Abstract:GQFX is a fast-growing international online forex trader. Currently, GQFX is regulated offshore by the International Financial Services Commission (IFSC) in Belize (Regulation No. IFSC/60/445/TS/19).
General Information & Regulation
GQFX is owned and operated by GQ Capital Incorporated – a company based in the offshore zone Belize. GQ Capital Inc obtained a license and is regulated by the country's International Financial Services Commission (IFSC) since 2016, with the regulation number IFSC/60/445/TS/19.
Market Instruments
The forex market is the most traded market in the world and is available 24 hours a day. Tradable instruments offered by this broker include forex currency pairs, metals, energy, CFDs.
Minimum Deposit
To meet different investors' needs and trading experience, GQFX offers four different types of accounts: the Mini Account (minimum deposit of $100), the Standard Account (minimum deposit of $100), the ECN Account, the VIP Accounts.
GQFX Leverage
In terms of trading leverage, the maximum leverage available on the GQFX platform is up to 1:100. Preofessional traders may thinks the leverage ratio is pretty average, however, inexperienced traders are advised not to use way too high trading leverage in case of heavy fund losses.
Spreads & Commissions
GQFX website announces its detailed spread information. The spread on EUR/USD is around 2 pips, EUR/GBP around 2.3 pips, GBP/JPY around 3.3 pips, GBP/USD around 2.4 pips, XAUUSD around 0.5 pips, XAGUSDS around 0.044 pips. In terms of major currency pair spread, it seems higher than sector standards.
Trading Platforms
GQFX offers traders the MT4 Windows, MT4 Mac, MT4 Android, and MT4 Tablet versions to meet a wide range of user needs, for traders to trade anywhere, anytime. MT4 Windows contains over 50 built-in trading indicators, analytical tools, multiple chart settings, and support for automated trading. GQFX iPhone application features lightning-fast one-click execution, multi-screen trading, and customized views of real-time exchange rate data.
Deposit & Withdrawal
GQFX welcomes traders to deposits and withdrawals to and from their investment account via bank wire transfer, credit/debit card, PayPal, NETELLER, Skrill, and China UnionPay.
Accepeted Regions
GQFX does not provide services to citizens of certain jurisdictions or countries, including but not limited to European Economics Area (EEA), the United States of America, Canada, Syria, Iraq, Sudan and North Korea.