Gft forex broker reviews

GFT UK , GFT Australia. Custom trading platform, Web platform GFT is listed as White Label partner on the Currenex website. GFT is a global forex broker that recently took the decision to withdraw from the Japanese and U.

FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1. XM is broker with great bonuses and promotions.

FxPro is a broker we are particularly keen on: And the best part? With FxPro you get negative balance protection. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

FBS is a broker with cool marketing and promotions. Trading is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well we tried it out and we loved it. Bank Wire Credit Card PayPal Check. If all funds are being withdrawn, all positions must be settled and converted, which may take longer. I started trading with GFT back in I really like their educational materials and charting but then I had to stop and take care of a sick child.

I realized that GFT had charged me with inactivity fees so I called them and after speaking to a few customer service reps, the fees were refunded to my account in two days. I realize that it is my responsibility to keep track of my account but I am very happy that GFT turned out to be a company that has compassion for their customers. They checked what happened, found out that I was right and corrected the problem on the go. I have been a customer of GFT Forex for about two years now and I keep trading with them because they are a very convenient broker.

The spreads are fair, especially if you trade major crosses. This is my personal experiences with GFT. I had several live accounts with them since First of all they have banned me from having an account with them with no explanation. Instead they are holding your position until you got in the wrong side of the direction of the market and able to cash your losses direct to their Bank Morgan Chase..! Yes, They are closing your trade.

Their statement is YOU DON'T OWN THE POSITION YOU ARE HOLDING THE POSITION. Meaning if you are on the wrong side of the trade we can go head take your money at front and then if you lucky able to make it back and get even the next day I will explain it further in a moment.

I will explain further in a moment as well 6- Slippage!! Now back to paragraph 4 - 5. They indeed charge me high spread. However, they are honoring all my trades position. I will explain with an example; I bought Long 10 full lots EUR-USD 1. Now the market is going south down to 1. So without panicking I am adding positions with an extra 10 full lots, going LONG 1. Then the market is finally reversing and retesting the 1.

So far so good, I have pips in profit of my last trade made 1. So I have the chance to close with pips in profit the last trade 1. Now with GFT the same scenario this is how they are going to get you. I bought Long 10 full lots EUR-USD 1.

So without panicking I am adding positions with an extra 10 full lots going LONG 1. Well well well they are averaging your trade at 1. YES they are averaging your adding position 50 pips higher where the market price is actually is which it is 1. So you still under 50 pips in the red until the market is hitting 1. So now you are physiological stressed and thinking, ok few pips above 1. Which I did several times!!!! Now The same scenario with both accounts CCcapitol and GFT.

The EUR-USD instead to get back up to 1. It will go further south. Let's assume the market hits 1. Well I am pips in the negative with the first trade made, and pips in the negative with second trade made.

With my current Broker CCcapitol I am adding position 1. My last 2 trades honored by CCcaptol 1. Now the same scenario with GFT, I have positioned the last two trades 1.

YES they have averaged all my 4 trades t 1. Guess what, I am physiological drained and exhausted of the bad day of a bad trading, and I decide to close all my positions which sounds the right thing to do..! As soon as the market get close to 1. Now the worst scenario HERE IS THE CATCH! Now, let's assume that by the end of the day I will hold all my positions for the next day, and hoping that the market will eventually reverse and go back to 1. If the market still EUR-USD 1. Well this is their tricks..!

But the trades are NOT CLOSED..!!!!!!!!!!!! They are active at the price that they were bought 1. With GFT account at 6 Pm all your position will be closed and repositioned at the market price! So this is deal Your account now is suffering of an effective drawdown liquidity.

You laterally lost 40K out of your account that they have STOLEN from you..!!!!. To recover the 40k you have to wait until the market gets at least to 1. BUT With CCcapitol I am psychological ahead of the game because 1. The GFT has been liquidated in a matter of 55 days. Furthermore, this is what I have received from them today!!! Dear Max It has come to our attention that your may be interested in opening an account with GFT or having a demo account with us.

This is to notify you that GFT will not accept your application to open an account and will not allow you to have a demo account. This decision was made for our own business reasons, based on our business objectives, and should not be viewed as an adverse comment on your personal qualifications to maintain an account.

There are many business reasons why GFT may reject an account, and GFT does not discuss with individuals its reasons for closing their accounts or rejecting them all together.

GFT Forex tries to mislead you.

