Gann Markets Review 2023

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Gann Markets is a multi-asset broker with a $100 minimum deposit, ECN trading and joining bonuses for new users.

Pros

  • Demo account
  • MT4 integration
  • Welcome bonus
  • Low minimum deposit

Cons

  • Weak regulatory oversight
Bonus100% Deposit Bonus
InstrumentsCFDs, Forex, Commodities, Cryptos, Stocks, Indices
Demo AccountYes
Min. Deposit$100
Payment Methods
Min. Trade0.01 Lots
Regulated BySVGFSA
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountNo
ECN AccountYes
DMA AccountNo
MAM AccountNo
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsAndroid
Margin TradingYes
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingEAs
Social TradingNo
Copy TradingYes
Trade SignalsMT4
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
Inactivity Fee$10
Guaranteed Stop LossNo
Stock Exchanges
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Nasdaq
  • S&P 500
Commodities
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Silver
CFD TradingTrade CFDs with high leverage and low to zero commissions.
CFD FTSE Spread17
CFD GBPUSD Spread7
CFD Oil Spread25
CFD Stocks SpreadFrom 1
CFD Leverage1:400
Forex TradingTrade currency pairs with tight spreads on the MT4 platform.
Forex GBPUSD Spread7
Forex EURUSD Spread1
Forex EURGBP Spread7
Forex Assets38
Crypto TradingTrade a range of popular crypto tokens against the USD and EUR.
Crypto SpreadFrom 147
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • ADA
  • BCH
  • BTC
  • DOGE
  • DOT
  • EOS
  • ETH
  • TRX
  • XMR
  • ZEC
Risk Warning – Your capital is at risk

Gann Markets is an online forex broker that offers zero-commissions and highly-leveraged trading on MT4. In this review, we uncover no deposit welcome bonuses, withdrawal fees, demo trading, and more. We also explain how to register for a Gann Markets account and make a trade.

Company Details

Gann Markets is a brokerage firm that was founded in 2018 and based in Montenegro. The brand gets its name from the Gann trading techniques developed by W.D. Gann. He developed various technical analysis techniques, including indicators, Gann angles, and master charts.

Gann Markets Corporation LLC is registered with St. Vincent and the Grenadines Financial Services Authority (SVGFSA). The broker is also a member of The Financial Commission (FinaCom).

New users can get started with a $100 minimum deposit with payments processed in under five minutes.

Trading Platform

Gann Markets provides clients with access to MetaTrader 4.

Features and functionality include:

How To Place A Trade

  1. Log in to your Gann Markets client dashboard
  2. Download the MT4 platform or log in via the WebTrader
  3. Find the asset you want to trade using the drop-down menu or search bar
  4. Select ‘new order’ –  a window will then pop out
  5. Alternatively, you can execute trades directly from the chart
  6. Enter the order details including type (pending or instant), volume, and risk management parameters (take profit or stop loss)
  7. Select ‘buy’ or ‘sell’
  8. Confirm the trade
Gann Markets trading tutorial
New Order

Assets & Markets

Gann Markets offers 150+ instruments:

Fees

The fees charged by Gann Markets differ depending on the account type and instrument.

The Standard Account offers commission-free trading with tight floating spreads. This includes an average spread of 1 pip on the EUR/USD currency pair and 1.8 pips on XAG/USD.

The ECN profile offers tighter spreads, however, a $7 commission per round lot applies. There is also a $500 minimum deposit requirement vs the $100 starting deposit with the Standard account.

Gann Markets applies swap fees, charging a commission for carrying trades into the next day.

An account maintenance fee of $10 per month applies for profiles inactive for 100+ days.

Gann Markets Leverage

The leverage available ranges from 1:1 to 1:400 depending on the asset. For example, an account balance of $1,000 would provide $400,000 in buying power if you apply the maximum leverage ratio.

There is a 20% margin stop-out level.

Mobile Apps

The MetaTrader mobile app allows you to perform trades on the go. The platform is intuitive, providing access to various trading tools and functionality from the palm of your hand.

You can manage your trading account, open and close positions, and customize charts while on the go. Additionally, set alerts and notifications to stay in the loop of price changes.

The application also comes with safety features such as passwords and Touch IDs to increase the security of trading accounts.

Gann Markets mobile app
MT4 App

Payment Methods

Deposits

Gann Markets offers a range of payment methods. Popular solutions include bank wire transfers, credit/debit cards, PayPal, Union Pay, cryptos, and Airtm.

The broker does not charge any deposit or withdrawal fees when moving money in and out of a Gann Markets account although third-party charges apply. This includes a 5% fee when using Union Pay and a 1.99% charge for PayPal transactions. Having said that, Gann Markets will refund 100% of the fees on deposits.

All deposits are processed instantly.

Gann Markets how to deposit to account
How To Deposit

Withdrawals

Money must be returned to the original payment method. Alternatively, you can transfer funds between trading accounts.

Withdrawals are processed on the same working day, however, the time taken for funds to clear may vary between payment methods.

To request a withdrawal; head to your account dashboard and the ‘My Money’ section. Select the payment method and click ‘Withdraw’.

Demo Account Review

Paper trading accounts are offered by Gann Markets. The profile simulates real-market conditions, with access to flexible leverage and live spreads.

Demo accounts essentially allow traders to test new strategies, practice using the platforms, and try the different account types available without investing money.

Deals & Promotions

Gann Markets offers various deals and promotions.

The broker regularly runs welcome bonuses, including a flat bonus when you deposit or register a new profile. Gann Markets also offer physical rewards such as drones or watches for trading a set amount of lots in a set period.

At the time of writing, our experts found a 100% deposit bonus up to $100. A $40 bonus for deposits of $100 or more was also available.

Regulation & Licensing

Gann Markets is registered in St. Vincent and the Grenadines with the local Financial Services Authority. However, this is not a highly regarded regulator vs the likes of the UK Financial Conduct Authority (FCA) and the Cyprus Securities & Exchange Commission (CySEC).

The company is also a member of the Financial Commission (FinaCom). This is an independent organization that helps resolve disputes between clients and financial services companies. FinaCom looks to protect traders’ interests, and victims of brokers’ financial misconduct are entitled to compensation of up to 20,000 EUR.

Execution quality is also confirmed by VerifyMyTrade (VMT).

Additional Features

The educational resources offered by Gann Markets are limited and do not provide enough information for new traders to successfully get started with forex trading. The content has very basic written explanations and short YouTube videos.

If you are looking for a quick refresher on certain terms then this may be sufficient, but if you are looking to learn to trade effectively then consider brokers with top-rated educational resources.

Gann Markets Accounts

Gann Markets offers two live accounts. Both profiles can be opened in USD, EUR, and GBP account denominations.

The Standard Account is the most popular solution, offering access to all assets on the MetaTrader 4 platform:

The ECN Account is more suited to high-volume traders looking for better spreads and executions. Account holders benefit from:

Gann Markets also offers swap-free versions of both accounts. These profiles are Halal trading accounts for Muslim investors and take away interest in paying or earning parts of the account, including daily exchange fees and swaps.

Benefits

While using Gann Markets, our experts found several advantages:

Drawbacks

Disadvantages to registering for a Gann Markets account include:

Trading Hours

Trading hours at Gann Markets are Monday 00:05 to Friday 23:55 EET (UTC + 2).

Market trading session times:

Customer Support

Gann Markets offers multiple customer support avenues. You can contact the firm 24/7 by calling, mailing, emailing, or filling out their online contact form.

Contact details:

Gann Markets also has an FAQ page that covers common questions such as how to trade and navigate your account.

Safety & Security

Both MetaTrader platforms provide a secure trading environment with encrypted data exchanges between servers and client portals.

The mobile apps also come with multiple safety features including biometric logins and two-factor authentication.

