GT247 Review

Author By Jeffrey Cammack
Updated: March 1, 2021
Overall Rating
3.13 3.13 / 5
Min. Deposit
USD 0
Regulators
Trading Desk
Trading Cost
USD 110
Website Language
English
Support Language
English
Alert0 of retail investor accounts lose money when trading CFDs with this provider

Summary

Reviews

Regulation
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
Bonuses
None

Account Information

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

Trading Conditions

Min. Spread
10 pips
Commission
Fees Included in Spread
EUR/USD
10.0 pips
GBP/USD
10.0 pips
USD/JPY
10.0 pips
Max. Leverage
80:1

Company Details

Company Name
GT247 (Pty) Ltd
Founded
2000
Office Locations
South Africa
Alert0 of retail investor accounts lose money when trading CFDs with this provider
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.13/ 5
USD 0
Market Maker
Forex
Indicies
Commodities
Cryptocurrencies
65
5
  • Low minimum deposit
  • Limited demo account
  • No swap-free account option
  • Limited account options
111003/ 5
111003/ 5
111104/ 5
110.5002.5/ 5
10.50001.5/ 5
111104/ 5
1110.503.5/ 5
0 of retail investor accounts lose money when trading CFDs with this provider
80:1
10 pips
Bank Transfer
Visa
Mastercard
Skrill
Fees Included in Spread
1110.503.69/ 5
USD 200
Market Maker
Commodities
Cryptocurrencies
Forex
Indicies
Equities
52
16
  • Well regulated
  • Good for beginners
  • Innovative trading tools
  • Limited education
  • Wide spreads
11110.54.5/ 5
111104/ 5
111104/ 5
110002/ 5
10.50001.5/ 5
11110.54.5/ 5
111104/ 5
67% of retail investor accounts lose money when trading CFDs with this provider
30:1
1 pips
Professional
Standard
etoro
Visa
Mastercard
Neteller
Unionpay
Skrill
Paypal
Fees Included in Spread
1110.503.24/ 5
USD 100
Market Maker
Commodities
Cryptocurrencies
Forex
47
4
  • Good for beginners
  • Great customer support
  • Copy trading accounts
  • Expensive withdrawals
  • Local regulation only
111003/ 5
110.5002.5/ 5
111104/ 5
100001/ 5
1110.503.5/ 5
11110.54.5/ 5
11110.54.5/ 5
73% of retail investor accounts lose money when trading CFDs with this provider
200:1
1.50 pips
Bronze
Gold
Premium
Silver
Sirix
Bank Transfer
Neteller
Visa
Mastercard
Fasapay
Fees Included in Spread
Find An Approved Broker
AlertTradeForexSA does NOT recommend GT247 due to unfairly high trading costs. We suggest you continue your search using our approved brokers list.

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