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GFX Securities

Mauritius|5-10 years|
MT5 Full License|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|


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Influence index NO.1

United States 2.53

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Server Location United States




Influence index NO.1

United States 2.53

Surpassed 32.77% brokers

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+973 17260190
NG Tower 2nd Floor, Ebene Skies, Rue de I'Institut, Ebene, Republic of Mauritius


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+973 17260190


+230 4687154

Broker Information


Company Name

Gilgamesh Financial Services

Company Abbreviation

GFX Securities

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Company website

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Warning: Low score, please stay away! 3
Previous Detection : 2024-05-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0562407) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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GFX Securities · Company Summary

Aspect Information
Company Name GFX Securities
Registered Country/Area Mauritius
Founded year 2019
Minimum Deposit $200
Maximum Leverage 1:500 for forex trading
Spreads Start from 0.0 pips
Trading Platforms MetaTrader 5 (MT5) trading platform
Tradable assets Forex, commodities, indices, and cryptocurrencies
Account Types Standard accounts, advanced accounts, Pro accounts, business accounts, prime accounts
Customer Support 24/7 via email or live chat
Deposit & Withdrawal Bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, WebMoney, Bitcoin, Ethereum, Litecoin, Tether (USDT), Ripple (XRP), Bitcoin Cash (BCH), Dash (DASH), Monero (XMR), Zcash (ZEC), and more.
Educational Resources Webinars, tutorials, and market analysis


GFX Securities is a financial investment services company that aims to provide the best possible services in the field of trading and investment in the global markets. GFX Securities offers a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies. The companys trading platform is designed to be user-friendly and intuitive, making it easy for traders of all levels to use. GFX Securities offers its clients access to the MetaTrader 5 (MT5) trading platform, which is widely regarded as one of the best trading platforms available in the market. MT5 is a powerful and versatile platform that offers advanced charting capabilities, technical analysis tools, and customizable indicators. It also provides traders with access to real-time market data, news feeds, and economic calendars.

GFX Securities provides its clients with access to a dedicated account manager who can assist them with any questions or concerns they may have. Its customer support team is available 24/7 via email or live chat. The company also provides its clients with access to a range of educational resources, including webinars, tutorials, and market analysis.


Market Instruments

GFX Securities provides a diverse range of trading products and additional services to cater to the needs of its clients. Here's a detailed description of their offerings:

Trading Products:

  1. Forex (Foreign Exchange): GFX Securities offers forex trading, allowing clients to engage in the exchange of currencies. This is a popular choice for those interested in currency pair trading.

  2. CFDs (Contracts for Difference): Clients can trade CFDs on various underlying assets, including stocks, indices, commodities, and cryptocurrencies. CFDs enable traders to speculate on price movements without owning the actual assets.

  3. Stocks: While GFX Securities has a limited stock offering, it is actively expanding this section. Clients can trade shares of publicly traded companies.

  4. Indices: GFX Securities provides CFDs on a wide range of indices like the S&P 500, Dow Jones Industrial Average, and NASDAQ 100. This allows traders to participate in the performance of entire markets.

  5. Commodities: Traders can engage in CFD trading on various commodities like gold, silver, oil, and natural gas. This provides exposure to commodity price movements without physical ownership.

  6. Cryptocurrencies: GFX Securities offers CFD trading on select cryptocurrencies, such as Bitcoin and Ethereum. This enables clients to speculate on cryptocurrency price changes.

Additional Services:

  1. Margin Trading: GFX Securities offers margin trading, allowing traders to use leverage to amplify their positions. While this can enhance potential profits, it also increases the risk of losses.

  2. Copy Trading: The platform provides a copy trading feature, where traders can automatically replicate the trades of more experienced investors. This is a valuable learning tool for beginners and a way to follow successful strategies.

  3. Research: The platform offers various research tools, including market news, technical analysis, and fundamental analysis. These resources help traders make informed decisions based on market trends and data.

Account Types

GFX Securities offers a range of distinct account types to cater to the diverse needs and preferences of traders. Each account type comes with its own set of features and benefits, allowing traders to choose the one that aligns best with their trading goals and strategies.

Account Type Spreads Leverage Options Withdrawal Frequency Additional Perks
Standard Starting from 2.5 pips 1:100 or 1:500 Unlimited email signals Access to weekly analysis reports
Advanced Starting from 0 pips 1:100 or 1:500 One free withdrawal per month Unlimited email signals, three months of free Telegram signals, access to weekly analysis reports
PRO Starting from 0 pips 1:100 or 1:500 One free withdrawal every two months Unlimited email signals, Telegram signals, access to weekly analysis reports
Business Starting from 0 pips 1:100 or 1:500 One free withdrawal every four months Customizable commissions, access to full range of signals and analysis reports
Prime Starting from 0 pips Up to 1:100 Personalized experience Access to premium offerings, including signals and analysis reports
Account Types
Account Types

How to Open an Account?

Opening an account with GFX Securities involves several straightforward steps. Here's a concrete opening procedure:

  1. Visit the GFX Securities Website:

    Begin by visiting the official GFX Securities website. Make sure you are on the official website to ensure security.

  2. Click on 'Open Account' or 'Sign Up':

    Look for the “Open Account” or “Sign Up” button on the homepage or the designated account opening page. Click on it to start the registration process.

  3. Fill in Personal Information:

    Provide your personal information accurately. This usually includes your full name, date of birth, contact details, and residential address. Ensure that all details are correct and up-to-date.

  4. Complete the KYC Verification:

    Know Your Customer (KYC) verification is a standard procedure in the financial industry. You'll need to submit a copy of your identification document (e.g., passport, driver's license) and proof of address (e.g., utility bill or bank statement). Follow the provided instructions to upload these documents securely.

  5. Agree to Terms and Conditions:

    Review the terms and conditions, privacy policy, and any other legal agreements presented by GFX Securities. You'll typically need to accept these terms before proceeding.

  6. Set Up Login Credentials:

    Create a username and a strong password for your trading account. It's crucial to choose a password that's secure and not easily guessable.

  7. Choose a Funding Method and fund your account

    Depending on the available options, select a funding method to deposit funds into your trading account. This can include bank transfers, credit/debit cards, or online payment systems. Provide the necessary details for your chosen method. Initiate your initial deposit according to the minimum requirement of your chosen account type. Ensure that you have enough funds to begin trading.

Open an Account


The maximum leverage offered by GFX Securities is typically up to 1:500. Leverage in trading allows traders to control a larger position size than the amount of capital they have in their trading account. In the case of GFX Securities, traders can potentially control a position that is up to 500 times the size of their initial capital.

Asset Leverage Ratio
Forex 1:500
CFDs on stocks, indices, and commodities 1:100
CFDs on cryptocurrencies 1:20

Spreads &Commissions

GFX Securities charges spreads and commissions on its trading accounts. The spreads are the difference between the bid and ask prices of an asset, and the commissions are a flat fee that is charged per trade.

The spreads charged by GFX Securities vary depending on the asset you are trading and the account type you have. For example, the spreads on forex trading are typically lower than the spreads on CFDs on stocks or indices.

The commissions charged by GFX Securities also vary depending on the account type you have. The Standard account does not charge any commissions, while the Advanced, Pro, and Business accounts charge a commission of $12, $11, and $10 per lot trade, respectively.

Here is a table of the spreads and commissions charged by GFX Securities for its different account types:

Account Type Spreads Commissions
Standard Starting from 2.5 pips No explicit commission
Advanced Starting from 0 pips $12 per 1 lot trade
PRO Starting from 0 pips $11 per 1 lot trade
Business/Prime Customizable Customizable

Trading Platform

The trading platform of GFX Securities is MetaTrader 5 (MT5). MT5 is a popular trading platform that is used by traders all over the world. It is a powerful platform that offers a variety of features, including:

  • charting tools

  • technical analysis tools

  • order execution tools

  • news and analysis

  • trading signals

  • copy trading

MT5 is available for Windows, Mac, and Linux. It can also be accessed through a web browser.

GFX Securities offers a free demo account that you can use to test the MT5 platform before you open a live account.

Trading Platform
Trading Platform

Deposit & Withdrawal

GFX Securities offers a variety of payment methods for depositing and withdrawing funds, including:

  • Bank wire: This is the most popular payment method for depositing and withdrawing funds. It is a secure and reliable method, but it can take a few days for the funds to be credited to your account.

  • Credit card: This is another popular payment method for depositing funds. It is a fast and convenient method, but it may incur a processing fee.

  • Debit card: This is a similar payment method to credit cards. It is fast and convenient, but it may also incur a processing fee.

  • E-wallet: This is a newer payment method that is becoming increasingly popular. It is a fast and convenient method, and it typically does not incur any processing fees.

The fees charged by GFX Securities for depositing and withdrawing funds vary depending on the payment method you use. For bank wire deposits, there is a fee of $25. For credit card and debit card deposits, there is a fee of 2.9% of the amount deposited. For e-wallet deposits, there is no fee.

The fees charged by GFX Securities for withdrawing funds also vary depending on the payment method you use. For bank wire withdrawals, there is a fee of $25. For credit card and debit card withdrawals, there is a fee of 2.9% of the amount withdrawn. For e-wallet withdrawals, there is no fee.

It is important to note that these are just the standard fees. The actual fees may vary depending on your location and the payment method you use.

Here are some additional things to keep in mind about the payment methods and fees of GFX Securities:

  • The minimum deposit amount is $100.

  • The minimum withdrawal amount is $25.

  • There may be additional fees for processing withdrawals in certain currencies.

  • You should check with GFX Securities for the latest fees and charges before you make a deposit or withdrawal.

Customer Support

GFX Securities aims to provide responsive and helpful customer support services to assist traders with their inquiries and concerns. Here's a description of the customer support offered by GFX Securities:

  1. 24/7 Availability:

    1. GFX Securities typically offers customer support services that are available 24 hours a day, seven days a week.

  2. Live Chat Support:

    1. GFX Securities typically provides a live chat feature on their website, allowing traders to engage in real-time conversations with support representatives. This is often a quick and convenient way to get immediate assistance with any pressing concerns.

  3. Email Support:

    1. Traders can typically send emails to the designated support email address for less urgent inquiries. This channel allows for more detailed or complex questions to be addressed in a structured manner.

Customer Support

Educational Resources

GFX Securities typically provides a range of educational resources aimed at empowering traders with the knowledge and skills needed to make informed trading decisions. Here's a description of the educational resources commonly offered by GFX Securities:

  1. Webinars:

    1. GFX Securities often hosts live webinars conducted by experienced traders and market analysts. These webinars cover a wide range of topics, including technical and fundamental analysis, trading strategies, risk management, and market insights. Webinars offer an interactive learning experience and the opportunity to ask questions.

  2. Educational Articles:

    1. The platform typically offers a library of educational articles and blog posts. These articles delve into various aspects of trading, from the basics for beginners to advanced strategies for experienced traders. Topics may include market analysis, trading psychology, and trading platform tutorials.

  3. eBooks:

    1. GFX Securities may provide downloadable eBooks that cover in-depth trading concepts and strategies. These eBooks are often structured to provide a comprehensive understanding of specific trading topics and can serve as valuable reference materials.

  4. Video Tutorials:

    1. Video tutorials are a common educational resource offered by GFX Securities. These tutorials provide step-by-step guidance on using trading platforms, executing trades, and implementing trading strategies. Visual aids can be particularly helpful for grasping complex concepts.

Educational Resources


In conclusion, GFX Securities offers a comprehensive trading experience with several advantages, including a wide range of trading instruments, competitive spreads (especially in the higher-tier accounts), high leverage options, and an array of educational resources. Additionally, their commitment to providing 24/7 customer support and various contact channels enhances the overall trading experience.


Q: What are the products offered by GFX Securities?

A: GFX Securities offers a wide range of products, including forex trading, CFDs on stocks, indices, commodities, and cryptocurrencies.

Q: What are the fees charged by GFX Securities?

A: GFX Securities charges spreads and commissions on its trading accounts. The spreads are the difference between the bid and ask prices of an asset, and the commissions are a flat fee that is charged per trade.

Q: What are the payment methods accepted by GFX Securities?

A: GFX Securities accepts a variety of payment methods, including bank wire, credit card, debit card, and e-wallet.

Q: What are the minimum deposit and withdrawal amounts for GFX Securities?

A: The minimum deposit amount for GFX Securities is $200. The minimum withdrawal amount is $25.

Q: What is the customer support like at GFX Securities?

A: GFX Securities offers customer support through a variety of channels, including live chat, email, phone, and social media.

User Reviews

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Marco Rossi
more than one year
Huge slippage issue with the XAU/USD pair – massive 50 pips! I'm talking about a move of over 50 pips in just one bar on the M1 chart. It's pretty clear what's going on here. This sudden slippage caused a huge loss in my account, and I know I'm not the only one who got hit by this.
2024-05-06 17:51
more than one year
The login and user experience with GFX Securities are abysmal, consistently disappointing. Dealing with anything involving money feels overly cumbersome. At least that's been my experience with it.
2024-03-08 14:25
more than one year
I had a positive experience trading with this forex company. The deposit and withdrawal process was easy, the spread was good, and the customer service and follow-up were commendable.
2023-05-21 20:11
more than one year
a great company that helped me learn all that I needed to get into forex and I managed to make a good profit and I'm still with them and I highly recommend it. they have a lot of trading options but I choose forex as I have a personal interest in it, and they have me a great welcome bonus when I signed up and that was the boost I needed and that gave me a head start. the agents were in contact with me all the time to provide me with all the information I need. after my experience, no regrets.
2023-05-21 20:02
more than one year
I found the forex company's deposit and withdrawal process easy, spread competitive, customer service helpful and follow-up commendable. Overall, I had a positive trading experience.
2023-05-21 19:59
more than one year
The spreads on the Standard account are too high, and the commissions on the rest of the accounts are too high. Even withdrawals are not free, only the three accounts in the upper tier can withdraw money 1-4 times a month for free, while the two accounts at the lowest level do not even have any free withdrawal chances.
2022-11-30 16:16
more than one year
Although this platform does offers some useful trading tools and educational resources… trading fees are quiet high. it is also unregulated, I would recommend you to choose these famous players, exness, icmarkets, fp markets… they will give you more safety.
2022-11-30 10:52
more than one year
I Have been trading in GFX securities for long time .. and it is very good company as they provided me with professional training education plus they are not charging any commissions and fast trading and fast deposit and withdrawal
2022-11-15 21:34
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