30, 10:10-24:00 |
10:10-24:00 |
If you have any questions, please contact online client service or send emails to [email protected] for consultation. Wish you a happy transaction!
Dear GeminiCap clients:
Due to the Dragon Boat Festival on June 7, 2020 (Beijing time), GeminiCap trading product HSI will be closed. Please note and make the appropriate transaction arrangements in advance. Also, on June 7, 2020, GeminiCap client service time will be adjusted to 09:30 -18:30 (Beijing time). On the same day, the deposit service will be accepted while the withdrawal will not. Please make arrangements for the deposit and withdrawal in advance.
GeminiCap Dragon Boat Festival Client Service time | |||
Date(Beijing Time) | Client Service Time(Beijing Time) | Deposit | Withdrawal |
2020/6/7(Friday) | 09:30-18:30 | √ | ∕ |
2020/6/8(Saturday) | ∕ | ∕ | ∕ |
2020/6/9(Sunday) | ∕ | ∕ | ∕ |
If you have any questions, please contact online client service or send emails to [email protected] for consultation. Wish you a happy transaction!
Dear GeminiCap clients:
May 27, 2020 (Beijing time) is Memorial Day and Spring Bank Holiday. Due to the influence of the holiday, the trading hours of some products on this platform will be changed. Please refer to the table below for the latest trading hours and make appropriate trading arrangements in advance. Please also note that the trading hours of these products will be restored to normal on May 28, 2020 (Beijing time).
Product | May 27, 2020 (Beijing Time) |
MT4 Time (GMT+3) | |
Indices | |
DJ30 | 01:05-20:00 |
SP500 | 01:05-20:00 |
NAS100 | 01:05-20:00 |
FTSE100 | Closed |
USDX | 01:05-20:00 |
VIX | 01:00-20:00 |
Nikkei225 | 01:05-20:00 |
Commodities | |
XAUUSD | 01:01-20:00 |
XAGUSD | 01:01-20:00 |
CL-OIL | 01:05-20:00 |
USOUSD | 01:05-20:00 |
GAS-C | 01:05-20:00 |
COPPER-C | 01:05-20:00 |
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear valued clients:
Thank you for choosing GeminiCap as your best partner. We are here to remind you that the futures contract VIX, CL-OIL and China 50 are about to be rolled in the future days. More details of the new contract rollover are as follows:
Symbol EN CODE |
Current Month | New Trading Month | Roll Adjustment Start Time (GMT+8) |
VIX | May 2020 | Jun. 2020 | 06:00, 21th May, 2020 |
CL-OIL | May 2020 | Jun.2020 | 06:05, 20th May, 2020 |
China 50 | May 2020 | Jun. 2020 | 09:00, 28th May 2020 |
Please note that the automatic rollover of new contracts will bring about deduction or compensation to your accounts margin due to the price changes, but not trigger extra spreads cost and other cost changes. Please make sure that you have the sufficient margin in your account.
If you have any questions or require any assistance please do not hesitate to contact at [email protected] We are here to assist you 24 hours a day, 5 days a week.
Dear GeminiCap clients:
In order to Avoid higher volatility and spreads at the open/ close, the trading time of some product of this platform will change, starting from April 29, 2020, Beijing time. Please refer to the latest trading hours in the table below, and make the appropriate transaction arrangements in advance.
Product | After Adjustment | Before Adjustment |
MT4 Time(GMT+3) | MT4 Time(GMT+3) | |
FX | ||
FX | Mon.- Thu. 00:01-23:58 Fri. 00:01-23:57 |
Mon.- Thu. 00:05-23:59 Fri. 00:01-23:59 |
Commodities | ||
XAUUSD | Mon.- Thu. 01:01-23:58 Fri. 01:01-23:57 |
Mon. 01:05-23:59 Tue.- Thu. 01:00-23:59 Fri. 01:00-23:55 |
XAGUSD | Mon.- Thu. 01:01-23:58 Fri. 01:01-23:57 |
Mon. 01:05-23:59 Tue.- Thu. 01:00-23:59 Fri. 01:00-23:55 |
If you have any questions, please contact online client service or send emails to [email protected] for consultation. Wish you a happy transaction!
Risk Warning
All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments. It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved. You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose. Gemini Capital Markets assumes no liability for any loss sustained from trading in accordance with a recommendation. This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.
The Top and Bottom Performers data is provided by third party provider and TC technical analysis tool is provided by TRADING CENTRAL. The information in this website is of a general nature only and may contain advice that is not based on your personal objectives, financial situation or needs. GeminiCap is not responsible for the accuracy, adequacy or completeness of any information, analysis commentary, opinions and in the research report. And does not provide any form (whether express or implied) of warranty. Also, GeminiCap is not responsible for direct or indirect losses caused by any interruption, delay, omissions, and any consequences caused by the action relying on or referring to the content of the information.
Gemini Capital Markets (‘GeminiCap’) is a registered trading name of IX Capital Group Limited which is authorized and regulated by the Securities Commission of The Bahamas (‘SCB’) under Registration Number SIA-F188. We are permitted by the SCB to deal, arrange and manage securities. GeminiCap is governed and operates in accordance with the laws and regulations of The Bahamas. Our registered office is located at No. 109 Church Street, Sandyport, PO Box SP-62756, Marina Village, Nassau, The Bahamas.
Fund Security
Trading Central
All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital. All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments. It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved. You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose. Gemini Capital Markets assumes no liability for any loss sustained from trading in accordance with a recommendation. This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.
The Top and Bottom Performers data is provided by third party provider and TC technical analysis tool is provided by TRADING CENTRAL. The information in this website is of a general nature only and may contain advice that is not based on your personal objectives, financial situation or needs. GeminiCap is not responsible for the accuracy, adequacy or completeness of any information, analysis commentary, opinions and in the research report. And does not provide any form (whether express or implied) of warranty. Also, GeminiCap is not responsible for direct or indirect losses caused by any interruption, delay, omissions, and any consequences caused by the action relying on or referring to the content of the information.
Gemini Capital Markets (‘GeminiCap’) is a registered trading name of IX Capital Group Limited which is authorized and regulated by the Securities Commission of The Bahamas (‘SCB’) under Registration Number SIA-F188. We are permitted by the SCB to deal, arrange and manage securities. GeminiCap is governed and operates in accordance with the laws and regulations of The Bahamas. Our registered office is located at No. 109 Church Street, Sandyport, PO Box SP-62756, Marina Village, Nassau, The Bahamas.
Call official hotline: +886 255996123
Our service time is 09:00-22:00,
Monday to Friday (GMT+8)
Geminicap.com Review: Is Gemini Capital A Legit Broker?
Gemini Capital Review: this is the name of a Forex broker that is based in the offshore location of Bahamas. Is Geminicap.com a scam or legit broker?
The Forex brokerage claims to be part of IX Capital Group Limited that is licensed and registered by the “Securities Commission of the Bahamas (SCB)”. Its registered address is:
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109, Church Street, Sandyport, PO Box SP-62756, Marina Village, Nassau, The Bahamas.
It has an impressive trading portfolio as we found on its page and trading conditions seem to be good depending on the account type clients can afford.
There are news sections on the website that is said to be of help to clients who want to keep up-to-date with market news and analysis.
Gemini Capital Trading Platform
The trading platform said to be offered by the broker is the MetaTrader 4 platform, which is an encouraging information.
Legit brokers are known to offer at least the popular MetaTrader 4 trading platform.
This platform is a very good sign along with MT5, as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.
Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.
Trading instruments offered to traders includes: 36 kinds of FX, 13 indices, 7 commodities, and 50 US stocks CFDs.
Spreads on the three accounts begin from 0 pips, 1.2 pips, and 2.2 pips. Leverages can reach a maximum of 1:500.
Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.
Deposit and Withdrawal methods on Gemini Capital
Methods of payments are not listed on the page, and clients may have to find this out while initiating the account process. We find this uncomfortable.
This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.
A minimum deposit of $500 is required to start an account. This is quite higher than the obtainable average of $100 to $250. No information is given on the charges and fees on withdrawals.
This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.
Is Gemini Capital Licensed?
No. First, the company it claims to be under is run from an offshore location. Traders have become highly skeptical of brokers based in this locations. This is because the jurisdiction of Commissions does not cover these areas and brokers there may get away with mishandling clients funds.
Then, IX Capital Group Limited does not list Gemini Capital as one of their brokers. It looks like this broker falsified the claim in the beginning of this review.
Support
Clients who access the website are provided with links to place calls, chat live and send messages to the customer care service.
Conclusion
Gemini Capital Markets seems to give good trading conditions but its initial deposit is high. Further, it does not hold any sort of license and it cannot be trusted with funds.
COMPARE WITH A TRUSTED BROKER
Fortrade
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website
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