Score

1.54 /10
Danger

GFC Global

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

open now

Regulatory disclosure

Danger

VG FSC
2021-01-29

Broker Information

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Company Name

GFC Global Financial Contracts Ltd.

Company Abbreviation

GFC Global

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GFC Global · Company summary
GFC Global Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Stock Indices (CFDs), Commodities
Demo AccountAvailable
LeverageUp to 400:1
SpreadTight spreads on over 120 currency pairs
Trading PlatformGFC Web Trader, MetaTrader 5, MetaTrader 4
Min Deposit$250.00
Customer SupportTelephone number : +44 (0) 203 991 0502+52 55 4163 7602+01 210 595 3390Address: 25 Canada Square, London, E14, 5LQ

GFC Global Information

GFC Global is a trading platform founded in 2021 and headquartered in the United Kingdom. It is not regulated by any particular regulatory authority. The company offers two main account types: Standard Forex trading account and Mini Forex Trading account. It offers several trading platforms, including GFC Web Trader, MetaTrader 5 and MetaTrader 4, and provides tradable assets such as forex, stock indices (CFDs) and raw materials.

GFC Global Information

Pros and Cons

ProsCons
Tight Spreads on 120+ Currency PairsLack of Regulation
Maximum Leverage up to 400:1Conversion Premium for Different Currency Deposits
Availability of Demo AccountNo 24/7 Live Video Chat Support
Flexible Leverage Options
Availability of Demo Account

Is GFC Global Legit?

GFC Globalis currently in a state of no effective supervision.

What Can I Trade on GFC Global?

GFC Global offers traders the opportunity to trade forex, stock indices (CFDs) and raw materials.

What Can I Trade on GFC Global?
What Can I Trade on GFC Global?
What Can I Trade on GFC Global?
Tradable InstrumentsSupported
Stock indices
Forex
Currencies
Crypto currencies
Raw materials
Bonds
Binary Options
Mutual Funds
Futures

Account Types

GFC Global offers two live account types, namely Standard Forex Trading Account and Standard Forex Trading Account.

The minimum deposit for a standard Forex trading account offered by GFC Global is USD 2,500.00. With this account type, users can leverage up to 400:1 in forex spot trading. Traders benefit from the spread of over 120 currency pairs.

Mini Forex trading accounts offered by GFC Global require a minimum deposit of $250. Traders enjoy up to 400:1 leverage and real-time profits.

AspectStandard Forex Trading AccountMini Forex Trading Account
Account TypeStandardMini
24/7 Live Video Chat SupportYesNo
WithdrawalsStandard procedures applyStandard procedures apply
Demo AccountAvailableAvailable
Copy Trading ToolYesNo
BonusN/AN/A
Leverage Up to1:4001:400
Other FeaturesReal-time profits, Tight spreads on 120+ currency pairsReal-time profits, Suitable for beginners, Lower minimum deposit

Leverage

GFC Global allows clients to leverage up to 400:1.

GFC Global Fees

GFC Global claims to offer low-cost commission services. The exact amount of its fees was not disclosed.

Trading Platform

MT5 is chosen by GFC Global to serve clients of different preferences.

Trading Platform
Trading PlatformSupportedAvailable DevicesSuitable for
MT5Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

GFC Global opens a standard Forex trading account with a minimum deposit of US $2,500.00 and a Mini Forex trading account with a minimum deposit of US $250.00.

When making a deposit, please refer to the name and GFC account number of the account holder. It is important to emphasize that the currency of the deposit should be the same as the base currency of the account of the global financial company, as the bank can convert the funds for a nominal fee.

If funds need to be deposited in a currency other than the base currency of the GFC account, GFC Global will convert the funds at the current GFC request (buy) rate plus a conversion premium of up to 3%.

User Reviews

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User comment

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sea widen sky
more than one year
Hey folks, just a heads up about my experience with GFC Global - it's a total letdown. They lure you in with these flashy deposit deals that seem too good to pass up. I fell for it, and guess what? Trying to pull my money out became a joke. Don't be like me; don't trust GFC Global. Once your money's in, it's like they've got it on lockdown. Seriously, steer clear of these guys unless you're into donating your cash with zero returns. Learned my lesson the hard way, and I wouldn't wish that headache on anyone. Save yourself the trouble, find a legit platform, and keep your hard-earned money safe.
Hey folks, just a heads up about my experience with GFC Global - it's a total letdown. They lure you in with these flashy deposit deals that seem too good to pass up. I fell for it, and guess what? Trying to pull my money out became a joke. Don't be like me; don't trust GFC Global. Once your money's in, it's like they've got it on lockdown. Seriously, steer clear of these guys unless you're into donating your cash with zero returns. Learned my lesson the hard way, and I wouldn't wish that headache on anyone. Save yourself the trouble, find a legit platform, and keep your hard-earned money safe.
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2024-01-18 17:58
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FX1578050711
more than one year
Had issues withdrawing funds with GFC Global after opening an account through Ms. Wang. The withdrawal process was problematic, and I couldn't find any contact information for assistance.
Had issues withdrawing funds with GFC Global after opening an account through Ms. Wang. The withdrawal process was problematic, and I couldn't find any contact information for assistance.
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2023-12-27 17:36
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