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Contract reading

What GT MARKETS legally published, but does not want you to read

Every clause below is published by GT MARKETS 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: Pure M Global LTD

sole discretiondeemed acceptancemarketing mismatchwithdrawalscomplaint deadlinehidden feeno compensation schemeprofit voidingarbitrationautomated trading

Pure Market Broker markets in seven languages and contracts in one. The Client Agreement is English only, and clause 8.4 makes understanding it your problem. Clause 6.8 lets the firm pledge your segregated money to secure its own credit lines, under an About page promising maximum protection. The FAQ says automated trading is unrestricted, while clause 11.7 turns it into a breach that can cost you the balance.

Back to GT MARKETS

Contract risk

Money at risk
7.4/10

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.
7
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
16
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
9
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
6

How the 16 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.

Critical7
Warning8
Notice1

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.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical7In the contract. Jump to the clause this comes from.Sold in seven languages, contracted in oneCritical20%Profit at risk. Jump to the clause this comes from.PAMM high-water mark resets every yearCritical10 working daysDocument deadline. Jump to the clause this comes from.Funds frozen indefinitely with no duty to explain$5Fee you were not shown. Jump to the clause this comes from.A five dollar daily charge for trading too little

What the documents say

16 clauses worth knowing about, worst first, each quoted from GT MARKETS's own files

01

You can read this site in seven languages, including Arabic, Thai and Khmer. The contract comes in English only. Clause 8.4 then makes understanding that English your responsibility alone.

Why this matters

If an Arabic page sold you the account, you agreed to 62,000 words you may never have been able to read. Pure Market Broker need not explain one clause in your language unless it agrees in writing first.

Exhibit 1CriticalHarder than usual7

8.4 Language: All communications from the Company to the Client shall be provided in English, unless the Client has requested communications in another language and the Company has agreed in writing. The Client shall be solely responsible for understanding English-language communications.
Clause 8.4 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026The claim, on Arabic About page, What Sets Us Apart sectionThis 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
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must make communications to a retail client fair, clear and not misleading, and must give terms in a language the client can follow. This contract puts that burden on you.

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

  • Worse together with Exhibit 14An English contract you may not read sends every dispute to arbitration in Vanuatu, held in English, with costs split down the middle.
02

Clause 6.8 lets Pure Market Broker pledge or hypothecate your money to secure its own credit lines with outside providers, and you authorise it on opening the account. The About page calls the same setup maximum protection.

Why this matters

Your deposit can stand as security for the firm's borrowing while you trade. Clause 6.4 adds that the money has no deposit insurance in Vanuatu and can face claims from the firm's own creditors.

Exhibit 2CriticalRarely seen

6.8 Pledging and Liens: (a) the Company may pledge or hypothecate Client funds to secure credit lines or liquidity arrangements with third-party providers; (b) such arrangements are necessary to provide trading liquidity; (c) the Client hereby authorizes such pledging;
Clause 6.8 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026The claim, on About page, Regulated & Licensed panelVisit this page on the broker's siteDownload the full size image file
Our own capture of puremarketbroker.com, taken on Aug 30, 2026What the contract says, clause 6.8Visit this page on the broker's siteDownload the full size image file
Our own capture of puremarketbroker.com, taken on Aug 30, 2026The claim, on Site-wide footer beneath the legal documentsVisit this page on the broker's siteDownload the full size image file
Our own capture of puremarketbroker.com, taken on Aug 30, 2026What the contract says, clause 6.4Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must hold retail client money on trust and cannot use it as collateral for the firm's own obligations. This contract asks you to authorise that.

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

Our readingPledging a retail client's segregated money as collateral for the firm's own borrowing is a wholesale market device. In a retail agreement it means the money you can see in your account is already promised to somebody else.

  • Worse together with Exhibit 6Money that can be pledged away sits behind a warning that you may still owe the firm more than you deposited.
03

The FAQ says scalping and Expert Advisors carry no restrictions and that you have full freedom to use automated systems. Clause 11.7 has you warrant the opposite: that you are not running bots without the firm's authorisation.

Why this matters

Breaking that warranty is an event of default under clause 10.1. Clause 10.3 then lets Pure Market Broker close your positions, freeze the account and keep all the funds in it, with no notice and no liability.

