GANN Markets

Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.

Leverage 1:500
Minimum Deposit $100
Regulation FCA, CySEC
Year Established 2018
Payment Methods Bank Transfer, Credit/Debit Cards, Skrill, Neteller, PayPal
Trading Assets Forex, Indices, Shares, Commodities, Cryptocurrencies
MT4
MT5
Spreads Low
Average cost: EUR/USD 0.4 pips
Demo Account
Islamic Account
CopyTrading
ZuluTrade
Scalping Yes
Signals
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Contact Information Email: [email protected], Phone: +44 123 456 7890
Address 123 Finance Street, London, EC1A 1HQ, United Kingdom
Rating ★★★★☆ 4.2
Website

Alternative Brokers

Article Content

Pros and Cons

Pros
  • Competitive Spreads
  • Wide Range of Trading Assets
  • User-friendly Platform
  • Excellent Customer Support
  • Regulated by Major Authorities
Cons
  • Limited Educational Resources
  • No ZuluTrade
  • Withdrawal Process Can Be Slow
  • Occasional Platform Downtime
  • High Leverage Risk

Introduction

Company Background

Founded in 2018, GANN Markets operates with the mission to provide superior trading conditions and services.

The broker’s commitment to regulatory compliance and customer satisfaction has helped it establish a strong presence in the competitive financial market.

Operating under the regulation of two major financial authorities, the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), the company adheres to high standards of transparency, security, and operational integrity.

Create a Free Account

Regulatory Compliance

Regulation is a critical aspect of any brokerage firm, providing traders with assurance regarding the safety of their funds and the fairness of trading practices.

GANN Markets’ compliance with FCA and CySEC regulations is a testament to its commitment to maintaining industry standards.

This dual regulation ensures that client funds are held in segregated accounts, and the company undergoes regular audits to ensure compliance with financial laws and regulations.

The FCA and CySEC are known for their stringent standards, which means the broker is subject to rigorous oversight, enhancing trust among its clients.

Regulatory Bodies Overview

Financial Conduct Authority (FCA)

The FCA is a leading regulatory body based in the UK.

It is responsible for ensuring that financial markets operate in a fair, transparent, and competitive manner.

The FCA’s regulations require firms to adhere to strict standards regarding the handling of client funds, transparency in operations, and overall business conduct.

Cyprus Securities and Exchange Commission (CySEC)

CySEC is the financial regulatory agency of Cyprus. It oversees the activities of investment firms to ensure they comply with European Union financial directives.

CySEC’s regulations focus on ensuring financial transparency, protecting investors, and maintaining market integrity.

Trading Platforms

MetaTrader 4 (MT4)

MetaTrader 4 (MT4) is one of the most popular trading platforms in the industry, known for its user-friendly interface and robust features.

GANN Markets offers MT4 to its clients, providing them with access to a wide range of trading tools and resources.

Features of MT4:

  • Advanced Charting Tools: MT4 offers multiple chart types and numerous technical indicators, allowing traders to conduct detailed technical analysis.
  • Automated Trading: The platform supports Expert Advisors (EA), enabling automated trading based on pre-set algorithms.
  • Secure and Reliable: MT4 is renowned for its security features, ensuring that trades are executed swiftly and securely.
  • Customizable Interface: Customers can customize the platform to suit their trading style and preferences.

MetaTrader 5 (MT5)

In addition to MT4, it also offers MetaTrader 5 (MT5), an upgraded version with enhanced features and functionalities.

MT5 caters to both retail and institutional traders with its advanced trading tools and superior execution capabilities.

Features of MT5:

  • Expanded Asset Classes: MT5 supports a wider range of trading instruments, including Forex, stocks, commodities, and cryptocurrencies.
  • More Order Types: The platform offers additional order types, providing users with more flexibility in managing their trades.
  • Integrated Economic Calendar: MT5 includes an economic calendar, helping traders stay updated with market events and news.
  • Enhanced Analytical Tools: The platform boasts more timeframes, advanced charting tools, and a larger selection of technical indicators.

User Experience

Both MT4 and MT5 are designed to cater to the needs of clients at all levels.

The platforms are accessible via desktop, web, and mobile applications, ensuring that traders can manage their accounts and execute trades from anywhere at any time.

The user-friendly interface and comprehensive tool sets make both platforms suitable for novice users, while advanced features cater to the needs of experienced users.

Comparison of MT4 and MT5

FeatureMT4MT5
Order TypesLimitedExpanded
Timeframes921
Economic CalendarNoYes
HedgingYesYes
NettingNoYes
Market DepthNoYes
Technical Indicators3038
Languages Supported30+30+

Account Types

GANN Markets offers a wide set of account types to meet the diverse needs of its clients.

