Global GT Broker Reviews and Full Information

What is Global GT?

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.


Global GT Pros & Cons

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.

Global GT Website

10 Points Summary

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 is safe?

Global GT isn't a fraud. It licensed FSCA brokers, who are considered to be lower-risk Forex brokers, according to regulations.

Global-GT is it legal?

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.

What can you do to be protected?

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.

Global GT Fund Security

Leverage

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.

  • Forex instruments can be leveraged up to 1:00

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.

 

Accounts

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.

 

Trade Instruments

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.

 

Fees

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

 

Spreads

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

Additional fees

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.

Global GT Fees

Deposits and withdrawals

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.

Deposit Options

There are many payment options available, including

  • Visa and Mastercard Credit Cards
  • Cryptocurrency – BTC, ETH USDT, XRP
  • StickPay Wallet – e-money transfer service
  • Swiffy - Instant Bank Transfers
  • Skrill - E-money Transfer Service
  • Neteller - E-money Transfer Service
  • Bank Transfer

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

Withdrawal

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.

What is the average time it takes to withdraw money from Global GT?

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 Payment Methods

Trade Platforms

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.

Web Trading

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  

Desktop trading platform

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.

Take a look and feel

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.

Mobile Trading Platform

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.

 

Customer Support

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. 

Education

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.

Research

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.

 

Conclusion

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.

Summary
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,,
Overview
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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