GTFMarkets Overview
GTFMarkets is a well-established participant in the global Forex market. The company is headquartered on the island of Saint Lucia. It is important to note that individuals from Canada, the United States, and Australia are not eligible to utilize the broker’s services. GTFMarkets does not operate physical offices and does not have a presence in Russia. The company does not possess licenses for brokerage activities.
Trading Offerings
GTFMarkets provides traders with a diverse selection of 7 asset categories. Within the Forex market, traders can access over 75 currency pairs with leverage up to 1:1000. Additionally, trading in securities is available, encompassing over 1500 shares from leading global companies. The broker’s initial commission stands at 0.7%. Traders can engage in trading over 40 cryptocurrencies with leverage up to 1:20. Furthermore, the broker supports trading in 12 indices with customizable leverage, as well as ETFs from major American, European, and Asian exchanges with a commission starting at 0.7%.
Trading Terms and Account Types at GTFMarkets
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Pro-Cent – an entry-level account tailored for novice traders with a minimum deposit of $10, a floating spread starting from 1.6 points, and leverage up to 1:1000.
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Pro-Classic – an account suitable for both beginners and experienced traders with a minimum deposit of $100, a floating spread starting from 1.6 points, and leverage up to 1:500.
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Pro-ECN – an account offering direct access to interbank trading, requiring a minimum deposit of $300, a floating spread starting from 1.4 points, and leverage up to 1:500.
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PRIME-ECN – a premium account providing direct access to interbank trading, necessitating a minimum deposit of $5000, a floating spread starting from 0.1 points, and leverage up to 1:100.
GTFMarkets Trading Platforms
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Trading activities are conducted on the Metaquotes and MetaTrader 5 platforms, offering a comprehensive array of tools for analysis and implementation of trading strategies.
Account Deposit and Withdrawal
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There are over 12 methods available for funding accounts without incurring commission fees, including bank cards, bank transfers, “Yandex.Money,” and various payment systems.
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The broker assures instant processing of withdrawal and deposit requests. The minimum withdrawal amount is not specified.
Registration and Accessing GTFMarkets Personal Account
To register, individuals are required to complete a form, consent to the terms, and submit copies of identification documents. Subsequently, users can log in to the company’s personal account.
Final Thoughts
It is advisable to thoroughly review the trading conditions offered by GTFMarkets and seek guidance from an expert before commencing trading activities.
This review has been prepared by the specialists at ExpertsReview.
