GPP

Overview of GPP

GPP, founded in 2010 and headquartered in New Zealand, operates as a financial brokerage offering trading services in the global markets. Despite its diverse range of tradable assets, including forex, precious metals, and CFDs, GPP's regulatory status is questionable, with its license revoked by the New Zealand Financial Service Providers Register. Traders benefit from multiple deposit methods and various trading platforms, such as MT4 and mobile apps, for enhanced accessibility. However, the lack of regulatory oversight and transparency raises concerns about fund security and operational integrity, limiting the broker's appeal to risk-conscious traders.

Is GPP Legit？

GPP was previously regulated by the New Zealand Financial Service Providers Register (FSPR) under license number 479826. However, its regulatory status is now abnormal as this license has been revoked. Traders should exercise caution and be aware of the increased risks associated with dealing with a non-regulated entity.

Pros and Cons

GPP presents traders with a diverse range of trading instruments and supports multiple deposit methods, offering flexibility and convenience in trading operations. Additionally, the availability of various trading platforms enhances accessibility for traders. However, the lack of regulatory oversight and transparency poses significant risks, including concerns about fund security and operational integrity. Moreover, the absence of essential information such as account types, minimum deposit requirements, and leverage ratios makes it challenging for traders to make well-informed decisions. Furthermore, the limited customer support and educational resources may hinder traders' ability to receive timely assistance and improve their trading skills effectively.

Trading Instruments

GPP offers a range of trading instruments including Forex (foreign exchange currencies), precious metals, and CFDs (Contracts for Difference) on various financial derivatives.

Here is a comparison table of trading instruments offered by different brokers:

Deposit & Withdraw Methods

GPP supports deposits through bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay). Withdrawals can be made via UnionPay, credit cards, and bank wire transfers.

Trading Platforms

GPP offers trading through various platforms including MT4 (MetaTrader 4), a web-based platform, tablet version, and mobile app for smartphones.

Customer Support

GPP provides customer support via email at info@gimfch.com and through a hotline at 400-689-8502.

Conclusion

In conclusion, GPP offers traders a diverse range of trading instruments and supports multiple deposit methods, enhancing flexibility and accessibility in trading activities. However, the lack of regulatory oversight and transparency presents significant risks, including concerns about fund security and operational integrity. Additionally, the absence of essential information such as account types and requirements, coupled with limited customer support and educational resources, may impede traders' ability to make well-informed decisions and effectively manage risks.

FAQs

Q: Is GPP a regulated broker？

A: No, GPP is not regulated.

Q: What trading instruments can I trade with GPP？

A: GPP offers a variety of trading instruments, including forex, precious metals, and CFDs.

Q: What deposit methods does GPP support？

A: GPP supports multiple deposit methods, including bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay).

Q: Are there any educational resources available for traders with GPP？

A: Unfortunately, GPP does not provide educational resources for traders.

Q: How can I contact GPP's customer support？

A: You can reach GPP's customer support via email at info@gimfch.com or through the hotline at 400-689-8502.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.