Trade GF foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.tradegf.net/, about the company's legal and temporary regulatory information, the company's address Get Financial LTD Suite 305, Griffith Corporate Center P.O Box 1510. Beachmont, Kingstown, St. Vincent and the Grenadines..
Trade GF Forex Broker
Basic Information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
VIP ACCOUNT
EXPERT ACCOUNT
Trade GF Forex Broker - Complete Information Guide
1. Broker Overview
Trade GF, officially known as Get Financial Ltd, was established in 2016. The broker is headquartered in Saint Vincent and the Grenadines, with its main office located at Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown. Trade GF operates as a private entity and has been part of the forex market for over nine years. It primarily serves retail clients seeking access to forex and CFD trading, including various financial instruments.
The company has developed its services over the years, although specific milestones in its development are not extensively documented. Trade GF operates under the ECN (Electronic Communication Network) and STP (Straight Through Processing) business models, which are designed to facilitate efficient trading for its clients.
As a forex broker, Trade GF provides a platform for trading foreign currencies and CFDs, targeting individual traders who are looking for competitive trading conditions. The broker claims to offer a range of trading products, but detailed information regarding its full service offerings is limited.
2. Regulatory and Compliance Information
Trade GF is regulated by the Vanuatu Financial Services Commission (VFSC). However, it is important to note that the regulatory environment in Vanuatu is considered less stringent compared to top-tier regulators. There is no specific regulatory number associated with Trade GF, and the validity of its regulatory claims has been questioned by various sources.
The broker's regulatory license appears to be limited in scope, and it does not participate in any investor compensation schemes, which are crucial for protecting client funds in the event of a broker insolvency. Furthermore, Trade GF does not provide clear information regarding customer fund segregation policies, raising concerns over the safety of client deposits.
To comply with regulatory standards, Trade GF is expected to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. However, the effectiveness and enforcement of these measures remain uncertain due to the broker's overall transparency issues.
3. Trading Products and Services
Trade GF offers a variety of trading products, primarily focusing on forex currency pairs and CFDs. The broker claims to provide access to numerous forex pairs, although specific numbers and major trading pairs are not detailed. The CFD product categories include:
- Indices
- Commodities
- Stocks
- Cryptocurrencies
Trade GF appears to frequently update its product offerings, but detailed information about the frequency and nature of these updates is not readily available. The broker caters primarily to retail traders, providing services that include trading in various financial instruments.
While the broker does not explicitly mention institutional client services or white-label solutions, it does offer account management services that may appeal to higher-tier clients. However, there is limited information on asset management services.
4. Trading Platforms and Technology
Trade GF utilizes a proprietary trading platform, which is not based on widely recognized software such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). This proprietary platform is designed to facilitate trading across its offered products, but specific features and functionalities are not well-documented.
The broker provides a web-based trading platform that allows traders to access their accounts from various devices. Additionally, Trade GF offers mobile trading applications, supporting both iOS and Android devices. However, details on the performance and user experience of these applications are limited.
In terms of execution modes, Trade GF operates under the ECN and STP models, which are intended to enhance trade execution speed and efficiency. The broker's server locations and technical infrastructure details are not disclosed, raising questions about the reliability of its trading environment.
API access and automated trading support are not clearly mentioned, which could limit the options available for algorithmic traders.
5. Account Types and Trading Conditions
Trade GF offers several account types to cater to different trading needs:
- Beginner Account: Minimum deposit of $250, floating spreads starting from 1.2 pips, and a minimum lot size of 0.01.
- Trader Account: Requires a minimum deposit of $1,000, with floating spreads beginning at 1 pip.
- Expert Account: Minimum deposit of $5,000, offering fixed spreads starting from 0.8 pips.
- VIP Account: Minimum deposit of $50,000, with specific features available upon request.
The broker does not provide a demo account option, which is often a crucial feature for traders to practice their strategies. Leverage options vary, with maximum leverage reportedly reaching 1:500, but this may depend on the specific account type and trading instruments used.
The minimum trade size across accounts is generally 0.01 lots, and the broker's overnight fees or swap rates are not explicitly detailed in the available information.
6. Fund Management
Trade GF supports a variety of deposit methods, including:
- Bank Transfers
- Credit Cards
- Cryptocurrencies (Bitcoin, Ethereum, etc.)
The minimum deposit requirements vary by account type, with the lowest being $250 for the Beginner Account. Deposit processing times are not specifically mentioned, but generally, transactions are expected to be processed promptly.
There are no disclosed deposit fees, which is a positive aspect for potential clients. Withdrawal methods include similar options as deposits, but specific limitations and processing times are not clearly outlined. Reports indicate that withdrawal requests may face delays, which is a common concern with many unregulated brokers.
The withdrawal fees are not explicitly stated, but potential clients should be cautious of any hidden fees that may apply.
7. Customer Support and Educational Resources
Trade GF offers customer support through several channels, including:
- Phone: +44 203 1500376
- Email: support@tradegf.net
- Online Chat: Not explicitly stated
The broker claims to provide support 24/7, but the effectiveness of this service has not been verified. The primary language of support is English, and there is no indication of multilingual support.
Educational resources available on the Trade GF platform include basic tutorials and market analysis, but detailed offerings such as webinars or comprehensive trading courses are not highlighted. Market analysis services appear to include daily updates, but the depth and quality of these analyses are unclear.
Various trading tools like calculators and economic calendars may be available, but comprehensive details are lacking.
8. Regional Coverage and Restrictions
Trade GF primarily serves clients in regions where forex trading is popular, particularly in Europe and Asia. However, the broker does not specify its exact market reach or the locations of its regional offices.
Certain countries may be restricted from opening accounts with Trade GF, especially those with stringent regulatory requirements or where the broker does not hold a valid license. Specific countries or regions where Trade GF does not accept clients are not disclosed in the available information.
In summary, while Trade GF presents itself as a forex and CFD broker with various offerings, potential clients should exercise caution due to the lack of robust regulatory oversight and transparency in its operations. The absence of a reliable regulatory framework raises significant concerns regarding the safety of client funds and the overall credibility of the broker.
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Latest Reviews
YOYO8674
United Kingdom
Trade GF does not have a reliable regulatory license, and the website cannot be opened. The only thing that can comfort me is that I haven't seen anyone being scammed so far. It seems that everyone is not so naive.
37130
2023-02-22
FX2278821991
Colombia
I wanna expose this broker/ I deposited $234 and I wanna get my money back now!!!
Exposure
2021-06-24
Male2922
Peru
They scammed me for $4900. It all started with an agent who contacted me, he indicated that the only deposit I had to make was 250EUR, to finish the registration and that it would also be the only payment that would be made to start working, later he told me that a trade would contact me to start working, he immediately forwarded the call to his boss to welcome me, I do not remember the name of his boss and/or manager, who welcomed me and he immediately forwarded the call to trade, with whom We started working, I thought that the money I deposited was the only payment I had to make to start working in the stock market, but he told me that nothing could be done with that amount and that he was not going to work with that minimum amount, it was then When he told me about making a deposit of USD 3,600 to invest in APPLE, he assured me that in the month I could receive profits of more than 20,000 thousand, I had my doubts, they are definitely very insistent and convincing, he proposed to deposit 120EUR the first day after having made the first deposit, he was also going to give me a contract with 3 stamps from his company, which never arrived, much less the money he told me. Unfortunately, I let myself be convinced and made the first deposit of USD 2800 and then USD 800, we did it in 2 parts since my bank did not allow large withdrawals. It is worth mentioning that they pressured me by telling me that they had already made a contract and that this had an extra cost if the deposit was not made that same day, as well as that they made insistent calls to my bank2 to authorize me to use the card since I never used it to make deposits abroad; Just as he also demanded that I tell him how much money I had on my card, he indicated that he was like my financial advisor and I had to know how much money was on my card to know how much I could take from it and how much I couldn't, they told me to give him this number. account to the bank so that they agreed to make the deposit. Later he told me that I had to make another deposit of USD 2,600, which I could no longer do because I had no results from the previous one, and I still had not received the 120EUR that he had told me. He told me about many opportunities if I decided to invest with NASDAQ. I must confess that I was naive or stupid since I deposited USD 400 again and not USD 2,600 as he wanted, we did the same operations as the first time, we had the same withdrawal problems with my bank, so I had to contact my bank to give me the authorization and all that, when they gave me the authorization, Mr. Diego Quintana told me that he was going to try with USD 2,600, when I tried to emphasize to him that it was only USD 400, he diverted the call, ignoring what I said, so I withdrew the amount of USD 2,600 from my credit card, for which I became very nervous and upset, I felt super scammed and I did not want to pay attention to what they said, because they told me that they had recordings where I gave the authorization, when from the beginning I told him no, then he told me that he couldn't deal with a person like me and he referred the call to his manager, who calmly told me the same thing, that there were recordings where I gave the authorization, that in a couple of days I would go to get everything back, when I asked the supposed manager his name, he didn't want to give it to me and gave me some random name, and I simply decided to cut off the call because it was the little money I had on my card, I felt the most frustrated and helpless, full of my anger and clumsiness, thinking that I was cheated in this way.
Exposure
2023-12-14