Friday, June 13, 2008



GFX GROUP SCAM CASE

Keep as far away as possible.

was impressed by the demo. thought that the spreads was good compared to other retail brokers and trades was executed fairly fast, but the live account was totally different.

first of all they will keep on re quoting you, on average I got 1-3 re quotes on closing a Major currency trade, I got re quoted 5 to 10 times trading Gold, and over 10 times on the smaller currencies like AUD before I could get an entry, could never close a silver trade without a loss even though the price was 30-60 pips on my side.

I made multiple complaints about irregular trades. they just gave me the runaround. they also got algorithms running over the true spot prices.
GFX GROUP SCAM WARNING

I have been with GFX SA for twelve months. Lots of requotes,trading platform freezing up and the last two days 17/10 & 18/10 their platform is blank!

I would have thought upgrades would be completed at week ends like any other company!

I just hope I can transfer my funds.

Can any body recommend a broker? Consider 200:1 margin and with simple charting as I only require four indicators.