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Suspicious Clone
Score
1.08 /10
Danger
GDFS TRADE
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.70
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2025-01-05
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The AustraliaASIC regulation (license number: 000480291) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| GDFS TRADE Review Summary | |
| Founded | 2024 |
| Registered country/region | Australia |
| Regulation | Suspected fake clone |
| Market Instruments | CFD,Forex,Precious Metals and Commodities,Indices,CryptocurrencyStock CFDs |
| Trading Platforms | MT4 |
| Maximum Leverage | 1:1000 |
| Spread | Spread as low as 1.4pips |
| Demo Account | Available |
| Minimum Deposit | $0 |
| Trading Platforms | MT4 |
| Customer Support | Phone: 400 120 3205 |
| Email: cs@gdfstrade.com | |
| Live Chat | |
GDFS TRADE Information
Founded in 2024 and registered in Australia, GDFS TRADE provides CFD trading for Precious Metals, Commodities, Indices, Currency Stock CFDs. Its trading platform is MT4, leverage is up to 1:1000, and spreads start at 1.4 pip. There is no minimum deposit needed; a demo account is offered.
Pros and Cons
| Pros | Cons |
| Various market instruments | Suspected fake clone |
| Spread as low as 1.4pips |
Is GDFS TRADE Legit?
You need to note that according to WiKiFX's investigation, the regulation of GDFS TRADE is currently suspected fake clone.
| Regulatory Status | Suspicious clone |
| Regulated by | Australia Securities & Investment Commission |
| Licensed Institution | GDFS TRADE INTERNATIONAL PTY LTD |
| Licensed Type | Straight Through Processing(STP) |
| Licensed Number | 480291 |
What Can I Trade on GDFS TRADE?
You can trade dozens of products including CFD,Forex,Precious Metals and Commodities,Indices,CryptocurrencyStock CFDs.
| Tradable Instruments | Supported |
| CFD | ✔ |
| Forex | ✔ |
| Precious Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| CryptocurrencyStock CFDs | ✔ |
Leverage
GDFS TRADE offers leverage up to 1:400 in standard account.And the max leverage of it is 1:1000.
Account Type
GDFS TRADE provides 2 real accounts: standard and islamic account.
Also GDFS TRADE provides a demo account for practicing.
| Account Type | Minimum Deposit | Spread | commission | Maximum Leverage | Swap | Restrict |
| Standard | $0 | From 1.8 | free | 1:400 | No mention | anyone |
| Islamic | No mention | No mention | No mention | No mention | free | Only muslim |
GDFS TRADE Fees
GDFS TRADE offers a Standard account with $0 minimum deposit, spreads from 1.8 pips, free commissions. The Islamic account is swap-free and exclusive to Muslims.
| Fee Type | Standard Account | Islamic Account |
| Minimum Deposit | $0 | - |
| Spread | From 1.8 | - |
| Commission | Free | Free |
| Maximum Leverage | 1:400 | - |
| Swap | - | Free |
Trading Platform
Nexus uses MetaTrader4 as trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader4 | ✔ | iOS, android,windows | Anyone |
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