The Official Website Of GMT Trading Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-25 Swiss Financial Marekt Regulator, Adds GMT Trading To The Warning List
On July 25, 2022, The Swiss Financial Marekt Regulator (FINMA) Issued A Warning That GMT Trading Is Not Commercially Registered. You Can Visit The Following Website For Details: Https://www.finma.ch/en/finma-public/warning-list/gmt-trading/
2022-07-27 We, Upon Review, Confirm That GMT Trading Is An Unregulated Forex Broker
GMT Trading Claims To Be One Of The Best Forex Dealers, But Does Not Provide Any Information About Its Regulation. The Lack Of Such Important Information Can Be A Clear Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Licenses To Operate In A Prominent Position. This Is A Red Flag.
GMT Trading Also Claims That Its Company Is Located In Switzerland. Under Swiss Law, GMT Trading Shall Be Regulated By The Swiss Financial Marekt Supervisory Authority (FINMA) For The Provision Of Financial Services. However, We Found Only One Warning In FINMA For This Broker.
FINMA Has Issued A Warning Stating That GMT Trading Does Not Carry Out Commercial Registration. This Means That This Broker Is Providing Financial Services Without Authorization.
In Fact, GMT Trading Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investors' Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Broker.
Since It Is Now Impossible To Access The Broker's Website, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That GMT Trading Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: GMT Trading As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
