GFT offering Binaries betting

Well that will do for my first day trying out GFTs binary bets live.

Deposited £150, made £255.10 profit.

Good times

hi,im thinking in oppening an account with GFT..have they put you limits in your winnings or any problem??

Nope, seem all good so far mate.

Hi Everyone, Please let me know how you get on with GFT Binary betting. As I would like to open an account.

Thanks!

I haven't traded binary options with them but, had a spread betting account with them for a few years.

Their customer service is excellent and I never had cause to complain. On one occasion, their platform crashed and I was unable to close a trade. They told me "if it wins, you can keep the profit; if it loses, then we'll scrub the trade". When a similar occurrence happened with Finspreads, they told me to "f*ck off" or words to that effect.

I never had any problem withdrawing funds from GFT and, to my mind, they are the best SB Co out there

Kubek, what if you end up in hospital for a few months (heaven forbid, but it happens) and you're unable, through illness or injury, to ask them to deactivate your account? The 'inactivity' fees would soon mount up.

The inactivity fees certainly send out the wrong signal. I assume they have a pile of accounts that were set up by excited first time traders with their 'Forex Millions by the summer, book your yacht now' EBooks! And then when the accounts were virtually wiped out (of course) they were left dormant and GFT are seeing the inactivity fees as a nice additional income stream.

It's a reminder that GFT are at heart a bucket shop, albeit one that have a good customer service and who came out of the recent regulatory clampdowns untarnished and looking relatively credible.

Incidentally I have traded binary options with them and the platform is stable enough. It won't suit Ladbrokes 5 minute roulette bettors used to trading 0.2 pounds per point on 5 minutes (as GFT's minimum size is always 1 pound per point), but for traders looking for a binary platform with stops and limits it is more suitable.

Spot on Torch! My thoughts exactly. The inactivity fee does not do them any favours, and makes them seem blatantly greedy, as I told one of their brokers. And for wiped-out newbies, they could easily forget about it.