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Giga Markets Review: What Traders Need to Know

1.3 rating
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The website boasts a membership list of over 200,000 and a daily transaction volume of millions of dollars. It states to be a regulated broker in Canada — a contention for which, as we are soon to demonstrate, there is no significant proof. Community opinion splits, with some users praising its services while others are accusing the firm of fraud and manipulation. We opt to look further, wondering if Giga Markets is a legitimate force in the arena of financial services — or merely another instance of an unregulated site capitalising on trader confidence.

Author: Alex Banks. Edited and fact checked by: Josh Middleton
About Our Team

Giga Markets Snapshot

Claimed Regulation CIRO
Verified Regulation Not Found
Licence Last Checked 02/06/2025
Minimum Deposit $250
Retail Leverage up To Undisclosed
Affiliate Programme Available
Type of Education FAQ, Glossary
Claimed Year Foundation 2020
Domain Parked Since 24/01/2025
Trading Software WebTrader, MetaTrader
Mobile Compatibility Browser Trading
Languages Supported En

Advantages and Disadvantages

  • The website has a section on frequently asked questions, which might help to explain some of the aspects of the operation.
  • No sign of a valid licence from Canada's CIRO (Canadian Investment Regulatory Organisation).
  • Details regarding trading leverage are concealed.
  • Affiliate program details are evasive and not very substantial.
  • The listed headquarters appears to be entirely fictitious.
  • Domain registration and ownership data appear suspect.

Legitimacy Check

Giga Markets improperly claims to be running under CIRO’s umbrella, Canada’s principal investment watchdog organisation It goes on to provide the address of a purportedly managing firm, SIG North Trading, and a location that it reports as its London headquarters. This tale, while seeming credible on its face, quickly unravels upon simple confirmation.

The intermediary Giga Markets holds no licence from the Canadian regulator.

At the bottom of the site, the broker proudly displays the CIRO name and states it is run by SIG North Trading. However, a search through the CIRO register contradicts such claims. There is no listing that links SIG North Trading to Giga Markets whatsoever. Furthermore, CIRO’s company directory assigns an entirely different domain to SIG (sig.com), with no link to Giga Markets business. This bogus connection appears to have been designed to create a misleading impression of trust.

In the absence of actionable regulatory oversight, clients are in grave danger. It is hard to imagine what a respectable broker would deceive potential investors so wilfully. When spurious regulatory claims are made, faith in fund security and conflict resolution vanishes completely.

The published address of Giga Markets’ headquarters is fabricated.

Moreover, there is distrust upon seeing the firm’s reported London office location. In a Google Maps search, it is clear that the address has no indications of any financial establishment, let alone a brokerage of Giga Markets’ reported scale. Similarly, assertions of Canadian legal registration are also dubious. No public database exists to indicate such registration, indicating a potential attempt at fooling customers that the firm is under North American legal jurisdiction.

Giga-markets365.com Content Quality

Its official website is to a significant extent a marketing tool, designed to bring in prospective investors rather than reflect a genuine image of its services. Although the website is exclusively in English, it attempts to appeal globally using regulatory credentials that it obviously lacks. Page loads are acceptable, and in terms of looks, the website appears professional — albeit this surface gloss hides nothing of the issues beneath.

Critically, it is not a proper registration portal. Prospective users are directed instead to fill out a standard contact form, and they will be sent a “tailored proposal”. There is none of the verification, onboarding, or compliance process one might expect from a legitimate financial intermediary here. We conclude that it is more than a technical oversight — it is a clear red flag signifying deliberate obfuscation.

Significant: The absence of compliance documentation, like Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures, is concerning. Any regulated broker has a legal duty to have its AML/KYC policy in plain sight. So it seems like intentional non-compliance or that the policy does not even exist.

The firm insists its trading terms are driven by WebTrader and MetaTrader terminals. In addition, it promotes the use of artificial intelligence to execute trades as well as user data protection. Once more, no download links for these platforms exist, nor may a bespoke trading dashboard be accessed. Traders essentially fly blind — a totally unacceptable position for anyone operating real capital.

Key Trading Features

Giga Markets sells a hierarchical progression of accounts from “Introduction” to “VIP.” At each level, purportedly opens up additional services like personnel managers, arbitrage strategies, access to IPOs, and fixed-return products.

Accounts on Giga Markets differ in terms of spreads and additional services.

