GKFX Vs IC Markets

How GKFX and IC Markets Compare in 2023

GKFX or IC Markets who is better?

Compare GKFX Versus IC MARKETS and Roboforex broker accounts.


Compare GKFX Vs IC Markets Side by Side

So you are looking for a broker, GKFX or IC Markets who should you choose?

When trading on financial markets you will want to know all about who GKFX or IC Markets are, and how they compare. You will naturally want to know how long GKFX and IC Markets have been in business and what reputation GKFX and IC Markets have. On top of this, you will need to discover if GKFX and IC Markets match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how GKFX and IC Markets compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of GKFX and IC Markets side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing GKFX and IC Markets. By comprehensively comparing GKFX and IC Markets features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with GKFX, IC Markets or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on GKFX and IC Markets. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the GKFX platform or IC Markets, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


GKFX

(3/5)
Benefits of GKFX?
  • Established in 2010
  • GKFX have been in business for 13 years.
  • Head quarters in UK.
  • Live Chat
  • Segregates clients funds
  • GKFX Min deposit $20
GKFX screenshot GKFX sign up here
Losses can exceed deposits
Reputation Support
Good
Good

GKFX Regulation

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

Excluded Countries

US

GKFX Fees

Deposit fee Varies
Commission No
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $20
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
1-5 business days

Withdrawal processing time
1-5 business days
See all GKFX
funding options here
Losses can exceed deposits

GKFX Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

GKFX Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

GKFX Languages

English

See GKFX
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See GKFX
instruments here
Losses can exceed deposits

GKFX Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the GKFX website. Our records were last updated on .

Visit GKFX today
Losses can exceed deposits

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 16 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

Roboforex

(4/5)
Benefits of Roboforex?
  • Established in 2009
  • Roboforex have been in business for 14 years.
  • Head quarters in Belize.
  • Live Chat
  • Segregates clients funds
  • Roboforex Min deposit $10
Roboforex screenshot Roboforex sign up here
Losses can exceed deposits
Reputation Support
Good
Good

Roboforex Regulation

Roboforex is regulated by the 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.

Excluded Countries

AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US

Roboforex Fees

Deposit fee No
Commission No
Inactivity fee No
Withdrawal fee Yes
Min trade 0.01 Lot
Max trade 100 Lot
Min deposit $10
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Roboforex
funding options here
Losses can exceed deposits

Roboforex Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Roboforex Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Roboforex Languages

English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian

See Roboforex
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Roboforex
instruments here
Losses can exceed deposits

Roboforex Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Roboforex website. Our records were last updated on .

Visit Roboforex today
Losses can exceed deposits

GKFX Vs IC Markets Table of Contents

GKFX and IC Markets in Detail

GKFX Review Screenshot

The GKFX online trading platform gives traders from all over the world access to over 100 financial instruments including over 2,250 available instruments. There are over 10,000+ registered customers that have taken advantage of the GKFX platform.

GKFX are regulated by Financial Conduct Authority (FCA).

GKFX Review Screenshot

IC Markets is a renowned Australia financial trading brokerage established in 2007.

IC Markets serves customers globally and are regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). Depending on the country you are trading from GKFX may serve you from a different business entity to comply with its financial regulators.

IC Markets is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. GKFX is not listed as a PLC.

IC Markets is a popular well known financial trading platform serving over 180,000 customers.

Benefits of GKFX and IC Markets Compared

Below, we will give you a summary of the benefits GKFX and IC Markets offer side by side.

GKFX offers a minimum deposit of 20 while IC Markets have a 200 minimum deposit.

Why smaller trading deposits are good and how GKFX and IC Markets compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either GKFX or IC Markets. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. GKFX requires a minimum deposit of 20, whereas IC Markets mandates a minimum deposit of 200. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's GKFX or IC Markets, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

GKFX allows traders to trade up to 100 financial instruments while IC Markets have around 2,250 on their trading platform.

The more instruments available on GKFX and IC Markets trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of GKFX or IC Markets.

The GKFX trading platform has 300 stocks listed while IC Markets has 2,100 stocks listed.

GKFX allows retail traders to trade the following assets Forex, CFDs, Spread Betting on the GKFX MT4, Mac, Web Trader, Tablet & Mobile apps trading platforms.

Alternatively IC Markets allows retail traders to trade Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies on the IC Markets MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android trading platforms.

Compare GKFX and IC Markets in more detail below.

Drawbacks of GKFX and IC Markets Compared

Below we compare what drawbacks GKFX and IC Markets have side by side.

Various potential downsides can be associated with certain brokers, including GKFX and IC Markets. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by GKFX compared to IC Markets. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of GKFX versus IC Markets.

