Score

1.45 /10
Danger

GTTC TRADE

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.55

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-12
  • 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

GTTC TRADE · Company summary
Registered in St. Vincent and the Grenadines
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Forex, Crypto, Metals, European Stocks, USA Stocks Feedstock, Commodities, Futures Indices, Indices
Minimum Initial Deposit $1,000
Maximum Leverage 1:400
Minimum spread 0.0 pips onwards
Trading platform MT4 and webtrader
Deposit and withdrawal method credit/debit cards, electronic payment and cryptocurrencies
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of GTTC TRADE

GTTC TRADE was founded several years ago in St. Vincent and the Grenadines, and currently it does not have any regulations.

The company doesn't provide services to the citizens and the residents of the United States, Canada, Israel, New Zealand, Australia, North Korea, Puerto Rico, Bangladesh, Yemen, Singapore, Sudan, Iran, Japan.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Forex, Crypto, Metals, European Stocks, USA Stocks Feedstock, Commodities, Futures Indices, Indices .....GTTC TRADE allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GTTC TRADE.

market instruments

Spreads and commissions for trading with GTTC TRADE

There are two types of spread in GTTC TRADE: fixed spread for platinum and exclusive account; floating spread from 0.01 pips for the other 3 types of accounts.

The commission of different accounts varies from 0 USD to 25 USD per lot.

Account Types for GTTC TRADE

Demo Account: GTTC TRADE provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: GTTC TRADE offers a total of 5 account types: bronze, silver, gold, platinum and exclusive. the minimum deposit to open an account is $1,000, $5,000, $10,000, $25,000 and $100,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a bronze account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by GTTC TRADE

Although a long time has passed since the launch of MT4, it is still a major player in the market and is loved by traders all over the world. Accessing it from different devices also makes it easier for users to trade. This company also provides webtrader that permits trading without installing a software.

trading platform

Leverage offered by GTTC TRADE

GTTC TRADE offers a maximum leverage of up to 1:400, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

GTTC TRADE offers a series of deposit and withdrawal methods such as credit/debit cards, electronic payment and cryptocurrencies. In the correspondent page are the methods, currency and possible fees.

deposit and withdrawal

Educational resources

A series of educational resources is available at GTTC TRADE, such as glossary, technical analysis, fundamental analysis, trading psychology, graphical analysis and trading strategies.

educational resources

Customer support of GTTC TRADE

Below are the details about the customer service.

Language(s): English, German, Russian, Arabic

Service Hours: 24/5

Email: help@gt-tc.trade

Phone Number: +442039578578

Address: Suite 305, Griffith Corporate Centre Р.О. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of GTTC TRADE

Advantages:

High leverage

MT4

Sufficient information

Educational resources

Many instruments available

Demo account

Disadvantages:

No effective regulation

No MT5

Frequent asked questions about GTTC TRADE

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

User Reviews

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Wong Jia Hao
more than one year
I sincerely advised that this broker GTTC Trade should use more payment gateways. Of course, its deposits and withdrawals are generally ok, but as a day trader, I prefer to use online payment processors like paypal, webmoney, skill. I mentioned this to them before, but they did not take any action.
I sincerely advised that this broker GTTC Trade should use more payment gateways. Of course, its deposits and withdrawals are generally ok, but as a day trader, I prefer to use online payment processors like paypal, webmoney, skill. I mentioned this to them before, but they did not take any action.
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2023-03-20 17:00
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FX1301644629
more than one year
GTTC TRADE is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this place. Isn't it too dangerous to trade here rashly?
GTTC TRADE is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this place. Isn't it too dangerous to trade here rashly?
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2023-03-01 15:55
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