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Rating Index

Pros

[Claims to offer a variety of trading options and tools for traders.]

[Promotes a user-friendly platform for trading.]

[May appeal to traders looking for high leverage opportunities.]

Cons

[No regulatory license, raising concerns about the safety of funds.]

[Negative reputation and multiple reports of scams associated with the broker.]

[Website inactivity and lack of transparency regarding operations and ownership.]

GWIT broker Accounts

GWIT Account Types

GWIT (Giant Wave Information Technology) offers several types of trading accounts tailored to different investment needs. The accounts are categorized based on the minimum deposit required, spread rates, and leverage options. Here are the available account types:

Standard Account

Minimum Deposit: €100
Spreads from: 0.7
Max Leverage: 1:30
Forex Commissions: 0 €/$
Margin Call Level: 100%
Stop Out Level: 50%

Silver Account

Minimum Deposit: €1,000
Spreads from: 0.6
Max Leverage: 1:30
Forex Commissions: 0 €/$
Margin Call Level: 100%
Stop Out Level: 50%

Gold Account

Minimum Deposit: €5,000
Spreads from: 0.5
Max Leverage: 1:30
Forex Commissions: 0 €/$
Margin Call Level: 100%
Stop Out Level: 50%

VIP Account

Minimum Deposit: €20,000
Spreads from: 0.4
Max Leverage: 1:30
Forex Commissions: 0 €/$
Margin Call Level: 100%
Stop Out Level: 50%

Professional Account

Minimum Deposit: €50,000
Spreads from: 0.3
Max Leverage: 1:200
Forex Commissions: 4 €/$
Margin Call Level: 80%
Stop Out Level: 15%

GWIT Broker Account Opening Process

Opening an account with GWIT involves a straightforward process, although specific details on the exact steps are not provided in the available information. Generally, the account opening process includes the following steps:

Visit the Website: Go to the official GWIT website.
Choose Account Type: Select the type of account you wish to open based on your investment needs and the required minimum deposit.
Fill Out Application: Complete the online application form with your personal and financial details.
Submit Documentation: Provide necessary identification and verification documents as required by the broker.
Account Verification: Wait for the broker to verify your application and documents.
Deposit Funds: Once your account is approved, make the minimum deposit to activate your trading account.
Start Trading: After funding your account, you can begin trading on the platform.