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Score
United Kingdom
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 9
Exposure
Score
Regulatory Index0.00
Business Index4.97
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
GFT
Company Abbreviation
GFT
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Given that we have no information about the origins of the GFT trading platform, and the fact that it has only been operating for less than a year, it is evident that this is likely a fleeting, ephemeral trading platform with little to no industry reputation. The short operating history makes it challenging for such a platform to have established a credible reputation within the industry. Therefore, it can be reasonably inferred that this is simply a temporary, here-today-gone-tomorrow type of trading platform with no long-term sustainability.
WikiFX has given a relatively low score of only 1.02 out of 10 to this broker. This suggests that GPT does not possess the necessary credentials, financial stability, or operational transparency that one would expect from a reliable and trustworthy trading platform.
OTA Market's official website at https://gftplat.com/ is currently non-functional. When attempting to access this URL, the page fails to load properly, and ultimately results in a connection failure message.
Overall, GPT is an unregulated broker with a low score. Traders should exercise extreme caution when dealing with this broker. To learn more about the regulatory status and operational details of other brokers, please visit the WikiFX website.
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