GFS-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Founded in 2009, GFS (Global Forex Service) is a forex broker which is an offshore company registered in St. Vincent and the Grenadine. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations.

Markets Instruments

GFS offers trading in Forex currency pairs, CFD on Metals, CFD on Indexes, CFD on Commodities, CFD on Energies, CFD on stocks, CFD on crypto currencies.

Minimum Deposit

There is a $2000 minimum for regular accounts and $300 minimum for mini accounts.

Leverage

In terms of trading leverage, GFS offers the generous leverage, reaching up to 1:1000. Leverage can amplify gains as well as losses, it is not a good option for traders to trade with an unregulated broker using such high leverage.

Spreads & Commissions

GFS offers spreads as low as 2 pips, and both demo and live accounts to trade currency online. You are able to request either a USD $100K demo, or a USD Mini demo account to try out both types of online Forex trading.

Trading Platform

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. GFS offers you MetaTrader 4, which is to our surprise.

Deposit& Withdrawal

GFS provides payment with Credit/debit cards, Local bank transfer and UnionPay, Fasapay, Neteller, and WebMoney.

Customer Support

Some key features and benefits to Global Forex is their constant available customer service, 24 hours a day, 7 days a week, even when the forex market is closed.