GANN MARKETS

GANN MARKETS is an online trading platform registered in the Comoros Union, with a registered address at P.B. 1257 Bonovo Road, Fomboni, Moheli. The company was founded on October 9, 2019, and operates under the corporate name Gann Markets Corporation LTD. The broker presents itself as a multi-asset brokerage offering forex, CFDs, commodities, cryptocurrencies, stocks, and indices to retail traders worldwide.

Our review found that GANN MARKETS is not regulated by any financial authority. The company's website contains a reference to being a 'fully licensed company' in its terms and conditions PDF, but the name of the regulator and license number are redacted. Articles of formation on the site do not mention any specific regulatory body. This lack of external oversight is a significant consideration for traders.

GANN MARKETS provides four account tiers: Standard, Standard Swap Free, ECN, and ECN Swap Free. Standard accounts require a minimum deposit of $100 and offer leverage up to 1:400, with floating spreads and no specified commission. ECN accounts require a $500 minimum deposit and offer leverage up to 1:200, with spreads from -1 pip (negative spreads) and direct market execution.

Aggregated industry data indicates that the broker's maximum leverage of 1:400 is high compared to regulated brokers, which typically cap leverage at 1:30 or 1:50 in major jurisdictions. The availability of swap-free accounts caters to traders who wish to avoid overnight interest charges for religious or personal reasons. The broker also states that multiple positions and scalping are permitted.

The broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), widely used third-party platforms. These platforms offer advanced charting, automated trading via Expert Advisors, and a range of order types. GANN MARKETS claims to provide over 150 tradable instruments, including major forex pairs, indices (e.g., SP500, DOW30), commodities, stocks, and cryptocurrencies.

Sample data from the website shows index spreads: SP500 at 25 pips typical, DOW30 at 200 pips. These spreads are notably wider than those offered by many regulated brokers, which may increase trading costs. The broker does not publish comprehensive contract specifications on its main site, requiring users to refer to separate documents.

GANN MARKETS is registered in the Comoros Union, an offshore jurisdiction known for minimal financial regulation. The company does not hold a license from any recognized regulator such as the FCA, CySEC, or ASIC. According to our records, the broker's FXCanary Scam Risk Score is 75 out of 100, indicating severe risk.

The absence of regulation means traders are not protected by deposit compensation schemes, and the broker is not required to adhere to strict capital adequacy or client fund segregation rules. While the broker claims to be a 'fully licensed company,' the lack of verifiable regulatory details is a red flag for due diligence.

GANN MARKETS appears to target retail traders, particularly those seeking high leverage and low minimum deposits. The availability of swap-free accounts may attract traders from regions where Islamic finance is practiced. The broker's marketing emphasizes 'diversity' and 'seizing opportunities,' suggesting it aims at both beginners and experienced traders.

However, given the high-risk regulatory profile, the broker may be more suitable for traders who are willing to accept significant risk in exchange for high leverage and flexible account conditions. Conservative traders or those requiring regulatory protection would likely avoid this broker.