GeneTrade Broker Review 2025

GeneTrade offers commission-free trading across Forex and Metal asset classes. The broker charges a 1.0 pip markup on spreads and covers all transaction fees (except for Bank Wires below $200). It provides free VPS and Social Trading services.

GeneTrade; Broker's Background and Regulation

GeneTrade is a brand name of Genius Trading LTD, registered in Belize. The company was founded in 2013.

While the broker claims it’s regulated by the International Financial Services Commission in Belize, there’s no record on the FSC website.

The lack of licensing and false information about the regulatory status on the broker’s website can be alarming for potential clients.

However, it’s our understanding that the company’s license is expired, and its website wasn’t updated when we wrote this GeneTrade review.

GeneTrade Table of Details

GeneTrade has executed 99.90% of orders in less than 1 minute with no rejection. Let’s see what other features the Forex broker brings to the table.

GeneTrade Broker Account Offerings

The company offers instant market execution through its two account types: Micro and Standard.

GeneTrade Registration and Verification Guide

The company requires its clients to be above the legal age according to their country of residence laws and complete the KYC procedure.

1. Navigate to the broker’s official website;
2. Click “Register”;
3. Fill in the sign up form;
4. Verify your email address;
5. Use the MT4 account number sent to your email and the password to login to the client area;
6. Click “Validate My Account”;
7. Upload proof of identity (passport or driving license) and proof of address (utility bill or bank statement).

GeneTrade Broker Trading Platforms

The company offers its clients access to the industry-standard MetaTrader 4 (MT4) platform, known for its robust features and user-friendly interface. The platform is accessible across various operating systems, including:

• Desktop
• Web
• GeneTrade MT4 Android
• GeneTrade MT4 iOS

Trading and Non-Trading Costs

GeneTrade charges no commissions on all trades. However, it incurs a 1 pip markup on spreads.

• Dormant Fee: A monthly $10 fee after 100 days of inactivity
• Skrill Transactions: A 2% commission

GeneTrade Payment Options

The broker offers over 20 payment methods. GeneTrade processes all withdrawal requests within 2 hours through its proprietary technology. Some of the available deposit/withdrawal methods:

• VISA
• MasterCard
• VISA Electron
• Maestro
• UnionPay
• Skrill
• Neteller
• BitWallet
• PayTrust
• Bank Wire

While the minimum withdrawal amount is $10, the minimum deposit is $5. Note that GeneTrade processes withdrawals only via the original method used for the deposit.

Does GeneTrade Broker Offer Copy Trading or Investment Plans?

GeneTrade does offer social trading capabilities. The feature allows traders, especially those new to the forex market or with limited time for analysis, to follow and automatically copy the trades of more experienced and successful traders.

GeneTrade Promotional Offerings

The company offers 3 active promotions at the time of writing this GeneTrade review, including:

• 20% Bonus: Up to $5,000 extra funds on all deposits
• Zero Fees: No transaction fees on wire transfers above $200 and all credit card/e-wallet transactions
• Free VPS Service: Virtual Private Server with 99.99% uptime, perfect for utilizing EAs

GeneTrade Support Channels

The broker provides 24/5 support in 20 languages, such as English, Greek, Japanese, Chinese, Spanish, and Russian, through various channels, including:

User Satisfaction

There are few GeneTrade reviews on reputable rating websites, and they are mostly negative.

The company hasn’t claimed its profile on TrustPilot.

Conclusion and Final Words

GeneTrade provides access to 100+ trading instruments with leverage options of up to 1:1000. It supports VISA, Neteller, and BitWallet payment methods. The broker doesn’t accept clients from the USA and Europe.