GFS Forex

Wading through the various online foreign exchange market brokers and singling out one to work with can be tricky. As popular as the forex market is, there are always new brokers setting up shop and older ones shutting their doors. Generally speaking, selecting a broker that’s been around for awhile is the best bet. GFS Forex has been in the trading business since 2001, and got into the forex market in 2006. In order to discern whether or not GFS Forex has what it takes, we’re going to take a closer look at it and explore how it operates.

About GFS Forex

When it was first founded in 2001, GFS worked with various investment instruments and provided a broad suite of investment services. It wasn’t until 2006 that GFS Forex & Futures, Inc., began to delve into the foreign exchange market in earnest. Initially, this broker did not accept clients from the United States – a move that seriously limited its growth potential. However, GFS eventually did open its doors to U.S. traders and has since seen its business boom considerably.

From its headquarters in San Francisco, GFS Forex now focuses on providing foreign exchange market traders with professional and efficient trading tools. An additional branch, in New York City, is located near Wall Street and helps keep this broker in the loop when it comes to financial news. In this way, serious investors and traders can take heart in the fact that GFS Forex is a legitimate financial trading operation.

Key Registrations

Since it operates on United States soil, GFS Forex does maintain compliance with several regulatory bodies. For example:

• GFS Forex is a Registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC)
• GFS Forex is a member of the National Futures Association (NFA)