GKFX Review

Regulated by: FCA

Headquarters: United Kingdom

Ranking: 25

Spread: 1.2 pips (EURUSD)

Leverage: 400:1

Minimum Deposit: $0

GKFX Review & Author's Comment

GKFX is established in 2010 and regulated by FCA in the UK. It may look like a relatively new forex broker however it is very impressive to see how fast this firm grew into one of the most successful emerging forex brokers in the world with offices in China, Slovakia, Slovenia, Egypt, Germany, Hong Kong, Indonesia and Italy.

It could be one of the fastest growing forex brokers in the world however GKFX underdelivers in terms of spreads and trading features. If you have an automated trading system, unfortunately you won’t be able to trade with GKFX since the firm doesn’t allow use of EAs. Besides, spreads are relatively high. Well, it goes as low as 0.6 pips for EURUSD however on VIP account which requires you to deposit at least $25.000.


Broker Detail
Adress: Bevis Marks, House 24 Bevis Marks, London, EC3A 7JB, United Kingdom
Phone: +44(0)2071861212
Web:

http://www.gkfx.com

E-Mail: [email protected]
Regulator: FCA (Registration number 501320)
Year Founded: 2010
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, Skrill, Neteller, Sofort
Withdrawal Methods: Wire Transfer, Credit Card, Skrill, Neteller, Sofort
Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Chinese, Chzech, Dutch, English, French, German, Greek, Hungarian, Italian, Romanian, Spanish, Swedish
Platforms
Supported Platforms: MetaTrader 4
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 400:1
Spreads: As low as 1.2 pips for EURUSD on Variable account
Minimum Deposit: $0
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:

GKFX Review

GKFX Review
  • 8.1/10
    Reliability - 8.1/10
  • 8.2/10
    Deposit & Withdrawal - 8.2/10
  • 5/10
    Bonus - 5/10
  • 8.3/10
    Customer Support - 8.3/10
  • 7.8/10
    Overall Trading Conditions - 7.8/10
7.5/10

Summary

One of the fastest growing forex brokers in the world. FCA regulated and reliable. EAs not allowed, high spreads, no trading promotions and bonuses.


I have been in trading business for almost 30 years and the latest 15 years of this period has been devoted to foreign exchange trading. After the boom of forex brokers offering lucrative features like leverage, 24/5 trading hours and wide diversity in pair instruments, I have tried and traded with more than thirty forex brokers in several different countries.

Risk Warning:

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.