Global GT Review

1. What is Global GT?
2. Global GT Pros Cons
3. Is Global GT safe or a scam?
4. Leverage
5. Accounts
6. Market Instruments
7. Fees
8. Spreads
9. Deposits and Withdrawals
10. Trading Platform
11. Customer Support
12. Education
13. Conclusion

Our Review Method

• Our financial experts at 55Brokers with more than 10 years of experience have tested and reviewed the broker’s offering to see conditions including spreads, fees, platforms, and licenses contacted customer support, and placed trades to give our expert opinion about Global GT

What is Global GT?

Global GT is a newly established brand that officially started in 2019, yet is a part of the known GT Group that successfully operates in South East Asia through the brands FXGt and CryptoGT. Besides, Group operated before an international proposal Brand GT.io Review by us too, however for now it no longer operates separately, and all the trading proposal comes through GlobalGT.

While its new brand Global-GT is dedicated to focusing on the world and international proposals with an expansion approach through an established operation in South Africa. South Africa now is a growing trend in the Forex industry where more brokers open their entities due to good regulation, availability of high leverage, and a great way to global expansion.

Global GT Pros and Cons

Our experts find Global GT a reliable broker with a good reputation offering a large variety of trading instruments. Trading conditions are among the best in the industry offering liquidity aggregation that offers the most competitive prices. The broker provides an excellent education for beginner traders as well as decent research tools to enhance their trading strategies.

On the flip side, the broker market offering, though quite rich, is solely traded on a CFD basis. Another disadvantage is that many countries are restricted from trading with this broker and conditions and protection standards vary based on the jurisdiction. The education section is limited as well.

Overall Global GT Ranking

Overall, our experts’ first impression of Global GT was quite positive. The broker stands out with a wide range of CFD instruments with the possibility of high-leveraged trading. Fees are either non or small, also spread are considered standard, Overall, conditions are quite imposing and suitable for beginner traders. See our overall ranking of Global GT below:

• Global GT Overall Ranking is 8.5 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.

Global GT Alternative Brokers

Yet, we found disadvantages too, Global GT offers only CFD products, and trading is done only through the MT5 platform which is quite a limitation. Also, the education and research section is limited as well. So it is good to consider alternative brokers:

• IG – Great Selection of Education
• BDSwiss – Excellent Broker for International Trading
• Pepperstone – Great Selection of Trading Platforms

Is Global-GT safe or scam?

No, Global GT is not a scam, it licensed FSCA broker considered lower-risk Forex due to regulations.

Is Global GT regulated?

We checked Global GT’s legit information through the official website where the broker mentions its licenses and regulation by the FSCA in South Africa and registration by the Seychelles FSA.

• Afterward, you should also check brokers’ claims through the official regulatory site, in this case, FSCA, and verify the conditions again. Luckily, Global-GT is legit and regulated so you can be assured of its transparency and aligned safety measures controlled by the international authority.
• Even though. Seychelles regulation is rather limited and on its own is not the best choice, but considering the good record of the GT.IO and additional regulation in South Africa, we consider the broker as a trustable one.

See our conclusion on Global GT Reliability:

• Our Ranked Global GT Trust Score is 8.1 out 0f 10 for good reputation and favorable conditions, yet the only point is that international trading is done through  an offshore entity and there’s no top-tier license

How are you protected?

There are serious measures done by the broker to prove its Fund Security which includes Capital Adequacy Ratio above 40%, while processing transactions with Tier 1 Banking and Segregated accounts, and all is done under Regulatory Supervision and strict Risk Management.

Leverage

Leverage as a tool that allows magnifying your initial balance so you’re able to operate a bigger trading size is another popular and famous feature in Forex trading. Global-GT Leverage is available for your trading activity, moreover being regulated in South Africa traders can still access high leverage ratios.

• Leverage up to 1:1000 for Forex instruments via an International entity
• 1:200 for South Africa

Nevertheless, leverage works in both directions meaning you can lose and gain higher amounts compared to your trading account balance so be sure to learn well how to use leverage smartly. Also, leverage ratios depend on the instrument you trade and may also vary according to the entity of Global-GT since regulatory restrictions may vary.

