Gkfx scam

We don’t have our own personal experience with GKFX. However, because the broker is regulated by the FCA and MFSA, there is a high chance that it is not a scam.

Best forex bonuses

GKFX Review; Is it a Scam or Legit Broker (2021), gkfx scam.

With that being said, it still does not mean that GKFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

GKFX review – is it a scam or legit broker (2021)

In this GKFX review, we are going to take a look at the offer that this broker prepared for its traders. GKFX is regulated by the FCA in the UK. GKFX operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5. The GKFX minimum deposit is 1 USD.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Basic information from this GKFX review

website address:	gkfx.Com
operated by:	AKFX financial services ltd.
Licensed and authorised by regulatory bodies:	FCA MFSA
supported languages:	english, german, spanish and italian
customer support available via:	E-mail, phone, live-chat
contact details:	[email protected], 0044(0)2071861212
available deposit methods:	bank transfer, VISA, mastercard, bitcoin, qiwi, skrill, webmoney
available withdrawal methods:	VISA, mastercard, neteller, qiwi, skrill, webmoney, yandex money
minimum deposit:	1 USD
min. Trade in lots:	0.01
spreads:	minimal spread on the currency pair EUR/USD - 0,6 pips * on standard account type
tradable assets:

GKFX fees (minimal spreads)

We have scanned fees (minimal spreads) that GKFX charges when trading popular currency pairs, here is their breakdown in pips.

*minimal spreads were recorded on 17.09.2020 at 09:38 for the standard account. GKFX spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Frequently asked questions

�� is GKFX a scam?

GKFX is a broker licensed and regulated by the FCA and MFSA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that GKFX is not a scam, read our trader reviews and check other popular trading related websites and forums.

�� what is the GKFX minimum deposit?

In order to start trading with GKFX, you have to deposit at least 1 USD.

�� what deposit and withdrawal methods GKFX supports?

We don’t have our own personal experience with GKFX. However, because the broker is regulated by the FCA and MFSA, there is a high chance that it is not a scam. With that being said, it still does not mean that GKFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.

Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.

Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

Disclaimer/disclosure

All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

GKFX review

Overview

GKFX is a large international company that offers expanded services in the financial markets.

Details

broker	GKFX
website URL	gkfxecn.Com
founded	2009
headquarters	30 charles II street, london. SW1Y 4AE united kingdom
support number	+7-495-540-40-48
support types	chat, phone (including callback), call from the site, forum, email
minimum 1st deposit	no minimum deposit
minimum trade amount	1$
bonus	- 20% commission
leverage	1:500-1:25
spread	from 0 points
free demo account	open demo
regulated
regulation	FCA (№501320)
account types	demo, STP.MT4, ECN.MT4, PRO.ECN.MT4
deposit methods	credit cards (mastercard, visa), bank transfers, electronic wallets (skrill, webmoney, QIWI, neteller, contact), internet banking (alfa-click)
withdrawal methods	credit cards (mastercard, visa), bank transfers, electronic wallets (skrill, webmoney, QIWI, neteller, contact), internet banking (alfa-click)
number of assets	58
types of assets	currency, oil, gas, metals spot, CFD indices
account currency	USD, EUR, RUR
US traders allowed
mobile trading
overall score	5/10

Full review

Certainly, as their potential clients you’re eager to know whether GKFX is a scam or a reliable broker you can 100% trust. Your curiosity will be satisfied below.

GKFX offers its users high quality services, so they can enjoy comfortable and efficient forex trading. The broker is truly interested in the profitability of its clients and the company tries to do a lot for them. The company’s clients are provided with tons of opportunities and freedom – there aren’t any restrictions on strategies, tactics, or placing of orders. GKFX has developed its own fully-fledged electronic communication network (ECN) – a unique electronic exchange that contains information about the trading applications of the company’s clients as well as liquidity providers (banks, ecns, large brokers).

The ECN comes up with the most modern technologies used in the financial markets industry. It makes trading transparent and efficient due to the innovative logic of working with liquidity providers. Among the advantages of the system, one should mention great transparency of work, a book of orders (the user can see his as well as other orders in the system; he’s capable of affecting the spread and trading without it), no restrictions on placing pending orders and on trading tactics, instant execution of transactions, and the absence of re-quotes.

The broker cooperates with such audited liquidity providers as lmax, integral, currenex, KCG hotspot, CFH clearing, advanced markets, and FXCM. The company has come up with an expanded list of tools: oil, gas, metals SPOT, currency pairs, and CFD-indices. The company offers to work in the most popular trading terminal – metatrader4, which features great functionality and an intuitive, user-friendly interface. It enables you to carry out any kind of trading, including the use of advisers and trading robots, etc.

Thanks to a handy mobile application, traders can make deals anywhere in the world. The company offers free trading signals (the rating of trading signals from various suppliers is available). By the way, it’s quite possible to copy the transactions of successful traders and pay them a subscription fee. The official site of GKFX is highly informative: lots of materials have been published (about the company, trading accounts, platforms, trading conditions, licenses, analytical data, educational information, etc.).

