B

GKFX

7/10
IG logo

IG

8.3/10
7/10RegulationWinner9/10
8/10FeesTied8/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

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Overview

GKFX was founded in 2010 and is headquartered in UK, while IG was established in 1974 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. GKFX serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $20 at GKFX and $200 at IG.

IG wins this category
FeatureGKFXIG
Min. Deposit$20$200
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Founded20101974
CountryUKUK
Clients10,000+178,500+

Fees

Fees are a critical factor when choosing between GKFX and IG, directly affecting your bottom line as a trader. GKFX has a lower barrier to entry with a minimum deposit of $20 (vs $200 at IG). GKFX charges withdrawal fees while IG does not, a notable advantage for frequent withdrawers. GKFX applies inactivity fees on dormant accounts; IG does not. GKFX charges deposit fees; IG does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureGKFXIG
Min. Deposit$20$200
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

GKFX offers MT4, MT5, cTrader, while IG 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.

Tied
FeatureGKFXIG
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Tablet & Mobile appsMT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how GKFX and IG 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
FeatureGKFXIG
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. GKFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IG supports 3 (bank transfer, credit/debit card, PayPal). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.

IG wins this category
FeatureGKFXIG
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both GKFX and IG offer live chat support. Both provide phone support. Email support is available at both brokers. GKFX supports 2 languages and IG supports 5, giving IG broader global reach. Both brokers are comparable on support quality.

Tied
FeatureGKFXIG
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, French, German, Spanish, and Portuguese