GT-Trader Review – What Are Key Facts You Must Watch For?

Even though the company claims to have offices in three countries, none of those are recognized as headquarters. Thus, GT-Trader LLC sounds like an offshore company. That’s why they possibly hide their legal documents.

In any case, this GT-Trader review presents you with the key details about this company. Yet, most importantly, ways to protect yourself and funds.

Broker status:	Unregulated
Regulated by:	No regulations
Operating Status:	Active trading scam
Known Websites:	https://gt-trader.com/
Blacklisted by:	N/A
Owner:	GT-Trader LLC
Headquarters Country:	Canada, Austria, Switzerland
Foundation Year:	2023
Online Trading Platforms:	Web trader
Mobile Trading:	Not available
Minimum Deposit:	$250
Deposit Bonus:	N/A
CFD Trading Option:	Yes
Crypto Asset Trading:	Yes
Available Trading Instruments:	Forex, Indices, Commodities, Stocks, Cryptos
Maximum Leverage:	1:5
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Since the company doesn’t have transparent legal documents or licenses you definitely can’t trust them. So, if you experience any withdrawal-related issues, don’t hesitate to contact us for funds recovery assistance.

Is GT-Trader Legit or a Scam?

Everything about the trading conditions looks legit. However, without trusted regulations all of that becomes irrelevant. Therefore, to make sure we checked primarily FCA, BaFin and ASIC registers. Sadly, none of them hold any records of GT-Trader scam broker.

Considering their alleged offices worldwide you would expect them to have any license at all. Consequently, their segregation of the funds is quite suspicious. Most likely, they just segregate your funds from your pockets.

Traders Experience With GT-Trader

Another key warning sign is the GT-Trader reviews. If nothing so far is ringing a bell, this will do. In fact, 6 out of 6 comments on Trustpilot are negative. All of those are commenting on the same, withdrawal problems.

So, before you end up tricked for a lot of money, think about your choices wisely. But if you already made a mistake, don’t worry. Our refund specialists can advise you on further steps.

How Does GT-Trader Work?

Practically, they offer you almost everything a legitimate broker would do. However, they don’t back it up with any kind of regulations. On top of that, they are using shady web-based platform and hardly traceable crypto transfers for funding.

After all, if you want all of your funds out, they can just ignore you. Or even worse, make your account balance vanish and freeze your account. If something like this is your case, feel free to contact us for help.

Who Are GT-Trader Victims?

What should make you also worried is the date of registration of the gt-trader.com domain. According to who.is, they are only active since March 2023. Since then, they were mainly scamming traders from:

• United Kingdom
• Australia
• Brazil
• Germany
• France

If you find any similarities in this or Agrodana Futures review, get in touch with our experts for advice.

What Are Trading Platforms Available?

One of the key warning signs is a web-based platform. Instead of a highly effective and trusted MetaTrader, you get the basic platform with limited functions. Not even copy trading is available.

However, all the advanced features this broker might offer would be compromised. Simply due to a lack of regulations.

Is the GT-Trader Mobile Trading App Available?

As you can see in our Paxton Trade review, mobile apps play a key role in trading. Primarily, due to high reliability, fast executions and mobility. Yet, the GT-Trader broker missed the trading course and lesson about the importance of a mobile app.

What Financial Instruments Does The Platform Include?

Tradeable instruments with this investment firm can be seen with any other scam broker. Anyway, some of the options are:

• Forex – GBP/EUR, EUR/SEK
• Commodities – gold, natural gas
• Shares – Amazon, NVidia
• Indices – S&P500, DowJones
• Cryptos – BTC, ETH, XRP

Account Types Offered by GT-Trader

Since the company offers VIP signals, you can expect in their adverts the offer of auto-trading software. That’s how scam brokers manipulate inexperienced traders. Nevertheless, for those you have to deposit more money. The choices are:

• Standard – $250
• Bronze – $1.000
• Silver – $5.000
• Gold – $10.000
• Platinum – $50.000

Can a Trader Use a GT-Trader Demo Account?

Even though the platform insight is free, there is no demo account available. This way the company doesn’t give you freedom to test their tools and fees. But to understand why that can be crucial, read our WBroker review.

GT-Trader Fees, Spreads, Leverage and Commission

In fact, GT-Trader offers only leverage transparently. Apparently, it goes only up to 1:5 for the Platinum account. But if you get anything higher than 1:30, close the account and find another broker.

However, none of the other costs like fees or commissions are revealed. Moreover, their spreads allegedly start from 0 pips, but not on a live account.

Is the GT-Trader Welcome Bonus Available?

Currently, none of the bonuses are visible on the company’s website. Since they don’t have transparent documents, we can’t look for bonus policies either. Therefore, just be careful if you are accepting any because you might get tricked.

Is GT-Trader Withdrawal Possible?

Considering all the reviews, missing regulations and non-existent withdrawal policy, then it’s not. After all, if the broker is any close to legitimate, they would be more transparent.

Important to realize is that they don’t share any withdrawal fees. Thus, without regulations, they can make it up anytime. But it’s up to you if you will fall for that trick or not. On top of that, it looks like they are promoting anonymous crypto transfers. But we suggest you always use cards due to chargeback availability.

What Should I Do If I Have a GT-Trader Problem?

In the first place, you should report the issue to domestic regulators and share your opinion anywhere online. Believe us, it matters. Yet, in many cases that doesn’t bring you your money back.

For that, we suggest you talk to our experts. Whether you need to track crypto with our Fusion Forensics Limited technology or apply a chargeback, it’s way easier with professionals. Therefore, get in touch now and book your first appointment.