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GFS Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.gfxschina..., the company's legitimate regulatory information to enhance the security of the company's address

GFS Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
Global Forex Service
Abbreviation
GFS
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information & Regulation Founded in 2009, GFS (Global Forex Service) is a forex broker which is an offshore company registered in St. Vincent and the Grenadine. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Markets Instruments GFS offers trading in Forex currency pairs, CFD on Metals, CFD on Indexes, CFD on Commodities, CFD on Energies, CFD on stocks, CFD on crypto currencies. Minimum Deposit There is a $2000 minimum for regular accounts and $300 minimum for mini accounts. Leverage In terms of trading leverage, GFS offers the generous leverage, reaching up to 1:1000. Leverage can amplify gains as well as losses, it is not a good option for traders to trade with an unregulated broker using such high leverage. Spreads & Commissions GFS offers spreads as low as 2 pips, and both demo and live accounts to trade currency online. You are able to request either a USD $100K demo, or a USD Mini demo account to try out both types of online Forex trading. Trading Platform Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. GFS offers you MetaTrader 4, which is to our surprise. Deposit& Withdrawal GFS provides payment with Credit/debit cards, Local bank transfer and UnionPay, Fasapay, Neteller, and WebMoney. Customer Support Some key features and benefits to Global Forex is their constant available customer service, 24 hours a day, 7 days a week, even when the forex market is closed.

Is GFS safe or scam

Rating Index

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Latest Reviews

FX4589300063

FX4589300063

Hong Kong

GFS is a white-label forex platform profiting from clients’ losses. It cause the clients to lose money mainly by the following ways. First, it modifies the clients’ passwords via the back-end server and privately made reverse orders. Or it would creates chuck or others to cause losses. It also colluded with the trader team to make reverse orders and so on to cause great losses.

Exposure

2019-01-07

FX4589300063

FX4589300063

Hong Kong

GFS deliberately made their server crash and manipulated the market to make their clients lose. It’s a white-label dealing-desk scam platform.

Exposure

2019-01-07

FX5249360871

FX5249360871

Hong Kong

I have applied for withdrawing money from GFS about one month ago, but the application is still under verification. It just doesn’t allow you to withdraw money.

Exposure

2018-12-27

GFS Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.67, Software Index 4.00 Risk Control Index 0.00.