How do I verify my GeneTrade account?

To complete verification, you must submit proof of identity (passport or driver’s license) and proof of address (utility bill or bank statement) through the “Validate My Account” section in the dashboard.

Are there any educational resources on the GeneTrade website?

No. GeneTrade does not provide any educational content like tutorials or webinars, which puts it at a disadvantage compared to brokers offering extensive learning materials.

Does GeneTrade have a mobile trading option?

Yes. GeneTrade supports MT4 mobile apps on Android and iOS. These apps allow real-time charting, order placement, and account management from anywhere.

What customer support channels are available at GeneTrade?

Support is offered 24/5 via live chat, email (support@genetrade.com), and phone (+5012231235). Although multilingual, some users report unresponsiveness on live chat, which could impact satisfaction.

Can I open multiple demo accounts on GeneTrade?

Yes. GeneTrade allows users to open up to 5 demo accounts simultaneously, which is ideal for strategy testing and familiarizing oneself with the MT4 platform without risking real money.

What is the difference between the Micro and Standard accounts?

The main difference lies in lot size: Micro accounts use 1,000 units per lot, while Standard accounts use 100,000. Both have similar trading conditions—same leverage, currency support, and no commissions.

How secure are client funds with GeneTrade?

GeneTrade claims to hold client funds in segregated accounts at Tier-1 banks. While this is a positive feature, the lack of regulation means there's no external oversight to verify these claims.

What bonuses or promotions are available at GeneTrade?

GeneTrade currently offers: a 20% deposit bonus (up to $5,000), zero deposit fees, and free VPS hosting. These are aimed at enhancing client experience and attracting new traders.

Does GeneTrade offer an Islamic or swap-free account?

Yes, both Micro and Standard accounts at GeneTrade can be converted into Islamic accounts, which are swap-free and comply with Sharia principles. This feature is available upon request during registration.

What countries are restricted from using GeneTrade?

GeneTrade does not accept clients from the USA, Europe, Japan, Iran, South Korea, North Korea, and Thailand. This is due to regulatory or compliance limitations in these regions.

Are there any inactivity or hidden fees with GeneTrade?

Yes. GeneTrade charges a $10 monthly fee after 100 days of inactivity. Additionally, Skrill transactions incur a 2% fee, and bank wire withdrawals under $200 may involve extra charges.

How fast are withdrawals processed at GeneTrade?

GeneTrade claims to process withdrawals within 2 hours using proprietary processing technology. However, actual receipt time depends on the method used. E-wallets tend to be faster than bank wires.

What trading instruments can I access on GeneTrade?

GeneTrade offers over 100 instruments across 3 main classes: Forex pairs (56+), metals (gold & silver), and equity indices like NASDAQ and FTSE 100. These options allow both short-term and long-term trading strategies.

Does GeneTrade provide social trading features?

Yes. GeneTrade includes a Social Trading feature that lets clients copy trades from expert traders. This is particularly useful for beginners or time-constrained users who prefer automated trading exposure.

Can I use MetaTrader 4 (MT4) with GeneTrade?

Yes, GeneTrade exclusively supports the MetaTrader 4 (MT4) platform, which is available for desktop, web, Android, and iOS. MT4 is widely used for its advanced charting tools and algorithmic trading support.

Does GeneTrade offer commission-free trading?

Yes, GeneTrade charges zero commissions on all trades. Instead, it applies a 1.0 pip markup on spreads. For instance, if the raw market spread for EUR/USD is 0.3 pips, GeneTrade quotes it as 1.3 pips.

What are the available account types on GeneTrade?

GeneTrade offers Micro and Standard live accounts, along with Demo accounts. Both live accounts support multiple base currencies, leverage up to 1:1000, and offer Islamic account options. The Micro account uses a 1,000 lot size, while Standard uses a 100,000 lot size.

What leverage does GeneTrade offer?

GeneTrade offers leverage up to 1:1000, which allows clients to control larger positions with smaller capital. For example, with $100, a trader can control up to $100,000 in the market. However, high leverage also increases risk.

What is the minimum deposit required to open an account with GeneTrade?

The minimum deposit at GeneTrade is $5, making it one of the most accessible forex brokers for beginners. This low barrier allows traders to test the platform without significant financial commitment.

TradingFinder
Forex Brokers
GeneTrade Broker Review 2025

Writer:

Ram Nisha

Reviewer:

Davit Kvaratskhelia

Fact checker:

Sinan Aydın

Modified:May 25, 2025

GeneTrade Broker Review 2025

Company:GeneTrade

Founded:2013

Min Deposit:$5

Max Leverage:1000

Headquarter:

Belize City, Belize

US Accepted:

No Re-Quotes Affiliate Mobile Trading Negative Balance Protection

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About

GeneTrade is a Belize-based brokerage company providing Micro and Standard trading accounts with a $5 minimum deposit. The broker supports the MT4 platform and offers a 20% deposit bonus up to $5,000. The minimum withdrawal amount is $10.

Contact

+5012231235 support@genetrade.com

28 Regent Street, Belize City, Belize

Rank and Score

Pros and Cons

Account Types

Platforms

Pros

Low minimum deposit ($5)

High maximum leverage (up to 1:1000)

Multiple base currencies

24/5 multilingual customer support

Cons

Limited asset offerings (100+)

No regulatory oversight

Low trust scores

Geo-restrictions

5 From 5.0

(1)

Rate this post

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.

GeneTrade Broker Regulation — Verifying GeneTrade’s license 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.

Broker	GeneTrade
Account Types	Micro, Standard, Demo
Regulating Authorities	None
Based Currencies	USD, EUR, GBP, JPY, HUF, PLN, ZAR
Minimum Deposit	$5
Deposit Methods	VISA, MasterCard, VISA Electron, Maestro, UnionPay, Skrill, Neteller, BitWallet, PayTrust
Withdrawal Methods	VISA, MasterCard, VISA Electron, Maestro, UnionPay, Skrill, Neteller, BitWallet, PayTrust
Minimum Order	0.01 lots
Maximum Leverage	1:1000
Investment Options	Social Trading
Trading Platforms & Apps	MT4
Markets	Forex, Metals, Equity Indices
Spread	From 1.0 pip
Commission	$0
Orders Execution	Market
Margin Call / Stop Out	N/A
Trading Features	Mobile Trading, Negative Balance Protection, No Re-Quotes
Affiliate Program	Yes
Bonus & Promotions	20% Bonus, Zero Fees on Deposits, Free VPS Service
Islamic Account	Yes
PAMM Account	No
Customer Support Ways	Email, Phone, Live Chat
Customer Support Hours	24/5

GeneTrade Broker Account Offerings

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

Features	Micro	Standard
Base Currency	USD, EUR, GBP, JPY, HUF, PLN, ZAR
Contract Size	1 Lot = 1,000	1 Lot = 100,000
Max Leverage	1:1000	1:1000
Islamic Account Option	Yes	Yes
Account Manager	Yes	Yes
Hedging Allowed	Yes	Yes
Min Deposit	$5	$5

Clients can open up to 5 demo accounts simultaneously to test strategies before committing to real capital.

GeneTrade Advantages and Disadvantages

The company prioritizes client protection by keeping funds in segregated accounts in tier-1 banks.

GeneTrade Pros and Cons — GeneTrade has an award-winning multilingual support team

Let’s weigh GeneTrade’s pros against its cons.

Upsides	Downsides
Low minimum deposit ($5)	Limited asset offerings (100+)
High maximum leverage (up to 1:1000)	No regulatory oversight
Multiple base currencies	Low trust scores
24/5 multilingual customer support	Geo-restrictions

GeneTrade Registration and Verification Guide

The company requires its clients to be above the legal age according to the laws of their country of residence and complete the KYC procedure. The next sections provide a tutorial on GeneTrade registration.

