GFX Forex Broker

GFX Review SummaryFounded5-10 yearsRegistered Country/RegionCambodiaRegulationUnregulatedMarket InstrumentsForex, Metals, Energies, Stock Indices, Commodities & Share CFDsDemo Account✅LeverageUp to 1:500SpreadFrom 1.3 pipsTrading PlatformMT4(PC, iOS & Android)Min Deposit$100Customer SupportPhone: +855 23 213 686Email: support@gfx-i.comGFX Information GFX is a broker. GFX provides various tradable instruments, including forex, metals, energies, stock indices, commodities, and share CFDs, and also offers account types, including fix, premium, and retail. In addition, GFX sets a spread from 1.3 pips, a minimum deposit of $100, and a maximum leverage of 1:500.Pros and ConsPros Cons Leverage up to 1:500UnregulatedDemo account availableSpread from 1.3 pipsVarious tradable instruments: Forex, Metals, Energies, Stock Indices, etc.Office Website inaccessibleMT4 availableIs GFX Legit? GFX is not regulated, which makes it less safe than regulated brokers.What Can I Trade on GFX? Traders can invest in various trading instruments, including forex, metals, energies, stock indices, commodities, and share CFDs.Tradable Instruments Supported Forex✔Metals✔Energies✔Stock indices✔Commodities✔Share CFDs✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type GFX has four types of accounts: fix, premium, and retail. Fix and retail accounts have the same maximum leverage and a minimum deposit of 1:500 and $100 respectively. Premium and retail accounts have the same minimum spread of 1.3pips. Traders who want to have both low spreads and low leverage can choose to open a premium account.Account Type FIXPREMIUM RETAILMaximum Leverage1:5001:2001:500Minimum Deposit$100$10000$100Minimum SpreadFrom 3 pipsFrom 1.3 pipsFrom 1.3 pipsMinimum Position0.01 lot0.01 lot0.01 lotGFX Fees The spread is relatively high, starting at 1.3 pips, and the commission is not mentioned. Traders need to pay attention to hidden fees.Leverage The maximum leverage is 1:500, which means that profits and losses are magnified 500 times.Trading Platform GFX has an authoritative MT4 trading platform and traders can choose different versions, such as PC, iOS, and Android to trade. Compared with MT5, junior traders prefer MT4.Trading PlatformSupported Available Devices MT4✔(PC, iOS & Android)Deposit and Withdrawal The minimum deposit is $100. GFX offers multiple methods for deposits and withdrawals, which include master cards, visa, Ailpay, etc. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.Customer Support Options Traders can communicate via phone and email. However, specific customer support schedules are unclear.Contact Options DetailsPhone +855 23 213 686Email support@gfx-i.comSupported Language EnglishWebsite Language EnglishPhysical Address Not mentioned