I'm running live and demo account with GFT side by side. I placed a sell stop 1. The GFT Demo filled the sell order 1.

GFT Forex | qoxoxoxiqel.web.fc2.com review and ratings by Forex Peace Army

The GFT Live filled the sell order 1. I tried to close the live position 1. So I took only 2 pips profit instead of 8 pips because of the slippage.

GFT advertise "as low as 1 pip spread", however actual transaction costs are far higher. I have been trading with GFT for 5 years now. Everything was OK when I was losing. However in the last year I made some profit and decided to take some money out.

GFT Forex Broker - Reviews and Information

After the withdrawal I had nothing but negative experiances with GFT. Platform freezing, slow execution, orders rejection and so on. I'm thinking about switching to futures now. I am a client of GFT Forex. Here is what I receive: Check their regulatory track record on NFA website.

Over 10 years with no flaws. Also check their capital onn cftc. All the guys I spoke to are helpful and friendly. Very user friendly, armed with powerful technical analysis tools. Excellent choice for an experienced trader. GFT processed my withdraw requests the same day. With all that turmoil in the financial world it is nice to trade with a solid company like GFT. GFT does not hesitate to take advantage of the fact that they hold our money and store all the trading logs. Winning positions appeared on my account out of nowhere.

Losing positions appear out of nowhere.

Of course, the losers far larger than the winners. How can I prove that I haven't open that positions? I've moved my account to another broker, but I'd really like to see GFT going down. I have several accounts with GFT forex, including PAM acounts. GFT's platform freezes up - especially when I want to close a profit. Hung application, run time error, external I don't know what GFT disabled my auto trading system - and it happens only to my profitable account.

They claim it might be technical issue and requested the logs. However their trading platform does not store any logs of GFT's dealing desk actions. The head of GFT's DD is a rude snob and I intend to file charges with the FSA.

Customer service was not good at all.

LOTS of slippage, even during slow times. Spreads increased, even during non vol times. It took 2 weeks to get the money wired, they kept saying it was due to trades needing to "settle". I have caught the support people in lies often and finally withdrew my money. Stay away from GFT Forex.

Do your homework and select a broker with a good rep. My overall trades with them have just been unprofitable.

GFT Forex (Global Forex Trading) Reviews | Forex Broker Rating of qoxoxoxiqel.web.fc2.com by ForexRealm

This is, on most parts due to my orders not getting filled for some reason. This is especially applicable when it comes to their direct deals.

Since then, all my orders were dealt with directly through a human personnel instead of through their direct automated dealing desk. This was not a solution either because by the time someone actually got down to looking at my orders, the market had changed so I still continued to get requoted. Yes, you read well: Not even the simple average! The demo account expires in 30 days and there is no way to renew it!

It is not written anywhere in their website But after 30 days you just get an alert: So, even if their platform, Dealbook , is a very good piece of software I definitely do NOT recommend this broker! I have been with GFT for about a year and a half now. Most of that time has been unprofitable. In the last 3 months or so i have found a pair and a system that has started to be profitable.

First GFT started to not fill my orders using their direct deal. From then on every order went through a human to get filled instead of their automated dealing desk. By the time a human looked at my order the market moved away from it so I continually get requotes. I changed my style to get in and out of positions using stop and limit orders.

It slowed me down a little but still was profitable. After that did not slow me down they changed the spread from an average of 12 or 13 to more than 20 to 25 at times, including in the middle of the day. I complained but lived with it because i like the charting package. The last straw was tonight. The market hit the price, but GFT rejected the order saying that the market had moved to fast and that the markets spread had moved to over 50 and theres was 20 and they could not and would not fill my order.

I believe this company takes the opposite side of your trade so they have a financial intersest in you loosing money. But if you are consistently making profit, they do everything to slow you down.

I would like to know if by not filling limit orders is that legal. Did steal 5 figure account, totally.

The spikes were way out of line. They no connect ten time a day. In other matters the service said its your ruter. They know no shame as a crook would not. I'm afraid other co's are the same. I liquidate my position and it displays a profit or loss. The settlement date is 2 days from the date I liquidate. GFT claims I am liable for any loss they incur from the time I liquidate my position to the settlement day.

GFT uses a trading desk so my orders do not reach the Interbank. My profit or loss shows immediately. GFT Charged me for pip movement between the time I liquidated and the date set for settlement by the Interbank seems most unfair. GFT took money out of my account without notification to cover their loss because they chose to take advantage of the two day float.

