Score

1.26 /10
Danger

GTS Capital

Australia

1-2 years

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index5.06

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

GTS Capital · Company summary
Company Name GTS Capital
Registered Country Australia
Founded Year 2023
Regulation Not regulated
Tradable Assets Forex, Shares, Commodities, Indices, Cryptocurrencies, Precious Metals
Account Types Simple Account, Standard Account, Traditional Account, Premium Account
Minimum Deposit $250 (Simple Account)
Maximum Leverage Up to 1:300
Spreads From 0.0 pips (Premium Account)
Trading Platforms MetaTrader 4
Payment Methods VISA, MasterCard, debit/credit card, bank deposit, selected cryptocurrencies (Bitcoin, Ether, Tether)
Customer Support Email support@gtscapitalservices.com, phone +61251198848, contact form

Overview of GTS Capital

GTS Capital, established in 2023 and registered in Australia, is unregulated. It offers forex, shares, commodities, indices, cryptocurrencies, and precious metals. The broker provides four account types such as Simple, Standard, Traditional, and Premium, each with different features and minimum deposit requirements. The trading experience is enhanced by the MetaTrader 4 platform. However, the broker lacks educational resources and demo accounts, which could be a drawback for beginners. GTS Capital supports a variety of deposit and withdrawal methods including credit/debit cards, bank transfers, and selected cryptocurrencies. Customer support is accessible via email, phone, and a contact form.

Overview of GTS Capital

Pros and Cons

GTS Capital provides access to the highly regarded MT4 trading platform known for its reliability and comprehensive features. The broker's minimum deposit requirement is reasonable, making it easier for new traders to start trading with a modest initial investment. The availability of multiple deposit and withdrawal options, including VISA, MasterCard, and selected cryptocurrencies, adds to the convenience and flexibility for traders.

On the downside, GTS Capital lacks regulatory oversight, which means there is no authoritative entity ensuring the security and fairness of the broker's operations. The broker's transparency regarding commissions and fees is also insufficient, potentially leading to unforeseen costs. Additionally, the limited educational resources offered by GTS Capital could hinder the progress of traders. The absence of a demo account restricts traders from practicing and getting accustomed to the platform without financial risk. Lastly, the lack of clarity about the broker's office address can be a significant drawback for those who prioritize transparency and reliability.

Pros Cons
  • MT4 trading platform available
  • Not regulated
  • Acceptable minimum deposit
  • Commissions and fees lack transparency
  • Various account types
  • Limited educational resources
  • Supports VISA, MasterCard, and selected cryptocurrencies
  • No demo account available
  • Customer support via phone and email
  • Obuscurity regarding office address

Is GTS Capital legit or a scam?

GTS Capital currently operates without regulation, meaning there is no authoritative oversight to enforce trading standards or ensure the protection of client funds.

Is GTS Capital legit or a scam?

Market Instruments

The broker offers several trading instruments including Forex, shares, commodities, indices, cryptocurrencies, and precious metals. Forex traders can access over 60 pairs, such as EUR/GBP, EUR/USD, and GBP/USD. Those interested in shares can trade strategically in major global companies. For commodities, the platform provides options like energy, sugar, and oil, enhancing portfolio diversification. Indices trading is available for those who prefer day trading by predicting price movements. Cryptocurrency enthusiasts can trade over 70 pairs, and investors can also choose from precious metals like gold and silver for more secure investments.

Market Instruments

Account Types

  1. Simple Account: With a minimum deposit of $250, this account includes an introduction to crypto wallets, trading platforms, real-time market data, access to eBooks, and Tier 1 arbitrage.

  2. Standard Account: Requiring a minimum deposit of $10,000, this account offers up to 1:100 leverage and spreads from 1.5 pips. It also features all Simple Account benefits, a dedicated senior account manager, Tier-3 trade room analysis, prioritized withdrawal, and Tier 2 arbitrage.

  3. Traditional Account: This account demands a $50,000 minimum deposit, offering leverage up to 1:200 and spreads from 0.5 pips. It includes all Standard Account benefits, Tier-2 trade room analysis, higher priority withdrawal, and Tier 3 arbitrage.

  4. Premium Account: With a minimum deposit of $100,000, this top-tier account provides leverage up to 1:300 and ultra-tight spreads from 0.0 pips. It includes all Traditional Account benefits, Tier-1 trade room analysis, full access to webinars and analysis, highest priority withdrawal, VIP event access, and a special gift worth $5,000.

Account Minimum Deposit Leverage Spreads
Simple $250 - -
Standard $10,000 1:100 1.5 pips
Traditional $50,000 1:200 0.5 pips
Premium $100,000 1:300 0.0 pips
Account Types

How to Open an Account with GTS Capital

  1. Visit the GTS Capital Website: Start by navigating to the GTS Capital homepage and clicking on the 'Get Started' or 'Open an Account' button prominently displayed on the site.

How to Open an Account with GTS Capital
How to Open an Account with GTS Capital
  1. Fill Out the Registration Form: Complete the form with your personal details, including your full name, email address, phone number, and country of residence. You will also need to create a unique username and password.

How to Open an Account with GTS Capital
  1. Verify Your Email Address: After submitting the registration form, check your email for a verification link sent by GTS Capital. Click the link to verify your email address and activate your account.

  2. Complete the Verification Process: Log in to your newly created account and provide additional verification documents, such as a government-issued ID and proof of address.

  3. Fund Your Account: Once your account is verified, choose your preferred deposit method (credit/debit card, bank transfer, or cryptocurrency) and fund your account with the minimum required deposit for your chosen account type.

Leverage

GTS Capital offers maximum leverage up to 1:300, available to Premium Account holders. The leverage details are as follows:

  1. Standard Account: Up to 1:100

  2. Traditional Account: Up to 1:200

  3. Premium Account: Up to 1:300

Leverage

Spreads & Commissions

The Simple and Standard Accounts maintain spreads from 1.5 pips, while the Traditional Account reduces them to 0.5 pips. The Premium Account provides ultra-tight spreads starting at 0.0 pips.

Trading Platform

GTS Capital provides its clients with the MT4 trading platform, which has a user-friendly interface, coupled with powerful analytical tools and automated trading features. Available on desktop and mobile, MT4 allows for flexible trading on the go, ensuring that GTS Capital's clients can stay connected and execute trades efficiently, no matter their location.

Trading Platform

Trading Tools

GTS Capital enhances its trading platform with optimized trading tools, including in-depth market analysis. Real-time market data and news updates could help traders to grasp the most current information to inform their trading strategies.

Trading Tools

Deposit & Withdrawal

GTS Capital offers multiple deposit and withdrawal methods, including VISA, MasterCard, debit/credit cards, bank deposits, and selected cryptocurrencies (Bitcoin, Ether, Tether).

Deposit & Withdrawal

Customer Support

Email :support@gtscapitalservices.com

Phone : +61251198848

A contact form is available on their website.

Customer Support

Conclusion

GTS Capital offers a broad selection of tradable assets and account types, combined with the robust MetaTrader 4 platform. Its deposit and withdrawal methods are accommodating, and the variety of accounts appeal to different trader levels. However, the absence of regulation significantly undermines its trustworthiness, and the lack of comprehensive educational resources or demo accounts could limit beginner traders. Furthermore, the broker's unclear fee structure and lack of a transparent office location also diminishes its credibility.

FAQs

Q: Is GTS Capital regulated?

A: No, GTS Capital is currently unregulated.

Q: What trading instruments are available at GTS Capital?

A: GTS Capital provides access to forex, shares, commodities, indices, cryptocurrencies, and precious metals.

Q: What types of accounts does GTS Capital offer?

A: GTS Capital offers four types: Simple, Standard, Traditional, and Premium, each with different benefits, leverage, and deposit requirements.

Q: Which trading platform is available at GTS Capital?

A: Traders have access to the MetaTrader 4 platform.

Q: What is the minimum deposit required for the Simple Account?

A: A minimum deposit of $250 is needed to open a Simple Account.

Q: Which deposit and withdrawal methods are accepted by GTS Capital?

A: GTS Capital accepts VISA, MasterCard, bank transfers, and various cryptocurrencies, including Bitcoin, Ether, and Tether.

Q: Does GTS Capital provide a demo account for practice trading?

A: No, there is no demo account available, which could be restrictive for beginners.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

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