GTLOT Broker Summary
- Overall Rating
GTLOT is a trading platform that works at providing institutional and retail investors with a unique sense of belonging in the investment section of the financial market. It offers the best fit for beginners to crypto trading while exposing them to diversities in assets trading. As an experienced broker, GTLOT understands the place of trading without informed decisions. It offers traders with limited experience the chance at trading and maximizing their profits.
Over the last few decades, the financial world has undergone significant evolution with digital trading taking full form. As a result, there is a plethora of financial products, and trading platforms where investments choices are directed to and people amass their fortunes.
However, the sophistication of online trading options has made it such that navigating through platforms, especially as a beginner is tasking. Only a few stand out with offerings tailored to attend to the needs of clients of all various experience level.
One such trading platform is GTLOT. As an intuitive platform, GTLOT provides users with a crypto trading system alongside unique investment options. It works at bridging the gap between the mainstream financial world and the crypto world with its regulated environment of trade.
For this piece, we review this broker, its range of services and how best it functions:
A Summative View of GTLOT
|Leverage||1:1 to 1:5|
|Assets Coverage||Cryptocurrencies, Currency Pairs, Commodities, Indices, Shares and Government Bonds|
|Trading Platform||TabTrader, iPhone (iOS), Android Trader, Desktop Platform|
|Trading Tools||Profit level, Accumulation/distribution moving average Indicators, Fibonacci Retracement levels, BTC Converter, Margin Calculator|
|Supported Payment Methods||Wire Transfer, Card Transfer, Crypto transfer|
GTLOT: Flexibility in Digital Trading
In response to the constant demands for a unified environment for access to a wide range of assets, GTLOT came to be. GTLOT is a provisional online trading place that opens its doors to various investment options.
While it has its sight set on proffering solutions to the diverse trading challenges by listing several assets, it focuses the bulk of its research on cryptocurrencies. Though the inception of cryptocurrencies heralded an explosion of interest in alternate investment choices, mainstream adoption had been remarkably inhibited.
This is seemingly so due to the regulatory oversight in the world of cryptocurrencies. Furthermore, advancements in technology appear to be a double-edged sword as online trading continues to be susceptible to malicious purposes. As a result, there is a continuous demand for legitimate crypto trading sites.
GTLOT seeks to bridge the chasm between the financial world and crypto trading by providing a way for crypto enthusiasts to trade their digital assets easily. It is registered in Amsterdam and subject to various regulatory principles.
As such, GTLOT presents a regulated environment for trade. Beyond this, this broker enlists due market knowledge to provide an extensive list of assets. It has a portfolio of over 300 financial instruments.
As a financial exchange, it also opens its arms to global inclusion by providing easy ways of interacting with its system. It allows various means of payment and helpline for due contact. Leverage and margin trading is enabled on the network.
At GTLOT, participants have leverage up to 5 depending on the asset class chosen. Margin trading is also enabled.
Regulatory Compliances and Trust
As mentioned above, GTLOT provides a regulated culture for digital trading. It has its base in It has its base in Amsterdam, Netherlands and is subject to the digital trade laws in place. It features an Anti-money Laundering Policy that ensures that sources of funds are relatively traceable.
For compliance with the AML policy, GTLOT requires that clients provide adequate data for easy tracking. To achieve their part, the company enlists the expertise of an electronic system that records and validates clients’ information.
To further aid transparency goals, GTLOT includes a KYC policy that puts them in direct line with their clients. While it helps them to manage accounts better, the KYC policy helps them to anticipate the needs of the clients.
Traders or clients are required to provide the trading platform with personal data, copies of valid national IDs, photograph and passport for verification of identity. Furthermore, in compliance with jurisdictional laws, clients may be required to provide financial details.
Beyond jurisdictional compliance, financial details that should be submitted on the platform is dependent on the financial instruments of trade. GTLOT makes use of the data in their base to keep track of funds and protect their clients.
The broker offers no particular protection on stop-loss and coverage on private investments. They warn that clients should be prepared to take risks on investments with due attention to the relevant landmarks.
Security and Privacy
Security on GTLOT is two-tiered and based on the standard Secure Socket Layer (SSL) encryption. The trading platform uses layers of encryption to provide accounts with privacy and security.
