Thursday, June 12, 2008

GFT SCAM REVIEW


GFT is falling apart!


I've traded with them for over a year now after having a bad experience with FXCM.

When they added futures to Dealbook, I was excited about the product expansion. Unfortunately, immediately after adding futures, the platform slowed to a crawl.

When I called to complain, their tech. support had me uninstall then reinstall the platform -- not once but five times (a 22MB file)!! I was even sent a "patch" to correct the issue but that failed as well.

I then decided to call my forex specialist as a last resort before closing my account. My call was answered by an individual that did not know anything about forex or futures but was assigned to my account due to my prior specialist quitting. I asked this person if they had any trading experience at all and their answer was "No - I've never traded a live account.

" Needless to say, my confidence level with GFT was heading south fast. When I asked to speak to a manager, I learned that he was new as well and knew less about Dealbook then my new specialist did! He has no trading experience either and could not help me with my problem although he was very proud of the fact that he has hired over a dozen new forex specialists with no prior industry or trading experience due to the high employee turnover.

When I informed him I was going to close my account, he proceeded to tell me how GFT is now mirroring FXCM in both variable pip spreads and trade execution.

Wrong Answers GFT.

You took what was once a good trading platform and company then destroyed them both. I closed my account that day!

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