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Is GMT Platform safe?

Rating Index

Pros

Tight variable spreads and low typical trading costs, making it competitive for traders.
Offers deposit insurance for investments starting at $100, providing some level of security for clients.
Supports the widely used MetaTrader 4 platform, which is equipped with various trading tools and resources.

Cons

Lacks regulatory oversight, making it a risky choice for traders due to the absence of client protection.
Primarily targets Russian-speaking investors, which may limit accessibility and support for non-Russian speakers.
Claims of high leverage and bonuses may attract traders, but these can also be associated with higher risks and potential scams.

GMT Platform Similar Brokers Safe

Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.

GMT Platform latest industry rating score is 1.27, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.27 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

GMT Platform safe