Gigachains Review

About Gigachains

Gigachains operates without any authorisation or license from recognised financial regulators. The Austrian Financial Market Authority (FMA) published a warning on 30 July 2022 stating that Gigachains is not authorised to conduct banking transactions or commercial trading, whether on its own behalf or for clients, in Austria . The Belgian Financial Services and Markets Authority (FSMA) identified Gigachains as a fraudulent online trading platform in its warning list dated 14 September 2022, listing www.gigachains.com among other unauthorized entities .

No regulatory body grants Gigachains a valid license. It is unregulated. Across multiple jurisdictions, including Austria, Belgium, and Germany, Gigachains is not authorised to provide financial services .

Available information indicates Gigachains is a broker founded around 2022 with operations apparently based in China, offering trading in forex, cryptocurrencies, and CFDs via a web-based platform only. The maximum leverage offered reaches up to 1:50 depending on account type (Silver: 1:15; Gold: 1:25; Platinum: 1:50). The broker charges a 20 % commission upfront and imposes a 10 % monthly inactivity fee after three months of non‑use. No details on minimum deposit, base currencies, swap‑free options, account types beyond basic tiers, spreading, margin rules, hedging/scalping/EAs, or supported platforms like MT4/MT5 are confirmed in verified regulatory sources .

Who it’s for

• Not enough verified factual information is available to reliably define a target audience.

Pros and cons

Pros

• No confirmed factual advantages from primary sources.

Cons

• Unregulated broker with warnings from FMA (Austria) and FSMA (Belgium).
• High upfront commission (20 %) and steep inactivity fee (10  % monthly after 3 months).
• Only web-based platform; lack of transparency on deposit/withdrawal details and other trading conditions.