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GTCM

Regulated
Cyprus
,
Since 2011
Last Updated:
52/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
30
Account Types
BasicECNPremium+3 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Card

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
1 days
Fee:
Free
Fee:
Free

E-Wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 53%, 2: License 60%, 3: Software 0%, 4: Spread 0%, 5: Account Type 42%, 6: Symbol 0%
Regulation
53%Fair
License
60%Fair
Software
0%Poor
Spread
0%Poor
Account Type
42%Poor
Symbol
0%Poor

Company Information

Full Name:GTCM
Founded:2011
Headquarters:Cyprus
Enterprise Offices:N/A

Customer Support

Phone:
+357 22 300 500
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction - Overview

GTCM is one of many brokers competing within the confines of the broker world and therefore has created GTCM to develop and provide a unique solution for their clients' needs through tailored solutions and better service delivery.

This article examines all areas about GTCM including the background of GTCM, key aspects about GTCM such as regulatory position, trading conditions, and type of fees and ultimately GTCM user experience. Therefore, even if you have already decided to use GTCM for trading or are just wanting to learn more about GTCM you will find this overview very valuable.

Background & History

GTCM (www.gtcm.com) is an internationally registered trademark of Depaho Ltd (Registered office address: Episkopou Damaskinou 3, 1st Floor, Limassol, 4174, Cyprus) and licensed by CySEC regulations and holds License Number 161/11, FSCA (Financial Services Conduct Authority) Number 47709 in South Africa, and has also opened a Branch in Spain with Registration Number 123, CNMV (national security market authority Spain).

Key Features Table - Offerings

GTCM offers many unique Trading Services to meet a variety of trading styles and expertise. Although product detail is still limited, their offerings generally include access to global forex markets, commodities, global indices and possibly (but not stated) trading on Contracts for Difference (CFDs) as well.

In addition, GTCM strives to deliver an innovative and user-friendly experience by providing the latest technology as well as traders with access to a variety of trading platforms with advanced features, and tools that support analysing the market and executing trades. Their offerings allow both short-term and long-term investors to take full advantage of their current and future trading activities through GTCM.While there isn't a comprehensive publicly available list of supported instruments, GTCM probably supports most major currency pairs including Gold and Oil, as well as Global Major Indices; this variety will provide the ability for the client to create a diversified portfolio and take advantage of many different market conditions.

GTCM will likely offer access to highly respected trading platforms including MetaTrader4 (MT4) and MetaTrader5 (MT5). These platforms are user-friendly, offer advanced charting features, support for automated trading and the ability to trade via mobile devices, which enhances the trading experience overall.

Regulatory requirements are an important consideration prior to selecting a broker, and where regulatory authorities exist, it serves as a safeguard for traders in addition to ensuring that brokers adhere to certain standards. For GTCM there is very little information available with respect to regulatory authority licences or the jurisdictions in which they operate.

As such, potential clients should perform appropriate due diligence to verify that GTCM meets their requirements before engaging with this brokerage. It is critical that a broker operating without established regulatory authority transparency and regulatory compliance develop sufficient trust prior to having clients engage with them.

Trading Conditions and Platform Technology - When assessing a broker's legitimacy, understanding trading conditions is one of the most crucial factors. GTCM's trading conditions appear to provide competitive trading opportunities as well as accessible trading opportunities; however, precise details regarding GTCM's trading conditions are somewhat limited.Brokers such as GTCM typically offer leverage options, spread (fixed versus variable), and minimum deposit requirements to accommodate traders of all types and levels of experience. The trading conditions supported by technology should be reliable and efficient so that trades can be executed smoothly.

Trading Conditions

Spreads: limited information available

Leverage: limited information available

Minimum deposit: limited information available

Trading platform: likely MetaTrader 4 / 5 or similar

Fee Structure: Fees and commissions are to be considered when calculating how profitable your trading is going to be. The fee structure for GTCM is not disclosed in full detail, which is a common issue with most brokers because it is difficult to find information on fees. In addition, spreads and commissions, as well as any fees for deposits and withdrawals, should be considered.

Transparency in fees helps you make informed decisions as a trader. Therefore, it would be best to contact GTCM directly or look for the most current fee structure in GTCM's official documentation.

Table Press

Fees

Deposit ف: limited deposit information;

Withdrawals: limited withdrawal information;

Commission: limited commission information.

Your Trading Experience and GTCM's Reputation In order for a broker to be perceived as trustworthy, both feedback from users and the broker's overall reputation in the marketplace will help provide a picture of GTCM's reliability and quality of service. Due to minimal public data available regarding GTCM, an accurate assessment of the broker's user experience is challenging to determine.

In order to accurately assess GTCM, potential clients need to research reviews and testimonials, as well as independent evaluations of the broker. Key factors include how quickly the broker responds to customer support requests, how reliable the broker's platform is, and how fast the broker executes trades.

Conclusion

Based on its financial services offerings, GTCM can be considered a broker that can potentially serve traders of different experience levels; however, because of limited publicly available information regarding GTCM's history, regulatory status, trading conditions, and fee structure, potential clients should exercise caution and research carefully prior to trading with GTCM.

Trust within the financial services industry is built on transparency and compliance with regulations. While GTCM has the potential to provide competitive features and platforms, it is vital that you confirm the broker is as described through your own due diligence and by referring to independent sources prior to commencing trading with the broker.

Regulatory Licenses

Compliance & oversight

3 licenses
Cyprus
CySECTier 2
Cyprus#161/11
License Details
Type:Financial Service
License #:161/11
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Spain
CNMVTier 1
Spain#123
License Details
Type:Common Business Registration
License #:123
Status:Regulated
Validity
Effective:N/A
Expires:N/A
South Africa
FSCATier 2
South Africa#47709
License Details
Type:Financial Service
License #:47709
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
3
Countries
0
Offshore

Account Types

Trading account options

6 types
Basic
Standard
Min Deposit USD 200 • Leverage 1:30 • Commission Not specified
Min DepositUSD 200
Leverage1:30
CommissionNot specified
ECN
ECN
Min Deposit USD 2,000 • Leverage 1:30 • Commission Not specified
Min DepositUSD 2,000
Leverage1:30
CommissionNot specified
Premium
VIP
Min Deposit USD 5,000 • Leverage 1:30 • Commission Not specified
Min DepositUSD 5,000
Leverage1:30
CommissionNot specified
Gold
VIP
Min Deposit USD 10,000 • Leverage 1:30 • Commission Not specified
Min DepositUSD 10,000
Leverage1:30
CommissionNot specified
Diamond
VIP
Min Deposit USD 15,000 • Leverage 1:30 • Commission Not specified
Min DepositUSD 15,000
Leverage1:30
CommissionNot specified
VIP
VIP
Min Deposit USD 30,000 • Leverage 1:30 • Commission Not specified
Min DepositUSD 30,000
Leverage1:30
CommissionNot specified
6
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Credit/Debit Card
Credit CardInstant
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals credited back to same card if initial deposit was via credit card; surplus funds credited to nominated bank account.
Bank Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Bank fees incurred by sending or correspondent banks may apply; not charged by broker.
E-Wallets
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Cryptocurrency
CryptocurrencyInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals exceeding equivalent of 5000 USD may require KYC documents such as passport, government ID, or utility bill.
4
Free Deposit
4
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with GTCM: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark GTCM at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for GTCM

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://it.gtcm.com
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

1 platform

Comments

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