Gemforex | Is It Really A Gem?

Headquartered in Seychelles, Gemforex is a Japanese online foreign exchange and CFD broker founded in 2010, formerly known as Gemtrade, a company owned by Gem Group Holdings LTD.

Gemforex offers the industry's popular MetaTrader 4 and MetaTrader 5 trading platforms, as well as a wide range of trading instruments, including more than 50 currency pairs, more than 10 index CFDs, and more than 10 block index CFDs. In addition, Gemforex features no hidden fee structure, no requotes, no rejection of orders, and execution speed as low as one second.

Gemforex's services are not targeted or available to citizens/residents of specific jurisdictions such as the United States, Afghanistan, Belarus, Myanmar, Central African Republic, Congo, Cuba, Egypt, Guinea, Iraq, Iran, Lebanon, Libya, Mauritius, North Korea, Pakistan, Somalia, Sudan, Syria, Venezuela, Yemen, and Zimbabwe.

Safety:

Gemforex is currently regulated solely by the FCA of the Seychelles Financial Services Authority (SD116).

Client funds are held in segregated client accounts; separate from company funds and managed in accordance with client money handling rules.

All Gemforex accounts are protected by negative balances to ensure that traders do not lose more than their account balance.

Account Types:

Gemforex offers a variety of trading accounts:

• All-in-one account: This is a no-commission account. Minimum spreads start at 1.3 pips. The minimum capital requirement to open an account is $50.

• RAW Account: Trading through this account incurs a commission of $3 per side/lot. The minimum spread is from 0 pips. The minimum opening capital requirement is $3,000.

• Elite Account: This is a no-commission account. Minimum spreads start from 0.6 pips. The minimum opening capital requirement is $3,000.

Trading Platform:

Gemforex offers 2 trading platforms for investors to choose from:

- MT4 platform (PC, Mobile and Web): MT4 is the world's most popular trading platform for forex traders and is suitable for trading a range of market products, including CFDs based on forex, indices, commodities, and energy, with low spreads and extremely fast execution. In addition, MT4 offers a wide range of unique trading methods that are highly customizable and also allows users to automate their trading by creating algorithms.

- MT5 platform (PC, mobile, and web): MT5 is the most used trading platform in the world. MT5 is more flexible than MT4 and offers 6 order types for multi-asset trading.

Deposit & Withdrawal:

Gemforex offers several deposit methods, including bank wire transfer, credit cards (Visa and Master), Sticpay, and AstroPay.

There are no handling fees involved in depositing or withdrawing funds on the Gemforex platform. If a third party remits funds and the receiving bank charges a fee, it is the responsibility of the customer.

Customer Service:

Gemforex offers 24/5 multilingual online customer service. Service hours are Monday to Friday: 07:00 - 24:00 (GMT+8).

Clients can also contact Gemforex through email at support@gemforexglobal.com or submit an enquiry ticket on Gemforexs official website.