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GFT foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://goldfxtrading.com/registration.php, about the company's legal and temporary regulatory information, the company's address .

GFT Forex Broker

No Regulation
GFT

Rating Index

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Company profile

Note: GFT is to operate via the website - https://web.goldfxtrading.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning The claimed United Kingdom FCA regulation (license number: 438879) is verified as a clone firm. Please pay attention to the risk! Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation GFT, a trading name of GoldFxTrading, is allegedly a forex and CFD broker registered in the United Kingdom, claiming to provide its clients with various tradable financial instruments with leverage up to 1:1000 and floating spreads from 0.2 pips on the MT4 trading platform via three different live account types. Here is the home page of this brokers official site: As for regulation, it has been verified that GFT holds a cloned Financial Conduct Authority (FCA) license. That is why its regulatory status on WikiFX is listed as “CLONE” and receives a relatively low score of 1.89/10. Please be aware of the risk. Market Instruments GFT advertises that it offers its customers online trading of currencies, commodities and major stocks via CFDs. Account Types Apart from demo accounts, GFT claims to offer three types of live trading accounts - Basic, Professional and Extended, with minimum initial deposit requirements of €500, €5,000 and €20,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. Leverage The leverage provided by GFT is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads The EUR/USD spread provided by GFT varies from 0.2 to 1.8 pips. Trading Platform Available The platform available for trading at GFT is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal GFT accepts payments with credit/debit cards like VISA and MasterCard, as well as bank wire. The minimum initial deposit requirement is said to be €500. There is no deposit fee charged. Customer Support GFTs customer support can be reached by telephone: +44208144 0609 +390550107790, email: info@goldfxtrading.com. Company address: 1st Floor, First St.Vincent Bank Ltd Bldg, James st, PO. Box 1574, Kingstown, St.Vincent and The Grenadines. Pros & Cons
How to login to GFT?

GFT Similar Brokers

Pros
Wide range of trading platforms available, including MetaTrader 4 and Dealbook 360, offering various tools and features for traders.
Regulated by multiple authorities, including the FCA and ASIC, providing a level of security and oversight for clients.
Comprehensive educational resources, including webinars and market analysis, to support traders in improving their skills and knowledge.
Cons
Reports of poor customer support, with some users experiencing rude and unhelpful service when seeking assistance.
Issues with trade execution, including frequent requotes and delays, which can hinder trading efficiency and profitability.
Concerns about the legitimacy of the broker, with negative reviews and suspicions of fraudulent practices affecting its reputation.

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
GoldFxTrading
Abbreviation
GFT
Company employee
--
Customer Service Email Address
info@goldfxtrading.com
Contact Number
+442081444520
How to login to GFT?
gft Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a gft Account Registering for a gft account is the first step in accessing the platform's features. Below is a detailed guide to help you through the registration process. Step 1: Accessing the Registration Page To begin the gft registration process, navigate to the official gft website. Look for a prominent "Sign Up" or "Register" button, usually located in the upper right corner of the homepage. Click on this button to be directed to the registration form. Step 2: Filling in Required Information Once on the registration page, you will need to fill in personal details, including your name, email address, phone number, and desired password. Ensure that the email address you provide is valid, as it will be used for verification. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the verification link in the email or enter the code sent to your phone. This step is crucial to confirm your identity and ensure the security of your account. Step 4: Identity Verification (if required) Depending on your region, gft may require additional identity verification. This could involve uploading a government-issued ID or proof of address. Follow the instructions provided to complete this step. Step 5: Registration Confirmation Upon successful verification, you will receive a confirmation message indicating that your gft registration was successful. You may now proceed to log in to your account. Common Registration Issues and Solutions Issue: Not receiving the verification email. Solution: Check your spam or junk folder. If its not there, try resending the verification email from the registration page. Issue: Problems with identity verification. Solution: Ensure that the documents you upload are clear and meet the requirements specified by gft. If issues persist, contact customer support. Regional Differences in Registration Registration requirements may vary based on your location. For instance, users from certain countries might face stricter identity verification processes or additional documentation requirements. Always check the gft website for region-specific guidelines. Part Two: gft Account Opening Detailed Guide Understanding the Differences Between Registration and Account Opening While registration involves creating your account, the gft account opening process allows you to access trading features by selecting an account type and funding it. This section will guide you through the opening process after your registration is complete. Preparation Work Before Account Opening Before opening your gft account, ensure you have the necessary documents ready for verification, such as identification and proof of address. Familiarize yourself with the different account types offered by gft to choose the one that best suits your trading needs. Detailed Account Opening Steps Step 1: Selecting Account Type Once registered, log in to your gft account and navigate to the account opening section. Select the type of account you wish to open. gft typically offers various options, including standard, mini, and demo accounts. Step 2: Submitting Required Documents During the account opening process, you may be prompted to submit documents for verification. This may include a government-issued ID, proof of residence, and any additional documents required based on your chosen account type. Step 3: Account Review Process After submitting your documents, gft will review your application. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications and the thoroughness of your submitted documents. Step 4: Account Activation Once your application is approved, you will receive an email confirming your account activation. You can now fund your account and begin trading. Step 5: Initial Setup Log in to your newly opened account and set up your trading preferences. This may include selecting your trading platform, setting up alerts, and customizing your dashboard. Frequently Asked Questions About Account Opening Q: How long does the account opening process take? A: Typically, it takes a few hours to a couple of days for gft to process your application, depending on the completeness of your documents. Q: Can I open multiple accounts? A: Yes, gft allows users to open multiple accounts, but you must go through the registration and account opening steps for each account. Next Steps After Opening an Account After successfully opening your gft account, consider exploring the educational resources offered by gft to enhance your trading skills. You may also want to practice on a demo account before trading with real money. Part Three: gft Login Process Explained Basic Web Login Process Logging into your gft account is straightforward. Follow these steps to access your account: Step 1: Access the Login Page Visit the gft website and locate the "Login" button, typically found at the top right corner of the homepage. Click on it to proceed to the login page. Step 2: Enter Your Credentials Input your registered email address and password in the respective fields. Ensure that your password is entered correctly, paying attention to case sensitivity. Step 3: Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, you will receive a code on your registered mobile device. Enter this code in the provided field to complete the login process. Step 4: Click on Login After entering your credentials and any required verification codes, click the "Login" button. You should be redirected to your account dashboard. Step 5: Troubleshooting Login Issues If you encounter any issues during login, follow the troubleshooting steps provided on the login page. Mobile App Login Process If you prefer using a mobile device, download the gft trading app from your devices app store. The login process is similar to the web version: Open the app. Enter your login credentials. Complete any two-factor authentication if applicable. Common Login Issues and Solutions Forgotten Password: Use the "Forgot Password?" link on the login page to reset your password. Follow the instructions sent to your registered email. Account Lockout: If you exceed the allowed number of login attempts, your account may be temporarily locked. Wait for a specified time before trying again, or contact support for assistance. Technical Issues: Ensure you have a stable internet connection. If problems persist, clear your browsers cache or try logging in from a different browser or device. Overview of Features After Login Once logged in, you will have access to various features, including your account balance, trading history, market analysis tools, and educational resources. Take time to familiarize yourself with the dashboard to optimize your trading experience. Additional Sections Account Security Recommendations To ensure the safety of your gft account, enable two-factor authentication, use a strong and unique password, and regularly update your credentials. Be cautious of phishing attempts and always log in from secure devices. Best Practices for Account Management Regularly monitor your account activity, set trading limits, and utilize demo accounts to practice strategies without risk. Stay informed about market trends and gft updates to make informed trading decisions. How to Get Technical Support For any technical issues or inquiries, gft offers customer support through various channels, including live chat, email support, and a dedicated phone line. Always check the official gft website for the most current contact information. This comprehensive guide should equip you with the necessary knowledge to navigate the gft registration, account opening, and login processes effectively. Always refer to the official gft website for the most accurate and up-to-date information.

GFT Forex Broker - Complete Information Guide

1. Broker Overview

GFT, officially known as Global Forex Trading, was founded in 1997 and is headquartered in Ada, Michigan, USA. Initially a private entity, GFT has evolved into a well-known name in the forex trading industry, primarily serving retail and institutional clients.

Over the years, GFT has established itself as a significant player in the forex market, with a focus on providing advanced trading platforms and tools to its customers. Notable milestones in GFT's history include the launch of its proprietary trading platform, DealBook 360, which has garnered praise for its user-friendly interface and comprehensive charting capabilities. In 2015, GFT was acquired by Gain Capital, the parent company of Forex.com, which allowed it to expand its reach and service offerings.

GFT operates primarily in the retail forex market, providing services to individual traders looking to engage in currency trading. It also caters to institutional clients, offering various financial solutions tailored to their needs. The business model includes retail forex trading, spread betting, and contract for differences (CFDs), which positions GFT as a versatile broker in the financial services landscape.

2. Regulatory and Compliance Information

GFT is regulated by several key authorities, ensuring that it adheres to strict industry standards. The primary regulatory bodies include:

  • Commodity Futures Trading Commission (CFTC) - License number: 0339826
  • National Futures Association (NFA) - NFA ID: 0279553
  • Financial Conduct Authority (FCA) in the UK - License number: 190864

The licenses held by GFT remain valid and cover a range of services offered to clients. The broker has transitioned its U.S.-based clients to Forex.com, following its decision to cease operations in the U.S. retail forex market as of December 2012.

GFT maintains a robust client fund segregation policy, ensuring that client deposits are held separately from the company's operational funds. This practice enhances the security of client investments. Additionally, GFT participates in investor compensation schemes, providing further protection to its clients.

To comply with regulatory requirements, GFT implements rigorous Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols are designed to prevent financial crimes and ensure that the broker operates within the legal frameworks set forth by regulatory authorities.

3. Trading Products and Services

GFT offers a diverse range of trading products, catering to various trading styles and preferences. The broker provides access to over 60 currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY. In addition to forex trading, GFT offers CFDs on indices, commodities, and stocks, allowing traders to diversify their portfolios.

The broker frequently updates its product offerings, ensuring that clients have access to the latest financial instruments. GFT also provides retail trading services, with a focus on individual traders seeking to engage in the forex market. For institutional clients, GFT offers tailored solutions, including white-label services and asset management options.

GFT's unique trading features include the ability to trade binary options, which adds another layer of flexibility for traders looking to capitalize on market movements. The broker's commitment to providing a comprehensive trading experience is evident in its diverse product lineup.

4. Trading Platforms and Technology

GFT supports the widely-used MetaTrader 4 (MT4) platform, which is favored by many traders for its advanced charting capabilities and automated trading options. In addition to MT4, GFT has developed its proprietary platform, DealBook 360, which offers a customizable trading environment with a range of technical analysis tools.

The broker also provides a web-based trading platform, allowing clients to trade from any device with internet access. For traders on the go, GFT offers mobile applications compatible with both iOS and Android devices, ensuring that users can manage their accounts and execute trades anytime, anywhere.

GFT operates under a market-making execution model, which allows for quick trade execution. The broker's servers are strategically located to minimize latency and enhance trading performance. For more advanced traders, GFT offers API access, enabling automated trading and integration with third-party trading systems.

5. Account Types and Trading Conditions

GFT offers several account types to cater to different trading needs:

  • Standard Account: Minimum deposit of $250, with spreads starting at 1.6 pips and a maximum leverage of 1:50.
  • Silver Account: Requires a minimum deposit of $10,000, with similar trading conditions to the standard account.
  • Gold Account: Minimum deposit of $50,000, providing enhanced trading conditions.
  • Platinum Account: Designed for high-net-worth individuals, requiring a minimum deposit of $250,000.

GFT also offers a demo account for traders to practice their strategies without risking real capital. The leverage options vary based on the account type and trading instrument, with a maximum leverage of 1:50 for forex trading.

Traders should be aware of the rollover fees applicable to positions held overnight, which are not explicitly stated on the broker's website but are common in the industry.

6. Fund Management

GFT supports various deposit methods, including bank wire transfers, credit/debit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account starting at $250.

Deposit processing times are typically swift, with funds usually credited to accounts within a few business days. While GFT does not charge deposit fees, clients should verify any potential fees from their payment providers.

Withdrawal options are similar to deposit methods, with clients able to withdraw funds through bank transfers and credit cards. The processing time for withdrawals generally takes a few business days, depending on the method used. GFT has a transparent fee structure for withdrawals, although specific fees may apply based on the chosen method.

7. Customer Support and Educational Resources

GFT provides comprehensive customer support through multiple channels, including phone, email, live chat, and social media. The support team is available during business hours, ensuring that clients can receive assistance when needed.

The broker supports several languages, including English, German, French, Italian, and Chinese, making it accessible to a diverse clientele.

In terms of educational resources, GFT offers a variety of materials, including webinars, tutorials, and eBooks, designed to help traders enhance their skills and knowledge. Additionally, GFT provides market analysis services, including daily reports and research articles, to keep clients informed about market trends and opportunities.

Trading tools such as calculators, economic calendars, and signal services are also available to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

GFT primarily serves clients in markets across the globe, with a strong presence in Europe and North America. The broker has regional offices in the UK, Australia, and Singapore, allowing it to cater to a diverse clientele.

However, GFT does not accept clients from certain jurisdictions, including the United States, following its transition to Forex.com. This restriction is in place to comply with regulatory requirements and ensure that the broker operates within the legal frameworks of the regions it serves.

In summary, GFT has established itself as a reputable broker in the forex trading industry, offering a wide range of products and services to meet the needs of both retail and institutional clients. With a focus on compliance, customer support, and educational resources, GFT continues to adapt to the evolving landscape of forex trading.

GFT Forex Broker has an overall rating of 1.58, Regulatory Index 0.00, License Index 0.00, Business Index 7.54, Software Index 4.00 Risk Control Index 0.00.