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GTFX

China|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

http://www.gtfxpro.com/index.php?m=content&c=index&a=lists&catid=27

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
GTFX-Demo MT4
Server Location United States

Contact

http://www.gtfxpro.com/index.php?m=content&c=index&a=lists&catid=27

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

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Broker Information

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Company Name

GTFX

Company Abbreviation

GTFX

Platform registered country and region

China

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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GTFX · Company Summary

Aspect Information
Company Name GTFX
Registered Country/Area China
Founded Year 2015
Regulation Unregulated
Minimum Deposit 1000 yuan
Products Asset management,Options,Futures,Commodities
Trading Platforms GTFX App
Demo Account Available
Customer Support Online chat
Deposit & Withdrawal Bank transfer,credit/debit card,third-party payment(like we-chat payment)

Overview of GTFX

GTFX is a China-based company founded in 2015, specializing in financial services. Operating in an unregulated environment, the company offers a range of products including asset management, options, futures, and commodities trading.

With a minimum deposit requirement of 1000 yuan, GTFX provides its services through the GTFX App, which also offers a demo account for prospective clients.

Customer support is available through online chat, and clients can conveniently make deposits and withdrawals using bank transfers, credit/debit cards, and third-party payment methods like WeChat payment.

Overview of GTFX

Is BVB TRADE Legit or a Scam?

GTFX, founded in 2015 and headquartered in China, currently operates as an unregulated financial entity. Unlike many financial institutions that are subject to stringent regulatory frameworks, GTFX does not fall under the purview of any specific regulatory authority, which means it operates without the same level of oversight and investor protection measures typically associated with regulated entities in the financial industry.

Pros and Cons

Pros Cons
Product Variety Lack of Regulation
Accessible Minimum Deposit Risk of Unregulated Trading
Demo Account Limited Transparency
Multiple Deposit Methods No Investor Protection
Online Customer Support Limited Legal Recourse

Pros:

  1. Product Variety: GTFX offers a wide range of financial products, including asset management, options, futures, and commodities, providing clients with many investment opportunities.

  2. Accessible Minimum Deposit: With a minimum deposit requirement of 1000 yuan, GTFX will be more accessible to individuals with limited initial capital compared to some other financial institutions.

  3. Demo Account: The availability of a demo account allows clients to practice and familiarize themselves with the trading platform and strategies before committing real funds, making it suitable for newcomers to the financial markets.

  4. Multiple Deposit Methods: GTFX facilitates deposits and withdrawals through various methods, including bank transfers, credit/debit cards, and third-party payment systems like WeChat payment, enhancing convenience for clients.

  5. Online Customer Support: GTFX provides online chat support, ensuring that clients can easily reach out for assistance and queries, potentially offering quick responses to their concerns.

Cons:

  1. Lack of Regulation: GTFX operates without specific regulatory oversight, which will raise concerns about the security and protection of clients' funds and investments.

  2. Risk of Unregulated Trading: Unregulated entities often carry a higher level of risk, as they will not adhere to the same industry standards and safeguards as regulated counterparts, potentially exposing clients to greater financial risk.

  3. Limited Transparency: The absence of regulatory requirements will result in limited transparency regarding the company's financial practices and operations, leaving clients with less information to assess the company's trustworthiness.

  4. No Investor Protection: Clients will not benefit from investor protection schemes typically offered by regulated financial institutions, leaving them vulnerable in case of financial difficulties or disputes.

  5. Limited Legal Recourse: In the absence of regulatory oversight, clients will have limited legal recourse or avenues for resolving disputes with GTFX, potentially complicating matters in the event of conflicts or issues.

Pros and Cons

Products

The products offered by GTFX include:

  1. Asset Management: GTFX offers asset management services, where clients can entrust their investments to professional fund managers. These managers make strategic decisions on behalf of clients to maximize returns while managing risks. Examples of assets that can be managed include stocks, bonds, mutual funds, and real estate investment trusts (REITs).

  2. Options Trading: GTFX provides options trading, allowing clients to buy and sell options contracts. Options give investors the right, but not the obligation, to buy or sell underlying assets at a specified price before a predetermined expiration date. Common examples of underlying assets in options trading include stocks, indices, and commodities like gold and oil.

  3. Futures Trading: Futures trading at GTFX involves buying or selling contracts for the future delivery of specific commodities or financial instruments. Traders can speculate on price movements without owning the underlying asset. Examples of commodities traded in futures include wheat, crude oil, and natural gas. Financial futures can involve indices like the S&P 500 or currency pairs like EUR/USD.

  4. Commodities Trading: GTFX offers commodities trading, allowing clients to trade a variety of physical goods or raw materials. Examples of commodities traded include precious metals like gold and silver, energy commodities like oil and natural gas, and agricultural products like corn, soybeans, and coffee. Traders can profit from price fluctuations in these tangible assets.

Products

How to Open an Account?

Opening an account with GTFX is a straightforward process that typically involves the following four steps:

  1. Registration and Documentation:

    To begin, visit the official GTFX website and navigate to the registration page. Fill out the required personal information, including your name, contact details, and financial information.

  2. Account Type and Funding:

    Next, choose the type of account you wish to open with GTFX. Depending on your preferences and trading objectives, they will offer various account options, such as standard, premium, or VIP accounts. Select the one that best suits your needs. Then, make an initial deposit to fund your account.

  3. Platform Access and Trading:

    Once your account is funded and verified, you will receive access to the GTFX trading platform, such as the GTFX App. Download and install the platform if necessary. Log in using the credentials you created during the registration process.

  4. Start Trading:

    With your account funded and the platform ready, you can begin trading. Determine your trading strategy, select the assets you wish to trade (such as currencies, commodities, or options), and execute your orders. GTFX provides various trading tools and resources to assist you in making informed decisions.

Trading Platform

GTFX offers its clients access to the GTFX App as its primary trading platform. The GTFX App is a user-friendly and feature-rich application designed for trading a variety of financial instruments, including options, futures, commodities, and more.

Within the platform, traders can access real-time market data, advanced charting tools, technical analysis indicators, and order execution capabilities. The platform also supports mobile trading, allowing users to trade on-the-go using smartphones and tablets.

With a range of trading features and intuitive interface, the GTFX App aims to provide clients with a seamless and convenient trading experience.

Trading Platform

Deposit & Withdrawal

GTFX offers a range of deposit and withdrawal methods to facilitate financial transactions for its clients. The minimum deposit requirement at GTFX is 1000 yuan. Clients can fund their accounts and withdraw funds using the following methods:

  1. Bank Transfer: Clients can transfer funds to their GTFX trading accounts via bank transfer. This method typically involves a direct transfer from the client's bank account to the GTFX account. It is a secure and widely accepted way to deposit and withdraw funds.

  2. Credit/Debit Card: GTFX also accepts credit and debit card payments, providing a convenient and swift way to fund trading accounts. Clients can use major credit cards like Visa, MasterCard, or others, depending on GTFX's accepted card options.

  3. Third-Party Payment (e.g., WeChat Payment): GTFX will offer third-party payment methods such as WeChat Payment, which is a popular mobile payment service in China. This option allows clients to make deposits and withdrawals using their third-party payment accounts.

Deposit & Withdrawal

Customer Support

GTFX offers customer support primarily through an online chat system, allowing clients to connect with the company's support team for assistance and inquiries. The availability of customer support through online chat ensures quick access to assistance.

In conclusion, GTFX is a China-based financial company founded in 2015, offering a range of investment products such as asset management, options, futures, and commodities trading.

Additionally, the company offers customer support through online chat and multiple deposit methods, including bank transfers, credit/debit cards, and third-party payment options like WeChat payment.

It's essential for investors to carefully consider their risk tolerance and conduct thorough due diligence when considering GTFX as a financial service provider.

Conclusion

In conclusion, GTFX is a China-based financial company founded in 2015, offering a range of investment products such as asset management, options, futures, and commodities trading.

While it provides accessible minimum deposits and a demo account for practice, potential clients should note that GTFX operates in an unregulated environment, which may entail higher risks and a lack of investor protection.

Additionally, the company offers customer support through online chat and multiple deposit methods, including bank transfers, credit/debit cards, and third-party payment options like WeChat payment.

It's essential for investors to carefully consider their risk tolerance and conduct thorough due diligence when considering GTFX as a financial service provider.

FAQs

Q: When was GTFX founded?

A: GTFX was founded in 2015.

Q: Is GTFX regulated?

A: No, GTFX operates in an unregulated environment, which means it lacks specific oversight from financial regulatory authorities.

Q: What is the minimum deposit required to open an account with GTFX?

A: The minimum deposit requirement for a GTFX account is 1000 yuan.

Q: What trading platforms does GTFX provide?

A: GTFX primarily offers the GTFX App as its trading platform, which supports various financial instruments and trading features.

Q: How can I contact customer support at GTFX?

A: You can reach GTFX's customer support team through online chat for assistance and inquiries.

Q: What deposit and withdrawal methods are available at GTFX?

A: GTFX allows clients to deposit and withdraw funds using methods such as bank transfers, credit/debit cards, and third-party payment options like WeChat payment.

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FX1104291322
more than one year
The company GTFX's website can no longer be opened! Fortunately, I will not trade with it when I see no regulatory information. Hope I don't get scammed.
2022-12-08 10:30
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