GTC FX Journal

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GTC FX Profile
Year
2012
Country
Mauritius
Branches
1
Regulation
FSC Mauritius
Registration
FSC Mauritius, ASIC Australia, SCA UAE, DMCC UAE, VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
NASDAQ
Restricted in
Not serving
...
Broker type
DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
10
LPs quality
Tier-1 Banks
LPs names
...

GTC FX Accounts
DMA
ECN
Minimum Deposit
50 $
3000 $
Leverage
2000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.9 pips
0 pips
Commission
0 $/lotRT
5 $/lotRT
Volume
...
...
Margin Call
...
...
Stop Out
...
...
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is GTC FX safe?

  • Investor protection: no
  • Regulation: FSC Mauritius
  • Registration: FSC Mauritius, ASIC Australia, SCA UAE, DMCC UAE, VFSC Vanuatu
  • Publicly traded: NASDAQ
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is GTC FX trusted?

  • Information transparency: high ★★★★★
  • Customer service: ...
  • GTC FX website: semi-detailed, updated ★★★
  • GTC FX popularity (by visitor count): average ★★★

How GTC FX works



ECN Accounts With Direct Access To Top Tier Banks.
Direct Access To Top Tier Banks.
No Dealing Desk Intervention.
Tier 1 Liquidity Pricing.
Instant And Fast Execution.
No Trading Restrictions on EAs


GTC Prime with advance infrastructure and comprehensive expertise, offer tailor made pricing sourced from tier 1 banks with DMA execution.

Deep Liquidity
Take advantage of our deep liquidity across all of our multi-asset instruments. Up to 10 levels of Market Depth.


2.1 PRINCIPAL
We will deal with you as principal and not as agent on your behalf. This means that any trades are agreed directly between you and us and we will be the counterparty to all of your trades.

1.14 Idle Prices: We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. On rare occasions the aggregated price feed which we provide to clients can become “idle”. We reserve the right to reverse market or instant orders are executed where idle prices have been struck.

1.15 Misquotes: We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid prices feeds reaching clients through utilising a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers), there are rare occasions where the prices can become “skewed”.

e)Use such moneys for the payment of amounts to counterparties with whom we enter into derivatives to hedge our exposure to you in connection with margin FX, FX option and/or CFDs or hedge our exposure to other clients who have entered into these nancial products under the Client Agreements with us;

9.11 SCALPING AND EA POLICY
9.11.1 SCALPING POLICY
In order to ensure the stability of the GTC Global LTD platforms and Products, “Scalping” strategies are not permitted on our platform unless in accordance to clause 9.11.3.
9.11.3 In order to make EA trading available clients have to submit a request and acknowledge that they will conrm in advance that they wish to use an EA during account opening or before starting to implement such a strategy. There is no additional charge for this mode of trading. GTC Global LTD reserves the right to reverse orders that are executed using EA methods on accounts that are not labelled as EA accounts or where the necessary advance conrmation has not been given.



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