GTlot Review – Is GTlot.com a Good Trading Platform?

gtlot-review
GTlot
  • Overall Score
4.5

Summary

When you sign up with GTlot, you can enjoy flexibility while trading, freedom in the instrument you want to trade and peace of mind were security is concerned, making it a good and trustworthy broker for all.

GTlot Review

gtlot-logoDo you want to start your career in online trading? Thousands of people all over the world are drawn towards this opportunity. This is due to the fact that it is possible to trade in various financial markets from the comfort of your home and earn millions through it. It has prompted people to take interest in trading a huge array of financial instruments because they can generate a substantial amount of money through it. Who doesn’t want to have an extra source of income? Obviously, everyone will be thrilled to earn some more, but it should be noted that you have to make an effort in order to do so.

If you want to start trading and want to make profits from it, then you will also have to learn and understand how the market works. If it didn’t need any effort on your part, everyone would be trading different financial instruments nowadays. But, there is some work to be done and the first thing you have to do is find a brokerage to use. A broker is important because they give you access to a comprehensive platform and provide you with all the tools that you need during the trading process. Nevertheless, the process of choosing a broker is not as straightforward as you may believe.

As a matter of fact, it has become quite a challenge nowadays because the market is teeming with brokerages and deciding on one is easier said than done. Opting for the first broker you see is not the right way to go about it and some comparisons and research is vital for selecting the best broker for your needs. This has become more important than ever because the number of scams in the market has also risen exponentially. As popularity of online trading increases, so do the scams.

Scam brokers have become rampant and they are so convincing that it can be almost impossible for people to distinguish them, unless they know what to look for. A lot of inexperienced traders and even some experienced ones have fallen victim to their marketing tactics and suffered the consequences in the form of stolen identity and funds. You need to steer clear of such brokers at all costs if you don’t want to deal with the same consequences. But, how do you do that? One way of making this process easier is by opting for a broker that has already proven itself to be a good and reliable one.

Indeed, such brokers do exist in the market and they have a solid track record to show exactly what they can accomplish. GTlot is a great example and like any other broker, it also serves as a bridge for traders and provides them access to various financial markets and allows them to trade more than 300 trading instruments. They also provide you with a great trading platform for trade execution and gives you access to all the right tools that all facilitate the trading process. You can take a look at their features and services and then make a decision.

The final decision is always yours and when you make the right choice, you will be able to take advantage of a broker’s services to make higher profits on your trades. If you want to trade through GTlot, you will have to sign up with the broker and share some personal details with them when doing so. Next, you have to add funds to your account to start trading. The good news is that GTlot provides its services in different countries around the world and is accommodating traders from different backgrounds. It has not restricted its services to a specific class of traders; it doesn’t matter if you are just starting your trading journey or have already had some experience, GTlot welcomes all.

gtlot-review

What does it offer to these traders? Continue reading to discover what it has included:

Is GTlot a legitimate broker?

The first and most important question that traders should ask about any broker is whether it is legitimate or not. You don’t want to use a shady broker because it could turn out to be a scam or it will leave you vulnerable to cyberattacks. GTlot is not such a brokerage as it is registered in Amsterdam, Netherlands. If you have any doubts about the company, you can check the broker’s website.

It has provided its complete physical address there and also shows you the location where it is based. This reassures traders that the brokerage does exist and is not one of the fake ones out there. Moreover, when you take a look at its policies and terms and conditions, you will realize that GTlot has held itself accountable for its behavior and it acts in a responsible manner in every situation.

What can you trade on GTlot?

One of the most disappointing thing for traders when they visit the website of other brokers is the limited number of assets that are available for trading. Numerous brokers are known to make claims of offering thousands of assets for trading, but their true options are very limited and don’t offer much diversity either. Both new and experienced traders will be disappointed because the former want to select an asset that’s easy to trade and highly profitable whereas the latter are interested in variety because they want to implement portfolio diversification. Doing so helps them in controlling their losses significantly and maximizing their returns.

While other brokers may not accommodate you in this regard, GTlot has accumulated a huge variety of financial assets that can be traded through its platform. It does live up to its claim of offering more than 300 financial instruments for trading. The options begin with forex currency pairs and traders can invest in major, minor and even rare ones. The broker also offers some of the world’s biggest indices for trading, such as S&P 500. If you want to trade commodities, the broker offers options there as well. These include precious metals, agricultural commodities and energies. Stocks of some of the most renowned companies in the world are also available to trade with the broker.