Each account type is tailored to provide different levels of service, spreads, and trading conditions.

Standard Account

The Standard Account is designed for retail customers who are just starting their trading journey.

It offers competitive spreads and access to a broad range of trading instruments.

Key Features:

  • Minimum Deposit: $100
  • Leverage: Up to 1:500
  • Spreads: Variable, starting from 0.4 pips on EUR/USD
  • Trading Platforms: MT4 and MT5
  • Demo Account: Available

Professional Account

The Professional Account is suited for more experienced traders who require lower spreads and enhanced trading conditions.

Key Features:

  • Minimum Deposit: $5,000
  • Leverage: Up to 1:500
  • Spreads: Variable, with tighter spreads compared to the Standard Account
  • Trading Platforms: MT4 and MT5
  • Demo Account: Available

Islamic Account

GANN Markets also offers an Islamic Account that complies with Sharia law.

This account type does not incur any swap or rollover interest on overnight positions.

Key Features:

  • Minimum Deposit: $100
  • Leverage: Up to 1:500
  • Spreads: Variable
  • Trading Platforms: MT4 and MT5
  • Swap-Free: Yes

Comparison of Account Types

FeatureStandard AccountProfessional AccountIslamic Account
Minimum Deposit$100$5,000$100
LeverageUp to 1:500Up to 1:500Up to 1:500
SpreadsFrom 0.4 pipsTighter SpreadsVariable
Trading PlatformsMT4, MT5MT4, MT5MT4, MT5
Demo AccountAvailableAvailableAvailable
Swap-FreeNoNoYes
Get extra $40

Trading Instruments

One of its strengths is its wide range of trading instruments.

This variety allows diversifying portfolios and take advantage of different market opportunities.

Forex

Forex trading is one of the most popular asset classes, and it offers a broad selection of currency pairs, including major, minor, and exotic pairs.

Major Pairs:

  • EUR/USD
  • GBP/USD
  • USD/JPY

Minor Pairs:

  • EUR/GBP
  • AUD/NZD
  • GBP/JPY

Exotic Pairs:

  • USD/TRY
  • EUR/TRY
  • USD/ZAR

Indices

GANN Markets provides access to more than 40 global indices, enabling traders to speculate on the performance of major stock markets around the world.

Popular Indices:

  • S&P 500
  • NASDAQ 100
  • FTSE 100
  • DAX 30

Shares

Trading shares allows clients to invest in individual companies across different sectors.

Popular Shares:

  • Apple
  • Amazon
  • Google
  • Microsoft

Commodities

The broker offers trading in various commodities, including precious metals, energy products, and agricultural commodities.

Precious Metals:

  • Gold
  • Silver
  • Platinum

Energy Products:

  • Crude Oil
  • Natural Gas

Agricultural Commodities:

  • Coffee
  • Sugar
  • Wheat

Cryptocurrencies

Cryptocurrency trading has gained popularity, and GANN provides access to several major cryptocurrencies.

Popular Cryptocurrencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Ripple (XRP)

Overview of Trading Instruments

Instrument CategoryExamplesKey Features
ForexEUR/USD, GBP/USDHigh liquidity, 24/5 trading
IndicesS&P 500, NASDAQ 100Reflects overall market performance
SharesApple, AmazonInvestment in individual companies
CommoditiesGold, Crude OilHedge against inflation
CryptocurrenciesBitcoin, EthereumHigh volatility, 24/7 trading

Spreads and Fees

Spreads and fees are critical factors to consider when choosing a broker.

GANN Markets is known for offering competitive spreads and a transparent fee structure.

Spreads

The broker offers variable spreads that are competitive across all account types.

The spreads are generally tighter for the Professional Account compared to the Standard Account.

Sample Spreads:

  • EUR/USD: Starting from 0.4 pips
  • GBP/USD: Starting from 0.6 pips
  • USD/JPY: Starting from 0.5 pips

Commission

GANN Markets operates on a commission-free model for most of its trading instruments.

This means that traders do not have to pay additional fees on top of the spreads.

Deposit and Withdrawal Fees

This broker does not charge any fees for deposits and withdrawals, which is a significant advantage.

However, users should be aware that their payment providers might charge transaction fees.

Swap Fees

For non-Islamic accounts, it charges swap fees on overnight positions.

These fees vary depending on the trading instrument and market conditions.

Overview of Spreads and Fees

Fee TypeDetails
SpreadsVariable, starting from 0.4 pips
CommissionNone for most instruments
Deposit FeesNone
Withdrawal FeesNone
Swap FeesApplicable on overnight positions

Customer Support

Customer support is an essential aspect of any brokerage service.

GANN Markets prides itself on offering excellent customer support to its clients.

Support Channels

The company provides multiple channels for customer support, including email, phone, and live chat.

This ensures that clients can get assistance quickly and efficiently.

Availability

Customer support is available 24/5, aligning with the global financial markets’ trading hours.

This availability ensures that users can get help whenever they need it, regardless of their time zone.

Quality of Support

Its support team is known for being professional, responsive, and knowledgeable.

The team is well-equipped to handle a wide range of inquiries, from technical difficulties to account-related questions.

Customer Support Overview

Support ChannelAvailabilityResponse TimeQuality
Email24/5Within 24 hoursHigh
Phone24/5ImmediateHigh
Live Chat24/5ImmediateHigh

Educational Resources

Educational resources are crucial, especially those who are new to the financial markets.

While GANN Markets offers some educational materials, there is room for improvement in this area.

Available Resources

  • Webinars: The broker occasionally hosts webinars on various trading topics.
  • Articles and Guides: Provides a selection of articles and guides covering basic and intermediate trading concepts.
  • Demo Account: A valuable tool for beginners to practice trading without risking real money.

Areas for Improvement

  • Comprehensive Courses: The addition of structured courses for beginner and advanced traders would enhance the educational offering.
  • Regular Webinars: Hosting regular webinars on current market trends and trading strategies could benefit traders.
  • Video Tutorials: More video tutorials covering platform usage, technical analysis, and trading strategies would be helpful.

Educational Resources Overview

Resource TypeDescriptionAvailability
WebinarsOccasional, various trading topicsLimited
ArticlesBasic and intermediate trading conceptsModerate
Demo AccountPractice trading with virtual fundsAvailable
CoursesStructured learning for customersNot available
Video TutorialsPlatform usage, analysis strategiesLimited

Payment Methods

GANN Markets supports more than 15 payment methods, making it convenient for clients to deposit and withdraw funds.

Supported Methods

  • Bank Transfer: Secure and reliable, but can take several business days to process.
  • Credit/Debit Cards: Instant deposits and quick withdrawals, widely used by traders.
  • E-Wallets: Including Skrill, Neteller, and PayPal, offering fast and convenient transactions.

Processing Times

Deposits are typically processed instantly or within a few hours, depending on the payment method.

Withdrawals may take longer, usually between 1-3 business days, depending on the method used.

Overview of Payment Methods

Payment MethodDeposit TimeWithdrawal TimeFees
Bank Transfer1-3 Business Days1-3 Business DaysNone
Credit/Debit CardsInstant1-2 Business DaysNone
E-WalletsInstant1-2 Business DaysNone

Security and Privacy

Ensuring the security and privacy of clients’ information and funds is a top priority, and this company employs countless measures to protect its clients.

Data Encryption

The company uses advanced encryption technology to protect clients’ personal and financial information.

This ensures that all data transmitted between the client and the platform is secure.

Segregated Accounts

Client funds are held in segregated accounts, separate from its operational funds.

This practice ensures that clients’ money is protected even if the broker encounters financial difficulties.

Regulatory Compliance

Being regulated by the FCA and CySEC, the company adheres to strict regulatory standards.

This includes regular audits, financial reporting, and adherence to best practices in client fund protection and operational transparency.

Overview of Security Measures

Security MeasureDescription
Data EncryptionAdvanced encryption for data protection
Segregated AccountsClient funds kept separate
Regulatory ComplianceAdheres to FCA and CySEC standards

User Reviews and Reputation

User reviews and the broker’s overall reputation in the market provide valuable insights into its performance and reliability.

Positive Reviews

Many users praise them for its competitive spreads, wide range of trading instruments, and efficient customer support.

The availability of both MT4 and MT5 platforms is also highly appreciated.

Negative Reviews

Some users have reported occasional issues with platform downtime and slow withdrawal processes.

While these complaints are not widespread, they highlight areas where the broker could improve.

Industry Reputation

GANNMarkets has built a solid reputation in the industry, especially considering its relatively short time in operation.

The broker’s adherence to regulatory standards and commitment to providing quality service has earned it positive recognition.

User Review Summary

Review TypeCommon Comments
PositiveCompetitive spreads, good customer support, robust platforms
NegativePlatform downtime, slow withdrawals

Conclusion

GANN Markets stands out as a reliable and competitive broker, offering a range of features and services that cater to both novice and experienced traders.

With its dual regulation by the FCA and CySEC, the company ensures a high level of security and transparency.

The availability of both MT4 and MT5 platforms, competitive spreads, and more than 800 trading instruments make GANN Markets an attractive choice for many users.