Exhibit 3CriticalHarder than usual

11.7 Trading Purpose: (a) the Client intends to use the Platform solely for legitimate investment and trading purposes; (b) the Client is not using the Platform for market manipulation, fraud, or other prohibited purposes; (c) the Client is not using automated trading systems or bots without Company authorization;
Clause 11.7 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026What the contract says, clause 11.7Visit this page on the broker's siteDownload the full size image file
Our own capture of puremarketbroker.com, taken on Aug 30, 2026Automated trading advertised freely, restricted in the contract (clause 11.7)Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 5An unapproved trading robot becomes an event of default, and default is what switches on the firm's power to take the balance.
04

A high-water mark stops a manager charging you twice for the same profit. Clause 5.3 resets yours annually, then claims in the next line that it protects you from double charging. Performance fees run at 20% to 30%.

Why this matters

Lose money in one year and the reset wipes the record of it. Climbing back to where you started counts as fresh profit, and the manager takes a cut of your own recovery.

Exhibit 4CriticalRarely seen20%

5.3 High-Water Mark: (a) Performance fees calculated only on profits above previous peak; (b) If account reaches new high, performance fee applies; (c) If account below previous high, no performance fee; (d) High-water mark resets annually; (e) High-water mark protects investors from fee double-charging.
Clause 5.3 in PAMM Terms Conditions
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026PAMM high-water mark resets every year (clause 5.3)Visit this page on the broker's siteDownload the full size image file

What it costsA $10,000 investment falls to $8,000 in its first year and pays no performance fee. The mark resets, the account climbs back to $10,000, and a 20% fee takes about $400 from a recovery that left you level.

Our readingA high-water mark exists to carry a loss forward until the investor is whole again. Resetting it on a calendar pays the manager for recovering losses they made, which is the one outcome the mechanism is designed to prevent.

05

Clause 4.1 gives Pure Market Broker an absolute right to take money from your account at any time without telling you first, including for debts owed to its affiliates. Notice follows within 5 business days, and clause 4.7 gives you 10 business days to object, even about a maths error.

Why this matters

You can log in to a smaller balance with no warning and no explanation yet. Miss the 10 day window and you have agreed the figure is right, however it was worked out.

Exhibit 5CriticalRarely seen10 working days

4.1 The Company shall have the absolute right, at any time and without prior notice to the Client, to set off and net any and all amounts owed by the Client to the Company against any amounts owed or held by the Company for the Client's benefit, whether such amounts are held in the Client's trading account or any other account maintained with the Company or its affiliates.
Clause 4.1 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026Money taken first, told afterwards, arithmetic unchallengeable (clause 4.1)Visit this page on the broker's siteDownload the full size image file

Our readingSet-off rights are ordinary in a broking contract. A clause barring the client from challenging the sum on any grounds, naming mathematical errors specifically, is not. It turns an arithmetic mistake into a binding debt once the clock runs out.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Set-off appliedPure Market Broker takes the money, at any time, with no advance notice.4.1
Within 5 business daysThe firm tells you afterwards, and late notice does not undo it.4.6
10 business days to objectYou must object in writing with evidence, including for a mathematical error.4.7
06

There is no negative balance protection here. The Risk Disclosure says twice that losses can pass your deposit and leave you owing Pure Market Broker money. Leverage runs to 1:200, and PAMM investors carry the same exposure through somebody else's trading.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

A gap in the market can take your account below zero and turn you into a debtor of the firm. In 2020 this same brand advertised negative balance protection on its pages. It does not now.

Exhibit 6CriticalHarder than usual200

3.6 Losses Exceed Deposit: Due to leverage, trading losses can exceed the client's initial deposit. Clients may owe the Company money after liquidation.
Clause 3.6 in Risk Disclosure
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026You can end up owing the broker money (clause 3.6)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia), ESMA (EU)

Firms licensed by the FCA, CySEC and ASIC, and firms under the ESMA rules, must give retail CFD clients negative balance protection so a retail client cannot lose more than the money in the account. This contract states the opposite outcome.

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

Ten business days to answer, and no limit on how long a freeze lasts

Clause 9.4 gives you 10 business days to produce documents before Pure Market Broker can suspend the account or freeze withdrawals. The AML Policy freezes funds pending resolution with no outer limit, and says clients are not told an investigation is running. The Privacy Policy now shares your trading patterns with introducing brokers and business partners.

Checks and freezes2 clauses flagged

Miss a document request by 10 business days and clause 9.4 lets Pure Market Broker suspend your account, freeze withdrawals or close it. The AML Policy freezes funds pending resolution, sets no outer limit, and says clients are not told an investigation is running.

Why this matters

Your money can sit frozen for as long as the firm takes to finish, and clause 5.7 has you waive any claim for losses caused by the delay. Nobody has to tell you why.

Exhibit 7CriticalHarder than usual10 working days

9.4 Documentation Requests: (a) the Company may request documentation for verification or compliance purposes; (b) such documentation must be provided within 10 business days of the request; (c) failure to provide requested documentation may result in: (i) account suspension; (ii) withdrawal freezes; (iii) trading restrictions; (iv) account termination.
Clause 9.4 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026Funds frozen indefinitely with no duty to explain (clause 9.4)Visit this page on the broker's siteDownload the full size image file

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Document requestPure Market Broker asks for identity or source of funds papers.9.4
10 business daysMiss it and the firm can suspend the account, freeze withdrawals or terminate.9.4
Pending resolutionFunds stay frozen until the firm resolves it, with no deadline stated.3.8
  • Worse together with Exhibit 10A freeze with no deadline sits on top of a withdrawal clause that already lets the firm cancel a pending payout.

The Privacy Policy records your trading patterns and strategy, then clause 4.4 shares data with affiliates, introducing brokers, joint venture partners and other contracted firms. The 2023 version sent data to non-affiliates only when authorities asked.

Why this matters

The person who referred you can receive information about how you trade. You are not asked to agree separately, and clause 1.5 says using the platform after an update counts as acceptance.

Exhibit 15WarningHarder than usualNew

4.4 Business Partners and Affiliates: Limited data sharing with: (a) Affiliate organizations and business partners; (b) IB (Introducing Broker) partners; (c) Strategic business partners; (d) Joint venture partners; (e) Other entities with contractual relationships.
Clause 4.4 in Privacy Policy
Read from the broker's site on Open the reference

A five dollar daily charge that the pricing page never mentions

Clause 4.3 of the Terms of Business charges $5 a day whenever your trading falls below a threshold Pure Market Broker never publishes. The Accounts page sets out spreads, commission and execution speed, and leaves this charge out entirely. On the $100 minimum account, the fee can outrun the deposit inside a month.

Cost disclosure1 clause flagged

Trade below a daily volume threshold and clause 4.3 charges you a minimum commission of $5 a day. The threshold is never stated, in that clause or anywhere else. The Accounts page, where the costs are set out, does not mention this charge.

Why this matters

You cannot work out whether this applies to you, because the number that triggers it is not published. On the $100 minimum account, a quiet month of trading can cost more than the deposit.

Exhibit 8WarningHarder than usual$5

4.3 Minimum Commission: Minimum commission of $5 USD per day applied if daily trading volume below minimum threshold.
Clause 4.3 in Terms of Business
Read from the broker's site on Open the reference

What it costsAt $5 a day across 21 trading days, the charge reaches $105 in a month. The MT4 Standard account opens at $100.

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

Firms licensed by the FCA and CySEC must disclose costs and charges to a retail client before that client trades. This charge sits in a separate document from the pricing page, and the volume that triggers it is not given.

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

Every payout runs on the broker's clock and the broker's chosen rail

Clause 5.4 gives Pure Market Broker up to 10 business days to process a withdrawal, and clause 5.5 lets it cancel one already queued if market conditions change. Money must leave by the route it arrived, so a crypto deposit means a crypto exit. PAMM capital needs 10 business days notice and 5 more to process.

Exit conditions2 clauses flagged

Clause 5.4 gives Pure Market Broker 5 to 10 business days to process a withdrawal, which is up to two working weeks. Clause 5.5 lets the firm cap how much you take out, and cancel a payout already in the queue if market conditions or your account status change.

Why this matters

A request you made can be pulled from the queue without you doing anything wrong. The FAQ describes how to ask for a payout and gives no timeframe at all.

Exhibit 10WarningHarder than usual10 working days

5.5 Withdrawal Restrictions: (a) the Company reserves the right to limit withdrawal amounts; (b) the Client may not withdraw more than the net equity in the Client's account after accounting for open positions and margin requirements; (c) if the Client has open positions, the Company may require that positions be closed before processing withdrawals; (d) pending withdrawals may be cancelled by the Company if market conditions or account status change.
Clause 5.5 in Client Agreement
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must pay a retail client's money out promptly once requested, and cannot revoke a payout because market conditions moved. This clause reserves that power.