Beyond GTLOT’s protection of data and funds, clients are implored to keep their passkeys simple and private. It has extensive documentation system that focuses on the best service execution and treating conflicts of interest.
While the broker requires that information be submitted upon registration and interaction with its trading platform, it gleans from the immutability of crypto technology by encrypting all data on its system.
So, customers are virtually not in danger of losing their personal information and other trade information to prying hands and eyes provided they keep their passwords private.
Trade and Investment Diversity
The ultimate goal of every standard digital broker is providing its clients with a broad tableau of assets to support investment diversity. GTLOT takes this role up a notch by presenting its customers with diverse financial instruments for choice.
GTLOT offers over 300 financial instruments to its clients with access to global financial markets. On this platform, you get to trade on indices, shares, stocks and commodities. The broker allows you to interact with top technology companies like Apple and Google.
With reference to the growing crypto community, GTLOT extends its services to crypto products. With a market marker on the performance of cryptocurrencies and views of the latest news in the community, you get to view the market movement of over 540 crypto assets.
The exchange offers a wide variety of crypto assets with unrestricted access to 15 cryptocurrencies with up to 22 crypto pairs. They include:
- XRP/ BTC
- BCH/ BTC
- BCH/ ETH
- BCH/ ETC
- LTC/ BTC
- LTC/ XMR
- EOS/ BTC
- ADA/ BTC
- XLM/ BTC
- XMR/ BTC
- TRX/ BTC
- NEO/ BTC
- ETC/ BTC
- ETC/ ETH
- DASH/ BTC
- DASH/ ETH
- DASH/ ETC
- IOT/ BTC
- ZEC/ BTC
- ZEC/ ETH
- BTG/ BTC
GTLOT Trading Platform
The GTLOT trading platform is web-based and generally engineered for easy navigation. It is simply designed such that even beginners get to easily skip over associate complexities. The platform features a system that works at giving users the unique experience.
The GTLOT trading platform also features mobile versions that are adaptable by Android and iOS systems. These versions allow easy synchronization on the platform with full and well-equipped menus. The added advantage here is that the need for installation or download is negated.
Charting features are enabled albeit limited on the mobile version. The charting platform is equipped with several drawing tools and indicators that make it easy to make decisions while customizing the platform to suit their taste.
Summarily, GTLOT places stock on trading on-the-go and fostering inclusion. It designed its platform such that clients can trade from different locations and devices across the globe.
As mentioned above, interaction with the system is relatively easy and trading decisions based on the information supplied by the network is clear-cut. With this optimally designed system for trade, clients get to trade live and straight from the charts, trade ticket, and create an individual watchlist.
It is just as well as that GTLOT enables a form of CopyTrading on its platform. With this form of CopyTrading, traders get to watch the performance of other traders, gain insights on the markets while training in better decision making.
The trading dashboard is informative. It showcases the current price of the asset, minimum amount allowed, leverage as well as the maintenance margin.
Customer Support and User Experience
Customer support is one of the most essential features of every business and enterprise. The broker features a contact page or customer request page that refers to round-the-clock support.
The contact page opens to a listed phone number, company address alongside a map, and an info email address. The response is not precisely prompt but works fine if you are willing to wait. The info email address bounces back in some cases but works in other cases.
The lack of an FAQ section in the Help Center link practically invites client frustration as fully understanding the structure of the platform before registration is limited. This lapse in the customer support system is made up for by an easy user interface.
GTLOT especially stands out with its Call back feature. It allows customers to further interact with the company’s customer support system by getting a call from the system when necessary.
The registration and login links are easy to locate. Registration is simple and straightforward provided the requirements are met. The dashboard also leads to several aspects of the trading platform that is remotely interactive.
It is open and informative. You get automatic calculations of equity, account balance, profit or loss as well as margin usage.
Education and Research
GTLOT basically functions as an intuitive platform that accommodates entry-level participants as well as experts. Its homepage opens to widgets that details the resources needed for knowledge.
With a relatively high percentage of its services placed on cryptocurrencies and related projects, GTLOT provides its clients with the necessary educational materials. You’d find an Education panel that provides adequate information about the crypto market, prices and evens.
