The German regulator BaFin has warned against the white-label GMT Trading broker scam and announced investigations. The broker’s website does not provide any information about the operators or the relevant jurisdiction. Deposits from potential victims are possible via credit and debit cards, which are processed via the facilitating payment processor Payola. Alternatively, victims can lose their funds via crypto deposits. You wanted to stay far away from GMT Trading and save yourself from financial losses and loss and misuse of your data.
Key data
| Trading name | GMT Trading GMTTrading |
| Domains | https://gmttrading.io |
| Legal entity | not disclose |
| Jurisdiction | not disclosed |
| Payment options | Credit and debit card Crypto |
| Payment processor | Payola (https://payola.ca) |
| Authorization | No |
| Warning | BaFin |
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If you have any information about GMT Trading, its operators, and facilitators, please share it with us via our whistleblower system, Whistle42.
