Global Forex Trading

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Note: The following information has not been updated by the vendor since 07/11/11.

Address:	4760 Fulton St., Suite 201
	Ada, MI 49301
Phone # for sales:	800 465 4373
Additional Phone #:	616 956 9273
Fax:	616 974 3682
Website:	www.gftforex.com/
Click link to request additional product information.
E-mail address:	www.gftforex.com/contact

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Global Forex Trading

Minimum account size: < $1000

Base commission rates: < $4

Brief explanation of margin rates, if applicable:

GFT offers several types of trading accounts, including standard trading accounts with 100:1 leverage, mini trading accounts with up to 400:100 leverage and Base 10 Trading accounts that allow customers to trade smaller lot sizes, starting at lot sizes of 10,000 and up. Offering commission-free trading on the world's currency markets, GFT is compensated by revenues from its activities as a currency dealer, which includes proceeds from buying, selling, converting as well as holding currencies and interest on deposited funds and rollover fees.

This brokerage has been in business for: 10-15 years

Primary type of broker: Forex

Brief description of services offered:

Founded in 1997, Global Forex Trading (GFT) is a world-leading provider of real-time currency dealing, pricing and comprehensive services for retail and institutional foreign exchange traders. GFT offers a full range of trading accounts for online forex traders, including self-directed, managed and letter of direction accounts (called Facilitated Systems). From advanced forex charting to intricate tools that allow you to build your own technical indicators for the forex market, GFT's DealBook 360 is designed to serve novice through professional forex traders.

Account Information TOP

Types of trading accounts offered:

Premium Service
Phone (touch tone) Discount Broker
On-Line Discount Broker

Customers online account information is updated: Up to the minute

Types of trades offerered:

Options
Futures
Cash markets
Forex

Other trade types: Online Currency Trading

Types of quotes offered to customers:

Real-Time

Execution methods offered:

Electronic direct access trading(SOES, SNET and the ISLD ECN)
Online Broker(trade desk)
Broker

Exchanges covered:

Philadelphia Stock Exchange

Setup or initial costs to set up an account: Depends on type of account

Features TOP

Types of services offered to customers:

Technical Analysis
Fundamental Analysis
Basic -charts & graphs
Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
Head line news
Unique proprietary stories and news coverage
Wireless (quotes, alerts, execution, etc.)
Checking account, debit card, credit card

Ways customers can access their trading account:

Internet
Telephone

Allow stop, limit, and stop limit orders? Yes

Charge extra for stop, limit, and stop limit orders: No

Offer 24 hour customer support: Yes

Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are:

As a primary market-maker in foreign exchange, Global Forex Trading offers smaller transaction sizes allowing traders of almost any size - individual speculators, smaller companies and institutions - the opportunity to trade at the same rates and price movements as the large players who once dominated the market. By leveraging our relationships with some of the largest banks in the world, GFT's retail and institutional traders enjoy consistent, tight spreads in the forex markets.

This broker's service is better than the competition in these areas:

GFT's proprietary software platform, DealBook 360, provides more than 80 analysis tools for serious forex traders. The software includes free integrated charting, and orders can be placed from the charts. Developed exclusively by GFT for forex traders, DealBook 360 has been recognized for its ease of use, speed, competitive prices and complete support for all related trading activities in one application. Traders remain connected around the clock from anywhere with GFT's 24-hour dealing, customer support and technical support teams.

Types of security precautions taken for customers:

As a privately held company, GFT takes many types of precautions for its customers, from sound financial practices to applying integrity to all of its business practices. Global Forex Trading is a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC), a registered broker-dealer with the U.S. Securities Exchange Commission, holds a license with Japan's Financial Services Agency (FSA) and holds a license with the Australian Securities & Investments Commission (ASIC). GFT Global Markets is authorized and regulated by the Financial Services Authority.

Communications during systems failures has been assured through:

GFT operates a 24-hour dealing desk, which is available during GFT trading hours via telephone or our online software, DealBook 360. GFT also regulary communicates with its customers via its website and e-mail messages.

The major plans for upgrading the current level of trading service are as follows:

Further advances in DealBook 360 will be made as well as additional components for Chart Studio. Automated trading of strategies through DealBook 360. Multiple reporting tools for strategy analysis. Equity management tools for strategies. Additional currency pairs will be added. Additional trading instruments will be added. Statements will be revised to be more simplified. An advanced web-based trading platform will be introduced.

General Information | Account Information | Features | Additional Comments

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