GFI

The safety and reliability profile of Gold & Forex International (GFI) presents significant considerations for traders. According to WikiFX data, the broker's comprehensive assessment score is 1.56, which is very low. More critically, WikiFX assessment indicates GFI currently holds no valid authoritative forex trading licenses and operates without formal oversight from mainstream financial regulators. The absence of regulatory supervision is a key factor in assessing counterparty risk. Therefore, while the broker has been in operation for an estimated 5-10 years, it exhibits a high-risk profile that necessitates thorough independent due diligence before any engagement.

No. Based on WikiFX data, Gold & Forex International (GFI) is not regulated. The broker does not hold any valid licenses from recognized financial authorities such as the FCA, ASIC, or CySEC. It is registered in Belgium, but this registration does not equate to formal forex trading regulation that provides investor protection measures like segregated client funds or dispute resolution schemes.

The specific minimum deposit requirement for GFI accounts is not explicitly listed in the publicly available information from its official channels. This lack of upfront transparency is atypical of regulated brokers, who generally publish such basic account parameters clearly.

Based on its WikiFX software index score of 4.0, GFI provides a trading platform, but the specific software is not detailed. There is no confirmation from official sources that GFI supports the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Traders should verify this directly with the broker's customer service.