Reported as a scam / unregulated
Why GSC Markets is on the register
GSC Markets claims to be operated by GSC Trading Ltd and states it is regulated by the Seychelles Financial Services Authority (FSA) under licence number NO. 08739089. However, our thorough search of the official Seychelles FSA licensee register found no record of GSC Trading Ltd or any entity associated with GSC Markets. Moreover, the format of the provided licence number does not conform to the standard numbering convention used by the Seychelles FSA(begin with SD) for genuine financial services licences. These inconsistencies strongly suggest that GSC Markets is falsely claiming regulatory authorization. Therefore, GSC Markets appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.