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GKFX

4.1
Total score

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Broker GKFX (pronounced “GKFX”) is an international brand that has been actively present in the global financial market since 2009. The main goal of the company is to become one of the leading brands providing professional services for both active and passive trading. GKFX strives to constantly develop and improve its technological capabilities in order to provide its clients with high quality service.

The GKFX brand has offices in the UK, Germany, Japan, Turkey and other countries, which allows the company to provide its services to traders all over the world.

  • Account currency

    USD, EUR, RUR

  • Minimum deposit

    From $0 (STP, ECN), from $10,000 (STP, ECN). From USD 0 (STP, ECN), from USD 10,000 (PRO.ECN). USD (PRO.ECN)

  • Leverage

    Before 1:30

  • Spread

    From 0 points

  • Instruments

    Currencies, stock and commodity market assets

  • Margin call / Stop out

    Stop Out - 50%

Pros

  • Licenses from more than 10 regulators: GKFX has licenses from more than 10 regulators in the countries where the broker's offices are located. This ensures a high degree of reliability and compliance with international standards of financial regulation.
  • Technical tools: GKFX offers its clients a wide range of technical tools, including Market Depth (Level II), trading signals for MetaTrader 4 (MT4) and other advanced features that help traders make informed decisions and increase trading efficiency.

Minuses

  • High stop-out level: The stop-out level is 50%, which may be a disadvantage for traders who prefer a more flexible risk management environment.

Customer geography

  • United Kingdom
    51.1%
  • India
    16%
  • U.S.
    8%
  • Malaysia
    6.2%
  • Turkey
    4.6%
  • Pakistan
    3.1%
  • Australia
    1.9%
  • Spain
    1.7%
  • Canada
    1.7%
  • Israel
    1.1%
  • Others
    4.6%

Expert evaluation

James Anderson
Financial analyst, expert

GKFX stands out for its absolute transparency. The official website presents the spreads for each instrument, calculated for all ticks. The list of counterparties-suppliers of liquidity and detailed margin requirements are also available.

All information provided corresponds to reality, which excludes artificial slippages, sudden spread widening, additional commissions or restrictions on order placement.

GKFX has licenses in each of the 15 countries where the company’s offices are located. This ensures a high level of reliability and compliance with international standards of financial regulation. The availability of licenses confirms the company’s commitment to high standards of business conduct and protection of clients’ interests.

GKFX actively implements innovative technologies to improve the trading process. In addition to the classic MetaTrader 4 (MT4) platform, traders are offered access to market depth (Level II) with quotes from other traders. The company has developed its own ECN-technology for placing orders on the external market, which ensures high speed and accuracy of transactions execution. Clients have access to an archive of detailed quotes for deeper market analysis.

GKFX leaves a positive impression due to its individual approach to each client. The company has earned a reputation of a responsible and reliable partner, which is confirmed by its long-standing presence in MOFT ratings of Forex brokers.

GKFX is an example of a broker that successfully combines innovative technologies, high level of transparency and strict regulatory standards. These qualities make the company attractive to traders looking for a reliable and professional partner in the Forex market.

Analysis

4.1
Overall score
4.5
Order execution
3.98
Investment instruments
5.1
Withdrawal speed
5.5
Customer support performance
3.6
Number of instruments
4.4
Trading platform
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Ribeit

Cooperation with MOFT rebate service allows you to make your Forex trading even more profitable. To do this, follow the steps below:

  1. Register on MOFT: Complete a free registration on the MOFT website.
  2. Go to the GKFX website: Use the MOFT affiliate link to go to the GKFX broker website.
  3. Open a trading account: Create a trading account on the GKFX platform.

After that, you will start receiving spread reimbursement, which will be credited to your Personal Area balance. Rebate is credited for all trades, both profitable and unprofitable, regardless of the type of strategy used.

Try to take advantage of this opportunity and see the benefits of such cooperation!

Trading conditions

Trading conditions at GKFX broker can be called competitive and convenient for different categories of traders.

Account types and minimum deposits:

  • STP and ECN accounts: There is no limit on the minimum deposit amount.
  • Professional ECN account: Requires a minimum deposit of USD 10,000 or more. US.

Leverage:

  • The maximum leverage is up to 1:30.
  • For some instruments leverage is limited to 1:20.
  • Before weekends, leverage is reduced to 1:10 for all instruments.

Stop-out level:

  • High level of stop-out, providing additional protection of traders’ funds.

These conditions make GKFX an attractive broker for both novice traders and professionals, offering flexible trading opportunities and risk management.

  • Trading platform

    МТ4

  • Accounts

    Demo, STP, ECN, PRO.ECN

  • Account currency

    USD, EUR, RUR

  • Deposit/withdrawal

    WebMoney, Neteller, Skrill, Yandex.Money, QIWI, Visa, Mastercard, bank transfer, Bitcoin

  • Minimum deposit

    From $0 (STP, ECN), from $10,000 (STP, ECN). From USD 0 (STP, ECN), from USD 10,000 (PRO.ECN). USD (PRO.ECN)

  • Leverage

    Before 1:30

  • PAMM accounts

    no

  • Minimum order

    0,01 (STP, ECN), 0,1 (PRO.ECN)

  • Spread

    From 0 points

  • Instruments

    Currencies, stock and commodity market assets

  • Margin call / Stop out

    Stop Out - 50%

  • Liquidity provider

    LMAX, Currenex, Integral, FXCM

  • Mobile trading

    yes

  • Affiliate program

    yes

  • Order execution

    Instant Execution, Market Execution

  • Trading features

    There are signals for MT4

  • Contests and bonuses

    yes

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Commissions

MOFT analysts conducted a thorough analysis of GKFX broker’s trading conditions for explicit and hidden commissions. Here are the main conclusions:

No hidden commissions:

  • The analysis showed that the broker has no hidden commissions.

Pricing Complexity:

  • Different pricing components are provided for individual assets:
      • Locked margin
      • Margin percentage
      • Turnover fee
      • Dividend adjustment

Fees for deposit and withdrawal of funds:

  • The broker charges commissions for deposits and withdrawals.

Swaps:

  • There are commissions for carrying a position to the next day (swaps).

These aspects make GKFX’s trading conditions quite complicated to understand, yet transparent. It is important to consider all of the above commissions and conditions when planning trading strategies and managing capital.

Account type
Spread / commission
Withdrawal fee
STP
from 1$
Yes
ECN
from 1$
Yes
PRO.ECN
from 1$
Yes

Broker Overview

GKFX broker is an international brand, represented in more than 10 countries, operating since 2009. Each representative office of the company has a license of the relevant jurisdiction. GKFX emphasizes technological development and guarantees transparency of all operations. The company claims that it transfers 100% of client orders to ECN systems and liquidity providers, which eliminates conflicts of interest.

Basic facts about GKFX:

  • Spread: from 0 pips on all types of accounts, formed by the market. The broker earns on fixed commission on ECN-accounts.
  • Minimum deposit: from 2 USD. USD for STP and ECN accounts.
  • Geography: Present on all continents except North America.

GKFX is a broker you can trust

The company builds its work on the partner scheme, bringing all the clients’ transactions to the external market, which eliminates the conflict of interests and relies on successful traders generating large trading turnovers.

Trading platform: MetaTrader 4 (MT4), complemented by a number of applications such as chart analysis tools, signals from the MQL trading community and a price tracker.

GKFX useful services:

  • Autochartist: expands chart analysis capabilities in MT4.
  • Trading Central: provides analytical forecasts for all sectors of the financial market.
  • Price Stack (Level II): allows you to see quotes and trade in one click with instant calculation of VWAP (volume weighted average price).

Trading strategies

GKFX does not impose restrictions on the use of trading strategies. Scalping and algorithmic trading are welcome.

GKFX offers three types of accounts, differing in order execution model and commissions:

  1. STP
    • Description: account for beginner traders and realization of conservative strategies.
    • Minimum deposit: none.
    • Minimum transaction volume: 0.01 lots.
    • Order execution: Instant Execution.
    • Execution of trades: on liquidity providers.
  2. ECN
    • Description: account for professional investors.
    • Minimum deposit: none.
    • Minimum transaction volume: 0.01 lots.
    • Order execution: Market Execution.
    • Exit of trades: directly to ECN-systems.
    • Features: price stack with client orders.
  3. PRO.ECN
    • Description: account for institutional professional investors.
    • Minimum deposit: USD 10 thousand. US DOLLARS.
    • Minimum deal volume: 1 lot, deal step – 0.1 lot.
    • Order execution: Market Execution.
    • Features: price stack with client orders.

To familiarize yourself with the trading conditions and capabilities of the platform there is a demo account, for which verification is not required.

Advantages

  • Public information on spreads and commissions: GKFX provides detailed data on spreads and commissions for each trading asset, allowing traders to accurately understand their trading costs and plan strategies with this information in mind.
  • Instant trade execution: The company guarantees order execution without artificial slippage, providing fast and accurate trades. This is important for traders who trade at high speeds and use time-sensitive strategies.
  • No minimum deposit restrictions: GKFX offers accounts with no minimum deposit requirements, which makes the broker's services accessible to traders with different capital levels.
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GKFX personal account overview

How to open an account with GKFX broker

1. Go to the website and register
On the main page of the broker’s website, click “Register” or “Open a demo account”.

2. Filling in questionnaire data
To open a demo account it is enough to specify your e-mail address.

3. Getting access
Data for access to demo account will be sent to your e-mail. To get access to the Client’s Personal Cabinet, you need to open a live account.

GKFX personal account features

  • Opening any type of account
  • Deposit and withdrawal of money

Other features of the personal account:

  • Adjustment of personal information in the profile.
  • Managing statistics on the affiliate program.
  • History of ticks.
  • Analytical tools.
  • Access to investment accounts and much more.

GKFX offers a simple and convenient registration procedure and many useful functions in the personal cabinet, which makes trading with this broker comfortable and efficient.

Answers to questions

  • What trading platform does GKFX provide

  • What are the minimum deposit requirements to open an account with GKFX

  • What fees does GKFX charge for deposits and withdrawals

  • What types of accounts does GKFX offer

  • What level of leverage does GKFX offer

  • What analytics services does GKFX provide

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