GKFX Rated 3/5

GKFX Guide - Read our In Depth 2024 GKFX Review

This detailed GKFX review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs, Spread Betting.
*This content does not apply to US users.

Learn more about GKFX.

Benefits of Trading with GKFX

GKFX Review 2024 Quick Summary
๐Ÿ’ฐ Min Deposit 20
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 GKFX users and traders
๐Ÿ“† Founded 2010
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA)
๐Ÿšซ Excluded Countries GKFX is not available in the following countries : US

Open GKFX's Website

Losses can exceed deposits

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is GKFX?

GKFX are a worldwide financial trading platform and broker. founded in 2010

Over 14 years later GKFX now serves over 10,000 retail investors Forex trading, CFDs trading, and Spread Betting trading.

GKFX are a global broker. GKFX have a head office in UK.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this GKFX review and assess how well the GKFX platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like GKFX. Choosing or shortlisting a trading platform like GKFX can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like GKFX.

As a result, selecting the right trading platform like GKFX requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like GKFX available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like GKFX requires thorough due diligence and careful consideration. Some GKFX trading features can be complex when trading on mobile or using the GKFX online trading platform. Beginners and inexperienced traders must take the time to learn how to use the GKFX trading tools properly. In our review of GKFX we explain the pros and cons. What GKFX offer, countries GKFX are available in. Who GKFX are regulated by and more.

GKFX Review Screenshot

When it comes to online trading with brokers like GKFX, carefully review GKFX as your broker can make or break your success. Choosing the right broker is essential to ensure your GKFX investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your GKFX review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of GKFX. You must also ensure the GKFX broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, GKFX needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with GKFX into easily digestible information in this GKFX review. We want to ensure you have all the knowledge necessary to use the GKFX trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with GKFX are the key to successful trading, so we've provided this detailed GKFX review. So, take a seat, grab a cup of coffee, and dive in to learn about GKFX and how it can benefit you or if GKFX is not for you.

Online investing with GKFX can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with GKFX, evaluating the GKFX platform is important. Evaluation includes researching the GKFX management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with GKFX. That's why it's essential to understand the GKFX company policies and practices before making any investment decisions. By doing your due diligence and understanding GKFX platform, you can make informed investment choices that align with your financial goals. So take the time to research GKFX thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this GKFX review you need to determine if GKFX is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to GKFX, so you can make a more informed decision and compare other brokers against GKFX.

If you want to look at some GKFX alternatives that might better fit your needs, we list and compare some of the best GKFX alternatives further down this GKFX review.

Trading online with GKFX requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the GKFX trading tools and features. You must know what you are doing when trading with GKFX. That's why we've compiled this detailed GKFX review with some important information that will hopefully make you more informed when online trading with GKFX.

GKFX Review Table of Contents

GKFX review
GKFX is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about GKFX. GKFX is a multi asset platform with 100+ tradable Assets. Assets available on GKFX include Forex, CFDs, Spread Betting.

GKFX trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Spread Betting are considered financial assets.

Features of GKFX

GKFX review
What you should know

GKFX offer three ways to trade: Forex, CFDs, Spread Betting. The assets and products available to you on the GKFX trading platform depends on the region of the world, you are in and the GKFX entity you have an account.

With GKFX you will need a minimum deposit of $20. You can sign up for a demo account to acquaint yourself with GKFX platform.

GKFX are able to accommodate various levels of traders whether you are experienced or a beginner.

Are GKFX safe?

When considering GKFX for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as GKFX, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2010, and in operation for 14 years GKFX have a head office in UK.

GKFX is regulated. This means GKFX are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

GKFX withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like GKFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. GKFX are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of GKFX and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. GKFX has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, GKFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like GKFX, you can enjoy peace of mind and focus on your trading activities. If GKFX violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with GKFX?

All payments made to GKFX by traders are securely held in a segregated bank account.

GKFX uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should GKFX use them?

GKFX partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their GKFX clients' funds.

GKFX clients can have greater confidence in their financial security when working with a Tier 1 bank because GKFX are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in GKFX deposited in a Tier 1 bank?

Depositing funds with GKFX ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if GKFX were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that GKFX is a secure and safe platform.

Please be aware that trading in financial assets with GKFX carries a risk of loss. GKFX trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Spread Betting due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

GKFX emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about GKFX, let's closely examine its features.

