GF Markets Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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| Estimated monthly visits | July 2025 | 0 |
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About GF Markets
GF Markets is operated under the name GF Markets Ltd / GF Markets LLC and registered in Saint Vincent and the Grenadines, with claims—unverified—to also be registered with the Financial Services Authority of Saint Lucia, but no valid forex or financial license is found in either jurisdiction; the Financial Services Authority of Saint Lucia does not supervise forex activity, and no authorization from major regulators (e.g., FCA, ASIC, CySEC) exists, placing GF Markets in the category of unregulated brokers.
GF Markets offers trading via the MetaTrader 5 (MT5) platform, with typical trading instruments including forex, commodities, indices, shares, and cryptocurrencies; account types are said to include Standard, Gold, Platinum, and VIP, with a minimum deposit of USD 250; maximum leverage up to 1:200; spreads reported around 2.6 pips for EUR/USD on Standard accounts with ECN commissions around USD 8 per lot.
Numerous reports and reviews link GF Markets to scam operations, citing high or hidden withdrawal fees (ranging from approximately 3 % to 8 % depending on method), frequent withdrawal delays or denials, absence of segregated client accounts and investor protection schemes, lack of transparency regarding ownership, and overall high risk to client funds.
Pros and cons
Pros
- Trading platform MT5 available.
- Wide range of asset classes (forex, commodities, indices, shares, cryptocurrencies) if platform access is functional.
Cons
- No regulation by recognized financial authority; registration claims unverified.
- High counterparty risk due to lack of client fund safeguards and investor protection.
- Reported high spreads and trading costs (e.g., 2.6 pips EUR/USD, USD 8 per lot commission).
- Frequent complaints of withdrawal issues including delays, denials, and high fees.
- Lack of transparency regarding ownership, management, bonus terms, fund security measures.
