Score

1.89 /10
Danger

GARNET TRADE

Canada

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.59

Risk Management Index0.00

Software Index6.91

License Index0.00

Time Machine
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No valid regulatory information, please be aware of the risk

VPS Standard
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Single Core

1G

40G

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Broker Information

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Company Name

GARNET LIMITED

Company Abbreviation

GARNET TRADE

Platform registered country and region

Canada

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GARNET TRADE · Company summary

Garnet Limited was established in Australia in 2010 by a group of asset managers to share their trading experience in the interbank Forex liquidity market. Providing services in Europe and Asia, Garnet Trade has been active since 2018 by providing Turkish language support.

 

Australia-based Garnet Trade has also opened offices in Canada, Macedonia and the UK and continues its fully equipped operations globally with different language support options. Operating in more than 50 marketplaces, Garnet Trade provides trade execution and clearing services to institutional, retail and professional investors with direct access (on-line) for a wide range of electronically traded products including equities, CFDs, energies, metals and Forex worldwide. Garnet Limited and its affiliates execute more than 1,454,000 trades per day.

 

With more than 350 employees, Garnet Trade is a member of the Financial Commission. In this Financial Service Commission, traders’ capital is secured up to €20,000 and in case of any dispute/victimization, they are entitled to claim direct compensation of funds.

 

Garnet Trade is the;

Sponsorship of Portugal Braga Team between 2020-2022 

Sponsorship of HONDA LCR in MOTO GP races since 2022 

2022-2023 season actively sponsors the Galatasaray women’s volleyball team


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Comments

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Darry
more than one year
GARNET TRADE, their trading platform is alright, it's got the basics covered. But when it comes to customer service, some people say they've had some issues. If you're looking for a broker with top-notch customer service, you might want to look elsewhere.
GARNET TRADE, their trading platform is alright, it's got the basics covered. But when it comes to customer service, some people say they've had some issues. If you're looking for a broker with top-notch customer service, you might want to look elsewhere.
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2024-07-08 18:42
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BittraderZek
more than one year
I do not agree with the negative comments made for Garnet Trade. I have been trading on Garnet for a long time, my trust has never been damaged and it is a brokerage firm I trust.
I do not agree with the negative comments made for Garnet Trade. I have been trading on Garnet for a long time, my trust has never been damaged and it is a brokerage firm I trust.
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2023-06-21 03:23
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