About Gembite Company
The Gembite company positions itself as a global participant in financial markets, providing traders with full transparency of trading, data security, and deposit guarantees. The broker’s official website is multilingual and available at gembite.com.
Among the advantages claimed by the company are:
- Best trading conditions,
- Experience in brokerage activities since 2018 in cooperation with regulators and reliable financial organizations,
- Availability of multilingual technical support,
- Ability to deposit and withdraw funds through electronic wallets,
- Fast registration process.
The broker claims to be registered at Knudsenlia 6 5079 Oslo and operates in accordance with the provisions of the Cyprus Securities and Exchange Commission, the International Financial Services Commission, and the Financial Services Commission of Mauritius.
The website also presents a document claiming the broker’s licensing activity in Saint Vincent and the Grenadines, which contradicts the information about the company’s registration in Oslo.
Trading Opportunities on the Gembite Platform
The broker offers traders its own platform for trading operations.
Six categories of financial instruments are available for selection:
- Currencies,
- Metals,
- Stocks,
- Commodities,
- Indices,
- Cryptocurrencies.
Each of the assets can be traded without volume restrictions.
Gembite Trading Account Types
The broker offers its clients three types of trading accounts:
- Standard – $150,
- Gold – $1000,
- Platinum – $10000.
More detailed information about each account can be found in the “Trading Conditions” section.
Also, the website features a trader’s calculator, which can be used to roughly estimate potential profits by specifying parameters of different accounts.
Account Funding and Withdrawal on the Gembite Platform
To open an account, you need to follow these steps:
- Go to the registration section – click on the “Register” button in the top right corner of the main page,
- Fill out the registration form, providing your last name, first name, phone number, email address,
- Confirm consent to the transfer of personal data and refund policy,
- Click on the “Register” button,
- Top up the account using the preferred method.
The broker does not disclose the terms of deposit and withdrawal, as well as the list of available payment services.
Conclusion
This broker has several significant drawbacks: providing false and unverified information about its activities, a fake license containing inaccuracies. Additionally, the company indicates a false registration address, lack of detailed information about its services, and confirming their reliability.
Reviews from real clients of the company will help to get a more objective view of Gembite.