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/10

ginFi

South Africa South Africa | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://ginfi.com

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Nigeria Nigeria 2.43
Surpassed 13.10% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://ginfi.com
Regus Dainfern 1st floor, Dainfern Square, CNR Winnie Mandela Drive & Broadacres, Johannesburg, Gauteng, 2191, South Africa.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa
Operating Period
2-5 years
Company Name
Demeterer (PTY) LTD
Email
support@ginfi.com
Company Website
Address
Regus Dainfern 1st floor, Dainfern Square, CNR Winnie Mandela Drive & Broadacres, Johannesburg, Gauteng, 2191, South Africa.
Account Info
Business Region
Verified Site
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Official Website

Verified Site

  • ginfi.com
    172.67.72.42
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    --
    Website Name
    --
    Company
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ginFi

Related Companies

DEMETERER EUROPE LTD(Cyprus)
Cyprus
DEMETERER EUROPE LTD(Cyprus)
Active
Cyprus
Registration No. HE448684
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

GinFi Review Summary
Founded2016
Registered Country/RegionSouth Africa
RegulationFSCA Exceeded
Market InstrumentsForex, stocks, commodities, indices, cryptocurrencies
Demo Account
Spread/
Leverage /
Minimum Deposit/
Trading PlatformMT5, GinFi webtrader
Customer SupportAddress: Regus Dainfern 1st floor, Dainfern Square, CNR Winnie Mandela Drive & Broadacres, Johannesburg – Gauteng, 2191, South Africa
Email: support@ginfi.com
Contact form, live chat
Restricted AreaUnited States

GinFi Information

GinFi is a brokerage company operated by the Cyprus- based company Demeterer (PTY) LTD t/a GINFI. It entered the trading market in 2016 and offers trading services in forex, stocks, commodities, indices, and cryptocurrencies.

The broker provides a demo account for practicing before actual trading and 3 tiered live accounts for different client groups. To protect customer funds, GinFi implements segregated accounts to separate client assets from operational funds.

Furthermore, the broker offers educational videos, articles and market analysis to equip customers with necessary knowledge and information for successful trading.

However, Demeterer (PTY) LTD t/a GINFI is now under the regulation status of FSCA exceeded, which should raise your great attention when deciding to trade with them

GinFi Information

Pros and Cons

Pros Cons
Demo accounts availableFSCA exceeded
Tiered accountsLimited info for trading conditions
Educational resources availableTrading commissions charged
Fund segregationRegional restrictions
MT5 platform

Is GinFi Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Though Demeterer (PTY) LTD t/a GINFI holds an FSCA (Financial Sector Conduct Authority) license with number 50354.

Nevertheless, the license status is “Exceeded”, which indicates possible violation of business scope and regulation of FSCA. Investors should choose GinFi with caution to avoid losing money.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
FSCA Exceeded DEMETERER (PTY) LTDFinancial Service Corporate50354
GinFi license

What Can I Trade on GinFi?

GinFi offers 2,000+ trading assets:

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
GinFi assets

Account Type & Fees

To start with GinFi, you are suggested to start with a free demo account with virtual money to practice and get familiar with the platform first.

While for live trading, there are 3 tiered accounts available: namely STP Bronze, STP Gold and STP Silver. However, regretful that the broker does not disclose more information on trading conditions on each account. All we know is that the broker charges commissions as below:

Account TypeCommission
STP Bronze$5/lot
STP Gold
STP Silver$2/lot
GinFi account types

Trading Platform

GinFi offers a proprietary trading platform “GinFi webtrader” which can be accessible via web.

Additionally, the well-acclaimed MetaTrader 5 is also available through Mac, Windows and Web.

Trading PlatformSupported Available Devices Suitable for
GinFi webtraderWeb/
MT5Mac / Windows/ WebExperienced traders
MT4/Beginners
GinFi trading platform 1
GinFi trading platform 2

Deposit & Withdrawal

As is shown on the broker's mainpage, payment methods include MasterCard, Maestro, VISA, VISA Electron, Skirill and Neteller.

GinFi deposit and withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is ginFi a reliable or highly suspicious trading platform?

According to WikiFX data, ginFi, operated by Demeterer (PTY) LTD, is classified as a highly suspicious entity. The broker currently operates without any verified, authoritative financial licenses, and its purported license with the South African FSCA is listed with an 'Unverified' status. WikiFX gives it a very low overall score of 1.30, reflecting the significant risks associated with its unconfirmed regulatory standing. Potential traders should exercise extreme caution.

04-02
United States

What is the license number of ginFi?

ginFi does not hold any verified mainstream regulatory licenses. While the broker claims a Derivative Trading License (No. 50354) under the Financial Sector Conduct Authority (FSCA) in South Africa, this authorization is officially listed with an 'Unverified' status, meaning its legitimacy is not confirmed. The entity operates without credible financial oversight.

04-02
United States

Where is ginFi registered?

ginFi is registered as Demeterer (PTY) LTD in South Africa, with the company having been in operation for an estimated 2 to 5 years.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Two days ago

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

Two days ago

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

Two days ago

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

Two days ago

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
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