Basic Information & Regulation
GF Trade is an offshore forex and CFD broker and is not currently subject to any effective regulation.
Safety Analysis of GF Trade
GF Trade is currently an unregulated broker, which means that investors' trading activities and funds are not effectively protected on the GF Trade platform compared to those regulated by the FCA in the UK and ASIC in Australia. Therefore, investors should be careful to stay away from this GF Trade forex dealer.
Market Instruments
GF Trade offers traders access to popular currency pairs, 11 indices CFDs, oil, gas, gold, silver, and stocks.
Accounts & Leverage of GF Trade
GF Trade offers investors three different types of trading accounts: Mini (minimum deposit of $10), Standard (minimum deposit of $100), and Premium (minimum deposit of $500). The maximum trading leverage for all three types of accounts is 1:500.
Spreads & Commissions
Spreads on the GF Trade platform are floating, starting from 2 pips for Mini accounts, 1.6 pips for Standard accounts, and 0.9 pips for Premium accounts.
Trading Platforms Available of GF Trade
GF Trade offers traders the popular MT4 trading platform, which contains 50 built-in market indicators and the option to run automated trading with custom trading robots or EAs, as well as a user-friendly MT4 interface and excellent charting tools to help traders trade easily.
Deposit and Withdrawal
GF Trade supports traders to withdraw and deposit funds to their accounts via Visa, MasterCard, NETELLER, Skrill, FasaPay, WebMoney, China UnionPay, Alipay, Wire Transfer, etc.
Pros & Cons of GF Trade
The main advantages of GF Trade are:
1. A larger variety of trading assets
2. Three types of accounts to choose from
3. Low minimum deposit requirements for accounts
4. MT4 trading platform
5. Multiple deposits and withdrawal methods
The main disadvantages of GF Trade:
1. Not subject to any regulation
2. Unusual withdrawals conditions
