History
Gary L. Tilkin founded “Global Forex Trading” in 1997. With 30 years of experience in the Financial industry, he’s one of the foremost experts in the field. His trading experience at Merrill Lynch and other firms allowed him to create a firm that is one of the most respected in the business.
GFT Global Markets UK Ltd is a subsidiary of the the US firm Global Futures & Forex, Ltd. It was formed in 2006 and offers a range of spread betting opportunities to clients across the world.
Features of Trading Platform
GFT’s customers carry out their spread betting activities via the award winning DealBook 360 desktop software that is downloaded from the GFT website. It has features for beginners, advanced traders and professionals as well.
GFT offers five different packages ranging from Green to Platinum. The type of account depends on the amount of the initial deposit. Platinum members for example, get amazing pricing discounts and over 85 technical indicators on the platform. Green accounts on the other hand receive just one news feed and only 13 technical indicators.
Some of the features include a real time currency quote board with single click ordering, and audible alerts based on custom criteria. GFT also provides customers with advanced technical analysis tools that predict trends and allow for sophisticated charting options.
Products Covered
GFT allows spread betting trades on a diverse range of underlying instruments such as Equities, Indices (in 5 continents as well as four new countries in Asia), commodities like metals, softs and oils, Bonds in three countries, Interest rates, 120 currency trade pairs, and even inflation via the UK Consumer Price Index (CPI).
Pros
GFT allows investors to take as little risk as they want. You can go all the way down to just £1 for the minimum stake and the lowest deposit for opening at account is £120.
The range of underlying instruments which GFT allows you to bet on is simply mind boggling. With over 2900 markets, there’s something for everyone no matter what your expertise is.
Forsight AI is one of the most useful tools that GFT provides. This software analyses historical data and identifies repeating patterns that give clients an insight into what activity is likely to take place and when. It also generates a trend chart – giving a visual representation of what is likely to happen in the short term.
DealBook 360 is a key selling point for GFT. With a range of analytical tools and the ability to incorporate trailing stops, it’s a cut better than the rest of the trading platforms.
Awards Given
GFT has won numerous awards since 2006. “Shares” Magazine has awarded them the “Best Foreign Exchange Broker” as well as the “Best Product of the Year Award” for DealBook 360.
Overall Summary
GFT is a great spread betting firm for beginners and advanced dealers. There’s no DMA simulation, but then unless you’re a real pro you won’t need that kind of functionality. Their DealBook 360 software is nothing to sneeze at and with so many instruments to bet on, it’s easy to see why GFT is one of the leading spread betting companies on the market today.
Support Hours
GFT has live chat and call support 24×7. For dealing related inquiries, they’re open 5.5 days a week from Sunday to Friday around the clock.
Countries and Languages
GFT is monitored by 7 regulatory bodies in four continents. It supports many languages including English, Spanish, German, French, Portuguese, Chinese, Japanese, Korean, and Polish.
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| £120 | Minimum Account |
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