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GKFX Guide – Read our In-Depth GKFX Review

This GKFX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this GKFX review does not apply to US users.

This GKFX review contains the most recent information about GKFX.

If you are a new entrant in the world of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who'll be clear with you constantly.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program will create hefty returns. GKFX is one such platform which will take you along with your investment into great heights. It is important that you understand all about GKFX before you trust them with your cash.

GKFX review

Our entire GKFX Review covers all you will need to know about trading with GKFX. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

GKFX is a broker which has forged its way successfully to the brokerage world. Within this review, we've tried to collate a number of the important facets of GKFX. This review can help you to know whether GKFX is a good match for your own investments or not. We have tried to breakdown all the features and charges for your advantage.

GKFX Review, Table Of Contents

Who are GKFX?

GKFX is a foreign exchange broker headquartered in UK and provides a range of tools for online trading. Since its start in 2010, GKFX has emerged as a top-tier player in the field of online brokerage. GKFX has an extremely aggressive and full-featured trading website that is focused on forex, indices, metals, sharesand commodities.

Over the past 11 years, GKFX has grown into one of the leading online brokers.

After establishing in 2010, their customer base is becoming as large as 10,000+ clients.

GKFX is the favorite of many traders.. Our GKFX review discovered that they're an superb choice for automated trading solutions. It's best suited for investors that are looking for an assortment of assets. Social and automated trading solutions are the heart at GKFX.

Technology plays a substantial role in GKFX. GKFX offers trading on MT4, Mac, Web Trader, Tablet & Mobile apps. GKFX is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The educational department at GKFX is quite enlightening for new traders as it allows them to have a closer look in the financial markets. GKFX caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.

Benefits of doing online trading with GKFX?

Trading with GKFX comes with many advantages. These advantages are what sets GKFX apart from all other online brokers. You should check all the benefits listed so that you have a better understanding of GKFX.

The agent goes to great lengths to comprehend what traders want. Consequently, the service price is low, quick, and convenient. The broker also provides a variety of platforms for all kinds of traders. GKFX helps to ensure that the individual needs of all traders are completely met.

GKFX also includes excellent trading conditions that are available to only an elite group of institutional customers. The tight spreads and fast executions are a great advantage for those traders. The technology adopted by GKFX is among the highest caliber, making sure that it's fast, dependable, and effective.

GKFX acknowledges the importance of having a quick order execution. A fast implementation enables users to trade without worrying about slippage safely. It will also help the dealers to catch the maximum profitable opportunities.

Automated trading is another major aspect of GKFX. A new dealer can learn from business experts utilizing the automatic trading alternative. The tight spread starts from as low as 0.0 pips, though they are available for only razor balances.

GKFX has over 100 trading tools to support all types of traders. These tools are dynamic and suitable for both the new and experienced traders. The dealers can set aside all their concerns when trading with GKFX.

GKFX overview

Year Founded: 2010

Regulated By: Financial Conduct Authority (FCA)

Hedquarters: UK

Minimum Deposit: $20

Number Of Clients: 10,000+

Losses can exceed deposits

If you feel that GKFX is not right for you then at the bottom of this GKFX review you wil find a lot of alternatives to GKFX.

Everything you should know about trading with GKFX

GKFX is a dynamic platform that offers various techniques of trading online. These instruments cover the financial markets substantially. Most of the brokerage platforms provide less procedures than GKFX

If you would like to trade with GKFX, you will require a minimum deposit of $20. This deposit is mandatory if you wish to start trading with GKFX. This 2021 GKFX review will direct you clearly about trading with them.

GKFX is as versatile as another brokerage platform. GKFX is ideal for traders that want a manageable assortment of low-cost services. The platforms provided by GKFX are third party, white-label offerings. All traders may select from MT4, Mac, Web Trader, Tablet & Mobile apps.

Together with everything, GKFX has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction must be kept available. The agents offer premium customer service which rewards clients with benefits.

Many less reputable brokers try to pressurise users into larger financing for superior services. GKFX, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further benefits will come along.

GKFX accounts are available globally and provides quality service wherever they have clients. There are only a select few countries where GKFX accounts are not available. Traders in the following countries cannot open or use a GKFX account:

Is GKFX Safe To Trade With?

Established in 2006, GKFX has been in operation for 11 years, they are headquarted in UK.

GKFX is regulated by Financial Conduct Authority (FCA). These figures have rules that mandate that trading platforms have ploicies in place to keep investor's resources procured. This usually means that GKFX users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption secures every user's private information also.

You can make use of a choice for 2 Factor Authentications (2FA) with GKFX for heightened safety. An SMS with the verification code will be sent to a phone. You'll be required to input this code to log into your account.

Another concern with financial brokers is in regards to security may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is much more prevalent in the case of Market Maker brokers who compete with customers on the platform.

Pro's & Con's Of Trading With GKFX

Every online trading platform will have some ups and downs, and no GKFX review would be complete without showing both sides. This GKFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

GKFX Pro's

  • GKFX is trusted by 10,000+ clients
  • GKFX doesn't charge withdrawal fees
  • GKFX doesn't charge inactivity fees
  • GKFX doesn't charge CFD fees
  • GKFX offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps
  • GKFX offer 100 trading instruments
  • GKFX trades major forex pairs
  • GKFX trades minor forex pairs
  • GKFX trades exotic forex pairs
  • GKFX offers trading on cryptocurrencies
  • GKFX can communicate in

GKFX Con's

  • GKFX does not offer Negative Balance Protection
  • GKFX does not offer Guaranteed Stop Loss
  • GKFX charge deposit fees

GKFX Review - Compare Brokers Similar To GKFX

GKFX Alfa Forex DF Markets Skilling
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $20 $0 $1 $100
Year Founded 2010 2011 2010 2016
Headquarters UK Cyprus UK Cyprus
Regulated By Financial Conduct Authority (FCA) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042
Clients 10,000+ 10,000+ 10,000+ 5,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor

GKFX Review - Regulation And Licencing In More Detail

GKFX is regulated by Financial Conduct Authority (FCA).

GKFX, as a company, has a powerful set of rules for ensuring honest trading onto its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, client information is to not be shared with some other institutions or individuals. This includes credit history and other financial details.

GKFX Review - Awards

    At the time of writing this GKFX review, they had not received any awards.

GKFX Review - Minimum Deposit Required

The minimum deposit you must deposit to get started on GKFX is $20. This is a decent amount for people just starting out. You can make more advanced deposits as you go along. However, ensure that you understand how to make the most of your cash before investing in larger amounts.

GKFX Review - Commission And Fees Explained

GKFX is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of clients they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this objective.

The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for longer than a day.

Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.

In general, GKFX doesn't charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as weekly or daily trading.

However, non-trading fees billed by GKFX are comparatively higher. As a result, you're billed more for non-trading activities in your trading account, such as withdrawal and deposits. These are not about the purchase and sale of assets.

This GKFX review breaks down each of the applicable non-trading fees for you in detail.

Compare broker fees against GKFX

GKFX Alfa Forex DF Markets Skilling
Minimum Deposit $20 $0 $1 $100
Withdrawal Fees No variable No variable
Inactivity Fees No No
Deposit Fees variable variable No
CFD Fees No Yes Yes

GKFX Review - Withdrawal Fees Explained

GKFX doesn't charge withdrawal fees

Withdrawal of cash is possible at any moment from the GKFX account. You can withdraw sums up to the amount of your account balance, keeping aside the margin utilized. 1 thing to remember is that you don't necessarily have to have any cash in your account.

In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash will be sent into the card. GKFX will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are opting to draw in.

GKFX Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head when open an account with GKFX. An inactivity fee is an amount charged to registered dealers who have not participated in buying or selling for a while. The period regarded as inactive is decided by the agent.

The inactivity fee also differs from one broker to another and isn't standardized. If a traders account does not have a buying or selling trade, it's claimed by the agent as an inactivity charge. The traders need to pay this fee under terms and conditions they had consented while enrolling.

GKFX doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no charges have been implied by GKFX, it is better for you to close the account if you are inactive. Inactivity fees aren't only charged by broker firms but also many financial services.

For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is exposed to a lot of circumstances and needs to be revealed clearly by the broker beforehand.

GKFX Review - Deposit Fees Explained

When you move money into your trading account by the bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this particular operation.

GKFX charges a deposit fee for transferring money into your trading account.

Depositing money on the GKFX trading platform is easy. You just have to complete a single-user profile survey to begin depositing money into your trading account. You will have to provide an identity proof and evidence of residency to deposit large amounts.

GKFX Review - Compare Broker Deposit Methods

GKFX Alfa Forex DF Markets Skilling
Minimum Deposit $20 $0 $1 $100
Credit Card

What Can You trade With GKFX?

Note: GKFX provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may be different depending on the country of residence of the client.

GKFX has a wide variety of over 100 instruments available for you to trade with.

If trading currency pairs is of interest to you then GKFX offer over 55 forex pairs.

Compare GKFX, Alfa Forex, DF Markets & Skilling below.

GKFX Alfa Forex DF Markets Skilling
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps MT4 Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Instruments Available 100 30 100
Forex & Crypto
Forex Pairs Available 55 80 50
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes Yes Yes Yes
Offers Exotic Forex Pairs? Yes Yes Yes Yes
Offers Cryptocurrencies? Yes No Yes Yes
Commodity CFD's
Commodities Offered 0 0 12 0
Trade Metals? Yes Yes Yes No
Trade Energies? Yes Yes No No
Trade Agricultural? Yes Yes No No
Indiced & Stock CFDs
Stocks Offered 300 0 12 0
Trade UK Shares? Yes Yes Yes No
Trade US Shares? Yes No Yes No
Trade German Shares? Yes No Yes No
Trade Japanese Shares? Yes No Yes No

Losses can exceed deposits

Your capital is at risk

Losses can exceed deposits

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor

Alternatives To GKFX

If, after studying this GKFX review, GKFX does not meet your requirements check out these GKFX alternatives.

We have scoured the internet to find the best alternatives to GKFX. Click the links below to find out more.

Frequently Asked Questions about GKFX

Can I try GKFX before I buy?

Yes, you can most definitely try GKFX before you buy. GKFX provides demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system and yourself and your trading strategies.

If you sign up to get a demo account on GKFX, you may set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you until you decide to invest your own money.

With this digital GKFXdemo account, you are able to experiment in any way, to whatever length you desire. You might also open positions, examine different trading strategies, and more.

GKFX specifies on its official site which you can trade real time stocks with your demo account.

Is GKFX safe?

You can drop all of your worries since we believe that GKFX is completely safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA).

Nevertheless, GKFX doesn't provide assured stop-loss protection.

Why does GKFX ask for my passport?

The reason that GKFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, GKFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, GKFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with GKFX?

The process to start trading withGKFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the GKFX website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with GKFX is $20. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with GKFX.

The best way to kickstart your trading career with GKFX is to open a demo account facility before risking any real money

What funding methods do GKFX accept?

There are a number of methods to fund your account with GKFX. The process is effortless and quick, with various payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must bear in mind that PayPal is not available in every place. The currencies GKFX

Is my money safe with GKFX?

Yes, your money is safe and secure with GKFX. As you know, GKFX operates with proper conformation to. It has established lots of steps to guard all of its investors.

GKFX safeguards its customers' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your account, it is possible to empower Two-Step Verification also. It takes an SMS confirmation that you get your account.

Is GKFX trading good?

Yes, trading via GKFX is a pleasant and good experience indeed. It's an excellent and intuitive platform with useful features for your simplicity. Moreover, you could even obtain access to a vast collection of educational resources and assistive substance to kickstart your trading expertise.

If you are still skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does GKFX support?

GKFX operates around the globe. However, due to regulations there are some countries that GKFX does not accept clients resident in

Is GKFX legit?

GKFX is a legit company headquarted in UK since 2010. They are regulated by Financial Conduct Authority (FCA). GKFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is GKFX a good broker?

