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G FOREX Trade Market
Saint Vincent and the Grenadines|2-5 years| https://www.gftmarketrade.com/index.html
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No valid regulatory information, please be aware of the risk!
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G FOREX Trade Market Limited
G FOREX Trade Market
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | 500 $ |
| Minimum Spread | 1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | 3$perlot/size |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | 10 $ |
| Minimum Spread | 1.5 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | 500 $ |
| Minimum Spread | 0.6 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | 3$ perlot/size |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | 500 $ |
| Minimum Spread | 1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | 500 $ |
| Minimum Spread | 1-1.5 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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G FOREX Trade Market · Company Summary
| Basic | Information |
| Registered Countries | Saint Vincent and the Grenadines |
| Regulation | No License |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:500 |
| Minimum Spread | From 1.0 pips |
| Trading Platform | Webtrader |
| Trading Assets | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto |
| Payment Methods | N/A |
| Customer Support | Email, Online Chat |
General Information
G FOREX Trade Market is an offshore broker registered in Saint Vincent and the Grenadines, giving their clients access to a series of trading instruments, including Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto. With the G FOREX Trade Market platform, investors are given the flexibility of choosing from five types of trading accounts, Cent, Standard, Pro, Raw, and Insurance accounts are provided, with the minimum deposit to open an account from $10.
G FOREX Trade Market is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.19/10. Please be aware of the risk, for trading with an unregulated broker is taking huge risk of lose your money.
Market Instruments
Clients can have access to a series of trading instruments, including Forex, Indices, Commodities, Stocks CFDs, ETF CFDs as well as CFDs on Bitcoin and other cryptocurrencies.
Account Types
Cent, Standard, Pro, Raw, and Insurance accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Cent account from $10, and the other four types of trading accounts requires a minimum deposit of $500.
Please note that swap is applicable for all four types of trading accounts.
Spreads & Commissions
Trading accounts set spreads and commissions. The Cent, Standard and Pro accounts offers spreads from 1.5 pips, 1.0 pips, and 1.5 pips, respectively, with no commissions charged. The Raw and Insurance account offers spreads from 0.6 pips and 1 pips, accompanied by a commission of $ per lot per size.
Leverage
When it comes to leverage, G FOREX Trade Market provides its customers with access to 1:500, which is significantly greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
What G FOREX Trade Market provides is not the MT4 OR MT5 trading platform, a simple proprietary mobile app instead.
Customer Support
If clients have any inquiries or trading-related issues, they can get in touch with G FOREX Trade Market through online chat or dropping them an email at gft-uk@domainname.com.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
| Pros | Cons |
| Flexible trading account options | No regulation |
| Low minimum deposits for Cent Accounts | High spreads |
| High minimum deposits for standard accounts | |
| Weak trading platform | |
| Lack of payment options |
Frequently Asked Questions
What trading instruments can I trade with on G FOREX Trade Market？
G FOREX Trade Market offers access to Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto.
What is the minimum deposit to get started with G FOREX Trade Market？
The minimum deposit to open a cent account is $10.
What is the maximum leverage available？
The maximum trading leverage that is available on the G FOREX Trade Market platform is up to 1:500.
When are swaps calculated？
A swap is the cost of running position from one day to the next. The swap fee varies depending on the market you are trading. The swap fee is applied if you hold your order open after the daily rollover point, which is 00:00 server time and known in forex trading as “tomorrow next”.
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