Score
Australia
|
5-10 years
| http://www.gfacm.com/?l=en-us
Website
Rating Index
LicensesLicensed Entity：GFA Capital Markets LTD
License No. 398104
Australia
gfacm.com United States
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| GFA Capital Markets LTD Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Australia |
| Regulation | ASIC (suspicious clone) |
| Market Instruments | forex, metals |
| Demo Account | ✅ |
| Leverage | Up to 30:1 (major FX) |
| Spread | / |
| Trading Platform | GFA Trading Platform |
| Minimum Deposit | $100 (Mini Account) |
| Customer Support | Email: gfa.customer@gfacm.com.au |
| Phone: +61 2 8599 8111 / 8112 / 8113 | |
| Address: Suite 201, Level 2, 46 Market Street, Sydney NSW 2000 | |
GFA Capital Markets LTD specializes in CFDs on forex and metals on its own trading platform. But it runs on a suspiciously cloned ASIC licence and isn't officially regulated. The company has several account levels and customer service available 24/7. Besides, a demo account is also available.
| Pros | Cons |
| Demo account available | Suspicious clone ASIC license |
| 4 account types | Lack of transparency |
| 24/7 customer service | No MT4/MT5 support |
| Various contact channels |
| Regulatory Status | Suspicious Clone |
| Regulated By | Australia (ASIC) |
| License Type | Market Maker (MM) |
| Licensed Institution | GFA Capital Markets LTD |
| License Number | 398104 |
GFA Capital offers CFDs on multiple asset types. Example instruments include:
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Indices | ❌ |
| Futures | ❌ |
| Cryptos | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Options | ❌ |
GFA offers four CFD account tiers with a minimum deposit of $100. Demo account is also available.
| Type | Minimum Deposit | Lot Size (FX) |
| Mini Account | $100 | 0.01 lots |
| Standard Account | $2,000 | 0.1 lots |
| High Level | $30,000 | 0.5 lots |
| VIP Account | $300,000 | 1 lot |
Leverage ranges from 2:1 (crypto) to 30:1 (major forex pairs), following ASICs restrictions.
| Instrument Type | Maximum Leverage |
| Major FX Pairs | 30:1 |
| Minor FX Pairs, Gold, Major Indices | 20:1 |
| Other Commodities, Minor Indices | 10:1 |
| Crypto Assets | 2:1 |
| Shares & Other Assets | 5:1 |
GFA Capital Markets LTD requires initial margin from 1%, with overnight interest applied to all rolled-over positions.
| Fee Item | Description |
| Overnight Interest | Applied daily on rollover positions, rate based on market conditions. |
| Margin Requirements (FX & Metals) | Initial: 1% |
| Maintenance: 0.5% | |
| Cut-off: 0.1% |
GFA provides its own GFA Trading Platform, available on all major devices:
| Trading Platform | Supported | Available Devices | Suitable For |
| GFA Trading Platform | ✔ | Windows, Mac, Web, iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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