Score

1.19 /10
Danger

GFT

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.54

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
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

GFT

Company Abbreviation

GFT

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    GFT · Company summary

    Anonymous Origination

    Given that we have no information about the origins of the GFT trading platform, and the fact that it has only been operating for less than a year, it is evident that this is likely a fleeting, ephemeral trading platform with little to no industry reputation. The short operating history makes it challenging for such a platform to have established a credible reputation within the industry. Therefore, it can be reasonably inferred that this is simply a temporary, here-today-gone-tomorrow type of trading platform with no long-term sustainability.

    Anonymous Origination

    Shaddy Operation without Regulation

    WikiFX has given a relatively low score of only 1.02 out of 10 to this broker. This suggests that GPT does not possess the necessary credentials, financial stability, or operational transparency that one would expect from a reliable and trustworthy trading platform.

    Shaddy Operation with Regulation

    Invalid Official Website

    OTA Market's official website at https://gftplat.com/ is currently non-functional. When attempting to access this URL, the page fails to load properly, and ultimately results in a connection failure message.

    Conclusion

    Overall, GPT is an unregulated broker with a low score. Traders should exercise extreme caution when dealing with this broker. To learn more about the regulatory status and operational details of other brokers, please visit the WikiFX website.

    User Reviews

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    User comment

    6

    Comments

    Write a review

    Antoine G
    more than one year
    Still remembered, I had a question about margin requirements, one quick chat with their support team and everything was crystal clear. Super friendly and helpful.
    Still remembered, I had a question about margin requirements, one quick chat with their support team and everything was crystal clear. Super friendly and helpful.
    Translate to English
    2024-07-10 17:33
    Reply
    0
    0
    FX1684593876
    more than one year
    I received awesome service from the agent, shame he was so patient and helpful, had extensive knowledge and was quick to respond, thank you so much.
    I received awesome service from the agent, shame he was so patient and helpful, had extensive knowledge and was quick to respond, thank you so much.
    Translate to English
    2024-05-31 18:47
    Reply
    0
    0
    9