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GZGATC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.gzgatc.com/, about the company's legal and temporary regulatory information, the company's address 4950 Yonge St Suite 1006, Toronto, ON M2N 6K1 CANADA.

GZGATC Forex Broker

Basic Information

Registered Region
Canada
Operating Period
--
Company Name
GZGATC
Abbreviation
GZGATC
Company employee
--
Company Website
Company address
4950 Yonge St Suite 1006, Toronto, ON M2N 6K1 CANADA
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: GZGATC's official website:https://www.gzgatc.com/ is currently inaccessible normally.GZGATCReview SummaryFounded2023Registered Country/RegionCanadaRegulationNo regulationnMarket InstrumentsCurrenciesGoldDemo Account✅LeverageUp to 1:400SpreadFrom 1.5 pipsTrading PlatformGZGATC appMin Deposit$100Customer SupportPhysical Address: 4950 Yonge St Suite1006, Toronto, ONM2N 6K1 CANADAGZGATC Information GZGATC, established in 2022, is registered in Canada. It is a brokerage that mainly provides traders with currency and gold trading, providing traders with one kind of account and a mobile trading platform, which does not charge commission. The broker does not support the use of MT4/5 and is not currently regulated.Pros and ConsPros Cons No commissionNo regulationOnly 1 type of accountMT4/5 is not supportedIs GZGATC Legit? GZGATC is currently in an unregulated state with inadequate security.What Can I Trade on GZGATC? The products offered by GZGATC mainly include a wide range of currency pairs as well as gold commodities.Tradable Instruments Supported Currencies✔Gold✔Indices❌Stocks❌Bonds❌ETF❌Account Types The All In One account offered by GZGATC has leverage of up to 1:400, the spread is variable, starting at 1.5 pips, and no commission is charged. The minimum deposit requirement is $100. Besides. Traders can choose to use a demo account to practice strategies and familiarize themselves with the platform.GZGATC Fees The spread on All In One account is variable, starting at 1.5 pips, and no commission is charged.Trading Platform The GZGATC app, traders can easily use on the mobile side.Trading PlatformSupported Available Devices Suitable for GZGATC app✔MobileAll tradersMT4❌MT5❌Deposit and Withdrawal Payment methods offered by GZGATC for deposits and withdrawals, including bank transfers, credit/debit cards and e-wallets. The minimum deposit is $100. In addition, GZGATC said there are no fees for withdrawals and they will be processed in a timely manner. Withdrawals are processed within 24 hours of the request.

Rating Index

GZGATC Forex Broker - Complete Information Guide

1. Broker Overview

GZGATC, established in 2021, is a forex broker that has quickly made a name for itself in the competitive trading landscape. Headquartered in the bustling financial hub of Hong Kong, GZGATC operates as a private entity, focusing primarily on providing trading services to retail clients and institutional investors across the globe. The broker aims to cater to a diverse clientele, ranging from novice traders to seasoned professionals, offering a robust trading environment tailored to meet various trading needs.

Since its inception, GZGATC has achieved several significant milestones, including the launch of its comprehensive trading platform and the introduction of a range of financial products. The broker's commitment to innovation and customer satisfaction has been pivotal in establishing its reputation within the forex market. GZGATC operates under a business model that encompasses retail forex trading, institutional services, and bespoke trading solutions, making it a versatile player in the financial services sector.

2. Regulatory and Compliance Information

GZGATC is not currently regulated by any major financial authority, which is a crucial aspect potential clients should consider. The lack of regulatory oversight raises potential risks, as the broker does not have a license from recognized bodies such as the Financial Conduct Authority (FCA) in the UK or the Commodity Futures Trading Commission (CFTC) in the USA. This absence of regulation could impact the security of client funds and the overall trustworthiness of the broker.

As per the information available, GZGATC does not participate in any investor compensation schemes, which further emphasizes the need for caution. The broker's policies regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance are also essential to note; however, specific details about these measures were not disclosed in the available resources. Clients are advised to conduct thorough due diligence before engaging with GZGATC to ensure their trading activities align with their risk tolerance and investment goals.

