GANNMarkets Corp. LLC
Founded in 2018
Online since 2018
No regulation (St. Vincent and the Grenadines)
In the world of online forex trading, finding a reliable broker that suits your trading needs and strategies can be a daunting task. Today we will delve deep into the details of one such trading broker - GANNMarkets Corp. LLC.
GANNMarkets, online since 2018, has been offering intriguing features like trading by phone, free education, managed and segregated accounts. However, it's crucial to unveil whether it's all glitter or gold.
One of the notable features of GANNMarkets is its low barriers to entry. You can start a trading account with as low as $10. This makes it an exceptional choice for beginner traders who are still testing the waters. Additionally, their minimum position size starting at 0.01 also gives traders more flexibility and control over their risk.
Although GANNMarkets has been in the online trading industry since 2018, it does not hold any serious regulation. This may raise eyebrows for those looking for a regulated platform. Considering this aspect, traders should engage with GANNMarkets with a clear understanding of the risks involved.
However, it's worth noting that GANNMarkets has implemented features like segregated accounts, ensuring your funds are kept separate from the company's own funds. This presents a high level of security and transparency.
One significant limitation of GANNMarkets is that it does not allow U.S traders in their platform. Therefore, if you're a U.S citizen, this specific platform may not be the right choice for you.
Despite the regulation concern, GANNMarkets still offers a suite of value-added services enhancing the trading experience. Some of these standout features include:
Trading by Phone: This option allows for trading even when you're not near your computer, offering convenience and flexibility.
Free Education: This provides an edge for beginners, and even experienced traders can leverage these resources to sharpen their skills.
Managed Accounts and PAMM: If you are too busy to do the trading yourself, these features can be a boon. Professional traders can make trades on your behalf.
VPS: This could be beneficial for traders using automated trading systems.
Bonuses: GANNMarkets also offers bonuses, providing extra funds for your trades.
In conclusion, GANNMarkets does present some attractive features, particularly for traders starting with smaller sums. Nevertheless, potential investors should be mindful of its unregulated status and should research thoroughly or consult a financial advisor before proceeding.
Audience Disclaimer: Trading entails a high level of risk, and it's always advisable to trade with funds you are prepared to lose. Always conduct thorough research or consult a financial advisor before starting your trading journey.