GFA Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 14:46

Abstract：GFA Capital Markets LTD specializes in CFDs on forex and metals on its own trading platform. But it runs on a suspiciously cloned ASIC licence and isn't officially regulated. The company has several account levels and customer service available 24/7. Besides, a demo account is also available.

GFA Capital Markets LTD Review Summary
Founded	/
Registered Country/Region	Australia
Regulation	ASIC (suspicious clone)
Market Instruments	forex, metals
Demo Account	✅
Leverage	Up to 30:1 (major FX)
Spread	/
Trading Platform	GFA Trading Platform
Minimum Deposit	$100 (Mini Account)
Customer Support	Email: gfa.customer@gfacm.com.au
	Phone: +61 2 8599 8111 / 8112 / 8113
	Address: Suite 201, Level 2, 46 Market Street, Sydney NSW 2000

GFA Capital Markets LTD Information

　　GFA Capital Markets LTD specializes in CFDs on forex and metals on its own trading platform. But it runs on a suspiciously cloned ASIC licence and isn't officially regulated. The company has several account levels and customer service available 24/7. Besides, a demo account is also available.

Pros and Cons

Pros	Cons
Demo account available	Suspicious clone ASIC license
4 account types	Lack of transparency
24/7 customer service	No MT4/MT5 support
Various contact channels

Is GFA Capital Markets LTD Legit?

Regulatory Status	Suspicious Clone
Regulated By	Australia (ASIC)
License Type	Market Maker (MM)
Licensed Institution	GFA Capital Markets LTD
License Number	398104

What Can I Trade on GFA Capital Markets LTD?

　　GFA Capital offers CFDs on multiple asset types. Example instruments include:

Tradable Instruments	Supported
Forex	✔
Metals	✔
Indices	❌
Futures	❌
Cryptos	❌
ETFs	❌
Bonds	❌
Options	❌

Account Types

　　GFA offers four CFD account tiers with a minimum deposit of $100. Demo account is also available.

Type	Minimum Deposit	Lot Size (FX)
Mini Account	$100	0.01 lots
Standard Account	$2,000	0.1 lots
High Level	$30,000	0.5 lots
VIP Account	$300,000	1 lot

Leverage

　　Leverage ranges from 2:1 (crypto) to 30:1 (major forex pairs), following ASICs restrictions.

Instrument Type	Maximum Leverage
Major FX Pairs	30:1
Minor FX Pairs, Gold, Major Indices	20:1
Other Commodities, Minor Indices	10:1
Crypto Assets	2:1
Shares & Other Assets	5:1

GFA Capital Markets LTD Fees

　　GFA Capital Markets LTD requires initial margin from 1%, with overnight interest applied to all rolled-over positions.

Fee Item	Description
Overnight Interest	Applied daily on rollover positions, rate based on market conditions.
Margin Requirements (FX & Metals)	Initial: 1%
	Maintenance: 0.5%
	Cut-off: 0.1%

Trading Platform

　　GFA provides its own GFA Trading Platform, available on all major devices:

Trading Platform	Supported	Available Devices	Suitable For
GFA Trading Platform	✔	Windows, Mac, Web, iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders