B
Bitfinex logo

Bitfinex

6.6/10

GKFX

7/10
3/10RegulationWinner7/10
6/10FeesWinner8/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bitfinex was founded in 2015 and is headquartered in New Zealand, while GKFX was established in 2010 and is based in UK. Bitfinex holds licences including Financial Services Provider (FSP), while GKFX is regulated by Financial Conduct Authority (FCA) among others. Bitfinex serves 10,000+ clients worldwide; GKFX has 10,000+. The minimum deposit is $100 at Bitfinex and $20 at GKFX.

GKFX wins this category
FeatureBitfinexGKFX
Min. Deposit$100$20
RegulationFinancial Services Provider (FSP)Financial Conduct Authority (FCA)
Founded20152010
CountryNew ZealandUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bitfinex and GKFX, directly affecting your bottom line as a trader. Bitfinex has a lower barrier to entry with a minimum deposit of $100 (vs $20 at GKFX). Both brokers charge withdrawal fees. GKFX applies inactivity fees on dormant accounts; Bitfinex does not. GKFX charges deposit fees; Bitfinex does not. Overall, GKFX scores higher on fees in our assessment.

GKFX wins this category
FeatureBitfinexGKFX
Min. Deposit$100$20
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bitfinex offers MT5, cTrader, while GKFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. GKFX edges ahead on platform breadth and functionality in our scoring.

GKFX wins this category
FeatureBitfinexGKFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, 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 Bitfinex 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. Bitfinex scores higher overall in education and research.

Bitfinex wins this category
FeatureBitfinexGKFX
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex 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
FeatureBitfinexGKFX
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 Bitfinex 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
FeatureBitfinexGKFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese