Score

1.47 /10
Danger

GTLOT

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.73

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GTLOT · Company summary

Note: GTLOT's official website: https://gtlot.com is currently inaccessible normally.

GTLOTReview Summary
Founded/
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex currency pairs, commodities, bonds, indices, stocks, cryptocurrencies
Demo Account
LeverageUp to 1:3 (cryptocurrrency)
SpreadFrom 80 USDT
Trading PlatformWeb
Min Deposit$0
Customer SupportTel: +31 850643590
Email: support@gtlot.com
Address: Delflandlaan 1, 1062 EA Amsterdam, Netherlands

GTLOT Information

GTLOT is a St. Vincent and the Grenadines registered forex online broker offering online trading platform solutions to investors. GTLOT does not currently hold any licenses authorized by any regulatory body.

Pros and Cons

Pros Cons
Various trading productsNo regulation
No minimum depositInaccessible website
Multiple payment optionsNo demo accounts
No MT4/MT5 platform

Is GTLOT Legit?

No. GTLOT has no valid regulations currently. Please be aware of the risk!

What Can I Trade on GTLOT?

Tradable financial instruments GTLOT offers to investors include forex currency pairs, commodities, bonds, indices, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex currency pairs
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Leverage

GTLOT's official website does not provide information on leverage for currency pairs, commodities, bonds, and indices, while the leverage for cryptocurrency trading is 1:3.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

The official GTLOT website only shows the spreads for cryptocurrency trading (from 80 USDT). For example, the spread for BTC/USDT is over 90 USDT, which is too high compared to other brokers.

Trading Platform

GTLOT offers traders not the current most popular MT4/MT5 trading platforms but an online trading platform.

Trading PlatformSupported Available Devices Suitable for
Web Web/
MT4/Beginners
MT5/Experienced traders
Webtrader

Deposit and Withdrawal

The broker accepts payments via VISA, MasterCard, Maestro, MoneyGram, NETELLER, UnionPay, Western Union, IDEAL, WebMoney, QIWI, Wire Transfer, JCB, and Skrill.

There is no minimum deposit/withdrawal requirement.

User Reviews

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User comment

2

Comments

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炫目
more than one year
I've been trading with for about 5 months without problems. They've been quick to provide service, answer questions. I used to think they were a good broker. However, I saw their real face when I made the second profit, they manipulated my account, closed my positions for no reason. Everything become so clearly. I WAS SCAMMED, and that’s why I am here to write this review.
I've been trading with for about 5 months without problems. They've been quick to provide service, answer questions. I used to think they were a good broker. However, I saw their real face when I made the second profit, they manipulated my account, closed my positions for no reason. Everything become so clearly. I WAS SCAMMED, and that’s why I am here to write this review.
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2023-03-23 09:58
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李老师74130
more than one year
The company's website is down, I don't know if they absconded with money, but I don't see anyone reporting it on wikifx. Maybe no one gets scammed and that's for the best.
The company's website is down, I don't know if they absconded with money, but I don't see anyone reporting it on wikifx. Maybe no one gets scammed and that's for the best.
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2022-12-09 10:10
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