GFS Review 2026

By: Oleg Tkachenko
Updated: June 12, 2026

Top Brokers Overview — United States

Min. deposit $0
Fees 4 /10
Account types 3.3 /10
Regulation 8 /10

5.3 /10

Moderate risk

GFS User Reviews 6.7
Commissions and Fees 4.0
Regulation and Safety 8.0
Account Types 3.3
Deposit and Withdrawal 4.5
Markets and Tradable Assets 6.5
Trading Account Opening 8.0
Customer Support 3.6

GFS Pros & Cons

Free demo accounts and micro lot trading are available;
No minimum deposit requirements apply to an account type;
Raw spreads ensure low trading expenses;
Flexible leverage ranges from 1:1 to 1:500;
Deposits and withdrawals are made using popular methods without brokerage fees;
MetaTrader 5 is easy-to-use, customizable, and offers many in-built features;
Technical support is available via phone, email, and live chat.

No joint accounts, crypto staking, or other passive income options;
Relatively high trading fees;
The broker doesn’t provide its services to residents of Belgium, North Korea, and some other countries.

TU Expert Verdict

GFS demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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GFS User Reviews

Score:

6.7 /10

3 total

5-star

0%
4-star

33%
3-star

67%
2-star

0%
1-star

0%

I’ve been working with GFS for 4 months. A demo account confirmed the transparency of the broker’s conditions. There is only one live account type, which I consider an advantage. Spreads are tight, but trading fees are above average. GFS doesn’t charge withdrawal fees and leverage up to 1:500 is sufficient for my trading style. While many traders prefer MT4 or solutions like RTrader or cTrader, I find MT5 to be a great platform. The main disadvantage for me is the absence of joint accounts.

I registered with GFS following a referral link from a trader I know. After trying out a demo account for a couple of days, I found the broker’s conditions to be more profitable than those of many popular brokers. First of all, it offers raw spreads and a wide choice of assets. Leverage is up to 1:500, which is too much for me since I use a maximum of 1:50. While I hadn't used MT5 before, I quickly mastered it due to its intuitive and user-friendly interface. I wish there were more passive income options, as a typical partnership program is not interesting to me. The broker has been on the market for a long time and is licensed, which I checked myself. However, GFS lacks regulation.

I registered with GFS a year ago and I’m 100% satisfied with its conditions. There are many CFDs and currency pairs, leverage is flexible, and MT5 is just perfect. The broker's partnership program stands out by offering higher rewards than most standard programs. Since I manage my blog, I actively attract new traders. Though I contacted technical support once or twice only, I can say that it is prompt and helpful. I see no point in further describing the broker, as it doesn’t have any significant disadvantages. Open a demo account and try it yourself. I recommend GFS.

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Commissions and Fees

Score:

4 /10

The trading and non-trading commissions of GFS have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

No deposit fee
No withdrawal fee

Above-average Forex trading fees
No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of GFS with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, GFS’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

GFS Standard spreads
	GFS	ZForex	OANDA
EUR/USD min, pips	0.1	0.1	0.1
EUR/USD max, pips	2.5	0.4	0.5
GPB/USD min, pips	0.1	0.2	0.1
GPB/USD max, pips	1.5	0.6	0.5

Does GFS support RAW/ECN accounts?

As we discovered, GFS does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with GFS. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

GFS Non-Trading Fees
	GFS	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	5	0-15
Inactivity fee ($, per month)	50	0

Is GFS Safe?

Score:

8 /10

GFS has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection

Track record of less than 8 years

GFS Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1

GFS Security Factors
Foundation date	-
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

3.3 /10

GFS offers the following account options: Demo, Standard.

However, GFS does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.

Standard account with balanced trading conditions
Low minimum deposit
Demo account

No ECN/Raw spread account
No Cent account

GFS account types vs top competitors
	GFS	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

GFS accounts trading conditions

GFS offers a single account type without initial deposit requirements and withdrawal fees. Spreads are raw, while trading fees are acceptable. The broker’s clients can trade micro-lots and choose any leverage within the available range. The offered trading platform is MT5 which provides a comfortable environment and customization opportunities. Therefore, traders rely on their trading preferences, experience, and financial capabilities.

Account types:

Account Type	Description
Demo	This account type is available for free for a limited period. Its parameters correspond to those of a live account. Since trading is conducted with virtual money, it requires no deposit.
Real	There are no minimum deposit requirements, spreads start from 0 pips, and trading fees are $10 per lot. Leverage is up to 1:500. Traders can work with all available assets.

New GFS clients typically begin with a demo account to explore the platform, test strategies, and assess suitability. Satisfied traders can then seamlessly transition to the live account with micro-lot trading capabilities.

Deposit and Withdrawal

Score:

4.5 /10

GFS received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

GFS offers limited payment options and accessibility, which may impact its competitiveness.

Bank wire transfers available
No withdrawal fee
No deposit fee
Bank card deposits and withdrawals

Wise not supported
BTC payments not accepted
Only major base currencies available

What are GFS deposit and withdrawal options?

GFS offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making GFS less competitive for those seeking diverse payment options.

