Gt.IO Broker Reviews and Full Information

What exactly is GT.IO?

GT.IO is a brokerage who recently entered the market of trading and began operations in 2020. It is part of a popular GT Group which is situated in South East Asia and works effectively alongside its companies FXGt as well as CryptoGT.

Ten Points Summary

Is GT.IO legitimate or just a scam?

The first thing you should be aware of when considering or making a decision to work with a broker is ensuring the authenticity of the broker and its licenses, and the regulatory requirements. Any broker that is legally regulated are able to trade with and invested in because they are secure and safe However, on the other hand we recommend be vigilant and watchful of offshore brokers.

Is GT.IO legitimate?

GT.IO even though it is a relatively newcomer to the world of trading, has proven to be a legitimate broker, as can be seen from its credentials on its official site that clearly state that its license and regulation is provided via the FSCA in South Africa and registration by the Seychelles FSA.

How can you be protected?

The funds of investors are protected by GT.IO since it offers complete protection for its clients and their investments, by ensuring that all precautions necessary are taken. It is also a good idea to make sure to double-check the security measures it has in place. It does this by offering these services:

• Segregated accounts
• Tier 1 banks
• Protection of the negative balance
• Risk management
• Reserves and capital
• Security
• Regulation
• Leverage

The leverage offered by GT.IO is very high when compared with other brokers. However, it is important to be aware when making a trade with any broker that the greater the leverage higher, the greater the risk. Therefore, the leverage offered by GT.IO is 1:500.

Accounts

When you open your account, you'll receive assistance with services such as trading money and managing it, and also the transfer of funds. All relevant information that is provided to your account.

Types of accounts

There is one primary account provided by GT.IO which is their standard account. For those who want to start on their platform, they start by offering an account demo on a trial basis. In addition, they provide several currencies to open an account, including Cryptos that are thought of as the primary currency and allows for transfers of money easily without the need for any fee for conversion, which comprises USD, EUR, BTC, XRP, ETH, ZAR, USTD. ZAR.

Fees

To avoid the expense of trading with its single and exclusive account, GT.IO provides spread which is either floating or based on a variable spread , where the spread is based on the current market's position

What We Found on Forex charges

The fees for Forex, CFD fees for commodities, indices as and other instruments are basically the similar. After learning about GT.IO its spread, we came to be aware of the extent to which it's competitive and as a result it is a superior option for trading many instruments that includes stocks as well. In the same way, trading stocks can be done with leverage and spread of around 1:100. The spread on UK100 stocks is 3 points on average.

Comparison of GT.IO fees and other similar brokers

Trading Instruments

GT.IO has a variety of trading instruments they offer the following: 48 forex pairs including 13 Cryptocurrencies as well as 5 Commodities as well as 53 Stocks as well as 8 different Indices. In time you'll be able to observe the market position of these instruments when it comes to trading also. The only aspect that GT.IO has a problem is that they don't support options and futures trading.

Withdrawals and Deposits

There are a variety of simple methods of depositing your funds into your live trading account with the convenience of having no processing charges in addition. Furthermore there is another feature that is, since it is the first Hybrid licensed Forex Broker It lets clients trading, withdrawals, and deposits in Fiat as well as Crypto.

Option to Deposit

• GT.IO provides the following options to make payment
• Credit Cards Visa, Mastercard, Visa Visa, Mastercard
• The Cryptocurrency Market – BTC, ETH, USDT and Exchange Rates XRP
• StickPay Wallet Transfer of money electronically service
• Swiffy - Instant Bank Transfers
• Skrill - an electronic money transfer service
• Neteller is an e-money transfer service.
• Bank Transfer

Which is the minimum Deposit required for GT.IO?

It is one of the greatest advantages of GT.IO that is that by having just one account, which is the normal account, one is able to open an account for as little as a deposit of $5. No matter if you are a beginner or an experienced trader the minimum deposit amount is identical and they also have other options that include USD 5 and EUR 5 and BTC 0.0001 and XRP 25. Ether 0.05 and USTD 25.

Withdrawals

Like the process for depositing, the process to withdraw money is the identical. However, it is strongly advised that you review the terms of the customer service and the specific terms for your area and residence.

Pay Money Step By Step

It's quite simple for traders to withdraw his funds since all managing of the money is carried out via the account's online. In general, it takes between three hours and one to two business days to transfer money from a bank and the withdrawal process through GT.IO however, it allows you take additional time to explore other methods and payment providers.

Trading platform

The most renowned and reliable trading platform that is utilized by GT.IO is MT5.

Web Trading Platform

Through the GT.IO site, traders has easy access to the trader on the web without downloading or installing the right software designed for this purpose . And by using a modern web browser, one is able to use it with different devices and operating systems.

Desktop Platform

If traders are more inclined to use automated trading strategies through the help of certain tools, he ought to opt to the desktop platform since it has some amazing features within MetaTrader 5 which gives a the ability to perform better as well as Market Sentiment and other tools.

Mobile Platform

With Mobile trading platform, traders can trade anyplace and anytime using his mobile phone . However, certain features aren't available, but nonetheless, it's a great way to use the basic features

Customer Care

Another benefit is the availability of customer support via email, phone, chats on the internet, along with 24 hour help.

Education

Because they are brand new brokers, they don't have an extensive section devoted to education, such as an education center that includes webinars, videos or seminars. However, they do have some fantastic tools that are described on the platform to ensure that traders don't be deprived of any great features.

Conclusion

Our evaluation concludes that GT.IO is an investment-worthy company to put your money into. They are regulated well that has a lower cost and quick response from their clients. Customers also appreciate the benefits offered by MT5 trading platforms, which let them trade a wider range of financial instruments, which helps attune new investors and meet the needs of existing ones.