You can trade stocks of technology companies like Apple, Google, Microsoft and more. However, the most prominent addition that GTlot has made to their list of financial instruments is cryptocurrencies. The broker has added a wide array of cryptocurrencies to their index for enabling traders to take advantage of this newest trend. The best thing about the broker is that they haven’t just focused on the leading market options in the crypto industry. Along with Bitcoin, which is the biggest cryptocurrency in terms of market capitalization, the broker offers plenty of other crypto coins as well. These include Litecoin, Ethereum, Ripple, Bitcoin Cash, NEM and Monero.

Traders can choose any combination of assets for making their investment via GTlot and enjoy great returns while keeping their losses under control.

Does GTlot have a good trading platform?

The trading platform of a brokerage is worth checking out because it is the software you use for executing your trades. If the trading platform is not up to the market, the rest of the features offered by the brokerage become irrelevant. After all, trading is primarily about making trades and most of your time will be spent using the trading platform. If you check some brokers in the market, you will discover that each of them offers a different platform for trading. While there is no harm in doing that, you need to do your homework and ensure that your chosen broker gives you a platform that boasts modern technology and all necessary tools and features.

Following the trend, GTlot also has its own trading platform, which is downright impressive. The first thing to know about this trading platform is that it doesn’t require any downloading and installation. This is certainly a relief for traders because this process is often complicated, especially for someone who is not that familiar with technology. But, then how can you use the trading platform? The broker has developed an award-winning web trading platform, which is accessible through their website. Hence, when you want to trade, all you have to do is just log onto the broker’s website.

This kind of trading platform can offer some prominent benefits, which include:

  • Cross-device functionality: The most notable feature of a web trading platform is that it doesn’t tie you down to once device, something that a desktop client does. You can use this platform on any device, be it your desktop PC, laptop, smartphone or tablet. It works the same on all devices and allows you to execute trades quickly and in real-time.
  • Advanced charting functionality: Another major perk that GTlot’s trading platform offers is its advanced charting functionality. There are various charts that can be found and they help traders in highlighting trends and patterns that can be used for making smart and timely decisions.
  • Access to market news: The GTlot trading platform provides traders with access to the latest market news as it happens, which also plays an important role in decision-making and can affect a trader’s bottom line.
  • Intuitive user-interface: One of the most appealing features of the broker’s trading platform is its highly intuitive user-interface. It is powered by some of most advanced technology, which allows it to perform transactions quickly. Yet, it is extremely easy to navigate for newbies as well as pro traders. You can enjoy one-click trading, which means very little effort is required and the platform is highly responsive.

The trading platform is quite flexible and is loaded with various tools, but GTlot has still made an effort to provide further convenience to its clients. This is evident from the introduction of mobile apps for its trading platform that are available for iOS and Android devices. With these apps, traders can log into their accounts regardless of where they might be and can trade while on the move. The apps are also user-friendly and are equipped with the essential tools and technology that can come in handy and offer traders a smooth trading experience.

How to Start Trading with GTlot?

Now that you are aware that GTlot offers you a good variety of assets and has a sophisticated and advanced trading platform, your next step would be to sign up with the broker in order to begin trading. But, how do you do that? Most brokers are known to have a complicated signing up procedure that can often be discouraging for traders. If you have to share too much information, it is bound to make you uncomfortable. In addition, some brokers also have approval procedures in place under which traders have to first register with them, wait for their application to be approved and then be able to trade.

None of these are an issue with GTlot because the broker has a very simple and straightforward procedure for its clients. It allows you to start trading right away after you have filled out the form on its website for opening an account. Even filling out the form takes a couple of minutes because it only requires basic details and not any other detailed information that can make you feel vulnerable. You can easily check the form on the broker’s website, but it is recommended that you first read their terms and conditions as you will have to agree to those when creating an account.

Once you have done that, you can provide the required details, which include your full name, email address and password, phone number and your country of residence. Two account currency options are supported by GTlot, which are USDT and BTC respectively. You need to choose one option and then accept their terms and conditions. Lastly, you have to confirm that you are above 18 years of age and submit your application. The process ends here and your account will be created right away. No charges are involved in this process and there is no setup fee or any other hidden fee for you to worry about.

Is there any education provided to traders by GTlot?

