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GFC Market / Trading Account

1 Review updated:

I am invested 200/-USD., the very fist day I found gaining in my account. The next day start loosing all my money. I found that they are manipulating the currency rate. Trading currency price is fluctuating in GFC web site is more or less than what the real currency trading price in the regular market or commercial Banks.
So, it's foolish game and I stop my trading.

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Comments

  • Pa
      Oct 18, 2010

    I'm also a new trader and invested 150USD. Even though i lost it even after raising it to over 300USD, it was because of my own mistakes that i lost the money, under no circumstance does GFC markets control the price, they only have a very high leverage for micro accounts like ours which is well stated in their terms and conditions. This means a very small change in the market will greatly affect your balance. Dont give up on trading though, Just maybe find a different broker whose leverage is lower, that means less earnings but also less losses.

    0 Votes
  • Bi
      Oct 31, 2010

    100% right I have found that they are manipulating the currency rate. do they run plug-in programme to control individual account, Like the measurement and control calculations of the Pips, bars, Margin forced attack for individual account. It's clear they do have control over individual account. not easy for every one to find out.

    +1 Votes
  • Mi
      Nov 01, 2010

    GFC is the best i have ever used! i have an account with CMCmarkets and Cityindex.i opened an account in sempt with 105 usd with 50 usd bonus but i made 1440 in my account.Their analyses is the best and the platform! i can stand for this statement anywhere!

    -1 Votes
  • Ta
      Nov 06, 2010

    Congratulations! Best ever looool, withraw your money when you get your money pls let us know. I have sent so many emails no reply when it comes to withdraw (money), when it comes to withdraw you will be unknown anyway i give up they are only nice when you start deposit their account, GFC has the worse communication software online and the indicators it shows 37 to 45 pips away from the orginal market. check it out by comparing with other metatrade, to invest with GFC you will need to 3 to 6 months if not years. Best ever looooooooool.

    +1 Votes
  • Ta
      Nov 06, 2010

    I have been triding for over 8 1/2 years and joind so many and i still have real acount with ACM, AFB, FX soultions, FXCM Trading Station, MIG Bank Trading Station and finlly Alpani uk. must tell the truth i have notice many time they do play with traders account and i was one of them . the reason i am saying this Coz GFC have widened their spreads with most of the major pairs to whom the want too but not to every one as i said the do controll individul account. when other companies are competing to lower their spreads in the hope of getting more customers. For example, we take the USD-Eur pairing. Most other brokers that I trade with offer between 1-2-3 pips but wit GFC, I had experienced up to 7 to 13 pips many times during the night! and when new's comming out. one important thing the bar can be widened to unknown limit which it makes very hard to find out how many pips. it runs fast when the account -$$$$$ and slow down when the +$$$$$. which makes clear they are controlling the size of the bars to find out more compare GFC with others before you comment. My advise stay away. if you have money and you want to invest look for ECN Dealers.

    +1 Votes

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