GKFX
Markets.com
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Overview
GKFX was founded in 2010 and is headquartered in UK, while Markets.com was established in 2008 and is based in Cyprus. GKFX holds licences including Financial Conduct Authority (FCA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. GKFX serves 10,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $20 at GKFX and $250 at Markets.com.
| Feature | GKFX | Markets.com |
|---|---|---|
| Min. Deposit | $20 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2010 | 2008 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between GKFX and Markets.com, directly affecting your bottom line as a trader. GKFX has a lower barrier to entry with a minimum deposit of $20 (vs $250 at Markets.com). GKFX charges withdrawal fees while Markets.com does not, a notable advantage for frequent withdrawers. GKFX applies inactivity fees on dormant accounts; Markets.com does not. GKFX charges deposit fees; Markets.com does not. Overall, GKFX scores higher on fees in our assessment.
| Feature | GKFX | Markets.com |
|---|---|---|
| Min. Deposit | $20 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
GKFX offers MT4, MT5, cTrader, while Markets.com 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 | GKFX | Markets.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how GKFX and Markets.com compare. GKFX runs regular live webinars; Markets.com does not. Both provide video tutorials. GKFX publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. GKFX maintains an archive of past webinars for on-demand viewing. GKFX scores higher overall in education and research.
| Feature | GKFX | Markets.com |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 Markets.com supports 3 (bank transfer, credit/debit card, PayPal). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | GKFX | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 GKFX and Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. GKFX supports 2 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | GKFX | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |