Score

1.41 /10
Danger

GF Markets

Saint Lucia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.22

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

Broker Information

More

Company Name

GF Markets Ltd

Company Abbreviation

GF Markets

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
GF Markets · Company summary

Note: GF Markets's official website: is currently inaccessible normally.

GF Markets Review Summary
Founded2-5 years
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsForex Pairs, Indices, Commodities, Stocks, and Cryptocurrencies
Demo Account/
LeverageUp to 1:200
SpreadFloating Spreads
Trading PlatformMT5
Min Deposit$250
Customer SupportEmail: info@gfmarketsllc.com
Registered Company Address: First Floor, First St Vincent Bank Ltd Building James Street Kingstown St. Vincent and the Grenadines

GF MarketsInformation

GF Markets is a brokerage firm founded 2-5 years ago and registered in Saint Lucia. It offers five types of trading assets and four account options with no commission charges. However, it operates with high leverage (up to 1:200) and is unregulated, with a minimum deposit requirement of $250.

Pros and Cons

ProsCons
Offers five types of trading assetsLeverage up to 1:200
Provides four types of account optionsUnregulated
No commission chargesMinimum deposit of $250

Is GF MarketsLegit?

GF Markets is not regulated by any known regulatory authorities. Its domain gfmarkets.com is registered by Gname.com Pte. Ltd., with the registration date of June 10, 2012, and the registration valid until June 10, 2025.

Is GF MarketsLegit?
Is GF MarketsLegit?

What Can I Trade on GF Markets?

GF Markets offers five types of trading assets: Forex Pairs, Indices, Commodities, Stocks, and Cryptocurrencies.

Tradable InstrumentsSupported
Forex pairs
Indices
Commodities
Stocks
Cryptocurrencies

Account Type

GF Markets offers four types of accounts: Standard, Gold, Platinum, and VIP accounts.

Account TypeMinimum Deposit
Standard Account$250
Gold Account$10,000
Platinum Account$50,000
VIP Account$100,000

Leverage

GF Markets allows traders to use leverage of up to 1:200.

GF Markets Fees

The broker offers floating spreads and does not charge any additional commissions.

Trading Platform

GF Markets offers MT5 trading platform that can be available for Desktop, Mobile and Web terminals.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows & macOS)Experienced Trader

Deposit and Withdrawal

GF Markets allows its clients to make deposits and withdrawals through five payment methods, including Credit Cards, Cryptos, E-wallets, Local Banks, and Wire Transfers. The minimum deposit amount is $10 for credit card deposits and $250 for wire transfers. However, this broker charges relatively high fees for deposits and withdrawals.

  • Credit Cards: Fees up to 9%
  • Cryptocurrency: Fees up to 1.5%
  • Skrill & Neteller: Fees up to 3.9%
  • Perfect Money: Fees up to 0.5%
  • Local Transfers: Fees up to 3.5%
  • Wire Transfer: Fees up to 1.5%

User Reviews

More

User comment

3

Comments

Write a review

FX1296817054
more than one year
GF Markets works well and it’s great for my trading activities. I can trade multiple commodities in one place. The most notable feature is their speed execution of orders. Guys, you can check it out on your own.
GF Markets works well and it’s great for my trading activities. I can trade multiple commodities in one place. The most notable feature is their speed execution of orders. Guys, you can check it out on your own.
Translate to English
2023-02-28 17:37
Reply
0
0
foohew
more than one year
I have been trading for several years now and also used GF Markets for quite some time and never had any issues. Deposits and withdrawals are always reliable and quick.
I have been trading for several years now and also used GF Markets for quite some time and never had any issues. Deposits and withdrawals are always reliable and quick.
Translate to English
2022-12-13 12:30
Reply
0
0
1