Wikilix
Contract reading

What GARNETTRADE legally published, but does not want you to read

Every clause below is published by GARNETTRADE itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Garnet Trade Ltd

sole discretiondeemed acceptancewithdrawalsaccount closurebonus lockhidden feemarketing contradictionmissing documentno fee scheduleprofit voiding

Garnet Trade publishes its whole site in Persian, Arabic and Russian. Its contract says it does not serve citizens of Iran. The homepage promises protection up to €20,000. Its own licences page says the body behind that fund is registered nowhere. Stop trading for a while and your withdrawal is priced at an old exchange rate. Four of the five legal documents it publishes cannot be read at all.

Back to GARNETTRADE

Contract risk

Money at risk
8.2/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
4
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
19
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
6
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
5

How the 19 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical4
Warning14
Notice1

section 24 of 24is where the deepest clause sits: the very end of the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 1 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical6In the contract. Jump to the clause this comes from.Persian and Russian sites for countries the contract bars

What the documents say

19 clauses worth knowing about, worst first, each quoted from GARNETTRADE's own files

01

Garnet Trade runs its whole website in Persian, Arabic and Russian, and invites you to open an account in each one. The contract then bars citizens of six countries, Iran among them.

Why this matters

If you are an Iranian citizen, you can read every page, deposit and trade, and still sit outside the contract you signed. Garnet Trade can point at that clause when you ask for your money back.

Exhibit 1CriticalHarder than usual6

Garnet Trade doesn’t serve citizens of certain countries, such as the Brazil, Canada, Myanmar, North Korea, Israel and the Islamic Republic of Iran.
Clause 26 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026The claim, on Persian homepage, Forex for All panelThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of garnet-trade.com, taken on Sep 14, 2026What the contract says, clause 26Visit this page on the broker's siteDownload the full size image file

Buried at section 23 of 24 in the Garnet Client Agreement View, 96% of the way through.

  • Worse together with Exhibit 18A client barred by the country clause also has to work out which of three companies to pursue, in which country.
02

Garnet Trade tells you on its homepage that your money is protected up to €20,000 per case. Its own licences page says the body behind that fund is not registered as a dispute resolution body in any country.

Why this matters

No regulator stands behind that €20,000. If Garnet Trade does not pay you, there is no statutory scheme to claim from and no supervisor to take the complaint to.

Exhibit 2CriticalHarder than usual$20000

While the Financial Commission is not regulated by or registered with as an EDR body in any jurisdiction, it operates in a way where transparency, swiftness, and education are the paramount values.
Quoted in Group Licences and Regulation
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026The claim, on English homepage, The Highest Capital Protection bannerVisit this page on the broker's siteDownload the full size image file
Our own capture of garnet-trade.com, taken on Sep 14, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

Where it sits: section 2 of 24 in the Group Licences and Regulation, near the start.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must belong to a statutory investor compensation scheme backed by the regulator, and a retail client can claim from it if the firm fails. Garnet Trade names a private membership body instead, and its own page says that body is registered nowhere.

GARNETTRADE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 7The promised fund is the only route a client is shown, and the complaints clause offers nothing beyond an email address.
03

Leave your account without trades for what the contract calls an extended period, and Garnet Trade converts your withdrawal at the rate from the day of your last trade. It sets no number of days for that.

Why this matters

You lose every currency gain your balance made while you were away. Garnet Trade decides what counts as an extended period, so you cannot tell in advance when the old rate starts to apply.

Exhibit 3CriticalRarely seen

If the Investor does not open any trades for an extended period, the exchange rate applicable on the date of the Investor’s last transaction shall be used for withdrawal requests instead of the current exchange rate.
Clause 24 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026Stop trading and your withdrawal uses an old exchange rate (clause 24)Visit this page on the broker's siteDownload the full size image file

Buried at section 22 of 24 in the Garnet Client Agreement View, 92% of the way through.

