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GPP foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.gaopengwh.com/h-col-126.html, about the company's legal and temporary regulatory information, the company's address .

GPP Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
Global IMFCH LTD
Abbreviation
GPP
Company employee
--
Customer Service Email Address
2523224304@qq.com
Contact Number
4006898502
Company Website
--
QQ
2523224304
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk

Company profile

GPP Basic Information Company Name GPP Founded 2010 Headquarters New Zealand Regulations Not regulated Tradable Assets Forex, Precious Metals, CFDs Account Types Not specified Deposit Methods Bank wire transfers, UnionPay card deposits, credit card deposits (UnionPay) Trading Platforms MT4, Web-based platform, Tablet version, Mobile app Customer Support Email: info@gimfch.com; Hotline: 400-689-8502 Overview of GPP GPP, founded in 2010 and headquartered in New Zealand, operates as a financial brokerage offering trading services in the global markets. Despite its diverse range of tradable assets, including forex, precious metals, and CFDs, GPP's regulatory status is questionable, with its license revoked by the New Zealand Financial Service Providers Register. Traders benefit from multiple deposit methods and various trading platforms, such as MT4 and mobile apps, for enhanced accessibility. However, the lack of regulatory oversight and transparency raises concerns about fund security and operational integrity, limiting the broker's appeal to risk-conscious traders. Is GPP Legit? GPP was previously regulated by the New Zealand Financial Service Providers Register (FSPR) under license number 479826. However, its regulatory status is now abnormal as this license has been revoked. Traders should exercise caution and be aware of the increased risks associated with dealing with a non-regulated entity. Pros and Cons GPP presents traders with a diverse range of trading instruments and supports multiple deposit methods, offering flexibility and convenience in trading operations. Additionally, the availability of various trading platforms enhances accessibility for traders. However, the lack of regulatory oversight and transparency poses significant risks, including concerns about fund security and operational integrity. Moreover, the absence of essential information such as account types, minimum deposit requirements, and leverage ratios makes it challenging for traders to make well-informed decisions. Furthermore, the limited customer support and educational resources may hinder traders' ability to receive timely assistance and improve their trading skills effectively. Pros Cons Diverse range of trading instruments Lack of regulatory oversight increases trading risks Supports multiple deposit methods Limited information on account types and requirements Various trading platforms available Limited customer support and educational resources Trading Instruments GPP offers a range of trading instruments including Forex (foreign exchange currencies), precious metals, and CFDs (Contracts for Difference) on various financial derivatives. Here is a comparison table of trading instruments offered by different brokers: Broker GPP RoboForex FxPro IC Markets Forex Yes Yes Yes Yes Commodities Yes Yes Yes Yes Crypto No Yes Yes Yes CFD Yes Yes Yes Yes Indexes No Yes Yes Yes Stock No Yes Yes Yes ETF No Yes No Yes Options No No Yes No Deposit & Withdraw Methods GPP supports deposits through bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay). Withdrawals can be made via UnionPay, credit cards, and bank wire transfers. Trading Platforms GPP offers trading through various platforms including MT4 (MetaTrader 4), a web-based platform, tablet version, and mobile app for smartphones. Customer Support GPP provides customer support via email at info@gimfch.com and through a hotline at 400-689-8502. Conclusion In conclusion, GPP offers traders a diverse range of trading instruments and supports multiple deposit methods, enhancing flexibility and accessibility in trading activities. However, the lack of regulatory oversight and transparency presents significant risks, including concerns about fund security and operational integrity. Additionally, the absence of essential information such as account types and requirements, coupled with limited customer support and educational resources, may impede traders' ability to make well-informed decisions and effectively manage risks. FAQs Q: Is GPP a regulated broker? A: No, GPP is not regulated. Q: What trading instruments can I trade with GPP? A: GPP offers a variety of trading instruments, including forex, precious metals, and CFDs. Q: What deposit methods does GPP support? A: GPP supports multiple deposit methods, including bank wire transfers, UnionPay card deposits, and credit card deposits (UnionPay). Q: Are there any educational resources available for traders with GPP? A: Unfortunately, GPP does not provide educational resources for traders. Q: How can I contact GPP's customer support? A: You can reach GPP's customer support via email at info@gimfch.com or through the hotline at 400-689-8502. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

Rating Index

How to login to GPP?
gpp Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a gpp Account Registering for a gpp account is the first step to accessing the platform's features. Follow these detailed steps to ensure a smooth registration proces

  

Gpp Forex Broker - Complete Information Guide

  

1. Broker Overview

  Gpp broker, officially known as GPP Markets Ltd, was established in 2017. The company is headquartered in Auckland, New Zealand, and operates primarily as a private entity. GPP Markets aims to provide trading services to retail and institutional clients, focusing on the foreign exchange (forex) market. Since its inception, GPP has aimed to cater to traders looking for a reliable platform for forex trading, reflecting a commitment to developing a robust trading environment.

  The company has made strides in expanding its services and enhancing its trading platform. Notable milestones include the introduction of the MetaTrader 4 trading software, which has gained popularity among forex traders for its user-friendly interface and comprehensive trading tools. However, GPP has faced challenges, including regulatory scrutiny and user complaints, which have raised concerns about its operational practices and customer service quality.

  GPP Markets operates primarily in the forex trading sector, offering a variety of currency pairs and CFDs (Contracts for Difference) to its clients. The company's business model focuses on providing a trading platform that supports both retail and institutional trading, with a particular emphasis on forex transactions.

  

2. Regulatory and Compliance Information

  GPP Markets operates under the supervision of the Financial Markets Authority (FMA) in New Zealand. However, it is important to note that GPP Markets has faced issues regarding its regulatory status. The broker's license number is 509766, but it has been flagged as a suspicious clone by various regulatory bodies, indicating potential compliance issues.

  The regulatory status of GPP Markets has raised concerns, particularly due to its lack of a valid regulatory framework in several jurisdictions. The company claims to have measures in place for customer fund segregation, which is essential for protecting clients' investments. However, the absence of participation in investor compensation schemes further complicates the safety of funds deposited with GPP.

  GPP Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are standard practices in the financial industry. These protocols are designed to verify the identity of clients and prevent illicit activities, ensuring that the broker operates within legal frameworks.

  

3. Trading Products and Services

  GPP broker offers a range of trading products, primarily focusing on forex currency pairs. The broker provides access to a diverse selection of over 50 major and minor currency pairs, catering to the needs of forex traders. In addition to forex trading, GPP also offers CFDs on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

  The broker frequently updates its product offerings, introducing new trading instruments to meet the evolving demands of the market. GPP aims to provide a comprehensive trading experience for its clients, with a focus on both retail and institutional trading services. The broker also offers customized solutions for institutional clients, including white-label solutions and asset management services.

  Retail trading services at GPP are designed to be user-friendly, allowing traders to access the market with minimal barriers. The broker provides various account types to cater to different trading styles and preferences, ensuring that clients can find a suitable option for their trading needs.

  

4. Trading Platform and Technology

  GPP broker utilizes the widely recognized MetaTrader 4 (MT4) trading platform, which is compatible with desktop and mobile devices. The platform is known for its high level of customization, allowing traders to tailor their trading experience according to their preferences. However, GPP does not offer its own proprietary trading platform, relying instead on third-party solutions like MT4.

  The broker's MT4 platform supports various trading features, including advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). While the desktop version is fully functional, GPP's mobile application is well-designed for iOS and Android devices, providing traders with the flexibility to manage their accounts on the go.

  GPP operates its servers in multiple locations, providing a stable and secure trading environment. The broker's infrastructure is designed to support high-frequency trading and ensure low latency in trade execution. However, it is worth noting that GPP lacks more secure login options, such as two-step verification and biometric authentication, which may raise concerns regarding account security.

  

5. Account Types and Trading Conditions

  GPP broker offers several account types to accommodate different traders' needs. The standard account typically requires a minimum deposit of $100, with spreads starting from 1.5 pips. GPP also provides advanced account types, such as VIP and professional accounts, which offer lower spreads and additional features for experienced traders.

  The broker supports various trading conditions, including leverage ratios that can reach up to 1:200, depending on the account type and asset class. The minimum trade size is generally set at 0.01 lots, allowing traders to enter the market with smaller positions. GPP's overnight fees are competitive, but they vary based on the asset class and market conditions.

  For traders seeking to practice their strategies, GPP offers a demo account option, allowing users to familiarize themselves with the trading platform without risking real funds. This feature is particularly beneficial for new traders looking to build their confidence before entering live markets.

  

6. Fund Management

  GPP broker supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies depending on the account type, with standard accounts typically requiring a minimum of $100. Deposit processing times are generally quick, with most methods being processed within one business day.

  While GPP does not charge deposit fees for most methods, it is advisable for clients to check the specific terms associated with their chosen payment method. Withdrawal options include bank transfers and e-wallets, with processing times ranging from one to five business days, depending on the method used.

  GPP imposes certain limitations on withdrawals, which may include minimum withdrawal amounts and potential fees, especially for expedited processing. Clients are encouraged to review the broker's withdrawal policies to ensure they understand any associated costs.

  

7. Customer Support and Educational Resources

  GPP broker provides customer support through multiple channels, including phone, email, and live chat. The support team is available during business hours, covering various time zones to assist clients globally. GPP offers support in multiple languages, including English and Chinese, catering to a diverse client base.

  In addition to customer support, GPP broker offers a range of educational resources to help traders enhance their skills and knowledge. These resources include webinars, tutorials, and eBooks covering various trading strategies and market analysis techniques. The broker also provides daily market analysis and research reports to keep clients informed about market trends.

  GPP's trading tools include calculators, economic calendars, and trading signals, which are designed to assist traders in making informed decisions. These tools are accessible through the broker's website and trading platform, enhancing the overall trading experience.

  

8. Regional Coverage and Restrictions

  GPP broker primarily serves clients in New Zealand and other regions where it holds regulatory approval. The broker has established a presence in several key markets, including Asia and Australia, but it may not accept clients from certain jurisdictions due to regulatory restrictions.

  The broker's regional offices are located in Auckland, New Zealand, and it has plans to expand its services to additional markets. However, GPP does not accept clients from countries with strict regulations against forex trading, which may include the United States and certain European nations.

  In summary, GPP broker aims to provide a comprehensive range of trading services while maintaining compliance with regulatory standards. However, potential clients should carefully review the broker's terms and conditions, as well as its regulatory status, before opening an account to ensure a safe and secure trading experience.

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GPP Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.66, Software Index 4.00 Risk Control Index 0.00.