It also has a News panel that though bare-boned works at keeping clients abreast of the economic landmarks, events and necessary market movements. Upon registration, GTLOT has forex experts ready to take clients through the trade journey.
The education and research package also includes seminars, the aforementioned market news update, and forums. If you look further, you will find a Crypto Glossary that provides you with detailed information about the terms commonly used in the crypto community.
Withdrawals and Deposits
GTLOT appears transparent in matters regarding fund distribution and investments. This is why it requires that specific details be presented on registration and before the trade. On this brokerage, investors are offered up to 200% in payouts on initial investments.
Clients are required to deposit funds in Bitcoin (BTC) or USDT depending on the method of transfer as well as investment choice. Security of funds in the system is guaranteed and instant withdrawal is enabled. There are no hidden fees on withdrawal or deposits.
GTLOT requires that deposits made on the network where the name of the client is present should match the client’s name in the company’s database. The same is to go for withdrawals. This is done such that funds are traceable in case of discrepancies.
It is essential to note that deposits made by wire transfer should be withdrawn to the same financial institution and account where they originated. Electronic systems of currency transfers are not left out of the set rules.
Deposits made via this channel should be withdrawn through the same channel. Beyond verification of documents, GTLOT harnesses these modes of funds transfer to track payment movement.
Based on the compliance prints of the company, details of financial movement on its platform allow the system to flag any suspicious moves and track fraudulent activities.
Payment Methods or Modes
GTLOT makes payment and investment easier by having multiple channels of payment integrated into its system. Beyond wire transfer, you get to deposit and withdraw with credit cards and other systems of transfer.
The payment mode includes:
- Visa Card
- Visa Electron
- Western Union
You’d find others on the home page of the company’s website.
Register and Trade on GTLOT
GTLOT is a regulated broker and is subject to several jurisdictional regulations. As a financial broker, it places a part of its research on fighting against Money Laundering and other fraudulent activities.
This is perhaps one of the best appeals of the trading platform. As an intuitive trading place, it works at helping clients make informed decisions while also giving them the flexibility of trade.
GTLOT makes the majority of its clientele goals possible by requesting compliance with several rules and provision of certain documents before venturing into trade. Registration is simple and swift provided you have the necessary requirements and meet the requests. These include:
- Personal details such as last name, first name, age, occupation and marital status. The required minimum age limit for registration on the platform is 18.
- Copies of ID, International Passport, and photograph.
The broker also requires KYC compliance to properly monitor funds and data through its electronic system. Here, clients are required to provide the following documents before making deposits or trading on the network:
- Copies of valid International passport with the clear view of the signature page
- Financial details such as copies of credit cards that will be used for deposit. The copies should contain the front side with the last four digits visible and the CVV covered.
- Copies of a utility bill (a recent one) containing the client’s name and address.
- Signed purchase history of online transactions.
The documents requested allow the broker to anticipate the needs of the clients and better protect their funds. The advantage of trading with GTLOT on this front is that all forms of data are protected with layers of encryption thus protecting the interest of the clients.
GTLOT gives crypto investors a great fit. Though spread through several aspects of the financial market, the broker focuses on the benefits of cryptocurrencies. In addition to a well-equipped library of charting tools and indicators, it features a BTC converter.
The highlight of this particular tool is that it is available for both visitors and clients willing to convert their BTC to USD at current rates. The tool also includes conversion to other currencies such as EUR, CNY and GBP.
What You Need to Know
GTLOT is a trading platform that works at providing institutional and retail investors with a unique sense of belonging in the investment section of the financial market. It offers the best fit for beginners to crypto trading while exposing them to diversities in assets trading.
As an experienced broker, GTLOT understands the place of trading without informed decisions. It offers traders with limited experience the chance at trading and maximizing their profits.
While the financial broker offers no guaranteed stop-loss protection, it provides adequate protection to funds available in the clients’ accounts. It makes it stand as a regulated broker and ensures that additional protection is accorded to clients through compliance and policies.
As such, clients are relatively protected from losing out their funds to the constant malicious hacks associated with digital platforms. Conclusively, it is essential to note that as with all forms of digital trade, trading decisions are susceptible to losses.
Hence, as a would-be trader, it is best to test the waters before making a dive. Start small, understand the market markers, and trade blissfully.