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GFS Trading Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-11 17:36

Abstract:GFS Trading is a brokerage firm registered in the United States that only offers low commission Forex pair trading. Although its official website is publicly accessible, there is very limited information about the transaction. In addition, the broker is not regulated by any legal authority.

GFS Trading Review Summary
Founded1-2 years
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex pairs
Spreadfrom 1.5
Trading PlatformMT4
Min Deposit$100
Customer SupportEmail: Account@GFS-Trading.comTelephone number: +1 (254) 587-2548+1 (548) 215-3658

GFS Trading Information

  GFS Trading is a brokerage firm registered in the United States that only offers low commission Forex pair trading. Although its official website is publicly accessible, there is very limited information about the transaction. In addition, the broker is not regulated by any legal authority.

GFS Trading Information

Pros and Cons

Pros Cons
MT4 Trading PlatformLack of Regulatory Oversight
Account SegregationLimited Trading Choices
24/5 SupportNo Demo Accounts
Limited Trading Information on website
High Spreads

Is GFS Trading Legit?

  GFS Trading is currently unregulated.

What Can I Trade on GFS Trading?

  GFS Trading offers traders the opportunity to trade forex pairs.

Tradable Instruments Supported
Forex pairs✔
Stocks❌
Currencies❌
Crypto currencies❌
Indices❌
Bonds❌
Binary Options❌
Mutual Funds❌
Futures❌
What Can I Trade on GFS Trading?

Account Types

  GFS Trading offers three types of live account options:

  Mini accounts (minimum deposit of $100) with a commission of $5 per round trip and a spread starting at 3 pips;

  Standard accounts (minimum deposit of $2,500) with a commission of $3 per round trip and a spread starting at 2 pips;

  VIP accounts (minimum deposit $20,000) with zero commission, spread from 1.5 pips.

Account Types

GFS Trading Fees

  Mini account commission is $5, standard account commission is $3 and VIP account commission is zero.

  Mini account spreads start at 3 points, standard accounts start at 2 points, and VIP accounts start at 1.5 points.

Trading Platform

  MT4 is chosen by GFS Trading to serve clients of different preferences.

Trading Platform
Trading PlatformSupported Available Devices Suitable for
MT4✔Windows, MAC, IOS, AndroidInvestors of all experience levels

  

Related broker

No Regulation
GFS Trading
Company name:GFS Trading
Score
1.25
Website:https://gfs-trading.com
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.25

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