Score
GDFX
http://www.gdfxuk.com/en/
Website
Rating Index
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
Users who viewed GDFX also viewed..
AVATRADE
Neex
VT Markets
FXCM
Verified Site
gdfxuk.com
218.247.81.156Server LocationHong Kong
ICP Registration No.--Top Visitor Locations--Creation Date0001-01-01Website NameWHOIS.CHINANET.CCCompanyCHINANET TECHNOLOGY (SUZHOU) CO., LTD
Relationship Map
Related Companies
Company Profile
Company Profile
Review summary
GDFX Information
GDFX was operated by Golden Financial Service Ltd. in New Zealand in 2018. It offers three live account types, but the demo account is hard to register. Besides, its trading platform, MT5, is very popular, which can help it attract more traders. However, it currently has no valid regulations, and its spread is higher than other brokers. So it is costly and unsafe.
Pros and Cons
| Pros | Cons |
| Popular MT5 trading platform | Not regulated |
| Various account types | Lack of transparency |
| Wide spread from 1.5 pips | |
| High minimum deposit ($500) |
Is GDFX Legit?
Though GDFX claims to be regulated by the UK's Financial Conduct Authority (FCA) and New Zealand's Financial Markets Authority (FMA), actually it is not regulated by any financial authorities. Even the FMA has issued a warning against it. Traders should be cautious when choosing a broker.
GDFX's license is suspicious. Its license is regulated by Australia, where it is not New Zealand or UK. Additionally, its licensed institution is GDFX FINANCIAL PTY LTD, not GOLDEN FINANCIAL SERVICE LIMITED. Even by the license of Financial Service Providers Register (FSPR), GDFX appears to be revoked.
| Regulatory Authority | Financial Service Providers Register | Australia Securities & Investment Commission |
| Regulatory Status | Revoked | Suspicious clone |
| Regulated by | New Zealand | Australia |
| Licensed Institution | GOLDEN FINANCIAL SERVICE LIMITED | GDFX FINANCIAL PTY LTD |
| Licensed Type | Financial Service Corporate | Common Business Registration |
| Licensed Number | 560146 | 616397061 |


What Can I Trade on GDFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ✔ |
| Securities | ✔ |
| Futures | ✔ |
| Stocks | ✔ |
| Options | ❌ |
| ETFs | ❌ |
Account Type (Minimum Deposit/Leverage/Spread)
GDFX provides 3 account types: Fixed Mini, Fixed standard and ECN. But it is difficult to register a demo account.
| Account Type | Minimum Deposit | Leverage | Spread |
| Fixed Mini | $500 | 1:200 | from 1.8 pips |
| Fixed standard | $500 | from 1.5 pips | |
| ECN | $1 000 | from 1.8 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Mobile, Desktop | Beginners |
| MT5 | ✔ | Web, Mobile, Desktop | Experienced traders |
Customer Service
| Contact Options | Details |
| Phone | 0085269488536 |
| cs@gdfxhk.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | Chinese, English |
| Website Language | Chinese, English |
| Physical Address | ❌ |
The Bottom Line
In conclusion, trading with a transparent and reliable broker is very important. GDFX lacks regulation that means it does't need to disclose its information. If traders depoist at least $500 according to the requirements, their funds may be difficult to withdraw. Therefore, keep cautious.
FAQs
Is GDFX safe?
No, the claimed FSPR license is revoked and ASIC license is a suspicious clone.
Is GDFX a good for beginners?
No. The minimum deposit is up to $500, which is not friendly for beginners.
What kind of trading platform does GDFX offer?
MT4 and MT5.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Wiki Q&A
Is GDFX safe and reliable?
According to WikiFX data, GDFX has a core score of 1.62 out of 10, reflecting a high-risk profile. The broker operates without a valid regulatory license, which means there is no official oversight or investor protection framework. As such, the safety and reliability of GDFX are considered extremely low.
Is GDFX regulated?
GDFX is not currently regulated. It previously held a license from the New Zealand Financial Service Providers Register (FSPR) under registration number 560146, but that license has been revoked. The broker now operates without any recognized forex trading authorization.
What is the minimum deposit of GDFX?
The minimum deposit requirement for GDFX is not publicly disclosed.
Does GDFX support MT4 or MT5?
GDFX does not publicly list support for MetaTrader 4 or MetaTrader 5 platforms. The specific trading platforms offered by the broker are not detailed in available information.

Share your experience
Required...


Chrome
Chrome Extension
Global Forex Broker Regulation Query
Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

