GFT....Any good?

This is a discussion on GFT....Any good? within the General Trading Chat forums, part of the Reception category; It's been two weeks now with GFT. They are a massive improvement over CMC . GFT say they have .8 ...

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Old Feb 26, 2012, 12:49pm   #25
Joined Oct 2011
Re: GFT....Any good?

MoonRocket started this thread It's been two weeks now with GFT. They are a massive improvement over CMC.
GFT say they have .8 spread on the Euro but that must be an average of sorts because in the Asian session they are closer to two points and during the European session it oscillates from .6 to a 1 point spread. I don't mind because it probably simulates reality rather then the fake permanent .7 that CMC offers.
I've set my allowable slippage to 1 point and occasionally a market order is not filled which is fair enough, but every other time I got pretty well what I was after.
Their live chat is very prompt and very helpful.
Also you can have MT4 free of charge. It is very interesting to watch DealBook 360 and MetaTrader side by side. MetaTrader definitely lags DealBook by a milisecond or two and so the candles can form slightly differently. GFT told me they have the identical data feed.
Over about a four hour period I notice the occasional gap in M1 candles. Would this be gaps in the data feed or does the Euro gap minutely every now and again?
All in all GFT has been a very positive experience.
I find it interesting that they comparatively do very little marketing or advertising. So maybe they simply rely on giving quality and maybe...dare I say it......

honesty.
Time will tell.....I suppose.
When my account has grown massively, I'll come back and tell ya'all about it.
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Old Feb 26, 2012, 3:42pm   #26
 
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Re: GFT....Any good?

Moonrocket

Cant believe you didnt let me get a commission for you joining. Ive been with them a while as I've said earlier,they are miles ahead of IG and Fxcm in many ways
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Old Feb 26, 2012, 5:18pm   #27
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Re: GFT....Any good?

Quote:
Originally Posted by Lord Flasheart View Post
Moonrocket

Cant believe you didnt let me get a commission for you joining. Ive been with them a while as I've said earlier,they are miles ahead of IG and Fxcm in many ways
How much is it worth? They don't seem to have any account opening bonuses now.
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Old Feb 26, 2012, 8:34pm   #28
 
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Re: GFT....Any good?

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Originally Posted by Ross Spur View Post
How much is it worth? They don't seem to have any account opening bonuses now.
Lol, no idea,but I would certainly ask for something
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Old Feb 26, 2012, 9:43pm   #29
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Re: GFT....Any good?

MoonRocket started this thread
Quote:
Originally Posted by Lord Flasheart View Post
Moonrocket
Cant believe you didnt let me get a commission for you joining. Ive been with them a while as I've said earlier,they are miles ahead of IG and Fxcm in many ways
I actually did try.
I even mentioned your nic name on T2w and how the recommendation came from you, but they said they offer no commissions to anybody.
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but risk-seeking when making a decision that will lead to a certain loss." - Daniel Kahneman

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I found it one of the hardest things to learn."
- Jesse Livermore
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Old Feb 27, 2012, 5:16pm   #30
 
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Re: GFT....Any good?

I am unable to access the GFT website:
http://www.gftuk.com/

Is anyone else experiencing similar?
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Old Feb 27, 2012, 5:51pm   #31
 
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Re: GFT....Any good?

Now able to access the site.

Received an email from GFT customer service to say they "experienced a short service interruption with the website earlier today but this is now rectified".

Does this sort of service interruption happen frequently?
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Old Feb 27, 2012, 6:24pm   #32
 
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Re: GFT....Any good?

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Originally Posted by Lord Flasheart View Post
Lol, no idea,but I would certainly ask for something
Hate it when GFT ring you up having downloaded software - one suspects they are trying the pressure sell. But then - I am a cynic
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