Summary of Key Points

  • Regulation: FCA and CySEC, ensuring high standards of security and transparency.
  • Trading Platforms: MT4 and MT5, offering advanced trading tools and features.
  • Account Types: Standard, Professional, and Islamic Accounts, catering to different trader needs.
  • Trading Instruments: Wide range including Forex, Indices, Shares, Commodities, and Cryptocurrencies.
  • Spreads and Fees: Competitive spreads, no commission on most trades, and no deposit/withdrawal fees.
  • Customer Support: Available 24/5 through multiple channels, known for being responsive and professional.
  • Educational Resources: Basic offerings with room for improvement, particularly in comprehensive courses and video tutorials.
  • Payment Methods: Multiple options including bank transfer, credit/debit cards, and e-wallets.

Overall, GANN Markets provides a robust trading environment with a strong focus on client satisfaction and regulatory compliance.

While there are areas for improvement, such as enhancing educational resources and addressing withdrawal speed, the broker’s strengths make it a viable option for traders looking for a reliable and well-regulated trading partner.

Visit official website: www.gannmarkets.com

FAQ

Is GANN Markets regulated?

Yes, the company is regulated by the FCA and CySEC, ensuring high standards of financial security and transparency.

What is the minimum deposit?

The minimum deposit required to start trading is $100.

Does it offer a demo account?

Yes, GANN Markets offers a demo account for traders to practice and familiarize themselves with the platform before trading with real money.

What payment methods are accepted?

GANN Markets accepts various payment methods including Bank Transfer, Credit/Debit Cards, Skrill, Neteller, and PayPal.

What types of trading assets are available?

GANN Markets offers a wide range of trading assets including Forex, Indices, Shares, Commodities, and Cryptocurrencies.

Are there any fees for deposits and withdrawals?

No, this broker does not charge any fees for deposits and withdrawals.

Is there customer support available?

Yes, GANN Markets provides excellent customer support through email and phone. You can reach them at [email protected] or +44 123 456 7890.

Resources

User Reviews

“I’ve been trading with GANN Markets for over a year now, and my experience has been nothing short of excellent. The platform is very user-friendly and the spreads are low, which has significantly improved my trading outcomes. Customer support is top-notch; they are always available and responsive. I highly recommend it to both novice and experienced traders.”
James Smith
“GANN Markets offers a great variety of trading assets, which allows me to diversify my portfolio easily. The account setup was straightforward, and I appreciate the range of payment methods available. However, I’ve experienced some slow withdrawals at times, which can be frustrating. Overall, I’m satisfied with the service.”
Maria Rodriguez
“As a beginner, I found its demo account extremely useful for learning the ropes. The platform itself is intuitive, and I quickly got the hang of it. The customer support team has been very helpful in addressing my queries. The only downside is the occasional platform downtime, but it’s not a deal-breaker.”
David Lee
“I’ve been trading with GANNMarkets for six months, and I must say, their spreads are some of the best I’ve encountered. The variety of trading assets is impressive, and I love that they offer both MT4 and MT5 platforms. The only con I’ve experienced is the limited educational resources. Otherwise, it’s a solid broker.”
Sophie Williams
“GANN Markets provides excellent trading conditions, and the platform’s performance is generally reliable. The support team is very professional and helpful. The only issue I have is with the high leverage, which can be risky for inexperienced users. Nonetheless, I’m happy with the overall service.”
Michael Johnson
“I appreciate the range of assets available, as it allows me to trade across different markets easily. The customer service is excellent, always ready to assist with any issues. However, the withdrawal process can be a bit slow at times, which is something they could improve on.”
Emily Brown

Article written, edited and reviewed by

adam-rosen-brokfolio

Adam Rosen

Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

andrew-blumer-brokfolio

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
Back in the day, he schooled at Belmont Hill School in Belmont, MA. Then, he took a swing at Harvard College, bagging a BA degree in economics. And that wasn't enough for him – he also nailed an MBA from Harvard Business School in '98.
But hold on, there's more to this financial nerd.
Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
Oh, and did we mention? He's the manager of Brokfolio's website and an expert in online brokers. So, if you're diving into the world of trading, Andrew's your go-to guy.
For more on his financial escapades, head over to his LinkedIn profile. Trust us, his journey is worth a read!

emily-clark-brokfolio

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
As our team grew, Emily's role blossomed big time. She became the go-to rockstar, an absolute must-have player in our squad, making our growth story rock.
Emily's work ethic? Oh, it's like a caffeine-fueled engine, chugging away with laser-sharp precision. Seriously, without her juggling skills, our growth wouldn't have hit turbo mode.
But here's the cool part – Emily isn't just words and commas. She's got this uncanny radar for brokers and trading know-how. It's like she's got insider info on these money-making worlds.
Currently Emily's holding the senior editor crown, keeping tabs on content from our awesome team.

Last updated: June 11, 2024