The company claims to be a “world-class” technology resource and prides itself on providing customers with an exceptional trading experience. In addition, it allegedly has offices in Australia, the UK, and Switzerland. However, this organization does not show any licenses on its website for unknown reasons.
Is it safe for you to trade here? Our GBTC Markets review, in which we will examine the project in detail, will help you understand this broker’s reliability.
How to Trade
The WebTrader trading platform functions on all types of devices. The firm provides access to more than 250 products, including Forex and CFDs on commodities, stocks, indices, and metals. The broker’s services include:
- 5 account types.
- Minimum stakes of $25.
- Accurate execution of stop orders.
- Guaranteed returns from 2% to 5%.
- Insurance reimbursement.
You can trade on this platform with spreads starting from 0.0 pips. However, the company does not specify the size of commissions and other fees.
The platform contains symbols of three social networks, but the links to the accounts are inactive. Live chat provides fast connection between customers and the support team.
GBTC Markets Vital Info
The brokerage organization does not provide information about its owners, managers, project start dates, and financial status reports. The lack of transparency is puzzling as potential clients will not be able to adequately assess the risks associated with trading on this platform. Note that the site was launched in September 2023, which is indicated by the date of domain creation.
As for the legal information, the owners do not show copies of any documents confirming the registration of the firm and regulation of its brokerage activities. We checked the UK, Australia, and Switzerland corporate registration databases, as well as the financial commission registers of these countries. GBTC Markets is not listed anywhere. So, the offices listed on the website are unlikely to exist.
These are real scammers! Do not invest money on gbtcmarkets.com under any circumstances! You will never be able to withdraw it. I fell into their trap and lost more than €30k !!!! Moral freaks work here, not people !
I've been trading for a few months, I'm still learning, so I'm not taking the risk of opening a deposit with large amounts. Although I like the choice of products on gbtcmarkets.com, it is really very wide, but this platform is not designed for beginners.
I found significant flaws in the swap system when analyzing the services of this company. The swaps were so high for long-term EUR/USD positions that any potential profit would have been offset by these costs. My losses amounted to more than 2,450 USD for a month due to unreasonably high swaps. I tried to dialog with representatives of gbtcmarkets.com, but my efforts did not lead to changes in the broker's work, I received only formal replies....
This is one of the few reliable brokers that offer favorable trading conditions. Demo account helps you to pass a high entry threshold, you will be enough of a test to understand the functionality of the site. Managers provide training materials and help customers at any time, analytics are good. Obviously, you can get losses, despite all the advantages of the brokerage company, the market is still unpredictable. However, this is less likely to happen with GBTC Markets than with other brokers, you will be fine if you have a goal to make a profit and you work hard.
The manager of this company wrote me on Instagram with an offer of cooperation, he said that the broker is launching a special program for beginners - first I will be able to learn everything, and then, if I want, try trading. This is such a promotion, a training marathon with free services from industry experts. I decided to give it a try since I had nothing to lose. Representatives of Gbtc markets gathered participants in one group for several days and told us by zoom about how to analyze the market, what are the pitfalls in trading, and how we should trade with profit. Well, I was confused by the fact that they did not show their faces, but showed different charts on the screen or just went audio with a picture. In general, everything was clear to me, so I decided to try to start working at gbtcmarkets.com, especially since they promised to insure the first deposit, that is, we will not leave with losses. I deposited 10,000 dollars at once, just like they said, and I made over 640 dollars in a week. They let me withdraw them and continue trading. I did, but the manager called me right after the withdrawal and in an almost hysterical voice started urging me to participate in some cool deal where I could increase my deposit 3-4 times. I had to deposit another $10k, I believed and doubled my deposit...I didn't earn anything else, and I didn't withdraw a single cent!!! All my money so went to these scammers who blocked my account.
These are scammers who first masquerade as a broker, and when I transferred them 15 thousand dollars, they helped me lose them in 2 weeks. This is a scam, don't rely on the integrity of a fake company...
The platform constantly disconnects at the most inopportune moment. I was trying to close a winning position and the terminal stopped responding to my commands. I lost more than $1,300 in one trading session because of this!!! Tech support is useless, operators do not solve problems. Don't contact gbtc markets, you will only get losses :(
This resource raises suspicions of deception and fraud. There are too many loud and bright words on the company's website, but they are not supported by evidence. Icons of social networks are not active, that is, there are no accounts! The minimum deposit is huge, why?! An honest broker with a worldwide reputation would not do this. I have many questions for this broker and I do not find answers. All the information is very suspicious and I would not cooperate with this firm.
The presence of low spreads is one of the most important factors by which traders now choose a broker. And many companies have started increasing them to absurd values in recent years. However, I can say that GBTC Markets does not do that. This is one of the factors that make me stay trading here :) I know for sure that the spread does not grow here, so I can think out my trading strategy immediately for a long time ahead, I work calmly. This plays quite an important role in tactical terms as well. For example, I get much more profit on short trades on the background of high market fluctuations, and only on one trade, if the spread is low. All these are clear advantages of this broker.
I work with this firm successfully, I manage to earn good money. Yes, they can delay withdrawals sometimes. Yes, slippages happen on this platform, where isn't there? The spreads are not too tight, but I am satisfied with everything, considering that there are no additional commissions, in general I trade with GBTC MARKETS quite comfortably.
The spreads caught my attention. That's probably the only thing gbtc markets has to offer. Tech support sucks! Operators can take up to a week to respond. I also started to notice problems with quotes, I think they occur not only for me. I invested a good amount of money, was able to earn a little, but in the end I can not withdraw money for the second week. Overall, I am disappointed. I will be leaving for another platform.
If you choose a forex broker, always pay attention to whether the company is legally operating in your country or not. This firm is not registered in Australia, I checked, so I decided to warn potential victims of this pseudo broker.
I advise you to pay attention to this broker, I have been trading here for a long time and I like everything. Training on demo account took me a little time (less than a week) and then I immediately moved on to real money. The income suits me :) I read the latest news on the site, watch analytics, it helps me a lot in making money. Spreads, commissions are very attractive on gbtcmarkets.com, they do not zero out profits and there are no hidden fees.
I was going to trade on a demo account and did not plan to transfer real money because I am not used to trusting large sums of money to unproven companies, but these damn scammers persuaded me to make a minimum deposit of $10,000! GBTC MARKETS promised a solid bonus, so I took a chance... However, these scammers blocked my account within a month after registration, without warning and without explanation. Of course, I had no time to withdraw anything, this scam brazenly took away my capital!
The service is terrible. Delays in execution of trades caused me to lose 30% of my deposit in just one trade. I thought it was a fluke at first, but I realized after a few similar losses that it is a system and it is called SCAM!!! The platform is designed for customers to always lose. Beware!
I have seen quite a few different sites that mimic real forex brokers. And many of them use the same tactics - they present themselves as a supposedly European resource. The founders of Gbtc Markets went even further - they indicate the addresses of offices that are located in Australia, Great Britain, Switzerland. At the same time, there is not a single proof that this firm exists and operates legally. You can write anything you want on your own site, especially if your task is to promote scam.
I want to warn all traders from working with this pseudo broker, because Gbtc markets does not withdraw clients' money! I deposited $50,000 into my account after successfully trading for the first three months and I will never be able to see my money again! Believe me, I have not been able to get justice for almost six months now. The scammers do everything to prevent me from taking my money: they blocked my account, they did not respond to any requests, they asked for all kinds of documents 1000 times, but all this was to no avail! They never gave me the money!