Objective

The purpose of this Fees Policy is to outline the procedure that will be implemented by employees of GFX Securities B.S.C (Closed) (hereinafter “The Company”) in relation to addressing the customers the fee structure of our company in a fast and effective manner.

Trading Fees

The Company charges a flat fee of 0.70% for all trades. The Company also provides volume-based discounts for high-volume traders. The traders who complete $100,000 or more worth of trades per month could receive a discount of 0.05% of their trade.

Deposit Fees

The Company does not charge fees on deposits for all assets. However, corresponding banks may charge an international wire transfer fee. We do not cover any correspondent bank fees or international transfer fees associated with the transfer; Your account will be credited with the amount we receive in our bank account.

The Company does not collect any part of this fee.

Local Transfers from BahrainLocal transfers from Bahrain from any account to any account are free of charge. The exact amount you sent will be credited to your account.
International TransfersInternational transfers (from outside Bahrain) might have added fees due to bank charges and there might be a discrepancy between the amount you send, and what we receive.
Credit Card Deposits If the deposits are done using credit cards, then a small fee of 3.5% is applied. Fiat Deposits 1.5%.

Withdrawal Fees

Transfers within Bahrain

For local transfers of BHD within Bahrain, there are no withdrawal fees deducted. The exact amount you withdraw from your GFX account will be credited to your bank account.

International Transfers

For International transfers a flat fee of 30 USD or equivalent in any currency is charged. When making an international transfer to your bank account from our account, you are credited with what we send from our bank account, minus any wire transfer fees. There might be a discrepancy between what we send and what you receive. This is due to the different bank charges that vary between different banks. Withdrawal to Fiat (to bank or intl) 1.5%.

Cryptocurrency Send Fees

A flat fee is of 0.3% or equivalent in any currency is charged for each cryptocurrency send transaction.