Global GT Accounts

The broker offers 6 LIVE accounts: Cent, Mini, Standard FX, Standard Plus, PRO, and ECN available for practice purposes. Standard PLUS is suitable for traders who look for high leverage (up to 1000) and other types of rewards. PRO is suitable for traders who can unfold their trading strategies utilizing low spreads and zero commission for opening or closing their positions.

• In addition, the account can be opened in a few different currencies even including Cryptos as a base one, allowing easy money transfers to or from the account and avoiding conversion fees, which include USD, EUR, BTC, ETH, XRP, USTD, ZAR.

The account opening from which you will have access to trading itself as well as money management, transfers along with fee reports, and a full range of offered services are available through your Personal Account Area.

What Can I Trade on Global GT?

Based on our findings, the broker has a great variety of trading instruments The offering of Market instruments proposing has a total of 743 instruments: including 54 FX pairs, 32 Cryptocurrencies, 11 Synthetic Cryptos, 5 NFT, 2 Coins, 10 DeFis, 3 Precious Metals, 3 Energies, 10 Equity Indices, 54 Stocks.

Global GT provides pretty good conditions for the trading of those instruments, with the only exception that Global-GT does not offer trading of Futures and Options.

• Global GT Markets Range Score is 9 out 0f 10 for wide trading instrument selection with the main exception of futures and options, yet the condition and asset availability depend on the jurisdiction

Global GT Fees

From what we found, generally, Global GT doesn’t charge commission fees all are built into spreads. Only for the ECN Account, the broker has a $6 commission fee for trading transactions. The broker proposes a floating spread or variable spread basis, where the spread is dependent on the market conditions. Also, we check funding fees and inactivity fees to get the full pricing picture.

Additional fees

For the additional or non-trading fee conditions, you should note there is an Inactivity Fee of 10$ per month in case of inactivity in your trading account. The good news is the deposit or withdrawal fees are waived to 0$, which may depend on the region you registered to, read more about deposits in our Global-GT Review further.

• Global GT Fees are ranked low with an overall rating of 7.9 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below

Global GT Spreads

Global-GT Review found spreads quite competitive and offer a good solution for the trading of different instruments including Stocks. Stocks trading likewise offered with a spread and leverage up to 1:1000, and average spread for UK100 Stock 3 points.

Swap fees, however, are added on above in case you are holding overnight positions also defining specific fees according to the instrument unless you request to trade via a Swap-Free account which is available as well. Alike metals swaps are added on once a day – midnight, while Cryptocurrency swaps are charged every 4 hours.

• Glabal GT Spreads are ranked low with overall rating 7.7 out of 10 based on our testing comparison to other brokers. We found Forex spread are in line with the industry average with 1.4 pips for EUR/USD, yet spreads for other instruments are lower

Nevertheless, Global-GT offering also an opportunity to get tailored trading solutions available for traders of bigger sizes or partners.

Deposits and Withdrawals

Based on our research, deposits to the live trading account can be done in numerous convenient ways while the payments will attract no additional processing fees. Another progressive feature is that being the first Hybrid regulated Forex Broker Global-GT allows trade, deposit, and withdrawal in both Fiat and Crypto Deposits.

• Global GT Funding Methods we ranked Excellent with an overall rating of 8 out of 10. The minimum deposit is among the lowest in the industry, yet fees are either none or very small also allowing to benefit from various account-based currencies. Also, conditions may vary based on the entity

Here are some good and negative points for Global GT funding methods found:

Deposit Options

The payment options including

• Credit Cards – Visa, Mastercard
• SticPay Wallet – e-money transfer service
• InstantEFT – e-money transfer service
• LuqaPay – e-money transfer service
• Perfect Money – e-money transfer service
• Skrill – e-money transfer service
• Neteller – e-money transfer service
• Bank Transfer

Minimum deposit

A minimum deposit amount is another pleasant point to mention since Global-GT requires only 5$ at the start allowing beginners or any size traders to engage, or equivalent USD 5 / EUR 5 / BTC 0.0001 / XRP 25 / ETH 0.05 / USTD 25. Yet, always make sure to verify trading conditions for the instrument you will trade since you need to cover its margins and deploy a money management strategy smartly.

Global GT minimum deposit vs other brokers

	Global GT	Most Other Brokers
Minimum Deposit	$5	$500

Does Global GT have no deposit bonus?

No, Global doesn’t offer no deposit bonus meaning. However, it does have some bonus programs for depositing.

