Corporate Overview
GFA Capital Markets Ltd ("GFA") Was Incorporated In Australia On March 26, 2019 . As A Financial Institution Group Specializing In Online Foreign Exchange Exchanges And Precious Metals Contracts For Difference (CFD) Products, GFA Aims To Provide Traders With A Diverse Range Of Trading Tools And Services.
GFA Is Headquartered In Australia And Offers A Variety Of Trading Account Types Including Mini Account, Standard Account, Premium Account And VIP Account With Minimum Account Opening Requirements Of $100, $2000, $30,000 And $300,000 Respectively . The Company Also Offers Demo Account Which Enables Users To Practice Trading In A Virtual Money Environment Without The Risk Of Real Money.
Regulatory Information
GFA Claims To Hold And Be Regulated By License Number 398104 Issued By The Australian Securities And Investments Commission (ASIC) . However, The Existence Of This License Raises Questions About Compliance . There Is Information Suggesting That GFA's Regulatory License May Be A Clone Or Fraud , And The Field Investigation Reviews Associated With This Broker Are Negative. Therefore, Despite GFA's Claim To Be ASIC Regulated, Its Legality And Reliability Are Still Worthy Of Careful Consideration.
Trading Products
GFA's Main Trading Products Include Forex Contracts For Difference (CFD) And Precious Metals Contracts For Difference . Here Are The Details:
-
Forex Contracts For Difference (CFD)
- Trading Hours Are Monday 6:15am To Saturday 4:00am (US Daylight Saving Time) , Extended To Monday 6:15am To Saturday 5:00am
- During US Winter Time Offers A Variety Of Currency Pairs , Including EUR/USD, USD/JPY, AUD/USD, Etc.
- Maximum Leverage According To ASIC's Intervention Order 30:1 (for Major Currency Pairs), 20:1 (for Minor Currency Pairs And Gold), 10:1 (for Other Commodities), And 2:1 (for Crypto Assets)
-
Precious Metals CFDs
- Trading Hours Are Similar To Forex CFDs, Monday 7:15am To Saturday 5:00am Hong Kong Time
- Multiple Precious Metals Trading Options Are Available, Including LLG/USD (100 Troy Ounces) LLS/USD (2500 Troy Ounces) And HKG/HKD (100 Troy Taels)
- Allow Traders To Perform Fractional Contract Size Operations, Such As 1/10 (0.1)
Trading Software
GFA Provides I-Wise Trading Platform, Designed For Online Forex And Precious Metals Trading. The Platform Supports Windows, MAC, Android, IOS And Web Browser Versions, With The Following Features:
- Provide Multi-platform Quotes And User-friendly Function Design, Adapt To Different Trading Habits
- Support "one-click Trading" Mode, Realize Fast Order Execution
- Allow Pending Orders And Limit Orders Functions To Meet Diverse Trading Needs
- Emphasize No Debt Guarantee To Ensure That Losses Do Not Exceed Initial Investment
Although I The Wise Platform Is Fully Functional, But Considering The Overall Compliance Issues Of The GFA, It Is Recommended To Use Its Trading Platform With Caution.
Deposit And Withdrawal Methods
GFA Only Accepts USD Deposits And Offers A Variety Of Fund Deposit Methods, Including Electronic Funds Transfer And Credit Card Payment . Customers Can Submit Deposit And Withdrawal Requests Through GFA's Customer Center . The Detailed Steps Are As Follows:
-
Deposit Process
- Fill In The Deposit Information And Upload The Important Bank Receipt
- A Dedicated Bank Team Will Follow Up And Release The Funds To The GFA Account
-
Withdrawal Process
- Submit An Online Withdrawal Request Through The Customer Center
- Withdrawals Must Meet The Amount Threshold , If The Withdrawal Amount Is Less Than $100 , A $10 Processing Fee Will Be Charged Strong >
Customer Support
GFA Provides Customer Support Through The Following Channels:
- QQ Consulting : 24-hour Account Consulting And Technical Support
- Telephone Support :
- Transaction Support: + 61285998112
- Technical Support: + 61285998113
- Headquarters Contact: + 61285998111
Core Business And Services
GFA's Core Business Includes
Strong > Forex CFD And Precious Metals CFD Trading And Offers A Variety Of Account Types To Meet Different Trading Needs. Here Are The Details Of Its Core Services:
-
Demo Accounts GFA Offers Demo Accounts That Enable Users To Practice Trading Strategies And Become Familiar With Platform Features In A Risk-free Environment.
-
Real-time Financial Marekt Data GFA Provides Real-time Market Data And Financial News Updates To Help Traders Stay Up To Date With The Latest Market Dynamics And Economic Indicators Such As Gross Domestic Product (GDP), Import And Export Data, Industrial Production, Retail Sales And Unemployment .
Technical Infrastructure
GFA's Technical Infrastructure Is Based On The I-Wise Trading Platform And Supports Multiple Trading Devices And Multi-platform Quotes . The Design Of The Platform Emphasizes User-friendliness And Efficient Execution, As Well As The Ability To Place And Limit Orders. Despite The Relatively Well-developed Technical Infrastructure, The GFA Claims To Be Regulated By ASIC And Holds License Number 398104. However, The Existence Of This License Raises Questions About Compliance. There Is Information Indicating That GFA's Regulatory License May Be A Clone Or Fraud , And The Field Investigation Reviews Associated With This Broker Are Negative.
Although GFA Is Subject To An ASIC Intervention Order, Leverage On Its CFD Products Remains Relatively High. For Example, Major Currency Pairs Can Be Traded With 30:1 , Minor Currency Pairs And Gold With 20:1 , Other Commodities With 10:1 , And Cryptoassets With 2:1 .
Market Positioning And Competitive Advantage
GFA's Main Market Positioning Is To Provide Sophisticated Traders With A Diverse Range Of Forex And Precious Metals CFD Products . Its Competitive Advantages Include:
-
Diversified Trading Products Offering A Wide Range Of Forex And Precious Metals Trading Pairs To Meet The Investment Needs Of Different Traders.
-
Flexible Leverage Despite Being Restricted By The ASIC Intervention Order, GFA Still Offers A Variety Of Leverage Ratios To Meet Traders With Different Risk Appetite.
-
Advanced Trading Platform I-Wise Platform Supports Multi-platform Trading And Provides One-click Trading And Pending Order Functions .
However, GFA's Overall Compliance Issues And Negative Reviews Have Weakened Its Market Competitiveness.
Customer Support And Empowerment
GFA Provides 24/7 Customer Support Through QQ Consulting And Phone Support Covering Account Consulting, Technical Issues And Trading Support. However, Considering GFA's Overall Compliance Issues, The Reliability And Effectiveness Of Its Customer Support May Be Questionable.
Social Responsibility And ESG
Currently, GFA Does Not Disclose Clear Social Responsibility (SR ) And Environmental, Social And Governance (ESG ) Commitments. Its Official Website Does Not Mention Specific Measures Taken In Terms Of Sustainable Development, Environmental Protection Or Social Responsibility.