Score

1.44 /10
Danger

Gtradex

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.43

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Regulatory disclosure

Danger

DE BaFin
2022-05-03

Broker Information

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Company Name

Gtradex

Company Abbreviation

Gtradex

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Gtradex · Company summary

Note: Gtradex' official website: https://gtradex.net/ is currently inaccessible normally.

Gtradex Review Summary
Founded2005
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsCurrency pairs, Commodities, Global stocks and indices, Cryptocurrencies
Demo Account
LeverageUp to 1:200
SpreadFrom 0.5 pips
Trading PlatformWeb-based
Min Deposit$250
Customer SupportEmail: support@gtradex.net

Gtradex is an unregulated broker that offers various trading instruments through their web-based trading platform. However, Gtradex lacks of regulation. Besides, their official website is not accessible.

Gtradex

Pros and Cons

Pros Cons
/Unregulated
Inaccessible website
Limited contact channels
No MT4 provided

Is Gtradex Legit?

Gtradex is not a regulated broker. Besides, its website is not available. The domain gtradex.com was registered on February 4, 2005. Currently, the domain is in the following status:

clientDeleteProhibited

clientRenewProhibited

clientTransferProhibited

clientUpdateProhibited

Domain information

What Can I Trade on Gtradex?

Gtradex offers Currency pairs, Commodities, Global stocks, indices, and Cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Stocks
ETFs
Bonds
Mutual Funds

Leverage

Gtradex provides traders with a maximum leverage option of 1:200. However, high leverage implies high returns but also carries an elevated risk of substantial losses.

Trading Platform

Gtradex only offers a web-based trading platform. In none of its versions has the platform reached the industry-standard Metatrader 4, which is known for its robust automated trading capabilities.

Web-based platform

User Reviews

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User comment

1

Comments

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qpzm
more than one year
Unfortunately, I can no longer access my account and they deleted my account along with many other users. That's something unexpected. I thought it was a legit platform and a good opportunity for everyone to make good money but all were scams.
Unfortunately, I can no longer access my account and they deleted my account along with many other users. That's something unexpected. I thought it was a legit platform and a good opportunity for everyone to make good money but all were scams.
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2023-03-08 16:07
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