First Trade vs GKFX, Updated for 2025

Compare First Trade vs GKFX

All online trading platforms has some advantages and disadvantages, so a complete analysis of First Trade vs GKFX would not be complete without adopting a balanced approach.

Examine GKFX and First Trade in order to understand just how they stack up to each prior to you create an account. Performing a comprehensive comparison will place factors into perspective so that you're aware of what to expect.

So you are looking for an online trading platform and are choosing between First Trade or GKFX. Who should you choose?

Our First Trade vs GKFX comparison contains the most recent information so you can easily compare GKFX against First Trade.

If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll get proficient at all of the concepts of brokerage as you keep trading. For starters, you have to select the right broker who'll be clear with you always.

Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. First Trade and GKFX are just two such stages which will take you along with your investment into great heights. It is crucial that you compare First Trade vs GKFX until you trust them with your money.

Our First Trade vs GKFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust First Trade and GKFX side by side.

Our entire First Trade vs GKFX Review covers everything you will need to know about trading with either First Trade or GKFX. A good agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your broker before you select them. It is a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.

First Trade and GKFX are both brokers that have forged their way successfully into the brokerage world. Within this review, we've attempted to collate some of the important aspects of both First Trade and GKFX. This review will help you to understand whether either GKFX or First Trade is a good fit for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.

Benefits of First Trade and GKFX Compared

First Trade offers a minimum deposit of $5 while GKFX has a $20 minimum deposit.

Why smaller minimum deposits are good and how First Trade and GKFX compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

First Trade has around 101 financial instruments whilst GKFX allows you to trade around 101 available.

The more instruments you can trade on the First Trade and GKFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of First Trade or GKFX.

First Trade and GKFX Contact Details

Being able to contact a broker through many ways is vital. First Trade and GKFX have the following contact details and social medias that you can use.

GKFX and First Trade Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of First Trade and GKFX we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of the apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

First Trade vs GKFX - Awards

First Trade vs GKFX - Frequently Asked Questions

First Trade vs GKFX - Headquarters And Year Of Founding

First Trade was founded in 2008 and has its head office in USA.

GKFX was founded in 2010 and has its headquaters in UK.

What is the minimum deposit for GKFX or First Trade

The minimum deposit for First Trade is $5.

The minimum deposit for GKFX is $20.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both First Trade and GKFX are a good choice.

First Trade vs GKFX - Regulation And Licencing In More Detail

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

GKFX is regulated by Financial Conduct Authority (FCA).

Both First Trade and GKFX have a powerful set of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their own privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare First Trade vs GKFX Commission And Fees

First Trade and GKFX are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.

But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three types of penalties for this objective.

The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you're spending a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you maintain a leveraged position for more than a day.

Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.

Generally, neither First Trade or GKFX charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often trade, for example daily or weekly trading.

However, non-trading fees charged by First Trade and GKFX are comparatively greater. Consequently, you're billed more for non-trading activities in your trading account, like withdrawal and deposits. These aren't about the sale and purchase of assets.

This First Trade vs GKFX review for 2025 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For First Trade And GKFX

What Languages Do First Trade And GKFX Support?

Being able to chat easily with your trading broker is a key part of comparing online brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Below you will find all the languages that both First Trade and GKFX offer communication in.

How Many Clients Do First Trade and GKFX Have?

Both First Trade and GKFX are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many customers First Trade and GKFX have

What Payment Methods Do First Trade and GKFX Accept?

First Trade and GKFX both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at First Trade and GKFX

What Can You Trade With First Trade and GKFX?

First Trade offers 101 trading instruments and GKFX offers 100.

Below you will find a full breakdown of what both First Trade and GKFX offer.