New offers
Sponsored forex broker offer
Sponsored forex broker offer
  1. Home
  2. Broker Reviews
  3. GTForex
GTForex logo

GTForex review

GTForex review: regulation (FSA, License Number: 50/LLC/2015), minimum deposit 5, leverage up to 1:1000, platforms and current bonuses.

4of 5
Open account
Minimum deposit5
Max. leverage1:1000
Spread from0.0 Pips
Founded2016

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.

Compare with similar brokers

Full ranking
GTForex – YesOpen account