To better understand the GKFX trading platform, you can create two separate accounts - one with real money and the other a GKFX demo account. A GKFX demo account provides a risk-free environment for experimenting with the GKFX platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in GKFX trading decisions.

Open a demo account Visit GKFX

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How GKFX as a Company Compare Against Other Brokers

Broker GKFX IC Markets Roboforex eToro
Year Established 2010 2007 2009 2007
Head Office UK Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ GKFX users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit GKFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

GKFX review
GKFX Pros and Cons

What we like about GKFX

  • Used by over 10,000 GKFX users and traders
  • Established in 2010
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $20

What we don't like about GKFX

GKFX review
GKFX Regulation and Licensing in more detail

GKFX is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of GKFX going into insolvency. GKFX compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like GKFX to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for GKFX traders.

GKFX is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like GKFX you should be sure they're legitimate online agent.

Is GKFX Global?

Yes, GKFX is global as GKFX is available in over 194 countries.

GKFX is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries GKFX covers include the UK, Germany, South Africa, Thailand, China and Australia. GKFX has a total of more than 10,000 users.

GKFX review
GKFX Fees Explained

  • GKFX doesn't charge withdrawal fees.
  • GKFX does not charge a fee for inactive accounts.
  • GKFX does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from GKFX are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

GKFX Costs To Check

Modern brokers like GKFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, GKFX may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall GKFX trading profitability.

How GKFX Fees Compare Against Other Brokers

Broker GKFX IC Markets Roboforex eToro
Min Deposit 20 200 10 100
Withdrawal Fees No No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees No Yes No Yes

GKFX Minimum Deposit

GKFX requires a minimum deposit of 20 GBP/USD/EUR when opening an GKFX trading account.

A minimum deposit is the minimum amount of money required by GKFX to open a new online brokerage account with them.

Don't be scared off by brokers like GKFX charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like GKFX, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

GKFX Withdrawal Fees

GKFX doesn't charge withdrawal fees.

GKFX Withdrawal rules may vary across different brokers when it comes to transferring funds from your GKFX or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with GKFX may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the GKFX withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from GKFX. Researching and comparing GKFX withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing GKFX funds frequently or dealing with large sums of money. Awareness of these GKFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your GKFX funds.

For example, GKFX allows you to withdraw your funds to Credit cards, Debit cards, Bank Transfer, SOFORT, Payoneer.

GKFX Inactivity Fees

GKFX does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by GKFX terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all GKFX fees and services. It's recommended that you check the GKFX website before signing up. If you decide to close your GKFX account, it's important to do so with the GKFX broker customer support and obtain confirmation that no remaining GKFX fees are due.

Brokers like GKFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

GKFX Deposit Fees

GKFX do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

GKFX Commission Fees

GKFX does not charge commission on CFD instruments.

Brokerage firms like GKFX may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the GKFX trading account level held by the trader.

GKFX may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing GKFX terms and conditions to understand the commission fees and any other charges that may apply is essential.

GKFX review
What can you trade with GKFX?

It's essential to note that the trading instruments offered under the GKFX brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the GKFX trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with GKFX over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, GKFX offer over 55 currency pairs.

GKFX Compared To Other Brokers

Compare GKFX with IC Markets and Roboforex below.

Losses can exceed deposits

How GKFX Trading Options Compare Against Other Brokers

Broker GKFX IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 55 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 300 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit GKFX
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider.

GKFX review
Trading on GKFX web platforms and other applications

GKFX offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

A GKFX iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

GKFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See GKFX's platforms

Is the GKFX Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the GKFX trading platform to protect you on PC and mobile GKFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using GKFX web trading platforms.

GKFX Trading Platform Options

After logging into your GKFX account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that GKFX does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

GKFX does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options GKFX gives you.