GFS Deposit and Withdrawal Methods vs Competitors
	GFS	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	Yes	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	No	No	Yes

What are GFS base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. GFS supports the following base account currencies: USD.

What are GFS's minimum deposit and withdrawal amounts?

The minimum deposit on GFS is $0, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact GFS’s support team.

Markets and Tradable Assets

Score:

6.5 /10

GFS provides a standard range of trading assets in line with the market average. The platform includes 1635 assets in total and 61 Forex currency pairs.

Indices trading
61 supported currency pairs
1635 assets for trading

No ETFs
Bonds not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by GFS with its competitors, making it easier for you to find the perfect fit.

	GFS	Trading.com	ZForex
Currency pairs	61	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	1635	69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	Yes	No	No
Options	No	No	No

Investment options

We also explored the trading assets and products GFS offers for beginner traders and investors who prefer not to engage in active trading.

	GFS	Trading.com	ZForex
Bonds	No	No	No
ETFs	No	No	No
Copy trading	No	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with GFS in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at GFS is $0.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

GFS account opening
	GFS	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$0	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	8
KYC time (days)	2	2	1

Is GFS available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start working with GFS, register on its official website, pass verification, open a live account, make a deposit, and download the trading platform. To eliminate any questions on the procedure, TU experts prepared a detailed guide on the procedure and described the main features of the GFS’s user account.

Go to the broker’s website and choose the desired interface language in the right upper corner. Click the “Sign Up” or “Real Account” buttons.
Provide your name and email. Create a password and enter it twice. Enter a referral code if any and click the “Send email verification code” button.
A code is sent to your registered email. Copy and paste it into the corresponding field of the registration form. Check the box to agree to the terms and conditions and click the “Sign Up” button.
Log into your user account with your email and password. Enter the captcha and check the “Remember Me” box to avoid re-entering your registration data.
Enter your first and last names and gender. Choose your country of residence. Provide your phone number and residence address. Choose the type of document to confirm your identity and enter its number.
Upload scans or images of required documents following the on-screen instructions. Once uploaded, click the “Submit” button.
Go to the My Trading Accounts section and click the “Open Trading Account” button. Select the account type. Read and agree to the terms and conditions.
To deposit funds, go to the Asset Management section and click the “Deposit” button. Choose the desired account, and deposit method, and enter the amount. Follow the on-screen instructions. The funds are credited to your account upon successful processing.
Download the MT5 platform and install it on your device. Launch it, enter your registration data, and start trading.

Additional features of GFS’s user account allow traders to:

See aggregated data on active accounts with details for any parameter.
Upload verification documents and update personal information.
Open and close live or demo accounts, and view trading history.
Make deposits and withdrawals, and view transaction history.
The copy trading service, the interface of which differs for signal providers and investors.
Set security parameters and notifications, as well as contact technical support.

Customer Support

Score:

3.6 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

New broker clients may have various questions due to various reasons. To help them, GFS offers highly competent technical support available 24/5 via phone, email, live chat, and tickets.

Four communication channels
Support is highly appreciated by clients

All requests submitted on weekends are processed the next business day

Both registered clients and potential clients can reach technical support through the following channels:

Call center;
Email;
Tickets;
Live chat on the website.

Managers respond promptly via all channels and provide comprehensive consulting.

Contacts
Registration address	Flat A & B, 15F Amiata Industrial Building, 58-64 Lei Muk Road, Kwai Chung, New Territories, Hong Kong
Official site	https://gfs-markets.com/
Contacts	support@gfs-markets.com +852 3002 2272

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FAQs

How secure is trading with GFS in terms of regulation and safety measures?

GFS has a safety score of 8/10, which corresponds to a high security level in the reviewed methodology. It is regulated by the Australian Securities and Investments Commission (ASIC), a Tier-1 regulator, and provides negative balance protection and KYC verification, although its track record is less than 8 years and the foundation date is not specified.

What account types and trading conditions does GFS offer to its clients?

According to the review, GFS provides a demo account and a real account with no minimum deposit requirement, spreads starting from 0 pips, and a trading fee of $10 per lot. Leverage is available up to 1:500, micro-lot trading is mentioned as possible, and trading is conducted on the MT5 platform, while details such as swap-free or VIP options are not specified in this section.

What do GFS user reviews indicate about overall client satisfaction?

GFS has a user satisfaction score of 6.7/10 based on 3 reviews, with 33% of ratings at 4 stars and 67% at 3 stars, and no 5-, 2-, or 1-star ratings. Based on available user reviews, overall impressions are mixed rather than strongly positive or negative.

How are deposits and withdrawals structured at GFS and what limitations are mentioned in reviews?

The review states that GFS supports deposits and withdrawals via bank cards and bank wire, with no deposit or withdrawal fees, a $0 minimum deposit, and a $10 minimum withdrawal. However, it also notes limited payment options, only major base currencies (USD is specified), and the absence of PayPal, which may reduce flexibility for some users.

What does the review say about GFS customer support responsiveness and availability?

Customer support at GFS is described as available 24/5 via call center, email, tickets, and live chat, and is appreciated by clients, but testing found response speed below expectations and assistance limited in depth. The review also notes that requests submitted on weekends are processed on the next business day, which may be inconvenient for users needing immediate help.