What is the general census about GFT forex trading?
So recently (27th of July to be exact) I decided to open a demo account with one of these online forex platforms. I started trading on the 5th though. I started with $50,000 as most of these games do and have since in the past 18 days been able to return a $18,730 profit. I'm contemplating making the plunge and using real money, but i just wanted to see if forex knew if this was a reputable site and wether or not it would be a good idea. I also want to know wether people thing that the demo accounts are accurate representations of real forex trading. The website is http://www.gft.com.au/ below are some images i took from the platform and proof of what i've been doing. So the first is just the simplistic platform with my name a account number blanked out. The second is of the statement showing how much they owe me, although it seems as they they owe me more than my total profit, so if someone could tell me why that would be great. Image 3 and 4 are just proof of some trades i've done and you can see the account balance on the right. http://imgur.com/a/3JhBJ
Hey /Forex, I have a broker question for you. I've been reading up on a lot of Forex, and I have demo traded with a few platforms and brokers (GFT's dealbook and OANDA, just to name a couple), and nothing has really stood out as the 'best' company to invest with. Does anyone have any opinion as to the most friendly, investor-oriented broker that offers a nice, free trading platform? Thank in advance! Oh, and for what it's worth, I'm only looking to invest right around $1000, so either a mini or micro account.
FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. GFT Forex is a pretty well known Forex Broker that also offers a self developed Forex platform. GFT Forex is a retail broker but sometimes acts like an ECN broker which isn’t good at all. There’s not a lot to say about GFT Forex. Every trader made his own experience with them and some reviews are good and some claim that GFT Forex is a scam. GFT Forex Basics. GFT is one of the oldest forex companies, starting in 1997 in the U.S. and has built a large base of customers in more than 120 countries. Headquarted in Ada, Michigan, GFT has offices around the New York, Chicago, London, Dubai, Tokyo, Singapore, Sydney. Tailored IT solutions for banks, insurers and industry. Since 1987. GFT – Shaping the future of digital business. GFT is a Forex company based in the United Kingdom that offers binary options trading services to customers around the world. Unfortunately at this time GFT does not accept customers from the United States. The website is owned by a subsidiary of Global Futures & Forex, Ltd., and has an excellent reputation online.
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