GKFX review
GKFX MetaTrader 4 (MT4)

GKFX MetaTrader 4

GKFX MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on GKFX offers traders comprehensive features and tools to enhance their trading performance. The GKFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the GKFX platform to their needs. One of the standout features of MT4 is its charting functionality, which allows GKFX traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give GKFX traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 GKFX trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the GKFX MetaTrader 4 (MT4) trading platform. MT4 is a platform available with GKFX, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The GKFX MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. GKFX allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with GKFX in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. GKFX MetaTrader 4 is compatible with the latest macOS. GKFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on GKFX

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade GKFX MetaTrader 4 on iOS Devices

You can download the GKFX app or trade with GKFX through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. GKFX customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade GKFX MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and GKFX offers its clients access to the MetaTrader 4 platform on these devices. With the GKFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing GKFX traders to stay on top of their trades and react quickly to changes in the market. With the GKFX MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade GKFX MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on GKFX are a powerful bundle of three major indicators designed to help traders make informed decisions. GKFX MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help GKFX traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing GKFX traders to potentially stay one step ahead.

GKFX MetaTrader 4 Advanced Trading Tools

The GKFX MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give GKFX traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, GKFX provides traders with everything they need to succeed. The GKFX MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing GKFX traders to analyze the market at any level of complexity.

Trade GKFX MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

GKFX MetaTrader 4 AutoChartist

Autochartist on the GKFX platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for GKFX MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, GKFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save GKFX users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. GKFX traders can navigate the platform and find the information they need to make informed trading decisions.

GKFX Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for GKFX traders of all experience levels.

GKFX Trading benefits

  • GKFX Allows scalping
  • GKFX Allows hedging
  • GKFX Offers STP
  • GKFX Low min deposit

GKFX Trading Accounts Offered

Below we give an overview of the account types that GKFX offer. Whatever you are looking to trade, the varying GKFX account types will be able to provide you with what you need.

  • GKFX Demo account
  • Micro account
  • GKFX Mini account
  • GKFX Standard account
  • GKFX STP account
  • GKFX Islamic account

Can I try GKFX?

GKFX provides a demo account that enables individuals to explore trading before investing their funds. By creating a GKFX practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the GKFX demo account can help individuals to make informed decisions before investing their money.

Open a demo GKFX account to practice and trade.

Losses can exceed deposits

GKFX withdrawal and funding methods

It's essential to remember that the payment methods provided by GKFX vary based on the GKFX entity and the GKFX client's country of residence. To view the GKFX payment options available, you can log into your GKFX member's area.

GKFX offers various funding payment methods listed in your GKFX dashboard if available in your region. To learn more about the GKFX funding and withdrawal options available in your area, you can explore the GKFX website.

GKFX provides several payment methods for funding your GKFX account. You may utilize any of these deposit options if they are available in your region. GKFX ensures that users have multiple payment methods to choose from, making it more convenient for verified GKFX account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the GKFX user's location. learn more about GKFX funding and withdrawal methods.

GKFX Payment Methods

Some GKFX payment methods are local and are available only to specific regions. GKFX account holders should check which payment methods are provided in your region.
  • GKFX accepts Credit cards
  • GKFX accepts Debit cards
  • GKFX accepts Bank Transfer
  • GKFX accepts SOFORT
  • GKFX accepts Payoneer
Broker GKFX IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer Yes No Yes No
Neteller No Yes Yes Yes

*please note available GKFX and other broker payment methods depend on the clients country of residence.

How can I start trading with GKFX?

To open a trading account with GKFX, individuals can sign up on the GKFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for GKFX account validation and making a deposit. Once completed, GKFX users can download the trading platform of their choice.

It's important to note that GKFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps GKFX maintain a trustworthy financial environment for its 10,000 users. Detailed information on the GKFX trading platforms is available on their website.

Losses can exceed deposits

Performing trades with GKFX

When using GKFX, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With STP execution on the GKFX platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

Like other brokers, GKFX margin requirements can differ depending on the traded instrument.

CFD Trading on GKFX

We will show you an example of the basics of using GKFX leverage.

CFD trading on GKFX allows traders to speculate on the price movements of various financial instruments against the broker GKFX, without actually owning real assets. With CFDs, GKFX traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

GKFX provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, GKFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the GKFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, GKFX leverage magnifies both profits and losses in trading.

Trading CFD trades on the GKFX platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced GKFX traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limit Risk When Trading with GKFX Stop Loss, GKFX Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as GKFX . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for GKFX traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an GKFX trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide GKFX traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with GKFX, you must actively monitor your live trading portfolio and financial exposure on GKFX.

Education Resources at GKFX

To trade effectively with GKFX, it's important to have a good understanding of the GKFX trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with GKFX and externally.

