General Information
GFC Global Is A Trading Platform Established In 2021 And Based In The United Kingdom. It Is Not Regulated By Any Particular Regulatory Authority. The Company Offers Two Main Account Types: Standard Forex Trading Account And Mini Forex Trading Account. It Offers Multiple Trading Platforms, Including GFC Web Trader And MetaTrader 5, And Offers Tradable Assets Such As Forex, Stock Indices (CFD) And Raw Materials.
GFC Global Is Currently In A State Of No Effective Regulation.
Restricted Areas
Global Financial Contracts Does Not Provide Services To Residents Of Certain Jurisdictions, Such As Afghanistan, Democratic People's Republic Of Korea, Ghana, Islamic Republic Of Iran, Iraq, Libya, Mongolia, Myanmar, Nicaragua, Panama, Somalia, Syrian Arab Republic, Uganda, United States, Yemen, Zimbabwe.
Advantages And Disadvantages
Advantages
- Low Spreads Over 120 Currency Pairs
- Leverage Up To 400:1
- Demo Accounts Available
- Flexible Leverage Options
- Demo Accounts Available
- Lack Of Regulation
- Exchange Premiums For Deposits In Different Currencies
- No 24/7 Live Video Chat Support
Disadvantages
Trading Tools
GFC Global Offers Traders The Opportunity To Trade Forex, Stock Indices (CFDs) And Raw Materials.
Account Types
GFC Global Offers Two Real Account Types, Namely Standard Forex Trading Account And Mini Forex Trading Account.
The Minimum Deposit Amount For The Standard Forex Trading Account Provided By GFC Global Is USD 2,500.00. Using This Account Type, Users Can Gain Leverage Of 400:1 In Forex Spot Trading. Traders Can Benefit From Spreads On More Than 120 Currency Pairs.
The Mini Forex Trading Account Provided By GFC Global Requires A Minimum Deposit Of 250 Dollars. Traders Can Enjoy Leverage Of 400:1 And Real-time Profits.
Leverage
GFC Global Allows Clients Maximum Leverage Of 400:1.
GFC Global Fees
GFC Global Claims To Offer A Low-cost Commission Service. Its Exact Amount Is Not Disclosed.
Trading Platform
GFC Global Chooses MT5 To Cater To Clients With Different Preferences. MetaTrader 5 Is A Multi-asset Platform That Allows You To Trade Forex, Stocks And Futures. It Provides Excellent Tools For Integrated Price Analysis, Use Of Algorithmic Trading Applications (trading Robots, Expert Advisors), And Replication Trading.
Deposits And Withdrawals
GFC Global Opens A Standard Forex Trading Account With A Minimum Deposit Amount Of USD $2,500.00 And A Mini Forex Trading Account With A Minimum Deposit Amount Of USD $250.00.
When Making A Deposit, Please Refer To The Account Holder's Name And GFC Account Number. It Is Important To Emphasize That The Currency Of The Deposit Should Be The Same As The Base Currency Of The Global Financial Firm Account, As Banks Can Exchange The Funds At A Nominal Fee.
If A Deposit Is Required In A Different Currency Than The Base Currency Of The GFC Account, GFC Global Will Exchange The Funds At The Current GFC Request (buy) Exchange Rate Plus A Maximum 3% Exchange Premium.