Abstract:Given that we have no information about the origins of the GFT trading platform, and the fact that it has only been operating for less than a year, it is evident that this is likely a fleeting, ephemeral trading platform with little to no industry reputation. The short operating history makes it challenging for such a platform to have established a credible reputation within the industry. Therefore, it can be reasonably inferred that this is simply a temporary, here-today-gone-tomorrow type of trading platform with no long-term sustainability.
Given that we have no information about the origins of the GFT trading platform, and the fact that it has only been operating for less than a year, it is evident that this is likely a fleeting, ephemeral trading platform with little to no industry reputation. The short operating history makes it challenging for such a platform to have established a credible reputation within the industry. Therefore, it can be reasonably inferred that this is simply a temporary, here-today-gone-tomorrow type of trading platform with no long-term sustainability.
WikiFX has given a relatively low score of only 1.02 out of 10 to this broker. This suggests that GPT does not possess the necessary credentials, financial stability, or operational transparency that one would expect from a reliable and trustworthy trading platform.
OTA Market's official website at https://gftplat.com/ is currently non-functional. When attempting to access this URL, the page fails to load properly, and ultimately results in a connection failure message.
Overall, GPT is an unregulated broker with a low score. Traders should exercise extreme caution when dealing with this broker. To learn more about the regulatory status and operational details of other brokers, please visit the WikiFX website.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.