Gann Markets Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- 2019
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- 2019
Our Evaluation of GANN Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
GANN Markets is a moderate-risk broker with the TU Overall Score of 5.38 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by GANN Markets clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Gann Markets is a broker for CFD trading. It is the perfect choice for experienced traders who prefer to work in the MT4 terminal with ECN technology.
Brief Look at GANN Markets
Gann Markets is a Forex and CFD broker that has been operating since 2018. Gann Markets provides access to trade currency pairs, cryptocurrencies, stocks, indices, and commodity market assets through its MT4 terminal. The broker boasts international awards. In 2020, Gann Markets became the Best Execution Broker according to the MENA Forex Show.
- Support for leveraged trading.
- A wide range of currency and cryptocurrency pairs.
- Narrow spreads on both professional and standard accounts.
- Ability to start trading on an ECN account with deposits from $100.
- No limitations on trading strategies.
- A large number of bonuses.
- There is a lack of training and cent accounts.
- The minimum deposit in Gann Markets' standard account is $100.
TU Expert Advice
Financial expert and analyst at Traders Union
Gann Markets is a relatively young broker, which initially provided services to traders from Turkey and neighboring countries. However, at the moment it has expanded its coverage area and entered the international level. Gann Markets strives to satisfy the needs of traders of different levels, so it provides both standard and ECN accounts. You can also open a demo account and an Islamic account here.
Previously, the company offered accounts with fixed and floating spreads. The website still doesn’t provide any information about it. However, according to the support service, now clients can trade only with floating spreads, which are low at Gann Markets. On ECN, spreads start from 0.1 pips like many other brokers. Commissions are higher on the standard accounts (from 0.7 pips), which is also quite typical for Forex.
There are no contract specifications on the Gann Markets website, so a potential client will have to request them from support services. Chat operators don’t provide in-depth answers to questions about trading terms. So you are welcome to communicate with the manager by phone or on WhatsApp to find out more information. Also, it is worth noting that the absence of cent accounts on the Gann Markets platform is a disadvantage.
GANN Markets Summary
Your capital is at risk. CFDs and FX are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You do not own, or have any rights to, the underlying assets. You should only trade with money you can afford to lose. Past performance is no guarantee of future performance may be subject to change. The information on this website is general in nature and does not take into account your personal objectives, financial situations or needs.
| 💻 Trading platform: | MetaTrader 4 (Windows, MAC, Android, iOS) |
|---|---|
| 📊 Accounts: | Demo account, Standard account, ECN account, Standard Swap-free account, ECN Swap-free account |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Cards local, cards international, eWallet, bank transfer, prepayment, internet banking, cash (Western Union, Express de Lider, 7 Eleven, etc.) |
| 🚀 Minimum deposit: | From USD 100 + Leverage |
| ⚖️ Leverage: | Up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0.7 pips (Standard account), from 0.1 pips (ECN account) |
| 🔧 Instruments: | Currency pairs, stocks, CFDs, indices, commodities, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100% / 20% |
| 🏛 Liquidity provider: | No data |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Instant execution (Standard account), Market execution (ECN account) |
| ⭐ Trading features: | There is a fee for inactivity and advisors. Scalping and hedging are allowed. |
| 🎁 Contests and bonuses: | Yes |
The Gann Markets broker allows you to start trading with a deposit of $100. The US dollar is the only available account currency. You can make transactions in the MT4 terminal from Standard and ECN accounts. Muslim accounts are also available. Gann Markets provides the highest leverage for trading currency pairs, up to 1:400. There are floating spreads on all the account types and the stop-out level is 20%. The broker offers an affiliate program and regularly updates bonus offers.
GANN Markets Key Parameters Evaluation
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Trading Account Opening
Creating a user account on Gann Markets' website is required for all traders to start trading Forex through this broker. Follow the step-by-step guide below.
To start working with this broker, follow the official website of Gann Markets. To start the registration process click Register or Start Forex Trading on its home page.
Now fill out the registration form that appears. To do this, enter your full name, email, create and confirm the password to log in to your Personal Account.
The next step is to select your residence country from the list and enter your contact phone number.
Congrats! Now you have a user account. To log in, enter your email address and the password that you specified earlier.
Features of Gann Markets user account:
The following options are available in the Gann Markets user account:
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Downloading the trading platform.
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Change leverage.
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View the current volume of active transactions.
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Access history of transactions and trading activity on the account.
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Account setup and modify your password and personal information.
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Register as an affiliate and view statistics on the referral program.
Regulation and safety
The Gann Markets office is located in Saint Lucia.
Advantages
- Over 300 payment systems are available for deposits and withdrawals
- Trading with high leverage is available
Disadvantages
- Offshore registration
- Gann Markets doesn’t have a reliable parent company to pay compensation to its clients in the case of bankruptcy of the broker
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | from $7 | Accrued by banks and payment systems |
| ECN | from $1 | Accrued by banks and payment systems |
There is a swap fee — commission for shifting transactions to the next day.
We also compared the size of the average trading commission of Gann Markets with the fees of other Forex brokers. See the data in the table below.
| Broker | Average commission | Level |
|---|---|---|
|
$4 | |
|
$1 | |
|
$8.5 |
Account types
Clients of Gann Markets can trade using standard and ECN accounts. The minimum deposit for both types of accounts is $100, with leverage up to 1:400.
Types of accounts:
Traders can open demo accounts in addition to real accounts, which are virtual and don’t require a deposit.
The size of the initial investment is identical on all types of Gann Markets accounts. This allows the trader to choose an option taking into account the trading strategy and not the available free capital.
