Brief Understanding Of GFS
GFS Offers Currency Pair And CFD Trading Of Stocks, Indices, Commodities, Metals And Cryptocurrencies On MetaTrader 5. Free Demo Accounts And A Single Real Account Type With No Initial Deposit Requirement Are Offered. Original Spreads Start From 0 Pips And The Transaction Fee Is $10 Per Lot. Free Deposit And Withdrawal Methods Are Bank Transfers, Bank Cards And Online Payment Systems. Maximum Leverage Is 1:500. GFS Also Offers Copy Trading And Partner Programs For Additional Income Opportunities. Some Of The Shortcomings Of GFS That TU Experts Have Found Include Lack Of Bonuses Or Special Promotions, Educational Resources, News And Analysis. We Provide 24/7 Technical Support Through Multiple Communication Channels.
Advantages Of Trading At GFS:
Offers Free Demo Accounts And Micro-lot Trading;
No Minimum Deposit Requirements For Account Types;
Raw Spreads Ensure Low Trading Fees;
Flexible Leverage Range From 1:1 To 1:500;
Deposits And Withdrawals Are Made Using Popular Methods Without Paying Brokerage Fees;
MetaTrader 5 Is Easy To Use, Customizable, And Offers Many Built-in Features;
You Can Use It By Phone, Email, And In Real Time Chat To Get Technical Support.
Disadvantages Of GFS:
No Joint Accounts, Crypto Pledges, Or Other Passive Income Options;
Relatively High Transaction Fees;
This Broker Does Not Offer Its Services To Residents Of Belgium, North Korea, And Some Other Countries.
Market Tools
GFS Offers A Wide Range Of Trading Tools, Including:
- Forex: GFS Offers More Than 100 Currency Pairs To Trade, Including Major Currency Pairs, Minor Currency Pairs, And Exotic Currency Pairs.
- Stocks: GFS Offers Stock Trading On More Than 20 Stock Exchanges Worldwide, Including The New York Stock Exchange (NYSE), The London Stock Exchange (LSE), And The Tokyo Stock Exchange (TSE).
- Cryptocurrencies: GFS Offers Trading On More Than 20 Cryptocurrencies, Including Bitcoin, Ethereum, And Litecoin.
- Indices: GFS Offers Index Trading From More Than 10 Different Countries, Including The Standard & Poor 500 Index, The Dow Jones Industries Average Index, And The Nikkei 225 Index.
- Commodities: GFS Offers Trading In Commodities Such As Gold, Silver, Oil And Gas.
Leverage
Leverage Is A Financial Instrument That Allows A Trader To Control A Larger Position Than An Equity Fund. This Is Done By Borrowing Money From A Broker To Fund A Trade.
GFS Offers, With A Maximum Leverage Of 1:500. This Means That For Every $1 You Deposit, You Control A Position Worth $500. For Example, If You Deposit $100 And Trade EUR/USD With 1:500 Leverage, You Will Be Able To Control A Position Worth $50,000.
Leverage Can Amplify Your Profits, But It Can Also Amplify Your Losses. If The Market Moves Against You, You May Lose More Money Than You Deposit. It Is Important To Use Leverage Cautiously And Understand The Risks Involved Before Using It.
Spreads And Commissions
GFS Offers As Low As 0.8 Pips For 60 + Currency Pairs. This Means That For Every $100 You Trade, You Will Pay A Spread Of $0.80. For Example, If You Trade EUR/USD With A Spread Of 0.8, You Will Pay $0.80 When Opening A Position And $0.80 When Position Squaring. However, GFS Does Not Disclose Any Commission Information.
Trading Account Opening
To Start Using GFS, Register On Its Official Website, Pass Verification, Open A Real Account, Make A Deposit And Download The Trading Platform. To Eliminate Any Problems With The Program, TU Experts Have Prepared A Detailed Guide About The Program And Describe The Main Features Of GFS User Accounts.
1 Go To The Broker's Website And Select The Desired Interface Language In The Upper Right Corner. Click The "Register" Or "Real Account" Button.
2 Provide Your Name And Email. Create A Password And Enter It Twice. Enter The Referral Code (if Available) And Click The "Send Email Verification Code" Button.
