GFT Forex Demo Account

There are many forex brokers and platforms out there but it seems like the GFT forex demo account is one of the best out there by one of the most established companies out there. For anyone looking to get into forex trading, getting one of these accounts is essential to test out the platform as well as the broker.

GFT forex was established in 1997 and is based out of Aba, Michigan with offices all around the world including major trading centers like New York City, Chicago, Tokyo and London. They currently deal in over 120 currency pairs offering very competitive spreads, as low as 1 pip in major currency pairs and allow up to a 400:1 leverage.

Anyone looking to get started in forex trading should both test their system, strategies and broker with a free forex demo account. This is a brief introduction to GFT forex, but every trader should use the GFT forex demo account to try it out for themselves and get a feel for their platform and their services.

GFT offers mini accounts with a minimum deposit as low as $250, which is quite good considering many other brokers go as high as $500 for their mini accounts. Their regular account starts at a minimum deposit of $2,500. Again, quite low considering other forex brokers like GFS Forex & Futures require a minimum deposit of $5,000.

Trading Platform

GFT has proprietary software called Dealbook 360 trading software. It was one of the early trading software programs for the forex market and has continued to develop into a leading package out there for online currency traders. It has won awards many years in a row and has now developed a web-based and mobile versions of their platform as well.

They also offer a host of other services, training and education resources, research by top forex analysts, and a variety of tools to analyze and execute trades. This company really gears their services toward the individual forex trader. And all of these services can be test out on the GFT forex demo account. You can go to the GFT website for a free trial.

GFT also offers a great customer service department which takes your calls 24 hours a day and 7 days a week.  This company is really dedicated to serve the needs of forex traders at every level from the beginners to the institutional traders.

GFT is registered with the Futures Commission Merchant (FCM) at the Commodity Futures Trading Commission (CFTC).  They are also a member of the National Futures Association (NFA) in the US.  Their NFA ID is 0279553.

In Japan, GFT is are regulated by the FSA.  In Australia by the ASIC, MAS in Singapore, the Dubai Gold & Commodities Exchange (DGCX), Dubai Multi Commodities Centre (DMCC) and FSA in the UK.

Just like any business decision, picking a forex broker like GFT or any other company should be considered closely and with discretion.  Every company has it's own level of service, features and benefits.  That is why trying them out with a forex demo account is vitally important.