Replenishment and withdrawal of funds

GKFX offers different ways to deposit funds and withdraw your earnings. To replenish your trading account, you need to register with the broker, deposit the required amount, and choose a convenient way of transferring funds. To deposit funds, you can use the presented list of payment systems:

Bank transfers;

Credit cards (mastercard, visa);

Electronic payment systems (skrill, webmoney, QIWI, neteller, contact);

Internet banking (alfa-click).

Depositing money via credit cards and electronic payment systems is instant, while bank transfers will bring you funds in up to five working days. When it comes to withdrawing your earnings to any of the electronic payment systems, you will receive money within 24 hours. However, you will have to wait for about 10 days if you decide to withdraw funds using bank transfers. Read more about the timing of withdrawal and replenishment of funds on the official website of the broker GKFX.

Complaints about GKFX

GKFX is still a young forex broker, but the internet already offers quite different reviews about it. Some traders note the benefits of working with the company. They point to a good execution of transactions, qualitative services, the absence of slippage, excellent analytics, profitable bonuses, narrow spreads, the availability of its own ECN, and trouble-free withdrawal of funds.

Other traders also note the negative side, including excessive fees for withdrawal of funds, unstable spreads, problems with the trading terminal, long withdrawal of funds, long work of technical support, and frequent slippage. However, we’d like to stress that at the moment the broker has more positive feedback, which in many respects promotes our trust in it. Despite the fact that it’s difficult to present any broker without negative reviews, the company should track user comments in order to improve the services provided.

If you want to avoid problems with the broker, you’d better learn from your personal manager the terms of account verification, the rules for using bonuses, and the crucial nuances and pitfalls of withdrawal of funds. In general, GKFX has yet to conquer the market and its audience, which means that there will be more reviews about it and it’s too early to draw conclusions about the company.

If we find complaints about GKFX, we will post it on social media. Follow us to be well informed:

Is GKFX a scam?

Despite the fact that GKFX is a novice broker on the market, it has yet to show its potential in forex trading (truth about forex). The company has already reached considerable heights, demonstrating its serious intentions. Reviews about the broker GKFX are quite diverse. However, it’s clear that positive reviews dominate. In many respects this supports the user’s trust in the broker and the recognition of the high quality of the services provided.

Of course, negative feedback can be found, too. 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, 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.

Another positive factor is the provision of a reliable MT4 terminal, a highly productive and efficient ECN system, which allows the fullest use of all forex trading opportunities (by the way, traders also highly praise this system). The willingness to invest a lot of money into the development of a complex and unique service in many ways proves the seriousness of the company’s intentions, which is important for providing the users with the best solutions. All of this shows that GKFX can’t be a one-day broker.

The official site of the company contains an impressive amount of information, including analytics and training. Here you can find enough materials about the company, its bonuses, terminals, etc. We can say that the broker pays much attention to all of this, and everything is presented at a good level. Should we consider GKFX to be a scam? We are assured that at this stage of the company’s development it’s too early to draw such conclusions. However, you can certainly keep yourself safe by simply working properly with your personal manager.

Regulation of the broker

The head office of the company is located in london. It’s regulated by the financial services authority (FCA, UK, no.501320). GKFX also has the licenses of regulators of different countries in which it promotes its services. Now, let’s enumerate the financial supervisory bodies working with the broker:

Japan – JFCA,

UAE – DMCC (no.32142),

Germany – BAFIN (no.130602),

France – AMF,

The netherlands – AFM,

Italy – CONSOB (no.2915),

Spain – CNMV (no.71),

Sweden – finansinspektionen (no.556873-1326),

The czech republic – CNB (no.256/2004),

The slovak republic – národná banka slovenska.

Bonuses of GKFX

Every trader of the company can receive a 20% bonus of the commission on ECN accounts.

The bonus is available only for newcomers of the platform, it’s valid for the users of the ECN and MT4 account, and it represents a reduction of the commission paid to the broker by 20% in the course of trading. To use the bonus, you need to register with the broker. Terms of work with the bonus should be specified by the personal manager.

Conclusion

The forex broker GKFX is a young company; however, it has already shown its enormous potential in many respects. The company is noted positively in the responses of traders. Favorable terms of trade, a unique ECN service, the pleasant availability of bonuses, a highly informative site, an excellent support service as well as an extensive list of regulators—all of this gives grounds to characterize the company positively. It also points to the successful start and correctly chosen niche of development.

However, we shouldn’t ignore negative feedback from users about the broker. Let’s hope that the company tracks this information and creates a positive dialogue with the user. Additionally, it should be noted that GKFX is still a young company. It’s actively developing. So, at this stage we can’t say for sure whether it’s a scam or something we can always trust. The traders’ responses we’re waiting for in this article will influence the rating of the broker. Additionally, they will warn other forex traders against possible problems.

GKFX review - is it scam or safe?

RECOMMENDED FOREX BROKERS

Trading accounts

Account type	min. Deposit	minimum trade size	maximum leverage	average spreads
variable	$1	0,01	1:400	1.5 pips on EUR/USD
fix	$1	0,01	1:400	fixed, 1.5 pips on EUR/USD
swap-free	$1	0,1	1:400	fixed, 2.5 pips on EUR/USD
VIP	$25 000	1	1:100	1.0 pips on EUR/USD
corporate	$25 000	1	1:400	1.0 pips on EUR/USD

GKFX provides three basic account types: variable, fix and VIP. Additionally, there is a corporate account and also a sharia-compliant swap-free (islamic) account. All of them provide commission-free trading.

Micro lots are available for trade with GKFX’s variable and fix accounts, as well as with the swap-free one upon request.

As regards the islamic (swap-free accounts), GKFX applies the commission charges for positions kept open for 5 consecutive nights on swap-free accounts amounting to $10 per lot per day on all FX positions ($1 per lot per day on commodity positions).

Moreover, GKFX offers MAM (multi account manager) accounts for money managers and clients looking for professionals to manage their funds.

UK residents can also benefit from a spread betting account with leverage up to 1:100, which offers with over 500 instruments to choose from.

The company

Although a young company established in 2010, GKFX has grown rapidly, expanding its offering to numerous products including FX, cfds, commodities, equities and indices, as well as spread betting (for UK residents).

GKFX is a brand of london-based GKFX financial services ltd., a part of global GKFX group with offices in beijing, bratislava, brno, cairo, dubai, frankfurt, hong kong, jakarta, johannesburg, madrid, milan, paris, prague, shanghai and warsaw.

The company has an australian subsidiary, GKFX financial services australia pty ltd., which holds an ASIC license.

We would also like to mention that GKFX is proud to be a global market maker and official sponsor of italian football club AC milan.

Security of funds

GKFX financial services ltd. Is authorised and regulated by the financial conduct authority (FCA), which means it is held to high ethical, security and transparency standards. To acquire a license from the FCA, UK-based brokerages must hold a minimum of €730 000 net tangible assets in order to prove their financial stability and to keep clients` funds in segregated bank accounts.

Regulation by FCA also involves additional guarantee to clients’ funds, since they fall under the financial services compensation scheme (FSCS), where the maximum compensation cover is £50,000 per person in the event that a broker becomes insolvent.

What is more, GKFX is also registered with a number of EU regulators, including bafin, CONSOB, czech CNB and others.
As regards the company’s australian arm GKFX financial services australia pty ltd., it is duly licensed by the australian securities and investment commission (ASIC).

Trading conditions

Minimum initial deposit
there is no minimum deposit for opening or maintaining a trading account with GKFX, which is quite attractive, as most brokers require some initial amount to start with. In comparison, forex.Com, require $250, and fxpro - $500. Still, you need to have some funds in your account in order to initiate a trade.

Average spreads & commissions
there are trading accounts with both fixed and floating spreads in the broker’s product portfolio. The average variable spreads on EUR/USD offered by this broker amount to 1.5 pips, which is on the upper end of average. Fixed spreads of GKFX also amount to 1.5 pips on EUR/USD. The broker charges no commission fees, as it gets its compensation through the price spread.

In comparison, trading212 (also FCA-regulated) provides variable spreads amounting to 0,9 pips on EUR/USD on its commission-free accounts. If you need further information, you may look up real-time spreads of 15 leading brokers here.

Maximum leverage
GKFX provides its clients with maximum leverage of 1:400, a relatively high ratio, still most brokers provide similar leverage levels, unless there is a regulatory cap. HY markets, for instance, offers a maximum leverage ratio of 1:300, and fxpro - up to 1:500. More forex brokers offering leverage equal to or exceeding 1:500 can be viewed here.

Please, be advised that trading on margin with high leverage levels may lead to heavy losses, exceeding initial investments.

Trading platforms

The trading platforms you can choose between with GKFX are metatrader 4 (MT4) and webtrader.

MT4 comes in as desktop, mobile and web versions. This platform is globally popular due to its innovative, on the go trading capabilities, advanced charting, automated trade options with expert advisor strategies (EA) and extensive back-testing environment. Moreover, MT4 has an additional component, multiterminal, which is a solution for traders working with multiple accounts simultaneously, and can therefore provide a dynamic platform to account managers.

Besides, GKFX is one of the few brokers that have made the MT4 available for spread betting.

Webtrader, on the other hand, is an HTML 5, web-based trading platform, available on all internet browsers which support HTML5. GKFX web uses a shared wallet with the MT4 trading platform. Additionally, it is available 24/7 and can be accessed from windows and mac operating systems.

Methods of payment

Clients of GKFX can make deposits to their accounts via bank wire and debit/credit card (visa, maestro, solo and mastercard) and skrill, deal and sofort e-wallets moneybookers, ideal & sofort. Withdrawals are made via bank wire and debit/credit cards.

The accepted currencies are USD, EUR, GBP.

Conclusion

GKFX is a well regulated market maker with typical trading conditions and global presence. To sum up the above, here are the advantages and disadvantages with regards to this broker:

GKFX review

Leverage: 1:30

Regulation: FCA

Min. Deposit: US$20

Platforms: MT4. GKFX sirix trader

Found in: 2010

GKFX licences:

The GKFX financial services ltd - authorized by FCA (UK) registration no.501320

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Is GKFX gkpro safe or a scam?

