GTCFX Review 2025: How to Open a Demo/Trading Account?

As a forex broker with more than a decade of experience, GTCFX has achieved a good reputation. Not only does it offer a variety of measures to safeguard the safety of its clients' assets, but it is also regulated by multiple regulatory bodies - FCA, ASIC, SCA, and VFSC (Offshore).

This article will give a brief introduction to the key features of GTCFX, focusing on the process of opening a demo account and a real trading account of GTCFX. If you are considering opening an account with GTCFX, this article may be helpful. If now you are not familiar with GTCFX, this article can also help you get a basic overview of it.

First, let's take a quick look at GTCFX's key features via the table below:

	GTCFX at a Glance
Founded	2012
Registered	United Arab Emirates
Regulation	FCA, ASIC, SCA, VFSC (Offshore)
Security of Funds	Negative balance protection, Compensation Fund
Trading Instruments	27,000+, forex, gold, precious metals, CFDs on energy, commodities, stocks, shares, equity indices
Demo Account	✅
Account Type	Standard, Pro, ECN
Account Minimum	$0
Maximum Leverage	1:2000
Trading Costs	Average 1.4 pips & commission-free (Standard account)
Trading Platform	MT4, MT5
Copy Trading	✅
Deposit & Withdrawal Method	Visa, MasterCard, FXPAY88, CASH, Bank Transfer, PayTrust, PayPort, Fasapay, dragonpay, PayTrust, Payment Asia

GTCFX Account

Demo Account

GTCFX offers risk-free demo accounts on the MetaTrader 4 and MetaTrader 5 platforms. However, it does not detail the info on demo account balance and duration. If you are curious, you can contact their customer service via live chat to learn more.

Account Types

GTCFX offers three account types, Standard, Pro, and ECN.

The Standard account is available to most brokers and usually requires a minimum deposit of $100. However, there is no minimum deposit requirement for the GTCFX Standard account. It is suitable for both beginners and experienced traders.

If you are a professional trader and want to trade in a lower spread, the Pro account is your better choice, but you have to deposit at least $50.

As for the ECN account, it is more suitable for high-level traders who can bear the risks of trade with great capital, $3,000 onwards. On the GTCFX ECN account, you can enjoy tight spreads from 0.0 pips but need to pay a commission fee of $5 per standard lot.

If you are interested in trading with GTCFX, you should know the trading conditions and features of their account types. Please refer to the GTCFX account type comparison table to learn more.

GTCFX Demo Account Opening (2 Steps)

Before entering real trading, we always recommend that you open a demo account to test it out.

Real trading carries a lot of risk, and if you are just a beginner, you may lose money. The demo account is risk-free, and the capital funds involved are also virtual, so there is no real loss. Of course, it is impossible to make money with the demo account.

To put it bluntly, a demo account is a tool that helps you better understand a broker's trading conditions and trading platform.

Creating a GTCFX demo account is quite easy, only two steps and then you can own it.

Step 1: Go to GTCFX's website and click the 'FREE DEMO ACCOUNT' button.

Step 2: Fill in the required information, including your name, phone number, email address, date of birth, preferred trading platform (MT4 or MT5), and country of residence.

Read the terms of service and tick it.

Then click the 'Send' button.

Wait for GTCFX's contact and they will gather more information and explain to you about how to utilize their services.

GTCFX Trading Account Opening (3 Steps)

If you already have a certain amount of trading knowledge and are ready to expose yourself to real trading risks, you can start by signing up for a most basic account to trade.

Step 1: Go to GTCFX's website

Directly click the 'OPEN AN ACCOUNT' or 'OPEN LIVE ACCOUNT' button.

Step 2: Fill in basic information

The required information includes account type (individual or corporate), country/region, name, document type (identity card, passport, driving license, or other documents), ID number, nationality, birthdate, email address, and phone number.

Click the 'Get code' button.

Read the terms and conditions, and tick it.

Then click the 'Submit' button.

Check your mailbox to get your email verification code.

Note: If you cannot get the verification email from GTCFX, please be aware of your spam email. The verification email sent to you by GTCFX has likely been considered spam.

If you are not familiar with English, you can also change your language to Chinese Traditional, Chinese Simplified, Arabic, Filipino, French, Hindi, Vietnamese, Thai, Indonesian, Uyghur, Persian, Spanish, Latin, or Japanese.

Step 3: Fill in the account info

Choose your trading platform, MetaTrader 4 or MetaTrader 5.

Once you've chosen your trading platform, you'll be prompted with an account type to choose from. After choosing the account type, the account currency will pop up for you to choose.

Then choose your account leverage, which is up to 1:500.

Set your client portal password.

Read and tick the Declarations and Terms & Conditions.

Then click the 'Submit' button.

Now, you have a GTCFX real trading account.

Is GTCFX Safe and Legit?

GTCFX offers negative balance protection for all account types. Besides, GTC Global Trade Capital Ltd. is an official member of the Financial Commission, an international organization engaged in the resolution of disputes in the financial services industry for the forex market. The Compensation Fund will cover judgments made by the Financial Commission of up to €20,000 per client.

As for regulation, GTCFX currently holds four regulatory licenses, including the Financial Conduct Authority (FCA) in the United Kingdom, the Australia Securities & Investment Commission (ASIC), the Securities and Commodities Authority (SCA) in the United Arab Emirates, and the Vanuatu Financial Services Commission (VFSC). You can verify GTCFX's regulatory status and explore more details on WikiFX.

Regulated Country	Regulated by	Current Status	Regulated Entity	License Type	License No.
	FCA	Regulated	Global Markets Group Limited	Straight Through Processing (STP)	744501
	ASIC	Regulated	GTC GLOBAL (AUSTRALIA) PTY LTD	Straight Through Processing (STP)	000496371
	SCA	Regulated	GTC MULTI TRADING DMCC	Retail Forex License	202200000007
	VFSC	Offshore Regulated	GTC GLOBAL TRADE CAPITAL CO. LIMITED	Retail Forex License	40354

Compare GTCFX with Similar Brokers

Logo
Broker	GTCFX	ATFX	MultiBank Group
Regulation	FCA, ASIC, SCA, VFSC (Offshore)	ASIC, SFC, FCA, CySEC, SCA (General Registration)	ASIC, CySEC, SCA, MAS
Product Offering	27,000, forex, gold, precious metals, CFDs on energy, commodities, stocks, shares, equity indices	Forex, precious metals, crude oil, indices	Forex, metals, shares, indices, commodities, cryptocurrencies
Demo Account	✅	✅ ($100,000 demo money)	✅
Account Minimum	$0	$200	$50
Maximum Leverage	1:2000	1:30	1:500
Trading Platform	MT4, MT5	MT4	MT4/5, Web Trader, MultiBank-Plus
Copy/Social Trading	✅	❌	✅
Promotion	❌	❌	✅
Best for	Beginners	Experienced traders	Beginners

FAQs

Is my money safe with GTCFX?

Yes. GTCFX is currently strictly regulated by four regulatory authorities, including the top-tier FCA and ASIC, as well as SCA and VFSC (Offshore). Besides, GTCFX is a member of the Financial Commission, which will cover up to €20,000 in the Compensation Fund. Negative balance protection is also available for all account types.

Is GTCFX good for beginners?

Yes. GTCFX offers free demo accounts and no minimum deposit requirement for the Standard account.

What is the minimum deposit requirement for GTCFX?

$0. You can deposit any amount into your GTCFX Standard account.

Can I withdraw money from GTCFX demo accounts?

No. Any profits in demo accounts are virtual, not real money. You cannot make money by demo trading.