GMT Investments

General Information & Regulation

GMT Investments is allegedly a forex and CFD broker registered in Estonia that claims to provide its clients with over 120 tradable financial instruments with leverage up to 500:1 and variable spreads from 0.0 pips on the industry-standard MetaTrader5 trading platform, as well as a choice of five different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that GMT Investments does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.09/10. Please be aware of the risk.

Market Instruments

GMT Investments advertises that it offers access to more than 120 trading instruments, including more than 80 FX pairs, CFDs on stocks and shares, commodities, indices, energies, spot metals like Gold, and cryptocurrencies like Bitcoin and Ethereum.

Account Types

GMT Investments claims to offer five types of trading accounts, namely Bronze, Silver, Gold, Premium and Platinum. The minimum initial deposit amount is extremely high-$10,000 for the Bronze account, while the other four account types have much higher minimum initial capital requirements of $25,000, $50,000, $100,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

The leverage provided by GMT Investments is capped at 500:1. 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.

Spreads

GMT Investments claims to offer spreads from 0.0 pips.

Trading Platform Available

The platform available for trading at GMT Investments is the worlds most widely-used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

GMT Investments says to work with credit cards such as Visa, MasterCard and Maestro, and Bank Transfer. The minimum initial deposit requirement is said to be $250, while there is no mention of what the minimum withdrawal amount is. The broker also charges 5% withdrawal fees on credit cards, while no fees on Bank Transfer. As for the processing time of deposit and withdrawal requests, credit cards are instant, while Bank Transfer requires 1-3 business days.

Bonuses

GMT Investments website claims to offer a 100% deposit bonus. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

Customer Support

GMT Investments customer support can be reached by telephone: +442045773976, email: +442045773976 (EN), +442031500727 (FR) or send messages online to get in touch. Company address: Harju maakond, Tallinn, Nõmme linnaosa, Rännaku pst 12, 10917.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.