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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

GFtrade

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://gftrades.com/

Website

Rating Index

Contact

https://gftrades.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
GFtrade Inc
Email
helpdesk@gftrades.com
Company Website
Verified Site
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Official Website

Verified Site

  • gftrades.com
    45.77.44.203
    Server Location
    Singapore Singapore
    ICP Registration No.
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GFtrade

Related Companies

GFTRADE INC. LIMITED(United Kingdom)
United Kingdom
GFTRADE INC. LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 10319849
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Basic Information & Regulation

GF Trade is an offshore forex and CFD broker and is not currently subject to any effective regulation.

Safety Analysis of GF Trade

GF Trade is currently an unregulated broker, which means that investors' trading activities and funds are not effectively protected on the GF Trade platform compared to those regulated by the FCA in the UK and ASIC in Australia. Therefore, investors should be careful to stay away from this GF Trade forex dealer.

Market Instruments

GF Trade offers traders access to popular currency pairs, 11 indices CFDs, oil, gas, gold, silver, and stocks.

Accounts & Leverage of GF Trade

GF Trade offers investors three different types of trading accounts: Mini (minimum deposit of $10), Standard (minimum deposit of $100), and Premium (minimum deposit of $500). The maximum trading leverage for all three types of accounts is 1:500.

Spreads & Commissions

Spreads on the GF Trade platform are floating, starting from 2 pips for Mini accounts, 1.6 pips for Standard accounts, and 0.9 pips for Premium accounts.

Trading Platforms Available of GF Trade

GF Trade offers traders the popular MT4 trading platform, which contains 50 built-in market indicators and the option to run automated trading with custom trading robots or EAs, as well as a user-friendly MT4 interface and excellent charting tools to help traders trade easily.

Deposit and Withdrawal

GF Trade supports traders to withdraw and deposit funds to their accounts via Visa, MasterCard, NETELLER, Skrill, FasaPay, WebMoney, China UnionPay, Alipay, Wire Transfer, etc.

Pros & Cons of GF Trade

The main advantages of GF Trade are:

1. A larger variety of trading assets

2. Three types of accounts to choose from

3. Low minimum deposit requirements for accounts

4. MT4 trading platform

5. Multiple deposits and withdrawal methods

The main disadvantages of GF Trade:

1. Not subject to any regulation

2. Unusual withdrawals conditions


Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is GFtrade a legitimate trading platform?

GFtrade is an unregulated forex and CFD broker operating from Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex brokers. Its business scope has been flagged as suspicious, and it holds no valid financial licenses. The firm's WikiFX score of 1.58 reflects a high-risk profile, indicating a severe lack of investor protections such as segregated funds or compensation schemes typically found with regulated entities.

04-02
United States

Is GFtrade regulated?

No, GFtrade is not regulated by any authoritative financial authority. It is registered in Saint Vincent and the Grenadines, which does not issue specific forex trading licenses or provide regulatory oversight for such activities. The firm operates entirely outside of mainstream financial supervision.

04-02
United States

What is the full company name of GFtrade?

The broker operates under the full company name GFtrade Inc.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

In a week

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

In a week

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

In a week

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

In a week
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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