what is gann markets minimum deposit & leverage?

anyone traded with gann markets, what is their starting deposit and how much leverage do they offer?

J
@josiah_edem - 1 year ago

They dont have a minimum deposit so you can fund your account with any amount you have. Their leverage used to be 400x but now they have increased it to 3000x

S
@segun_33 - 1 year ago

Their standard account minimum deposit is NGN 0, but their ECN account is quite expensive with a whooping $200 minimum deposit which i personally think is too much because gann markets is not a top tier forex broker i wouldnt advise anyone to invest that much with them.

@Josiah you said they have 1:3000 leverage now but my argument is that they do not provide the proper risk management tools to handle such high leverage.

For example they do not even have a mobile app so what happens if their MetaTrader is freezing and you have to quickly close a losing trade or adjust a stop loss? High leverage requires that a broker provide all the necessary tools needed to manage it.

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