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GFC Markets Forex Broker Review

December 31, 2010 by Forex Market

GFC Markets Review
SafeCap Investment LTD. is the name of a company that is Cyprus-based and is currently operating GFC Markets. The operations were started in 2009 and at the moment the company is regulated by CySEC (Cyprus Securities Exchange Commission).
GFC Markets allows new users to register for free demo accounts if they want to. Such an account will put in 100,000 virtual dollars and you can use them to trade CFD and Forex for one month. Thanks to this it is really easy to get used to the trading platform and all the features it has. All that you will need to do is fill a simple online application form. In the event that you want to open a real money live trading account you can choose one of three available options.
The first account type is the Mini Account. You are eligible for it with a minimum deposit of just 50 dollars. The maximum deposit amount that you can use is $2,499. There is also a good $250 welcome bonus that is available for all new users of this account type. If this is not what you need you can always opt for the Standard Account. The minimum deposit required is $2,000 and you cannot go over $19,999. If this is still not enough you should go for the VIP account. As you surely imagined, the minimum required for this account type is $20,000. GFC Markets also offers a special active trader program that offers some special rebates in the event that you have a minimum of standard account and $5,000 deposited. The only problem is that you can only exchange 10 currency pairs with this program.
If you want to deposit money you can do this through different methods including wire transfer, credit cards (Delta, Maestro, Visa and MasterCard), FastBank Transfer and WebMoney.
You will want to know details about the trading platform. There are 3 types that are offered by GFC Markets. The most common one is the desktop-based application but you can also use a Java version, which is basically a web-based platform. If you want to have complete control all the time there is also the possibility to opt for a GFC Mobile Trader platform. Every single platform is really easy to use and even includes highly sophisticated features like analytical tools, expert charts and real time market upgrades.
GFC Markets offers a very good customer support system that is always available through online chat, phone and email. There are over 25 local phone lines that are located in many countries. We are in front of a young company in the market but the high quality offered more than makes it up.

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