Broker GKFX IC Markets Roboforex
Inactivity Fees No No No
Withdrawl Fees No No Yes
Withdrawal Processing Time 1-5 business days Varies Varies
Min Deposit 20 200 10
Social Trading No Yes No
Excluded Countries US US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US

GKFX Vs IC Markets Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with GKFX or IC Markets. A diversified portfolio with GKFX or IC Markets can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like GKFX or IC Markets, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as GKFX and IC Markets.

Broker GKFX IC Markets Roboforex
Instruments Available 100 2250 100
Offers share dealing No Yes No
Number of Shares 300 2,100 0
Offers US Stocks Yes Yes Yes
Offers UK Stocks Yes Yes Yes
Offers German Stocks Yes Yes Yes
Offers Japanese Stocks Yes Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 20 21
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes No
Offers Agricultural Commodities Yes Yes No
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 55 61 35
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No Yes No

GKFX Vs IC Markets Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both GKFX and IC Markets, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both GKFX and IC Markets offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with GKFX or IC Markets is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with GKFX or IC Markets could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on GKFX, IC Markets, and all brokers are subject to regulation.

We compare GKFX vs IC Markets Crypto options below side by side.

Broker GKFX IC Markets Roboforex
Allows Cryptocurrency Trading (availability subject to regulation) Yes Yes No
Cryptocurrencies Offered BTC, LTC, ETH, XRP, DSH BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

GKFX Vs IC Markets Commission and Fees

knowing your trading and commission fees with GKFX vs IC Markets is extremely important. For the majority of the GKFX 100 financial instruments and IC Markets 2,250 available financial instruments.

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with GKFX and IC Markets. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with GKFX and IC Markets before you invest because you must know what you are paying.

You ideally want to choose a broker like GKFX or IC Markets that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with GKFX or IC Markets. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential GKFX and IC Markets fees, of course. Make sure you do your research and check the commission and fees with both GKFX and IC Markets before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with GKFX or IC Markets be aware of or 3rd party payment provider fees and currency conversion fees.

GKFX and IC Markets do not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant GKFX and IC Markets accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your GKFX or IC Markets account, or choose to close it.

Usually, the associated fees for dormant GKFX or IC Markets accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live GKFX or IC Markets trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like GKFX or IC Markets you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay GKFX or IC Markets nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how GKFX vs IC Markets compare side by side for commissions and fees.

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

GKFX Vs IC Markets Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the GKFX and IC Markets platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an GKFX or IC Markets demo account.

Broker GKFX IC Markets Roboforex
Offers MT4 Yes Yes Yes
Offers MT5 No Yes Yes
Offers cTrader No Yes Yes

GKFX Vs IC Markets Mobile Trading

Trading on your mobile with GKFX and IC Markets can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and GKFX and IC Markets mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with GKFX or IC Markets. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with GKFX or IC Markets can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with GKFX or IC Markets is essential. Likewise, if you have an android phone, it's crucial to verify if GKFX or IC Markets broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if GKFX and IC Markets have trading apps compatible with your device.

Broker GKFX IC Markets Roboforex
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes No
Microsoft Trading App No Yes No

GKFX Vs IC Markets Trading Account Types Offered

GKFX Vs IC Markets Demo Account

A demo account with GKFX or IC Markets is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an GKFX and IC Markets demo account.

GKFX Vs IC Markets Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if GKFX or IC Markets offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

GKFX does offer clients Micro accounts, while IC Markets does not offer clients Micro accounts.

GKFX Vs IC Markets Standard Account

A standard account is available on GKFX and IC Markets to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both GKFX and IC Markets do offer clients Standard accounts.

GKFX Vs IC Markets MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with GKFX or IC Markets or alternative.

Both GKFX and IC Markets do offer clients MAM accounts.

GKFX Vs IC Markets ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with GKFX or IC Markets or alternative.

GKFX and IC Markets do not offer clients ECN accounts.

GKFX Vs IC Markets Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with GKFX or IC Markets or alternative.

Both GKFX and IC Markets do offer clients Islamic accounts.

GKFX Vs IC Markets STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with GKFX or IC Markets or alternative.

GKFX and IC Markets do not offer clients STP accounts.

GKFX Vs IC Markets Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

GKFX and IC Markets do not offer clients Managed accounts.

Broker GKFX IC Markets Roboforex
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts Yes No Yes
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts Yes Yes Yes
Offers ECN Accounts No No Yes
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts Yes No Yes
Offers Managed Accounts No No No

GKFX Vs IC Markets Withdrawal and Funding Methods

GKFX and IC Markets have multiple deposit and withdrawal options. Funding and withdrawing from your GKFX and IC Markets accounts to your chosen payment method should be straightforward. Lets see how GKFX and IC Markets compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from GKFX or IC Markets.

Broker GKFX IC Markets Roboforex
Payment Methods Credit cards, Debit cards, Bank Transfer, SOFORT, Payoneer, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether), Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,

GKFX Vs IC Markets Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of GKFX or IC Markets support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the GKFX and IC Markets support is always available when needed. GKFX and IC Markets customer support is not just useful. broker customer support is crucial to your trading success!

