The Gft Forex broker is a highly regulated, online trading platform. You can choose the currency pair that suits your trading style best. With the help of their educational materials and online trading tools, you can become a successful trader in no time. The following are the benefits of using this broker. Let s learn more about the Gft Forex broker. Here are three things that you need to know. Ensure that you re working with a legitimate broker.
GFT offers a practice account for its customers to get familiar with the platform and trading methods. This demo account is customized to meet your needs and offers you access to all of GFT s trading platforms. It also offers customer support in various languages. If you have any questions or issues, you can call up their dealing desk and get immediate help. It is recommended that you contact GFT customer service before you trade live. This will prevent you from incurring any unnecessary costs while trading.
The GFT forex broker has a shady history. Recently, the company has been hit by a storm from the NFA, who wanted its $20 million haircuts moved to their US bank account. The NFA gave GFT less than 48 hours to comply or they would be put into liquidation mode. This was not enough time for GFT to notify their clients and to create a succession plan. They have had the same problem with other forex brokers.
The shady trader has the right to resent a transaction. Fortunately, GFT Forex has a resenas policy, which means they have to respect resenas sent to them by clients. These are issued for resenas in exchange for the company s services. The GFT forex broker also offers an advanced trading platform for institutional money managers. However, you need to be aware of the GFT Forex s terms and conditions.
You can choose from 100:1 leverage in most major currencies, and 25:1 leverage for exotic currencies. Trailing stops are another risk management tool that many Forex traders use to manage risk. GFT makes using trailing stops easy and convenient. You can read more about GFT forex broker by reading their articles. You may also want to sign up for a free demo account to see how it works. The GFT website has a wealth of helpful information.
You can also open a demo account with a Gft Forex broker, but if you re still unsure, you can ask other brokers before making a decision. It s always best to test a broker s demo account to make sure they are reliable. There are many demo accounts available for testing, so you can use one that suits your needs. However, remember that a demo account is not a substitute for actual money.
GFT Forex offers multiple types of trading accounts, including mini accounts and standard trading accounts. It has a $250 minimum deposit, and can leverage up to 400:1 on each trade. If you re new to forex trading, GFT offers 24-hour support. Moreover, the GFT platform accepts credit cards, eChecks, and bank wires. They also offer a free practice account to help you test the software.