GKFX Guide – Read our In-Depth GKFX Review
This GKFX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this GKFX review does not apply to US users.
If you are a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll acquire proficient at all the concepts of broker since you continue trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will create hefty returns. GKFX is just one such platform which will take you along with your investment to great heights. It is important to understand all about GKFX before you trust them with your cash.
Our full GKFX Review covers everything you will need to know about trading using GKFX. A good agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
GKFX is a broker that has paved its way successfully to the brokerage world. Within this review, we have attempted to collate a number of the vital aspects of GKFX. This review will allow you to know whether GKFX is a good match for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
GKFX Review, Table Of Contents
- Who are GKFX?
- Benefits Of Trading With GKFX
- Everything you should know about trading with GKFX
- Is GKFX Safe To Trade With?
- Pro's & Con's Of Trading With GKFX?
- Compare Brokers Similar To GKFX
- Regulation And Licencing In More Detail
- GKFX Awards
- Minimum Deposit Required For A Live Account With GKFX
- GKFX Commission And Fees Explained
- Compare broker fees against GKFX
- GKFX Withdrawal Fees Explained
- GKFX Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With GKFX?
- Alternatives To GKFX
- Frequently Asked Questions About GKFX
Who are GKFX?
GKFX is a foreign exchange broker headquartered in UK and provides a variety of tools for trading. Since its establishment in 2010, GKFX has emerged as a top-tier player in the industry of online broker. GKFX includes a highly competitive and full-featured trading website that's focused on forex, indices, metals, stocks and commodities.
Over the past 11 years, GKFX has grown into one of the leading online brokers.
After establishing in 2010, their consumer base has become as large as 10,000+ clients.
GKFX is a favorite for many traders.. Our GKFX review found that they are an excellent alternative for automated trading solutions. They're most appropriate for investors who are searching for an assortment of assets. Social and automated trading options are the core at GKFX.
Technology plays a substantial role in GKFX. GKFX offers trading on MT4, Mac, Web Trader, Tablet & Mobile apps. GKFX is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The trader resource section at GKFX is very insightful for new dealers as it allows them to get a closer look at the financial markets. GKFX caters to all types of traders and are a must-have broker for almost any well-diversified method of trading.
If you feel that GKFX is not right for you then at the bottom of this GKFX review you wil find a lot of alternatives to GKFX.
What you ought to know about trading using GKFX
GKFX is a lively platform that offers various techniques of trading online. These instruments cover the monetary markets considerably. Most of the broker platforms offer fewer approaches than GKFX
If you want to trade with GKFX, you will require a minimum deposit of $20. This deposit is required if you wish to start trading using GKFX. This 2021 GKFX review will direct you safely about trading with them.
GKFX is as versatile as any other brokerage platform. GKFX is ideal for traders who want a manageable assortment of cheap services. The programs supplied by GKFX are third-party, white-label offerings. All traders may pick from MT4, Mac, Web Trader, Tablet & Mobile apps.
Together with everything, GKFX has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction has to be kept available. The agents offer premium customer service which rewards clients with benefits.
Many unethical brokers attempt to pressurise customers into bigger funding for premium services. GKFX, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
GKFX accounts are available all over the world and provides excellent service everywhere they have clients. There are a few countries where GKFX accounts are not available. Traders in the following countries cannot open or use a GKFX account:
Is GKFX Safe To Trade With?
Established in 2010, GKFX has been open for 11 years, they are headquarted in UK.
GKFX is regulated by Financial Conduct Authority (FCA). These figures have rules that mandate that trading platforms have measures in place to keep investor's assets procured. This usually means that GKFX users don't need to be worried about their money as it is segregated and safely kept in established banks. SSL encryption secures every user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with GKFX for heightened safety. An SMS for the confirmation code will be sent to a mobile phone. You will be required to enter this code to log in to your account.
Another concern with financial brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. However, this is much more prevalent in the case of Market Maker agents who compete with customers on the stage.
Pro's & Con's Of Trading With GKFX
Every online trading platform has some pros and cons GKFX review would be complete without having a balanced approach. This GKFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- GKFX is trusted by 10,000+ clients
- GKFX doesn't charge withdrawal fees
- GKFX doesn't charge inactivity fees
- GKFX doesn't charge CFD fees
- GKFX offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps
- GKFX offer 100 trading instruments
- GKFX trades major forex pairs
- GKFX trades minor forex pairs
- GKFX trades exotic forex pairs
- GKFX offers trading on cryptocurrencies
- GKFX can communicate in
- GKFX does not offer Negative Balance Protection
- GKFX does not offer Guaranteed Stop Loss
- GKFX charge deposit fees
GKFX Review - Compare Brokers Similar To GKFX
|Regulated By||Financial Conduct Authority (FCA)||Cyprus Securities and Exchange Commission (CySEC), License No: 209/13||Financial Services Provider (FSP)||Unregulated|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Losses can exceed deposits||Your capital is at risk||Your capital is at risk|
GKFX Review - Regulation And Licencing In More Detail
GKFX is regulated by Financial Conduct Authority (FCA).
GKFX, as a company, has a strong collection of rules for ensuring honest trading onto its own platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
GKFX Review - Awards
- At the time of writing this GKFX review, they had not received any awards.
GKFX Review - Minimum Deposit Required
The minimum deposit you need to get started on GKFX is $20. This is a decent amount for those just starting out. It's possible to create more complex residue as you go along. But, make certain that you understand how to make the most of your money before investing in larger amounts.
GKFX Review - Commission And Fees Explained
GKFX is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of penalties for this objective.
The first kind of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, funding rate, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people who are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, GKFX doesn't charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by GKFX are relatively competitive. As a result, you're charged more for non-trading actions in your trading account, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This GKFX review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against GKFX
GKFX Review - Withdrawal Fees ExplainedGKFX doesn't charge withdrawal fees
Withdrawal of cash is possible at any moment from your GKFX account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter used. One thing to remember is that you don't necessarily have to have any cash in your account.
Moreover, the withdrawn money will be transferred directly to the account you use to make deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn cash will be sent into the card. GKFX will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're choosing to draw in.
GKFX Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head when open an account with GKFX. An inactivity fee is an amount charged to registered dealers that haven't engaged in buying or selling for some time. The period considered inactive is determined by the broker.
The inactivity fee differs from 1 broker to another and is not generalized. If a traders account does not have a buying or selling trade, it is claimed by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms that they had consented while enrolling.
GKFX doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been implied by GKFX, it is best for you to close the account if you are inactive. Inactivity fees aren't only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is subjected to a lot of conditions and should be disclosed clearly by the agent beforehand.
GKFX Review - Deposit Fees Explained
When you transfer money into your trading account from the bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this particular operation.
GKFX charges a deposit fee for transferring money into your trading account.
Depositing cash on the GKFX trading platform is simple. You just need to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll have to give an identity evidence and evidence of residency to deposit large amounts.
GKFX Review - Compare Broker Deposit Methods
What Can You trade With GKFX?
Note: GKFX offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered will be different depending on the country of residence of the client.
GKFX has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then GKFX offer over 55 currency pairs.
Compare GKFX, NordFX, Bitfinex & AccentForex below.
Alternatives To GKFX
If, after studying this GKFX review, GKFX doesn't meet your requirements check out these GKFX alternatives.
We have scoured the internet to find the best alternatives to GKFX. Click on the hyperlinks below to learn more.
Frequently Asked Questions about GKFX
Can I try GKFX before I buy?
Yes, you can most definitely try GKFX before you buy. GKFX offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register for a demonstration account on GKFX, you will set out using a decent amount of virtual money. It's to establish a feeling of safety and confidence in you before you decide to invest your own money.
With this digital GKFXdemo account, you can experiment at all, to whatever length you desire. You can also start positions, examine different trading approaches, and more.
GKFX specifies on its official website that you can trade real time stocks in a demo account.
Is GKFX safe?
It is possible to drop all your worries since we believe that GKFX is completely safe to use. It is in compliance with all the rules of Financial Conduct Authority (FCA).
Nevertheless, GKFX doesn't provide assured stop-loss protection.
Why does GKFX ask for my passport?
The reason that GKFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, GKFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, GKFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with GKFX?
The process to start trading withGKFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the GKFX website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with GKFX is $20. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with GKFX.
The best way to kickstart your trading career with GKFX is to open a demo account facility before risking any real money
What funding methods do GKFX accept?
There are a number of ways to finance your accounts with GKFX. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal is not available in every country. The currencies GKFX
Is my money safe with GKFX?
Yes, your money is safe and secure with GKFX. As you know, GKFX operates with good conformation to. It's established lots of steps to guard all its investors.
GKFX safeguards its clients' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further protect your accounts, you can empower Two-Step Verification also. It takes an SMS affirmation for you to get your accounts.
Is GKFX trading good?
Yes, trading via GKFX is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. In addition, you can also obtain access to a huge collection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries does GKFX support?
GKFX operates across the world. However, due to regulations there are some countries that GKFX do accept clients resident in
Is GKFX legit?
GKFX is a legit company headquarted in UK since 2010. They are regulated by Financial Conduct Authority (FCA). GKFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is GKFX a good broker?
GKFX is a great broker, and its users may vouch for it. The highlight of the platform is its fast order execution on trades.
You'll discover the clean layout of this platform along with the commendable features a pleasure to work with.
Is GKFX a trustworthy broker?
Yes, GKFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for GKFX?
The minimum deposit to open a live account with GKFX is $20
How long do GKFX withdrawals take?
Normally, withdrawal of money from GKFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from GKFX to show in your bank account.
Are GKFX regulated?
GKFX are regulated by Financial Conduct Authority (FCA)
Is GKFX a market leading broker?
GKFX is indisputably one of the business leaders. It has over 10,000+ registered customers and over 11 years of expertise on its record. They are among the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad selection of resources plus tools so that you can put money into capital markets.
Is GKFX a con?
No, GKFX is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that GKFX is not a scam.
Can you make money with GKFX?
Using GKFX, many traders earn a great deal of cash. However, typically, through consistent trading, you can make between 2% - 10% profit a month.
This can look to be a small number, but over the year, this adds to a substantial number of gains. Even though GKFX provide you all of the tools to earn money, they cannot guarantee you will profit.
Does GKFX have fees?
Yes. To start trading using GKFX, you have to deposit $20. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was GKFX founded?
GKFX was founded in 2010 in UK. GKFX is regulated by Financial Conduct Authority (FCA).
How many people use GKFX?
GKFX is a worldwide recognised agent with 10,000+ customers.
Where is the GKFX head office?
GKFX has its head office in UK
Does GKFX offer negative balance protection?
Does GKFX offer guaranteed stop loss?GKFX regrettably, doesn't provide guaranteed stop loss. GKFX provides an opportunity for its traders to close their trades at their specified price. Aside from that, GKFX does not offer guaranteed stop loss.
Does GKFX allow scalping?Yes, GKFX do permit scalping. Several traders across the world choose GKFX for their scalping services. They offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps which let this.
Does GKFX allow hedging?
Yes, GKFX does allow hedging.
Can you trade energies with GKFX?
Yes, you can trade energy stocks with GKFX
Can you trade agricultural shares with GKFX?
Yes, you can trade agricultural stocks with GKFX
Can you trade cryptocurrency with GKFX?
Yes, you can trade cryptocurrency with GKFX
Can you trade metals with GKFX?
Yes, you can trade metals with GKFX
Can you trade UK Shares with GKFX?
Yes, you can trade UK shares with GKFX
Can you trade US Shares with GKFX?
Yes, you can trade US shares with GKFX
Can you trade Japanese Shares with GKFX?
Yes, you can trade Japanese shares with GKFX
Can you trade German Shares with GKFX?
Yes, you can trade German shares with GKFX
Does GKFX accept bank transfers?
No, GKFX does not accept bank transfers.
Does GKFX accept credit cards?
No, GKFX does not accept credit cards.
Does GKFX accept PayPal?
No, GKFX does not accept PayPal.
Does GKFX accept Skrill?
No, GKFX does not accept Skrill.
Does GKFX accept Payoneer?
No, GKFX does not accept Payoneer.
Does GKFX accept Neteller?
No, GKFX does not accept Neteller.
Does GKFX offer Live Chat customer support?
No, GKFX does not offer customer support through live chat.
Does GKFX offer phone customer support?
No, GKFX does not offer customer support over the telephone.
Does GKFX offer email customer support?
No, GKFX does not offer customer support through email.
What languages can GKFX communicate in?
GKFX has the ability to communicate and support customers who speak:
Does GKFX have a wikipedia page?
No, GKFX does not have an official wikipedia page.
Does GKFX offer demo accounts?
Yes, GKFX offers demo accounts so you can learn their systems before risking any real money.