General Information & Regulation
GTC Global Trade Capital Limited (“GTC”) is a global finance forex brokerage company registered, supervised, and authorized by the Vanuatu Financial Services Commission of the Republic of Vanuatu Company license number: 40534. The Registered Office: First-floor B&P House, Kumul Highway, Port Vila, Vanuatu. GTC provide services to residents of certain countries, including but not limited to Canada (Provinces of British Columbia, Quebec, and Saskatchewan), Iran and United States of America (USA), or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Market Instruments
GTC provides investors with a wealth of trading products, including forex pairs, precious metals, energy, bitcoin and other cryptocurrencies, U.S. stocks, and indices.
GTC Minimum Depsoit
GTC provides trader with two trading accounts in total: the Standard account, and the ECN account. The minimum initial deposit for the Standard account is up to $1,000,which is considered high, not the good option for most regular traders to get started. Many other brokers, actually, only requires an initial deposit of around $100 to $200. However, as GTC website displayed , the minimum cost of opening a mini account is $10.
GTC Leverage
In terms of trading leverage, the default leverage level is 1:100, but professional traders can apply for the higher leverage of up to 1:200. Margin trading is quite pretty, so inexperienced tarders are advised not to use this high leverage in case of heavy fund losses.
Spread & Commissions
In the Standard account, the spread on EUR/USD is from 1.2 pips, BGP/USD spread from 1.8 pips, USD/JPY spread from 1.8 pips, USD/AUD from 1.5 pips, USD/CAD 1.5 pips, the minimum spreads on EUR/GBP from 15 pips, with no additional commissions charged for forex trading. The minimum spread on EURUSD pair in the ECN account from 0 pips, with commissions charged in light of volume traded. Major pairs like EURUSD requires a commission of $0.0299 per 1,000 USD traded, a commission of $0.299 per 10,000 USD traded. While for the other instruments, a commisson of $0.0499 per 1,000 traded, and $0.499 per 10,000 traded.
Trading Platforms
GTC provides traders with market-leading MT4 and MT5 trading platforms. MT4 & MT5 trading platforms are widely used by most brokers and traders in the world, simple to operate with a clear interface. One account can be logged into multiple terminals, which is convenient for traders to control and view accounts in real time and conduct transactions anytime, anywhere.
Deposit & withdrawal
GTC's deposit is instantly credited to the account, allowing users to deposit and withdraw funds through savings cards, VISA, Mastercard, USDT and other methods. The user must make a single deposit of more than US$20 each time. GTC Zehui Capital will not charge any additional commissions and handling fees for the user's deposit and withdrawal, but the bank will charge a certain transfer fee. Withdrawals are generally received within 1-2 working days.
Customer Support
The GTC customer support can be reached through email, telephone as well as live chat support available 24/7, as well as Skype, whatsapp, QQ and some social media platform like Facebook, Twitter, Instagram and Linkedin.