Pumping Guys

The guys at Tadesyncer are absolutely first class. Their platform is fantastic with great and simple functionality and their support is amazing with quick responses any time there is an issue (which fortunately isn't often!) Worth every penny of the subscription fee.

GFN recently migrated from DX trade which in itself was an absolutely terrible trading platform. They have created their own platform which I can tell you is even worse.

On their platform you will find a lot size indicator which when you enter a lot size will turn blue or red, blue if the lot size is allowed in relation to the ‘free margin required’ as per your account size and red if the lot size is too big, if red, the platform will not allow you to execute the trade.

The new GFN platform only allows you to trade with tiny lot sizes, I have tried to place two trades in the last week on my funding challenge which is in drawdown, and their platform only allows me a lot size which equates to 0.2% of my balance. I hit an 11.2RR long on EUR/USD yesterday and made a pathetic 2.7% profit, you are also unable to enter another position while one is still open, which is again is absolutely absurd!!

I emailed GFN a week ago and this was the response “As our liquidity provider has changed since the migration to Matchtrader, we have taken that opportunity to create a leverage environment that prevents risky behaviours and encourages our traders to build up their accounts in a consistent manner. This means a much higher likelihood of a payout for you (we have studied the stats that back that up) and we hope you will experience that for yourself”.

While prop firms should encourage good risk management, It is not the right of a prop firm to dictate how traders manage risk. This lot size limitation issue and the inability to enter numerous positions means the platform is a complete waste of time, I came here to gain funding and scale and account, not be told I can only risk 0.2% of my balance on one trade per day.

I have made the decision to forfeit my challenge and leave for another more reputable company. I had a gut feeling something wasn’t right with GFN when I signed up and was proven right.

GFN you have lost a customer, and I hope anyone reading this review avoids making the same mistake.

Fast delivery and good choice of products. Will use again for sure.