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/10

GT MARKETS

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Contact

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Pot 805/103 Rue D’Auvergne, Po BOX 535 – Port Vila, Vanuatu

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
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Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
GT Markets Broker
Email
support@gt-markets.com
Company Website
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Address
Pot 805/103 Rue D’Auvergne, Po BOX 535 – Port Vila, Vanuatu
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • gt-markets.com
    35.197.205.151
    Server Location
    United Kingdom United Kingdom
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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    Company
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Company Profile

Company Profile

Review summary

GT MarketsReview Summary
Founded2020-11-09
Registered Country/RegionVanuatu
RegulationSuspicious Clone
Market InstrumentsForex, Metals, Shares, Indices, Commodities, and Digital Assets
Demo Account
Leverage1:400
SpreadFrom 0.2 pips
Trading PlatformMT4 and MT5 (iOS and Android)
Min Deposit$100
Customer Support /

GT Markets Information

GT Markets is registered in Vanuatu. Vanuatu GT Markets is a platform that provides a variety of financial trading services. Its products cover foreign exchange, metals, stocks, indices, commodities, and digital assets. Its trading plans are divided into Basic (minimum deposit of $100), Premium (minimum deposit of $1000), and VIP (minimum deposit of $5000), each with different advantages. The platform offers MetaTrader 4 and MetaTrader 5 trading software. In addition, there are investment programs such as Introducing Broker (IB) and PAMM account. Traders have given positive reviews, stating that it is stable, reliable, and the deposit and withdrawal processes are fast.

GT Markets

Pros and Cons

Pros Cons
Various trading instrumentsSuspicious Clone
MT4 and MT5 availableRisks of digital assets
PAMM account availableComplex fee structure

Is GT Markets Legit?

The operation of GT Markets appears to have a certain degree of transparency, as it provides clear details of its services and trading conditions. However, the Vanuatu Financial Services Commission (VFSC) regulates GT Markets, and it is accompanied by a Suspicious Clone status. Due to the lack of clear information about the regulatory authorities overseeing its operations, there remains a certain level of uncertainty regarding its full legitimacy. It is recommended that traders choose well-known brokers regulated by formal regulatory authorities, such as XM and IG.

Suspicious Clone
Suspicious Clone

What Can I Trade on GT Markets?

GT Markets offers the world's mainstream trading instruments: foreign exchange, precious metals such as gold and silver, contracts for difference (CFDs) of stocks of more than 100 global leading companies, major stock indices such as the S&P 500, opportunities to trade major commodities like crude oil, natural gas and agricultural products, as well as digital assets such as cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Metals
Indices
CFD Shares
Digital Assets
ETFs
Bonds
Mutual Funds
instruments

Account Type

GT Markets offers three types of accounts with different trading conditions: the Basic account, the Premium account, and the VIP account. The VIP account is suitable for traders who pursue extremely low costs, the Premium account balances costs and services, and the Basic account is suitable for novice investors. In addition to this, GT Markets also provides PAMM accounts to meet the trading needs of different investors.

Comparison DimensionBasic AccountPremium AccountVIP Account
Minimum Deposit$100$1000$5000
Trading StrategyAll strategies allowedAll strategies allowedAll strategies allowed
Trading PlatformMT4MT4/MT5MT4/MT5
SpreadStarting from 1.4 pipsStarting from 0.3 pipsStarting from 0.2 pips
CommissionNone$6 (round-trip)$4.5 (round-trip)
Leverage1:4001:4001:400
Trading Products100+250+ (MT5)250+ (MT5)
Additional Services-Free PAMM accountFree PAMM account

GT Markets Fees

The fee structure of GT Markets varies depending on the account type: The Basic account adopts a floating spread (starting from 1.4 pips) with no additional commission; for the Premium account, the spread starts from 0.3 pips, and the round-trip commission is $6; the VIP account offers a raw spread (starting from 0.2 pips), with a round-trip commission of $4.5. The spreads may change with market fluctuations.

Leverage

Leverage varies depending on the asset class and account type. Overall, it can go up to 400:1 for Forex trading in some account types. For shares, the maximum leverage is 10:1, and for digital assets, it is up to 5:1.

Trading Platform

GT Markets offers MetaTrader 4 and MetaTrader 5. MetaTrader 4 is a widely popular platform due to its technical analysis tools, advanced charting functions, and support for Expert Advisors (EAs). MetaTrader 5 features faster execution speeds, a greater number of trading tools, and more powerful charting capabilities.

Trading PlatformSupported Available Devices Suitable for
Meta Trader 4-Beginners
Meta Trader 5-Experienced traders
platform

Deposit and Withdrawal

The minimum deposit for GT Markets is $100. However, the website does not provide detailed information about the available payment methods, processing times, and potential fees.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can GT MARKETS be considered a credible broker?

GT MARKETS operates without verified, active licenses from major global financial regulators. According to WikiFX data, its only claimed regulatory association is a single license listed as 'Unverified' with the Vanuatu Financial Services Commission (VFSC), an offshore jurisdiction. This status is reflected in its WikiFX SkyEye Score of 1.51 out of 10. The broker reports registration in the United Kingdom but is not authorized by the UK's Financial Conduct Authority (FCA). While it offers trading features like 1:400 leverage, 0.01 minimum trade sizes, and supports scalping and Expert Advisors, the regulatory profile is a key element for traders to assess.

In a week
United States

What is the current regulatory status of GT MARKETS?

GT MARKETS operates without any verified, active licenses from major global financial regulators. The only regulatory association on record is a license with the Vanuatu Financial Services Commission (VFSC), which WikiFX data lists with an 'Unverified' status. This means there is no independent confirmation that the broker holds a valid, in-good-standing license even under this offshore jurisdiction. Consequently, GT MARKETS lacks the authoritative oversight and investor protection mechanisms that are standard with brokers regulated in jurisdictions like the UK, EU, or Australia.

In a week
United States

Where is GT MARKETS registered?

GT MARKETS reports its corporate registration in the United Kingdom. However, registration is distinct from financial regulation. Despite being registered in the UK, the broker is not authorized or regulated by the UK's Financial Conduct Authority (FCA), which is the primary financial regulatory body in that country. This means the entity falls outside the FCA's stringent rules on client fund segregation, capital adequacy, and dispute resolution that are mandatory for regulated UK brokers.

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Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

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United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

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How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

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How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

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