GKFX Guide – Read our In-Depth GKFX Review
GKFX Rating: 4.93 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
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 users in BR, KR, IR, IQ, SY, JP, US
If you're a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will generate hefty returns. GKFX is just one such stage which will take you and your investment into great heights. It is crucial to know about GKFX until you trust them with your cash.
GKFX Guide – Brief Summary
GKFX Telephone Number:
GKFX Email Address:
Financial Conduct Authority (FCA)
Number Of Clients:
10,000+ GKFX users and traders
GKFX Facebook Likes:
GKFX Twitter Followers:
GKFX Instagram Followers:
Losses can exceed deposits
|GKFX Telephone Number:|
|GKFX Email Address:|
|Regulated By:||Financial Conduct Authority (FCA)|
|Number Of Clients:||10,000+ GKFX users and traders|
|GKFX Facebook Likes:||0|
|GKFX Twitter Followers:||0|
|GKFX Instagram Followers:||0|
Losses can exceed deposits
Our full GKFX Review covers all you need to learn about trading using GKFX. A fantastic agent can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
GKFX is a broker that has forged its way successfully to the broker world. Within this review, we've attempted to collate a number of the important aspects of GKFX. This review can help you to understand whether GKFX is a good match for your investments or not. We have 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?
- GKFX Risk Disclaimer
- 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 range of tools for online trading. Since its inception in 2010, GKFX has emerged as a top-tier player in the field of online brokerage. GKFX has a highly competitive and full-featured trading site that is focused on currency, indices, metals, stocks and commodities.
Over the past 11 years, GKFX has grown into one of the leading online brokers.
After launching in 2010, their consumer base is becoming as big as 10,000+ clients.
GKFX is a favourite for many traders.. Our GKFX review found that they are an excellent alternative for automated trading options. It's most appropriate for investors that are looking for a variety of assets. Social and automated trading solutions are the core at GKFX.
Technology plays a significant role in GKFX. GKFX offers trading on MT4, Mac, Web Trader, Tablet & Mobile apps. GKFX is fair, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The educational section at GKFX is quite enlightening for new dealers since it permits them to have a closer look at the financial markets. GKFX caters to all types of traders and are a must-have broker for any well-diversified method of online 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.
Everything you should know about trading with GKFX
GKFX is a dynamic platform that offers various methods of trading online. These instruments cover the monetary markets considerably. The Majority of the brokerage platforms offer less approaches than GKFX
If you would like to trade with GKFX, you will require a minimum deposit of $20. This deposit is mandatory if you would like to begin trading using GKFX. This 2021 GKFX review will direct you easily about trading with them.
GKFX is as flexible as another broker platform. GKFX is great for traders who want a manageable range of low-cost services. The platforms offered by GKFX are third-party, white-label offerings. All traders can pick from MT4, Mac, Web Trader, Tablet & Mobile apps.
Along with everything, GKFX has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade must be kept available. The brokers offer premium customer service that rewards clients with benefits.
Many less reputable brokers try to pressurise consumers into bigger funding for superior services. GKFX, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the greater benefits will become available.
GKFX accounts are available all over the world and provides excellent service everywhere they have customers. There are a few countries where GKFX accounts are not available. Traders in the following countries cannot open or use a GKFX account:
BR, KR, IR, IQ, SY, JP, US
Is GKFX Safe To Trade With?
Launched in 2010, GKFX has been in operation for 11 years, they are headquarted in UK.
GKFX is regulated by Financial Conduct Authority (FCA). These figures have rules that ensure that trading platforms have ploicies in place to maintain investor's assets secured. This means that GKFX users don't need to be worried about their money since it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with GKFX for heightened security. An SMS with the verification code will be sent to a mobile phone. You will be required to input this code to log into your accounts.
Another concern with financial brokers is in respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with users on the stage.
GKFX Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With GKFX
Every online trading platform will have some ups and downs, and no 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 has low minimum deposit requirements
- GKFX offers social trading
- GKFX offers copy trading
- GKFX offers trailing stop
- 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 English, and Chinese
- GKFX does not offer Negative Balance Protection
- GKFX does not offer Guaranteed Stop Loss
- GKFX charge withdrawal fees
- GKFX charge inactivity fees
- GKFX charge deposit fees
- GKFX charge CFD fees
GKFX Review - Compare Brokers Similar To GKFX
|Rating||4.93 / 10||4.5 / 10||6.08 / 10||7.85 / 10|
|Regulated By||Financial Conduct Authority (FCA)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F259||Cyprus Securities and Exchange Commission (CySEC)||SVGFSA 20623 IBC 2012|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||CFDs are complex instruments and come with a high risk of losing money due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider.||Margin trading involves high risk and can lead to significant financial losses. Before deciding to trade, ensure you fully understand all possible risks, a level of your experience and knowledge in the financial field.|
GKFX Review - Regulation And Licencing In More Detail
GKFX is regulated by Financial Conduct Authority (FCA).
GKFX, as a company, has a strong set of rules for ensuring fair trading onto its own platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
GKFX Review - AwardsAt the time of writing this GKFX review, and despite GKFX’s impressive offering, the company has surprisingly not garnered any other awards to date.
GKFX Trading Platforms
GKFX are a trustworthy trading platform that has been open for over 11 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any professional online broker and compare GKFX with ifc markets, Ezinvest, and FreshForex
GKFX Review - Minimum Deposit Required
The minimum deposit you must deposit to get started on GKFX is $20. This is a decent amount for those just beginning. It's possible to create more advanced residue as you go along. But, make certain that you know how to make the most of your cash before investing larger amounts.
GKFX Review - Commission And Fees Explained
GKFX is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, financing rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, GKFX doesn't charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by GKFX are comparatively higher. Consequently, you're charged more for non-trading activities in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This GKFX review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against GKFX
GKFX Review - Withdrawal Fees Explained
GKFX charges a withdrawal fee when you make a bank transfer. Each time you move money into your bank account, these withdrawal fees become applicable.
Withdrawal of cash is possible at any moment from the GKFX account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't necessarily have to have any money in your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. GKFX will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're opting to withdraw in.
GKFX Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your head when open an account with GKFX. An inactivity fee is an amount charged to registered traders who haven't participated in purchasing or selling for some time. The period considered inactive is determined by the agent.
The inactivity fee also differs from one broker to another and isn't generalized. If a traders account does not have a purchasing or selling trade, it's claimed by the agent as an inactivity charge. The traders need to pay this fee under conditions and terms they had consented while registering.
GKFX charges an inactivity fee if you don't make any trades for a while.
Even if no charges have been implied by GKFX, it's best that you close the account if you're inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is exposed to a lot of conditions and should be disclosed clearly by the broker beforehand.
GKFX Review - Deposit Fees Explained
When you transfer money into your trading account by the bank account, a deposit fee can be charged by the broker. Most agents do not 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 easy. You simply need to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to provide an identity proof and proof of residency to deposit large amounts.
GKFX Review - Compare Broker Deposit Methods
What Can You Trade With GKFX?
Note: GKFX provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can be different based 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 forex pairs.
Compare GKFX, ifc markets, Ezinvest & FreshForex below.
Reviewing The GKFX Mobile App
Note: GKFX's mobile app has a lot of functionality and is being constantly developed. What follows was accurate at the time of compiling this GKFX review.
Understand the capabilities of the mobile apps of GKFX, ifc markets, Ezinvest & FreshForex below.
Alternatives To GKFX
If, after reading this GKFX review, they do not quite meet your requirements check out these GKFX alternatives.
We've scoured the internet to find the best alternatives to GKFX. Click the links below to find out 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 convenience of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up for a demonstration account on GKFX, you will set out with a decent amount of virtual money. It's to establish a sense of security and confidence in you until you decide to spend your own money.
With this virtual GKFXdemo account, you are able to experiment in any way, to whatever length you desire. You can even start positions, examine different trading strategies, and more.
GKFX specifies on its official website which you can trade real time stocks with your demo account.
Is GKFX safe?
You can drop all your worries because we believe that GKFX is totally safe to use. It's in compliance with the principles of Financial Conduct Authority (FCA).
Even so, 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 account with GKFX is $20. You should have a good understanding of the details 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 multiple methods to finance your accounts with GKFX. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal is not available in all country. The currencies GKFX
Is my money safe with GKFX?
Yes, your cash is safe and protected with GKFX. As you already know, GKFX operates with good conformation to. It's established lots of steps to protect all its investors.
GKFX protects its customers' private and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further protect your accounts, you can enable Two-Step Verification also. It requires an SMS affirmation that you get your account.
Is GKFX trading good?
Yes, trading through GKFX is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries does GKFX support?
GKFX operates around the world. However, due to regulations there are some countries that GKFX can't accept clients resident in BR, KR, IR, IQ, SY, JP, US
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 an excellent agent, and its own users may vouch for it. The highlight of the platform is its quick order execution on transactions.
You will find the clean layout of this platform along with the commendable features that 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 currently among the business leaders. It has over 10,000+ registered customers and over 11 years of experience on its own record. They are one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad selection of tools plus resources so you may invest in 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?
Through GKFX, several traders make a lot of money. However, typically, through continual trading, you also can make between 2% - 10% profit a month.
This can look like a little number, but within the year, this adds to a significant number of gains. Even though GKFX provide you all of the tools to make money, they can't guarantee you will profit.
Does GKFX have fees?
Yes. To start trading using GKFX, you need to deposit $20. Certain commissions while trading also apply. Any processing fees from your bank will 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 globally 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?
No. GKFX does not provide negative balance protection. If your balance is negative, GKFX indicates that you promptly contact client services. With this, you are able to fix any imbalances in your account.
Does GKFX offer guaranteed stop loss?GKFX regrettably, does not offer guaranteed stop loss. GKFX gives a chance to its dealers to close their trade in their specified price. Apart from that, GKFX doesn't provide guaranteed stop loss.
Does GKFX allow scalping?Yes, GKFX do allow scalping. Many traders throughout the world choose GKFX for their services that are trading. 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?
Yes, GKFX accepts bank transfers for depositing money.
Does GKFX accept credit cards?
Yes, GKFX accepts credit cards for depositing money.
Does GKFX accept PayPal?
No, GKFX does not accept PayPal.
Does GKFX accept Skrill?
No, GKFX does not accept Skrill.
Does GKFX accept Payoneer?
Yes, GKFX accepts Payoneer for depositing money.
Does GKFX accept Neteller?
No, GKFX does not accept Neteller.
Does GKFX offer Live Chat customer support?
Yes, GKFX offers customer support through live chat.
Does GKFX offer phone customer support?
Yes, GKFX offers customer support over the telephone.
Does GKFX offer email customer support?
Yes, GKFX offers customer support through email.
What languages can GKFX communicate in?
GKFX has the ability to communicate and support customers who speak: English, and Chinese
Does GKFX have a wikipedia page?
No, GKFX does not have an official wikipedia page.
Does GKFX offer demo accounts?
Yes, GKFX offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of GKFX's features before risking a live account.