GFF Brokers review

On-line since: 2017
Country of origin: US
Regulation: National Futures Association (NFA),US Commodity Futures Trading Commission (CFTC)
Payment options: customers living outside the United States can make a deposit by international wire transfer only.
Minimum account size: 100$
Minimum lot size: 0.01 lot
Leverage: -
Spreads: 0 points

About the company:

On the one hand, GFF Brokers is quite a young brokerage company, but on the other hand, the company existed earlier under another name - Global Futures. The broker was well-known in the market. The company was purchased by a group of financiers that gave it a different name. GFF Brokers has an American residence permit. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). The company offers futures and forex trade.

Products and services:

Customers can trade futures, options, and currency pairs. They are also offered a wide range of trading instruments if they carry out trading on forex and CFD markets. Trading instruments vary depending on the platform that the client uses.

Company history:

The company was found in 2017 after the sale of Global Futures, one of the oldest broker companies. Nowadays, it is owned by GLOBAL FUTURES & FOREX, INC. The company is headquartered in Glendale (California, USA). Greg Hedican is the founder and CEO of the company. Notably, the majority of employees of the Global Futures who has worked there for more than 15 years continue to work at GFF Brokers.

Security of funds:

According to the company's representatives, clients' assets are well-protected. Trading accounts are segregated. However, there is no document signed by SIPC (Securities Investor Protection Company) that can confirm this statement.

Accounts and currencies:

The broker does not provide different types of trading account. Each trading account is opened only after consultation with a potential client. On the basis of the received information, the company creates a trading account for the client. Currency accounts are available in USD.

Minimum deposit

The minimum deposit starts at $1.

Spreads and commissions

Spreads start at 0 pips. Commissions are set individually. The size of the commission fee is determined by the company's specialists based on the results of studying the questionnaire filled by the trader. The list of commission fees on the official website of the broker is rather big. However, all the mentioned commission fees can not be applied to one client.

Leverage

No leverage is provided.

Trading platforms

GFF Brokers offers its clients more than 30 different trading platforms for trading forex and futures. There is a platform that meets almost any requirements. Most of them have mobile versions for different operating systems. There are 5 platforms available for trading on Forex:

• Metatrader 4;
• EC Trader;
• Global Zen Trader (GTZ);
• FOREXTrader и its FTP version

Customer Service

The support team works 24/5. You can contact the support service by phone or e-mail specified on the broker's page. The broker also has social networks profiles such as Twitter, Facebook, and Linkedin. Another convenient way to contact the company is a live chat (there is a Russian version). The phone call is free only for residents of the United States and Canada. The language of communication is English.

Feedback

The broker has been working in the market for less than two years, and during this time there are few reviews about its service. Russian traders are less familiar with this broker and do not leave any reviews at all. Judging by the comments of foreign traders, all positive feedback is based on the successful cooperation with Global Futures. This company gained trust among customers but was closed a few years ago.

Advantages:

• wide range of investment instruments;
• low initial deposit.

Disadvantages:

• large number of commissions and fees;
• PAMM service is not available;
• broker does not work with binary options.