FXGBPMARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 11:54

Abstract：FXGBPMARKETS, an unregulated trading platform based in the United Kingdom, offers a range of market instruments including forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices. With a maximum leverage of 1:500 and a minimum deposit requirement of €50, FXGBPMARKETS provides the MT4 trading platform for clients. However, the unavailability of their official website and lack of regulation raise concerns about the credibility and transparency of FXGBPMARKETS.

　　Note: FXGBPMARKETS's official website: https://www.fxgbpmarkets.com/ is currently inaccessible normal.

FXGBPMARKETSReview Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices
Demo Account	/
Leverage	1:500
Spread	/
Trading Platform	MT4
Min Deposit	€50
Customer Support	Phone: +442037694830
Customer Support	Email: customer.service@fxgbpmarkets.com

　　FXGBPMARKETS, an unregulated trading platform based in the United Kingdom, offers a range of market instruments including forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices. With a maximum leverage of 1:500 and a minimum deposit requirement of €50, FXGBPMARKETS provides the MT4 trading platform for clients.

　　However, the unavailability of their official website and lack of regulation raise concerns about the credibility and transparency of FXGBPMARKETS.

Pros & Cons

Pros	Cons
Wide range of tradable assets	Unregulated
	Lack of transparency
	Unfunctional website

Is FXGBPMARKETS Legit?

　　No, FXGBPMarkets are not properly licensed and their operations are totally illegal on regulated markets like the UK and the EU.

What Can I Trade on FXGBPMARKETS?

　　FXGBPMARKETS claims to provide multiple trading instruments. These include forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices.

Trading Asset	Available
forex	✔
commodities	✔
indices	✔
shares	✔
cryptocurrencies	✔
futures	✔
bonds	❌
options	❌
ETFs	❌

Leverage

　　FXGBPMARKETS offers a maximum leverage of 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　FXGBPMARKETS accepts deposits viacredit cards, debit cards, and wire transfers. The minimum deposit required is €50.

　　In terms of withdrawal, FXGBPMARKETS offers bank transfers and cryptocurrencies as options for withdrawing funds from a trading account. Requests for withdrawals are processed within 5 days.