Comments on: GFT Forex Review

By: lily

lily — Tue, 25 Aug 2009 10:59:43 +0000

Platform does have slippages at times.

By: bruno

bruno — Sun, 23 Aug 2009 14:37:55 +0000

GFT is one of those award winning businesses, and its cool doing trading with them. Demo was excellent, and they literally walk you through the whole forex trading procedures. For the majors I got spread in the 3-4 range and leverage up to 200:1. I Didn’t run into any slippage with them.

Now I was told to open a mini account for $500 with funding either by credit card or wire transfer. An awesome 120 currency pairs could be traded in the platform, so I guess calling GFT a global leader wouldn’t be off the mark.

Now coming to the specifics of the platform, that’s where you begin to understand what GFT is all about. They have 3 types of platforms namely, Deal Book 360, Deal book web, and Deal book mobile. There is this unique feature of the GFT platforms that allow you to set your own bid price, your own spread, and if the trader at the other end agrees you could just conduct the trade. Real solid broker with a very solid platform, and a top class broker at that.

By: james

james — Sun, 03 Aug 2008 13:42:39 +0000

I guess its the leveraged situation that causes the problems—not with gft but others as well.But if you had adequate capital and patience then gft is as good or bad as any other platform.

By: neetu

neetu — Wed, 18 Jun 2008 16:58:32 +0000

Peters, how can you be sure they arent trading against you? Charting at times is on opposites;if metatrader were going one way GFT could be going just the opposite way, that what it looks like at times.

By: peters

peters — Tue, 17 Jun 2008 16:57:08 +0000

No I dont think they trade against you. Thats for sure.Yes the better leverage helps, but that calls for more cash to start off. The bigger the better kinda situation

By: juke

juke — Sun, 08 Jun 2008 10:31:49 +0000

Romnick, if you trade on a small capital of say $300-$500 you are always in a highly leveraged situation, and when a trend breaks-out you loose. Cant blame GFT for that. Or do they trade against you? Thats something I wouldnt know.

By: romnick

romnick — Fri, 06 Jun 2008 14:54:38 +0000

Yeah, I find prices fluctuate wildly here and you end up loosing capital—so much for experience.

By: sunny

sunny — Thu, 05 Jun 2008 13:16:32 +0000

GFT platform is good for the experienced,and bad for the novice.Agreed they have the smartest charting going back by more than an year—but then not everyone is an expert in deciphering charts.