💰 Your cashback with GTC
Link your GTC account under ShaFX and start earning automatic cashback on every lot — no cost, no change to how you trade.
GTC
Multi-asset broker for forex, indices and commodities
Founded 2012 · HQ: UAE (Dubai) / global · FCA (UK), ASIC, SCA (UAE), FSCA, FSC, VFSC
No trading password needed. ShaFX never asks for broker login or trading credentials. Spreads, deposits, withdrawals, and account access remain between you and the broker.
GTC offers retail forex/CFD trading via the MyGTCPortal client area. ShaFX users open a new account through the ShaFX signup link; existing-account IB transfer is not available on this broker.
Pros & cons
✓ Pros
- FCA + ASIC + SCA UAE regulated; 985,000+ clients in 100+ countries; 27,000+ instruments; UAE/MENA presence; strong IB program (up to 70% cashback); Islamic accounts
✗ Cons
- Highest leverage (1:2000) only via offshore VFSC entity; ECN account needs $3,000; verify which entity serves your region
Platforms & features
| Trading platforms | MT4, MT5, WebTrader |
|---|---|
| Account types | Standard, Pro, ECN, ECN Pro |
| Instruments | Forex, Indices, Commodities, Energy, Metals, Stocks, Crypto (27000+ instruments) |
| Deposit methods | — |
| Withdrawal methods | — |
Sharia considerations
This account is a CFD account, not ownership of the underlying asset — true of every broker on this page. The facts below are what ShaFX actually has on file; anything not tracked shows as Unknown rather than assumed.
| Swap-free option | Swap-free option offered |
|---|---|
| Admin/holding fee if swap-free | Unknown — verify with broker |
| Swap-free time limit | Unknown — verify with broker |
| Account structure | CFD (derivative price exposure, not direct ownership) |
| Max leverage | 2000 |
| Regulation | FCA (UK), ASIC, SCA (UAE), FSCA, FSC, VFSC — FCA + ASIC Tier-1 + SCA UAE + offshore |
Verified, last reviewed 2026-08-26
Swap-free account Review the conditions ▾
Administrative fees Read the swap-free terms ▾
Cashback & transfer rules
| Payment mode | tracking_only |
|---|---|
| Rate type | usd_per_lot |
| Payment timing | |
| Minimum trade duration | |
| Existing account transfer | new_account_required |
| Transfer instructions | GTC does not support existing-account IB transfers. To trade under ShaFX, open a new account through the ShaFX signup link. After registration, submit your GTC account ID inside ShaFX for verification. ShaFX never asks for trading passwords. |
Moving under ShaFX does not give ShaFX control over your account. ShaFX never asks for trading passwords. Spreads, deposits, withdrawals, and account access remain between you and the broker.
Cashback estimate
Assumption: 22 trading days/month. This is an estimate only. Real eligibility depends on broker account type, instrument, trade duration, country rules, and verified reporting.
ShaFX Trust Score 66.1 / 100
Confidence: medium
A transparent estimate combining editorial review, trader reviews, admin-verified issue reports, regulation and data freshness. It is not investment advice or a guarantee. Components without data are left out and the rest re-weighted. Updated Oct 19, 2026
Report a problem with this broker
Had a withdrawal delayed or denied, a frozen account, or another serious problem? Submit it with evidence. ShaFX reviews every report before it is counted publicly.
Counts include only reports ShaFX reviewed against the evidence provided. They reflect individual traders' experiences and are not a finding about the broker's overall conduct.
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