Geetle Broker Review

Founded in 2020, Geetle is a multi-asset broker, offering its services to traders of all levels across the globe. The broker offers various trading instruments, including currencies, indices, stocks, metals, digital currency, and commodities.

With a minimum deposit of $2,500 and leverage up to 1:400, Geetle is an ideal choice for those wanting to take their trading to the next level. In addition, the broker offers both proprietary mobile and web platforms that give users access to various markets, enabling them to enter positions quickly and efficiently.

Furthermore, Geetle offers 24/6 multilingual customer support, covering many topics, including deposits, withdrawals, account opening, and more. The broker also provides a range of services free of charge, such as deposits and withdrawals, which are available without any fees. Additionally, no inactivity fees or hidden costs are associated with trading on the platform.

Overall, Geetle provides a comprehensive suite of features and services to help traders make the most of their trading opportunities. Let's dive into the details of Geetle online trading broker.

Broker safety details

This new-age broker has implemented all necessary security measures to ensure a safe and secure trading environment. With robust SSL encryption, clients can rest assured that their data is safe and secure. Additionally, all funds are kept in segregated accounts to ensure their safety.

The broker has partnered with multiple tier-1 banks to ensure fast and reliable money transfers. Furthermore, the broker keeps the client's funds in separate bank accounts to remain segregated from their funds.

When the funds are segregated, the broker can never use them for any purpose other than trading or withdrawals. Furthermore, the broker complies with KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to ensure it meets all regulatory requirements.

KYC ensures the broker has verified the identity of each client, protecting them from any fraudulent activities. On the other hand, AML helps to prevent money laundering activities.

Both these compliances make the broker trustworthy and secure to open an account with. In addition, the broker also provides its clients with negative balance protection, which helps to protect them from any potential losses.

Moreover, clients can withdraw their funds whenever they want, with no minimum withdrawal requirements. All these features make Geetle a secure trading platform to open an account.

Fees details

Geetle does not charge any deposit or withdrawal fees on its platform. This makes it an ideal choice for traders who want to save money when trading. Furthermore, the broker does not charge any inactivity fees or hidden costs associated with trading on its platform.

However, traders might need to pay additional service or processing charges from their banks or payment methods while funding their accounts. It is because banks or payment methods impose third-party charges, and Geetle has no control over those charges.

The only fee charged is the spread, applied when the traders open and close their positions. The spreads vary depending on the asset class or instruments being traded. The broker offers very tight spreads, making it one of the most competitive brokers in the market.

Besides, traders can benefit from no commissions on trades executed with Geetle. As a result, it makes the broker one of the most cost-effective solutions for traders looking to take advantage of low trading costs.

The overall fee structure of Geetle makes it one of the most cost-effective brokers in the market. There are no hidden fees, making it an ideal broker for traders looking to trade with highly optimized costs.

Spread fee details

This multi-asset broker earns its revenue from the spread fee. The spread is the difference between the bid and ask prices for a particular instrument or asset class.

The spread is calculated when a trader opens and closes a position, and the difference between the prices is what the broker earns as its revenue. Generally, the spread is expressed in "pips," which is a fraction of a point or currency.

The spreads at Geetle are very tight, starting from 0.0 pips, making it one of the most competitive brokers on the market. The spreads are lower when trading major currency pairs, while they increase with exotic pairs and other asset classes.

The platform offers floating spreads, which can change depending on the trading conditions. Floating spreads are advantageous to traders as they allow them to take advantage of market movements.

Overall, the spreads at Geetle are very competitive, and the broker is suitable for traders who want to take advantage of tight spreads while trading.

Swap fee information

Geetle also charges a swap fee when traders hold positions overnight. The swap fee is calculated as the interest rate difference between the two currencies. So, for example, if a trader holds an AUD/USD long position overnight, the swap fee will be calculated based on the difference in interest rate between the Australian dollar and the US dollar.

