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/10

GTCM

Cyprus|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.gtcm.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Italy 3.29

Surpassed 90.32% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 22 300 500
customer.service@gtcm.com
https://www.gtcm.com/
Artemisia Business Centre, 14 Charalambou Mouskou, 2nd Floor, Office 201, 2014 Nicosia, Cyprus.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 22 300 500

Broker Information

More

Company Name

Depaho Limited

Company Abbreviation

GTCM

Platform registered country and region

Cyprus

Company website
Twitter
Linkedin

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-03-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 161/11) claimed by this broker is suspected to be clone. Please be aware of the risk!

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GTCM · Company Summary

General Information & Regulation

GTCM (www.gtcm.com) is a registered EU trademark (no. 018006764) exclusively used as a brand name of Depaho Ltd, a registered Cyprus Investment Firm regulated by CySEC with license no. 161/11 and authorised by the FSCA with license no. 47709 and with an established branch in Spain with registration no. 123 under the CNMV.

Market Instruments

GTCM provides investors with popular financial tradable instruments, including forex currency pairs, precious metals, commodities, stocks, indices, exchange-traded funds(ETFs), etc.

GTCM Minimum Deposit

To meet different types of investors' investment needs and trading, GTCM offers six different accounts for retail users, namely Basic Account ($200-$1999 deposit), Discovery Account ($2,000-$4,999 deposit), Silver Account ($10,000-$14,999 deposit), Diamond Account ($15,000-$29. 999 deposit) and VIP Account ($10,000-$14,999 deposit), 999) and VIP accounts ($30,000-$49,999). Additionally, GTCM has set up professional accounts for professional traders.

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GTCM Leverage

GTCM, as a Cyprus-regulated broker, offers different leverage level for retail traders and professsional traders. For retail traders, teh maximum leverage on major currency pairs is up to 1:30, 1:20 for non major pairs, 1:20 for gold products, and 1:10 for rest of commodities, 1:5 for single stock CFDs. While for professionals, the maximum leverage soar to 1:200 for forex instruments.

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GTCM Spreads

Spreads on retail accounts are 3 pips on EURUSD, 3 pips on EURGBP, 1 pip on Gold, 0.06 pips on Silver, 0.12 pips on Brent Crude Oil, 0.16 pips on Natural Gas, 1.5 pips on Adidas stock, and 1.5 pips on Airbnb stock. In terms of the spread on EURUSD, truly high, many broker offers spread on EURUSD usually between 1 pip to 1.5 pips.

Trading Platforms

GTCM offers traders the WebPROfit trading platform, a user-friendly interface, an easily customizable trading environment, powerful charting capabilities, and sophisticated order management features to help traders trade with ease. However, lack of industry-leading trading platoforms like MT4 & MT5 can be a big drawback for this broker.

Deposit & Withdrawal

GTCM welcomes various deposit and withdrawal methods, including VISA, MasterCard, Maestro, Skrill, Neteller, SafeCharge, 3DS, PayPal, etc.

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Customer Support

The GTCM customer support team can be reached through email, telephone, a contact form, as well as some social media platforms, like instagram, Facebook, Twitter.

User Reviews

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3

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FX1492973746
more than one year
My dealings with GTCM left me feeling swindled. Initially, they gave an impression of an easy win, allowing me to make profits. But that was quickly followed by a series of mediocre deals. Then, it outright felt like they defrauded me on a couple of deals, pushing for as much investment as possible. Losing an amount of $1000 might be negligible for some, but for me, it resulted in considerable debt!
2024-02-07 13:56
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杨志成
more than one year
GTCM appears to be a scam forex company that has absconded with money. It's abominable! These scammers base their happiness on the suffering of others. It is hoped that relevant laws and regulations can punish these scammers more strictly and effectively, thus reducing the emergence of more scammers...
2023-03-22 12:10
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陈冰
more than one year
All the regulatory licenses of GTCM are fake! Stay away from this company unless you want to donate to these people... The victims' experience are alarming. Don't repeat this tragedy.
2023-03-10 18:23
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