GNY Prime-Overview of Minimum Deposit, Spreads & Leverage

General Information

GNY Prime is said to be incorporated and registered in London, UK. GNY Prime advertises that it offers access to a broad and diverse range of financial markets including CFDs, indices, precious metals, energy, cryptocurrencies and Forex. However, there is zero evidence that GNY Prime is regulated.

Markets Instruments

Tradable financial instruments available on the GNY Prime platform include forex currency pairs, stock CFDs, Metals, commodities, crypto currencies, and indices.

Minimum Deposit

GNY Prime does not indicate its minimum initial deposit. However, considering the fact that GNY Prime is still ridiculously shady – it is meaningless to invest with it at all.

Leverage

Trading leverage vary depending on particular instruments: 1:500 for forex trading, 1:100 for indices and commodities trading. Unlicensed brokers like GNY Prime are not subject to any kind of regulation, they still provide the high amounts, seeking to attract clients.

Spreads & Commissions

Spreads on the Standard and Pro account start from 2 pips and 3 pips, respectively, no commissions charged. . The Zero account offers the spreads from 0 pips, with a commission of $7 per lot

Trading Platform Available

GNY Prime provides access to a distribution of the highly acclaimed Metatrader 5 platform. The MetaTrader 5 trading platform is currently the most widely used foreign exchange trading software in the world, and GNY Prime provides multiple types of clients to meet more customer needs. With only one account, you can use PC, tablet, smart phone, or directly on the browser to choose any method that suits you to conduct transactions without any restrictions.

Deposit& Withdrawal

GNY Prime accepts deposits via credit cards – they provide you with the unique opportunity to file a chargeback should something go wrong with the broker. Make sure to keep that in mind and use it if the need arises.

Customer Support

The GNY Prime customer support can reached through email: support@gnyprime.com, telephone: +612 7908 6874, and GNY Prime seems to provide live chat, but it need you to fill in your email and they will contact you later. GNY Prime address: Unit G1, Capital House, 61 Amhurst Road, London, United Kingdom, E8 1LL