Prop firms · Is it legit?
Is Gemscend legit?
Gemscend scores 3.3/5 on Trust and 2.2/5 on Payouts in the Tradoshi 2027 ranking, #249 of 276 with 55.4/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Payout history and incidents
- Rule clarity
- Rules restricting how you trade
- Secure website
Low scores (1 or 2 out of 5)
- Identity and contact
- Regulated execution partner
- Honest marketing
- Public payout proof
- Published processing time
- Payout frequency and first payout
- Withdrawal terms and methods
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not applicable | Gemscend Limited Read on October 29, 2026 |
| Identity and contact | 2/5 | © Gemscend Limited. All Rights Reserved (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade. (source) Read on October 28, 2026 |
| Honest marketing | 1/5 | Your 80% Take Home Is (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 2/5 | – Read on October 28, 2026 |
| Published processing time | 1/5 | – Read on October 28, 2026 |
| Payout frequency and first payout | 2/5 | Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 1/5 | – Read on October 28, 2026 |
| Payout history and incidents | 4/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | not applicable | – (source) Read on October 28, 2026 |
| Number of reviews | not applicable | – (source) Read on October 28, 2026 |
| Suspicious review warning | not applicable | – (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 4/5 | 12/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 4/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 85 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 3/5 | 3 points out of 5 (SPF, DMARC, 2 other headers) Read on October 28, 2026 |
Frequently asked questions
Is Gemscend regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is Gemscend Limited, St. Lucia. No warning was found on the regulator lists checked.
Does Gemscend pay its traders?
Its Payouts pillar scores 2.2/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about Gemscend?
No sufficient volume of reviews was recorded for Gemscend.
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