Swap fees at Geetle are variable, meaning that the fees can change depending on the market conditions. Generally, when interest rates are high, the swap fee will also be increased, and when the interest rates are low, the swap fee will also be low.

Deposit and withdrawal details

Depositing and withdrawing funds on the Geetle platform is easy and secure. In addition, the broker supports a wide range of payment methods, such as credit cards, debit cards, bank transfers, e-wallets, and crypto-wallets.

The minimum deposit requirement for opening an account is $2,500 for Beginner, $5,000 for Standard, $25,000 for Intermediate, $50,000 for Advanced, $100,000 for Integral, and $250,000 for a Vip account.

The broker charges no fees for deposits or withdrawals, but traders might need to pay additional processing charges when making payments. Additionally, the funds are available for trading immediately after the deposit is made.

The withdrawal processing and credited time depend on the payment method used. The withdrawals may take around 3 to 5 days to process. The company has implemented modern security protocols to ensure that all transactions and data are secure.

As the broker has implemented KYC protocol, clients need to provide the necessary documents to verify their identity before they can make any withdrawals. However, it's a one-time process, and clients need to avoid repeating the same process if they want to make another withdrawal.

For any queries regarding deposits or withdrawals, you can contact the customer support team, who are available 24/6 via email and phone.

Tradable markets at Geetle

Being a new-age innovative broker, Geetle offers a wide selection of markets for traders. The broker covers all the major asset classes, such as currency pairs, indices, stocks, metals, digital currencies, and commodities.

The broker offers 2000+ tradable instruments across all asset classes. The broker also provides access to popular ones like Bitcoin and Ethereum, allowing traders to take advantage of price changes in the crypto market. Let's dive into all tradable markets available at Geetle:

Currency pairs

Geetle offers traders a wide selection of currency pairs to choose from, allowing them to access the global forex markets. The broker covers all the major currency pairs and some exotic pairs, so traders are sure to find a pair that suits their trading style.

Some popular major currency pairs available at Geetle include EUR/USD, GBP/USD, AUD/USD, and USD/JPY. In addition, the broker also offers a range of exotic and minor currency pairs such as EUR/TRY, GBP/NOK, AUD/CAD, etc.

With a leverage of up to 1:400 on selected forex pairs, traders can take advantage of tight spreads and leverage to increase their potential profits. In addition, the spreads available at Geetle are also very competitive, so you can be sure to get the best price available.

Starting from 0.0 pips, Geetle offers tight spreads on the major currency pairs. The spreads are also variable and may change during volatile market conditions. For full-fledged forex traders, Geetle is one of the best brokers to get access to a wide selection of currency pairs.

Indices

For traders looking to diversify their trading portfolio, Geetle is an ideal broker as it offers a wide selection of indices for them to choose from. The broker covers all the major global indices, such as S&P 500, NASDAQ 100, DAX 30, FTSE 100, and more. Indices trading is ideal for users who want to reduce their trading risk and enjoy the benefits of diversification.

Traders can take advantage of tight spreads and higher leverage compared to other asset classes, making the indices a good option for margin trading. The broker offers up to 1:200 leverage on selected indices, allowing traders to maximize their profits.

The spreads available on the indices are also variable, allowing traders to take advantage of the best price available in the market. Their proprietary platform offers a range of advanced trading tools and features, allowing traders to stay on top of market movements.

Stocks

Geetle offers a wide selection of stocks from popular global exchanges. The broker covers some of the most popular stocks, such as Apple, Tesla, Microsoft, Amazon, and more. Trading stocks is an excellent way for traders to diversify their trading portfolios and take advantage of the volatility in the stock market.

Geetle offers a leverage of up to 1:100 on selected stocks, allowing traders to take advantage of the volatility and maximize their profits. The broker also offers tight spreads, starting from 0.1 pips, and a range of advanced trading tools to help traders stay on top of the market movements.

Moreover, stock CFDs allow traders to trade the stocks without owning the underlying asset. This makes it easy for traders to access the stock market without making a large capital outlay.

Metals

Geetle also offers a wide range of metals for traders to choose from. The broker covers all the major and some of the minor metals, such as gold, silver, platinum, and more.

The metals can be traded with a leverage of up to 1:100 on selected instruments. Geetle also offers tight spreads on their metal pairs, starting from 0.1 pips. Their proprietary platform also provides a range of advanced trading tools and features that can help traders stay on top of market movements.

Metals trading allows traders to take advantage of the volatility in the metals market and maximize their profits. Furthermore, traders can also use the metals as a hedge against their other trades.

Digital Currencies

Geetle offers a wide selection of digital currencies for its traders. The broker covers some of the major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, and more.

Geetle offers a leverage of up to 1:2 on selected digital currencies, allowing traders to maximize their profits. The spreads available on digital currencies are also variable, allowing traders to take advantage of the best price in the market.

As digital currencies are highly volatile, it gives traders the opportunity to take advantage of price movements and make profits. Digital currencies are also a great option for diversifying a trading portfolio, as they offer traders the potential to earn returns that are not correlated with other asset classes.

CFDs on cryptocurrencies are a popular way for traders to access the digital currency market without owning them. This makes it easy for traders to enter the digital currency market and benefit from its potential returns.

Commodities

Commodities like brent oil, sugar, corn, coffee, and more are also available for traders to trade with Geetle. In addition, the broker offers a leverage of up to 1:100 on a few commodities, allowing traders to maximize their profits.

Commodity trading is ideal for traders who are looking to diversify their trading portfolio and take advantage of the price movements in global commodities. This market brings with it a lot of volatility, which gives traders the potential to make significant returns.

Leverage available on this platform

Geetle offers a range of leverage levels, depending on the asset class traded. For example, currency pairs have a maximum leverage of 1:400, stocks a maximum leverage of 1:100, metals a maximum leverage of 1:100, digital currencies a maximum leverage of 1:2, and commodities a maximum leverage of 1:100.

The leverage available on the platform ensures that traders can make the most out of their trades and maximize their profits. However, it is important to note that leverage should be used wisely, and traders should always manage their risk appropriately.

For example, if you're trading stocks of $300 at a leverage of 1:100, you can make a return of $3000 if the stock price rises by 3%. However, it is essential to remember that leverage can also magnify losses, so traders should always use leverage responsibly.

Geetle also offers different leverage levels depending on the asset class and the amount of capital you are trading with. It allows traders to make the most out of their trades and maximize their returns.

Negative Balance Protection (NBP)

Geetle offers a range of features and services to ensure that traders have the best trading experience possible. One such feature is their Negative Balance Protection (NBP). Traders can only lose what they initially deposited with the broker.

The NBP automatically closes any position when it reaches a certain level of loss so that the trader's account balance can never go into negative territory. It helps to protect traders from large losses in volatile markets and prevents them from losing more than they initially deposited.

Furthermore, Geetle also offers other risk management tools, such as stop-loss orders and take-profit orders, which help to manage risk even further.

Geetle trading platform

The broker offers a proprietary web and mobile platform, which makes it easy for traders to access the markets. The platform is user-friendly, with a simple and intuitive design. It is also available in multiple languages, making it easy for traders to access markets from different parts of the world.

The platform is available for web, Android, and iOS devices. It is also integrated with popular trading tools such as Autochartist and Trading Central, which helps traders to identify potential entry and exit points in the market. Some of the key features of the proprietary trading platform are:

Ultra-fast execution

The platform offers ultra-fast trade executions, allowing traders to take advantage of market movements quickly. Traders get real-time price quotes and can place orders with a few clicks. The faster execution experience helps traders to make the most out of their trading positions.

Advanced charting and analysis tools

The platform also offers advanced charting and analysis tools that help traders to identify trends and make informed trading decisions. These tools also allow traders to backtest their strategies and assess their performance in the markets. Moreover, the platform also offers automated trading capabilities, which enable traders to put their strategy on autopilot and let the market work for them.