Platforms

Trading fees

Spread

Leverage

Deposits and withdrawals with a specification of minimum deposit and withdrawal fee

Conclusion

What is gkpro?

The international company GKFX, which was recently rebranded to gkpro providing global traders with access to the world financial markets since 2010. Today, gkpro headquarters in london, UK with strives to serve clients better, ensure their traders are properly supported through its various locations around the world germany (frankfurt), spain (madrid), malta, dubai, indonesia, BVI and more.

The main company goal is to become a leading brand for financial market services with its huge investments and the exceptional personnel of the company, while many of them are senior specialists of more than 20 years’ experience in financial transactions.

All in all the technology they use and their exceptional service providing intermediary strengthens broker position in the market and expands its influence.

10 points summary

�� headquarters	UK
��️ regulation	FCA
�� platforms	MT4. GKFX sirix trader
�� instruments	FX, cfds or spread betting, indices, equities, commodities and cryptocurrencies
�� EUR/USD spread	1.2 pips
�� demo account	available
�� minimum deposit	20 $
�� base currencies	several currencies available
�� education	support materials available
☎ customer support	24/5

Instruments

Traders and investors of different size and professional level are able to choose from FX, cfds or spread betting to trade on a variety of instruments including indices, equities, commodities and cryptocurrencies.

Awards

The broker is relatively young, but with its rapid development strategy its already been recognized by various international awards.

Is gkpro safe or a scam?

In terms of regulation, at GKFX you can make investments with high confidence since the security of overall processes are guaranteed under legal terms and full regulation by major world regulators. GKFX financial services ltd. Is authorized by FCA (the financial conduct authority) an independent non-governmental body, given statutory powers by the financial services and markets, with registration number 501320.

In addition, there are few other company co-regulators bafin (germany), CNB (czech republic), národná banka slovenska (slovakia) and CNMV (spain), as well as MFSA in malta which serves GKFX europe branch.

Moreover, the additional entity GKFX serves is registered with an offshore authority on BVI, and other entities in cambodia and indonesia through BAPPEBTI regulation. While the requirement on offshore is definitely much lower than the reputable FCA regulation since GKFX complies to both there are no worries about their compliance with best practices.

Naturally, GKFX pays attention to provide high financial security and transparency to the clients’ funds. Hence, there are strict regulations in this regards, all retail client funds are separately held in segregated accounts, authorization involves security for traders under the financial services compensation scheme (FSCS).

Trading platforms

The main platform of the company through which customers can make transactions in the forex market, is the popular full-featured trading platform metatrader4. MT4 indeed is the leading global trading platform among the clients of different experience level, however exciting part from GKFX gkpro is that they are the only broker that provided MT4 platform for spread betting.

With the modern way of living and for the traders benefit, the mobile apps and webtrader online platform offer great flexibility to the clients’ on-move. Another great advantage is GKFX multi terminal, which is an additional component with the feature to manage up to 100 MT4 accounts and is a solution for traders working with many accounts simultaneously.

In addition, if you wish you can also choose sirix webtrader, based on MT4 desktop platform solution, but with the added flexibility of platform access from any web-enabled PC. When using the sirix webtrader, you have the option to trade using one-click trading, seamless social trading, black and white in HTML 5, and advanced charting.

Numerous useful tools will also make your trading life with analyses and every day monitoring easier through marketinsights (ensuring latest forex news up to date), economical calendar, tradeworks (trade automation), autochartist, trading central, VPS, MT4 booster (toolkit with new way viewing trades), recognia (expert analyst views and insights) and much more.

Trading fees

GKFX offering various types of accounts for both retail and corporate clients to suit trading needs and accomplishments, along with the slight differences according to the regulatory entity of the broker. A successful choice of the appropriate account is depended by many factors, risks, size of the investment and your personal time availability to trade forex.

Generally speaking, GKFX accounts featuring the possibility to trade with micro and standard lots, through same execution quality, high level of leverage and available tools. Another nice bonus for traders is a quite attractive cost strategy, while you are able to choose either variable spread or fixed spread, see the typical spreads below.

Asset/ pair	GKFX spread – standard account
EUR/USD	1.2
crude oil WTI	5
gold	3
BTC/USD	35

For instance, you can also compare fees to another popular broker avatrade.

Leverage

Since the broker delivers its service through various jurisdictions and registered entities respectively, the leverage levels will depend under which regulation your account is opened with. This means that the main entity of gkpro that follows UK’s FCA regulatory guidelines may offer maximum leverage up to 1:30 for forex instruments, 1:20 for non-major currency pairs, 1:5 for stocks etc.

Nevertheless, the accounts which are opened under the BVI registration may sigh for a very high leverage level of 1:1000. Yet, always remember to learn how to use leverage smartly, as the correct usage will allow you to profit better, instead of just fall under the risk of rapid loss.

Deposits and withdrawals

The quickest and easiest way to deposit funds to gkpro or GKFX account is to use a credit/debit card or E-wallet card, or a bank transfer if you can wait up to 5 business days.

