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Compare Forex Brokers GFT Forex And Trading Point Forex


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Subjective Ratings

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GFT Forex

Trading Point Forex

Charting: Four star Charting Rating Four and Half star Charting Rating
Execution: Four and Half star Execution Rating Four star Execution Rating
Transaction costs (spreads): Four and Half star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Three star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Five star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Four star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Three and Half star Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Four and Half star Withdrawal processing Rating Five star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

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Business Details

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GFT Forex

Trading Point Forex

 
Registered Business Name: Global Futures & Forex Ltd Trading Point of Financial Instruments
Broker Headquarters: Michigan, USA  
Also has offices in: Sydney, Dubai, Tokyo, London, Singapore, New York, Chicago None
Regulated By: NFA Member (0279553)
FCM registered with CFTC
 
In business since year:   2009
Broker Capital as of 11-2008 $73,808,315 Unknown
Client Account Segregation:    
Collect Taxes on Earnings:    
Prohibit clients from: Yes  
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
Credit Card $0 $0
Liberty Reserve $0 $0
Moneybookers $0 $0
NETeller $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown  

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Trading Details

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GFT Forex

Trading Point Forex

 
Browser platform: DealBookŪ WEB None
Downloadable platform: DealBookŪ 360 Trading Point Metatrader 4 (MT4)
Mobile platform: DealBookŪ WEB No
Phone dealing: Yes Yes
Order processing: Straight-through All orders routed through dealing desk.
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Not loaded
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Micro 500:1* $1/$3,000 1,000/100,000 units Swap-free (Islamic) optional
Executive 100:1* $100,000/unlimited 100,000/5,000,000 units Swap-free (Islamic) optional
Standard 200:1* $3,000/$100,000 100,000/5,000,000 units Swap-free (Islamic) optional
Swap-free accounts   No swap-free accounts available   Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 125    1   
No Dealing Desk Execution: Yes  
Typical spread on EUR/USD:   1.9 pips (0.00019)
Fixed spreads: No  
Guaranteed stop losses?    
Trailing Stops: Client-side Client-side
OCO orders available: Yes No
If/then orders available: Yes No
Hedging capability:    
Automated Trading: No
Trading Hours:    
Timezone   GMT
Scalping allowed:    
Account currencies available: EUR, JPY, USD
Platform languages: Arabic, Dutch, English, French, German, Hebrew, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Simplified Chinese, Spanish, Traditional Chinese
Support languages: Arabic, Bengali, Cantonese, English, French, Greek, Gujarati, Hindi, Japanese, Kannada, Korean, Mandarin, Punjabi, Russian, Spanish, Turkish
Demo account: 30 days  
Live chat support: Yes  
Interest on Margin: No
Promotions & tournaments:    

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