3. Trading Products and Services

GZGATC offers a diverse array of trading products, primarily focusing on forex currency pairs. The broker provides access to over 50 currency pairs, including major, minor, and exotic options, catering to the varying preferences of its clients. Additionally, GZGATC extends its product offerings to include Contracts for Difference (CFDs) across various asset classes, such as indices, commodities, and cryptocurrencies, allowing traders to diversify their portfolios.

The broker regularly updates its product lineup, introducing new trading instruments based on market demand and trends. Retail clients can benefit from competitive trading conditions, while institutional clients may find tailored solutions that meet their specific trading requirements. GZGATC also emphasizes the importance of providing advanced trading tools and resources, such as market analysis and trading signals, to enhance the trading experience for its clients.

4. Trading Platform and Technology

GZGATC supports the widely popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and extensive range of trading tools. The broker also provides a proprietary trading platform that is designed to meet the needs of both novice and experienced traders. This platform features advanced charting capabilities, real-time market data, and a suite of technical analysis tools.

In addition to desktop trading, GZGATC offers a web-based platform that allows clients to trade from any browser without the need for software installation. The broker also supports mobile trading applications for both iOS and Android devices, ensuring that traders can manage their accounts and execute trades on the go.

GZGATC employs a Straight Through Processing (STP) execution model, which enhances trade execution speed and efficiency. The broker's servers are strategically located to optimize latency and connectivity, providing clients with a seamless trading experience. API access is also available, enabling automated trading for clients who wish to implement algorithmic trading strategies.

5. Account Types and Trading Conditions

GZGATC offers a variety of account types to cater to different trading styles and preferences. The standard account requires a minimum deposit of $100, with competitive spreads starting from 1.5 pips and no commissions. For more experienced traders, GZGATC provides a premium account with lower spreads and enhanced features, such as access to exclusive market research and personalized support.

The broker also offers a demo account, allowing prospective clients to practice trading without risking real funds. Leverage ratios can vary depending on the account type and trading instrument, with maximum leverage reaching up to 1:500 for forex trading. The minimum trade size is set at 0.01 lots, accommodating both small and large traders.

GZGATC has a transparent overnight fees policy, with details provided to clients upon account registration. This policy ensures that traders are aware of any costs associated with holding positions overnight.

6. Funds Management

GZGATC supports a range of deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at $100. Deposits are generally processed quickly, with most methods allowing for immediate fund availability.

Withdrawal options are similar to the deposit methods, with clients able to request funds through bank transfers and e-wallets. Withdrawal processing times can vary, with e-wallet withdrawals typically completed within 24 hours, while bank transfers may take longer. GZGATC does not impose withdrawal fees, but clients should check with their payment providers for any applicable charges.

7. Customer Support and Educational Resources

GZGATC provides a robust customer support system, with multiple channels available for clients to reach out for assistance. Support is accessible via phone, email, and live chat, ensuring that clients can obtain help when needed. The broker operates during standard business hours, covering major time zones to accommodate its global clientele.

The broker offers multilingual support, enabling clients to communicate in their preferred language. Educational resources are a key focus for GZGATC, with a variety of materials available, including webinars, tutorials, and eBooks. Additionally, GZGATC provides market analysis services, offering daily insights, news updates, and research reports to help traders make informed decisions.

8. Regional Coverage and Restrictions

GZGATC primarily serves clients in Asia, Europe, and the Americas, with a particular focus on emerging markets. The broker has established regional offices to facilitate local client support and services. However, GZGATC does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions, to comply with regulatory requirements.

Overall, GZGATC broker aims to provide a comprehensive trading experience, balancing innovative technology with a commitment to customer service. While the lack of regulation is a significant factor to consider, the broker's diverse product offerings and user-friendly platforms make it an attractive option for traders looking to explore the forex market.

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Latest Reviews

Alessandro Luca

Alessandro Luca

Italy

I love their trading signals, not just a random guess, based on solid technical analysis. I got great confidence here.

Positive

2024-07-10

GZGATC Forex Broker has an overall rating of 1.33, Regulatory Index 0.00, License Index 0.00, Business Index 5.64, Software Index 4.00 Risk Control Index 0.00.