GTCFX Broker Review 2024

GTCFX provides Raw spreads from 0.0 pips for a minimum deposit of $3,000 through its ECN account. It offers access to Signal Center, Autochartist, and a 20% tradable bonus. The broker rewards its IBs with 70% cashbacks.

GTCFX (Company Information and Regulatory Status)

GTCFX is a well-established online trading platform prioritizing regulatory compliance and client security. With over 985,000 clients across more than 100 countries, the broker has built a strong reputation in the global financial market. The company is licensed and regulated by multiple prestigious financial authorities, including:

• Australian Securities and Investments Commission “ASIC” (496371);
• The UAE Securities and Commodities Authority “SCA” (20200000007);
• The UK Financial Conduct Authority “FCA” (744501);
• The Financial Services Commission of Mauritius “FSCM” (GB22200292);
• Vanuatu Financial Services Commission “VFSC” (40354).

GTCFX Specific Features

GTC FX was founded in 2012 by Jack Zheng in Dubai. The broker stands out from the competition with its impressive array of features designed to cater to novice and experienced traders.

GTCFX Account Offerings

The company offers three main account types, including Standard, Pro, and ECN, to cater to a diverse range of traders.

GTCFX Broker Pros and Cons

To provide a balanced view, we must take a look at the advantages and disadvantages of trading with GTC FX.

GTCFX Registration and KYC Verification

Opening an account with GTC FX is a straightforward process, but it involves thorough Know Your Customer (KYC) and compliance procedures to ensure the security and integrity of the platform.

1. Visit the broker’s official website;
2. Click “Open an Account”;
3. Fill out the “Personal Information” form;
4. Choose the account settings, such as platform, leverage, and password;
5. Provide proof of identity (Passport or driving license) and proof of address (utility bill or bank statement).

GTCFX Trading Platforms

GTC FX offers two powerful trading platforms to cater to different trader preferences: MT4 and MT5.

MetaTrader 4 (MT4)

• Android;
• iOS;
• Desktop;

MetaTrader 5 (MT5)

• Android;
• iOS;
• Desktop;

GTCFX Fee Structure

The broker takes a simple approach to fees and commissions. It offers trading with tight spreads and zero commissions (except for the ECN account).

GTCFX Broker Payment Options

Payment options are among the most important topics in all of the GTCFX reviews. Providing a wide range of deposit/withdrawal methods ensures that traders from across the globe can easily make transactions. Here’s a list of GTC FX offerings.

• MasterCard;
• VISA;
• Bank Wire;
• GTCPay;
• PerfectMoney;
• TCPay;
• My Fatoorah;
• USDT.

Note that while the minimum deposit amount for all of the methods mentioned above is $10, you can deposit an amount as low as $1 via USDT.

Does GTCFX Offer Copy Trading or Investment Plans?

GTC FX provides several options for traders looking to automate their trading or invest in managed accounts.

• Copy Trading: Follow and automatically copy trades of successful traders with customizable risk levels;
• PAMM (Percentage Allocation Management Module): Invest in professionally managed accounts;
• MAM (Multi-Account Manager): Suitable for money managers and institutional clients to manage multiple client accounts simultaneously.

GTCFX Bonus Offerings

promotion is the most attractive topic in all GTCFX reviews. The broker offers seasonal bonuses and promotional programs, such as deposit bonus, affiliate, and IB.

• 20% Tradable Bonus: available till October 31, 2024, only after verifying your account and making a deposit;
• Affiliate: Available in 80+ countries with CPA commissions up to $1850;
• IB: Partner up with GTC FX and receive 70% rebates.

GTCFX Broker Support Channels

The company offers comprehensive 24/7 multilingual customer support through various channels, including:

Red Flag Countries on GTCFX

GTC FX, like many regulated brokers, cannot provide services to residents of certain countries due to regulatory restrictions or high-risk designations.

• The United States;
• Russia;
• Afghanistan;
• Angola;
• Bahamas;
• Botswana;
• Myanmar;
• Cote d’Ivoire (Ivory Coast);
• Crimea and Sevastopol;
• Cuba;
• Democratic Republic of Congo;
• Liberia;
• Ghana;
• Iran;
• Iraq;
• Mongolia;
• North Korea.

GTCFX Reviews and Trust Scores

User satisfaction is one of the most important topics in all GTCFX reviews. The company has garnered good scores across various platforms, especially TrustPilot.

There are 201 reviews on GTC FX TrustPilot profile rating the broker 4.3 out of 5.0; an excellent score.

Conclusion and Final Words

GTCFX provides access to 27,000+ trading instruments across 6 different asset classes, including Forexand Stocks. The broker offers 3 main account types with leverage options of up to 1:2000 through the robust MT4/5 platforms.

GTCFX broker is regulated by multiple entities, including SCA, FSCM, and VFSC, and has a great rating of 4.3 on TrustPilot.