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The WikiFX Score of this broker is reduced because of too many complaints!

GFS PARTNERS

United Kingdom|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.gfspartner.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
GFSPartners-Demo MT4
Server Location United Kingdom

Contact

(+852) 2790 3027
enquiry@gfspartner.com
https://www.gfspartner.com
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Traditional Chinese(HK)

(+852) 2790 3027

Korean

(+82)1811-6422

Broker Information

More

Company Name

GFS PARTNERS LIMITED

Company Abbreviation

GFS PARTNERS

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

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GFS PARTNERS · Company Summary

Since GFS PARTNERS's official website (https://www.gfspartner.com/) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering some relevant information from other official websites.

 basic-info

General Information

Registered in the United States, GFS PARTNERS is an online forex broker offering a series of trading instruments, including currency pairs, as well as some CFD products on gold, metals, oil and more through the leading MT4 trading platform, with the maximum leverage up to 1:500. Please be note that GFS PARTNERS is authorized or regulated by any regulatory authorities. Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money.

Market Instruments

GFS PARTNERS hypes that it provides easy access to a massive financial markets, with more than 250 trading assets can be traded, including currency pairs, as well as CFD products on stocks, gold, oil, and some other asset classes with a leverage up to 1:500.

Leverage

Problematically, GFS PARTNERS allows traders to use leverage of up to 1:1000, which is significantly higher than the levels regarded appropriate by many regulators. this is the typically tactic employed by many unregulated forex brokers to attract investors to jump into their traps.

However, since leverage can magnify gains as well as losses, it is wise for beginners to choose a smaller size until they gain more trading leverage.

Spreads

Since the inaccessibility of GFS PARTNERSs official website, we could not obtain spread conditions offered by this forex broker.

Trading Platform

Surprisingly, as an unregulated forex broker, GFS Partner offers its clients access to the industry-leading MT4 trading platform, which is among the most popular trading platform around the world.

MT4 features robust charting package, multiple technical indicators, as well as EA supported for traders to automated trading during all trading sessions.

Deposit & Withdrawal

Disappointingly, no information about payment methods they accept, as well as their minimum deposit requirements can be founded anywhere.

Bear in mind that most legit brokers require a minimum deposit of less than $200 for a standard account, and some common payment options accepted include major credit cards likeVISA, MasterCard, Bank Wire, and E-wallets like Netller and Skrill.

Customer Support

Traders can reach out to GFS PARTNERS about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: (+852) 2790 3027, (+82)1811-6422

Email: enquiry@gfspartner.com

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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3

Comments

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冰焰38575
more than one year
Never deal with GFS as they do not have any regulatory license which means they can scam you out of your money at will with impunity, at least for a period of time! The most important thing is safety, if your money is cheated, what is the point of other trading conditions?
2022-11-30 18:34
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0
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Garbo
more than one year
The withdrawal was delayed again and again, and finally, I can’t get in touch with them. The customer service is missing, the website is missing, and the broker is missing too. They'd better be in jail, otherwise, it's really hard to calm my anger.
2022-11-28 15:45
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0
0
xmj
more than one year
Haven’t heard this platform before, but several days before, my friend Jimmy told me that he was cheated by this platform of $1,200. He hates this black platform so much. I checked out this broker’s official website, but I failed, for its official website cannot be opened. I guess, they disappeared after stealing so many broker’s money. Beware! Guys!
2022-11-28 12:31
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