What is your opinion about GSI Markets? Can i trust it as a legit broker?

https://www.gsimarkets.com

GSI Markets is an unauthorized broker and should be avoided at all events. GSI Markets claims it is operated and owned by Media Force Limited, an offshore entity registered the Marshall Islands Registry (IRI). However, the IRI is a provider of shipping, ship and company registration services, providing technical and management support to the Maritime and Companies Registry of the Republic of Marshall. In other words, IRI is not a government agency, nor is it a regulatory agency.

What's worse, the UK FCA and Spain CNMV have successively added GSI Markets to the alert list to warn the public that this firm is not authorised to provide the investment services in their countries. You can check the full alert or warning from FCA and CNMV against GSI Markets respectively.

As per the evidences above, our verdict is that GSI Markets is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders stay away from this broker and trade with licensed brokers.