Search

For more information about GFT Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

FCA Clone Firm

GFT Company

  

GFT Company: An In-Depth Overview

  

1. Company Overview

  

Founding Date and Background

  GFT Company, officially known as Global Futures Forex Ltd., was founded in 1997. Initially established to provide innovative foreign exchange solutions, GFT has evolved into a prominent player in the financial services industry, focusing on forex trading and technology-driven trading solutions.

  

Parent Company/Ownership Structure

  GFT operates as a subsidiary of Global Futures & Forex Ltd. This ownership structure enables GFT to leverage the resources and expertise of its parent company while maintaining a distinct brand identity in the forex trading sector.

  

Headquarters Location

  The headquarters of GFT is located in Grand Rapids, Michigan, USA. This strategic location positions the company within a key financial hub, allowing it to cater to a diverse clientele.

  

Global Business Scope

  GFT has established a global presence, serving clients in over 120 countries. The company offers a range of financial services, including forex trading, stock trading, and contract for difference (CFD) trading, catering to both retail and institutional clients.

  

Main Regulatory Bodies

  GFT is regulated by several key financial authorities, including:

  • National Futures Association (NFA)
  • Commodity Futures Trading Commission (CFTC)
  • Financial Services Agency (FSA) in Japan
  • Australian Securities and Investments Commission (ASIC)
  • Monetary Authority of Singapore (MAS)

  These regulatory affiliations ensure that GFT adheres to strict compliance standards, enhancing its credibility in the global financial market.

  

2. Company History and Development

  

Key Milestones

  Since its inception in 1997, GFT has achieved significant milestones, including:

  • 1999: GFT went public, marking a major step in its growth trajectory.
  • 2001: The establishment of GFT UK in London, expanding its footprint in Europe.
  • 2010: GFT detached from its software division to focus more on IT services and staffing solutions.
  • 2014: Acquired UK-based Rule Financial, enhancing its investment banking services.

  

Business Expansion Journey

  GFT's expansion strategy has included acquisitions and establishing offices in key financial markets, such as:

  • 2017: GFT opened offices in Singapore and Hong Kong, aiming to tap into the Asia-Pacific market.
  • 2018: The acquisition of Canadian IT specialist V-Neo, strengthening its market position in North America.

  

Customer Base Growth

  Over the years, GFT has built a loyal customer base, leveraging its innovative trading solutions and exceptional customer service. As of 2024, GFT boasts a client base of over 12,000 individuals and institutions globally.

  

Platform Development History

  GFT has invested heavily in technology, leading to the development of its proprietary trading platform, DealBook, and the integration of MetaTrader 4 (MT4). These platforms are designed to provide users with advanced trading tools and superior market access.

  

Important Awards or Recognitions Received

  GFT has been recognized with multiple awards for its contributions to the forex industry, including accolades for technology innovation and customer service excellence. Such recognitions reinforce GFT's reputation as a leader in the forex trading space.

  

3. Trading Services Offered

  

Forex Trading Options

  GFT offers an extensive array of forex trading options, featuring over 50 currency pairs. This includes major, minor, and exotic pairs, providing traders with ample choices to diversify their trading strategies.

  

Stock Trading Options

  In addition to forex, GFT provides access to stock trading, allowing clients to trade shares of publicly listed companies across various exchanges.

  

CFD Trading Products

  GFT offers a range of CFD trading products, enabling clients to speculate on price movements of various assets without owning the underlying asset. This includes:

  • Indices
  • Commodities
  • Cryptocurrencies

  

Other Financial Instruments

  GFT's trading platform supports various financial instruments, including:

  • Precious metals (e.g., gold, silver)
  • Oil and gas
  • Binaries and spread betting options

  

Special Services or Unique Advantages

  GFT distinguishes itself through features such as:

  • Automated Trading: Clients can utilize automated trading systems to enhance their trading efficiency.
  • Comprehensive Educational Resources: GFT provides clients with educational materials and tools to improve their trading knowledge and skills.

  

  

Detailed Regulatory Information

  GFT is regulated by several prominent financial authorities, ensuring compliance with industry standards:

  • NFA (US)
  • CFTC (US)
  • FSA (Japan)
  • ASIC (Australia)
  • MAS (Singapore)
  • DGCX (Dubai)

  This multi-regulatory framework enhances client trust and ensures robust oversight of GFT's operations.

  

  GFT operates under different legal entities based on regional regulations, ensuring compliance with local laws and regulations in each market it serves.

  

Client Fund Protection Measures

  GFT prioritizes client fund protection by maintaining segregated accounts, ensuring that client funds are kept separate from operational funds. This measure enhances security and instills confidence among clients.

  

Countries/Regions Served

  GFT serves clients globally, with a strong presence in North America, Europe, Asia, and Australia. This extensive reach allows GFT to cater to a diverse clientele with varying trading needs.

  

Compliance History

  GFT has maintained a strong compliance record, adhering to the regulatory requirements set forth by the aforementioned authorities. This commitment to compliance enhances its reputation as a trustworthy forex broker.

  

5. Competitive Landscape

  

3-5 Main Competitors

  GFT faces competition from several key players in the forex trading industry, including:

  • Forex.com
  • OANDA
  • IG Group
  • Interactive Brokers

  

Positioning in the Industry

  GFT positions itself as a technology-driven forex broker offering a comprehensive suite of trading services. Its focus on innovation and customer service sets it apart from traditional brokers.

  

Market Differentiation Factors

  GFT differentiates itself through:

  • Advanced Trading Platforms: The integration of MT4 and proprietary platforms provides users with superior trading capabilities.
  • Global Regulatory Compliance: GFTs multi-regulatory status enhances its credibility and trustworthiness in the market.
  • Educational Resources: GFT offers extensive educational materials, empowering traders to make informed decisions.

  

Conclusion

  GFT Company has established itself as a significant player in the forex trading industry, known for its innovative solutions, regulatory compliance, and commitment to customer service. With a global presence and a diverse range of trading options, GFT continues to adapt and evolve in the ever-changing financial landscape.

  Back to Top

  For more information on GFT's offerings and services, learn more here.