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 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.
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.
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.
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.
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.
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.
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.
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.
玥茗
Hong Kong
The platform didn't give access to withdrawal, keeping holding off.
Exposure
2020-02-12
贝壳找房 德佑旗舰店--李美惠
Hong Kong
There is a severe slippage since the platform doesn’t stop loss or take profit as expected! It is a rip-off. Stay away.
Exposure
2019-12-20
FX1149288841
Hong Kong
The withdrawal can’t be transferred to my bank account!
Exposure
2020-10-14