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Abstract:BTTGMM Limited's domain was registered in 2023 and offers trading services in forex, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs), etc. However, its website is currently unavailable, leaving very limited transparency about its trading conditions. We are not certain about its current operational status due to this. Moreover, the absence of regulation further exacerbates its credibility and legality.
Note: BTTGMM Limited's official website: https://www.bttgmmltd.com/ is currently inaccessible normally.
BTTGMM Limited Review Summary | |
Founded | 2023 |
Registered Country/Region | China |
Regulation | No regulation |
Market Instruments | Foreign exchange, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs) |
Demo Account | / |
Leverage | Range 1:100-1:500 |
Spread | Start from 1 point |
Min Deposit | / |
Trading Platform | ST5 |
Customer Support | Tel: +4402074665665 |
Email: sopport@tpdc9.com |
BTTGMM Limited's domain was registered in 2023 and offers trading services in forex, precious metals, cryptocurrencies, stocks, energy, contracts for difference (CFDs), etc. However, its website is currently unavailable, leaving very limited transparency about its trading conditions. We are not certain about its current operational status due to this. Moreover, the absence of regulation further exacerbates its credibility and legality.
The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.
Unavailable website: BTTGMM Limited's website cannot be opened currently.
Regulatory concerns: The company operates without any regulations, meanig that it does not comply to rules from any regulatory authorities. This heightens trading risks with them.
Lack of transparency: The broker does not openly reveal trading conditions such as account details, minumum deposit, commissions, funding methods and fees, etc.
BTTGMM Limited claims to offer trading services in several main asset classes: forex, commodities, cryptocurrencies, stocks and contracts for difference (CFDs)
One of the key principles of trading is never putting all your eggs in one basket, so diversifying your portfolio is of great importance. Choose several products at one time to scatter risks.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ❌ |
Shares | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
The broker does not explicitly disclose the necessary information about its account types and minimum deposit requirements.
A little fragmental information about leverage and spreads is gathered from its FAQ section: leverage ranges from 1:100 to 1:500, spreads are floated from one point. Margin call level is 100% and stop out level is 50%. Other key info such as commissions and support funding methods are not avaialble.
BTTGMM Limited claims to offer the relatively popular ST5 trading platform know for its intuitive interface and analysis trading tools.
Generally speaking, BTTGMM Limited is not a recommended broker. Its operation without regulation implies less compliance to financial rules and unavailable website leaves no window for customer to know about the company. Furthermore, the lack of transparency on its trading conditions affects overall trading experience and trust in the platform.
Therefore, staying far away from such possible scam brokers and turning to a regulated and reputable broker is a better choice to protect your hard-earned funds.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.