Global GT Review & Rating 2022
Read the Global GT Forex and Crypto broker review before opening your account. Is Global GT a reliable hybrid Broker? What are the benefits of trading with this broker?
Global GT is an authorized and regulated hybrid broker by Financial Sector Conduct Authority (FSCA) and the Seychelles Financial Services Authority (SFSA). The broker offers 140+ instruments to trade such as Forex, Cryptos, Indices, Metals, Energy and Stocks with up to 1:1000 leverage.
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Global GT is a newly established Forex broker, which started operating in 2020. It is a CFD and Forex broker operated by a well-known brand, GT Group. The company is operating other successful brokers as well, mainly focusing on the South East Asia region. With this new broker, GT Group is aiming to meet its international aspirations.
According to the AtoZ Markets research team, Global GT offers very exciting services to its clients. With more than 140 available trading assets and user-friendly platforms, there is something for everyone at Global GT. The broker is registered in two different jurisdictions, in South Africa and Seychelles. It is licensed by the Financial Sector Conduct Authority of South Africa and the Seychelles Financial Services Authority.
Global GT is regulated by the Financial Sector Conduct Authority (FSCA) and the Seychelles Financial Services Authority (SFSA). The broker operates internationally but does not provide its services to European Union countries. See below for a list of registrations:
- GT IO Markets (Pty) Ltd is regulated by the Financial Sector Conduct Authority under the FSCA FSP Number 48896.
- 360 Degrees Markets Ltd is a registered company in Seychelles, with Registration Number 8421720-1.
The broker follows the strict regulatory guidelines by these regulators, thus, all client funds are held in segregated tier-1 bank accounts. It also offers negative balance protection, which means traders cannot lose more than they have in their trading account.
Global GT users can use the MT5 platform to trade all of its trading instruments. And they can choose from the desktop platform, the Web Trader, or the mobile app for Android or iOS. MetaTrader 5 is considered to be one of the best CFD trading platforms available, so the choice to offer this platform shows how well the broker knows the industry and how to satisfy the needs of its clients. The MetaTrader 5 platform, most commonly known as MT5, is one of the most popular trading platforms and is trusted by traders all over the world.
Traders can place orders using the MetaTrader 5 platform or use its live rates to place instant market execution orders. The MetaTrader 5 software is available to use in mobile and desktop versions, allowing traders the flexibility to monitor the market and place trades and orders the way that suits them.
MT5 also allows users to access charts, indicators, and other helpful trading tools, many of which have been created by other users of the trading platform. This interaction and user-generated tools are key factors in the platform’s popularity. The MT5 platform for Windows can be easily downloaded from the Global GT website by clicking on the MT5 icon and selecting Meta Trader 5 for Windows, or by visiting the ‘Platform’ page and clicking on the MT5 Desktop for Windows icon. The Web Trader loads right from the Global GT website, and the mobile apps can be downloaded from the Play Store (Android) and the Apple Store (iOS).
Global GT is somewhat different from other brokers in the market since it only offers one standard account. There are no tiers or levels that separate high value accounts from lower value accounts. The account is well suited for beginner and professional traders and there are no additional perks for those with larger account balances. Hence, it is good that everyone gets equal treatment and the same trading conditions.
Those trading conditions include variable spreads that start as low as 0 pips on the EURUSD pair, leverage as high as 1:1000.
Moreover, clients may also request Swap-free Accounts only on religious grounds, and upon funding their account. The Company reserves the right to reject any application for a Swap-free Account. Exotic and Cryptocurrency pairs are not included in Swap-free Accounts. In such cases, clients will be credited/debited as per the normal overnight swap.
As a hybrid broker, the unique feature that stands out is the availability to trade in multiple cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash etc. This makes Global GT an attractive choice for traders who desire to have a crypto account.
The Forex broker does not charge any commissions. The minimum deposit to create a live trading account is $5, and there are several ways of payments offered by the broker. You can use more traditional payment solutions, such as credit/debit cards and Bank Transfers.
Global GT accepts payments through Visa and Mastercard. There also are modern payment methods offered by the broker, such as StickPay Wallet, Swiffy, Skrill, and Neteller. Payments can also be processed through cryptocurrency payments. You can deposit funds in BTC, ETH, and USDT. The Forex broker does not charge any commissions for deposits and withdrawals. For more details about the costs, you can visit the broker's website.
Global GT customer support is global, highly responsive, and deals with client queries 24/7 via live chat and email in English.
Global GT brand is authorized and regulated in two jurisdictions. In South Africa, the company is registered as GT IO Markets Ltd, with a registration number 2015/059344/07 and is regulated by the Financial Sector Conduct Authority. In Seychelles, the company is registered at 360 Degrees Markets Ltd, regulated by the Seychelles Financial Services Authority.
After AtoZ Market’s deep research about the broker, we can say that Global GT is an innovative and regulated hybrid broker that offers a modest selection of trading instruments. They have a good choice of easy to use trading platforms that can be used across multiple devices.
The account opening process is easy and smooth and their customer care representative can serve the client at every stage. At last, we can say that the broker is reliable and stands out to be at the top, however, we always recommend our readers to do their own research before opening a live account with any broker.