For FOREX Trading in the US, I use Zecco Forex. Awesome Broker.
Setup a free $50,000 demo account in 5 minutes. Sign Up Here...
GFS Forex & Futures Forex Broker Review
About GFS Forex & Futures Forex Broker
GFS Forex & Futures Forex Broker has been in the industry since 2006, and the company is based in the USA. Some people complain about the wide spreads that are implemented by GFS Forex & Futures Forex Broker, however, nowadays 3 pips are nothing to be surprised of.
GFS Forex & Futures Forex Broker is a Registered Futures Commission Merchant (or FCM), and is also a NFA member, which means that if a client has issues regarding their accounts, and GFS Forex & Futures Forex Broker does not resolve it immediately (or does not solve it in a satisfactory manner), then they can report the company’s ID number 0316995. There are some reports of withdrawal and deposit issues, which could have been easily solved if the matter was brought straight away to the authorities.
GFS Forex & Futures Forex Broker offers 24 hour online live chat support, and has branches in California and New York.
Basic Broker Details
| Site | http://www.gfsforex.com |
| Country of Origin | USA |
| Accepted Deposit Modes | PayPal, bank transfer, check |
| Withdrawal Method | PayPal, bank transfer, check |
| Leverage | 1:100 and 1:200 |
| Regulation Body | National Futures Association (www.nfa.futures.org) |
| Spread | 3 pips |
| Minimum Account Requirement | $500 |
Pros of GFS Forex & Futures Forex Broker
* NFA member
*24 hour chat support
Cons of GFS Forex & Futures Forex Broker
* Not much online activity/promotion