GKFX Review 2021
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| GKFX is an MT4 trading broker offering a suite of financial instruments & tools. | ||
GKFX is broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies. GKFX allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
GKFX also gives traders access to 5 cryptocurrencies: BTC, LTC, ETH, XRP and DSH.
GKFX is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
GKFX Summary
GKFX is an MT4 trading broker offering a suite of financial instruments & tools.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | ✓ |
| Min. Deposit | €100 |
| Min. Trade | 0.01 lots |
| Regulated By | MFSA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | Yes (GKFX Prime) |
| Social Trading | ✓ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Trade online CFDs with 1:5 leverage and low spreads.
| Leverage | 1:5 |
|---|---|
| FTSE Spread | 1 |
| GBPUSD Spread | 0.7 |
| Oil Spread | 0.03 |
| Stocks Spread | Variable |
Forex Trading
Trade on global currencies with 1:30 leverage.
| GBPUSD Spread | 0.7 |
|---|---|
| EURUSD Spread | 0.6 |
| EURGBP Spread | 1.4 |
| Assets | 50+ |
Cryptocurrency Trading
Trade five leading cryptocurrencies against the US Dollar.
| Spread | Variable |
|---|---|
| Coins | BTC, LTC, ETH, XRP, DSH |
Binary Options Trading
| Payout Percent |
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Payment Methods
GKFX accepts the following payment methods:
- Visa
- Neteller
- Webmoney
- Skrill
- Sofort
- Wire Transfer
FAQ
Is GKFX Safe?
In our review we gave GKFX a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that GKFX is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does GKFX Accept PayPal?
No, GKFX does not accept PayPal payments.
Is GKFX Halal?
Yes, GKFX does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does GKFX support?
GKFX only supports the MetaTrader 4 trading platform at this time.
Is GKFX Regulated?
Yes, GKFX is regulated by MFSA.
The fact that GKFX is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.
GKFX vs Other Brokers
If you want to compare GKFX with other brokers, use the detailed comparisons below.
GKFX vs |
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| GKFX is an MT4 trading broker offering a suite of financial instruments & tools. | ||