Search

For more information about Global Trade Capital Forex Broker company profile, come to WikiBit!

Rating Index

Pros

You can open an account with a low minimum deposit of $10.
The broker offers high leverage options, up to 1:1000, which can appeal to risk-tolerant traders.
The trading platform is user-friendly and supports automated trading through MetaTrader 4.

Cons

Global Trade Capital is unregulated, raising concerns about the safety of investors' funds.
The broker has limited payment methods, only accepting credit/debit cards and bank wire transfers.
There are reports of difficulties in withdrawing funds, which is a common red flag for potential scams.

Global Trade Capital Company

Global Trade Capital Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Global Trade Capital Company (GTC) was founded on June 2, 2017. The company emerged in response to the growing demand for accessible trading platforms that cater to various financial instruments, including forex, stocks, and cryptocurrencies.

Parent Company/Ownership Structure

While specific details about the ownership structure are not widely available, GTC operates independently and does not appear to be a subsidiary of any larger financial entity. This independence may impact its regulatory oversight and operational practices.

Headquarters Location

The company's registered office is located at Unit 46, Cariocca Business Park, 2 Sawley Road, Miles Platting, Manchester, United Kingdom (M40 8BB). However, it is essential to note that GTC's operational status is currently dissolved as of November 5, 2019, which raises questions about its ongoing activities.

Global Business Scope

GTC aims to provide trading services to a global audience, focusing on various markets, including forex, cryptocurrencies, and commodities. The company has positioned itself to cater to both novice and experienced traders by offering a user-friendly platform and a range of trading options.

Main Regulatory Bodies

As of now, Global Trade Capital Company is not regulated by any recognized financial authority, which significantly impacts its credibility and the safety of client investments. The lack of regulatory oversight is a critical factor for potential investors to consider.

2. Company History and Development

Key Milestones

  • 2017: Global Trade Capital Company was established, marking its entry into the financial trading sector.
  • 2019: The company was officially dissolved, indicating a significant operational change that may have affected its ability to serve clients.

Business Expansion Journey

Although GTC was launched with the intent to expand its services, the dissolution status raises concerns about its ability to grow and adapt in the competitive trading landscape.

Customer Base Growth

Prior to its dissolution, GTC aimed to attract a diverse customer base, including retail traders interested in forex and cryptocurrency markets. However, the lack of recent data makes it difficult to assess actual customer base growth.

Platform Development History

GTC's trading platform was designed to facilitate easy access to various financial instruments. However, further details regarding its technological advancements or updates are not available due to the company's current status.

Important Awards or Recognitions Received

There is no publicly available information regarding any awards or recognitions that Global Trade Capital Company may have received during its operational period.

3. Trading Services Offered

Forex Trading Options

GTC offered a selection of forex trading options, including various currency pairs. However, specific numbers or details regarding the range of currency pairs available are not disclosed.

Stock Trading Options

Details about stock trading options provided by GTC are limited, and the company's current operational status complicates any assessment of its offerings in this area.

CFD Trading Products

The company included Contract for Difference (CFD) trading in its portfolio, allowing traders to speculate on price movements of various assets without owning the underlying asset.

Other Financial Instruments

GTC aimed to provide access to other financial instruments, including cryptocurrencies and commodities. However, the specifics of these offerings are unclear given the company's dissolved status.

Special Services or Unique Advantages

GTC promoted itself as a platform that combined educational resources with trading capabilities, aiming to empower traders with knowledge. The absence of current operational details limits the assessment of any unique advantages.

Detailed Regulatory Information

Global Trade Capital Company is not currently regulated by any recognized financial authorities. This lack of oversight raises significant concerns regarding investor protection and the legitimacy of the company's operations.

Given the dissolution status and lack of regulatory information, it is challenging to outline a clear legal entity structure for GTC. The companys operations appear to be limited to the UK.

Client Fund Protection Measures

Due to the absence of regulatory oversight, there is no information available regarding client fund protection measures that GTC may have implemented.

Countries/Regions Served

While GTC aimed to serve a global clientele, the specifics of its operational reach are unclear, particularly in light of its dissolved status.

Compliance History

There is no available compliance history for Global Trade Capital Company, which further complicates the assessment of its reliability and operational integrity.

5. Competitive Landscape

3-5 Main Competitors

  1. IG Group: A well-established trading platform offering a wide range of financial instruments and regulatory oversight.
  2. eToro: Known for its social trading features, eToro provides a user-friendly platform for both novice and experienced traders.
  3. Plus500: A popular CFD trading platform that offers a diverse selection of trading instruments with strong regulatory backing.

Positioning in the Industry

Global Trade Capital Company attempted to position itself as a versatile trading platform catering to different types of traders. However, its lack of regulatory oversight and current dissolved status hinder its competitive positioning.

Market Differentiation Factors

GTC aimed to differentiate itself through educational resources and a user-friendly interface. However, the absence of operational data and regulatory backing limits its ability to stand out in a crowded market.

Conclusion

In summary, Global Trade Capital Company was established with the intent to provide trading services across various financial instruments. However, its current dissolved status, lack of regulatory oversight, and limited operational history raise significant concerns for potential investors. As always, it is crucial for traders to conduct thorough research and consider regulatory aspects before engaging with any trading platform.

For more information, please refer to [learn more].