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

Money must leave by the same route it arrived, under clause 5.4 and the FAQ. The contract lists cards and e-wallets among the ways in. The FAQ says Pure Market Broker takes bank transfers and cryptocurrency only.

Why this matters

Pay in with crypto and you take your money out in crypto, at whatever the rate is that day. If you read the contract and expected a card refund route, it is not on offer.

Exhibit 11WarningStandard wording

5.1 All deposits and withdrawals must be made through the payment methods authorized by the Company and displayed on the Platform. The Company currently accepts the following payment methods: (a) bank wire transfers (international and domestic); (b) credit and debit cards (Visa, Mastercard, American Express); (c) e-wallet services (PayPal, Skrill, Neteller, and others as specified); (d) cryptocurrency transfers where applicable;
Clause 5.1 in Client Agreement
Read from the broker's site on Open the reference
Our own capture of puremarketbroker.com, taken on Aug 30, 2026What the contract says, clause 5.1Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 10One exit route, chosen by the firm, on a clock the firm can restart by cancelling the request.

The deadline for complaining depends on which document you read

The Client Agreement gives you 10 business days to escalate a complaint, the Terms of Business gives 30 days, and the PAMM Investor Agreement gives 30. Pure Market Broker does not say which governs. Clause 1.5 also folds a Complaints Handling Procedure into your contract that appears nowhere on the site, and clause 1.6 has you confirm you read it.

Complaint routes2 clauses flagged

The Client Agreement gives you 10 business days to escalate a complaint. The Terms of Business gives 30 days. The PAMM Investor Agreement gives 30 days too. No document says which one wins.

Why this matters

Follow the Terms of Business and you can be weeks late under the Client Agreement, which is the document governing your account. The shortest clock is the one that gets quoted back at you.

Exhibit 12WarningHarder than usual10 working days

7.4 Escalation and Internal Review: If the Client is not satisfied with the Company's response: (a) the Client may request escalation to senior management within 10 business days of receiving the response; (b) the Company shall review the escalation and provide a final response within 10 business days;
Clause 7.4 in Client Agreement
Read from the broker's site on Open the reference

Clause 1.5 folds a Complaints Handling Procedure and a Platform User Guide into your contract. Clause 1.6 then has you acknowledge you read every referenced document in full. Neither appears on the legal page, the footer or anywhere else on the site.

Why this matters

The rules for making a complaint bind you and you cannot see them. You have already confirmed in writing that you read them.

Exhibit 13WarningHarder than usual

1.5 The Client acknowledges that this Agreement incorporates by reference the following documents, which are integral parts hereof: (a) Risk Disclosure Statement; (b) Terms of Business; (c) Privacy Policy; (d) Anti-Money Laundering (AML) Policy; (e) Complaints Handling Procedure; (f) Platform User Guide; (g) any amendments or supplements thereto published on the Company's website or delivered to the Client electronically.
Clause 1.5 in Client Agreement
Read from the broker's site on Open the reference

Disputes go to Port Vila and you pay half the arbitrator

Clause 12.4 sends every dispute to arbitration in Port Vila, Vanuatu, and clause 12.7 splits the arbitrator's fees equally. Clause 12.2 has you waive any objection that Vanuatu is inconvenient. Clause 12.3 keeps the firm free to sue you in your own country, so the restriction runs one way only.

Where you sue1 clause flagged

Every dispute goes to arbitration in Port Vila under clause 12.4, and clause 12.7 splits the arbitrator's fees equally between you and the firm. Clause 12.2 has you waive any objection that Vanuatu is inconvenient.

Why this matters

Chasing a small balance means paying half an arbitrator to hear it, on the other side of the world. Clause 12.3 lets Pure Market Broker sue you in your own country, while you are held to Vanuatu.

Exhibit 14WarningHarder than usual

12.2 Exclusive Jurisdiction: (a) the Client irrevocably submits to the exclusive jurisdiction of the courts of the Republic of Vanuatu for resolution of all disputes arising from this Agreement; (b) the Client waives any objection to the jurisdiction of Vanuatu courts, including objections based on inconvenience or lack of contacts;
Clause 12.2 in Client Agreement
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK)

Firms licensed by the FCA must give retail clients access to an independent ombudsman free of charge. There is no free scheme here, and the only route named beyond the firm is the Vanuatu regulator.

