Score

1.54 /10
Danger

GFtrade

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

GFtrade · Company summary

Basic Information & Regulation

GF Trade is an offshore forex and CFD broker and is not currently subject to any effective regulation.

Safety Analysis of GF Trade

GF Trade is currently an unregulated broker, which means that investors' trading activities and funds are not effectively protected on the GF Trade platform compared to those regulated by the FCA in the UK and ASIC in Australia. Therefore, investors should be careful to stay away from this GF Trade forex dealer.

Market Instruments

GF Trade offers traders access to popular currency pairs, 11 indices CFDs, oil, gas, gold, silver, and stocks.

Accounts & Leverage of GF Trade

GF Trade offers investors three different types of trading accounts: Mini (minimum deposit of $10), Standard (minimum deposit of $100), and Premium (minimum deposit of $500). The maximum trading leverage for all three types of accounts is 1:500.

Spreads & Commissions

Spreads on the GF Trade platform are floating, starting from 2 pips for Mini accounts, 1.6 pips for Standard accounts, and 0.9 pips for Premium accounts.

Trading Platforms Available of GF Trade

GF Trade offers traders the popular MT4 trading platform, which contains 50 built-in market indicators and the option to run automated trading with custom trading robots or EAs, as well as a user-friendly MT4 interface and excellent charting tools to help traders trade easily.

Deposit and Withdrawal

GF Trade supports traders to withdraw and deposit funds to their accounts via Visa, MasterCard, NETELLER, Skrill, FasaPay, WebMoney, China UnionPay, Alipay, Wire Transfer, etc.

Pros & Cons of GF Trade

The main advantages of GF Trade are:

1. A larger variety of trading assets

2. Three types of accounts to choose from

3. Low minimum deposit requirements for accounts

4. MT4 trading platform

5. Multiple deposits and withdrawal methods

The main disadvantages of GF Trade:

1. Not subject to any regulation

2. Unusual withdrawals conditions


User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment