GENERAL INFORMATION
GAINFUL MARKETS Is An Unregulated Broker Based In Singapore That Has Not Developed A Website As Of September 2023. The Company Lacks Regulation, Which Raises Concerns About Investor Protection. It Offers Different Minimum Deposits And High Leverage Of 1:400, Which Could Expose Traders To Significant Risk. Spreads Vary Across The Seven Account Types, So Traders Must Carefully Consider Their Options. While It Offers A Proprietary Trading Platform As Well As Access To Forex, Stocks, Cryptocurrencies And ETFs, The Lack Of Demo Accounts And Educational Resources May Leave Traders With Limited Support And Guidance. Additionally, The Company's Official Website Is Currently Down, Which Adds To The Uncertainty Around Its Credibility. Traders Should Exercise Caution And Conduct Thorough Research Before Considering This Unregulated Broker.
Pros And Cons
GAINFUL MARKETS Offers A Wide Range Of Tradable Assets, Including Forex, Stocks, Cryptocurrencies, And ETFs, As Well As Multiple Account Types To Cater To Traders With Different Preferences. High Leverage Of Up To 1:400 And A User-friendly Proprietary Trading Platform Enhance Trading Opportunities. However, The Lack Of Regulation Of This Broker Raises Concerns About Investor Protection And Dispute Resolution. Additionally, A Lack Of Educational Resources May Hinder Traders' Skill Development. In Addition, As Of September 2023, GAINFUL MARKETS "untapped Website And Online Presence Requires Caution With Regard To Its Credibility.
Market Tools
Forex (Foreign Exchange): Traders Can Access The Forex Market Through This Broker, Which Is One Of The Largest And Most Liquid Markets In The World. Forex Trading Involves Currency Conversion, Allowing Traders To Speculate On Price Movements Of Currency Pairs Such As EUR/USD, GBP/JPY, And USD/JPY. This Is A Market Known For Its High Liquidity And The Opportunity To Profit From Currency Appreciation And Depreciation.
Stocks: Brokers Offer Access To The Stock Market, Enabling Traders To Invest In The Shares Of Listed Companies. Stock Trading Allows Individuals To Buy And Sell Ownership Of Companies, Potentially Benefiting From Capital Appreciation And Dividends. Traders Can Diversify Their Portfolios By Trading Stocks In Different Industries And Regions.
Cryptocurrency (Cryptocurrency): With The Increasing Popularity Of The Cryptocurrency Market, Brokers Offer The Opportunity To Trade Various Cryptocurrencies, For Example Bitcoin (BTC), Ethereum (ETH), Etc. Cryptocurrency Trading Involves Speculation On The Price Movement Of Digital Currencies, Which Can Fluctuate Widely. It Allows Traders To Profit From Price Increases And Decreases In The Cryptocurrency Market.
ETFs (Exchange Traded Funds): Exchange Traded Funds (ETFs) Are Financial Instruments That Represent A Diversified Portfolio Of Assets, Such As Stocks, Bonds Or Commodities. This Broker Offers ETF Trading, Allowing Traders To Invest In A Wide Range Of Assets Through A Single Instrument. ETFs Offer Diversification And Liquidity Benefits, Making Them A Popular Choice For Investors Looking To Diversify Their Risk.
Account Types
Standard Account (250 +): Standard Account Is An Entry-level Option For Traders With A Minimum Deposit Of 250 Or More. It Offers Standard Leveraged Trading, Introduces Users To The Trading Platform And Provides Access To A Personal Account Specialist. The Account Is Suitable For Those Who Wish To Start Their Trading Journey With A Set Of Basic Functions And Expert Guidance.
Bronze Account (3,500 +): The Bronze Account Is Designed For Traders Who Want To Further Enhance Their Trading Experience. With A Minimum Deposit Of $3,500 Or More, Users Receive Copper-level Leveraged Trading, One Insurance Trade And Additional Bonuses. They Also Have Access To Personal Finance Expert Guidance And Benefit From Educational Courses Tailored For Beginners.
Silver Account (10,000 +): The Silver Account Caters To Traders Looking For More Comprehensive Features. It Requires A Minimum Deposit Of 10,000 Or More And Offers Silver Leveraged Trading, Four Insurance Trades And Bonuses. Users Can Get Support From Personal Financial Experts And Gain Access To Standard Educational Courses. In Addition, They Can Develop Personal Financial Plans And Investment Strategies, As Well As Options For Company Financing.
Gold Account (25,000 +): With A Minimum Deposit Of 25,000 Or More, A Gold Account Is Suitable For Traders Who Need Advanced Features. It Includes Gold Leveraged Trading, Eight Insurance Trades, And Bonus Opportunities. Users Benefit From The Expertise Of Advanced Financial Experts And Access To Advanced Educational Courses. They Can Also Develop Personal Financial Plans And Investment Strategies, And Explore Options For Company Financing.
Platinum Account (50,000 +): A Platinum Account Is Tailored For Experienced Traders, With A Minimum Deposit Of 50,000 Or More. It Offers Platinum Leveraged Trading, A Large Number Of 16 Insured Trades, And The Assistance Of Experienced Financial Experts. Traders Can Develop A Personal Financial Plan With Advanced Investment Strategies, Enjoy Advanced Company Financing Options, And Gain Valuable Features Such As Trading Signals, Order Notifications, And Co-investment Programs. In Addition, They Are Kept Informed Of Current Trends And Economic Events.
Professional Accounts (100,000 +): Professional Traders Will Find A Professional Account Suitable With A Minimum Deposit Of 100,000 Or More. It Offers Professional Leveraged Trading, A Personal Financial Plan With Premium Investment Strategies, And Premium Bonuses. Users Can Also Benefit From Premium Company Financing, Daily Trading Signal Updates, Individual Order Notifications, Exclusive Contracts, Co-investment Programs, And Comprehensive Insight Into Current Trends And Economic Events. Advanced Customer Support Is Also Available.
VIP Account (250,000 +): VIP Account Is An Exclusive Service Exclusively For Elite Clients, Requiring A Minimum Deposit Of 250,000 Or More. It Is Equipped With Modified And Improved Procedures That Ensure VIP Clients Have Personal Experts Available 24/7 To Meet Their Specific Trading Needs And Provide Tailored Support. This Account Is Designed For Traders Seeking The Highest Level Of Personalized Service And Attention.
Leverage
The Maximum Trading Leverage Offered By This Broker Is 1:400. Leverage In Trading Allows Traders To Control Larger Position Sizes With Relatively Small Funds. With A Leverage Ratio Of 1:400, Traders Can Magnify Their Trading Positions Up To 400 Times The Initial Investment Amount. While Higher Leverage Can Amplify Potential Profits, It Can Also Significantly Increase The Level Of Risk. Traders Should Exercise Caution And Have A Thorough Understanding Of Leverage Before Using It, As Leverage Can Lead To Significant Gains Or Losses Depending On Market Movements. When Trading With Such High Leverage, It Is Essential To Manage Leverage Responsibly And Consider Risk Management Strategies To Protect Capital.
Spreads And Commissions
Spreads And Commissions GAINFUL MARKETS Vary Depending On The Selected Trading Account. Each Account Type Offers A Unique Spread Structure And Commission Considerations. For Example, A Standard Account Has A Minimum Deposit Of $250 And Offers A Variable Spread Of 0.0 Pips. However, Spreads And Commissions May Vary At Account Levels Such As Bronze, Silver, Gold, Platinum, Pro And VIP. These Accounts Cater To Different Budgets And Trading Objectives, Providing Traders With The Flexibility To Choose Based On Their Preferences And Strategies. It Is Important To Review The Details Of Each Account To Select The One That Best Fits Your Trading Objectives And Risk Tolerance.
Deposit And Withdrawal
GAINFUL MARKETS Offers A Variety Of Deposit And Withdrawal Methods For The Convenience Of Its Customers:
Deposit Methods:
Credit/Debit/Prepaid Cards: Customers Can Use A Credit, Debit Or Prepaid Card To Fund Their Trading Account. This Method Provides A Quick, Direct Way To Transfer Funds From A Customer's Card To Their Trading Account.
Bank Transfer: GAINFUL MARKETS Allows Customers To Transfer Funds From Their Bank Account To A Broker's Bank Account. However, Customers Are Advised To Contact Customer Support For The Necessary Information For Such Transfers.
Withdrawal Methods:
Bank Transfer: Customers Can Withdraw Funds From Their Trading Account To Their Bank Account. It Is Essential To Ensure That The Owner Of The Bank Account And The Trading Account Is The Same Person.
Please Note That While The Broker Offers These Deposit And Withdrawal Methods, Specific Details Regarding Fees, Processing Times And Availability May Vary. Customers Should Refer To The Broker's Official Website Or Contact Customer Support For Up-to-date And Detailed Information Regarding Deposit And Withdrawal Methods.
Trading Platform
GAINFUL MARKETS Offers A User-friendly, Proprietary Trading Platform That Is Accessible On Desktop And Mobile Devices. The Platform Offers An Intuitive Interface That Is Suitable For Traders Of All Levels. It Allows Web-based Trading Directly From The Browser, Thus Eliminating The Need To Download Software, Emphasizing Convenience And Accessibility.
CUSTOMER SUPPORT
GAINFUL MARKETS Offers Robust Customer Support To Help Traders With Questions And Concerns. Traders Can Contact The Support Team At The Following Contact Details:
Support Phone Number:
31203699504
6531590862
442030975462
Support Email Address:
Email: Support@gainful-markets.com
