- Good trading platform
- Extensive array of tradeable assets
- Good customer support
- High trading fees
- Not regulated
- No viable reputation
- Lacks transparency and security
GFC Investment is yet another international online trading brokerage offering traders from around the world the opportunity to trade Forex and CFDs on a wide range of financial assets across the global markets. The brokerage is fairly new as they were just recently launched in 2018 and have already demonstrated their reliability to provide competent investment and trading services. GFC Investment is owned and operated by the GFC Investment Group KINTEKA OU and is based offshore in Estonia with their headquarters located at 5th Floor, Office # 71, 9th Joe Street, Tallinn, Estonia. Though Estonia does have a reputable regulatory agency that governs most of the financial services businesses there, GFC Investment remains to be regulated by them or any other regulatory authority. This raises some concerns, but GFC Investment is still very new and may be in the process of becoming regulated. GFC Investment is a new and lucrative new online trading brokerage with lots of potential, but is it the right broker for you? Find out in our in-depth review where we delve into all aspects of this broker and discover whether they can be trusted and if the products and services they provide are right for you.
GFC Investment provides their traders with a proprietary web based trading platform that was built with advanced trading technology from TraderSoft. The platform is very simple and easy to use which makes it great for beginner traders. However, more experienced or intermediate traders will appreciate the platform as well as it comes complete with a sophisticated charting package that allows for one click trading and advanced technical analysis. Traders have access to 17 of the most popular technical indicators, 2 chart types, 9 time frames, and a suite of drawing and analysis tools. The platform interface layout can be customized 3 different ways to suite the traders style and preferences and makes for a more personalized trading experience. Traders can place multiple advanced order types which can be executed instantly with the click of a button. All in all, the platform operates very well and provides a seamless trading experience. However, it is lacking some advanced functionalities such as automated trading, social trading, news integrations, etc. If you are a beginner or intermediate level trader, the GFC Investment trading platform may be right for you.
Also, the GFC Investment trading platform is fully compatible and optimized for use on all smart mobile devices. There is no downloadable trading application available yet, but the platform can be accessed via the web browser interface so that traders can manage their account and trade on the go.
GFC Investment has gone above and beyond with the extent of tradeable assets offered on their trading platform. They really strive to accommodate all types of traders and feature tradeable assets for everyone. For instance, traders can participate in the trading of Forex and CFDs on various markets including forex, stocks, indices, commodities, and cryptocurrencies. See the extent of assets offered under these markets below.
• Over 50 currency pairs
• Majors, Minors & Exotics
• Over 140 stocks to choose from
• Trade 9 different indices
• Gold Spot
• Silver Spot
• Brent Oil Futures
• Crude Oil Futures
• Natural Gas Futures
• Bitcoin (BTC)
• Ethereum (ETH)
• Dash (DASH)
• Litecoin (LTC)
• Ripple (XRP)
Fees and commission
An unfortunate aspects of the GFC Investment brokerage is that they have very unfavorable fees. Upon testing out their trading platform, we discovered that the most popular forex trading pair EUR/USD has a fixed spread of 4 pips which is absolutely terrible. As for the commissions imposed by GFC Investment, they are unknown as the brokerage does not disclose any information regarding their fees and commissions on their website. All in all, we were very disappointed with the lack of transparency and high spreads imposed by GFC Investment.
Security and fairness
As mentioned earlier, GFC Investment is not a licensed or regulated online trading brokerage. For this reason and the fact that they are very new and have yet to build up a reputation, we feel as though GFC Investment cannot fully be trusted. As well, it is not stated whether customer funds are held in segregated bank accounts and other security measures are not stated as well. However, we do know that GFC Investment does employ the internationally accepted security system, SSL encryption on all credit card payments over the web. Other than that, we can not confidently say how safe, fair, or secure GFC Investment really is.
The customer support provided by GFC Investment is of standard quality and sufficient for the type of brokerage they are. Support representatives are available 24 hours a day, 7 days a week via email, telephone, and live chat. Support representatives are always friendly and to the point with their responses. Additional methods of support include and FAQ page and an education center.
The GFC Investment online trading brokerage is another new broker in the investment scene that doesn’t add anything new or outstanding to the already saturated trading brokerage scene. Plus, they are not licensed or regulated and lack transparency on certain things. The GFC Investment trading platform is great for beginner and intermediate traders but lacks the functionality and features of more well known trading platforms. The customer support provided by GFC Investment is pretty good and the investable products available are extensive. All in all, GFC Investment has potential but there are much better online trading brokerages available to choose from.
GFC Investment Q&A
The following are the common questions that customers inquired about GFC Investment.
Is GFC Investment regulated?
No, it is not regulated.
Is GFC Investment a scam?
Not sure, GFC Investment is a new online trading brokerage that has yet to prove their reliability.
Where is GFC Investment based?
GFC Investment is based at 5th Floor, Office # 71, 9th Joe Street, Tallinn, Estonia.