Have you been scammed by GMT Trading and want to get your money back? You’ve come to the right place. Keep reading to discover how Global Assets Refund can help you recover your money from GMT Trading.
Online trading, including trading bitcoin and binary options, may carry the risk of scams. The commonest internet frauds we’ve heard about are Forex fraud, cryptocurrency fraud, investment fraud, romance or dating fraud, binary fraud, and lots more. The scammers’ brokers usually deceive their victims as well. They either accomplish it by making cold calls, building phony websites, or using pop-up ads. Similarly, when we looked into GMT Trading’s broker, we found many instances that showed that the company is not reliable.
GMT Trading claims to be the best broker in the world and to provide safe and secure online trading services. However, this subpar anonymous website cannot be that of a reputable broker. Further proof of this comes from fact-checking. Read on to discover more reasons why GMT Trading is not reliable and how you can get your money back from the broker.
READ: Get Your Money Back From GfMarkets
Is GMT Trading a Trustworthy Broker or a Fraud?
It is crucial to choose a trustworthy and legitimate broker when trading. Here are some things that you need to know about GMT Trading:
The broker’s regulation status is one of the most important factors to consider when selecting a broker online. In this case, GMT Trading appears to be operating outside the boundaries of any regulations and engaging in fraudulent operations. There is a good chance that the broker has received a warning from reputable regulatory bodies like CNMV, ASIC, CySec, FCA, and FINMA, among others.
Any warning given by one of these organizations made it clear that the broker was not someone you should trust with your hard-earned money. The broker appears to be exempt from such regulation or there is no evidence of it.
There have been several complaints and unfavorable testimonials about broker GMT Trading on different online review sites. The broker has a poor reputation among investors if they have a low rating across several web platforms. The investors have accused them of being swindlers and claim that they were duped into investing in GMT Trading, losing all of their money and time in the process.
Accounts and Leverages
Genuine and active brokers usually accept small deposits. The regulatory organizations do not favor high deposits. While this broker typically requires a sizable deposit, which is an important warning sign to stop moving forward with your investment.
The same standards apply to leverage, which is low and given in modest amounts by legitimate businesses. However, GMT Trading usually offers high leverage, which paints a picture of a shady broker. This broker offers high leverage, which, if something goes wrong, could result in significant losses for traders.
GMT Trading states on its website that its clients can trade on the popular MetaTrader4 (MT4) platform, but in reality, it only offers very basic software with no advanced features.
Despite their pretenses, scam brokers like this one frequently do not offer trading at all or invest your money; instead, they simply take your money. You, therefore, require a trustworthy broker and a platform.
The modern multi-functional platform MetaTrader 5 provides superior execution, a large range of technical tools, and sophisticated auto and copy trading systems. Unlike MT4, MT5 contains more technical analysis indicators, time-frames, order kinds, and instruments. The layout and functions are the same, though, so the transfer from the older version, which is being phased out gradually, will go smoothly.
The MT5 is now being updated often by MetaQuotes, the software’s developer, who also adds new capabilities. You can now open charts and see real trading volumes and choose to show zero values in the most recent updates.
MetaQuotes has also made it easy for brokers to use many servers around the world to reduce latency for their clients. This is done by letting brokers add new access points with just a few clicks from the MetaTrader 5 Administrator.
READ: Get Your Money Back From OptimizeFunds
Although it can be challenging to spot fraudulent brokers at first glance, Global Assets Refund can help you if fraudulent brokers (like GMT Trading) have scammed you. It is advisable to avoid brokers with bad reviews if you want to invest in online trading. If you choose the right broker, this will help you trade safely and keep your investments safe.
Judging from what we’ve discussed so far, it is evident that GMT Trading might be a rip-off. Investors should always keep in mind that con artists have no right to steal their money in unlawful ways. As a result, it is up to them to fight for it and recover it from the scammers. The team at Global Assets Refund is available to assist you in this fund recovery journey.
Global Assets Refund is a fund recovery firm that assists hundreds of victims of scams each year in retrieving their money.
We have the expertise and knowledge to combat scammers, so we know how to handle them. Leave your problems behind and complain to us about the fraudulent broker.
If you think GMT Trading has taken advantage of you, you need not be concerned. The good news is that anyone can use our service. The experts at Global Assets Refund, a specialized company dedicated to helping clients recover money lost online, are always available and have helped clients from all over the world recover millions of dollars.
It’s crucial to work with a reputable company like Global Assets Refund since, without the right direction, the process of recovering your money may seem endless. Let Global Assets Refund help you build a strong case to get your money back from GMT Trading as soon as possible. Get started today by scheduling a free consultation.