GTLOT Forex Broker

Note: GTLOT's official website: https://gtlot.com is currently inaccessible normally.GTLOTReview SummaryFounded/Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsForex currency pairs, commodities, bonds, indices, stocks, cryptocurrenciesDemo Account❌LeverageUp to 1:3 (cryptocurrrency)SpreadFrom 80 USDTTrading PlatformWebMin Deposit$0Customer SupportTel: +31 850643590Email: support@gtlot.comAddress: Delflandlaan 1, 1062 EA Amsterdam, NetherlandsGTLOT Information GTLOT is a St. Vincent and the Grenadines registered forex online broker offering online trading platform solutions to investors. GTLOT does not currently hold any licenses authorized by any regulatory body.Pros and ConsPros Cons Various trading productsNo regulationNo minimum depositInaccessible websiteMultiple payment optionsNo demo accountsNo MT4/MT5 platformIs GTLOT Legit? No. GTLOT has no valid regulations currently. Please be aware of the risk!What Can I Trade on GTLOT? Tradable financial instruments GTLOT offers to investors include forex currency pairs, commodities, bonds, indices, stocks, and cryptocurrencies.Tradable Instruments Supported Forex currency pairs✔Commodities✔Indices✔Stocks ✔Cryptocurrencies✔Bonds✔Options❌ETFs❌Leverage GTLOT's official website does not provide information on leverage for currency pairs, commodities, bonds, and indices, while the leverage for cryptocurrency trading is 1:3. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread The official GTLOT website only shows the spreads for cryptocurrency trading (from 80 USDT). For example, the spread for BTC/USDT is over 90 USDT, which is too high compared to other brokers.Trading Platform GTLOT offers traders not the current most popular MT4/MT5 trading platforms but an online trading platform.Trading PlatformSupported Available Devices Suitable for Web ✔Web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal The broker accepts payments via VISA, MasterCard, Maestro, MoneyGram, NETELLER, UnionPay, Western Union, IDEAL, WebMoney, QIWI, Wire Transfer, JCB, and Skrill. There is no minimum deposit/withdrawal requirement.