Rating Index
Pros
Diversified services, including foreign currency exchange, corporate foreign exchange, and currency risk management, catering to various financial needs.
Multiple communication channels available for customer support, including phone, email, and social media, enhancing accessibility for clients.
The fxpert platform provided by GPS offers a robust trading environment with management tools for handling a wide range of foreign exchange transactions.
Cons
The broker operates under an exceeded FCA license, which raises significant regulatory concerns and potential legal implications.
Limited trading platform options may restrict clients who prefer diverse trading environments and strategies.
The lack of proper regulation may expose clients to higher risks and uncertainties regarding the safety of their investments.
GPS broker Accounts
Part-Sgps Account Types
Part-Sgps offers three types of trading accounts, each designed to cater to different trading needs and capital levels:
- Standard Account:
- Minimum Deposit: $5,000
- Spread: 2.5 pips
- Leverage: Up to 1:200
- Premium Account:
- Minimum Deposit: $20,000
- Spread: 2.1 pips
- Leverage: Up to 1:200
- VIP Account:
- Minimum Deposit: $60,000
- Spread: 1.5 pips
- Leverage: Up to 1:200
- Visit the Website: Go to Part-Sgps.
- Choose Account Type: Select the type of account you wish to open (Standard, Premium, or VIP).
- Fill Out Application: Complete the online application form with your personal details, including your name, email, phone number, and desired account type.
- Deposit Funds: Make the required minimum deposit for your chosen account type.
- Submit Documentation: Provide any necessary identification and verification documents as requested by the broker.
- Account Activation: Wait for your account to be verified and activated, which can take several business days.
All account types have a maximum leverage of 1:200, but they require significantly higher minimum deposits compared to industry standards, which typically range from $100 to $250.
Part-Sgps Broker Account Opening Process
To open an account with Part-Sgps, follow these steps:
Note that Part-Sgps does not offer a free demo account, which may be a consideration for potential traders.
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