Market tools and resources

The broker also offers a range of market tools and resources that traders can use to stay up to date with the latest market news and developments. Market tools like the economic calendar, market sentiment indicators, and technical analysis tools help traders to stay on top of the markets and make informed trading decisions.

Robust client support

For queries or questions, traders can access the 24/6 multilingual customer support. The customer support team is available via phone and email, ensuring that traders have all the help they need to make the most out of their trading experience. Their customer support team is responsive and can be contacted in various languages.

2000+ CFDs and assets

Geetle offers a wide range of CFDs and assets for traders. The broker offers more than 2000 instruments, including currency pairs, indices, stocks, metals, digital currencies, and commodities.

Trading account types

Geetle offers six trading accounts which are:

Beginner

This account is suitable for new traders and requires a minimum deposit of $2,500. It offers basic market access with desktop/web terminal trading, mobile trading, analytical materials, and one-click trading. There is also the option of a swap-free or Islamic account.

Standard

This account requires a minimum deposit of $5,000 and offers complete market access with desktop/web terminal trading, mobile trading, analytical materials, and one-click trading. The key distinctive feature of this account is that you get access to special market coverage that is not available in the beginner account.

Intermediate

You can execute your trading strategies in this trading account with a minimum deposit of $25,000. It offers the most comprehensive market access with desktop/web terminal trading, mobile trading, analytical materials, and a wide range of market coverage & insights.

Advanced

The Advanced account allows clients to access event invitations, swap-free/Islamic account options, and daily market analysis. It requires a minimum deposit of $50,000, allowing traders to get the most out of their trading experience.

Integral

With features like instant private support, personalized trading strategy execution, and dedicated market coverage, the Integral account requires a minimum deposit of $100,000. This trading account is ideal for clients looking for a more professional approach to their trading experience.

VIP

The VIP account from Geetle is the most advanced trading account, with a minimum deposit of $250,000. Clients get all the above features, exclusive market coverage, a VIP personal manager, and an array of analytical materials. This account is ideal for those looking to take their trading experience to the next level.

Customer support

The broker offers 24/6 multilingual customer support. The customer support team is available via phone and email, ensuring that traders have all the help they need to make the most out of their trading experience. Their customer support team is responsive and can be contacted in various languages.

• telephone: +18008400395
• Email: services@geetle.com

Geetle broker in a nutshell

Geetle is a multi-asset broker offering clients access to 2000+ instruments, including currency pairs, indices, stocks, metals, digital currencies, and commodities. In addition, the broker provides a range of trading accounts with a minimum deposit of $2,500 and up to 1:400 leverage. Overall, the broker offers a great variety of features and services for traders to make the most of their trading experience.

FAQs

What is the minimum deposit for traders?

The minimum deposit is $2,500.

Does it offer a demo account?

As of now, they do not offer a demo account.

How do I open an account with this broker?

You can open an account by filling out the online registration form on the broker's website.

What is the maximum leverage offered by them?

The maximum leverage offered is 1:400.

What platform does the broker support?

Geetle offers its robust proprietary trading platform for desktop, web, and mobile.

Is this broker secure?

Yes, it is a secure and reliable broker.

What are the deposit methods at Geetle?

The deposit methods at Geetle include wire transfers, credit/debit cards, and wallets.

What are the spreads at this broker?

The spreads start from 0.1 pips.

What is the minimum trade size?

The minimum trade size is 0.01 lots.

How to contact their customer support?

You can contact customer support by email and call.

What are the withdrawal methods available with this broker?

The withdrawal methods are similar to the deposit methods, including wire transfers, credit/debit cards, and wallets.

Do they offer educational content?

Yes, they offer a wide range of educational resources, such as market updates.

Can US residents open accounts at Geetle?

No, US residents cannot open accounts with this broker.

How can I change my password?

You can change your password by logging into your account and going to the "Profile" section. Then, click on the "Change Password" button.

What account types do they offer?

They offer six trading accounts — Basic, Standard, Intermediate, Advanced, Integral, and VIP.