The minimum initial deposit is $250 — perhaps for beginners, but very likely a calculated amount to try to get entry-level customers in the door. But the full platform advantages don’t become active until deposit levels up to $500,000 are achieved. The disparity between entry-level participation and high-end rewards is enormous and deeply unsettling. We wonder if the low deposit is merely used as a lure to entice beginner traders, as a warm-up to high-pressure upselling.

However, the biggest concern is leverage management. Despite repeated margins trading mentions, the firm routinely denies releasing clear terms of leverage. The reported minuscule numbers — 1:100 or 1:500 — are rather marketing slogans than contract terms. On closer examination, it is fair to expect that leverage ratios are freely set by the firm, with perhaps adjustments per client to influence trading outcomes.

Spreads begin at a whopping 3.0 points — a premium far higher than industry standards. Much better spreads (e.g., 1.6 points) are an exclusive privilege reserved for VIP accounts. Once again, these advantages come at the outrageous cost of huge deposits. While the company claims zero withdrawal fees, we have no basis to assume that such terms are always respected. As a matter of fact, several client reviews nullify this promise in its entirety.

Among its most ambitious promises, Giga Markets provides services such as social trading, a well-curated selection of trading tools, company events for privileged members, and even cryptocurrency arbitrage. The company also provides fixed-return high-yield investment products — a proposition that superficially defies the intrinsic riskiness of financial markets.

We find that such offerings are not only impractical but most likely fraudulent. No reputable brokerage can guarantee locked-in returns, much less without disclosure of risk factors, fund management strategies, or regulatory approval. What appears on the website of Giga Markets is, at best, a hopeful fantasy. At worst, it is a scam.

Giga Markets Track Record Insight

A simple WHOIS search shows no evidence of the website giga-markets.com being registered until early 2025. The site appears to continue, declaring that it has operated since 2020. It has fake awards and logos to support its tale, none of which can be connected to an actual award-granting organisation.

A domain check reveals that Giga Markets was established in 2025.

Moreover, at some point in time, a new domain giga-markets365.com emerged, which was registered in May 2025 according to the WHOIS data. We suspect that such a sharp change of domains is caused by the desire to escape the attention of regulatory authorities and clear their reputation.

This kind of falsification is cosmetic in its nature — it is an effort to deceive potential clients by giving them the veneer of longevity, reputation, and credibility. We can only guess how many speculators have been cheated out of their money through this fabricated corporate history.

Customer Service Overview

Customer contact is nominally by email and a couple of publicly listed telephone numbers. However, attempts to verify the given email addresses prove they are inactive or not secured. The absence of a live chat facility also contributes towards these doubts.

It is unsafe to use Giga Markets’ email for communication.

There is no social media presence to be found, and there are no communication options via modern messaging channels. In our era, where fast and transparent customer service has become the standard on every financial platform, such voids are highly unprofessional. It is hard for us to trust a brokerage that so thoroughly isolates itself from its client base.

Our Verdict

After a careful inspection of Giga Markets, our view is clear: we discourage trading with this company strongly. The site is not licensed, its office address is fake, and its operations are not transparent or regulatory compliant. Terms for trading are predatory, and crucial aspects do not exist or exist primarily as marketing bait. Protection of clients and a return of funds appear impossible under such circumstances.

About the author

Alex Banks
Alex Banks
Financial Analyst
Alex Banks is a seasoned financial analyst with over 15 years of experience in the trading industry. He has worked with several top-tier investment firms, specializing in long-term investment strategies and market analysis. Alex is now known for his in-depth research and ability to identify stable and reliable brokers that offer consistent performance over extended periods.

3 Giga Markets Reviews

  1. Marvin Barton

    My experience with Giga Markets was overwhelmingly negative. They actively obscure their illegal operations, and it’s clear now that the whole platform is based on deceit. This is just another scam under a different name!!

    2.0 rating
    2/5
  2. Donn Hudges

    There’s a reason why they don’t release trading software details. They kinda mention WebTrader or MetaTrader, but in reality, you end up being handed over a browser-based client with big spreads and unregulated leverage settings. It’s all smoke and mirrors

    1.0 rating
    1/5
  3. Annies Santos

    The customer service is appalling. Staff are not only useless – they’re unfriendly and aggressive. All they care about is convincing you to insert more money in, irrespective of your results

    1.0 rating
    1/5

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