Our readingBrokers normally convert a withdrawal at the rate on the day it is paid. Pricing a payout at a rate from an unspecified earlier date lets the firm keep the difference, and the clause names no period after which it bites.

04

Garnet Trade adds credit it calls Garnet Money to your balance. You cannot withdraw it, and it comes out of your first withdrawal. If your own money can no longer support it, your account is reset to zero.

Why this matters

Accepting this credit puts your own deposit at risk. Garnet Trade publishes no promotion terms anywhere, so the clause you just read is the whole of the rules.

Exhibit 4CriticalHarder than usual

Garnet Money is an amount given to support the balance. It is not a withdrawable balance and is deducted from the account with the first withdrawal.
Clause 27 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026Garnet Money can reset your account to zero (clause 27)Visit this page on the broker's siteDownload the full size image file

Buried at section 24 of 24 in the Garnet Client Agreement View, 100% of the way through.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
First withdrawalGarnet Trade takes the credit back out of your account.27
Balance too low to support the creditGarnet Trade resets the account to zero once no trade is open.27
05

Open a trade with Garnet Trade and you cannot close it for 10 seconds. The contract sets that lock in clause 23 and gives no exception for a fast market.

Why this matters

A price can move a long way in 10 seconds. You carry that movement whether it goes your way or not, and you cannot cut the loss until the lock ends.

Exhibit 5WarningRarely seen

The opening and closing time of our traders is limited to 10 seconds. The trade opened by the trader cannot be closed for 10 seconds, after this period, the trader can close the trade if he/she wishes.
Clause 23 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026You cannot close a trade for the first 10 seconds (clause 23)Visit this page on the broker's siteDownload the full size image file

Buried at section 22 of 24 in the Garnet Client Agreement View, 92% of the way through.

Our readingA minimum holding time is normally used to stop very short term arbitrage, and firms that impose one usually void the trade or its profit afterwards. Garnet Trade blocks the exit itself, so you cannot act on a price you can see.

Charges are named in the contract and never priced

Garnet Trade publishes no fee schedule in any of its five legal documents. The contract says you may pay currency conversion charges and further e-wallet charges, then never gives a figure. It credits you the net amount it receives.

Cost disclosure1 clause flagged

Garnet Trade tells you that you may pay currency conversion charges and further e-wallet charges. It never says how much, and it publishes no fee schedule at all.

Why this matters

You cannot work out what a deposit or a withdrawal costs before you make one. Garnet Trade credits you the net amount it receives, so the shortfall shows up only after the money lands.

Exhibit 10WarningHarder than usual

When choosing an account base currency, other than the currency used in your debit or credit card, you may incur fees which are due to currency conversion or other charges; therefore, your refunded amount may vary slightly from the sum that you initially deposited in your account base currency.
Clause 1.3.3 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 6 of 24 in the Garnet Client Agreement View, near the start.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose costs and charges to a retail client before they trade, in cash terms as well as percentages. Garnet Trade names the categories of charge and gives no figure for any of them.

GARNETTRADE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Money goes in at any hour and comes out in five windows

Garnet Trade takes deposits 24/7 and accepts withdrawal requests Monday to Friday until 12 o'clock GMT+1. It approves a request only if it decides the request is appropriate, and the contract sets no test for that. Funds return only to the account that sent them.

Exit conditions2 clauses flagged

You can pay money in 24/7. You can only ask for it back Monday to Friday before 12 o'clock GMT+1, and Garnet Trade approves the request only if it decides the request is appropriate.

Why this matters

Miss the Friday deadline and your request waits for Monday. The contract gives no test for what makes a request appropriate, so that call is Garnet Trade's alone.

Exhibit 8WarningHarder than usual

You can make deposits 24/7. You can create your withdrawal requests on Mondays, Tuesdays, Wednesdays, Thursdays and Fridays until 12 o'clock in the GMT + 1 time zone. After your request is checked, if it is appropriate, it will be approved within 2 hours.
Clause 1.3.7 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026The claim, on English homepage, Garnet Private feature listVisit this page on the broker's siteDownload the full size image file
Our own capture of garnet-trade.com, taken on Sep 14, 2026What the contract says, clause 1.3.7This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

Where it sits: section 7 of 24 in the Garnet Client Agreement View, 29% of the way through.

What it costsThe contract gives you five request windows a week, each closing at 12 o'clock GMT+1. A request ready on Friday afternoon waits for Monday.

Garnet Trade returns funds only to the same bank account that sent them. If you deposited by card or e-wallet and want a bank payout, it says that happens at its discretion.

Why this matters

Returning funds to source is normal anti money laundering practice. What is not normal is leaving the alternative to the firm's discretion, with no deadline on the decision.

Exhibit 9WarningStandard wording

As already established, any withdrawal of funds from your account, can only be refunded to the same bank account that the funds were originally received from.
Quoted in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 6 of 24 in the Garnet Client Agreement View, near the start.

Two clauses let Garnet Trade decide what your balance is worth

Stop trading and Garnet Trade prices your withdrawal at the exchange rate from your last trade, not today's. The contract names no period after which this starts. If it suspends services, it closes your open positions at values it publishes itself.

Value removed1 clause flagged

If Garnet Trade suspends its services, it ends the relationship with you and closes every open position. It then sets the payout by reference to values published on its own website.

Why this matters

The company that owes you money picks the price at which your trades close. The contract names no outside benchmark and gives you no way to dispute the number.

Exhibit 16WarningHarder than usual

In the unlikely event that we may need to suspend our services, on both our proprietary and third party platforms, we will terminate our relationship with you and subsequently close all open positions at payouts fair and reasonable at the time.
Clause 11.1 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Buried at section 16 of 24 in the Garnet Client Agreement View, 67% of the way through.

Garnet Trade decides when you may trade and when you may stop

Garnet Trade locks every new trade for 10 seconds before you may close it. It can end your account immediately for any reason it considers appropriate. It can change the terms without notice, and treat a shared IP address as grounds to close accounts. Swap free status can be withdrawn at your cost.

Exit control4 clauses flagged

Garnet Trade can change any term of the agreement at any time, without telling you first. Make one transaction afterwards and you are treated as having accepted the new terms.

Why this matters

You can be bound by a clause you never saw. Re-reading the contract before every trade is the only way to know what you agreed to.

Exhibit 11WarningHarder than usual

We may, at our discretion, change any or all of the terms of this Agreement, at any time and without prior notice.
Quoted in Garnet Client Agreement View
Read from the broker's site on Open the reference

Buried at section 20 of 24 in the Garnet Client Agreement View, 83% of the way through.

  • Worse together with Exhibit 12The firm can add a ground for closing your account and then rely on it, with no notice at either step.

Garnet Trade lists grounds for ending your account immediately and without notice. The last item on that list is any other reason it considers appropriate and necessary.

Why this matters

An open ended ground makes the rest of the list decoration. Garnet Trade can close your account and your open positions without giving you a reason you can test.

Exhibit 12WarningHarder than usual

any other reason that we consider appropriate and necessary
Clause 3.2 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 10 of 24 in the Garnet Client Agreement View, 42% of the way through.

Garnet Trade treats a shared IP address, a shared location or similar trading patterns as evidence that you are trading someone else's account. It can then close the accounts involved and their open positions.

Why this matters

Two people trading from one home connection meet that test without doing anything wrong. Garnet Trade does say it normally leaves you one active account, usually the one you opened first.

Exhibit 13WarningStandard wording

Evidence of this activity includes (i) accounts operating from the same location, (ii) using/indicating the same IP address, (iii) multiple accounts displaying the same deposit and withdrawal patterns, or (iv) accounts showing similar or identical trading patterns.
Clause 4.10 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 12 of 24 in the Garnet Client Agreement View, 50% of the way through.

