GREATACY Forex Broker

GREATACY Review SummaryFounded2017Registered Country/RegionUnited Kingdom|RegulationNot regulatedMarket InstrumentsForex, Stocks, CryptocurrenciesDemo AccountAvailableLeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformMT4, MT5Min Deposit250 USDCustomer SupportEmail: info@ilimitsinvest.com. (Working hours: 24/5)Phone: +971503721960. (Monday-Friday from 8 am to 5 pm)Address: Trade Center Sheikh Zayed Rd. 2nd floor, ASPIN commercial tower.GREATACY Information GREATACY is a Forex broker founded in 2017 and headquartered in the United Kingdom. The company supports a range of trading platforms, including MT4 and MT5, as well as tradable assets including forex, stocks and cryptocurrencies. GREATACY offers a minimum deposit of $250 and a maximum leverage of 1:500.Pros and ConsProsConsCompetitive SpreadsLack of RegulationVersatile Trading Platforms (MT4 and MT5)Relatively High Minimum DepositFlexible Account Types (Standard, ECN, Islamic)High LeverageDemo Account availableConvenient Deposit and Withdrawal MethodsIs GREATACY Legit? GREATACY is a forex broker that is not regulated by any major financial regulator.What Can I Trade on GREATACY? ILimits Invest offers traders the opportunity to trade Forex, Stocks, and Cryptocurrencies.Tradable InstrumentsSupportedForex✔Crypto currencies✔Stocks✔Precious metals❌Energy products❌Mutual Funds❌Futures❌Account Types GREATACY offers three different account types: Standard account: Spreads start at 0.0 points and can be used on the MT4 and MT5 trading platforms with a minimum deposit of $250. ECN Account: Has an ultra-low spread starting at 0.0 points with a minimum deposit requirement of $500. Islamic Account: Deposit $250.Standard AccountECN AccountIslamic AccountMinimum Deposit$250$500$250Spreads From(pips)From 0 pipsFrom 0 pipsN/ALeverage GREATACY offers a maximum leverage of 1:500, which is considered to be a high level of leverage.GREATACY Fees GREATACY offers a variety of spreads depending on the type of account and trading instrument. Standard accounts offer spreads starting at 0.9 points, while ECN accounts offer ultra-low spreads starting at 0.0 points.Account TypeInstrumentSpreadStandardMajor pairs0.9 pipsStandardMinor pairs1.4 pipsStandardExotic pairs1.9 pipsECNMajor pairs0.0 pipsECNMinor pairs0.1 pipsECNExotic pairs0.3 pips GREATACY does not charge commission on standard transactions. However, there are commissions for trading foreign currency pairs or using margin accounts.TypeCommissionExotic pairs3.0 pipsMargin accounts1.5% of the deposit amountTrading Platform MT4 and MT5 are chosen by GREATACY to serve clients of different preferences.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Windows, MAC, IOS, AndroidInvestors of all experience levelsMT5✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal GREATACY offers a variety of payment methods for users' convenience: The platform supports major credit cards such as Visa, mastercard, Discover and American Express, and charges a 2.9% processing fee per card, plus a $0.30 transaction fee. Debit card payments, which can also be accepted through Visa, Mastercard and Discover, have the same fee structure. For those who choose to make ACH transfers from a U.S. Bank account, GREATACY charges a minimum fee of $0.25. It does not currently accept PayPal or other online payment processors.