Please read these Frequently asked Questions and if you have a question that is not here you can send it to us by using the form at the bottom of this page.
Without giving too much away, we look at all available information and then our risk analysis panel votes on it.
Smaller accounts get turned down more often because those traders don’t have much to lose. Bigger accounts tend to get approved more often because these Forex traders trading the bigger accounts have more vested interest in them so they have more to lose if they blow their trading account. Forex traders that have profitable results on real trading accounts for 6 months or more gets accepted automatically. Forex traders who studied at top institutions like MTI (Market Traders Institute) or GFI (Global Forex Institute), will get approved for funding pretty much automatically. Those who worked at investment banks and were trained by them e.g. RBS, JP Morgan etc. will also get approved pretty much automatically.
There are a number of things that you can do if turned down for our Forex Funding. Re-applying for a bigger account may help. You could also enrol in a Forex learning institution and there are currently only 4 training providers that we recognise. MTI (Market Traders Institute) and GFI (Global Forex Institute) are our top choices. If you can afford to pay $15,000 for training then MTI is within your budget. If your budget is a bit tighter, then you should look at GFI as they are the best value for money Forex training institute. You get lifetime membership to GFI (including training and lifetime mentorship) for less than $1,000. Both of these institutions also offer online classes for those overseas wanting to learn Forex trading. And lastly, over time you can build up a track record and link your account to a real-time verification system like FXBlue or MyFXbook.
Any Forex trader can apply for funding right here, right now. Anybody who thinks they are capable to trade Forex profitably can seek funding from us. We welcome anyone who has a good proof of track record who wants to elevate their starting equity capital. We know it takes money to make more money and therefore we understand your requirements. This is definitely the aid that you need to realise your million dollar earnings dream.
For newbie traders without any track record and those interested in Forex trading wanting to generate either part or full-time income, fear not. You need to learn from reputable and proven Forex learning institutions and over time, once you are capable with a solid track record, we welcome your funding application then. We would love to partner you to ensure your dream comes true.
You can apply for smaller amounts or even up to $100,000 depending on your needs. Our minimum asked for amount is $2,000 of which your portion of capital that you need to provide would be $100. REMEMBER, for whatever amount asked for if accepted, you will be required to provide the 5% capital and GFX will in turn provide the 95% value of your new trading account. All profits and losses are split 50/50. Your liability is limited to ONLY the 5% that you invested in. Therefore, you CANNOT lose more than the 5% that you forked out. And your profits are not limited in any way.
EXAMPLE: You seek $50,000 funding. Your portion of 5% (which is $2,500) is the amount of capital that you will provide. GFX will in turn fund 95% ($47,500) to boost your new trading account to a Pro Traders league level.
Over 80% of retail traders just lose their money to institutional traders with better access to information and having DMA directly from LPs. Retail traders trade with small accounts with market makers who could possibly cheat them.
With GFX not only will we fund 95% of your account up to $100,000 but we will give you the necessary tools to succeed. No, we will not provide you with technical analysis based systems that retail traders swear by even though 80% of them lose money trading this way. Institutional players don’t trade like that. We use big accounts, advance info to make trading decisions and we will connect you with a DMA partner that will help you grow your money. On our site you can access the bank’s forecasts from the top-30 investment banks plus articles describing upcoming trades directly from traders at these top institutions. This is what works and this is why we can fund 92% of retail traders that apply with us for funding.
Throughout our website you will notice documentation pertaining to Forex Trading activities. We are an Organization that deals with funding Forex Retail Traders only and as such we DO NOT consider any other requests apart from Forex Trading matters. For other funding requests, may we suggest you apply with the relevant bodies e.g. banks, venture capitalists, etc.
No. It’s free to register with GFX. The only cost to you is, upon funding request approval, you are required to furnish the 5% of the total funding value applied for. We will provide the 95% for your new trading account.
There is no set time period before an offer of funding might be made. The GFX Board will consider each individual trader on their own merits and overall trading track record before making any decision. This time period could be anywhere between a week to even several weeks long.
As a general indication, from the point an application is made the GFX Board will typically assess all track record details and the required vetting before consideration is made. However, proven known talented traders or ones who can show that they are the real deal have been in the past approved for funding sooner.
This FAQ would constantly be updated periodically. Thank you for you patience.