GLFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-15 10:47

Abstract：GLFX was founded in 2021. The platform provides tight spreads and no commission with a minimum deposit of $100. Relied on high-performance online forex trading platforms, GLFX offers traders a diverse range of account options.

GLFX Review Summary
Founded	2021
Registered Country/Region	UK
Regulation	No regulation
Market Instruments	Forex
Demo Account	✅
Leverage	Up to 1:888
Spread	From 0.1 pips (Standard account)
Trading Platform	MetaTrader 5, GLFX APP
Minimum Deposit	$150
Customer Support	Email: support@glfxlimited.com
	Tel: +44 7476 499915, +971 52 568 9366
	Live Chat

GLFX Information

　　GLFX was founded in 2021. The platform provides tight spreads and no commission with a minimum deposit of $100. Relied on high-performance online forex trading platforms, GLFX offers traders a diverse range of account options.

Pros and Cons

Pros	Cons
Multiple account types	No regulation
Demo account available	Only forex trading
Live chat support	Lack of deposit and withdrawal details
MT5 provided

Is GLFX Legit?

　　GLFX is not regulated by any financial regulatory authorities. Besides, its domain status shows that client transferring is prohibited. Please be aware of the risks!

What Can I Trade on GLFX?

　　GLFX provides a portfolio of over 55 currency pairs.

Tradable Instruments	Supported
Forex	✔
Commodities	❌
Cryptos	❌
Bonds	❌
Indexes	❌
Stocks	❌
ETFs	❌

Account Types

　　GLFX offers 3 types of trading accounts, each tailored to different trading styles and account sizes. In addition, GLFX provides demo accounts for beginners to practice. The accounts differ mainly in their spread structure, leverage limitation and commission fees, allowing traders to choose the best fit based on thier strategy.

Account Type	Minimum Deposit	Leverage	Spread	Commission
MICRO	$150	1:500	From 1.4 pips	$0 FX
MINI	$500	1:400	From 1.4 pips	$0 FX
STANDARD	$5,000	1:100	From 0.1 pips	$8/Round

Leverage

　　GLFX offers leverage of up to 1:888. A high leverage ratio brings high returns along with high risks.

GLFX Fees

　　Overall, GLFX's trading fees are considered resonable, especially with competitve spreads and low commissions.

Account Type	Spread From (pips)	Commission (per round)
MICRO	1.4	$0 FX
MINI	1.4	$0 FX
STANDARD	0.1	$8

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5 (MT5)	✔	Windows, iOS, Android	Experienced traders
GLFX APP	✔	Mobile	/
MetaTrader 4 (MT4)	❌	/	Beginners