Position in Rating | Overall Rating | Trading Terminals |
233rd  | 2.1 Overall Rating |  |
Gann Markets Review
Gann Markets was established in 2018 with the goal of helping investors turn their transactions into profitable ventures in the Forex market. By combining the principles of GANN theory correct pricing, timing, and logical technical analysis Gann Markets ensures that traders receive the best prices, optimal timing, and high-quality service. Operating internationally, the platform offers expert investment advisory services for currency pairs, commodities, and global equities.
Gann Markets is a great trading place providing excellent platforms and facilitating trading for both beginners as well as experienced traders. The trading application is such that it is very simple to trade in Forex, equities, indices, commodities, and bonds. Such an organization is dedicated to helping the traders in making wise and successful choices in the constantly changing financial markets by providing personalized trading experience.
This review provides an overview of Gann Markets, focusing on the services it offers and how it supports traders in the Forex market. We will explain the key principles of GANN theory, including pricing, timing, and technical analysis, and how they contribute to profitable trading. The review also covers the user experience, available investment options, and the features of the Gann Markets Trading App, giving you a clear idea of what to expect from the platform.
What is Gann Markets?
Gann Markets is a Forex and CFD broker that has been offering its services since 2018. It provides traders with access to a wide range of assets, including currency pairs, cryptocurrencies, stocks, indices, and commodities. Gann Markets operates through the popular MT5 trading platform, allowing users to manage their trades easily.
The credibility established by this broker in the global platform has come with numerous awards over the years. Gann Markets, for its 2020, was named Best Execution Broker at the MENA Forex Show, which further validates the broker's commitment to providing the best execution for traders.
Competitive spreads for traders and an easy-to-use trading experience would be the competitive edge of Gann Markets. Backed with the reputation and industry awards, Gann Markets continues to attract traders seeking a reliable broker in the Forex and CFD markets.
They provide various support mechanisms for customers, ensuring that traders receive a smooth and efficient trading experience while interfacing with the broker. This broker also offers tools for both beginners and experts to better understand market developments and refine their trading strategies.
Gann Markets Regulation and Safety
Gann Markets is a regulated broker, operating under the oversight of the Mwali International Services Authority (MISA) in the Comoros. While the broker is regulated, it is important to note that it falls under Tier-3 regulation, which is a lower level compared to Tier-1 regulated brokers. This may be a consideration for traders looking for more stringent regulatory oversight.
Negative balance protection ensuring a trader never loses more than his initial deposit is one of the core safety features which Gann Markets stretches on offer from its firm. Thus, it minimizes the risk of trading, especially during times when sudden increase are noticed in the price. KYC is another safety measure from Gann Markets to guarantee that traders use genuine and verified personal information while trading with this broker as per the law.
However, there is no investor protection fund formulated by Gann Markets so that funds are not protected by an independent insurance plan. The fact is that, although Gann Markets offers some measures of safety, it still requires an investor to understand what it means in terms of overall safety and “regulation”.
Gann Markets Pros and Cons
Pros
- Wide asset selection
- Popular MT5 platform
- Negative balance protection
- Customizable trading app
Cons
- Tier-3 regulation
- No investor fund
- Less than 8 years track record
- Limited regulation
Benefits of Trading with Gann Markets
Gann Markets offers several advantages to traders, including a user-friendly interface that makes the platform accessible to both beginners and experienced traders. The customizable layout allows users to personalize their workspace, enhancing efficiency and improving the overall trading experience.
One of the key features of Gann Markets is its fast and accurate trade execution. With precise timing and reliable pricing, the platform ensures traders can capitalize on market opportunities without delays. This is essential for those looking to make informed decisions and optimize their trading strategies.
Inspired by the principles of the GANN theory, Gann Markets focuses on the combination of correct pricing, accurate timing, and strong technical analysis. This approach provides traders with the tools they need to succeed in the Forex, commodities, and global equities markets, ensuring a comprehensive and profitable trading experience.
Gann Markets Customer Reviews
Gann Markets has received a mix of reviews from customers, with many highlighting the platform's fast and reliable service. A customer praised the platform for its smooth account top-ups and fast withdrawals, noting the competitive fees and comprehensive training provided. They also appreciated the consistent trading signals and news updates, which enhance the trading experience for both beginners and active traders. Overall, they highly recommend Gann Markets as a user-friendly and dependable platform for those looking to succeed in the forex market.
However, there are some areas where Gann Markets could improve. One review shared a less-than-ideal experience with the withdrawal process, mentioning delays and a lack of clarity on how to access the MT5 platform. They expressed frustration with relying on WhatsApp for support, which led to a slower response time and a lack of confidence in the process. Despite this, the review acknowledged the broker’s potential but suggested improvements in customer service and platform accessibility.
