GENERAL INFORMATION
GARNET LIMITED Was Established In 2010 In Australia To Share Its Trading Experience In The Interbank FX Liquidity Market. Operating Since 2018 And Providing Turkish Language Support, GARNET TRADE Provides Trade Execution And Clearing Services Worldwide, Serving Institutional, Retail And Professional Investors. With Offices In Canada, Macedonia And The UK, GARNET TRADE Operates In Over 50 Markets And Offers A Wide Range Of Electronic Trading Products, Including Equities, CFDs, Energy, Metals And FX. As A Member Of The Financial Commission, GARNET TRADE Secures Capital Up To €20,000 And Provides Direct Compensation For Disputes. The Company Also Sponsors Sports Teams Such As The Portuguese Braga Team, The Honda LCR Competing In The Grand Prix Of Motorcycles, And The Galatasaray Women's Volleyball Team.
Trading Tools
GARNET TRADE Offers Its Clients A Wide Range Of Trading Tools Covering A Wide Range Of Asset Classes. Clients Have Access To The Following Market Tools:
Forex Currency Pairs: Trade More Than 70 Currency Pairs, Including Major Currency Pairs, Minor Currency Pairs, And Exotic Currency Pairs. Competitive Spreads Start From 0 Pips.
Indices: Access To A Variety Of Indices, Including Popular Indices Such As The Standard & Poor's 500, NASDAQ, DAX And FTSE 100.
Commodities: Trade Commodities Such As Gold, Silver, Oil And Gas.
Futures Contracts: Access To Futures Contracts For Indices, Energy And Metals.
Stocks: Access To Over 150 Stocks From Some Of The World's Largest Companies, Including Apple, Amazon, Google And Facebook.
Please Note That While GARNET TRADE Offers A Variety Of Market Tools, There Are Some Limitations, Such As Availability Of Exotic Currency Pairs And Certain Fees. Clients Should Consider Their Specific Trading Preferences And Ask For GARNET TRADE's Market Instruments When Assessing Their Suitability.
Account Types
GARNET TRADE Offers A Range Of Trading Accounts With Different Features To Suit Traders Of Different Experience Levels. Available Account Types Include Beginner Account, Standard Account, Prime Account, ECN Account And Zero Account.
The Minimum Deposit Requirement For Beginner Account Is $100 And Supports Base Currencies Such As USD, EUR, GBP And AUD. It Offers A Maximum Leverage Of 1:100 With Spreads Starting From 0.9 Pips. This Account Type Allows Traders To Implement Any Trading Strategy And Does Not Charge Any Commission.
Standard Accounts Require A Minimum Deposit Of $1500 And Offer Similar Features To Beginner Accounts, Including Support For Multiple Base Currencies, Maximum Leverage Of 1:300, Spreads From 0.9 Pips, And Zero Commission.
Prime Accounts Have A Minimum Deposit Of $5000 And A Minimum Balance Requirement Of $1000. It Supports The Same Base Currencies And Offers Maximum Leverage Of 1:300. Spreads For This Account Type Start From 0.5 Pips, And Like Previous Accounts, It Also Has Zero Commission.
For More Experienced Traders, GARNET TRADE Offers Ecn Accounts And Zero Accounts. Both Accounts Require A Minimum Deposit Of $10,000 And A Minimum Balance Of $5,000. They Support Multiple Base Currencies And Offer A Higher Maximum Leverage Of 1:500. ECN Accounts Offer Spreads From 0.1 Pips, While Zero Accounts Offer Equally Low Spreads And Introduce Commissions From $0 To $10.
These Account Types Offer Traders Flexibility In Terms Of Deposit Amounts, Leverage Options, Spreads, And Commissions, Allowing Them To Choose The Account That Best Suits Their Trading Preferences And Goals.
Leverage
GARNET TRADE Offers Up To 1:500, Which Is A Pretty High Level. It Offers Different Leverage Options In Its Account Types. The Leverage Ratios Offered Are As Follows:
Beginner Account: Up To 1:100
Standard Account: Up To 1:300
Prime Account: Up To 1:300
ECN Account: Up To 1:500
Zero Account: Up To 1:500
Spread And Commission (Transaction Fee)
Commission Fee Varies By Account Type GARNET TRADE:
Beginner Account: Zero Commission
Standard Account: Zero Commission
Prime Accounts: Zero Commissions
ECN Accounts: Zero Commissions
Zero Accounts: Commissions Range From $0-10 Per Lot Traded.
NON-TRADE FEES
Unfortunately, Detailed Information On Specific Non-transaction Fees Is Lacking At GARNET TRADE. Clients Are Advised To Contact GARNET TRADE Directly Or Refer To Their Official Documentation For Accurate And Up-to-date Information On Non-transaction Fees.
Trading Platform
GARNET TRADE Supports Metacustomer5 (mt5), Which Is A Great Platform Choice. This Platform Is Probably The Best On The Forex Market. The Latest Metaquotes Trading End Point Retains Most Of The Features Of Its Predecessor Mt4, But Is More Technologically Advanced, Allowing For The Processing Of Derivatives And Exchange-traded Stocks From The Same Account.
Deposit And Withdrawal Methods
GARNET TRADE Offers Customers More Than 15 Funding Options For Depositing Funds Into Their Accounts. Accepted Payment Methods Include Credit Cards, E-wallets, Bank Telegraphic Transfers And Local Transfers, Ensuring Convenience And Ease Of Deposit And Withdrawal. At GARNET TRADE, The Process Of Depositing And Withdrawing Funds Is Designed To Be Simple And Time-saving.
GARNET TRADE Advertises Account Levels Starting At $100, Which Is A Common Amount To Start A Transaction.
Client Server
Customer Support Is An Essential Service For Any Company Dealing With People's Money. Fortunately, GARNET TRADE Has A Reliable Customer Support System. They Provide Several Numbers To Call Or Message Them.
Customers Can Contact The Company Via Phone + 1 647 846 6572 In Canada As Well As Phone + 61 291919765 In Australia And Phone + 44 20 38070029 In The UK. In Addition, Customers Can Also Choose To Contact The Company Via SMS On WhatsApp Using Numbers + 1 905-510-9627 Or + 44 7376 500082.
For Email Correspondence, Customers Can Contact The Company Via Info-ca@garnettrade.com Or Info-au@garnettrade.com. However, It Is Worth Noting That The Live Chat Option Offered By The Company Is Currently Unavailable.
