1.75 /10


United Kingdom

2-5 years

Regulated in United States

Suspicious Regulatory License

MT4/5 full license

Chinese market only

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

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Quantity 33


Time Machine


License Index 0.00
Business Index 6.39
Risk Management Index 0.00
Software Index 6.13
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



open now

Contact number


+44 2084 323 088

Broker Information


Company Name

Grand Signal Markets Limited

Company Abbreviation


Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint


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Warning: Low score, please stay away! 5
Previous Detection : 2023-03-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 33 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Unable to withdraw

Unable to withdraw my money

I registered my account with this company ‎(GSM) ‏and made a large deposit to them. ‏I started trading on mt5 ‏platform. ‏When I wanted to withdraw my money, ‏they started inventing stories for me, ‏and every time I sent them an amount they asked me a new story and kept doing it. ‏I finally realized it is a fake and misleading company and they closed my account and I couldn't open my mt5 ‏account. ‏Until today I don't get my money back. ‏Among them, ‏I don't know if you can help me withdraw my money from this fake company, ‏this is my account with them.950558

2022-11-01 13:42
Unable to withdraw

fraud is group of people

I was contracted by Viber to register the group as they have over 200 people crowed group everyone talking about it how great platform is it . girl calm Wendy contract me and talk to her lots of time over the phone also I was convince to invest over all for Rocket project I hav invested £50000 and start trading with company call Wintersnowx . after few weeks is Chnage to GSM company still trading with MT5 and few weeks later it’s Change to OBFX and traded for month made 508 usd total . in return of withdraw they clear my account and block my account without access . all the money was vanish from account also . need support and help to recycler the funds as well as warn to people about fraud . this company and group of people play some game to take your money . simply they are farud . Wintersnowx WintersnowFX . GSM OBFX this all Company are same and they all fake and fraud . I have full pack of evidence for communication , emails , MT5 account details and account details . also evidence of company and money deposit through BInace . I hope I will get some help .

2023-01-22 12:49

    User Reviews


    User comment



    Write a review

    I am being scammed by the Grand Signal Market platform where I deposited my money because they are making it difficult to withdraw my money. When I asked for a refund of 4150 dollars, they demanded to pay 622 dollars in taxes 15% in favor of the Central Bank of Saudi Arabia, then after that they asked to pay 290 dollars, a difference of 7%, then for the third time they demand to pay 830 dollars, 20% cybercrime insurance Please Help me
    2022-11-04 21:09
    2022-09-28 20:09


    ExposureWikiFX Review: What you should know about GSM?

    The exposure on WikiFX about the broker is a red flag. It may be alerting you that the broker is dangerous!

    2022-09-28 16:28
    WikiFX Review: What you should know about GSM?

    NewsWikiFX Review: Why does GSM catch many traders’ attention recently?

    Recently GSM has become a trending topic in forex markets. What is the relationship between GSM and WinterSnow Limited? WikiFX made a comprehension review on it to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulation, exposure and etc. Let’s get into it.

    2022-08-30 10:46
    WikiFX Review: Why does GSM catch many traders’ attention recently?

    ExposureWintersnow Ltd Changed Its Name to GSM Ltd After Being Exposed?!

    It was just last week when WikiFX reported that Wintersnow Ltd could have bought fake followers to boost its Twitter account. Unbeknownst to many, now the Wintersnow Ltd's Twitter account is gone within a week since our article. Keep reading to see what could have happened.

    2022-08-19 19:00
    Wintersnow Ltd Changed Its Name to GSM Ltd After Being Exposed?!
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