B
Chase Bank logo

Chase Bank

7.6/10

GKFX

7/10
7/10RegulationTied7/10
8/10FeesTied8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Chase Bank was founded in 1975 and is headquartered in United States, while GKFX was established in 2010 and is based in UK. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while GKFX is regulated by Financial Conduct Authority (FCA) among others. Chase Bank serves 10,000+ clients worldwide; GKFX has 10,000+. The minimum deposit is $100 at Chase Bank and $20 at GKFX.

Chase Bank wins this category
FeatureChase BankGKFX
Min. Deposit$100$20
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)
Founded19752010
CountryUnited StatesUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Chase Bank and GKFX, directly affecting your bottom line as a trader. Chase Bank has a lower barrier to entry with a minimum deposit of $100 (vs $20 at GKFX). GKFX charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. GKFX applies inactivity fees on dormant accounts; Chase Bank does not. GKFX charges deposit fees; Chase Bank does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureChase BankGKFX
Min. Deposit$100$20
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Chase Bank 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 Chase Bank does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureChase BankGKFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, 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 Chase Bank 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. Chase Bank scores higher overall in education and research.

Chase Bank wins this category
FeatureChase BankGKFX
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. Chase Bank 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
FeatureChase BankGKFX
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 Chase Bank 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
FeatureChase BankGKFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese