Score

1.50 /10
Danger

Gntfin

Bulgaria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.90

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Gntfin · Company summary

General Information & Regulation

Gntfin claims to be a UK-based broker who claims to offer a large number of trading assets through the MT4 and Sirix platforms. Gntfin is currently not subject to any effective regulation.

Market Instruments

Investors can trade Forex currency pairs, indices, commodities, and stocks on the Gntfin platform. Unfortunately, Gntfin does not offer trading in popular cryptocurrencies.

Minimum Deposit

There are three different types of accounts available on the Gntfin platform: Silver (minimum deposit of €10,000), Gold (minimum deposit of €25,000), and Platinum (minimum deposit of €50,000).

Gntfin Leverage

With regard to trading leverage, GNTFIN hasnt made this clear on their website. However, unregulated broker would offer high leverage level to attract new traders.

Spreads & Commissions

Gntfin claims spread as low as 0 pips on major currency pairs but charge a 6% commission, an unusual fee model. Considering the low credibility of this brokerage, it is advisable to check the real-time spreads of the major currency pairs.

Trading platforms

Gntfin claims to provide traders with both MT4 and Sirix trading platforms. However, after testing, it was found that only the Sirix platform can get access to, and Gntfin is false advertising.

Deposit & Withdrawal

Gntfin does not provide much information about the ways to deposit and withdraw funds, but only mentions that clients can deposit and withdraw funds via wire transfer, credit, and debit cards and that the minimum amount for withdrawal via wire transfer is 3,000 EUR/GBP, which is clearly a practice of fraudulent traders.

Gntfin Pros & Cons

Gntfin Advantages Include:

1. Three account types to choose from

Gntfin Disadvantages Include:

1. No regulation & blacklisted by CONSOB

2. High initial deposit requirements

3. Unusual pricing model

4. False advertising of MT4

5. Limited deposits & Withdrawals methods

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment