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Gkfx Is It A Scam? Review

Unfortunately, trader feedback in this regard simply cannot be ignored, so we will have to conclude that there are certain things wrong with the operation. We use cookies to support features like login and allow trusted media partners to analyse aggregated site usage.

GKFX Forex Broker Review

Regulation is provided by the Malta Financial Services Agency which offers a great compromise of an EU based regulatory framework with small jurisdictional flexibility. GKFX is fairly transparent, and the only significant error uncovered was the lack of deposit and withdrawal information. While the lack of experience is evident after digging through this brokerage, the core is solid, and GKFX may be a diamond in the rough. After an intensive polishing procedure, forex analytics this broker may shine eventually, and traders who prefer to grow with their broker may have found a stable partner to achieve precisely that. While we were happy to find during our GKFX review that the company offers a VPS service, the requirements and charges are on the high end of the spectrum. Asking for both clearly benefits the broker at the expense of the trader. GKFX offers over 600 assets across five classes and continues to grow this base.

Despite that fact, the reputation of the brokerage is not particularly stellar – to say the least. Furthermore, GKFX provides traders with an assortment of apps for various mobile devices like tablet computers and smartphones. So, traders can use the platform to trade while on the go easily. We concluded from our observation of the company and traders that used the service is that they are reliable. They are credible and tend to keep their integrity intact with their philosophy of offering a customized experience.

Trading Type

Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. GKFX Prime offers a fair trading environment for all types of traders. Not as a rule, but more information on commissions can be obtained from the customer support service.

It also points to the successful start and correctly chosen niche of development. However, today it’s nearly impossible to find a broker with only positive feedback. We really hope that the representatives of the company keep track of comments and work hard to improve the services provided. The availability of bonuses, professional support, Currencies forex favorable terms of trade, unique opportunities, and mostly positive feedback – all of this speaks to the thoughtful policy of working with the users. Numerous certificates and licenses also lend trust to the broker. Despite the fact that GKFX is a novice broker on the market, it has yet to show its potential in Forex trading .

As professional traders ourselves we know that big is not necessarily big, something that GKFX can prove. Now in addition to being regulated in several countries, it provides excellent support to traders. So, everyone using the service knows that their problems will be addressed.

They have pretty extensive FAQ section which can help you a lot. Moreover, there are no fees for UK Debit or Credit cards, and if you use cards from other countries than there is a small fee to be paid.

Gkfx Is A Multi

Beyond the shadow of a doubt, the flagship of the GKFX platform-offer is the MT4 platform. It is the most popular and capable trading platform in the world, covering every need a trader may have in just about every regard. The Corporate Account features a combination of fixed/variable spreads, starting from just 0.6 pips.

Cost and/or fees may be charged at the time of the initial purchase of the investment and such costs/fees may be deducted thus lowering the size of your investment and/or return. The performance figures quoted refer to the past and past performances is not a guarantee of or a reliable guide to future performance.

GKFX Forex Broker Review

Some of the links on this websites articles and comparison tables are affiliate links, which means we receive a commission should open an active account. We hope you found our review of the GKFX brokerage firm useful. GKFX is regulated and well established having been in business for over 11 years. Withdrawing money from GKFX processing time varies but averages 2-5 days.

MT4 comes with powerful charting features, complete with a huge number of drawing tools and technical indicators. The version that can be downloaded for free from the GKFX website comes with a number of preinstalled indicators. Traders can install third-party indicators and they can even create their own. In addition to the above, the platform allows for the automation of the trading process through the use of EAs. There’s a web-based MT4 version available too, as well as the Siryx Web trader and a multi-terminal.

User Reviews

Trading instruments offered may differ based on the country of residence of the Client. A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account. Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive GKFX Forex Broker Review trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading. GKFX is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries GKFX covers include the UK, Germany, Australia, South Africa, Thailand, and China.

Started with a Standard account at first, then after a few months of profitable trade, opened up an ECN Zero account. Some of the best trading conditions I’ve encountered in my 7 years of trading, with good technical support and attentive Account Manager when I have an issue or question. Their customer support team provides innovative and reliable assistance on every issue and trading problem their clients face. Social Trading section for forex copy trading and following trades of other currency traders. The broker provides this trading platform metatrader4 which can be downloaded from the brokers’ website. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it.

  • In a fast market as Forex, the customer support has to be top-notch, let alone available.
  • Binary option trading on margin involves high risk, and is not suitable for all investors.
  • Andorid mobile devices and tablets are used by millions of people globally.
  • GKFX also urges its clients through its web platform to always look for the SSL security sign o the browser while operating GKFX.
  • You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with GKFX.
  • GKFX is used by over 10,000 active traders and GKFX users.

When opening a trading account with GKFX, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on GKFX trading platforms here. Performing trades with GKFX GKFX allow you to execute a minimum of trade of 0.01 Lot. The maximum trade requirements vary depending on the trader and the instrument. As GKFX offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Band transfer takes anywhere from 1 to 5 business days, depending on the country, and 3 – 5 business days for credit card transfers. There are very few brokers who have a no deposit bonus in forex Malaysia, so this feature is something that should stand out to you if you are comparing brokers. An optional swap-free or Islamic account option is available for all traders who request it.

Can You Trust Gkfx Prime? Learn More In This Gkfx Prime Review

Even though they are relative newcomers they seem to be working hard at retaining long term customers. As standard they offer top quality service and enough information to keep traders well informed. If you like what you’ve read so far, we would of course advise you to open a demo account first. As first hand experience is much more informative than reading about someone else’s experience.

GKFX Forex Broker Review

GKFX has been facilitating trade on the financial markets for over 11 years. GKFX offers clients Forex trading, CFDs trading, and Spread Betting trading. All funds deposited to GKFX are held in segregated tier 1 bank accounts for security. GKFX is regulated by Financial Conduct Authority so can be considered legit. The support team of GKFX is available from Sunday 10 pm through Friday 10 pm and can be reached via phone, e-mail or message directly from their website.

Is Gkfx Regulated?

The Android GKFX MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. You can sign up for a demo account to acquaint yourself with GKFX platform. Owned by a fintech company which has a remarkable growth story, this broker contains the right ingredients to grab market share and grow into a considerably better brokerage than it currently is. Clients have access to over 600 assets across five categories and as GKFX grows, so does its asset pool.

As GKFX recommends it, the easiest way to deposit funds is to use a credit or debit card. GKFX Bitcoin and Forex broker is a global company with headquarters in London. Besides, it has locations in 18 cities and 14 countries around the world – from Beijing to Warshaw.

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. Well, it goes as low as 0.6 pips for EURUSD however on VIP account which requires you to deposit at least $25.000. Anyone who wants to try out GKFX’s services can signup for a demo account.

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