Global-GT is a brand new to the market that was established in 2020. However, it is part of the well-known GT Group that operates in South East Asia with brands FXGt or CryptoGT.
Global-GT is a new brand that focuses on international and world proposals. It also has an expansion strategy through an existing operation in South Africa. South Africa is now a rising trend in Forex industry. More brokers are opening their entities here due to the availability of high leverage, good regulation and a great route to global expansion.
Global-GT is also a First Regulated Hybrid Broker. It offers STP Execution via NDD and provides the tools necessary to trade.
Opening a Global GT account is simple and easy. There are many Cryptocurrency trading options and funding options, including Bitcoin.
However, research and education tools are very limited.
Headquarters | South Africa |
Regulation and license | FSCA, FSA |
Platforms | MT5, WebTrader |
Instruments | Forex pairs, Cryptocurrencies and Commodities, Stocks, Commodities, Indices, etc. |
Spread EUR/USD | 1.9 pip |
Demo Account | Unlimitable |
Minimum deposit | 5$ |
Base currencies | 4 CRYPTO & FIN 3 FIAT USD, EUR, BTC and ETH |
Education | No advanced education or trading tools |
Customer Support | 24/7 |
Global GT isn't a fraud. It licensed FSCA brokers, who are considered to be lower-risk Forex brokers, according to regulations.
Global GT legit information We checked through the official website of the broker where it mentions its licenses, regulation by South Africa's FSCA and registration with the Seychelles FSA.
You should verify the conditions and check out broker claims on the official regulatory site, FSCA. Global-GT is licensed and regulated, so you can rest assured that it follows international safety standards and transparency.
Despite the fact that. Although the Seychelles regulations are not very extensive and may not be the best, we still consider the broker to be trustworthy due to the GT.IO's good track record and South Africa's additional regulation.
Brokers take serious steps to ensure their Fund Security. These include a Capital Adequacy Ratio of above 40%. Transactions with Tier 1 Banking are processed under strict Risk Management and Regulatory Supervision.
Another popular feature of Forex trading is leverage. It allows you to increase your initial balance and allow you to trade larger amounts. Global-GT allows you to leverage your trading activities. South African traders have access to highleveraging ratios.
However, leverage can work in either direction. This means that you could lose or gain more than your trading account balance. Learn how to properly use leverage. Because of regulatory restrictions, the leverage ratios may differ depending on which instrument you trade.
The broker has 4 LIVE accounts available: ECN, Standard, Mini and Standard. The account can also be opened in several currencies, including Cryptos, to allow easy money transfers and avoid conversion fees.
Your Personal Account Area will allow you to open an account and access trading, money management, transfers, fee reports, and all other services.
There are many Market instruments available. This offers a wide range of options. It includes 48 Forex pairs and 13 Cryptocurrencies. 5 Commodities, 53 stocks, and 8 Indices . You will eventually find good conditions for trading these instruments, except that Global-GT doesn't offer trading in Futures and Options.
Global-GT offers a floating spread and variable spread basis. Spread is subject to market conditions. We also check funding fees, inactivity fees, to provide a complete pricing picture.
Fees | Global GT Fees | GO Markets Fees | XM Fees |
---|---|---|---|
Deposit Fee | No | No | No |
Withdrawal Fee | No | No | No |
Inactivity Fee | Yes | Yes | Yes |
Ranking of fees | Low | Average | High |
Global-GT Review found that spreads are competitive and provide a great solution for trading different instruments, including Stocks. Stocks trading was also offered with leverage and spreads up to 1:100 and an average spread of 3 points for UK100 Stock.
Swap fees are charged if you hold overnight positions that have a specific fee. This is unless you ask to trade through Swap Free, which is also available. Like metals swaps will be added once per day, at midnight. Cryptocurrency swaps will be charged every four hours.
Global-GT offers traders with larger trading volumes or partners the opportunity to trade tailored solutions.
Asset/ Pair | Global GT Spread | Spread GO Markets | Spread XM |
---|---|---|---|
EUR USD Spread | 1.6 pip | 1.2 pips | 1.6 pip |
Crude Oil WTI Spread | 3 | 1.9 pip | 5 |
Spread the Gold | 0.30$ | 1.4 pips | 35 |
Spread BTC USD | 2.50 $ | 0.75% | 60 |
You should also note that there is an inactivity fee of 10$ per calendar month for accounts that are inactive. Good news is that withdrawal and deposit fees are waived. This may vary depending on where you're registered. Read more about deposits in the Global-GT Review.
You can deposit to your live trading account in many convenient ways. The payments will be free of any additional processing fees. A further progressive feature of Global-GT is its first Hybrid regulated Forex Broker allows traders to deposit, trade and withdraw in both Fiat or Crypto.
There are many payment options available, including
Minimum deposit
Another pleasant thing to mention is the minimum deposit. Global-GT only requires 5$ to start, which allows beginners and larger traders to trade. You should always verify the trading conditions of any instrument you intend to trade. This will ensure that you are able to manage your money well and cover your margins.
Global GT Minimum Deposit vs Other Brokers
Global GT | All Other Brokers | |
Minimum Deposit | $5 | $500 |
Global GT Withdrawal options are similar to deposits such as bank wire, card or e-wallets. However, it is a good idea to contact the customer service regarding specific terms and conditions for your region and residency.
The process of withdrawing money is simple as it all happens online. Global-GT typically processes withdrawals within 2-5 business days for bank transfer and 3 hours for other procedures.
Global GT chose as its trading platform the popular MetaTrader, and its updated MT5 packed with all features and add-ons for trading. There are no restrictions on trading strategies.
WebTrader, a Web-based platform that is easy to use and does not require installation, is also an option. This option may be sufficient for beginners and regular traders to perform basic analysis, trade management and trading.
Pros | Cons |
---|---|
Mainstay on MT5 & WebTrader | None |
Many tools included in the package, including EAs, scalping, and allowed hedging | |
Technical Indicators | |
There are no restrictions on the strategies | |
Available in different languages |
If you have sophisticated strategies and use certain tools, the Desktop platform is for you. Global-GT also included powerful features in its MT5 platform, including Market Sentiment and other tools.
The desktop versions can be used with any software, and offer advanced options for analysis, technical analysis, and many other features.
MT5 is well-known for its clear view and design. It is also easy to use and add features. Moreover, there are tons of guides available if you're just starting to use MT5.
Another trend is mobile trading. This app allows you to trade from anywhere, even your smartphone. App does not offer all the features of a trading platform, but you can make basic analysis and take control of your positions. You can also manage your account.
The Broker's team is available 24/7 to support international traders. They can be reached via Online Chat, Email, Ticket or via Email in English.
Global-GT Review: We found their service responsive and professional. This is essential for a fruitful collaboration with the broker and resolution of any ongoing issues.
Unfortunately, the last point in education is not a part of Global-GT's proposal. The broker hasn't created an education center with webinars and videos. However, it could be temporary as it is a new broker. The platform includes many great trading tools so you don't have to lose out on any great features.
The MT5 platform also includes great tools for research. Additionally, the broker supports traders with market sentiment, trading insights, and economic calendar, along with other amazing tools.
Global-GT is a broker that has a solid record and can sustain its mother-company trading company. Global-GT was able to obtain the necessary South African regulations that allowed it to expand its offering legally and trusted. Global-GT provides great Cryptocurrency trading options, as well as the ability to withdraw and deposit in Bitcoin and other Cryptos.
Properties | Values |
---|---|
Name
|
Global GT |
Minimum Diposit
|
$ 5$ |
Leverage
|
1:1000 |
Regulation
|
FSA(SC) (Seychelles),FSCA (South Africa),, |
Headquarters
|
South Africa |
Established
|
2020 |
Address
|
Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles |
Platform
|
MT5,MT5 WebTerminal,, |
Payment Method
|
Visa,Mastercard,Skrill,Neteller,Bitcoin,, |
Properties | Values |
---|---|
Spreads
|
1.9 |
Min Position size
|
0.01 |
Broker Type
|
STP (Straight Through Processing),ECN (electronic communications networks),NDD (Non Dealing Desk),, |
Account Type
|
Cent account,Mini account,Islamic account,Standard,, |
Brokers by Country
|
UK Forex Brokers,, |
Techniques
|
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,Copy Trading Brokers,, |
Instruments
|
Forex Trading Brokers,Gold Trading Brokers,Crypto Trading Brokers,Oil Trading Brokers,Commodity Forex Brokers,, |
Account currency
|
USD,EUR,GBP,AUD,JPY,XAG,XAU,BTC,,USD, |
Tools
|
Charting Software,Pip Calculator,Margin Calculator,Profit Calculator,, |
Website Languages
|
en,, |
Support languages
|
en,, |
Bonus
|
Yes |
Reviews Rating
|
4.1 |
Withdrawal Fee
|
No |
Trading Signals
|
Yes |
Free Education
|
No Advanced education, Trading Tools |
Daily News
|
Yes |
Demo account
|
Unlimited |
Swapsr
|
Yes |
Pors
|
1. Mainstay on MT5 and WebTrader 2. Numerous tools in package including with allowed hedging, 3. scalping and EAs 4. Technical Indicators 5. No restrictions on strategies 6. Available in various languages |
Cors
|
1. None |
Display Analysis
|
Yes |
Serving country
|
SC,ZA,, |
Not Serving country
|
US,, |
Contests
|
Yes |
Market analysis
|
Yes |
Copy Trading Brokers
|
Yes |
Bitcoin Forex Brokers
|
Yes |
Social trading
|
Yes |
Web trading
|
Yes |
Forex pairs
|
Yes |
CFDs
|
Yes |
Crypto
|
Yes |
Hedging
|
Yes |
PAMM
|
MAMM,Copy,Myfxbook Auto trade,Mql5 signals,, |
Mobile Trading
|
Yes |
Scalping
|
Yes |
Automated Trading
|
Yes |
Partnership Programs
|
Yes |
Free Phone
|
+27 87 232 5490 |
Customer Support
|
24/7 |
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