GFT Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this GFT Forex Review.
GFT Review
Headquarters: 4760 East Fulton Road, Suite 201, Ada, MI 49301 USA
Country: United States
Branches:
GFT UK, GFT Australia
GFT Standart Account:
minimum deposit: $200
max leverage: 1:400
GFT Premium Account:
minimum deposit: $2,500
max leverage: 1:400
Spread:
Variable, from 1 pip
Deposit/Withdraw
Bank Wire, Credit card, PayPal, Check, eCheck
Platform:
Custom trading platform, Web platform
GFT is listed as White Label partner on the Currenex website.
Regulated by:
CFTC, NFA (US), FSA (Japan), NFA ID: 0279553
What we think about GFT Forex
GFT is a global forex broker that recently took the decision to withdraw from the Japanese and U.S. retails forex market, and is now operating out of Singapore, London and Sydney.
The one thing that you will notice when you go to the broker’s website is that it is pretty scarce in terms of information – the home page won’t tell you even basic things such as what’s the maximum leverage offered. The customer support won’t be of any help either – they are rude and dance around questions in vain hope they won’t have to answer.
The platforms that you will find at GFT are Metatrader 4 (MT4) and its own DealBook 360. The latter comes equipped with 85 technical indicators and a number of order types, including Signle-click orders, Parent & Contingent orders, and automated Trailing Stop. Trading straight from the charts is possible.
The broker offers a few analysis tools: Autochartist helps you identify chart patterns fast and easy; Foresight-A.I. forecasts market movements; and DiNapoli D-Levels combines leading and lagging indicators to help you determine your entries and exits. GFT has thought of the beginners as well – for them, there are webinars, free trading guides and video tutorials.
If you sign up with GFT UK, you can take advantage of a Refer-a-Friend program of the broker, getting £50 for every friend you bring (you can get up to five such bonuses, terms and conditions applicable).
Traders looking to diversify their portfolios can also try the broker’s binary options offering.
Instead of the forex broker you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.
GFT Review Conclusion
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