English

GPS Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.gpsfx.co..., the company's legitimate regulatory information United KingdomFCAInvestment Advisory License to enhance the security of the company's address 10813 South River Front Parkway, Suite 400 South Jordan, Utah 84095

GPS Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

GPS Capital Markets, Inc

Abbreviation

GPS

Company employee

Customer Service Email Address

info@gpsfx.com

Contact Number

+108006526162

Company Website

https://www.gpsfx.com/

Company address

10813 South River Front Parkway, Suite 400 South Jordan, Utah 84095

https://www.linkedin.com/company/gps-capital-markets-inc-

Keywords

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

Company profile

GPS Review Summary Founded 2002 Registered Country/Region United Kingdom Regulation FCA (Exceeded) Products & Services Foreign Currency Exchange, Balance Sheet Hedging, Corporate Foreign Exchange, International Payments, and Currency Risk Management Trading Platforms FXpert platform Minimum Deposit N/A Customer Support Phone, email, Facebook, YouTube, Linkedin, online messaging What is GPS？ GPS Capital Markets, founded in 2002 and headquartered in the United Kingdom, is a provider of foreign exchange products and services. Their FXpert platform serves as a robust trading platform for clients. With a global presence spanning 10 US cities, the UK, and Australia, GPS Capital Markets distinguishes itself by catering to small startups, middle market firms, and multinational corporations. However, its license has been exceeded. If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics. Pros & Cons Pros Cons Diversified Services FCA (Exceeded) Multiple communication channels Limited Trading Platform Options FXpert platform provided Pros of GPS Capital Markets: - Diversified Services: GPS Capital Markets offers a wide range of services, such as foreign currency exchange, corporate foreign exchange, international payments, and currency risk management, allowing clients to meet various financial needs. - Multiple Communication Channels: GPS Capital Markets provides clients with multiple communication channels, including phone, email, social media, and online messaging, making it convenient for clients to reach out for support and assistance. - FXpert Platform Provided: The FXpert platform offered by GPS Capital Markets is a dedicated trading platform that can streamline and enhance the management of foreign exchange transactions for clients. Cons of GPS Capital Markets: - FCA (Exceeded):GPS isoperated beyond the permissible business scope governed by the Financial Conduct Authority (FCA) can pose significant risks and legal implications for a brokerage firm.This means it may face penalties, fines, license suspension, or even revocation by the regulatory authority. - Limited Trading Platform Options: Clients who rely solely on the FXpert platform provided by GPS may face a risk of platform dependency, as having alternative platform options can offer diversity and flexibility in trading strategies. Is GPS Safe or Scam？ This brokerage firm operates beyond the permissible business scope governed by The Financial Conduct Authority (FCA) under license number 605598, as it holds an Investment Advisory License Non-Forex License. When contemplating investment opportunities with GPS, conducting thorough research becomes paramount in evaluating the associated risks and rewards before committing to any decisions. In essence, investing with brokers that fall within established regulatory frameworks is highly advised to ensure adequate protection of your capital. Prioritize working with well-regulated entities to mitigate risks and enhance the security of your investments. By exercising due diligence and prudence in your investment decisions, you can make informed choices that align with your financial goals and risk tolerance levels. Remember, the safety and protection of your investment capital should always remain a top priority in the volatile landscape of financial markets. Products & Services GPS Capital Markets offers a comprehensive suite of products and services designed to meet the diverse FX needs of businesses. Their offerings include Foreign Currency Exchange, Balance Sheet Hedging, Corporate Foreign Exchange, International Payments, and Currency Risk Management. GPS offers Foreign Currency Exchange, providing clients with transactions for converting currencies with precision and efficiency. Through Balance Sheet Hedging solutions, GPS helps companies mitigate risks associated with currency fluctuations by developing customized strategies that align with their financial objectives. GPS also provides individualized customer service, where a team of dedicated professionals offers personalized guidance and support at every step of the FX process. Whether it is Corporate Foreign Exchange services for multinational corporations or facilitating International Payments for global transactions, GPS ensures that each client receives tailored solutions that address their specific needs and challenges. Moreover, GPS specializes in Currency Risk Management, providing proactive insights on market trends and strategic advice on risk mitigation strategies to safeguard clients against unforeseen market fluctuations. Trading Platforms FXpert is a platform provided by GPS that offers a comprehensive suite of management tools for handling a wide range of foreign exchange (FX) transactions, from basic SPOT transactions to complex hedging strategies. The platform allows users to manage contracts in a unified portal, conduct netting within the system, and issue individual trade confirmations to each subsidiary, enabling sub-level hedging while ensuring compliance with GAAP and IFRS standards. Fatures and capabilities of FXpert include: - Managing CASH, TOM, and SPOT transactions - Performing split payments - Utilizing treasury management tools - Implementing cash flow hedging - Executing balance sheet hedging and generating balance reporting - Facilitating intercompany netting to streamline transactions between subsidiaries FXpert also provides expertise in balance sheet hedging, offering customized strategies to mitigate risk and automate the hedging process. Additionally, the platform leverages data analytics and 25 years of trading experience to optimize pricing and enhance transaction management. GPS, as a full member of the SWIFT network, ensures reliable transaction processing with A1P1 rated counterparties. Moreover, FXpert supports cash flow hedging by enabling users to create accurate cash flow forecasts, evaluate exposure globally, and manage exposures across multiple currencies and entities. The platform offers 24/7 expert support, helping users enhance hedging confidence and efficiency over time. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: APAC: 1-800-844-873 CA: 1-416-907-0675 EU: 1-370-5-214-3168 UK: 0-800-652-6162 US: 1-800-459-8181 Email: info@gpsfx.com Address: 10813 South River Front， Parkway, Suite 400， South Jordan, UT 84095 Moreover, clients could get in touch with this broker through the social media, such as Facebook, YouTube and Linkedin. GPS offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders. Conclusion In summary, GPS Capital Markets caters to a diverse clientele ranging from small startups to multinational corporations. GPS Capital Markets offers diversified services and provides multiple communication channels and the FXpert platform, but there are considerations such as limited trading platform options and potential challenges related to platform dependency and the learning curve that clients should be aware of. Frequently Asked Questions (FAQs) Q 1: Is GPS regulated by any financial authority？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at GPS？ A 2: You can contact via phone, email. Facebook, YouTube, Linkedin, online messaging. Q 3: What platform does GPS offer？ A 3: It offers FXpert Platform. Q 4: What services and products GPS provides？ A 4: It provides Foreign Currency Exchange, Balance Sheet Hedging, Corporate Foreign Exchange, International Payments, and Currency Risk Management. 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. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

GPS broker review

Is GPS safe or scam

Rating Index

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gps Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online platforms can be challenging, especially when it comes to registration, account opening, and login processes. This comprehensive guide will provide you with all the necessary steps to succes

GPS Forex Broker - Complete Information Guide

1. Broker Overview

　　GPS Capital Markets, founded in 2002, is a prominent player in the foreign exchange trading sector, headquartered in the United Kingdom. The firm operates as a private entity, providing a diverse range of forex-related services to a global clientele. With a focus on serving small startups, middle-market firms, and multinational corporations, GPS Capital Markets has established a reputation for catering to various financial needs.

　　Over the years, GPS has marked significant milestones, including expanding its operational footprint across 10 cities in the United States, as well as in the UK and Australia. The company has continually evolved its offerings, adapting to the dynamic nature of the forex market. Its primary business model includes retail forex trading and institutional services, ensuring it meets the diverse demands of its clientele.

　　The firm operates under the brand name "GPS broker," which has become synonymous with reliable forex trading services. As it continues to grow, GPS remains committed to providing innovative solutions that enhance the trading experience for its users.

2. Regulatory and Compliance Information

　　GPS Capital Markets is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding an investment advisory license. The regulatory number associated with this license is 605598. However, it is essential to note that the firm's license has been marked as exceeded, indicating that it may be operating beyond the permissible scope set by the FCA.

　　The regulatory framework governing GPS includes various compliance measures aimed at safeguarding client interests. The firm implements a Client Money Protection policy, ensuring that client funds are kept separate from the companys operational funds. This segregation of funds is critical in maintaining client trust and ensuring financial security.

　　GPS Capital Markets adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, ensuring that all customer identities are verified and that transactions are monitored for suspicious activity. This compliance framework is vital for maintaining the integrity of the financial services industry and protecting against illicit activities.

3. Trading Products and Services

　　GPS Capital Markets offers a comprehensive suite of trading products and services tailored to meet the diverse needs of its clients. The firm provides access to a wide range of currency pairs, including major, minor, and exotic pairs. The exact number of forex pairs available is not specified, but the firm ensures that clients have access to the most liquid and traded currencies in the market.