Gann Markets Verdict

Gann Markets is an up-and-coming brokerage with various pros and welcome incentives. This includes access to MT4, hundreds of deposit and withdrawal options, ECN executions, plus a long list of forex assets.

However, the limited educational resources and questionable regulatory status is disappointing and may prevent beginners from signing up with the online broker.

Accepted Countries

Gann Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Gann Markets from United States, United Arab Emirates, Turkey.

Compare Gann Markets

Compare Gann Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to Gann Markets:

  1. World Forex – World Forex offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
  2. Kwakol Markets – Kwakol offers trading on the MT4 & MT5 platforms with high leverage & copy trading.
  3. ForexChief – ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
  4. Coinexx – Coinexx is an ECN broker with 1:500 leverage, 80+ instruments and a joining bonus.

Gann Markets Comparison Table

Compare Gann Markets With Similar Brokers
Gann Markets World Forex Kwakol Markets ForexChief Coinexx
Rating 3 4 2.4 3.3 2.5
Markets CFDs, Forex, Commodities, Cryptos, Stocks, Indices Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts CFDs, Stocks, Indices, Commodities, Forex, Cryptos Forex, Stocks, Commodities, Crypto Forex, Commodities, Indices, Cryptocurrencies
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $100 $1 $1 $10 0.001 BTC
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 lots 0.01 Lots
Regulators SVGFSA SVGFSA ASIC, FINTRAC VFSC
Bonus 100% Deposit Bonus 100% Deposit Bonus $100 no deposit 100% Deposit Welcome Bonus
Education No No No No No
Platforms MT4 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Leverage 1:400 1:1000 1:1000 1:1,000 1:500
Payment Methods 13 10 4 9 2
Visit
Review Gann Markets
Review
World Forex
Review
Kwakol Markets
Review
ForexChief
Review
Coinexx
Review

Compare Trading Instruments

Compare the markets and instruments offered by Gann Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Gann Markets Trading Instruments
Gann Markets World Forex Kwakol Markets ForexChief Coinexx
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes No Yes
Gold Yes Yes Yes Yes Yes
Copper No No Yes No No
Silver Yes Yes Yes Yes Yes
Corn No No No No No
Crypto Yes Yes Yes Yes Yes
Futures No No No No No
Options No No No No No
ETFs No No No No No
Bonds No No No No No
Warrants No No No No No
Spreadbetting No No No No No
Volatility Index No No No No No

Gann Markets vs Other Brokers

Compare Gann Markets with any other broker by selecting the other broker below.

Gann Markets vs

FAQ

Is Gann Markets A Good Broker?

Gann Markets is a better option for active traders looking to speculate on the forex market. The broker offers the MetaTrader 4 platform, 1:400 leverage, and raw spreads on the ECN account. There is a $500 minimum deposit to get started with the ECN profile.

Does Gann Markets Have A Demo Trading Account?

Gann Markets offers a demo account which is free to open. You just need to sign-up to Gann Markets and create an account. From here, you can open multiple live or demo profiles. Paper trading accounts allow users to develop strategies without risking personal capital.

What Is The Minimum Deposit At Gann Markets?

The Gann Markets Standard account has a minimum deposit of $100. The starting deposit with the ECN profile is $500. Deposits are commission-free (as are withdrawals) and are relatively quick.

The brand also offers deposit bonuses, giving your account a flat boost in funds.

What Account Types Do Gann Markets Offer?

Gann Markets offers two account types; Standard and ECN. The Standard profile is the most popular, providing commission-free deposits, withdrawals, and trading. The ECN account boasts lower spreads but has a $7 commission per lot traded.

Are Gann Markets Account Halal?

Gann Markets offers halal, swap-free versions of both their Standard and ECN accounts. These Muslim-friendly profiles are in line with Islamic religious rules. There are no daily exchange fees or swap charges.

Gann Markets is a multi-asset broker with a $100 minimum deposit, ECN trading and joining bonuses for new users.