B

Advanced Global Markets

5.9/10

GKFX

7/10
7/10RegulationTied7/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while GKFX was established in 2010 and is based in UK. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while GKFX is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; GKFX has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $20 at GKFX.

GKFX wins this category
FeatureAdvanced Global MarketsGKFX
Min. Deposit$500$20
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded19922010
CountryCyprusUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Advanced Global Markets and GKFX, directly affecting your bottom line as a trader. GKFX has a lower barrier to entry with a minimum deposit of $20 (vs $500 at Advanced Global Markets). Both brokers charge withdrawal fees. GKFX applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; GKFX does not. Overall, GKFX scores higher on fees in our assessment.

GKFX wins this category
FeatureAdvanced Global MarketsGKFX
Min. Deposit$500$20
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Advanced Global Markets offers MT4, MT5, cTrader, while GKFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. GKFX supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAdvanced Global MarketsGKFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, Mac, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and GKFX compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureAdvanced Global MarketsGKFX
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while GKFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAdvanced Global MarketsGKFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and GKFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAdvanced Global MarketsGKFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese