GFT Broker Review

　　

GFT 2025 Review: Everything You Need to Know

　　GFT, a long-standing player in the forex brokerage space, has garnered a mixed reputation among traders. While some users praise its trading platform and customer service, others express concerns over execution issues and hidden fees. This review aims to synthesize user experiences, expert opinions, and factual data to provide a comprehensive overview of GFT.

　　Note: It is important to recognize that GFT operates under different entities in various regions, which may affect user experience and regulatory compliance. This review aims for fairness and accuracy by incorporating a variety of sources.

　　

Rating Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	6
Trading Experience	5
Trustworthiness	5
User Experience	6
(Optional) Additional Features	6

　　How We Rate Brokers: Ratings are based on a combination of user feedback, expert analysis, and factual data from various sources.

　　

Broker Overview

　　Founded in 1997, GFT has established itself as a forex broker offering a variety of trading platforms, including its proprietary DealBook 360 and the popular MetaTrader 4 (MT4). The broker is known for providing access to a wide range of currency pairs and CFDs, catering to both retail and institutional traders. GFT has undergone significant changes in its operational structure, particularly after its acquisition by Gain Capital, which now manages its U.S. operations through Forex.com.

　　

Detailed Overview

　　

Regulatory Regions

　　GFT has historically operated in several regions, including the U.S., U.K., and Australia. However, it no longer accepts U.S. clients, having transferred them to Forex.com in 2012. The regulatory landscape varies, and it is crucial for traders to verify the entity under which they are trading.

　　

Deposit/Withdrawal Currencies and Methods

　　GFT accepts deposits and withdrawals in multiple currencies, including USD, EUR, and GBP. Common methods include bank transfers, credit/debit cards, and checks. Users have reported that withdrawals can take longer than expected, with some stating delays of up to a week.

　　

Minimum Deposit

　　The minimum deposit for a standard account is typically around $2,500, while a mini account can be opened for as little as $250. However, some traders have expressed frustration over the high minimums required for certain account types.

　　

Bonuses/Promotions

　　GFT has offered various promotions in the past, but current offerings are less clear. Traders should consult the broker's website or customer service for the latest promotions.

　　

Tradable Asset Classes

　　GFT provides access to a diverse range of assets, including over 60 currency pairs, CFDs on commodities, and indices. This variety allows traders to diversify their portfolios effectively.

　　

Costs (Spreads, Fees, Commissions)

　　Spreads at GFT can be competitive, starting from around 0.8 pips for major pairs. However, some users have noted that spreads can widen significantly during volatile market conditions. Additionally, the broker is known to charge inactivity fees, which have drawn criticism from users.

　　

Leverage

　　GFT offers leverage up to 1:400, which can be appealing to traders looking to maximize their positions. However, high leverage also comes with increased risk.

　　

Allowed Trading Platforms

　　Traders can access GFT's services through its proprietary DealBook 360 platform and MT4. While the DealBook platform is praised for its advanced charting capabilities, some users have reported issues with software stability and execution during high volatility.

　　

Restricted Regions

　　GFT does not accept clients from the U.S. and may have restrictions in other regions based on regulatory compliance.

　　

Available Customer Service Languages

　　Customer support is available in multiple languages, including English, Spanish, and Chinese. However, user experiences with customer support have been mixed, with some reporting slow response times and inadequate assistance.

　　

Rating Overview (Repeated)

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	6
Trading Experience	5
Trustworthiness	5
User Experience	6
(Optional) Additional Features	6

　　

Detailed Breakdown

　　

Account Conditions

　　GFTs account conditions are generally favorable, but the high minimum deposit may deter new traders. Users appreciate the variety of account types but express dissatisfaction with inactivity fees.

　　

Tools and Resources

　　The trading platforms, particularly DealBook 360, receive praise for their advanced features. However, some users find the learning curve steep and the platform occasionally unstable.

　　

Customer Service and Support

　　Customer service experiences vary widely. While some users commend the support team for their responsiveness, others criticize the lack of effective solutions and slow response times.

　　

Trading Experience

　　Many traders have reported issues with execution speed and slippage, particularly during news events. This has led to a perception that GFT may not be suitable for high-frequency or news traders.

　　

Trustworthiness

　　Trustworthiness ratings are mixed, with some users expressing concern over the broker's practices, particularly regarding fee transparency and execution quality.

　　

User Experience

　　Overall user experiences highlight both positive and negative aspects of trading with GFT. While some users report satisfactory trading conditions, others have faced challenges that lead to frustration.

　　In summary, GFT offers a range of features and tools that may appeal to various traders, but potential users should weigh the pros and cons carefully. Conducting thorough research and considering personal trading needs is essential before engaging with any broker.