  • Worse together with Exhibit 12A shared connection supplies the evidence, and the open ended termination ground supplies the authority to act on it without notice.

Garnet Trade can refuse your request for an Islamic swap free account, and can take the status away later. If it suspects you of abusing it, it can close your open positions and reopen them at the market price then.

Why this matters

You pay the cost of that switch, including any change in the spread, the gap between the buy and sell price. The contract promises prior notice but never says how much.

Exhibit 14WarningHarder than usual

The Company reserves the right to refuse to accept the request of a customer to designate their account as an Islamic Account.
Clause 1.5.1 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 8 of 24 in the Garnet Client Agreement View, 33% of the way through.

One email address is the whole complaints procedure

Garnet Trade's complaints clause is two sentences: email us, and see the website. No deadline binds its reply and no independent body is named. The complaints form it publishes carries no readable text.

Complaint route1 clause flagged

Garnet Trade's complaints clause tells you to send an email and check the website. You get no deadline for a reply, no escalation route and no independent body to go to.

Why this matters

Nothing in the contract makes Garnet Trade answer you, or answer within any time. The complaints form it publishes carries no readable text, so the email address is the only route you can actually read.

Exhibit 7WarningHarder than usual

If you have a complaint, please communicate it to us via email. Please visit our website for more details.
Quoted in Garnet Client Agreement View
Read from the broker's site on Open the reference

Buried at section 20 of 24 in the Garnet Client Agreement View, 83% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must acknowledge a complaint within a set time, give a final answer within a set time, and tell the client about an independent ombudsman. This contract sets no time for either step and names no outside body.

GARNETTRADE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The governing law clause settles no law and no court

Garnet Trade heads a clause Governing Law, then sends disputes to your personal client manager. No country's law is named in the agreement and no court is named either. Its documents give three company names in three countries.

Forum1 clause flagged

Garnet Trade heads clause 22 Governing Law, then uses it to say disputes go to your personal client manager. No country's law and no court appear anywhere in the agreement.

Why this matters

You cannot tell which court would hear a claim against Garnet Trade, or whose law would decide it. Its own documents give three company names across three countries.

Exhibit 6WarningRarely seen

It is within our intentions to resolve any matter of concern or dispute with our clients in an amicable manner.
Clause 22.1 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Buried at section 21 of 24 in the Garnet Client Agreement View, 88% of the way through.

Our readingAlmost every client agreement names a governing law and a forum, because both sides need to know where a claim is heard. Here the heading promises that and the clause delivers an internal escalation instead.

  • Worse together with Exhibit 7With no court named and no independent complaints body, a client who is refused has nowhere the contract points them to.

Deposits come back with losses and bonuses taken off

Garnet Trade asks for identity and address documents after you open the account. If it closes the account and returns your deposits, it removes credits and bonuses and deducts losses first. You consent to that sequence by accepting the terms.

Verification1 clause flagged

Garnet Trade asks for identity and address documents after you open an account. If it closes the account and sends your deposits back, it strips any credits and bonuses and deducts your losses first.

Why this matters

You agreed to that sequence in advance by accepting the terms. The contract sets out the steps for taking money off the returned amount, not for telling you what was taken.

Exhibit 17WarningStandard wording

(g) Any losses will be deducted from the return funds (deposits)
Quoted in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 4 of 24 in the Garnet Client Agreement View, near the start.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Account closedGarnet Trade removes any credits and bonuses from the trading account.(e)
Deposits returnedGarnet Trade deducts your losses from the money it sends back.(g)
Consent taken in advanceAccepting the terms counts as your explicit consent to the whole procedure.(h)

You accept an execution policy Garnet Trade does not publish

Garnet Trade's contract has you confirm you have read its Order of Execution Policy. That document is not among the five files on its legal documents page. No conflict of interest policy is published either, so nothing says whether Garnet Trade trades against you.

