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No Regulation
Score
1.16 /10
Danger
GFS Trading
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Website
Score
Regulatory Index0.00
Business Index4.31
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| GFS Trading Review Summary | |
| Founded | 1-2 years |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Forex pairs |
| Spread | from 1.5 |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Email: Account@GFS-Trading.comTelephone number: +1 (254) 587-2548+1 (548) 215-3658 |
GFS Trading Information
GFS Trading is a brokerage firm registered in the United States that only offers low commission Forex pair trading. Although its official website is publicly accessible, there is very limited information about the transaction. In addition, the broker is not regulated by any legal authority.
Pros and Cons
| Pros | Cons |
| MT4 Trading Platform | Lack of Regulatory Oversight |
| Account Segregation | Limited Trading Choices |
| 24/5 Support | No Demo Accounts |
| Limited Trading Information on website | |
| High Spreads |
Is GFS Trading Legit?
GFS Trading is currently unregulated.
What Can I Trade on GFS Trading?
GFS Trading offers traders the opportunity to trade forex pairs.
| Tradable Instruments | Supported |
| Forex pairs | ✔ |
| Stocks | ❌ |
| Currencies | ❌ |
| Crypto currencies | ❌ |
| Indices | ❌ |
| Bonds | ❌ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
GFS Trading offers three types of live account options:
Mini accounts (minimum deposit of $100) with a commission of $5 per round trip and a spread starting at 3 pips;
Standard accounts (minimum deposit of $2,500) with a commission of $3 per round trip and a spread starting at 2 pips;
VIP accounts (minimum deposit $20,000) with zero commission, spread from 1.5 pips.
GFS Trading Fees
Mini account commission is $5, standard account commission is $3 and VIP account commission is zero.
Mini account spreads start at 3 points, standard accounts start at 2 points, and VIP accounts start at 1.5 points.
Trading Platform
MT4 is chosen by GFS Trading to serve clients of different preferences.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
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