AMarkets is a multi-asset class broker offering trading on Forex ECN, Commodities, Cryptocurrencies, Bonds, Metals, Indices and U.S Equity CFDs, across MetaTrader 4/5 and MetaTrader 4/5 for Desktop, Web and Mobile on Android and iOS.
GTCM, Global Trading Capital Market, is owned and operated by a Cypriot investment firm named Depaho Ltd. This Forex trading brokerage is fully registered by CySEC and is fully compliant with ESMA (European Securities and Markets Authority) standards. The broker offers Forex, indices, stocks, commodities, options, ETFs and Crypto assets for trading on PROfit web platform.
|#||Broker's Features||GTCM Availability||AMARKETS Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GTCM vs Amarkets.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GTCM offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Options, while Amarkets offers Stocks, Currency pairs, Bonds, Precious metals, Cryptocurrencycurrency and more.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. GTCM is STP, while Amarkets is N/A.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GTCM is regulated by CySEC, FSCA, while Amarkets regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Languages Available: Next lets have a look at each broker's different Language options. GTCM offers , while Amarkets offers Arabic, English, Farsi, Russian, Ukrainian Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. GTCM offers Credit/Debit Cards, E Merchant Payment Solutions different payment methods for each account types, while Amarkets offers Credit/Debit Cards, Skrill, Webmoney, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GTCM makes PROfit available to clients, while Amarkets offers MT4, MT5.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Amarkets is more reliable based on our criteria above. Only Amarkets Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Amarkets offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Amarkets has a wider range of languages in which customer service is offered making the broker more accessible.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.