Brief information Garnet Trade
The international brokerage company Garnet Trade is a Forex and CFD broker that states it was founded in Sydney, Australia, in 2010. It serves retail, professional and institutional clients and reports having back offices in the UK and North Macedonia.
The website names GARNET FINANCE PTY LTD as an ASIC authorised representative under an Australian Financial Services licence, with representative number 001319729. It also lists MISA licence T2023429, described as covering financial reporting and audit services. These are the statuses stated by the company.
The broker additionally claims membership of the Financial Commission, an independent dispute-resolution organization, with compensation fund coverage of up to €20000 per case. This membership is separate from government regulation.
The company manages 2 websites:
garnet-trade.com — the current main website;
garnetfx.ca — the former address, which now redirects.
Account access is also available through web.garnetprivate.com. Customer support is advertised as available 24/7 through live chat, tickets and callback requests. The published office address is Blvd. 8-mi Septemvri 3/4-74, Skopje 1000, North Macedonia.
Garnet Trade trading terms
The company Garnet Trade offers access to:
currency pairs;
shares;
indices;
metals;
energy products;
futures.
The broker advertises more than 200 instruments, a No Dealing Desk execution model and leverage of up to 1:1000, depending on the account.
Available platforms include Garnet Private, with browser access and mobile applications for iOS and Android, and MetaTrader 5 Desktop. Garnet Plus provides trading signals, technical analysis, news, an economic calendar and educational videos. The company also offers copy trading and a Multi Account Manager service.
Trading accounts at Garnet Trade
The broker lists five live account types:
Beginner — minimum deposit $100, spreads from 0.9 pip, leverage up to 1:100, no trading commission.
Standart — $1500, spreads from 0.7 pip, leverage up to 1:300, no trading commission.
Prime — from $5000, spreads from 0.5 pip, leverage up to 1:300, no trading commission.
ECN — $10000, spreads from 0.1 pip, leverage up to 1:1000, no trading commission.
Zero — deposit $10000, spreads from 0.1 pip, leverage up to 1:500, with commissions depending on the instrument. This account is advertised as swap-free.
All accounts support USD, EUR, GBP and AUD as base currencies, with a minimum trade size of 0.01 lot. A demo account provides $100000 in virtual funds.
Registration and personal account on garnet-trade.com
Registration begins through the Open Account link, which leads to web.garnetprivate.com. Account activation requires identity verification, including an identity document and a FACE ID check.
Deposits and withdrawals with Garnet Trade
Supported funding methods include:
bank transfers through EFT or SWIFT;
cryptocurrency transfers;
credit cards.
The minimum deposit is $100. Crypto and card payments are arranged through the investor panel; bank-transfer instructions are available from support. Deposit fees and crediting times are not specified.
There is no general withdrawal minimum, while crypto-wallet transfers start at $10. The broker states that it charges no withdrawal fee, although payment providers may apply deductions. Requests are stated to be processed within 30–60 minutes; external transfer times are not separately specified.
Conclusion about Garnet Trade
The brokerage company publishes account thresholds, spreads, leverage limits and basic payment rules. Its stated ASIC representative status, MISA licence and Financial Commission membership have different scopes and should not be treated as interchangeable protections. Deposit charges, transfer arrival times and instrument-specific costs require clarification before opening a live account. Before investing, it's better to look through Garnet Trade reviews of clients.