GKFX . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with GKFX. Familiarizing yourself with the GKFX trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using GKFX. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with GKFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like GKFX, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with GKFX. Explore the GKFX platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with GKFX, before live trading.

Customer Support at GKFX

As part of our GKFX review, we review customer service options, response times and problem resolution effectiveness on the GKFX trading platform. The GKFX trading platform supports a limited number of languages which includes English.

GKFX Available Support Types

GKFX have a double AA grade support rating because GKFX offer live chat and email support in multiple languages.

Livechat Support at GKFX

Our experience with the GKFX live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from GKFX.

We tested communicating with GKFX customer support in multiple languages and countries. GKFX made an effort to resolve the issues we had.

Email Support at GKFX

Our experience with GKFX email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at GKFX

Our experience with GKFX phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with GKFX.

See how GKFX Support Compares Against Other Brokers

Broker GKFX IC Markets Roboforex eToro
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit GKFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with GKFX

As GKFX is regulated by Financial Conduct Authority (FCA).

As a new client of GKFX, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with GKFX in your region. During the GKFX account opening process, you will be asked to provide GKFX with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with GKFX have the following documents available.

  • GKFX require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for GKFX compliance. This must be dated within the last six months.
  • If you plan to fund your GKFX account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the GKFX platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under GKFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring GKFX's platform.

However, remember that you won't be able to make trades on GKFX until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the GKFX KYC compliance process as soon as possible to avoid any delays in accessing the GKFX platform's features.

It is important to note that GKFX may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the GKFX platform and features immediately. However, you must pass the verification process to start live trading with GKFX, which can take up to a few business days.

To start the process of opening an account with GKFX you can visit the GKFX trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.gkfx.com/ on June 17, 2024.

Is GKFX A Good Broker?

We have spent over 5 years examining GKFX in depth. Although we found some very useful aspects of the GKFX platform that would be useful to some traders. We feel that a alternative to GKFX may better suit you.

  • GKFX have a good track record of offering Forex, CFDs, Spread Betting.
  • GKFX has a history of over 14 years.
  • GKFX has a reasonable sized customer support of at least 10.
  • GKFX are regulated by the Financial Conduct Authority (FCA). GKFX is subject to strict regulatory oversight from its respective jurisdiction, which holds GKFX (the broker) accountable for misconduct. This regulatory framework helps ensure that GKFX operates fairly and transparently and provides GKFX customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and GKFX.
  • GKFX have regulation from reputable regulators.
  • One of the advantages of using GKFX is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from GKFX are particularly important as GKFX traders want to receive their money quickly. With the efficient GKFX payment processing system, traders can enjoy faster access to their GKFX funds.
  • GKFX have an international presence in multiple countries. Including local GKFX seminars and training.
  • GKFX can hire people from various locations in the world who can better communicate in your local language.

GKFX Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

GKFX not quite right?

If after reading this GKFX review, GKFX does not fulfill your needs check out these GKFX Alternatives.

Click here to view the best GKFX Alternatives

We have spent years researching the best alternatives to GKFX. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective GKFX alternatives available today. If you are unsatisfied with GKFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated GKFX alternatives. Follow the links below to learn more about these GKFX broker alternatives and choose the one that best suits your trading needs.

Related GKFX Vs Comparisons

Throughout our comprehensive GKFX review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing GKFX against other popular brokers in the industry, check out our GKFX Vs pages. Our team has compiled a series of detailed GKFX comparison articles, pitting the GKFX platform against some of the best-rated GKFX competitors in the market. Dive into our informative GKFX Vs pages below to find out how GKFX stacks up against other leading brokers.

GKFX review
GKFX Frequently Asked Questions

Read our detailed GKFX FAQ Section updated for 2024.

Can I try GKFX?

GKFX offer a demo account so you can try the GKFX platform with virtual trading before you put down a payment. Virtual trading with GKFX is zero risk. Learn more here

What funding methods do GKFX accept?

Please note that the list of payment methods below depends on the GKFX Entity and the client's Country of Residence.

GKFX offer the following funding payment methods Credit cards, Debit cards, Bank Transfer, SOFORT, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is GKFX safe?

GKFX have over 10,000 users. GKFX are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to GKFX accounts by traders are held in a segregated bank account. For added security,GKFX use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with GKFX is risky, and because the market is so volatile, losses could happen at any time. Do not invest with GKFX unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Losses can exceed deposits

Is GKFX trading good?

GKFX is considered good and reputable to trade with GKFX. GKFX is used by over 10,000 traders and GKFX users. GKFX offers Forex trading, CFDs trading, and Spread Betting trading. Minimum deposit with GKFX is 20.

Is GKFX trading Legit?

GKFX was founded in UK in 2010. GKFX has been facilitating trade on the financial markets for over 14 years. GKFX offers clients Forex trading, CFDs trading, and Spread Betting trading. All funds deposited to GKFX are held in segregated bank accounts for security. GKFX is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is GKFX a good broker?

GKFX allows Forex trading, CFDs trading, and Spread Betting trading. GKFX is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.

Is GKFX trustworthy broker?

GKFX is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to GKFX, money is in a segregated bank account that is separate from GKFX company's funds. As a regulated broker, GKFX cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by GKFX. Instead, your GKFX funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with GKFX. Also GKFX is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA).

What is the minimum deposit for GKFX?

The minimum deposit to trade with GKFX is 20.

How long do GKFX withdrawals take?

Withdrawing money from GKFX processing time varies depending on the method but averages 1-5 days.

Is GKFX regulated?

GKFX is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of GKFX maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is GKFX a market maker?

GKFX is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by GKFX even if no buyer or seller is lined up.

How can I start trading with GKFX?

When opening a trading account with GKFX, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on GKFX trading platforms, you can follow the link provided below: Learn more about signing up with the GKFX trading platform here. This will provide useful information and insights into the various trading platforms offered by GKFX, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with GKFX?

Yes your money is safe with GKFX.

Overall, strict financial regulation is essential for ensuring that trading platforms like GKFX operate fairly, transparently, and responsibly, which ultimately benefits all GKFX stakeholders involved.

Trading platforms like GKFX must have strict financial regulation for several reasons:

  • Protecting GKFX Investors: Strict financial regulation ensures that investors who use the GKFX trading platform are protected against fraudulent or unethical behavior by the GKFX platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the GKFX platform.
  • Maintaining GKFX Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the GKFX trading platform. Regulatory procedures reduce the likelihood of the GKFX platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing GKFX Transparency: Regulations require trading platforms like GKFX to maintain detailed records and disclose GKFX client information. Financial regulatory requirements enhances transparency and helps to build trust between the GKFX platform and its investors.

GKFX is regulated by the Financial Conduct Authority (FCA). When selecting a broker such as GKFX, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, GKFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like GKFX.

Is GKFX a con?

GKFX is regulated and well established, having been in business for over 14 years. GKFX is not a con.

Can you make money with GKFX?

Although traders have had great success with GKFX, trading on the financial markets with GKFX is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does GKFX have fees?

GKFX doesn't charge withdrawal fees. GKFX doesn't charge inactivity fees. GKFX do charge deposit fees.

When was GKFX founded?

GKFX was founded in 2010.

How many people use GKFX?

GKFX is used by over 10,000 registered GKFX users.

What is GKFX Headquarters country?

GKFX has its head quarters office in UK .

Does GKFX offer negative balance protection?

GKFX does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does GKFX offer guaranteed stop loss?

GKFX does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does GKFX allow scalping?

GKFX offers scalping.

Does GKFX allow hedging?

GKFX offers hedging.

Does GKFX offer CFD trading?

GKFX offers CFD trading.

Does GKFX offer STP?

GKFX offers STP trading.

How many people use GKFX?

GKFX is used by over 10000 GKFX users and traders.

Is GKFX an ECN broker?

GKFX does not offer ECN trading.

Does GKFX offer a demo account?

GKFX offers a demo account.

Does GKFX offer an Islamic account?

GKFX offers an Islamic account.

What are the funding methods for GKFX?

Please note that funding methods and options available with GKFX can be found in the GKFX Members area and depend on the GKFX clientโ€™s country of residence. Please check your specific available payment methods on the GKFX website. GKFX accept the following funding methods : Credit cards, Debit cards, Bank Transfer, SOFORT, Payoneer.

GKFX review written by Andrew Blumer and Mark Hansen

We hope you found our review of the GKFX brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

GKFX review written by Mark Hansen of Comparebrokers.co