3 The System Will Send A Verification Code To Your Registered Mailbox. Copy And Paste It Into The Corresponding Field Of Regedit. Check The Box To Agree To The Terms And Conditions And Click The "Register" Button.
4 Log In To Your User Account With Your Email And Password. Enter The Verification Code And Check The "Remember Me" Box To Avoid Re-entering Your Registration Data.
5 Enter Your First Name, Last Name And Gender. Select Your Country Of Residence. Provide Your Phone Number And Address Of Residence. Select The File Type To Confirm Your Identity And Enter Its Number.
6 Follow The On-screen Instructions To Upload A Scanned Copy Or Image Of The Required Document. Once Uploaded, Click The "Submit" Button.
7 Go To The My Trading Account Section And Click The "Open Trading Account" Button. Select The Account Type. Read And Agree To The Terms And Conditions.
8 To Deposit Funds, Go To The "Asset Management" Section And Click The "Deposit" Button. Select The Desired Account And Deposit Method, Then Enter The Amount. Follow The On-screen Instructions. After Successful Processing, The Funds Will Be Credited To Your Account.
9 Download The MT5 Platform And Install It On Your Device. Launch It, Enter Your Registration Data, And Start Trading.
Account Type
GFS Offers A Single Account Type With No Initial Deposit Requirements And Withdrawal Fees. Spreads Are Raw, While Transaction Fees Are Acceptable. The Broker's Clients Can Trade Micro Lots And Choose Any Leverage Within The Available Range. The Trading Platform Offered Is MT5, Which Offers A Comfortable Environment And Opportunities For Customization. As A Result, Traders Rely On Their Trading Preferences, Experience And Financial Ability.
Account Type:
Demo Account
This Account Type Is Offered Free Of Charge For A Limited Time. Its Parameters Correspond To Those Of The Real Account. Since The Trading Is Done Using Virtual Currency, No Deposit Is Required.
Real Account
There Is No Minimum Deposit Requirement. The Spread Starts From 0 Pips And The Trading Fee Is $10 Per Lot. The Leverage Is Up To 1:500. Traders Have Access To All Available Assets.
New GFS Clients Typically Start With A Demo Account To Explore The Platform, Test Strategies, And Evaluate Suitability. Satisfied Traders Can Then Seamlessly Transition To A Live Account With Micro-lot Trading Capabilities.
Deposits And Withdrawals
After Successfully Trading On A Live Account Type, Traders Receive Profits That Can Be Withdrawn In Whole Or In Part Through The User's Account.
Available Withdrawal Methods Include Bank Transfers, Bank Cards, And Online Payment Systems.
Withdrawal Requests Will Be Processed Within 24 Hours.
Regardless Of The Method Employed, Brokers Do Not Charge Withdrawal Fees, However, Payment Providers May Charge Their Own Fees.
Investing, Options
While Most Traders Come To Brokers To Actively Trade Global Markets, Some Clients May Be Interested In Additional Income, Especially Passive Options. Many Brokers Offer Copy Trading, Joint Accounts, Or Crypto Pledges. The Most Common Option Is A Partner Program That Offers Stable Additional Income.
Referral Program
Every GFS Client Can Participate In This Program And Attract New Clients To Join The Broker. Users Who Register And Start Trading On The GFS Website Using A Partner Link, Bring Their Fee Percentage To The Referrer. This Is A Great Income Option For Active Internet Users.
Copy Trading
Copy Trading Service Allows Traders To Participate As Signal Providers Or Investors. Signal Providers Simply Trade Their Strategies And Their Results Are Automatically Broadcast To Interested Clients. Investors Who Find The Provider's Win Rate And Trading Methods Attractive Can Subscribe To Their Signals. Now, All Provider Trades Are Automatically Copied To The Investor's Account. However, Investors Can Place Limits On Leverage And The Amount Invested. If The Trade Is Profitable, The Provider And The Investor Make A Profit Based On Their Investment. In Addition, Signal Providers Also Charge Investors For Their Services. If The Trade Loses Money, Everyone Loses Money. Copy Trading Is Not Only A Passive Income Option, But It Also Offers A Unique Experience, Especially For Novice Traders.
Customer Support
New Broker Clients May Have Various Questions Due To Various Reasons. To Assist Them, GFS Offers Efficient Technical Support Available 24/5 Via Phone, Email, Live Chat And Tickets.