Withdrawal

Global GT Withdrawal options are similar to deposits including bank wire, card, and e-wallets. Nevertheless, always good to check with the customer service about conditions and specified terms for your residency and region.

How long does it take to withdraw money from Global-GT?

Withdrawal of money isn’t a complicated process, as all money management is performed from your online account area. Typically Global-GT processes withdrawals within 1-2 business days for bank transfers and the average withdrawal time is 3 hours, however, allow additional time for your payment provider or other procedures.

Trading Platforms

We found in Global-GT offerings the popular MetaTrader and its newer version MT5 packed with full features and add-ons available for trading, also with no restrictions on strategies.

• Global GT Platform is ranked with an overall rating of 7.7 out of 10 compared to over 500 other brokers. It’s good that the broker offers an industry-leading MT5 platform which is more advanced and sophisticated than MT4, however, the lack of any other alternative platform is a major drawback

Trading Platform Comparison to Other Brokers:

Web Trading

Additionally, there is an option to use WebTrader a Web-based platform with easy access and no requirement for installations. For regular or beginning traders this option might be enough for basic analysis, trading, and management.

Desktop trading Platform

But if you deploy sophisticated strategies, using some specified tools, or would like to Auto trade your strategies Desktop platform is your choice. Global-GT included powerful features in its MT5 too, enhancing capabilities with Market Sentiment and additional tools.

Desktop versions are suitable for any type of software you use, also proposing its advancing options for analysis, technical analysis and more.

Look and feel

MT5 is quite famous for its clean view and look, the platform is easy to navigate and adds on some features. In addition, you can find tons of guidelines available in case you use it for the very first time.

Mobile Trading Platform

Mobile trading is another trend that includes Trading App allowing you to trade on the go right from your smartphone. Even though App is not a full-feature trading platform with all the possible tools, you can still make basic analysis, take control over the positions and manage your account, which is indeed very useful.

Global GT Customer Support

Based on our testing, the broker’s Customer Support team is available around the clock and support international traders, and is accessible via Online Chat, Ticket, and Email in the English language. During our testing, we found its service quite responsive and professional, which is indeed necessary for your fruitful cooperation with the broker and solving of any ongoing concerns

• Customer Support in Global GT is ranked Excellent with an overall rating of 9.8 out of 10 based on our testing. We got some of the fastest and most knowledgeable responses compared to other brokers, one of the advantages is that it’s available on weekends too. The only disadvantage is that no other languages except for English are offered for support

See our find and Ranking on Customer Service Quality:

Education

Based on what we researched, Global-GT supports beginner traders with education materials through the Global GT Learn Hub. It includes Live Daily Webinars, Trading Video Tutorials, Educational articles, Financial News, and Trading insights. Moreover, traders can communicate with the broker’s financial experts. Unique educational videos are suitable for novice traders by introducing them to the financial markets. Global-GT traders can access MT5 Tutorials, and Live Trading Sessions and participate in Real-time Trading Debates.

Research

As for the Research tools, there are great tools included in the MT5 platform itself while the broker also supports traders with market Sentiment, Trading Insights, and Economic Calendar along with other great research tools the platform is famous for. 

• Global GT Education ranked with an overall rating of 9.2 out of 10 based on our research. Global GT provides state-of-art educational resources including News, Insights, and Live Webinars. It also provides great research tools which is another great advantage

Global GT Review Conclusion

Overall, our experts remained satisfied with their trading experience with Global GT. The broker stands on a good record and sustainability of its mother-company trading brand. Most importantly, Global GT obtained necessary regulations from South Africa allowing it to expand its proposal legally and trustworthy.

What we liked the most is that Global GT offers indeed a vast instrument range including Cryptocurrency trading, also allowing you to deposit and withdraw in Bitcoin or other Cryptos. The broker has a great variety of account types most of them tradable with no commissions and with access to high leverage lever up to 1:1000 allowing you to capitalize on opportunities

Based on Our findings and Financial Expert Opinion Global GT is Good for:

• Beginning Traders
• Regular Traders
• Traders from South Africa
• International Trading
• EAs running
• Traders who prefer MT5 platform
• Currency Trading and CFD Trading
• Suitable for a Variety of Trading Strategies
• Cryptocurrency Trading