Search

Trade GF Forex Broker provides real users with * positive reviews, 1 neutral reviews and 2 exposure review!

Trade GF Broker Review

1.50

WikiFX monitor

Business

Influence E

License

No license

Trade GF Review 3

Latest All(3) Neutral(1) Exposure(2)
Exposure
GF TRADE SCAM

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.

Male2922
2023-12-14
Neutral

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.

YOYO8674
2023-02-22
Exposure
Help!!

I wanna expose this broker/ I deposited $234 and I wanna get my money back now!!!

FX2278821991
2021-06-24

  

Trade GF 2025 Review: Everything You Need to Know

  Trade GF has garnered significant attention in the forex trading community, and opinions about this broker are decidedly mixed. While some reviews highlight certain features like high leverage and a variety of account types, the overwhelming consensus points to serious concerns regarding its legitimacy and regulatory status. Many sources classify Trade GF as an unregulated broker, raising red flags for potential investors. Notably, the broker claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but numerous reviews cast doubt on this assertion, labeling it as a major red flag.

  Note: The varying geographical entities associated with Trade GF complicate its regulatory standing, emphasizing the importance of thorough due diligence before engaging with this broker.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service & Support 3
Trading Setup 4
Trustworthiness 2
User Experience 3

  We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

  

Broker Overview

  Founded in 2016, Trade GF is operated by Get Financial Ltd, with its headquarters located in Saint Vincent and the Grenadines. The broker offers a range of trading platforms, with MetaTrader 4 being the most commonly mentioned. Trade GF claims to provide access to various asset classes, including forex, cryptocurrencies, and CFDs. However, the absence of a robust regulatory framework raises concerns about the safety of funds and the overall trading environment.

  

Detailed Review

  Regulatory Status

  Trade GF operates under the VFSC, which many consider a less credible regulatory body compared to institutions like the FCA or ASIC. Reviews consistently indicate that the broker lacks proper oversight, making it a risky choice for traders. According to Forex Brokerz, "Trade GF is not regulated anywhere," which is a significant concern for potential investors.

  Deposit/Withdrawal Options

  The broker requires a minimum deposit of $250, which is relatively standard for the industry. However, withdrawal methods seem limited, primarily focusing on bank transfers and cryptocurrencies like Bitcoin. This limitation can be a drawback for traders who prefer more flexible options.

  Bonuses/Promotions

  Trade GF does not currently offer any notable bonuses or promotions, which is a common tactic used by reputable brokers to attract new clients. The lack of promotional offers may indicate a less competitive stance in the market.

  Asset Classes

  Trade GF allows trading in various asset classes, including forex, cryptocurrencies, and CFDs. However, the exact range of instruments available is unclear, as many reviews focus more on the broker's regulatory issues than on the specifics of its trading offerings.

  Costs

  The cost structure at Trade GF includes spreads starting from 1.2 pips, which is considered high compared to other brokers. The absence of clear information regarding commissions and additional fees further complicates the cost analysis for potential traders.

  Leverage

  The broker offers a maximum leverage of 1:500, which can be appealing to high-risk traders looking to amplify their positions. However, high leverage also increases the risk of significant losses, especially for inexperienced traders.

  Trading Platforms

  Trade GF primarily uses MetaTrader 4, a widely recognized platform among forex traders. However, some reviews suggest that the broker also has its proprietary platform, which raises questions about the trading experience and functionality compared to established platforms.

  Restricted Regions

  While specific details about restricted regions are not extensively covered, the general consensus is that unregulated brokers often attract traders from various regions, including those where regulatory oversight is less stringent.

  Customer Service Languages

  Trade GF provides customer support primarily in English, which may limit accessibility for non-English speakers. Reviews indicate that customer service is often slow and unresponsive, which can be frustrating for traders needing assistance.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service & Support 3
Trading Setup 4
Trustworthiness 2
User Experience 3

  

Detailed Breakdown

  • Account Conditions: The minimum deposit of $250 is standard, but the lack of regulatory oversight diminishes the appeal.
  • Tools and Resources: While some educational resources are available, they are limited, and the overall trading tools do not match those of more reputable brokers.
  • Customer Service & Support: The reviews indicate that customer support is lacking, with many users reporting slow response times and unhelpful answers.
  • Trading Setup: The trading experience is marred by regulatory concerns, and while the leverage is attractive, it comes with heightened risks.
  • Trustworthiness: The lack of regulation and numerous negative reviews significantly impact the trustworthiness score.
  • User Experience: Many users report negative experiences, particularly regarding withdrawals and customer service.

  In conclusion, while Trade GF offers some attractive features, the overwhelming consensus from reviews highlights serious concerns regarding its legitimacy and regulatory status. Potential traders are advised to exercise extreme caution and consider more reputable, regulated brokers before making any commitments.

Trade GF review