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GFA -

Score

1.56 /10
Danger

GFA

Australia

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

http://www.gfacm.com/

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.96

Risk Management Index0.00

Software Index4.37

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

GFA Capital Markets LTD

Company Abbreviation

GFA

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

GFA

Australia

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
GFA · Company summary
GFAReview Summary
Founded2019-03-26
Registered Country/RegionAustralia
RegulationSuspicious Clone
Market InstrumentsForeign Exchange/Precious Metal CFD Products
Demo Account✅
LeverageUp to 1:30
Trading PlatformGFA(Windows/MAC/Android/iOS/Web Browse)
Customer SupportTel: +61285998111
E-Mail: gfa.customer@gfacm.com.au

GFA Information

Registered in Australia, GFA Capital Markets LTD (“GFA ”) is a financial institution specializing in online foreign exchange and precious metal CFD products, and provides 24-hour service on trading days.

The platform client is available for Windows, MAC, Android, iOS, and Web Browser versions. CFD trading AC can open Mini, Standard, High-level, and Vip accounts with a minimum account opening requirement of $100. AC accounts are opened for individuals, joint names, and companies.

GFA Information

Is GFA Legit?

GFA is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under license No.398104. However, the 'Suspicious Clone' status is not as safe as the regulated.

Is GFA Legit?
Is GFA Legit?

What is the trading market like?

The trading hours for Forex and Metal CFDs are from 6:15 am Hong Kong time on Monday to 4:00 am Hong Kong time on Saturday (US Summer Time).

The difference is that the US Winter Time for Forex trading is from 6:15 am Hong Kong time on Monday to 5:00 am Hong Kong time on Saturday, while the US Winter Time for Metal CFDs is from 7:15 am Hong Kong time on Monday to 5:00 am Hong Kong time on Saturday.

The CFD on the exchange rate of major currency pairs is 30:1, and the CFD on the exchange rate of minor currency pairs, gold, or major stock market indices is 20:1. For more information, please visit the official website http://www.gfacm.com/?l=en-us.

User Reviews

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User comment

1

Comments

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大鹏1413
more than one year
As a user, I am disappointed and apprehensive about GFA's services. The website claims that it is regulated by ASIC, but upon further investigation, it was discovered that the regulatory license may have been forged and the registered address could not be verified. This casts doubt on its integrity, and I cannot ignore these uncertainties. Therefore, I do not recommend others to use this broker.
As a user, I am disappointed and apprehensive about GFA's services. The website claims that it is regulated by ASIC, but upon further investigation, it was discovered that the regulatory license may have been forged and the registered address could not be verified. This casts doubt on its integrity, and I cannot ignore these uncertainties. Therefore, I do not recommend others to use this broker.
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2023-03-27 18:18
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