Gann Markets Spreads, Fees, and Commissions
Gann Markets offers a range of pricing structures based on the type of account you choose. For Standard accounts, commissions are embedded in the floating spread, which can change depending on market conditions. Typically, the spreads are stable, but during high volatility, they may widen, reflecting shifts in the market.
For those using RAW/ECN accounts, Gann Markets provides market-based spreads that fluctuate, especially during active trading hours. These accounts come with a commission per lot, which traders pay in exchange for tighter spreads and faster execution speeds. This setup is beneficial for those looking for more precise trade entries, especially in volatile market conditions.
In addition to trading fees, Gann Markets has non-trading fees that traders should consider. These fees, which are separate from regular trade executions, can impact overall trading costs. A thorough understanding of these additional charges is important for traders to manage their costs effectively while using the platform.
Account Types
Gann Markets offers account options for traders of all levels, from beginners to professionals. Each account features competitive leverage, margin requirements, and tools to meet diverse trading needs.
Standard Account
The Standard Account is ideal for traders of all skill levels, from beginners to experienced market participants. With a $100 minimum deposit, a 1:400 leverage ratio, and the ability to open multiple positions, it offers a versatile trading environment. This account is perfect for those who value simplicity and want a user-friendly trading setup.
ECN Account
The ECN Account is geared toward professional traders seeking optimal trading conditions. It offers the same $100 minimum deposit and 1:400 leverage but includes features like a swap-free option and direct access to the electronic communication network for faster and more precise trade execution. This account is best suited for those who prioritize tight spreads and advanced trading tools.
Introducing Broker (IB) Program
The IB Program is an excellent opportunity for individuals or organizations connected to the Forex trading community. With the same $100 minimum deposit and leverage of 1:400, this program allows participants to earn commissions by introducing new traders to Gann Markets. It’s a great option for those looking to grow their network while benefiting from the broker’s competitive trading conditions.
How to Open Your Account
Opening an account with Gann Markets is simple and fast. Follow these five steps to register and start trading on one of the most user-friendly platforms.
Step 1: Fill Out the Registration Form
Enter your name, email, country, and phone number in the registration form on the Gann Markets website.
Step 2: Select Platform and Currency
Choose the MetaTrader 5 platform and set your account currency, such as USD.
Step 3: Choose Account Type and Set Password
Select your account type, like Standard, and create a secure password. Confirm your password to proceed.
Step 4: Agree to Terms and Conditions
Accept the Terms and Conditions to complete your account setup.
Step 5: Fund and Start Trading
Log in, fund your account, and begin trading Forex, commodities, and more with Gann Markets.
Gann Markets Trading Platforms
Gann Markets provides access to the advanced MetaTrader 5 (MT5) platform, a favorite among traders for its robust features and intuitive design. MT5 supports trading across various markets, including Forex, commodities, and stocks, offering tools like real-time market data, customizable charts, and seamless execution for an enhanced trading experience.
The platform is optimized for speed, accuracy, and user convenience. With features such as one-click trading, comprehensive analysis tools, and a user-friendly interface, Gann Markets ensures traders have everything they need to succeed in a competitive market environment.
What Can You Trade on Gann Markets
Gann Markets provides a wide selection of trading instruments designed to cater to various trading preferences. From the dynamic Forex market to global indices, the platform ensures competitive trading conditions and seamless execution for all users.
Forex
The Forex market stands as the largest financial market globally, renowned for its high liquidity and 24/7 availability. Gann Markets offers trading on over 60 currency pairs, including major, minor, and exotic pairs, with tight spreads and rapid execution. This allows traders to capitalize on market movements without restrictions on holding positions.
Commodities
Gann Markets enables trading in essential commodities like gold, silver, crude oil, and agricultural products. These assets offer a way to hedge against inflation or diversify portfolios, with real-time price updates and competitive spreads supporting informed trading decisions.
Stocks
Trade global equities with Gann Markets, accessing shares from some of the world’s leading companies. Stock trading allows users to profit from market fluctuations while diversifying their strategies across industries, with tools to track performance effectively.
Indices
Speculate on the performance of major global indices such as the S&P 500, FTSE 100, and NASDAQ with Gann Markets. Indices trading offers a way to capture macroeconomic trends and analyze broader market movements, making it a favored choice for many traders.
Gann Markets Customer Support
Gann Markets offers reliable and accessible customer support to ensure a smooth trading experience. Whether you're a beginner or a seasoned trader, their team is available to assist with any inquiries or issues. You can easily reach them via email at info@gannmarkets.com, or call their support line at +359 (2) 4928521 for direct assistance.
For quick responses, Gann Markets also offers a live chat feature on their website, making it easy to get help in real-time. With their responsive customer service, traders can expect prompt and professional support whenever needed.
Advantages and Disadvantages of Gann Markets Customer Support
Advantages
DisadvantageWithdrawal Options and Fees
Gann Markets offers several withdrawal options to its clients, making it easier to access funds from their trading accounts. The financial department processes withdrawal requests within 3 working days after submission, ensuring that traders can access their funds in a timely manner.
Bank Transfer
Withdrawals to bank accounts are an option, though the company may choose this method at its discretion, regardless of the original funding method. These transactions can take up to 10 days for processing. In case of delays, traders can request an investigation after 10 days, but this may incur additional commission fees, which the trader would need to pay.
Card Withdrawals
If you withdraw to a card, it can take up to 30 calendar days for the funds to appear in your account. This is a longer processing time compared to other methods, so traders should plan accordingly when using cards for withdrawals.
E-Wallets and EPS
Withdrawals to e-wallets or through EPS (Electronic Payment Systems) typically take up to 10 days to process. While this is a relatively quick option, traders should also be aware that any issues regarding the transaction could lead to additional fees for investigation if funds are not received within the expected timeframe.
Gann Markets Vs Other Brokers
#1. Gann Markets vs XM
Gann Markets provides a competitive trading environment with over 60 forex pairs, tight spreads, and leverage up to 1:400. The broker offers various account types such as Standard, ECN, and Introducing Broker accounts to suit different trading preferences. Additionally, Gann Markets supports multiple deposit and withdrawal methods, making it accessible to traders worldwide. In comparison, XM is a globally recognized broker offering over 1,000 instruments, including forex pairs, stocks, cryptocurrencies, and commodities, with licenses from top regulators like ASIC and CySEC. XM ensures high-speed execution, starting spreads from 0.6 pips, and leverage up to 1:1000 for some regions. While XM lacks passive investment options like PAMM accounts, it offers copy trading and VPS for algorithmic trading.
Verdict: Gann Markets offers competitive spreads and account options, while XM stands out with a wider range of instruments, higher leverage, and fast execution, making it a better choice for traders seeking variety and speed.
#2. Gann Markets vs RoboForex
Gann Markets offers competitive trading conditions with over 60 forex pairs, leverage up to 1:400, and a user-friendly platform suited for forex traders. In comparison, RoboForex provides a much broader range of over 12,000 financial instruments, including CFDs on stocks, indices, metals, energies, and futures. It also stands out with leverage up to 1:2000, tight spreads starting from 0 pips, and features like the CopyFx program, which allows traders to copy successful strategies for passive income. RoboForex also offers instant fund withdrawals and some of the highest affiliate payouts in the industry, providing more diverse options for traders.
Verdict: Gann Markets is great for forex traders with competitive spreads and leverage, while RoboForex offers more trading instruments, higher leverage, and additional features like CopyFx, making it better for those seeking diversity and flexibility.
#3. Gann Markets vs Exness
Gann Markets offers competitive spreads, a variety of account types, and a selection of over 60 forex pairs. The broker provides flexibility for both beginner and professional traders, along with fast execution speeds and reliable customer support. In comparison, Exness is one of the world's largest brokers with a wide range of assets, including currency pairs, stocks, commodities, indices, and cryptocurrencies. It offers various account types, including options suited for beginners and advanced traders, with high leverage and Expert Advisor support. Exness also boasts fast withdrawals, 24/7 customer support, and multiple international licenses, including FCA and CySEC, ensuring a high level of security for traders.
Verdict: While Gann Markets is suitable for those focusing on forex pairs, Exness stands out with a broader range of assets, high leverage, and enhanced security, making it ideal for traders seeking diverse opportunities and robust support.
Also Read: XM Review 2024 – Expert Trader Insights
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Conclusion: Gann Markets Review
In conclusion, Gann Markets offers a reliable and flexible trading platform for traders, with competitive spreads and a strong focus on forex trading. The broker provides a variety of account types, making it suitable for both beginners and experienced traders. With fast execution and a solid customer support system, Gann Markets delivers a user-friendly experience that appeals to traders who focus primarily on currency pairs.
However, while Gann Markets is a great choice for forex traders, it may not offer the same variety of assets as some of its competitors. Traders seeking more diverse investment options or advanced features like passive income programs may need to consider other brokers. Overall, Gann Markets is a solid choice for those interested in a straightforward forex trading experience with excellent customer support.
Also Read: Juno Markets Review 2024 – Expert Trader Insights
Gann Markets Review: FAQs
What assets can I trade on Gann Markets?
Gann Markets offers trading in over 60 forex pairs, along with commodities, indices, and cryptocurrencies.
How do I withdraw funds from Gann Markets?
Withdrawals can be made via bank transfer, cards, or e-wallets, with processing times up to 30 days for cards and 10 days for bank transfers and EPS.
What are the fees for withdrawals?
While Gann Markets doesn’t charge withdrawal fees, traders may incur commission costs if transfers are not received within 10 days.
Does Gann Markets offer leverage?
Yes, Gann Markets provides leverage, with specific amounts depending on the asset traded.
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