Execution rules1 clause flagged

Signing the agreement means you accept that you have read Garnet Trade's Order of Execution Policy. That document is not on the legal documents page, which lists five files and does not include it.

Why this matters

You agree to how your orders are handled without being able to read the rules. Garnet Trade publishes no conflict of interest policy either, so nothing tells you whether it trades against you.

Exhibit 15WarningHarder than usual

By entering into this Client Agreement, you acknowledge that you have read and understood the “Order of Execution Policy” document
Clause 1.8 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 9 of 24 in the Garnet Client Agreement View, 38% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA or CySEC must publish an order execution policy and give retail clients information about it before they trade. Garnet Trade takes your acknowledgement that you read one and does not publish it.

GARNETTRADE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Three company names, and the licensed one is not yours

Garnet Trade's contract names Garnet Trade Ltd under a Mwali licence as your counterparty. Its licences page credits the Australian licence to Garnet Finance Pty Ltd, a different company. The footer registers Garnet Trade for tax in North Macedonia.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Counterparty2 clauses flagged

The agreement says you contract with Garnet Trade Ltd, licensed in Mwali. The licences page credits the Australian licence to Garnet Finance Pty Ltd, and the footer registers Garnet Trade for tax in North Macedonia.

Why this matters

The Australian licence you were shown belongs to a company that is not party to your contract. A claim against Garnet Trade Ltd does not reach it.

Exhibit 18WarningHarder than usual

References to the term the ‘Company’ throughout this agreement relates to ‘Garnet Trade Ltd’.
Clause 2.1 in Garnet Client Agreement View
Read from the broker's site on Open the reference
Our own capture of garnet-trade.com, taken on Sep 14, 2026The claim, on Persian homepage, licences panelVisit this page on the broker's siteDownload the full size image file
Our own capture of garnet-trade.com, taken on Sep 14, 2026What the contract says, clause 25Visit this page on the broker's siteDownload the full size image file

Where it sits: section 1 of 24 in the Garnet Client Agreement View, near the start.

Set against a regulated standard: FCA (UK), ASIC (Australia)

Firms licensed by the FCA or ASIC must make clear which legal entity a retail client contracts with and which licence covers that entity. This contract names Garnet Trade Ltd under a Mwali licence, while the licences page names a different company for the Australian one.

GARNETTRADE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The contract runs seasonal promotions, defines Garnet Money and points you to an order execution policy. Garnet Trade publishes no promotion terms, no payment terms and no execution policy.

Why this matters

The rules for the credit you accept and the money you move sit in documents you cannot read. Four of the five files it does publish carry no readable text.

Exhibit 19NoticeHarder than usual

The Company runs certain seasonal promotions related to its products, from time to time.
Clause 2.1 in Garnet Client Agreement View
Read from the broker's site on Open the reference

Where it sits: section 9 of 24 in the Garnet Client Agreement View, 38% of the way through.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

Garnet Trade sells trading in Persian while its English contract bars citizens of Iran.

Said in public, in Persian

با پلتفرم های کاربر پسند ، مشاور سرمایه گذاری حرفه ای و تیم پشتیبانی آنلاین 24 ساعته معامله در فارکس آسان است

Word for word in English: With user friendly platforms, a professional investment advisor and a 24 hour online support team, trading forex is easy.

Persian homepage, Forex for All panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

In the contract · clause 26

Garnet Trade doesn’t serve citizens of certain countries, such as the Brazil, Canada, Myanmar, North Korea, Israel and the Islamic Republic of Iran.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

02

The homepage sells a €20,000 protection fund that the licences page says no jurisdiction registers.

Said in public, in English

Garnet Trade is an approved member of The Financial Commission, and our clients' money is protected. The financial commission protects by commission's compensation fund for up to €20,000 per case.

