In this section we will analyze the GTCM broker (also called gtcm.com), is a Forex, ETFs and CFDs broker. Is GTCM really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on GTCM. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Depaho Ltd.
As to its location, the broker mentions being based in: Cyprus.
If we analyze the regulation of the broker, we see that it is regulated by CySEC and FSCA.
Remember that to make a safe investment, the best option (and the safest) are the regulated brokersas they must meet very strict requirements. Instead, when working with a unregulated broker, there is a much higher risk of losing the capital invested, in the event that the company goes bankrupt or is reluctant to return the money as it usually happens.
To learn more about regulations, we invite you to access the following link.
If now we go on to analyze account types offered by GTCM, we noticed that it offers 6 different types of account / plans: Basic Account, Discovery Account, Silver Account, Gold Account, Diamond Account and VIP Account. We leave an image with a little information about each type of account.
Basic account: $ 200 minimum initial deposit, free e-book, free training, personal account manager, one-click trading, alerts, autochartist.
Discovery account: $ 2.000 minimum initial deposit, free e-book, free training, personal account manager, one-click trading, alerts, autochartist, 10% price discount.
Silver Account: $ 5.000 minimum initial deposit, free e-book, free training, personal account manager, one-click trading, alerts, autochartist, 20% price discount.
Gold Account: $ 10.000 minimum initial deposit, free e-book, free training, personal account manager, one-click trading, alerts, autochartist, 30% price discount, 17% reinvestment discount.
Diamond Account: $ 15.000 minimum initial deposit, free e-book, free training, personal account manager, insider information, one-click trading, alerts, autochartist, 40% price discount, 20% reinvestment discount.
VIP account: $ 30.000 minimum initial deposit, free e-book, free training, personal account manager, insider information, one-click trading, alerts, autochartist, 50% price discount, 33% reinvestment discount.
Las platforms to operate that GTCM offers are: GTCM's WebPROfit platform.
We will now analyze the different resources and aids for the trader that GTCM provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
GTCM provides the following aids or resources to traders or stakeholders: some live charts, economic calendar, market updates, really not much more than this.
| Other information about GTCM |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +390294756883 | +357 22 300 500 | +357 22 300 542
Email: [email protected]
>>> Assessment on GTCM <<
Ending with this section, in our opinion Do we believe that the GTCM company is reliable? Should you invest your money with the company?
The truth is that we recommend caution, because: it is a regulated broker, but unfortunately it is a regulation that can be dangerous in many cases, its headquarters is located in an unsafe country to invest (Cyprus). We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.