Introduction
GFFBrokers.com is an online broker that provides traders with a web-based platform for trading forex, CFDs, and precious metals. The company is based in the Republic of Seychelles and is owned by GFF International Limited. GFF Brokers is regulated by the Financial Services Authority (FSA) of Seychelles. The FSA is a regulatory body that supervises non-bank financial institutions in Seychelles. In this review, we will take a look at the broker’s regulation, platforms, pros and cons, as well as trader ratings.
About GFFBrokers.com
GFFBrokers.com is an online broker that offers a variety of financial products and services to its clients. The company was founded in 2009 and is headquartered in New York, USA. GFFBrokers.com is regulated by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The broker offers three types of accounts – Mini, Standard, and VIP – which can be funded with a minimum deposit of $500. All accounts come with a demo account, 24/7 customer support, and a free education center.
GFFBrokers.com provides its clients with two trading platforms – MetaTrader 4 (MT4) and WebTrader. The MT4 platform is available for desktop, web, and mobile devices, while the WebTrader platform can be accessed from any web browser. Both platforms offer a variety of features and tools that can help traders boost their trading performance.
In addition to forex, GFFBrokers.com also offers CFDs on commodities, indices, stocks, and cryptocurrencies. The broker charges a commission of $5 per lot on forex trades and $10 per lot on CFD trades. It also charges a spread of 0.1-0.5 pips on major currency pairs.
Regulations
GFF Brokers is a regulated online broker offering trading in forex, CFDs, and precious metals. The company is registered with the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant and is a member of the National Futures Association (NFA).
GFF Brokers offers the MetaTrader 4 and GFFDirect platforms for trading forex, CFDs, and precious metals. The MetaTrader 4 platform is available in three versions: desktop, web-based, and mobile. The GFFDirect platform is available only in a desktop version.
The minimum deposit for a live account is $250. The leverage ratio is up to 1:200 for forex pairs and up to 1:100 for other instruments.
The company provides 24/7 customer support via live chat, email, or phone.
Platforms
GFFBrokers.com is a forex and CFD broker that offers its clients a choice of two trading platforms: the MetaTrader 4 (MT4) platform and the GFFTrader platform. Both platforms are available for desktop, web, and mobile devices.
MetaTrader 4 is one of the most popular forex trading platforms in the world, offering a wide range of features and tools for both beginner and experienced traders. The GFFTrader platform is a more basic platform that is designed for simplicity and ease of use.
Both platforms offer a variety of order types, including market orders, limit orders, stop-loss orders, and take-profit orders. They also both provide access to a wide range of forex pairs, CFDs, and other financial instruments.
Pros and Cons
When it comes to online Forex trading, one of the most important things to look for is a broker that is regulated by a reputable authority. GFFBrokers.com is such a broker, being regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 258/14. This ensures that your funds are safe and that the broker operates in accordance with strict financial rules and regulations.
Another important thing to consider when choosing an online Forex broker is the trading platform they offer. GFFBrokers.com uses the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world and offers a user-friendly interface, a wide range of features and tools, and customizability options.
Now let’s take a look at some of the pros and cons of GFFBrokers.com:
Pros:
– Regulated by CySEC
– Offers the popular MT4 trading platform
– Wide range of currency pairs available for trading
– Competitive spreads from as low as 0.6 pips
– Leverage up to 1:500
– Deposit bonus up to 50%
– Personal account manager assigned to each client
Cons:
Traders Ratings
GFFBrokers.com is a forex broker that is based in the United States and it is a subsidiary of Global Futures & Forex, Ltd., which is one of the oldest and largest futures commission merchants in the country. The company has been in business since 1998 and it is a member of the National Futures Association (NFA).
The GFFBrokers.com website offers two different types of trading platforms: MetaTrader 4 and their own proprietary WebTrader platform. Both platforms are available for demo accounts as well as live accounts. The minimum deposit for a live account is $500, and the leverage offered is up to 50:1.
One of the unique features of GFFBrokers.com is that they offer “negative balance protection.” This means that if your account ever goes into negative equity, they will cover the loss for you so that you do not owe any money to the broker. This is a very valuable feature, especially for new traders who are still learning how to properly manage their risk.
In terms of customer service, GFFBrokers.com has a team of knowledgeable and friendly representatives who are available 24/5 via phone, live chat, and email. They also have an extensive FAQ section on their website that covers many common questions about their services.
Overall, GFFBrokers.com appears to be a reputable and reliable forex broker with several years of experience in the industry. They
Conclusion
GFFBrokers.com is a reliable and reputable online broker that offers a wide range of features and services to its clients. The broker is regulated by some of the most respected financial authorities in the world, which gives traders peace of mind when it comes to safety and security. The platform is user-friendly and packed with helpful tools and resources, making it a great choice for both beginners and experienced traders. Overall, GFFBrokers.com is a great option for those looking for a safe and reliable online broker.