GT MARKETS is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Ten dollars a month once the account sits still for a year

Clause 4.7 of the Terms of Business charges $10 a month after 12 consecutive months without trading. The 12 month runway is longer than most brokers allow, which is worth saying. What the clause does not say is whether the charge stops when the balance empties, or whether Pure Market Broker warns you first.

Dormant accounts1 clause flagged

Leave the account alone for 12 consecutive months and clause 4.7 starts charging you $10 a month. The clause does not say the charge stops when the balance runs out, and it does not promise you a warning first.

Why this matters

A small balance you meant to come back to can be eaten by the fee alone. Nothing in the contract requires Pure Market Broker to email you before it starts.

Exhibit 9WarningStandard wording$10

4.7 Inactive Account Fee: Accounts inactive for 12 consecutive months may be subject to monthly fees of $10 USD to cover administrative costs.
Clause 4.7 in Terms of Business
Read from the broker's site on Open the reference

What it costsAn account untouched for two years pays the fee through the second year, which is $120.

Two offshore licences, no compensation scheme, and losses that can pass your deposit

Your contract is with Pure M Global LTD in Vanuatu, with Pure Markets Africa in the Comoros Union brought in by clause 1.8. Neither licence carries an investor compensation fund, and clause 6.4 says the segregated money has no deposit insurance. The Risk Disclosure states twice that losses can exceed your deposit and leave you owing the firm. In 2020 these pages advertised FCA regulation, FSCS cover and negative balance protection.

Who holds your money1 clause flagged

You contract with Pure M Global LTD in Vanuatu under clause 1.1. Clause 1.8 brings in Pure Markets Africa, licensed in the Comoros Union, whose services fall under the same agreement. No document in the set names GT Markets, the brand on our record.

Why this matters

Neither licence carries an investor compensation scheme, and clause 6.4 says your segregated money has no deposit insurance. If the firm fails, there is no fund standing behind your balance.

Exhibit 16NoticeStandard wording

1.1 Pure M Global LTD, a company registered in the Republic of Vanuatu under registration number 14801, with its registered office at Pot 805/103 Rue D'Auvergne, PO BOX 535, Port Vila, Vanuatu, and regulated by the Financial Services Commission of Vanuatu (VFSC License No. 14801), (hereinafter referred to as the "Company") offers investment services in financial derivatives trading to natural persons and legal entities (hereinafter collectively referred to as "Clients").
Clause 1.1 in Client Agreement
Read from the broker's site on Open the reference

Where the marketing and the contract disagree

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

01

The pitch is made in Arabic while the contract stays in English and hands you the risk of misreading it.

Said in public, in Arabic

وسيط مرخص ومنظم

Word for word in English: A licensed and regulated broker

Arabic homepage banner above the Not Your Ordinary Broker headline

In the contract · clause 8.4

8.4 Language: All communications from the Company to the Client shall be provided in English, unless the Client has requested communications in another language and the Company has agreed in writing. The Client shall be solely responsible for understanding English-language communications.

02

Arabic readers are promised maximum protection by a contract that tells English readers the money is uninsured.

Said in public, in Arabic

مُنظم بشكل مزدوج من قبل Vanuatu VFSC (الترخيص #14801) و Comoros Union MISA للحماية القصوى.

Word for word in English: Dual-regulated by Vanuatu VFSC (License #14801) and Comoros Union MISA for maximum protection.

Arabic About page, What Sets Us Apart section

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

In the contract · clause 6.4

6.4 Risks: The Client acknowledges that: (a) segregated funds are not covered by deposit insurance in Vanuatu;

03

Maximum protection sits over a clause letting the firm pledge the protected money to its own lenders.

Said in public, in English

Dual-regulated under Vanuatu VFSC (License #14801) and Comoros Union MISA (License #T2023313) for maximum protection.

About page, Regulated & Licensed panel

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

In the contract · clause 6.8

6.8 Pledging and Liens: (a) the Company may pledge or hypothecate Client funds to secure credit lines or liquidity arrangements with third-party providers;

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

04

The footer presents segregation as the safeguard while the contract admits creditors can reach the same money.

Said in public, in English

We segregate our clients funds from our own funds by using dedicated clients money accounts which are clearly stated in our reports and financial statements.

