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GTForex review
GTForex review: regulation (FSA, License Number: 50/LLC/2015), minimum deposit 5, leverage up to 1:1000, platforms and current bonuses.
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 5
- Maximum leverage
- 1:1000
- Minimum spread
- 0.0 Pips
- Platforms
- MetaTrader 4
- Account currencies
- USD/EUR & More
Bonuses
- No deposit bonus
- Yes
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- No
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- No
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Credit/debit cards, Wire transfer, Neteller, Skrill
- Withdrawal methods
- Credit/debit cards, Wire transfer, Neteller, Skrill
Company
- Regulation
- FSA, License Number: 50/LLC/2015
- Founded
- 2016
- Country
- United Kingdom
- Address
- Suite 100, Beachmont Business Centre, Kingstown.
- Website languages
- English
- Phone
- +44-121-318-5528
- Email or Skype
- [email protected]
GTForex pros and cons
Pros
- Regulated by FSA, License Number: 50/LLC/2015
- Low minimum deposit: 5
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Free demo account
- Trading platforms: MetaTrader 4
Cons
- Leverage up to 1:1000 magnifies losses as well as profits
- No Islamic (swap-free) account
- Conditions and bonuses can differ by regulated entity
GTForex FAQ
Is GTForex a safe and regulated broker?
GTForex was founded in 2016 and is regulated by FSA, License Number: 50/LLC/2015. Your protection depends on which GTForex entity opens your account.
What is the minimum deposit at GTForex?
The minimum deposit at GTForex is 5. Payment providers may set their own minimum amount.
What is the maximum leverage at GTForex?
GTForex offers leverage up to 1:1000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does GTForex offer a no deposit bonus?
Yes. GTForex offers a no deposit bonus. Bonus terms change often, so confirm them on the broker's website.
Which trading platforms does GTForex offer?
GTForex supports MetaTrader 4. Mobile trading is available.
Does GTForex allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does GTForex offer an Islamic (swap-free) account?
No. GTForex does not list a swap-free Islamic account.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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