GTSEnergyMarkets was established on May 22, 2000, and registered in Cyprus as a forex and contract for difference (CFD) broker. It primarily offers financial trading services such as forex, precious metals, energy, and index CFDs to investors. The company is headquartered in London. The broker's official website mainly supports English services and does not provide services to residents of certain jurisdictions, including the United States, Iran, Cuba, Sudan, Syria, North Korea, Belgium, Canada, and Japan.
Corporate Background and Regulatory Status:
According to public information on its official website, GTSEnergyMarkets, with the full name GTSE Capital Group Ltd, was previously known as EIGHT PLUS CAPITAL LTD and operated under trading names ACIER FX LTD and ARGUSFX LTD. The company's registered address is 30 Tempon Street, Engomi, 2408 Nicosia, Κύπρος, with the registration number 111588. According to Whois query information, the broker's official website domain was registered on November 25, 2018. GTSEnergyMarkets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with the authorization date being August 10, 2017, and license number 334/17.
Trading Instruments:
Forex: The forex market is the world's largest financial trading market, with a daily trading volume exceeding $3 trillion. Forex traders profit from the fluctuations in exchange rates by buying and selling one currency against another due to its high liquidity.
Precious Metals: Precious metals, both for long-term investment and short-term trading through derivative products and exchange contracts, have gained popularity among individual investors.
Energy: Crude oil is one of the most important natural resources globally and a significant commodity for trading. There are various crude oil futures contracts, with the most influential being WTI on the New York Mercantile Exchange (NYMEX), Brent on the Intercontinental Exchange (IPE), and Dubai Sour on the Singapore Exchange (SGX).
Index CFDs: Trading index CFDs allows investors to trade the overall market trend represented by the index rather than individual stocks, providing an opportunity to profit from market movements.
Trading Platform:
GTSEnergyMarkets offers the MT5 trading platform, available for PC, Android, and iOS. MT5 is a widely regarded trading software that supports various order types and execution modes. The platform provides a charting system with 21 timeframes, over 80 technical indicators and analysis tools, free financial news, and an economic calendar. It supports trading in forex, precious metals, indices, and energy on both PC and mobile, allowing users to use expert advisors (EAs) for strategy testing and execution. MT5 also offers a free demo account and additional services for purchase or customization.
Affiliate Program:
The broker offers a paid Introducing Broker (IB) program to individuals and institutional clients worldwide. Partners introducing new business to GTSEnergyMarkets through this program receive commissions based on the relevant trading volume, with higher volumes leading to higher commissions.
Customer Support:
Users can contact GTSEnergyMarkets for customer support via phone at +357 22 222 804 or email at support@mail.gtseforex.com.
Summary:
The broker is marked as "operating normally" on Traderknows.
