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SCAM | GTForex Broker – An exclusive review by Forexing24

GTForex Review

We have sufficient proofs that they do not pay their employees! As a client how could you expect that they will give you withdrawals.

Our analyst team was looking for a new broker that worth a try. And they came up with GTForex. You know why? Let’s read this GTForex Review to find out why it has been placed in our SCAM broker list.

scam-alert

GTForex has stopped paying! Stay away

GTForex Broker

GTForex is an Market Maker Forex broker providing reliable financial trading and investment services all over the world. GTForex is doing good work by providing the clients with a wide range of services and competitive trading systems. The aim of the broker is to develop and implement good trading technologies and standard service that would satisfy the needs of their traders. This broker bases its work on transparency, honesty and professionalism. Let’s begin our GTForex Review with some highlighted information about the broker:

GTForex Broker at a glance:

GTForex ReviewName: GTForex
Headquarter: UK
Founded in: 2016
Regulating Authority: FSA
US Clients Accepted:
Customer Care: +44-121-318-5528
Fax: + 44 – 207 – 628 – 3272
Support E-Mail: info@gtforex.co.uk
Website: gtforex.co.uk

Mission:

Transparency in the business and trading processes is a value that GTForex strongly adhere. The broker fully endeavor to live up to all our responsibilities in accordance to the industry regulative and ethical standards.

Vision:

GTForex Broker management team is dedicated to deliver the very best trading services results not in keeping the clients happy, but in making the clients happier. They are driven by the primary goal of providing optimum customer satisfaction anywhere, anytime.

GTForex Review

Trading Platforms: GTForex Review

GTForex Broker has world class MetaTrader 4 Platform available for trading. You get the chance to take your trading to the next level with the smooth MetaTrader 4 Platform provided by GTForex Broker.

GTForex Review

GTForex MT4 Overview

As we all know that MetaTrader is the most popular front-end application in the industry, GTForex MT4 has taken the MetaTrader MT4 platform and introduced its liquidity to create a user-friendly front-end trading interface with interbank liquidity and fast execution. The GTForex MT4 Terminal is a perfectly equipped trader’s workplace that allows trading in the financial markets (Forex, CFD and Futures).

It provides the necessary tools and resources to analyze price dynamics of financial instruments, make the trade transactions, create and use automated trading programs (Expert Advisors). It represents the all-in-one concept and is derived from the most popular trading terminal in the world.

The GTForex MT4 Terminal offers a number of impressive analytical tools. More than 30 built-in indicators and tools help simplify the analysis, enabling to determine trends, define various shapes, determine entry and exit points, etc. Besides, one object can be applied over another one, which comes in very useful in various trading systems.

Account Types: GTForex Review

GTForex offers competitive trading terms and a variety of services on 3 different types of accounts. These accounts are:

GTForex Review

GT Forex Trading Conditions:

Account TypesMicroStandardClassic
Leverage (Forex)1:200 – 1:10001:200 – 1:10001:200 – 1:1000
HedgingYESYESYES
Lot Size0.01 Lot1 Lot1 Lot
Tick Size (Forex)0.00010.000010.00001
24×5 Fast SupportYESYESYES
Mobile TradingYESYESYES
ScalpingYESYESYES
HedgingYESYESYES
Free VPSYESYESYES


Deposits and Withdrawal options in GTForex

GTForex Broker offers several convenient ways to deposit and withdraw funds. This broker accepts the usual credit/debit cards, WebMoney, wire transfer, Skrill and Neteller. GTForex Broker accepts the following payment methods:

  • Credit cards (VISA and Mastercard)
  • WebMoney
  • Skrill
  • Wire Transfer
  • Perfect money
  • Neteller

GTForex Review: Partnership Program

With GTForex Broker, you can participate on different partnership programs. Here are those:

IB Partnership

IB program is a great opportunity for agents, entrepreneurs and corporate introducers. You can participate in GTForex IB Affiliate program to develop your business by attracting clients to GTForex and earning commissions from those clients’ trading activity. Any individual or organization with contacts in the financial trading community can become a successful IB.

White Label program

White Label Partnership (WLP) program is a great solution for licensed financial institutions, such as trading corporations, banks, investments companies and other organizations having their own client’s base that would like to expand their portfolio of financial products.

Money Managers

GTForex offers a Multi Account Management (MAM) tools for the money managers. This tool will surely ease your effort in managing your client’s fund. Here are the benefits we offer you through their Multi Account Management. As a Money Manager, you can trade manually using your own profitable strategies or using any Expert Advisors to ease your work in managing your portfolio.

GTForex Review: Client Services

Multi Account Copier Service:

MAC, in short for Multi Account Copier for Investors – is a service that allows investors to profit by copying the orders of experienced traders. The MAC-Investor is the account for signal receivers. They can choose from a range of managers and select the one whose signals they want to receive and copy. When an investor connects to a manager, the manager’s orders will automatically be copied into the investor’s account. The investor pays the manager compensations for using the signals – Profit fee and Volume fee.

Multi Account Management Service:

MAM, in short for Multi Account Management for Investors – is a service that allows investors to profit without trading on their own. Manager opens a MAM-Manager account. After that manager creates a proposal for the potential Investors where terms of cooperation are defined including the amount of remuneration investors will be charged – profit fee and volume fee.

Educational programs

Take advantage of the events and gain more insight to wealth creation. Good Educations is one of GTForex Broker’s strongest advantages. The Forex Academy department of the broker consists of leading market research experts. Their training departments provide daily reviews, analytical articles, comments, news on African, European, Asian and American markets.

GTForex Education Centre

Here, at the Forex education center, the academic people of the broker is aiming to teach you in simple terms about the Forex market. From understanding the underlying reason as to why the Forex market exists to basic strategies that are the foundations of understanding the dynamics of the Forex market.

The education center is essentially a Forex resource center that will grow with time. It’s intention is to create a library of resources for the clients to access, place presentations on key topics and essentially add value by providing the tools and knowledge clients require to trade with confidence.

Seminar and Events

GTForex Events you will be well prepared to know everything you need about online trading and how you can consistently profit from market trends with winning trading systems. Here, training is provided by well experienced financial professionals. Beginners and Professional classes are available for those who want to build profession in the Forex market.

Contact & Customer Support

In terms of support service, GTForex is one of the best. Their helpful support team is always ready to help you in every possible ways.

Summary of features:

Now that we have learned about GTForex, let’s summarize all the advantages and disadvantages of the broker.

Advantages
  • A new leader in global Forex market
  • Regulated by FSA regulatory body
  • Available demo account and 4 separate live account types to meet the needs of any individuals
  • MAC and MAN Service
  • Multi-lingual Customer support staff available “24×5” via live chat, email or phone
  • Stop loss orders guaranteed, even when volatile market conditions
Disadvantages

They will never pay your withdrawal. 

Conclusion & Recommendation

There is no doubt that GTForex Broker worth a try as it one of the most beginner friendly brokers for Forex Trading. They have already earned global reputation among for trading excellence, client satisfaction and profound professionalism.

STAY AWAY FROM THEM

SCAM Broker
  • Deposit and withdrawal
  • Customer Service
  • Regulation
  • Fund Safety

Summary

SCAM GTForex Broker

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User Rating: 1.0 (1 votes)
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About the author

Syed Nazim

Syed Nazim is the Marketing Manager of RedMaroon, a Digital Marketing Agency for Financial Institutions. He is also involved with Forexing24.com as a writer and financial Analyst. He is a brilliant marketing geek with vast experience in every sector of Digital Marketing. He likes sharing strategies, tactics and proven methods to help you build a business and live the life of your dreams.

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