　　In addition to forex trading, GPS offers Contract for Difference (CFD) products across various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse range of products allows clients to engage in various trading strategies and capitalize on market movements.

　　The firm is known for its balance sheet hedging services, corporate foreign exchange solutions, and international payment facilitation. These services are designed to help businesses manage currency risk and optimize their financial operations. GPS Capital Markets also provides tailored solutions for multinational corporations, ensuring that their foreign exchange needs are met efficiently.

　　The frequency of product updates and the introduction of new trading instruments is not explicitly stated, but the firm is committed to staying current with market trends and client demands.

4. Trading Platforms and Technology

　　GPS Capital Markets primarily utilizes the FXpert trading platform, a proprietary solution designed to facilitate foreign exchange transactions. The platform is equipped with a suite of management tools that enable users to handle a variety of forex transactions, from basic spot transactions to complex hedging strategies.

　　While GPS does not offer support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5), the FXpert platform provides a robust alternative for traders. The platform allows for seamless execution of trades, comprehensive reporting, and compliance with financial standards such as GAAP and IFRS.

　　In addition to the desktop platform, GPS Capital Markets offers a web-based trading solution and mobile applications, ensuring that traders can access their accounts and manage their trades on the go. The firm employs advanced technology and infrastructure, including strategically located servers to enhance execution speed and reliability.

　　The platform also supports API access for automated trading solutions, allowing clients to integrate their trading strategies with third-party applications and tools, thereby enhancing their trading capabilities.

5. Account Types and Trading Conditions

　　GPS Capital Markets provides various account types to cater to different trading needs. The standard account conditions include a minimum deposit that is not explicitly stated, spreads, and commissions that vary based on account type and trading volume.

　　For more experienced traders, the firm offers advanced account types, which may include VIP and professional accounts with enhanced features and lower trading costs. Specific details regarding these account types are not provided, but they are designed to meet the needs of high-volume traders.

　　The firm also provides Islamic accounts for clients adhering to Sharia law, ensuring that all trading conditions comply with Islamic finance principles. The availability of demo accounts is confirmed, allowing potential clients to practice trading without financial risk.

　　Leverage options vary across different products, with a maximum leverage of 1:200 typically available. The minimum trade size and overnight fees are not detailed in the available information, indicating that these may vary based on specific account types and trading conditions.

6. Fund Management

　　GPS Capital Markets supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirements may vary based on the account type selected, but specific figures are not disclosed.

　　The deposit processing time is not explicitly stated, leaving it unclear how quickly clients can expect their funds to be available for trading. Additionally, any associated deposit fees are not provided, indicating potential variability depending on the payment method used.

　　For withdrawals, GPS Capital Markets offers multiple options, but specific limitations and processing times are not detailed in the available information. Clients are encouraged to review the firm's policies regarding withdrawal methods and any applicable fees to ensure a smooth transaction process.

7. Customer Support and Educational Resources

　　GPS Capital Markets offers various customer support channels, including phone, email, and online messaging. The firm is accessible through social media platforms such as Facebook, YouTube, and LinkedIn, enhancing communication options for clients.

　　Customer support is available across different time zones, ensuring that clients can receive assistance when needed. The firm provides support in multiple languages, catering to its diverse client base.

　　In terms of educational resources, GPS Capital Markets offers a range of materials, including webinars, tutorials, and e-books. These resources are designed to help traders improve their skills and knowledge, enabling them to make informed trading decisions.

　　The firm also provides market analysis services, including daily analysis, news updates, and research reports, ensuring that clients stay informed about market developments. Additionally, various trading tools, such as calculators and economic calendars, are available to assist traders in their decision-making processes.

8. Regional Coverage and Restrictions

　　GPS Capital Markets primarily serves clients in the United Kingdom, United States, Australia, and various other regions worldwide. The firm has established offices in key locations to facilitate its global operations and provide localized support.

　　However, specific details regarding the regional offices are not provided, leaving some ambiguity about the firm's operational structure. Additionally, information regarding countries or regions where GPS Capital Markets does not accept clients is not explicitly stated.

　　Certain restrictions may apply based on regulatory requirements, and potential clients are encouraged to verify their eligibility before opening an account. The firm is committed to complying with applicable laws and regulations in all jurisdictions where it operates.

　　In summary, GPS Capital Markets, as a recognized gps broker, provides a comprehensive range of forex trading services and products, backed by a robust regulatory framework. With a focus on client needs and market trends, GPS continues to evolve and adapt to the dynamic forex landscape.

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