General Information & Regulation
GEX Finance, a trading name of GexFinance UK Ltd, is allegedly a forex broker registered in the United Kingdom that claims to provide both retail and institutional clients with various tradable financial instruments with raw spreads on the MetaTrader4, MT4 Web Trader and MT4 for Mobile & Tablets trading platforms, as well as a choice of four different real account types and 24/5 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that GEX Finance does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.25/10. Please be aware of the risk.
Market Instruments
GEX Finances website shows that the broker offers access to a wide variety of trading assets, covering forex, indices, energy, metals, cryptocurrencies and stocks.
Account Types
GEX Finance claims to offer demo accounts with $100.000, as well as real accounts which include Lot Refunded Account, Islamic Account, MAM Account and Special Account Types. However, the broker says nothing about the minimum initial deposit requirement to open an account.
Spreads
GEX Finance claims that real investment accounts can enjoy raw spreads.
Trading Platform Available
Platforms available for trading at GEX Finance are MetaTrader4, MT4 Web Trader and MT4 for Mobile & Tablets. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Bonuses
GEX Finance claims to offer all kinds of bonuses, including a 30% bonus for your first investment, 10% referral bonus, 20% stop-out bonus and 5% extra bonus on investments made with BTC, yet we cannot be sure if the bonus can be withdrawn without any limitation.
In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.
Customer Support
GEX Finance‘s customer support can be reached by WhatsApp, email: info@gexforex.com or fill in Contact Form to get in touch. You can also follow this broker on social media platforms such as Twitter and Instagram. Company address: 68 Brahman House 9 Gatliff Road, London, England, SW1W 8DQ. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Pros & Cons
Frequently Asked Questions
What trading instruments does GEX Finance offer？
GEX Finance offers a series of trading instruments, including Forex, Indices, Energy, Metal, Crypto, and Stocks.
Does GEX Finance offer demo accounts？
Yes, demo accounts are available with the GEX Finance platform.
What types of trading accounts does GEX Finance offer？
A total of four types of trading accounts are available, including Lot Refunded Account, Islamic Account, MAM Account, Special Account.
What trading platform does GEX Finance offer？
GEX Finance offer the industry-leading MT4 trading platform.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
