GFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://member.gfx-i.net/#/user/register, about the company's legal and temporary regulatory information, the company's address .
GFX Forex Broker
Basic information
Cambodia
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
GFX 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 Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated |
| Demo account available | Spread from 1.3 pips |
| Various tradable instruments: Forex, Metals, Energies, Stock Indices, etc. | Office Website inaccessible |
| MT4 available |
Is 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 | FIX | PREMIUM | RETAIL |
| Maximum Leverage | 1:500 | 1:200 | 1:500 |
| Minimum Deposit | $100 | $10000 | $100 |
| Minimum Spread | From 3 pips | From 1.3 pips | From 1.3 pips |
| Minimum Position | 0.01 lot | 0.01 lot | 0.01 lot |
GFX 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 Platform | Supported | 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 | Details |
| Phone | +855 23 213 686 |
| support@gfx-i.com | |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |