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GTLOT -

Score

1.46 /10
Danger

GTLOT

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://gtlot.com

Influence

D

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.64

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! 2
Previous Detection : 2024-09-25
  • 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

GTLOT · Company summary

General Information & Regulation

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.

Market Instruments

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

Minimum Deposit

When it comes to minimum deposit, GTLOT doesn't make this part clear.

Leverage

GTLOT's official website does not provide information on accounts and leverage for currency pairs, commodities, bonds, and indices, while the leverage for cryptocurrencies is 1:2.

Spreads & Commissions

The official GTLOT website only shows the spreads for cryptocurrencies. For example, the spread for Bit/USDT is over 90 TED, 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. This online trading platform is browser-based, no need to download or install any additional software available for multiple trading, fast and easy deposits & withdrawals.

Deposit & Withdrawal

GTLOT offers traders a range of convenient deposit and withdrawal methods, including VISA, MasterCard, Maestro, MoneyGram, NETELLER, UnionPay, Western Union, IDEAL, WebMoney, QIWI, Wire Transfer, JCB, and Skrill.

GTLOT Pros & Cons

GTLOT Advantages Include：

1. A wide range of trading assets

2. Multiple deposits and withdrawal methods

GTLOT Disadvantages Include：

1. Not subject to any regulation

2. Non-MT4/MT5 trading platform

3. Imperfect information( accounts, leverage, spreads，and commissions) on the official website

User Reviews

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User comment

2

Comments

Write a review

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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