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Independent rating of Forex broker GFC Markets

3/10 (votes 100)

On-line since
2006
Country of origin
Cyprus
Regulation
CySEC - Cyprus Securities and Exchange Commission (ID: 092/08)
Payment options
wire transfer, credit cards, WebMoney
Minimum account size
$100
Minimum lot size
0,01
Leverage
up1:100 to 1:200 
Spreads
3 pips on EUR/USD 

GFC Markets is a licensed and regulated EC Forex broker of CFD trading controlled by Safecap Investments Limited company.
The company was founded by Forex trading experts and businessmen, who had achieved remarkable success participating in many online projects. The company is committed to providing both beginners and experienced traders with simple and effective decisions for trading on the international foreign exchange market.

Comments

Author: Yutte Date: 2022-03-11 03:17:20 (UTC+3)
This broker is ridiculous. Their system and service were not professional, they delay executing orders, and spread is so high. Also, their support team is the worst, I have sent my request to help me solve problems, but they did not reply even ignore my request. They also had many hidden rules that led your trades to come to fail. Stay away from this broker.
Author: Juha Date: 2021-11-17 07:00:57 (UTC+3)
GFC Markets is not a promising broker. They have high spreads and poor customer support languages. I have no idea on how they manage their clients, and they have unprofessional support service. I have requested a withdrawal of profit of about $400, but I have to wait for so long. Only After 3 days, I can get my money into my bank account.
Author: Gianna Date: 2021-08-20 08:38:31 (UTC+3)
I had an issue with the withdrawal of my profits at GFC Markets. It was delayed for two weeks but thankfully, the representatives kept providing updates. And I still got the money in the end.
Author: Misya Date: 2021-07-16 04:47:31 (UTC+3)
GFC Markets is not a professional broker. I don't find any good services from them. Their trading platform has slow executions and floating spreads. Their system down too often. And their support team is ignorant people. Last time I made withdrawal they charged me $50 for withdrawal fees. Beside bad broker, they are also market player. They fake the price, and it's really matters for my trading. That's why I closed my account at this broker.
Author: Aleksa Date: 2021-05-03 07:57:59 (UTC+3)
GFC Markets has made me realize that not because a company is regulated, it is automatically reliable. Yes, your funds are surely secured but the trading services are still not guaranteed with good quality. The platform at this broker lags all the time making it difficult to make a trade.
Author: Alberto Date: 2021-03-17 01:01:46 (UTC+3)
I had a terrible trading experience with GFC Markets. I'm trading standard accounts with GFC Markets, and it's highly verified. The problem started when I tried to withdraw my profit after four months of trading with them, and It was around $500. But what they did was refused to credit the money, and the most painful part was they blocked my trading account permanently due to heavy violations. I was expecting my $500 profit. All profit I gained in these four months is just gone. I also tried to contact the staff of this broker yesterday and got a response that my request cannot be appealed anymore.
Author: Salas Date: 2020-11-20 01:38:25 (UTC+3)
I feel so guilty after I opened an account at GFC Markets broker. Their platform works so worst, spreads is insane, and order execution always delay. I kept losing my money due to their bad platform quality. Their customer service also slows in responding. Many times I'm complaining about the issues in the platform, but this broker does not seem to do anything about it. I decide to stop my trading here. I have a terrible experience with this broker. So I don't recommend them.
Author: Sghrir Date: 2020-09-13 07:24:06 (UTC+3)
I am a professional trader, I have been trading with GFC Markets since July since then I had no big problems. I feel affection for their trading platforms and the access I get through their system. They offer a wide range of instruments like fx, share and cfd’s. I stared with 500$ and within 3 months I earned profit of 1302$. I already withdraw 1000$ from my profit last month and I was amazed that I got my money within three hours. I have nothing to say bad about GFC Markets.
Author: Oweng Date: 2020-09-11 04:45:40 (UTC+3)
For me, GFC Markets is good enough. It is a decent Forex broker with a workable trading platform. The trading cost is also not a burden. However, I think they would be more inclusive and more convenient for others if they widen their options for payment method. It may be a downside for others.
Author: CarryTrader Date: 2016-10-03 11:09:24 (UTC+3)
Very popular broker with average trading conditions. But news trading is unreal - crazy spreads and slippages and sometimes even requotes. It seems more like a bucket shop rather then ECN broker. All complaints, found the typical excuses that are technical points and fix everything soon. Add me in skype - vovkfx, and I will help you to choose the best broker for you.

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