#1 Visit the Official GeneTrade Website

Head over to the official platform and click “Register” at the top-right to begin the sign-up flow.

#2 Submit Required Information

Provide required details, including:

Full name
Date of birth
Contact details
Residential address
Account type
Currency preference
Your desired leverage (up to1:1000)

Genetrade registration form — Enter the required details in GeneTrade's sign-up form

Next, create a secure password for your profile.

#3 Confirm Your Email

Check your inbox for a verification link from GeneTrade. Clicking it will activate your account.

#4 Log into Your Dashboard

Use your credentials from the welcome email to log in and explore your trading panel.

Genetrade email — The verification email received from GeneTrade broker

#5 Account Validation

Finally, click on "Validate My Account" in the client area, then 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:

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 Tradable Assets

The broker offers over 100 trading instruments across 3 asset classes with leverage options of up to 1:1000.

Forex Market: Over 56 Major, Minor, and Exotic currency pairs
Metals: Gold and Silver
Equity Indices: Major global indices, including S&P 500, NASDAQ Composite, FTSE 100, Nikkei 225, ASX 200, Hang Seng Index (HK50)

GeneTrade Promotional Offerings

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

GeneTrade Bonus — GeneTrade 20% bonus has no minimum deposit requirements

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:

Email	support@genetrade.com
Phone	+5012231235
Live Chat	Not responsive

GeneTrade Broker Restricted Countries

The company has restrictions on which countries it can accept clients from. These restrictions are typically due to regulatory requirements, sanctions, or the broker's risk management policies. GeneTrade prohibited countries:

United States of America
Europe
Japan
Thailand
South Korea
Iran
North Korea

GeneTrade Geo-Restrictions — A list of red flag countries on GeneTrade

User Satisfaction

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

GeneTrade Trustpilot	3.2/5 based on 1 comment
Forex Peace Army	1.941/5 based on 2 reviews

The company hasn’t claimed its profile on Trustpilot.

GeneTrade TrustPilot — A look into GeneTrade’s ratings on TrustPilot

GeneTrade Educational Offerings

The broker doesn’t offer any educational section on its website. It primarily focuses on providing trading services. This lack of educational resources can be a disappointment for potential clients.

GeneTrade Compared to Other Brokerages

The table below makes a comparison between the discussed brokerage and some of its competitors:

Parameter	GeneTrade Broker	FxGlory Broker	FxPro Broker	HFM Broker
Regulation	None	None	FCA, FSCA, CySEC, SCB	Cent, Zero, Pro, Premium
Minimum Spread	1.0 Pip	0.1 Pips	0.0 Pips	0.0 Pips
Commission	$0	None	From Zero	From Zero
Minimum Deposit	$5	$10	$100	From $0
Maximum Leverage	1:1000	1:3000	1:500	1:2000
Trading Platforms	MT4	MT4, MT5	MT4, MT5, cTrader, Web Trader, Mobile App	MT4, MT5, Mobile App
Account Types	Micro, Standard	Standard, Premium, VIP, CIP	Standard, Pro, Raw+, Elite	Cent, Zero, Pro, Premium
Islamic Account	Yes	Yes	Yes	Yes
Number of Tradable Assets	100+	50+	270+	1,000+
Trade Execution	Market	Market, Instant	Market, Instant	Market, Buy Stop, Stop Loss, Limit, Take Profit

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.