Site-wide footer beneath the legal documents

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

In the contract · clause 6.4

(c) Client funds may be subject to claims by the Company's creditors in certain circumstances;

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

05

The FAQ promises unrestricted robot trading, the contract makes running one without permission a breach.

Said in public, in English

No, we allow scalping and Expert Advisors (EAs) without restrictions. You have full freedom to trade using automated systems.

FAQ, Trading Conditions, answer on scalping and EA trading

In the contract · clause 11.7

(c) the Client is not using automated trading systems or bots without Company authorization;

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

06

The contract lists cards and e-wallets as ways in, the FAQ offers only two rails, and your exit is locked to whichever you used.

Said in public, in English

We accept bank transfers and cryptocurrency deposits.

FAQ, Funding Methods, answer on accepted payment methods

In the contract · clause 5.1

(b) credit and debit cards (Visa, Mastercard, American Express); (c) e-wallet services (PayPal, Skrill, Neteller, and others as specified);

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

What changed quietly

First reading of this broker, so there is nothing to compare it against.

  • REMOVEDClause · 2020-03-17 to no version stated

    The FCA entity, the FSCS cover and the negative balance protection all advertised in 2020 are gone from the current pages.

  • REWRITTENClause · 2023-09-28 to no version stated

    Data that once left the firm only on an authority's request now flows to partners and introducing brokers as routine.

    4.4 Business Partners and Affiliates: Limited data sharing with: (a) Affiliate organizations and business partners; (b) IB (Introducing Broker) partners; (c) Strategic business partners; (d) Joint venture partners; (e) Other entities with contractual relationships.

  • REWRITTENClause · 2020-03-17 to no version stated

    On the same page that once promised negative balance protection, the firm now states you can end up owing it money.

    3.6 Losses Exceed Deposit: Due to leverage, trading losses can exceed the client's initial deposit. Clients may owe the Company money after liquidation.

The documents this reading is based on

9 files, all published by GT MARKETS. 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 GT MARKETS publishes.

How this reading was done

Every clause above was read out of a document GT MARKETS publishes itself

This reading was published on .

Documents
9 of 9downloaded from the broker's site, and 9 read in full
Pages opened
70pages walked to find those documents, footer links included
Older copies
3earlier versions downloaded
Marketing pages
3public pages set against what the contract says
Languages
AR vs ENthe language it advertises in, against the language it contracts in

Who the contract is with

Pure M Global LTD

Your contract is with Pure M Global LTD, registered in Vanuatu under number 14801. Clause 1.1 of the Client Agreement names it and no other company. A second firm, Pure Markets Africa, appears in clause 1.8 and in the site footer as the service provider for the VERTEX FX platform, licensed in the Comoros Union. No document in this set names GT Markets, the brand on our own record, and gt-markets.com asked for a login on every path. Clause 6.4 says segregated funds carry no deposit insurance in Vanuatu, and no compensation scheme is named anywhere in the set.

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

Pure Market Broker publishes more than most offshore firms. Nine legal documents sit on the site, free to read, none behind a login. The Risk Disclosure runs to nine sections and ninety numbered risks, and it is the rare one naming behavioural risks like revenge trading. The Privacy Policy grants access, correction, deletion and portability rights, promises breach notice within 72 hours and names its encryption standards. Clause 2.5 of the Client Agreement commits in writing that the firm does not take the opposite side of your trades. The Terms of Business charge no deposit fee and no withdrawal fee, and the dormancy fee starts only after 12 months, later than the industry norm.

The nine legal documents on this site show their text only after the page loads. The stored copies held the site menu and nothing else. We read all nine on Pure Market Broker's own pages at puremarketbroker.com, and every quotation comes from there. Because the stored copies carry no clause text, we could not measure how deep in each document a clause sits, so this report gives no burial depth. Three older copies exist, from 2020 and 2023. Two are page furniture rather than clause text, so the version comparison covers the licensing wording and the privacy wording only. We did not check the Khmer, Afrikaans, Portuguese, Spanish or Thai marketing pages. We did not read gt-markets.com, the address on our own record for this brand, because every path there asked for a login.

How to check any of this yourself

Every quote above links to the GT MARKETS 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 GT MARKETS 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 GT MARKETS 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 Aug 30, 2026.

If you represent GT MARKETS 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 GT MARKETS. Whether its licence is real and current is a separate check on the broker profile.

Back to the GT MARKETS profile