Forex GFT Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

GFT Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@goldfxtrading.com

Contact Number +442081444520

Website web.goldfxtrading.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Accessible minimum deposit requirement for beginners
Trading platform: MetaTrader 4 with advanced features
Multiple account types catering to different trader profiles
Customer support available via email, phone, and live chat

Cons

Not regulated by any recognized financial authority
Cloned FCA license raises serious regulatory concerns
Limited educational resources for traders
Potential deposit and withdrawal fees depending on payment method
High minimum deposit requirement for some account types

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	GFT	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does GFT Offer?

Account Type	Target User Group	Key Characteristics	Applicability Notes
Basic Account	Beginner traders	Accessible minimum deposit	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage options	Requires trading volume qualifications
Extended Account	Corporate clients	Customized services	Requires corporate documentation

Account Opening Process

To open an account with GFT, traders must submit personal information, including identity verification documents such as an ID and proof of address. Additionally, employment and financial information will need to be provided. GFT allows for account flexibility, enabling traders to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.2 – 1.8	$0	Varies based on market conditions
CFDs (Stocks, Indices, Commodities)	Varies	$0	Dependent on asset class
Cryptocurrencies	Varies	$0	Market volatility affects spreads

Other Fees

Other potential fees with GFT include deposit and withdrawal fees, which may vary by payment method. Inactivity fees may apply if an account remains dormant for an extended period. There are no specific platform usage fees mentioned, and overnight interest (swap rates) could be applicable based on account type and position holding. Currency conversion fees may also apply when trading different currency pairs.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

GFT User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

London

★ ★ ★ ★ ★

I had issues with the withdrawal process. It took longer than expected, and customer support was not very helpful. They seemed overwhelmed and couldn’t provide clear answers. I am quite disappointed with my experience so far.

Emily Johnson

Manchester

★ ★ ★ ★ ★

I’ve been trading with GFT for a few months and I appreciate the variety of trading instruments available. The MT4 platform is user-friendly and I find the spreads to be acceptable. Overall, a solid choice for someone starting out.

Michael Brown

Birmingham

★ ★ ★ ★ ★

I regret opening an account with GFT. They claim to offer various services, but I encountered so many issues with customer support. My withdrawal requests were delayed and I felt like I was treated poorly. I would not recommend this broker.

Sarah Wilson

Liverpool

★ ★ ★ ★ ★

GFT has been great for my trading journey! The platform is fast and reliable, and I love the mobile app for trading on the go. Customer support has been responsive when I reached out. I feel confident trading here.

United Kingdom Market