fbpx

GT247 Broker Review

Editor Editor:  Chris Cammack Updated: May 8, 2023
Author Author:  Jeffrey Cammack

Last Updated On May 8, 2023

Jeffrey Cammack
Broker Score
3.13 3.13 / 5
🏦  Min. DepositUSD 1
🛡️  Regulated By
💵  Trading Cost 
USD 110
⚖️  Max. Leverage80:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.

Last Updated On May 8, 2023

Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Our verdict on GT247

🏦  Min. DepositUSD 1
🛡️  Regulated By
💵  Trading Cost 
USD 110
⚖️  Max. Leverage80:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
111003/ 5
Trading Conditions
111003/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
110.5002.5/ 5
Education & Research
10.50001.5/ 5
Assets Available
111104/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Poor
Welcome Bonus

Account Information

Base Currencies
ZAR, USD
Number of FX Pairs
65
Crypto Pairs
4
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
10.00 pips
GBP/USD
10.00 pips
USD/JPY
10.00 pips
Negative Balance Protection

Company Details

Company Name
GT247 (Pty) Ltd
Founded
2000
Website Language
English
Support Language
English
Office Locations
South Africa

Pros

  • Low minimum deposit

Cons

  • Limited demo account
  • No swap-free account option
  • Limited account options

Editorial Team

 

Chris Cammack
Head of Content

Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them. Chris has a keen eye for editing and a voracious appetite for financial and political current affairs. He ensures that our content across all sites meets the standards of quality and transparency that our readers expect.

 

Alison Heyerdahl
Senior Financial Writer

Alison joined the team as a writer in 2021. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers, and she now has over eight years experience in research and content development. She has tested and reviewed 100+ brokers and has a great understanding of the Forex trading world.

 

Ida Hermansen
Financial Writer

Ida joined our team as a financial writer in 2023. She has a degree in Digital Marketing and a background in content writing and SEO. In addition to her marketing and writing skills, Ida also has an interest in cryptocurrencies and blockchain networks. Her interest in crypto trading led to a wider fascination with Forex technical analysis and price movement. She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.

 

Vanessa Marcos
Financial Writer

Vanessa joined the team in 2023. Born and raised in southern Portugal, she has a BA in Journalism and a Master’s in Literary Theory, both from Lisbon University. Since 2011, she has worked in social media, copywriting, content management, ghost-writing, and SEO. Vanessa loves to write, and although she is a generalist in digital marketing, she always draws on her creativity in her work. She is constantly researching new subjects and finds the analytical depth of Forex trading fascinating.

Others Also Visit

Scroll for more detailsPreviousNext
Visit
AvaTrade
4.59 /5
Read Review
Visit
Pepperstone
4.61 /5
Read Review
Visit
Exness
4.32 /5
Read Review
Visit
XM
4.45 /5
Read Review
Visit
HFM (HotForex)
4.53 /5
Read Review
Visit
AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Broker Score
3.13 3.13  / 5
Site Icon Data provided by FxScouts

GT247 Financial Regulation

Regulator License
Regulator License

GT247 Trading Cost Comparison

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Close