Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

G FOREX Trade Market

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.gftmarketrade.com/index.html

Website

Rating Index

Contact

https://www.gftmarketrade.com/index.html
Suite 305, Griffith Corporate Center, Beachmont, P.O.Box 1510, Kingston, St. Vincent & the Grenadines

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
G FOREX Trade Market Limited
Email
gft-uk@domainname.com
Address
Suite 305, Griffith Corporate Center, Beachmont, P.O.Box 1510, Kingston, St. Vincent & the Grenadines
Account Info
Verified Site
About Us
Wiki Q&A
Comment

Users who viewed G FOREX Trade Market also viewed..

fpmarkets

fpmarkets

8.88
Score
ECN Account20+ yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
fpmarkets
fpmarkets
Score
8.88
ECN Account20+ yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
PUPRIME

PUPRIME

8.53
Score
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
PUPRIME
PUPRIME
Score
8.53
ECN Account5-10 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
EC markets

EC markets

9.24
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
EC markets
EC markets
Score
9.24
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • gftmarketrade.com
    106.51.65.187
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review 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.

wikifx-score

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.

market-instruments

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.

account-types

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”.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How safe is trading with G FOREX Trade Market?

Trading with G FOREX Trade Market involves significant risk. The broker operates without any valid, authoritative forex trading licenses from major international regulators. It is registered in Saint Vincent and the Grenadines, a jurisdiction not known for strict financial oversight, and its WikiFX score of 1.47 reflects a high-risk profile. Engaging with this unregulated offshore entity carries inherent risks to capital, as it lacks credible investor protection mechanisms.

04-02
United States

Which regulator oversees G FOREX Trade Market?

G FOREX Trade Market is not overseen by any major financial regulator. The entity operates from Saint Vincent and the Grenadines, a jurisdiction that does not provide active regulatory supervision for forex brokers. Therefore, it lacks credible mainstream financial oversight.

04-02
United States

Is G FOREX Trade Market suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose G FOREX Trade Market or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with G FOREX Trade Market?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
View More
Write a Review
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com