GFT Forex Customer Reviews and Comments

7 Aug 2023Korvin
Cheating company, any one who wants details contact me. I lost $600 with this broker because of the spread. During the release of news, it increases to 20pp. this was 1 month ago. And today, calmly, without news at 00-05 terminal time, the spread increased to 30pp. And 600 dollars was blown away by the wind. There was no news, as they explained to me in technical support in the first case. I traded the euroaud pair. Be careful. Money is taken away. I had read about them before, but I didn't believe until I lost $600 myself.

12 Jul 2018Jorje
GFT Forex is a scam company, there is no doubt about it. Last year they stopped withdrawing money from the account. At first, they simply did not fulfill withdrawal requests, but now they have come up with a new method not to pay and at the same time reduce the account balance. They simply delete withdrawal requests, while the money is not returned to the account, i.e. in fact, this is an implicit theft of funds. This year, 4 requests for withdrawal of funds were deleted for a total of $103. Contacting support does nothing. In live chat, they ask me to write to the mail, I wrote a bunch of letters, but I still have not received any answer.

5 Apr 2017Turtle_2
I completely agree with the previous comment. Spreads are tight and trader has access to wide range of markets. What I don't like is you should pay for this kind of quality much higher price. All commissions, transaction fees etc are above the average among FX industry. You can find reliable broker with lower expenses so I see no reason to open account here or keep on working with them.

6 Apr 2017Smithd973
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5 Aug 2016Udesh
Gft was acquired by forex.com. As a trader of both companies and active trader of Forex.com, I would say that things changed. No cancelation of winning trades, no tricks as it was before with gft. You got tight spreads and so on... What I want to mention is no extremely high number of price fluctuations during trading session anymore. They filter ticks and provide as smooth price as possible. I know it's been done as a good practice by others, so I see no negative impact on my performance.

27 Jan 2012Dal
I love the GFT spam comment from branson fan. With GFT you lose money if if you make money. I am amazed they get away with what they do.... How have they not been shut down? They close trades with tonnes of equity left in the account, they take huge fees out of profitable trades which then has them result in loses, and their software glitches at the most inconvient moments.

The funniest part is that their motto is 'above all integrity' .... This company should be shut down! How do they get away with it?

7 Sep 2011Banson Fan
I trade with them about 9 months. First 3 months, I was not so skillful, I lost money; but the last 6 months, I made money. Good or not good; sometimes, it may depend how skillful we are. The longer we trade, the better we will.

12 May 2011Scamed
STAY AWAY!!!! DON

22 Mar 2011Beware!!!
Whole damn company don't know a shit as to what they are doing a bunch of sloppy shits that's all,
need the client to teach them their job roles & responsibilities

22 Mar 2011Dirty.....
Think it is better to trade your underwear with gals for lingerie, try their system & that's the last time you see YOUR $

14 Nov 2009Fred
Although the platform is waaaaaaaaaaaaay too slow for day trading, swing traders will enjoy the vast amounts of studies available. If trading is your day job, this one's not for you.

18 Sep 2009mike
They are a bucketshop but the US Government is a lame duck and won't do a thing.

17 Sep 2009Koh
My EUR/GBP Stop Buy was executed 3pip above market day high 0.8936 in the morning and I also could not find any executed 0.8936 in other dealers quote. My identical order in MF Global was not executed and confirmed my STOP order must be reflective to be valid. Whereas GFT dealing desk arrogantly reasoned their market/chart price only displayed their BID price 0.8933 whereas executed ASK [Stop Buy 0.8936] price is not shown and this is how their system work!! This means their ambiguous spread range is damn dynamic, flexible and justifiable to execute any favorable or unfavorable STOP order... there is simply no transparency... you'll never make money when they can trade against your stop without a display executed price.. They’ve conveyed otherwise when they want the account and I’ve yet to find any information on this non-displayed of "spread" executed price clause. Watch out and it's unfortunately for me to be impressed to further evaluate their program/service with real money.. Make your wise choice!

28 Apr 2009Ifeanyi
The platform is as stiff as a prick.....and so frigging complicated for starters...I was out in a sec

23 Dec 2008LOng
Total SCAM, they trade against you, and ready to explain some terms you cannot understand on the never ending fees

20 Dec 2008Mr Potato Head
Spreads and rollover fees on spot contracts are murderous on exotic currencies. It took me two solid days of filtering their awful account statements to figure out where the money was leaking out.

11 Oct 2008mark
put my aud/us sell just before RBA announced rate cut...didn't go thou. lost 74 pips...thanks gft...had issues with platform. froze computer a few times

GFT Forex

Global Forex Trading was founded in 1997 as subdivision of Global Futures & Forex, Ltd. Residence, Regulation, and Company Management Structure The company is registered in the US, is registered with the CFTC, and is a member of the FCM. A company has a few offices - their addresses are mentioned, the maps of their locations are available and he managers of company and its subdivisions are listed. The company is positioned as an MM, but the banks-partners (liquidity...

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