GKFX Vs IC Markets Live Chat

Live chat is important for several reasons. When you encounter a problem with GKFX or IC Markets trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both GKFX and IC Markets offer livechat support.

GKFX Vs IC Markets Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either GKFX or IC Markets you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the GKFX or IC Markets support team to answer satisfactorily. Email support with GKFX and IC Markets will be needed.

Both GKFX and IC Markets offer email support.

GKFX Vs IC Markets Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either GKFX or IC Markets. We can get straight to the point, saving us time and frustration.

GKFX do offer phone support. On the other hand IC Markets do not offer phone support.

Lets see how GKFX and IC Markets customer support compare side by side.

Broker GKFX IC Markets Roboforex
Offers Live Chat Yes Yes No
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
Support Email [email protected] [email protected] [email protected]
Phone (44) (0) 2071861212 No 357 25 262660

GKFX Vs IC Markets Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether GKFX and IC Markets are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that GKFX or IC Markets have these in place, please be extremely cautious before you proceed with them.

We compare GKFX Vs IC Markets financial regulation and licensing side by side below.

Broker GKFX IC Markets Roboforex
FCA Regulation Yes No No
CySEC Regulation No Yes No
MiFID Regulation No No No
ASIC Regulation No Yes No
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

GKFX Vs IC Markets Risk Management Features

When trading with either GKFX or IC Markets you will want to understand and make full use of all the risk management features on your GKFX or IC Markets trading platforms.

We compare side by side the trading risk management features offered by GKFX and IC Markets below.

GKFX Vs IC Markets Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both GKFX and IC Markets do offer clients hedging.

GKFX Vs IC Markets Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both GKFX and IC Markets do offer clients stop losses.

GKFX Vs IC Markets Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both GKFX and IC Markets do offer clients limit orders.

GKFX Vs IC Markets Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

GKFX does not offer clients negative balance protection, while IC Markets does offer clients negative balance protection.

Broker GKFX IC Markets Roboforex
Offers Hedging Yes Yes Yes
Negative Balance Protection No Yes No
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

GKFX Vs IC Markets Verdict

We hope this GKFX Vs IC Markets guide has helped you decide who is best to trade with out of GKFX and IC Markets.

When choosing a broker like GKFX or IC Markets for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with GKFX or IC Markets are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as GKFX or IC Markets, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with GKFX or IC Markets.

Also, before you sign up with online brokers like GKFX or IC Markets, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with GKFX or IC Markets before investing money into something.

Beware of the risks that come with trading with GKFX or IC Markets. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all GKFX and IC Markets educational resources and financial research tools. If you are new to trading, sign up for a demo account with GKFX and IC Markets to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using GKFX or IC Markets will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if GKFX and IC Markets fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with GKFX or IC Markets if your investment strategy is more long-term.

GKFX and IC Markets Alternatives

If GKFX and IC Markets are not what you are not quite what you are looking for we list some of the best GKFX and IC Markets alternatives below.

Other GKFX and IC Markets Vs Comparisons

If you are still looking for an alternative to GKFX and IC Markets and want to see how GKFX or IC Markets compares Vs other brokers check out the GKFX Vs and IC Markets Vs list below.

GKFX Vs Alternatives

Still not happy have a look at some of our alternative GKFX Vs side by side comparisons below

IC Markets Vs Alternatives

Still not happy have a look at some of our alternative GKFX Vs side by side comparisons below

GKFX Vs IC Markets Frequently Asked Questions

We answer some of the most frequently asked GKFX Vs IC Markets questions below.

Is GKFX any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is GKFX legit? - GKFX are regulated by Financial Conduct Authority (FCA) and have been in business since 2010

Is IC Markets any Good?

IC Markets are regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2007.

Which is better GKFX or IC Markets?

GKFX does not have a high rating, while IC Markets does not have a high rating.

Is GKFX a con?

GKFX is regulated by Financial Conduct Authority (FCA) and have been in business since 2010. GKFX is most definitely not a con as they are regulated by major financial regulators.

Is IC Markets a con?

IC Markets is regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2007. IC Markets is most definitely not a con as they are regulated by major financial regulators.

What happens if GKFX or IC Markets go bust?

GKFX and IC Markets are regulated, which means that as part of their regulatory obligations GKFX and IC Markets have to offer a certain level of financial protection to their clients. GKFX and IC Markets should by law keep client funds separate from GKFX and IC Markets funds. If either GKFX or IC Markets goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the GKFX and IC Markets websites and regulators.

Are GKFX or IC Markets good for beginners?

GKFX and IC Markets offer low deposits and access to a selection of market insights and news resources. Both GKFX and IC Markets offer demo accounts. Demo trading accounts are a big plus for GKFX and IC Markets as it shows they are interested in their customers.


Learn more Learn more about GKFX.
Losses can exceed deposits