FAQs

Is GeneTrade regulated?: While the broker’s website indicates that it’s regulated by the International Financial Services Commission (FSC), we came to understand that the license has expired.
What is the minimum deposit required to open an account with GeneTrade?: The minimum deposit at GeneTrade is $5, making it one of the most accessible forex brokers for beginners. This low barrier allows traders to test the platform without significant financial commitment.
What leverage does GeneTrade offer?: GeneTrade offers leverage up to 1:1000, which allows clients to control larger positions with smaller capital. For example, with $100, a trader can control up to $100,000 in the market. However, high leverage also increases risk.
What are the available account types on GeneTrade?: GeneTrade offers Micro and Standard live accounts, along with Demo accounts. Both live accounts support multiple base currencies, leverage up to 1:1000, and offer Islamic account options. The Micro account uses a 1,000 lot size, while Standard uses a 100,000 lot size.
Does GeneTrade offer commission-free trading?: Yes, GeneTrade charges zero commissions on all trades. Instead, it applies a 1.0 pip markup on spreads. For instance, if the raw market spread for EUR/USD is 0.3 pips, GeneTrade quotes it as 1.3 pips.
Can I use MetaTrader 4 (MT4) with GeneTrade?: Yes, GeneTrade exclusively supports the MetaTrader 4 (MT4) platform, which is available for desktop, web, Android, and iOS. MT4 is widely used for its advanced charting tools and algorithmic trading support.
Does GeneTrade provide social trading features?: Yes. GeneTrade includes a Social Trading feature that lets clients copy trades from expert traders. This is particularly useful for beginners or time-constrained users who prefer automated trading exposure.
What trading instruments can I access on GeneTrade?: GeneTrade offers over 100 instruments across 3 main classes: Forex pairs (56+), metals (gold & silver), and equity indices like NASDAQ and FTSE 100. These options allow both short-term and long-term trading strategies.
How fast are withdrawals processed at GeneTrade?: GeneTrade claims to process withdrawals within 2 hours using proprietary processing technology. However, actual receipt time depends on the method used. E-wallets tend to be faster than bank wires.
Are there any inactivity or hidden fees with GeneTrade?: Yes. GeneTrade charges a $10 monthly fee after 100 days of inactivity. Additionally, Skrill transactions incur a 2% fee, and bank wire withdrawals under $200 may involve extra charges.
What countries are restricted from using GeneTrade?: GeneTrade does not accept clients from the USA, Europe, Japan, Iran, South Korea, North Korea, and Thailand. This is due to regulatory or compliance limitations in these regions.
Does GeneTrade offer an Islamic or swap-free account?: Yes, both Micro and Standard accounts at GeneTrade can be converted into Islamic accounts, which are swap-free and comply with Sharia principles. This feature is available upon request during registration.
What bonuses or promotions are available at GeneTrade?: GeneTrade currently offers: a 20% deposit bonus (up to $5,000), zero deposit fees, and free VPS hosting. These are aimed at enhancing client experience and attracting new traders.
How secure are client funds with GeneTrade?: GeneTrade claims to hold client funds in segregated accounts at Tier-1 banks. While this is a positive feature, the lack of regulation means there's no external oversight to verify these claims.
What is the difference between the Micro and Standard accounts?: The main difference lies in lot size: Micro accounts use 1,000 units per lot, while Standard accounts use 100,000. Both have similar trading conditions—same leverage, currency support, and no commissions.
Can I open multiple demo accounts on GeneTrade?: Yes. GeneTrade allows users to open up to 5 demo accounts simultaneously, which is ideal for strategy testing and familiarizing oneself with the MT4 platform without risking real money.
What customer support channels are available at GeneTrade?: Support is offered 24/5 via live chat, email (support@genetrade.com), and phone (+5012231235). Although multilingual, some users report unresponsiveness on live chat, which could impact satisfaction.
Does GeneTrade have a mobile trading option?: Yes. GeneTrade supports MT4 mobile apps on Android and iOS. These apps allow real-time charting, order placement, and account management from anywhere.
Are there any educational resources on the GeneTrade website?: No. GeneTrade does not provide any educational content like tutorials or webinars, which puts it at a disadvantage compared to brokers offering extensive learning materials.
How do I verify my GeneTrade account?: To complete verification, you must submit proof of identity (passport or driver’s license) and proof of address (utility bill or bank statement) through the “Validate My Account” section in the dashboard.