General Information & Regulation
Gntfin claims to be a UK-based broker who claims to offer a large number of trading assets through the MT4 and Sirix platforms. Gntfin is currently not subject to any effective regulation.
Market Instruments
Investors can trade Forex currency pairs, indices, commodities, and stocks on the Gntfin platform. Unfortunately, Gntfin does not offer trading in popular cryptocurrencies.
Minimum Deposit
There are three different types of accounts available on the Gntfin platform: Silver (minimum deposit of €10,000), Gold (minimum deposit of €25,000), and Platinum (minimum deposit of €50,000).
Gntfin Leverage
With regard to trading leverage, GNTFIN hasnt made this clear on their website. However, unregulated broker would offer high leverage level to attract new traders.
Spreads & Commissions
Gntfin claims spread as low as 0 pips on major currency pairs but charge a 6% commission, an unusual fee model. Considering the low credibility of this brokerage, it is advisable to check the real-time spreads of the major currency pairs.
Trading platforms
Gntfin claims to provide traders with both MT4 and Sirix trading platforms. However, after testing, it was found that only the Sirix platform can get access to, and Gntfin is false advertising.
Deposit & Withdrawal
Gntfin does not provide much information about the ways to deposit and withdraw funds, but only mentions that clients can deposit and withdraw funds via wire transfer, credit, and debit cards and that the minimum amount for withdrawal via wire transfer is 3,000 EUR/GBP, which is clearly a practice of fraudulent traders.
Gntfin Pros & Cons
Gntfin Advantages Include:
1. Three account types to choose from
Gntfin Disadvantages Include:
1. No regulation & blacklisted by CONSOB
2. High initial deposit requirements
3. Unusual pricing model
4. False advertising of MT4
5. Limited deposits & Withdrawals methods
start to write first comment