Deposit and Withdrawal
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A request for a withdrawal of funds is processed by the financial department within 3 working days after its submission.
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Money can be transferred to cards, bank accounts, and e-wallets. However, the company, at its discretion, can set a bank transfer as the method of withdrawal, regardless of the funding method used.
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Withdrawals to cards can take up to 30 calendar days, and up to 10 days through EPS and bank transfer.
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If the client hasn’t received the funds sent by Gann Markets to a bank account or e-wallet after 10 days, he can ask the company to investigate the transfer. In this case, there may be commission costs, to be paid by the trader himself.
Investment Options
Here you can use the standard functionality of MT4 to get passive income by copying trades and connecting to Expert Advisors. PAMM and MAM accounts are not available. The partnership program is aimed at legal entities (companies and firms) and not at retail traders.
Methods for generating passive income in Gann Markets
This broker specializes in providing services for active traders, but it doesn’t prohibit the use of third-party resources that offer passive profits. You can earn with the help of:
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МТ4 trading signals. An investor chooses a trader in the open rating, to copy trades and connect to his account. After that, the signal provider's orders are automatically copied to the subscriber's account. The investor pays the trader a commission for successful trades (specified in detail in the Signals Provider's profile).
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Trading robots and advisors. Traders can use special programs created in MetaQuotes Language 4 (MQL4). Free advisors are available, but there are also stores where you can buy a robot to perform a specific task. With their help, it is possible not only to analyze the market but also to make transactions in automatic mode.
Gann Markets allows the use of signals, advisors, and robots from third-party providers, but is not responsible for their quality or effectiveness. There are no ratings of successful signal providers and no links to applications for copying trades on the broker's website. The investor chooses a suitable option for gaining passive income and then looks for methods to implement it.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Gann Markets’ affiliate program
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Gann Markets gives part of its profits to its partners. Its size can be up to 60% of the trading commission of the referrals. The affiliate program is multilevel, i.e., a partner also earns from the second-level clients' trades.
A partner can attract an unlimited number of traders. The number of referrals and the amount of remuneration are displayed in the user account. Money can be withdrawn via all payment systems available at Gann Markets for the partner's jurisdiction.
Customer support
Technical support works 24/5.
Advantages
- Online chat operators answer questions from unregistered traders
- Quick feedback in chat
Disadvantages
- Saturday and Sunday are days off
To contact a representative of the company:
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send a note in Live Chat;
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call the phone numbers indicated on the website;
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send an email request;
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fill in the feedback form in the contact section;
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use WhatsApp.
The online chat button is available on the broker's website and in the user account.
Contacts
| Foundation date | 2019 |
|---|---|
| Registration address | 1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia |
| Official site | https://gannmarkets.com/ |
| Contacts |
+44 141 628 7809
|
Education
The Gann Markets website has an Education section, but the information presented there will not be enough to master Forex trading.
The broker has demo accounts. They are intended for training and testing strategies and financial risks for free, and not for making real money.
Comparison of GANN Markets with other Brokers
| GANN Markets | RoboForex | Pocket Option | Exness | FreshForex | InstaForex | |
| Trading platform |
MetaTrader4 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MT4, MultiTerminal, MobileTrading, MT5, WebTrader |
| Min deposit | $100 | $10 | $5 | $10 | No | $1 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
| Trust management | Yes | No | No | No | No | Yes |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.7 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
100% / 20% | 60% / 40% | 30% / 50% | No / 60% | 40% / 20% | 30% / 10% |
| Execution of orders | Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Instant Execution |
| No deposit bonus | No | No | No | No | $30 | No |
| Cent accounts | No | Yes | No | No | Yes | Yes |
Detailed Review of Gann Markets
Gann Markets is a young CFD broker with a customer-oriented approach. It offers accounts with instant and market order execution, low floating spreads, and leverage up to 1:400. Security of deposits is guaranteed by the Financial Commission, and Gann Markets' cooperation with large liquidity providers ensures execution at the best prices. The broker doesn’t prohibit the use of strategies for passive income and constantly expands the range of available bonuses.
Gann Markets' success by the numbers:
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Allows access to trade 90+ Forex pairs.
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Supports over 300 payment methods.
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Has 6 international awards.
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Processes a request to open an account within 3 minutes.
Gann Markets is a broker for CFD trades on popular asset classes
Gann Markets offers trading financial instruments in CFD format. You can make transactions with 60 currency pairs — major, minor, and exotic. Dollars, euros, and euros paired with Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), and other cryptocurrencies are also available. Gann Markets also allows the trading of oil and precious metals. Clients can open long and short positions with leading US, European, and Asian stock indexes. The broker also offers access to CFD trades on stocks of the world's largest corporations, such as Apple, Bank of America, Coca-Cola, Amazon, etc.
Gann Markets clients trade in the MetaTrader 4 terminal. It is possible to use the desktop platform on Windows devices, as well as the version adapted for MAC. There are also mobile apps for iOS and Android.
Gann Markets useful services are:
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News. This section of the site contains financial reports on various markets and covers global economic events.
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Forex Calculator. A tool to calculate the margin and profit for a particular currency pair, taking into account the opening and closing price, lot size, and leverage.
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Economic Calendar. Displays important economic events that may affect trading.
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Cryptocurrencies Market Insights. Analytical data and reviews on the most traded cryptocurrencies, provided daily.
Advantages:
Easy and quick online account opening.
Many available ways to deposit and withdraw funds.
Support is active around the clock during trading sessions.
Daily update of news feed on the site.
Access to copy trades of successful market participants.
The broker doesn’t withhold fees for deposits or withdrawals, account maintenance, or software. Clients pay only trading commissions.
User Satisfaction