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/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

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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
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Official Website

Verified Site

  • gftmarketrade.com
    106.51.65.187
    Server Location
    India India
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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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 is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States
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