For card payments, there is a minimum deposit of 20 GBP/EUR/USD, while bank transfer is set to a minimum of 50$. Further on, when you want to withdraw funds, the minimum amount for a withdrawal request is 50 GBP/EUR/USD, unless you are requesting your full balance.

Another fantastic addition is that gkpro broker does not charge any withdrawal or deposit fees for any of the payment methods and accepting multiple currencies – USD, EUR, GBP.

Conclusion

Overall GKFX or gkpro has a strong technological background, while all platforms demonstrate great trade execution and allow all trading styles. Micro lots, low spreads, and 0$ minimum deposit are very attractive to the new traders too, in turn, experienced traders can find an array of useful tools and reliability.

In conclusion, GKFX is a totally reliable and improvement company according to their goals, which putting integrity and quality together. In this case, big broker doesn’t mean “better” as GKFX definitely proving to their traders’ outstanding capabilities.

Nevertheless, it ill be good to know your personal opinion about GKFX as well, which you may share in the comment area below.

GKFX.De scam or not? Review

If it is about trade with cfds and forex, the english broker GKFX is mostly one of the first drop-in centres for customers and customers from germany. A serious appearance as well as interesting live-trading-sessions provide for the fact that feel with beginner GKFX as well as professionals for the broker in good hands. In our progress report we clear whether the broker scam or is serious, at the same time we have taken the supplier once exactly under the magnifying glass and have put his conditions and performances on the test bench.

GKFX — our review

Behind the forex of brokers GKFX stands the services GKFX financial limited, a service company which comes originally from great britain. Therefore, the company head office is in london. From here all important decisions are made. Meanwhile the company orders more than 19 subsidiaries which are distributed everywhere in the world. Of course it insists services GKFX financial limited on turning up also in the german financial metropolis frankfurt am main and on furnishing an office.

GKFX primarily is adjusted by the british financial supervisory authority of financial conduct authority, briefly FCA. However, in addition, the company has also taken care successfully of a german licence and control, so that now even the bafin have an other examining look about the shops of the services GKFX financial limited. We can only favour this double regulation for german customers and customers. Should there be here unserious shops, they would strike at least one of the authorities directly. We assume from the fact that GKFX is serious and it does not concern with forex-and CFD broker duffing.

In addition, GKFX puts an insert protection at the rate of up to 50,000 english pounds for all customers and customers. In the case of an insolvency of the company all traders get back her money up to a height of 50,000 GBP guaranteed. The customer’s money is kept apart by the company property to guarantee this payback.

Clients say this

As with nearly all forex to brokers there are on the internet also negative voices about GKFX. We have taken care of this and could find out that most points of criticism are not directed at all against GKFX, but rather against the commercial principle forex-or CFD trade. This is merely offered again by GKFX and is offered as it also hundreds of other trading suppliers act. Therefore, the basic principles of trade in the financial market are put. On it GKFX has little influence.

However, many opinions about GKFX also go to a very positive direction. The general view is promised: transparency and customer’s friendliness is paired with GKFX with an attractive offer which increases also beginner responds. Many investors see particularly the live-trading as a real highlight. However, with the new part of the social trading experienced experts are not particularly contented. It conveys too much the impression, also without having to bend foreknowledge and without a finger being able to earn money. This is not mostly the case.

The support in the test

GKXF places a lot of value of customer satisfaction. The uppermost bid is about it to make available a consultation in her national language to his users which seems professional, in addition, concerning the contents. This was created with the forex broker GKFX in the test. Our contacts were apparently native speakers who have taken care friendly and obliging of all our concerns and have indicated to us fast solutions. Other users and female users have also won this impression as we could read in different progress reports.

The helpful support can be contacted immediately more than three ways. On the one hand a phone number stands ready about which directly an employee is ready. However, in the live chat we had to service few minutes till one to ourselves ours has accepted. Alternatively you can write from GKFX also simply an email. There comes the practical recall service which is available also free of charge and helps you particularly when just no contact is ready, a problem, however, best of all by phone can be discussed.

Our experiences

In our test we have taken the forex from broker of course thoroughly under the magnifying glass. In the matter of seriousness the broker receives absolute bestnoten from us particularly on account of the double regulation in england and germany. Also in the direct contact with the account executives the supplier makes a superior impression. Whether scam GKFX or duffing is? We can deny this of the best conscience. Moreover, negative voices from the internet can be mostly justified with a whole criticism of the principle of currency trade. There were not bigger objections to the real service and to the performances of GKFX.

The offer of GKFX

According to the basic analysis whether a forex broker also works really seriously a more exact look at the performances and conditions should be had. With the help of some quintessential points like the lever and spreads an easy broker’s comparison can be made. Interested traders can thereby find out fast whether they are with a broker like GKFX in the right address or should further look for a suitable candidate for her investment.

Beside the usual commercial kinds in the area of currency trade and the traden with cfds GKFX also has a little bit quite special in the programme: the social trading. As already some other cocompetitors have customers and customers about that the chance to take over trading strategies and commercial signals from other traders practically automatically and to apply to her own commercial cash discount. This has the advantage that – a successful expert should have been found – practically without own closing money can be earned. So simply as it sounds, however, nevertheless, it is not in the reality then. To find the suitable signal giver charts, statistics and must be evaluated more. However, with anlegeentscheidungen traders should count in general more on themselves than on other dealers.

