GFT Forex Review
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 suppliers) are not listed. The company conducts client and managed accounts; offering professional, guided, management with the Satori Trading Company, and also different types of trader's support from other exterior companies.
The company the trades of currencies of 7 developed and 12 developing countries and their cross-exchanges. On every currency the name, size of tic, time of the greatest liquidity, sizes of spread and point, middle daily volume of transactions and terms of delivery are listed. All of the currency exchanges are traded with selectable financial leverages from: 400:1 to 1:1.The size of standard lot is 100 000 units of leading currency, 10 000 units on the mini-forex.
Limitations on volume of transactions were not found, on the site, as were also not other terms readily available. The size of the supporting margin is set to 25%. Trading with GFTforex is a rather expensive business. Different fees and payments are set by the company: for passivity, overnight, for withdrawing the money from account, for the transferring the funds from one account to another, etc.
The company offers a chargeable set of services for clients: an automatic trading system, translation of auction signals, professional online-comments, levels of DiNapoli and other things. Depending on the type of account, the requirements on minimum deposits are set - from $250 to $10000. Depositing / withdrawing of money are made through the traditional methods - bank order, cashier's checks. The signing of a "hard" copy contract/agreement is required for opening an account.
The auction platform of DealBookR 360 is executable (size of distributive near 16?_) and provides both basic informative services and graphic analysis. The feature of the trading platform is the "direct trading with the graph," and the changing (of an order) is done by moving the line, illustrating it. There are some original functions in DealBookR 360, as, for example; the trailing of feet and support of transactions between traders. The platform can realise the sets of popular technical indicators.
GFT Forex trading information
|Minimum position size||0.1|
|Pip spread on majors||1-2|
|Standard account, $||250|
|Micro account, $||2500|
|Popular payment methods||Credit Cards, PayPal, Wire Transfer, Check|
|Account currencies||EUR, USD, GBP, JPY|
|Available assets||Stocks, FX Options, Metals, Oil, Commodities, Indexes, Binaries, Indices, Spread Betting|
|Languages||English, Spanish, Chinese, Japanese, Korean, French, German, Portuguese, Italian, Arabic, Russian|
|Platforms||Metatrader 4, DealBook|
|Regulation||FSA , NFA, CFTC, DGCX, DMCC, ASIC, MAS|