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GFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:21

Abstract:GFXRoyal is an offshore forex broker registered in Marshall Islands, offering currency trading services for both retail and professional traders. GFX claims that it offers five trading accounts for traders to choose from.

  Note: GFX's official website - https://www.gfxroyal.com/ is currently inaccessible normally.

GFX Review Summary
Founded2019
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsCurrency pairs, CFDs on indices, commodities, stocks, and cryptocurrencies
Demo Account/
LeverageUp to 1:5 (cryptocurrency)
Spread6.2 pips (Explorer Account)
Trading PlatformWeb Trader
Min Deposit$500
Customer SupportEmai: support@gfxroyal.com

  GFXRoyal is an offshore forex broker registered in Marshall Islands, offering currency trading services for both retail and professional traders. GFX claims that it offers five trading accounts for traders to choose from.

  GFXRoyal says that it is the trading name of GFX Finance who belongs to CAPITTAL LETTER GMBH, German Investment Firm Incorporation: HRB242418, 23/07/18.

  Please note that this brokerage is not subject to any regulatory authorities, please be aware of the risk.

GFXRoyal's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Various accounts choicesLack of regulation
Wide spreads
No MT4 or MT5
High minimum deposit
Limited payment options
Inactivity fee charged
Only email support

Is GFX Legit?

  No, it is not regulated by the financial services regulatory authority in Marshall Islands, which means that the company lacks regulation from its registration site. Besides, AMF, a French regulatory authority issued a warning notice about this company. Therefore, please be aware of the potential risks!

No license
Domain information
Disclosure

What Can I Trade on GFX?

  GFX offers several types of products, including currency pairs, CFDs on indices, commodities, stocks, and cryptocurrencies.

Tradable Instruments Supported
Currency Pairs✔
CFDs✔
Indices✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Leverage

  Trading on cryptocurrencies can use leverage up to 1:5, while leverage for other particular instruments is not mentioned.

Account Type

  GFX provides 5 types of accounts, including Explorer, Basic, Silver, Gold, and Platinum.

Account TypeMin DepositMax Deposit
Explorer$500$,2499
Basic$2,500$9,999
Silver$10,000$24,999
Gold$25,000$99,999
Platinum$100,000$499,999
Account comparison

Trading Platform

  GFX uses a web-based platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web Trader

Deposit and Withdrawal

  GFX supports 3 types of payment options, including Wire Transfer, Vload, and Cashier. However, other details such as the processing time and fees are not clear.

Fees

  If a trader did not login and trade from his account within three months, then his account will be subject to a deduction of 10% each month.

Related broker

Not Regulated
GFX
Company name:GFX Royal
Score
1.55
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.55

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