In the past few years, the interest in trading has increased exponentially. People who are nearing their retiring age are trying their luck in this market because they believe they will be able to earn enough to have luxurious post-retirement lives. Similarly, there are also youngsters who want to invest in numerous financial instruments because they want to get out of the usual 9 to 5 grind. Nevertheless, it is important to know that age is not relevant in the world of trading. The only thing that matters is how much knowledge and skill you have when you put your money on the line.

The world of online trading is constantly evolving, which means learning is an ongoing process and can never stop. Whether you are a complete beginner or a seasoned pro, you need to continue your trading education and GTlot provides you the perfect opportunity to do so. It has created a GTlot Academy where it provides training and education to its clientele to help them perform well in the trading market. There is basic training and education available, which is aimed at newbies and people with zero experience so they can familiarize themselves with the workings of the financial market.

Moreover, there is detailed and advanced training and education that allows seasoned traders to learn new strategies, find out about new tools they can use and gain insight into what other experienced traders are up to. Hence, all kinds of traders will be able to learn the ins and outs of trading, which can aid them in earning more profits. The training material is provided in several formats on the GTlot website. If you prefer to take your time while learning, it gives you the option of using e-books.

You can also find video-based training material, which can be used if you want to learn as quickly as possible in order to start making profitable trades. The in-depth training will also discuss different aspects of the market and can assist traders in hedging their risks and maximizing their profits. Webinars from professional traders are also included to provide useful insights to the traders and one-on-one guidance and assistance is also provided for their benefit.

Does GTlot have any security policies?

Traders find it annoying when they have to provide information to brokers at the time of sign up, but it is actually in their favor in the long run. Brokerages that implement the KYC (Know Your Customer) policy are the ones who usually demand such information. As a matter of fact, it is best to avoid brokerages that don’t have such policies in place because these are meant for your protection. The purpose of introducing this policy is to keep trading fair and transparent at all costs. If the broker doesn’t confirm the identity of a trader, there is a possibility that they might not be who they say they are. This is how scammers often gain access to a broker’s platform.

Secondly, GTlot also implements the AML (Anti-Money Laundering) policy because there are people out there who only trade online for saving their laundered money. They essentially steal someone else’s money and then try to make them appear as funds gained through trading. Obviously, these people are criminals and no broker wants them to be using their platform. These policies are strictly followed by the broker and they are highlighted clearly on their website. If a trader does not comply with these policies, they will not be able to trade through their account. Some of the requirements that have to be fulfilled with these policies include:

  • Submitting a national ID card, passport or driver’s license as proof of identity. Any one of these documents would do the job.
  • Submitting a credit card bill, utility bill, bank statement or any other affidavit as proof of address. The document shouldn’t be more than three months old.
  • Using the same method for making deposits on GTlot and withdrawals as well.
  • Using accounts in your own name for making deposits and withdrawals and not adding any third-party accounts.

Apart from these security policies, GTlot also has a privacy policy for protecting all the user information it asks for. They have implemented top standards of encryption and as soon as clients share any data, it is encrypted instantly. No outsider or third party can access this information without the broker’s permission.

How Good is GTlot’s customer support?

Customer support doesn’t really get any attention from online brokers. As a matter of fact, after you visit a couple of websites, you will realize that most brokers deliberately conceal their contact information as if they don’t want to help out their clients. Not having reliable customer support is one of the biggest blunders that brokers can make because traders will not want to sign up with someone who cannot assist them in times of a problem. You never know what kind of problem you might encounter when you are online and if you don’t have anyone to help you out, it can lead to a disaster.

This is where you realize that GTlot is different from the rest of the brokers in the market. It has provided multiple ways to its customers for getting in touch with its representatives. Firstly, you will find a contact form available on their website where you can provide your email address and write a detailed message about your issue. If you don’t want to use the form, you can directly use their email address that’s provided on their website. If the problem requires immediate attention, you can use the phone number that’s given and they even let you schedule a callback at your chosen time.

Final Thoughts

When you sign up with GTlot, you can enjoy flexibility while trading, freedom in the instrument you want to trade and peace of mind were security is concerned, making it a good and trustworthy broker for all.

Ifeanyi Egede

Author: Ifeanyi Egede

Ifeanyi Egede is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and platform review based. We recommend staying tuned with Ifeanyi's latest posts as they are always a great and interesting read.

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