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BTTGMM Limited

WikiFX | 2024-10-10 14:35

Abstract:BTTGMM Limited's domain was registered in 2023 and offers trading services in forex, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs), etc. However, its website is currently unavailable, leaving very limited transparency about its trading conditions. We are not certain about its current operational status due to this. Moreover, the absence of regulation further exacerbates its credibility and legality.

Note: BTTGMM Limited's official website: https://www.bttgmmltd.com/ is currently inaccessible normally.

BTTGMM Limited Review Summary
Founded2023
Registered Country/RegionChina
RegulationNo regulation
Market InstrumentsForeign exchange, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs)
Demo Account/
LeverageRange 1:100-1:500
SpreadStart from 1 point
Min Deposit/
Trading PlatformST5
Customer SupportTel: +4402074665665
Email: sopport@tpdc9.com

BTTGMM Limited Information

BTTGMM Limited's domain was registered in 2023 and offers trading services in forex, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs), etc. However, its website is currently unavailable, leaving very limited transparency about its trading conditions. We are not certain about its current operational status due to this. Moreover, the absence of regulation further exacerbates its credibility and legality.

BTTGMM Limited's homepage

Is BTTGMM Limited Legit?

No license

The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

Downsides of BTTGMM Limited

Unavailable website: BTTGMM Limited's website cannot be opened currently.

Regulatory concerns: The company operates without any regulations, meanig that it does not comply to rules from any regulatory authorities. This heightens trading risks with them.

Lack of transparency: The broker does not openly reveal trading conditions such as account details, minumum deposit, commissions, funding methods and fees, etc.

What Can I Trade on BTTGMM Limited?

BTTGMM Limited claims to offer trading services in several main asset classes: forex, commodities, cryptocurrencies, stocks and contracts for difference (CFDs)

  1. Forex: Trade global currencies to capitalize on the dynamic forex market. Popular and most traded pairs include EURUSD, AUDUSD, etc.
  2. Commodities: Diversify your portfolio with essential commodities such as precious metals and energy products like crude oil.
  3. CFDs (Contract for Difference): Financial derivative that allows traders to speculate on the price movements of assets without owning the underlying asset, enabling profit from both rising and falling markets.
  4. Stocks: Stocks represent shares of ownership in companies such as Apple, Amazon, Tesla, etc., allowing investors to participate in its profits and growth.
  5. Cryptocurrencies: Trade digital currencies like Bitcoin and Ethereum, tapping into the evolving crypto landscape.

One of the key principles of trading is never putting all your eggs in one basket, so diversifying your portfolio is of great importance. Choose several products at one time to scatter risks.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Shares✔
ETFs❌
Bonds❌
Mutual Funds❌

Accounts

The broker does not explicitly disclose the necessary information about its account types and minimum deposit requirements.

A little fragmental information about leverage and spreads is gathered from its FAQ section: leverage ranges from 1:100 to 1:500, spreads are floated from one point. Margin call level is 100% and stop out level is 50%. Other key info such as commissions and support funding methods are not avaialble.

Accounts

Trading Platform

BTTGMM Limited claims to offer the relatively popular ST5 trading platform know for its intuitive interface and analysis trading tools.

ST5

Conclusion

Generally speaking, BTTGMM Limited is not a recommended broker. Its operation without regulation implies less compliance to financial rules and unavailable website leaves no window for customer to know about the company. Furthermore, the lack of transparency on its trading conditions affects overall trading experience and trust in the platform.

Therefore, staying far away from such possible scam brokers and turning to a regulated and reputable broker is a better choice to protect your hard-earned funds.

Related broker

No Regulation
BTTGMM Limited
Company name:BTTGMM Limited
Score
1.35
Website:https://www.bttgmmltd.com/en/index
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.35

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