ANSWER Dear Investor,
GAINLIT is not a trustworthy trading platform.
The broker claims to be subject to multiple regulations; however, we could not find any specific regulatory information on its website, making it impossible to verify its claims. This leads us to suspect that it is entirely unregulated and does not hold any valid broker licenses. Furthermore, based on previous investigations, GAINLIT previously claimed on its website to be regulated by the Seychelles Financial Services Authority (FSA). Upon verification, we discovered that GAINLIT is suspected of cloning the licensing information of the compliant platform IC Markets.
Therefore, GAINLIT is not only unregulated but has also fabricated information to mislead investors. Such a platform is extremely unsafe. We strongly advise you to avoid any dealings or transactions with GAINLIT to protect your financial security.
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