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GTCFX group includes several related companies.
GTCFX AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
GTCFX UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
GTCFX SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
GTCFX UAE - located in the United Arab Emirates, regulated by the Dubai Multi Commodities Centre (DMCC).
GTCFX MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
GTCFX VU - located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC).
Be aware, UK brokers are subject to some trading restrictions imposed by the European Securities and Markets Authority (ESMA).
Unfortunately, ASIC has also placed similar restrictions (such as leverage limitation) on AU brokers since late March 2021.
At the same time, SA/MU/VU brokers have way less constraints and more flexible trading conditions, so one can open a trading account there.
GTCFX group accepts clients from all over the world, excluding USA and most OFAC sanctioned and FATF blacklisted countries.
Forex broker offers the following underlying assets for trading.
| 60+ Currency Pairs | Based on major and minor world currencies. |
| 16 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 4 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 1000+ Stock CFDs | Based on shares of US, UK and EU companies. |
GTCFX is a globally recognized forex and CFD broker operating under a network of related companies, each registered and regulated in multiple jurisdictions. The group includes GTCFX AU (regulated by ASIC in Australia), GTCFX UK (regulated by the FCA in the United Kingdom), GTCFX SA (regulated by the FSCA in South Africa), GTCFX UAE (regulated by the DMCC in Dubai, GTCFX MU (regulated by the FSC in Mauritius), and GTCFX VU (regulated by the VFSC in Vanuatu).
It's important to note that the UK and Australian branches operate under strict trading limitations, including leverage caps, due to ESMA and ASIC regulations. By contrast, the South African, Mauritian, and Vanuatuan branches offer fewer constraints and greater leverage, making them attractive for traders looking for more flexible conditions, including very high trading leverage of up to 1:2,000.
GTCFX accepts clients from around the world, excluding the United States and countries under OFAC sanctions. This broad availability ensures that the broker is accessible to a diverse and global clientele.
One thing that stands out about GTCFX is its commitment to education and market analysis. The broker provides market insights prepared by experienced analysts, including weekly webinars, live market analysis sessions, and technical analysis tutorials in both English and Hindi.
When it comes to trading instruments, GTCFX delivers an impressive range. The broker offers over 60 currency pairs, covering all major and minor combinations. It also provides 16 index CFDs based on major stock market indices. Precious metals traders can access CFDs on gold, silver, platinum, and palladium, while energy trading is available through CFDs on WTI and Brent crude oil, as well as natural gas. Perhaps most notably, GTCFX stands out in its stock CFD offering, with more than 1,000 shares available from companies listed on stock exchanges in the US, UK, and EU.
GTCFX supports trading via both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, allowing traders to choose their preferred interface. Both platforms offer advanced charting and technical analysis tools, algorithmic trading capabilities (known as Expert Advisors), and access across desktop, web, and mobile devices. Execution is fast and reliable, with spreads and commissions varying depending on the account type selected.
As most forex brokers, GTCFX offers multiple account types suited to different trader needs. These range from a Standard account with no minimum deposit for beginners, to a Pro account with spreads from just 0.9 pips, and an ECN account with even lower spreads but commissions on all trades. Swap-free Islamic accounts are also available for clients who require them. Which one is the best fit ultimately depends on each individual's trading style and account size.
Additionally, GTCFX offers a proprietary PAMM (Percent Allocation Management Module) trading pool for investors who prefer to allocate funds to more experienced money managers who will then trade on their behalf.
Funding options include major credit and debit cards, bank transfers, and several popular e-wallets. There is also an option to fund accounts with crypto using Bitcoin (BTC) or the stablecoin Tether (USDT). Deposits and withdrawals are generally processed promptly, with minimal to no fees.
In conclusion, we see GTCFX as a well-rounded and highly flexible forex broker that could potentially suit the needs of most traders. With its focus on education and providing useful technological solutions, it is also an interesting broker to consider for newer traders who are still learning the game. At the same time, more experienced traders can potentially profit from the copy trading functionality, as well as the PAMM account structure.
