GFT Forex Broker Review

GFT Forex or Global Features & Forex Ltd was founded way back in the year 1997 but they started their internet based online trading service in the year 2010. They have their offices in 6 countries which include Australia, United States, United Kingdom, Japan, United Arab Emirates and Singapore and hence the traders in these countries can easily reach them. They offer some interest rates on the fund and also provide free education in the form of tutorials and webinars which make traders all the more skilled in trading. Islamic account is also available for all the Muslim traders who follow Islamic laws on trading. Other than these they also offer trailing stops, pending orders, one click trading, mobile trading and automated trading. Their payment option includes even PayPal along with credit cards, debit cards and wire transfers. They allow their traders to have 8 currencies in their accounts. The most interesting feature of the company is that they allow about 120 currency pairs to trade in and it includes all the major pairs and a few exotic pairs as well.

The company is well regulated and is registered with ASIC in Australia, CFTC/NFA in USA, FSA in Japan and United Kingdom. It is the first thing that a trader looks for when he is searching for a brokerage company. However, they do not allow traders from United States to trade from their account. Their website though very informative is available only in English. Their customer support service is available in 7 languages and can be reached using email, phone, web form and live chat. They offer four types of accounts which include Bronze, Gold, Silver and Platinum and the minimum deposit required to open an account with them is $2500. The demo account has Deal Book 360 as the trading platform whereas for real trading it even offers Meta Trader 4.

The reviews have become the best mode of finding about a company and its performance in the market. The users freely post their views on the quality of service provided by the broker. The reviews on GFT Forex is very positive and the most liked feature is that it offers around 120 currency pairs as the trading pairs and it includes all the major and a few exotic pairs as well. The account currencies allowed in the accounts are AUD, Canadian Dollar, Euro, GBP, JPY, Polish Zolty, Swiss Franc and USD. Their demo platform Deal Book 360 is excellent, however, for real account they also offer Meta Trader 4 which is the most commonly used platform in the market. Some of the cons mentioned in the reviews is that the number of payment options are very limited and also the minimum deposit required to open an account with them is $2500. This is very high when compared to many competitions who offer trading account for as low as $1. However, the overall review is very positive and the average rating given to the company by its users is 5.6 out of 10.

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