GKFX is a great agent, and its users may vouch for this. The highlight of the platform is its quick order execution on transactions.

You'll find the clean layout of this platform and the commendable features that a pleasure to work with.

Is GKFX a trustworthy broker?

Yes, GKFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for GKFX?

The minimum deposit to open a live account with GKFX is $20

How long do GKFX withdrawals take?

Normally, withdrawal of money from GKFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from GKFX to show in your bank account.

Are GKFX regulated?

GKFX are regulated by Financial Conduct Authority (FCA)

Is GKFX a market leading broker?

GKFX is currently one of the industry leaders. It supports over 10,000+ registered users and over 11 years of experience on its own record. They are among the world's leading trading platforms and also a prominent figure in the Fintech revolution.

It majorly owes this status to its incredible platform and wide range of resources plus tools so you may put money into capital markets.

Is GKFX a con?

No, GKFX is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that GKFX is not a scam.

Can you make money with GKFX?

Through GKFX, several traders earn a lot of cash. However, on average, through consistent trading, you also can make between 2% - 10% profit a month.

This may seem like a little number, but over the entire year, this adds to a substantial amount of gains. While GKFX supply you all the tools to make money, they can't guarantee you will gain.

Does GKFX have fees?

Yes. To start trading using GKFX, you need to deposit $20. Certain commissions while trading additionally apply. Any processing fees from your bank might need to be incurred by you.

When was GKFX founded?

GKFX was founded in 2010 in UK. GKFX is regulated by Financial Conduct Authority (FCA).

How many people use GKFX?

GKFX is a globally recognised agent with 10,000+ clients.

Where is the GKFX head office?

GKFX has its head office in UK

Does GKFX offer negative balance protection?

No. GKFX doesn't provide negative balance protection. If your balance is negative, GKFX suggests that you contact client services. For this, you can correct any imbalances within your own account.

Does GKFX offer guaranteed stop loss?

GKFX unfortunately, doesn't offer guaranteed stop loss. GKFX provides an opportunity for its dealers to close their trade at their specified price. Apart from that, GKFX does not offer guaranteed stop loss.

Does GKFX allow scalping?

Yes, GKFX do permit scalping. Several traders throughout the world select GKFX due to their services that are trading. They offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps which let this.

Does GKFX allow hedging?

Yes, GKFX does allow hedging.

Can you trade energies with GKFX?

Yes, you can trade energy stocks with GKFX

Can you trade agricultural shares with GKFX?

Yes, you can trade agricultural stocks with GKFX

Can you trade cryptocurrency with GKFX?

Yes, you can trade cryptocurrency with GKFX

Can you trade metals with GKFX?

Yes, you can trade metals with GKFX

Can you trade UK Shares with GKFX?

Yes, you can trade UK shares with GKFX

Can you trade US Shares with GKFX?

Yes, you can trade US shares with GKFX

Can you trade Japanese Shares with GKFX?

Yes, you can trade Japanese shares with GKFX

Can you trade German Shares with GKFX?

Yes, you can trade German shares with GKFX

Does GKFX accept bank transfers?

No, GKFX does not accept bank transfers.

Does GKFX accept credit cards?

No, GKFX does not accept credit cards.

Does GKFX accept PayPal?

No, GKFX does not accept PayPal.

Does GKFX accept Skrill?

No, GKFX does not accept Skrill.

Does GKFX accept Payoneer?

No, GKFX does not accept Payoneer.

Does GKFX accept Neteller?

No, GKFX does not accept Neteller.

Does GKFX offer Live Chat customer support?

No, GKFX does not offer customer support through live chat.

Does GKFX offer phone customer support?

No, GKFX does not offer customer support over the telephone.

Does GKFX offer email customer support?

No, GKFX does not offer customer support through email.

What languages can GKFX communicate in?

GKFX has the ability to communicate and support customers who speak:

Does GKFX have a wikipedia page?

No, GKFX does not have an official wikipedia page.

Does GKFX offer demo accounts?

Yes, GKFX offers demo accounts so you can learn their systems before risking any real money.