English homepage, The Highest Capital Protection banner

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

In the contract

While the Financial Commission is not regulated by or registered with as an EDR body in any jurisdiction, it operates in a way where transparency, swiftness, and education are the paramount values.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

03

The Persian site claims an Australian licence while the contract names a Mwali licence held by a different company.

Said in public, in Persian

ما دارای مجوز ASIC هستیم که به عنوان قابل اعتمادترین مقررات در جهان شناخته می‌شود.

Word for word in English: We hold an ASIC licence, which is known as the most reliable regulation in the world.

Persian homepage, licences panel

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

In the contract · clause 25

Garnet Trade is licensed and regulated by the Mwali International Services Authority under the name GARNET TRADE LTD with license number T2023429.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

04

The website and the contract give different lists: Brazil and Canada appear only in the contract, the United States and Russia only on the site.

Said in public, in English

Garnet Trade does not provide services to residents or citizens of Israel, the United States of America, the Islamic Republic of Iran, Russia, Myanmar, or North Korea.

English homepage footer risk warning

In the contract · clause 26

Garnet Trade doesn’t serve citizens of certain countries, such as the Brazil, Canada, Myanmar, North Korea, Israel and the Islamic Republic of Iran.

05

Deposits are advertised and accepted at any hour, while withdrawal requests are confined to five weekday mornings.

Said in public, in English

Fast and secure deposit and withdrawal

English homepage, Garnet Private feature list

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

In the contract · clause 1.3.7

You can make deposits 24/7. You can create your withdrawal requests on Mondays, Tuesdays, Wednesdays, Thursdays and Fridays until 12 o'clock in the GMT + 1 time zone.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of garnet-trade.com

The documents this reading is based on

6 files, all published by GARNETTRADE. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording GARNETTRADE publishes.

How this reading was done

Every clause above was read out of a document GARNETTRADE publishes itself

This reading was published on .

Documents
2 of 6downloaded from the broker's site, and 2 read in full
Pages opened
23pages walked to find those documents, footer links included
Older copies
4earlier versions downloaded, 4 identical to the copy we hold by fingerprint
Marketing pages
4public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
19clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Garnet Trade Ltd

The client agreement says the Company means Garnet Trade Ltd, and that this entity holds a Mwali International Services Authority licence numbered T2023429. The site footer registers Garnet Trade for tax in North Macedonia at a Skopje address. The licences page credits the Australian licence to Garnet Finance Pty Ltd, which the agreement never mentions. A retail client contracts with Garnet Trade Ltd, so the Australian company is not on the other side of that contract.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Garnet Trade charges no inactivity or dormancy fee anywhere in its contract. Inactive MT5 accounts are archived, and clause 1.6.2 lets you reactivate at any time at no charge or penalty. Clause 1.3.7 promises approval within 2 hours once a withdrawal request is checked. That is a faster stated clock than most brokers publish. The multiple account rule carries real carve outs. More than one account is allowed in different currencies or classifications. The licences page also states plainly that the Financial Commission is registered as a dispute resolution body nowhere. Printing that under a homepage promising protection is candid.

Four of the five legal documents Garnet Trade publishes carry no readable text. Those are the cookies policy, the complaints form, the money laundering prevention policy and the privacy policy. We did not read them, and we quote nothing from them. Every clause quoted here comes from the Garnet Client Agreement. Its numbering restarts partway through, so the numbers 1, 2 and 3 each appear twice. Some sentences are also broken across its two columns. Where a number could not be matched to its text with confidence, we cite the heading and leave the number out. The marketing claims come from pages we opened in English, Persian, Russian and Arabic. No earlier copy of the client agreement exists to compare against.

How to check any of this yourself

Every quote above links to the GARNETTRADE file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document GARNETTRADE publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge GARNETTRADE on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 14, 2026.

If you represent GARNETTRADE and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on GARNETTRADE. Whether its licence is real and current is a separate check on the broker profile.

Back to the GARNETTRADE profile