Company Name: Global Futures & Forex. Ltd.
Address and Contact Details: 259 George Street,
Sydney, Australia, NSW 2000
Sign up offer: No
Demo Account: Yes
Regulator: Australian Securities and Investments Commission
GFT | Introduction to Forex
GFT is a private company called Global Futures and Forex Ltd categorized under Trust Services. It was founded in 1997, and is situated in Mosman, Australia. The ASIC, and in Japan by the Financial Services Agency, serves as a regulatory authority of the group. The company also has a complete fledged sales office in the United Kingdom, Singapore, Japan, Tokyo, and Dubai.
It is registered as an FCM with the Commodity Futures Trading Commission and also a member of the NFA. The company facilitates trading in Australia, Germany, Poland, United Kingdom, and France.
Brokering Features and Fees
Minimum stock commission- 10k commission for Australian share with a minimum charge of only 225$.
Minimum fund to open account- The minimum deposit on standard account is 5000$ and the minimum deal size is 100k Minimum Initial Margin Requirement for Australian traders.
Platform tools- The Company offers the following tools for market analysis – Auto chartist Trade Ideas, Auto chartist Chart Patterns, Foresight- A .I, DiNapoli D- Levels.
Market News- The market place of GFT is extremely strong and they are global provider for exchanging trade in 120 countries via their trading platforms. Apart from that, they also have 120 currencies for trading. The GFT provides a commission-free trading atmosphere with perfect exchanging of order on time.
The GFT provides three sorts of trading platforms such as the network oriented Deal book web, window oriented Deal book 360, and Deal book mobile for non-connected devices. Each platform has the ability of click dealing and straggling stops. GFT Global Markets has a robotic risk-management method that detects people’s risk. P&L are designed mechanically in real-time, and people receive immediate notification if they losses achieve a definite stage.
GFT has implemented a free iPhone application for global trading, an online market maker and online dealer. The mobile trading platform in GFT provides users the facility to trade and also make orders on several businesses in real time.
The GRT mobile allows users to check the recent charts. They can apply for more than 13 technical indicators on this mobile platform.
The GFT Deal Book mobile is obtainable for iPhone, Apple and any sort of internet accessible phones. This supports the BlackBerry, iPhone and window mobile operating system, and WAP-accessible phones.
Users who download the Deal book software can access their CFD, Forex trading, betting account all through one interface. The GFT mobile platforms also help charting tools, value alarms, technical indicators and real time costing and several orders.
GFT Global Markets deals in more than 120 currency pairs.
Deposit and withdrawal
Traders can fund their accounts using debit/credit cards, via paypal, checks and e-checks. GFT has launched the prototype of the Picture cash transfer application for transferring the money.
The picture money transfer application is a mobile banking application with Smartphone cam, which can digitize and give cash transfer slips to the bank. The client takes pictures of the money transfer form with the iPhone cam.
The information on the form such as their account number, the payee, the bank code, the deposit information and the currency are also photographed by the OCR software and sent to the online mobile banking system that robotically processes the money transfer, and check the information and end the transaction.
The GFT provides same method for both withdrawing and depositing the money. A wire transfer is the money transfer method from one account to another bank account. GFT performs actual money transfer without customer support.