摘要:GTM is a Hong Kong-based brokerage firm offering a range of financial services. While it provides access to various market instruments including forex, precious metals, energies, and indices, potential investors should exercise caution due to its regulatory status as a "Suspicious Clone" of the FCA.
Note: GTM's official site - https://www.gtmmarket.com/en/index.html is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
GTM Review Summary | |
Registered Country/Region | Hong Kong |
Regulation | FCA (Suspicious Clone) |
Market Instruments | Forex, precious metals, energies, indices |
Leverage | Up to 1:400 |
EUR/USD Spreads | Minimum 0.0 pip |
Minimum Deposit | $100 |
Trading Platforms | MT4 |
Customer Support | Phone, email |
GTM is a Hong Kong-based brokerage firm offering a range of financial services. While it provides access to various market instruments including forex, precious metals, energies, and indices, potential investors should exercise caution due to its regulatory status as a “Suspicious Clone” of the FCA. GTM offers competitive trading conditions with leverage of up to 1:400 and tight spreads on popular pairs like EUR/USD, making it an option for traders seeking cost-effective trading. The minimum deposit requirement is $100, and the platform of choice is the widely used MT4. Investors can contact GTM's customer support via phone and email for assistance and inquiries. However, given the regulatory concerns, thorough due diligence is advised before considering this broker for your trading needs.
Pros | Cons |
• Competitive Leverage | • Suspicious regulation by FCA |
• Access to Various Market Instruments | • Lack of transparency |
• Tight spreads |
Pros:
• Competitive Leverage: GTM offers high leverage, allowing traders to potentially amplify their positions, which can be attractive for those seeking higher returns. However, it also increases the risk of significant losses, so traders should use it cautiously.
• Access to Various Market Instruments: GTM provides access to a variety of market instruments, including forex, precious metals, energies, and indices. This diversity allows traders to explore different trading opportunities.
• Tight spreads: The broker provides tight spreads on a popular currency pair, EUR/USD, which can result in lower trading costs for traders focusing on this pair. Tight spreads can enhance profitability.
• Suspicious regulation by FCA: Doubts surrounding a platform's regulatory status can be concerning. Proper regulation guarantees that the broker adheres to lawful and ethical standards, safeguarding traders from potential malpractices.
• Lack of transparency: The suspicious regulatory status, along with limited information available about the broker, contributes to a lack of transparency. Investors may find it challenging to assess the broker's credibility and trustworthiness.
GTM is regulated by the Financial Conduct Authority (FCA) in United Kingdom. However, the license is labeled as a suspicious clone.
As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Forex (Foreign Exchange): GTM offers trading opportunities in the forex market, allowing traders to speculate on the price movements of various currency pairs. Forex trading is popular for its high liquidity and potential for profit in both rising and falling markets.
Precious Metals: Traders using GTM can invest in precious metals like gold and silver. These assets are often seen as safe havens during times of economic uncertainty and can provide diversification in a trading portfolio.
Energies: GTM provides access to energy commodities such as crude oil and natural gas. These commodities are influenced by factors like global supply and demand, geopolitical events, and weather patterns, making them appealing to traders looking for volatility.
Indices: GTM allows traders to speculate on the performance of stock market indices from around the world. Trading indices provides exposure to a basket of stocks, offering diversification and opportunities to profit from overall market trends.
Each of these market instruments offers unique trading opportunities, and GTM's platform facilitates access to these assets, giving traders the flexibility to create a diversified portfolio based on their strategies and preferences.
GTM Market offers two distinct account types to cater to the varying needs of traders. Both account types provide access to a wide range of financial products and the complete suite of trading platforms offered by GTM Market.
Standard Account:
Minimum Deposit: $100
Product Offering: Over 70 financial instruments, including FX, Precious Metals, Energies, and Indices.
EUR/USD Spread: As low as 1.5 pips
Maximum Leverage: 1:400
Minimum Trading Lots: 0.01 lots
Margin Call: 100%
ECN Account:
Minimum Deposit: $2,000
Product Offering: Over 70 financial instruments, including FX, Precious Metals, Energies, and Indices.
EUR/USD Spread: As low as 0.0 pips
Maximum Leverage: 1:100
Minimum Trading Lots: 0.01 lots
Commission: $6 per lot traded
Margin Call: 100%
These account options offer traders flexibility in choosing their trading conditions, including spreads, leverage, and commission structures, allowing them to tailor their trading experience according to their specific preferences and strategies.
GTM provides its traders with the popular MT4 (MetaTrader 4) trading platform, widely recognized for its exceptional stability and versatility. MT4 is celebrated for its capacity to facilitate automated trading through the use of Expert Advisors (EAs), allowing traders to automate their trading strategies and execute trades with precision and efficiency. Moreover, the platform boasts a comprehensive suite of charting and analysis tools, equipping traders with the resources needed to conduct in-depth technical analysis and make well-informed trading decisions. With its user-friendly interface and powerful features, MT4 is an invaluable tool for traders, offering a seamless and effective trading experience on the GTM platform.
GTM Market provides traders with a variety of convenient deposit and withdrawal options to facilitate seamless transactions. These options include widely recognized payment methods such as VISA, Union Pay, MasterCard, Skrill, and bank transfers. Additionally, the availability of Poli and wire transfers further enhances the flexibility and accessibility of financial transactions, ensuring that traders can easily fund their accounts and withdraw their profits with ease. This diverse range of payment options caters to the preferences and requirements of traders, making the deposit and withdrawal process efficient and hassle-free.
Users should note that while GTM ensures flexibility in deposits, withdrawal of funds might be subject to commissions from the payment system. These commissions can change without prior notice as determined by the respective payment systems.
On our website, you can see reports of scams and being unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customers can visit their office or get in touch with customer service lines using the information provided below:
Telephone: 00852-81932551
Email: cs@gtmmarket.com
In conclusion, GTM Market, based in Hong Kong, offers traders a comprehensive trading experience in the financial markets. With a range of market instruments spanning forex, precious metals, energies, and indices, traders have ample opportunities to diversify their portfolios. The leverage of up to 1:400, tight spreads, and a minimum deposit of $100 make trading accessible to both novice and experienced traders. The brokerage's use of the popular MT4 trading platform further adds to its appeal, providing a user-friendly interface and robust tools for analysis. While the FCA regulation adds credibility, potential investors should exercise caution due to its clone status. Investors should exercise with caution.
Q 1: | Is GTM regulated? |
A 1: | Yes. It is regulated by FCA, but it is labeled as a suspicious clone. |
Q 2: | What is the minimum deposit amount required by GTM? |
A 2: | $100 for standard account. |
Q 3: | Can I still trade on GTM? |
A 3: | Currently their website is out of service. Investors are advised to wait until their service is back on. |
Q 4: | Can I trade commodies in Togo? |
A 4: | No. |
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. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.