Abstract:GFI Securities, established in 1987 and based in the United States, offers different kinds of financial trading services, particularly in credit derivatives, fixed income, equities, and commodities. Despite its long-standing presence, the firm faces regulatory challenges, with suspected cloned licenses from both the FCA and NFA, casting doubts on its legitimacy. The company supports its operations with advanced electronic trading platforms like CreditMatch, ForexMatch, and EnergyMatch, and emphasizes a commitment to providing comprehensive market data and trading tools to facilitate client transactions.
GFI Securities | Basic Information |
Company Name | GFI Securities |
Founded | 1987 |
Headquarters | United States |
Regulations | Suspected cloned licenses from FCA and NFA |
Tradable Assets | Credit derivatives, fixed income, equities, commodities |
Trading Platforms | CreditMatch, ForexMatch, EnergyMatch, GFInet®, and others |
Customer Support | Comprehensive support via phone, email, and specific enquiries.General Contact: +1 212 968 4100, info@GFIgroup.com |
Trading Tools | Market data, real-time analytics, and trading protocols |
GFI Securities serves as a critical player in the global financial marketplace, providing specialized trading platforms that support various financial instruments. With a focus on electronic trading solutions, GFI Securities aims to offer efficient, transparent market access and execution across diverse sectors such as FX, credit derivatives, and commodities. However, the legitimacy of its regulatory status remains a concern.
GFI Securities claims to be regulated by the FCA in the United Kingdom and the NFA in the United States, with respective license numbers 184801 and 0287882. However, these claims are suspected to be fraudulent, as the licenses might be cloned. Therefore, potential traders should be vigilant and thoroughly verify the authenticity of these regulatory assertions to prevent any hazards that may arise from engaging with unregulated entities.
Rocket Global Forex presents itself as a modern trading platform accessible through mobile devices, offering a variety of tradable assets such as forex pairs and precious metals, coupled with features like zero pip spreads and no overnight fees. However, the platform is significantly marred by serious regulatory warnings: both the FCA and NFA licenses it claims to hold are suspected to be clones, casting considerable doubt on its legitimacy and the security of funds traded through it. This situation poses a high risk to potential traders.
Pros | Cons |
None | Regulatory status under scrutiny with suspected cloned licenses. |
Limited transparency in financial operations. | |
Insufficient educational resources and lack of bonus offerings. |
GFI Securities operates various marketplaces that cater to a broad range of trading needs across multiple asset classes. These include credit derivatives and fixed income, foreign exchange and financial derivatives, equities, as well as energy and commodities. This extensive selection allows counterparties to engage in diverse trading activities suited to their specific financial objectives.
Here is a comparison table of trading instruments offered by different brokers:
Broker | Forex | Commodities | Crypto | CFD | Indices | Stock | ETF |
GFI Securities | Yes | Yes | No | No | Yes | Yes | No |
RoboForex | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
IC Markets | Yes | Yes | Yes | Yes | Yes | Yes | No |
Exness | Yes | Yes | Yes | Yes | Yes | Yes | No |
GFI Securities provides a comprehensive suite of electronic trading platforms that cater to a diverse range of financial markets, including FX, credit, interest rate, and energy and commodity instruments. The platforms emphasize efficient and transparent execution with access to deep market liquidity. GFI employs various innovative trading protocols such as Continuous Mid-Point Matching, Request For Quote (RFQ), and Join the Trade (JTT), tailored to enhance liquidity and privacy across trades. These protocols are supported by GFI‘s robust technology solutions like CreditMatch, ForexMatch, and EnergyMatch, which integrate sophisticated trade execution functions with real-time market data and post-trade services. Additionally, GFI’s platforms facilitate a range of trading strategies, offering features such as periodic and continuous matching sessions, specialized execution services in interest rate derivatives, and strategies for maintaining delta-neutral portfolios. Through GFInet®, GFI also delivers real-time data, analytics, and direct market access, ensuring comprehensive support for professional trading activities.
GFI Securities provides comprehensive customer support from its New York office located at 55 Water Street, New York, NY 10041. The support services are segmented by specific trading areas and general inquiries:
- General Contact: +1 212 968 4100, info@GFIgroup.com
- Trading Enquiries:
- Fixed Income: +1 212 968 4162
- Energy & Commodities: +1 212 968 4100
- FX: +1 212 968 2827
- Interest Rates: +1 212 968 2759
- Equities: +1 212 968 4100
- Market Dat+1 212 968 2935
- Press Contact: Karen Laureano-Rikardsen, +1 212 829 4975
- Investor Relations: Jason McGruder, +1 212 829 4988
- FENICS Support: +1 212 968 2935, support@FENICS.com
- Gooch Capital Contact: +1 212 968 6648, goochcapitalfx@goochcapital.com
GFI Securities offers educational resources in the form of comprehensive market data. As an independent intermediary in specialized markets, GFI provides both buy-side and sell-side participants with access to difficult-to-find, real-time, and historical data, enhancing their trading decisions and market understanding.
User 1: “Been using GFI Securities for a while now, mainly for trading equities and commodities. Their trading platforms are top-notch, really user-friendly and the market data is always spot on, which helps a lot with my strategies. But, dude, the whole deal with their regulatory status being questionable? Thats a bit of a bummer. Makes you think twice, you know?”
User 2: “I got into GFI Securities because of their wide range of instruments; you can practically trade everything from forex to energy commodities. The analytical tools they offer are pretty solid, helping a lot with the decision-making process. However, I'm not gonna lie, the transparency issues are a real drag. It's kinda hard to fully trust a platform where you're not 100% sure about the legitimacy of their operations.”
GFI Securities offers a robust trading infrastructure characterized by a diverse array of instruments and cutting-edge trading technology. The firm's extensive support for various market activities is complemented by its provision of detailed market data and analytics. However, the questionable regulatory standing and potential risks associated with this uncertainty are significant concerns that potential clients must weigh carefully. The decision to engage with GFI Securities should be informed by diligent verification of its regulatory claims and consideration of the potential financial risks.
What trading instruments are available at GFI Securities?GFI Securities offers trading in credit derivatives, fixed income, equities, and commodities.
What platforms does GFI Securities use for trading?The firm utilizes several platforms, including CreditMatch, ForexMatch, and EnergyMatch, among others, to cater to different trading needs.
How can I contact GFI Securities for support?GFI Securities can be reached via their general contact number +1 212 968 4100 or via specific departments as listed for various trading queries.
What should I be cautious of when dealing with GFI Securities?Potential clients should be cautious about the firm's regulatory status, as there are concerns about the legitimacy of their licenses, which are suspected to be cloned.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.