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GFTForex

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United States

Founded in

1991 (34 Years)

Founded

Last online: No recent activity


1 Reviews

Good

3.59/5

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Traffic & Engagement

1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know GFTForex

    GFT Forex is a trading platform for international currency trades. Global Futures & Forex, Ltd. provides retail derivatives. It offers futures contracts, as well as online currency trading solutions. The company specializes in market analysis in various futures markets, as well as professional risk management services for companies wishing to protect price risks through the use of hedging in the futures markets. It serves individuals, institutions, and asset managers in the United States and internationally. Global Futures & Forex, Ltd. was founded in 1991 and is based in Ada, Michigan. As of September 24, 2013, Global Futures & Forex, Ltd. operates as a subsidiary of GAIN Capital Holdings, Inc.

    Industry

    • Financial PaymentPRIMARY
    • Forex Retail Broker
    • Technology Software Trading Platform

    Software

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    News

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    TrustFinance Intelligence Agency

    Research date: Jun 17, 2024

    GFT Forex offers one-click trading, streamlined ordering, free charting tools, and free currency news.

    GFT Forex offers one-click trading, streamlined ordering, free charting tools, and free currency news.

    GFT Forex is known for its customizable dashboard, DealBook 360, and prompt customer service, but it no longer accepts US clients.

    GFT Forex is known for its customizable dashboard, DealBook 360, and prompt customer service, but it no longer accepts US clients.

    GFT Forex has been criticized for closing trades with equity left in the account and charging high fees on profitable trades.

    GFT Forex has been criticized for closing trades with equity left in the account and charging high fees on profitable trades.

    GFT Forex has been labeled as a scam by some users, who claim they are hostile to retail traders and engage in fraudulent activities.

    GFT Forex has been labeled as a scam by some users, who claim they are hostile to retail traders and engage in fraudulent activities.

    GFT Group is not recommended for beginners due to its complex platform and high fees, despite offering demo accounts and a low minimum deposit.

    GFT Group is not recommended for beginners due to its complex platform and high fees, despite offering demo accounts and a low minimum deposit.

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