Maximum 400:1

With the metatrader 4 perfectly equipped

How most other forex broker meanwhile also allowed GKFX the connection of the external tradingsoftware metatrader 4. Traders thereby have the possibility to use a structured and intuitive system as a platform which she supplies constantly with real-time exchange rates. In addition, a big choice exists in different commercial tools and analysis tools which can help the dealer in the long term. The so-called expert advisor is also installed which trading strategies automatically applies. You can or be imported yourselves einprogrammiert. With myfx other additional functions come.

In addition, GKFX also offers own web trader who decorates also very clear is. About the in-house ext. Investors can also access from on the way her account.

Payments and payouts

A deposit can be effected with GKFX above different ways. Beside the classical bank transfer and the payment by credit card on-line methods are also offered like skrill and neteller. The deposited amount is thereby within less seconds on the on-line account and can be used. Depositors must pay attention by credit card: here a fee is raised at the rate of 1.5% of the transferred amount.

The payment was very reliable in our test. The money has come within less days with us. On payment by bank transfer or credit card the amounts can be removed toll-free with the on-line account.

Bonuses and special actions

To our lack of understanding new customers are enlisted with GKFX at the moment not with a payment bonus or certain special actions. Prospective customers should still keep an eye on them internet site of the supplier. Maybe this politics and it changes will give in future maybe one or other bonus.

With 10 euros take part actively in trade

Above-average fullness in assets

With GKFX all customers and customers come at her expense. Concerning the currency pairs more than 100 different tradable basis exchange rates with which getradet can become are offered. GKFX goes to trouble to extend this offer steadily. Beside major some exotic currencies are also present. We recommend to beginners and beginners urgently to let the fingers of these. Nevertheless, here it concerns rather speculation if financial markets and connections are widely unclear. In addition, news and information about exotic currencies do not become mostly quick enough in the german-speaking space transported, so that the usual dealer has no chance to be able here actively and successfully mittraden.

With more than 600 different cfds from the areas of stocks, indexes and commodities GKFX is installed very many-sided. The competition offers here partially though even more different basis values, indeed, nearly all wishes of beginners and professional traders also fulfil 600 cfds.

Educational offers: interesting for beginners

GKFX Educational offers: also for beginners interesting

Beginners have often hard to find the way about the complicated financial community. However, in our test has appeared that the broker risks everything to reach also to novices under the arms. A big area with videos, tutorials, instructions, trainings, webinaren and to some is made available to you more. An economic data calendar is of course including. In addition, with autochartist there are automatic chart analyses and. The trading central is also ready with a lot of useful information.

Particularly we were done in the test by the live-trading which takes place at least once the week and introduces enthusiasts perfectly in the world of the tradens. A real tip for everybody which would like to look to the professionals over the shoulder.

And still an other positive quality: the demo account GKFX is also available to you longer than announced 30 days if they open a live account. Strategies can be thereby tested as a demo indefinitely free of charge in the real market. This is according to our opinion and experience a very interesting possibility.

Gkfx prime review ( gkfxprime.Com is scam )

Please read our gkfx prime review before opening an account with them. This is a gkfxprime.Com review , to see why we don’t recommend this website.

Gkfx prime review first look

By taking a first look at their website there is little to no information of who they are, which is a big RED FLAG. The lack of information about them should be enough for you NOT to deal with them. If they say we have a registered company, don’t fall for it, because anyone can set up a company online for just a few dollars. No one knows who these persons are and there is a good reason for that because they keep their identity hidden while stealing your hard earned money.

Regulation

Another MAJOR RED FLAG is that gkfx prime does not appears to be regulated by any agency.
So we urge you NOT to deposit with gkfx prime and any other unregulated forex “company” because that means they don’t hold responbility and you are absolutely not safe. They have the simple objective to hurt as much people as possible taking away their money and switch into a different domain. After that you can’t find them anymore and you can’t trace your money where is gone for always.
If they say we are regulated search the name company in the respective regulating agency database.

How does it works?

Talking with them, they will promise to make you guaranteed results on trade. Who can believe this ? Absolutely none has guaranteed returns of capital on trading online.The fact is the trades can be easily manipulated from a MT4 platform manager ( or another platform ) giving you the illusion that you are making profits. But those “money” are just numbers on a screen, while your real money is gone in their bank accounts . And after you see these fake “profits” in your account they will push you to deposit more so you can earn more money. Also they can manipulate the prices and use artificial prices to ensure that your trades start making profits or start losing. The stop loss they claim to place if you are going underbalance is another scam, because as you can understand the accounts opened with them are totally fake. Once you deposit with them , they will do whatever is up to them to take as much money as they can out of you. Protect yourself and stay away from this website.
Reach us at [email protected] and we will illustrate you how the trades are manipulated from MT4 manager with videos and facts.

Common scam methods

If you have reached your deposit limit or you have smelled something bad, normally you would request your money back. They will not return your money back, this was not their intention since before they reached you. Even more they will try to get the last money out of you. The most common scam method is so called margin loan aka credit or bonus. If you have credit on your account they will say you will need to pay back the credit before you can withdraw. Scam number two is that you need to pay taxes or the agent’s commission before you can withdraw, you need to pay some kind of insurance of trading fee. We highly recommend you to NOT pay a fee to withdraw your money, is a SCAM! We know you want your money back , but this will only make things worse.

Can u get your money back?

Usually the forex scammers are well organized as this is relatively not a new niche. Nowadays they require people to make deposits through bitcoin, which is an untraceable currency and the payments are irreversible. So if you paid them with bitcoin or through a bitcoin exchange, your money is most likely gone. We know this might be hard for you to digest but that is the ugly truth. If you paid them through a wire transfer, there might be one or two loopholes, but that depends from case to case. The only thing you can do something about it is if you have deposited through a credit card. In this case you will need to contact the bank or the credit card company to ask for a chargeback.

Is there something you can do?

The best chance you have is to trace the money carefully to see where they went and report your case to the police. Gather all the information and write it down: names brokers , numbers , addresses , all the information you shared with them ( bank details , pins etc ) , how you’ve paid and whatever you know about the company . Sooner or later one of these scammers will get it. We need as much as possible reports to the police and hopefully they will pass the case to interpol, europol or even to the FBI. Also make sure to report them to a regulating agency of trading online in your country. You have to harm them in every possible way.

Hiring chargeback companies

If you lost money with gkfx prime you are probably feeling very frustrated. The most important thing is not to feel ashamed because everyone becomes a scam victim at least once on their life. Second thing is not to make any rushed decision after that, take some days to calm down before proceeding further.
A chargeback company can be your ally in your case, because they have a lot of experience and can present your case to the bank in a professional way. If you are planning on hiring a chargeback company, we recommend you to hire the most trustworthy company. Be aware because there are a lot of fake companies out there who would simply take your money and do nothing about it.
If you would like our assistance, feel free to reach us at [email protected] .

Save others

We are here to save people from thousand of scammers operating online , but also need your help. If you are one of the unfortunate victims of gkfx prime , leave a gkfx prime review below in the comment section describing the experience. If there was any name broker or any other company you were victim of it make sure to mention it . It is your turn to help others!

Gkfx prime review conclusion

Talking on the phone with the employees of gkfx prime , we knew that they had made up names. This was the first sign of scam. These scammers will give out false physical addresses , telephone numbers , contact details , and after their objectives are accomplished they will change them over time. If you have deposited money please beware of the scam methods outlined above. We repeat to follow every way to report them to the right authorities with the right proofs. This company is not authorised by any financial authority , so we strongly recommend to stay away from this website. Hope our gkfx prime review was helpful to you and don’t forget to leave a gkfx prime review below.
If need help from us or if you don’t know where and how to start about getting your money back reach us at [email protected]

Forex brokers lab

BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Regulators : FCA

Cryptocurrencies: YES

Minimum deposit: $20

Maximum leverage: 1:30

Spreads: low

My score: 5.8

Hi everybody, valentin is here with GKFX review. GKFX is a global online trading provider established in 2010, offering its clients a wide range of trading products.

GKFX is a registered trademark of GKFX financial services limited. GKFX financial services ltd is located in bevis marks house, 24 bevis marks, london, EC3A 7JB

The broker has also offices in frankfurt, madrid, and dubai. GKFX is represented all over the world. I would also like to mention that GKFX is proud to be a global market maker and official sponsor of italian football club AC milan.

Let’s take a look at what questions I answered in this review: is GKFX scam or not? What are the account types offered by the broker? What are the trading conditions such as spreads, minimum deposit, and leverage? Is GKFX regulated?

Regulation of GKFX

GKFX enables you to make your investments safely. GKFX guarantees your security under legal terms. The broker is duly regulated by one of the major regulators.

GKFX is authorized and regulated by the financial conduct authority (FCA) with FCA register number 501320 and the company number 6837942. You can check the license in the picture below.

Therefore the broker is required to adhere to the regulator’s rules and obligations. The FCA performs frequent checks to ensure businesses are fully compliant.

To get this license from the FCA, UK-based brokerages must hold a minimum of €730 000 net tangible assets to prove their financial stability.

Under FCA client money rules, GKFX is required to segregate all its retail clients’ funds from its own funds. All the client funds are held in separate bank accounts with the world’s top tier one banks including barclays and BNP.

Moreover, in the unlikely case GKFX cannot uphold its financial obligations, you as a retail client can submit a claim to the financial services compensation scheme (FSCS) which was set up under the financial services & markets act 2000.

Besides, this compensation scheme allows all retail clients to claim up to £50,000 should GKFX have any financial difficulties and is not able to repay what it owes to clients.

Also, GKFX is registered with a number of EU regulators, including bafin, CNB, národná banka slovenska, and CNMV.

Account types and spreads

GKFX offers a wide range of account types, all of which have been designed to allow its clients to trade according to their individual needs.

There are four account types offered by GKFX. These are spread betting fixed, fixed, variable, and corporate account.

