Forex Financial Services
GKFX
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Overview
Forex Financial Services was founded in 2008 and is headquartered in Australia, while GKFX was established in 2010 and is based in UK. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while GKFX is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; GKFX has 10,000+. The minimum deposit is $2500 at Forex Financial Services and $20 at GKFX.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| Min. Deposit | $2500 | $20 |
| Regulation | Australian Securities and investment Commission (ASIC) | Financial Conduct Authority (FCA) |
| Founded | 2008 | 2010 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex Financial Services and GKFX, directly affecting your bottom line as a trader. GKFX has a lower barrier to entry with a minimum deposit of $20 (vs $2500 at Forex Financial Services). GKFX charges withdrawal fees while Forex Financial Services does not, giving Forex Financial Services an edge for frequent withdrawers. GKFX applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services charges deposit fees; GKFX does not. Overall, GKFX scores higher on fees in our assessment.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| Min. Deposit | $2500 | $20 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Forex Financial Services offers MT4, 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. The two brokers are closely matched on platform offering.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, 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 Forex Financial Services and GKFX compare. GKFX runs regular live webinars; Forex Financial Services does not. GKFX has a video library; Forex Financial Services does not. GKFX publishes daily market commentary; Forex Financial Services does not. GKFX integrates third-party research tools (Trading Central); Forex Financial Services does not. GKFX maintains an archive of past webinars for on-demand viewing. GKFX scores higher overall in education and research.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Financial Services 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.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex Financial Services 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.
| Feature | Forex Financial Services | GKFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |