About its history and mission
Founded in 2010, GKFX is a global online broker offering forex and CFD trading services. The company has built a strong reputation in the trading community by providing traders with cutting-edge technology, a wide range of financial instruments, and strong customer support. GKFX aims to offer a reliable and transparent trading environment for both retail and institutional clients.
- Founded
- 2010
- Headquarters
- Address
- Website
Strengths and Weaknesses
Strengths
- Key Strengths: Low spreads on major forex pairs and tight commissions on certain accounts. Multiple platforms available, including MetaTrader 4 and WebTrader. Wide range of forex, indices, and commodities available for trading. Well-regulated in key jurisdictions, providing security to traders.
- Areas for Improvement: Limited educational resources for beginner traders. Customer support may experience delays during peak times. Lack of support for more niche trading instruments like cryptocurrencies. No VPS services available for traders who need ultra-fast execution.
Weaknesses
Safety and Regulations
GKFX is regulated by several trusted financial authorities, including the UK’s Financial Conduct Authority (FCA) and other international regulators. These licenses ensure that the broker adheres to stringent regulatory standards, providing clients with a safe and secure trading environment. GKFX adheres to strict fund segregation policies, ensuring that client funds are kept separate from the company’s operational funds. This helps protect clients in the event of the broker’s insolvency. Additionally, the company provides insurance coverage for client deposits, offering an extra layer of security.
Regulators
- BVI FSC
- CNMV
- MFSA
- SECC
Instruments Available
Types of Accounts
Standard
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:30
- Margin call level
- Stop-out level
- 50
Premium
- Minimum deposit
- $0
- Commission
- Available tools
- 0
- Leverage
- 1:1 to 1:30
- Margin call level
- Stop-out level
- 50
Corporate account
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:30
- Margin call level
- Stop-out level
- 50
Fees and Charges
GKFX offers low spreads starting from 0.1 pips for major forex pairs. Commission fees may apply to certain account types, especially the ECN accounts, but these commissions are competitive and provide value for active traders. Swap rates are charged on overnight positions and vary depending on the currency pair and market conditions. Traders should check the current swap rates in their platform before holding positions overnight. GKFX charges an inactivity fee for accounts that remain dormant for a period of time. This fee ensures that inactive accounts are maintained efficiently and that the platform remains active for those who need it.
Trading Platforms
Customer Support
Contact information not available. Visit the broker’s website for support options.
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
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Users reviews
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