GPT Trading FX (gpttradingfx.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: gpttradingfx.com.
The mobile app from GPT Trading FX (gpttradingfx.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: API access|Good analytical tools
Cons: Website design could be more modern|No fractional shares
Do not believe the bonus offer from GPT Trading FX (gpttradingfx.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Excellent charting|Market news feed|Responsive team
Cons: Charting tools need more indicators|Withdrawal takes 1-2 business days
Do not be fooled by the professional-looking website. Behind the scenes, GPT Trading FX (gpttradingfx.com) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Portfolio tracking tools|Professional team|Stable platform|Instant funding
Cons: Search feature is basic|Wish they had more educational resources
The reporting at GPT Trading FX (gpttradingfx.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Fast deposits|Portfolio tracking tools|Reliable uptime
Cons: Slow to add new assets
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. GPT Trading FX (gpttradingfx.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-device support|Dividend tracking|Educational resources
Cons: Minimum deposit could be lower|No crypto staking
GPT Trading FX (gpttradingfx.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Two-factor authentication|Clean UI
Cons: Email notifications too frequent|Alert system is basic
My withdrawal from GPT Trading FX (gpttradingfx.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Copy trading available|No hidden fees|Dedicated account manager
Cons: None so far|Wish they had more educational resources
The hidden fees at GPT Trading FX (gpttradingfx.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Reliable uptime|Wide product range
Cons: No fractional shares|Desktop app not available on Linux
The only good thing about GPT Trading FX (gpttradingfx.com) is that they remind you why regulation matters. I found them from a blog post comparing services. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast deposits|Social trading features|Copy trading available|Risk management tools
Cons: Slow to add new assets|Inactivity fee applies after 12 months
GPT Trading FX (gpttradingfx.com) locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Educational resources|Portfolio tracking tools|Low minimum deposit|Good mobile app
Cons: Inactivity fee applies after 12 months|None so far