I have been trading forex for approx. Everything is ok and i understood the below complaint but it is sometimes good for trade sometimes bad because of currencies adjustments to based account currencies. It is not a scam!! As a matter of fact it proves that how reliable broker Gft is. Everything is due the market condition calculated, not fictive execution. Excellent broker, very reliable, after i experienced refco scam gft gave me back reliability to forex businnes. Thanks all GFT employees.

They have one of the best customer service around. However, I do find their platform a little rigid for me. In my opinion, they are still not the very best around in the market. I think overall they are pretty good, but I still prefer not to let them know what I am doing, no broker is THAT honest, hence the 9 instead of Withdrawals and deposits have been swift and easy, no questions asked.

Have been trading with GFT for a few months now. Best platform I have used, big fan of the free SMS alerts as I am a break out trader and can even put SMS alerts on trendlines. Support team at GFT is second to none, my account manager has spent well over 5 hrs with me explaining various concepts. Big fan of Kathy and Boris and is very impressed with their new FX portal which has technical trade recommendations. The platform still needs a few tweeks here and there but apart from that I am very happy with the service.

Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.

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FXCM publishes impressive slippage and spread statistics Apr Software: Trading 's mobile trading app reaches 5 mln. CopyFX changes minimum deposit requirement for forex trading accounts Jun Market: CySEC warns against binary options broker BuzzTrade May Expert Advisors: What we think about GFT Forex GFT is a global forex broker that recently took the decision to withdraw from the Japanese and U.

The one thing that you will notice when you go to the broker's website is that it is pretty scarce in terms of information — the home page won't tell you even basic things such as what's the maximum leverage offered. The customer support won't be of any help either — they are rude and dance around questions in vain hope they won't have to answer. The platforms that you will find at GFT are Metatrader 4 MT4 and its own DealBook Trading straight from the charts is possible.

The broker offers a few analysis tools: Autochartist helps you identify chart patterns fast and easy; Foresight-A. GFT has thought of the beginners as well — for them, there are webinars, free trading guides and video tutorials. Traders looking to diversify their portfolios can also try the broker's binary options offering. Top Forex brokers More details. Broker Advantages FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms.

GFT Forex reviews Broker details. Your vote for GFT Forex 5 stars 4 stars 3 stars 2 stars 1 star Security code. GFT Forex have excellent customer support I started trading with GFT back in I really like their educational materials and charting but then I had to stop and take care of a sick child.

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Fair spreads, especially if you trade majors I have been a customer of GFT Forex for about two years now and I keep trading with them because they are a very convenient broker. Choose ECN STP DMA broker Slippage, slow execution and awful platform This is my personal experiences with GFT.

GFT advertise as low as 1 pip spread GFT is nothing more then a bucket shop I have been trading with GFT for 5 years now. Check GFT's regulatory track record on NFA website I am a client of GFT Forex.

Losing positions appear on my GFT account out of nowhere GFT does not hesitate to take advantage of the fact that they hold our money and store all the trading logs.

GFT disabled my auto trading system I have several accounts with GFT forex, including PAM acounts. GFT spread widens during calm market, slippage occurs Customer service was not good at all. You can't use indicators on a mini account with GFT! GFT platform disconnects ten times a day Did steal 5 figure account, totally.

GFT claims I am liable for any loss till the settlement day 1. GFT is not a SCAM! GFT platform a little rigid, but they are still the best They have one of the best customer service around. I'm big fan of the GFT's free SMS alerts Have been trading with GFT for a few months now. Top Forex Brokers FXTM FXCM HYCM easyMarkets IG XM FxPro FX Choice Windsor Brokers FBS FIBO Group Cyprus Grand Capital TryMarkets EverFX Trading Dukascopy IC Markets OANDA City Index XTB PipIndex Capital Index PhillipCapital UK RoboForex FOREX.

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Forex Broker Reviews

MT4 , MT5 , Web. MT4 , Trading Station, NinjaTrader. MT4 , Web , PrimeTrader. MT4 , Web , ProRealTime, 2Dealer. MT4 , MT5 , cTrader, SuperTrader, FxPro Markets. MT4 , Web , Gwasy. MT4 , MT5 , cTrader. Spreads widen during news releases Spreads widen during Asian Session. No slippage during normal market conditions. Slippage during news releases. No Price Manipulation No Spikes No Stop Hunting. Low spreads Decent Price Feed Regulated.