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Default Gftforex.com - 12-21-2007, 12:01 AM

Click here to read or submit reviews and ratings for Gftforex.com >>

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Default 08-17-2009, 02:48 PM

I have 3 recomendations one of which is Gftforex, but after reading most of the reviews, am unsure because of the days taken to "close" the trade with this outfit... Anyone keen to enlighten me as to what it will mean to me as a swing trader if I use them to place my trades.... most greatfully yours Ed
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Default 09-26-2009, 12:11 PM

I have several accounts with GFT, including some demo accounts, and manager accounts as well.
I suffer the same problems over and over again: The platform freezes up - and I have realized that it happens regularly under certain circumstances.
I run their auto trading system, have written my own strategies and they work beautifully. Now, when the ATS builds up a profitable position, mostly counter trend, and then I want to close out when that expected move occurs, the platform freezes up. Hung application, run time error, external I don't know what......
Now it has gotten worse: They did in the middle of the market disable my auto trading system - while it was highly profitable. AND IT HAPPENS ONLY TO THE ACCOUNT THAT HAS RUN UP PROFITS - the rest running parallel do NOT suffer any sort of problem. Before I realized it, I had incurred the loss of ALL the profits that had been piled up during the day. They claim it might be technical and wanted the logs. It is NOT TECHNICAL with the exception of THEM disabling trading or worse, disabling the automated order execution. On MY computer there is no log of course of THEIR ACTIONS at the dealing desk. The head of the dealing desk is rude, snobby and I intend to file charges with the FSA and the FTC if this does not get resolved amicably.

Anyone suffering similar problems? Any input is greatly appreciated
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Default GFT PIP Spread - 10-12-2009, 05:17 PM

I've had an account with GFT for over a year and I'm beginning to notice how their pip spread changes moment to moment. I have been taken out of trades because they change their pip spread so frequently as I use stops to exit trades. It never reached my actual price exit but because of their regular pip changes it can effect you negatively. Because of this I am now looking arond to possibly switch brokers.

Is this a common occurrence with most brokers? Is there an honest broker out there with a good platform like GFT as I do like the platform itself.
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