Score

1.98 /10
Danger

GFS PARTNERS

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 5

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index7.02

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GFS PARTNERS LIMITED

Company Abbreviation

GFS PARTNERS

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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GFS PARTNERS · Company summary

Since GFS PARTNERS's official website (https://www.gfspartner.com/) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering some relevant information from other official websites.

 basic-info

General Information

Registered in the United States, GFS PARTNERS is an online forex broker offering a series of trading instruments, including currency pairs, as well as some CFD products on gold, metals, oil and more through the leading MT4 trading platform, with the maximum leverage up to 1:500. Please be note that GFS PARTNERS is authorized or regulated by any regulatory authorities. Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money.

Market Instruments

GFS PARTNERS hypes that it provides easy access to a massive financial markets, with more than 250 trading assets can be traded, including currency pairs, as well as CFD products on stocks, gold, oil, and some other asset classes with a leverage up to 1:500.

Leverage

Problematically, GFS PARTNERS allows traders to use leverage of up to 1:1000, which is significantly higher than the levels regarded appropriate by many regulators. this is the typically tactic employed by many unregulated forex brokers to attract investors to jump into their traps.

However, since leverage can magnify gains as well as losses, it is wise for beginners to choose a smaller size until they gain more trading leverage.

Spreads

Since the inaccessibility of GFS PARTNERSs official website, we could not obtain spread conditions offered by this forex broker.

Trading Platform

Surprisingly, as an unregulated forex broker, GFS Partner offers its clients access to the industry-leading MT4 trading platform, which is among the most popular trading platform around the world.

MT4 features robust charting package, multiple technical indicators, as well as EA supported for traders to automated trading during all trading sessions.

Deposit & Withdrawal

Disappointingly, no information about payment methods they accept, as well as their minimum deposit requirements can be founded anywhere.

Bear in mind that most legit brokers require a minimum deposit of less than $200 for a standard account, and some common payment options accepted include major credit cards likeVISA, MasterCard, Bank Wire, and E-wallets like Netller and Skrill.

Customer Support

Traders can reach out to GFS PARTNERS about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: (+852) 2790 3027, (+82)1811-6422

Email: enquiry@gfspartner.com

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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User comment

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冰焰38575
more than one year
¡Nunca trate con GFS ya que no tienen ninguna licencia regulatoria, lo que significa que pueden estafarlo y quitarle su dinero a voluntad impunemente, al menos durante cierto periodo! Lo más importante es la seguridad, si su dinero es engañado, ¿cuál es el punto de otras condiciones comerciales?
¡Nunca trate con GFS ya que no tienen ninguna licencia regulatoria, lo que significa que pueden estafarlo y quitarle su dinero a voluntad impunemente, al menos durante cierto periodo! Lo más importante es la seguridad, si su dinero es engañado, ¿cuál es el punto de otras condiciones comerciales?
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2022-11-30 18:34
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Garbo
more than one year
The withdrawal was delayed again and again, and finally, I can’t get in touch with them. The customer service is missing, the website is missing, and the broker is missing too. They'd better be in jail, otherwise, it's really hard to calm my anger.
The withdrawal was delayed again and again, and finally, I can’t get in touch with them. The customer service is missing, the website is missing, and the broker is missing too. They'd better be in jail, otherwise, it's really hard to calm my anger.
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2022-11-28 15:45
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5