Search

GTH Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

GTH Broker Review

1.54

WikiFX monitor

Business

Field Survey Danger

License

FCA Clone Firm

GTH Review 1

Latest All(1) Exposure(1)
Exposure
Unable to withdraw in GTH

Having induced clients to deposit fund, GTH gave no access to withdrawal. After that, it even deleted my contact.

skyfffire
2020-05-04

  

GTH 2025 Review: Everything You Need to Know

  In this comprehensive review of GTH, we delve into the broker's offerings, user experiences, and expert opinions. The overall sentiment towards GTH appears largely negative, with numerous user reviews highlighting concerns about its regulatory status and customer service. Key findings include the broker's use of the MT4 trading platform and its limited asset offerings, which may not meet the needs of all traders.

  Note: It is essential to consider that GTH operates under different entities across various regions, which could impact regulatory compliance and user experiences. This review aims to provide a fair and accurate assessment based on available data.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3

  How We Rate Brokers: Our ratings are based on a combination of user feedback, expert analysis, and factual data from various sources.

  

Broker Overview

  Founded in 2019, GTH is a UK-based forex broker that primarily utilizes the MT4 trading platform. The broker provides access to various asset classes, including forex pairs and CFDs, but lacks a diverse range of trading instruments. GTH is claimed to be regulated by the Financial Conduct Authority (FCA); however, concerns about its legitimacy and the presence of clone firms have been raised in user reviews.

  

Detailed Analysis

  Regulatory Regions: GTH operates in the UK and claims to be regulated by the FCA, but there are warnings about clone firms impersonating it. It is crucial for traders to verify the broker's regulatory status before opening an account.

  Deposit/Withdrawal Currencies: GTH allows for deposits and withdrawals in multiple fiat currencies, although specific details on cryptocurrency support are limited.

  Minimum Deposit: The minimum deposit required to open an account with GTH is reportedly low, which may appeal to new traders. However, this could also attract less serious participants, potentially leading to a less professional trading environment.

  Bonuses/Promotions: There is limited information about any ongoing promotions or bonuses offered by GTH, which may be a disadvantage compared to other brokers that actively provide incentives to attract new clients.

  Tradable Asset Classes: GTH offers a limited selection of tradable assets, primarily focusing on forex and CFDs. This lack of diversity may not satisfy traders looking for a broader range of investment opportunities.

  Costs: The cost structure, including spreads and commissions, is reportedly average. However, some users have expressed concerns about hidden fees or unfavorable trading conditions.

  Leverage: GTH offers competitive leverage options, which can attract traders looking to maximize their potential returns. However, high leverage also comes with increased risk.

  Trading Platforms: The primary trading platform offered by GTH is MT4, which is widely recognized for its user-friendly interface and extensive functionalities. However, the platform's limitations, such as the absence of multi-device support and advanced security features, have been noted as drawbacks.

  Restricted Regions: There are indications that GTH may not be available in certain jurisdictions, which could limit access for some potential traders.

  Customer Support Languages: GTH provides customer support primarily in English, which could be a limitation for non-English speaking users. The quality of customer service has been criticized, with reports of long waiting times and inadequate responses to inquiries.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3

  

Detailed Breakdown

  Account Conditions (3/10): GTH's account offerings are limited to one primary type, which may not cater to the diverse needs of traders. User feedback indicates that the account setup process is straightforward, but the overall conditions leave much to be desired.

  Tools and Resources (4/10): The broker provides basic trading tools through the MT4 platform, but the lack of advanced research tools and educational resources has been highlighted as a significant gap.

  Customer Service and Support (2/10): Users have reported poor customer service experiences, with long response times and inadequate support. This has led to frustration among traders seeking assistance.

  Trading Setup (4/10): While the MT4 platform is a popular choice among traders, its limitations, such as outdated features and lack of mobile optimization, have been pointed out as areas for improvement.

  Trustworthiness (2/10): Concerns regarding GTH's regulatory status and the presence of clone firms have negatively impacted its reputation. Users are advised to exercise caution when considering this broker.

  User Experience (3/10): Overall user experiences have been mixed, with many expressing dissatisfaction with the broker's services and support. This has led to a lack of confidence in GTH as a reliable trading partner.

  In conclusion, while GTH may offer a straightforward trading experience on the MT4 platform, its numerous drawbacks—particularly in customer service, regulatory concerns, and limited asset offerings—raise significant red flags. Prospective traders should thoroughly research and consider these factors before engaging with GTH.

GTH review