Spread betting fixed account is commission free and spreads are fixed from 0.6 pips. The minimum deposit with a credit or debit card is 20 EUR/GBP/USD. The maximum leverage is up to 1:30.

The fixed account is also a commission-free account type and spreads are fixed from 0.6 pips. The minimum deposit amount is the same. Account base currencies are EUR, USD, GBP. The max. Leverage is 1:30.

The variable account is another commission-free account. Spreads are from 1.0 pips but variable. The maximum leverage is 1:30. The minimum trade size is 0.01 (number of standard lots per one single trade).

The last one is corporate account. Spreads are from 0.3 pips and variable. The leverage is 1:30. Minimum trade size is 0.01.

If I summarize, there are trading accounts with both fixed and floating spreads in the broker’s trading accounts. Spreads are competitive. But there should be more information about the minimum deposit.

Trading platforms

GKFX offers the most popular trading platform metatrader 4. There is also sirix webtrader. Also, multi-terminal option is available for traders working with multiple accounts simultaneously.

MT4 is fast and reliable, it has comprehensive charting capabilities and sophisticated technical analysis capabilities. The platform offers its users multilingual trading experience.

In addition, traders can use MT4 on desktop, smartphones and web browsers. The platform has automated trade options with expert advisor strategies (EA) and extensive back-testing environment. Because of all these features, this platform is globally popular.

Trading instruments

GKFX provides trading with cryptocurrency, FX, equities, indices, commodities, and cfds. There are over 50 FX pairs, commodity trading services including oil, gold and silver.

GKFX offers bitcoin, ethereum, litecoin, dash and ripple quoted against the US dollar. I can say that the broker is successful in product variety.

Payment methods

If you are a client of GKFX, you can make deposits to your account via bank wire and debit/credit card (visa, maestro, solo and mastercard) and skrill, sofort, and neteller.

The quickest and easiest way to deposit funds with GKFX is to use a credit/debit card or E-wallet card. Payments that are successfully authorized will be credited to your account instantly.

What I like most about the broker is that it doesn’t take any commission when you want to withdraw money. So, there is no transfer cost and it won my heart. The accepted currencies are USD, EUR, and GBP.

Conclusion

GKFX is a duly regulated global forex broker. The broker is regulated by FCA (one of the most regarded brokers around the world).

Trading conditions are well. The minimum deposit is low but the leverage is also low this is a disadvantage for this broker.

Nonetheless, if you didn’t like this broker, you can check my top forex brokers list and find a better forex broker.

GKFX review 2020 – is GKFX scam or good?

Hi everyone, valentin will be here now using the GKFX review. GKFX is just an international online trading provider based this season, offering its customers a vast assortment of trading solutions.

GKFX is a registered trademark of GKFX financial services limited. GKFX financial services ltd is situated in bevis marks house, 24 bevis marks, london, EC3A 7JB

The broker has also offices in frankfurt, madrid, along with dubai. GKFX is reflected all around the entire world. I might also want to say that GKFX is pleased for an international marketplace manufacturer and official host of italian soccer team AC milan.

Let’s look at what questions I replied in this review: is GKFX scam or not? What are the accounts types supplied by this broker? What are the trading requirements such as spreads, minimum deposit leverage? Can it be GKFX regulated?

Regulation of GKFX

GKFX allows you to create your investments securely. GKFX guarantees that your security under legal stipulations. The broker is regulated by a few of the significant regulators.

GKFX is licensed and governed by the financial conduct authority (FCA) using FCA register number 501320 and the organization number 6837942. It’s possible to assess the permit while in the picture underneath.

Therefore that the broker must stick to this regulator’s rules and duties. The FCA implements periodic evaluations to ensure organizations are wholly compliant.

To obtain this permit by the FCA, UK-based brokerages must hold no less than 730 000 net tangible shares to show their financial equilibrium.

Under FCA client money rules, GKFX is needed to segregate all of its retail customers ‘ funds from its own funds. All the client funds are held in separate bank accounts with the world’s top tier one banks including barclays and BNP.

Besides, this compensation scheme allows all retail clients to claim up to 50,000 should GKFX have any financial difficulties and is not able to repay what it owes to clients.

Also, GKFX is registered with a number of EU regulators, including bafin, CNB, nrodn banka slovenska, and CNMV.

Account types and spreads

GKFX offers a wide range of account types, all of which have been designed to allow its clients to trade according to their individual needs.

There are four account types offered by GKFX. These are spread betting fixed, fixed, variable, and corporate account.

Spread betting fixed account is commission-free and spreads are fixed from 0.6 pips. The minimum deposit with a credit or debit card is 20 EUR/GBP/USD. The maximum leverage is up to 1:30.

The fixed account is also a commission-free account type and spreads are fixed from 0.6 pips. The minimum deposit amount is equal. Account base currencies are EUR, USD, GBP. The max. Leverage is 1:30.

The last one is the corporate account. Spreads are from 0.3 pips and variable. The leverage is 1:30. The minimum trade size is 0.01.

Trading platforms

GKFX offers the most popular trading platform metatrader 4. There is also a sirix webtrader. Also, a multi-terminal option is available for traders working with multiple accounts simultaneously.

MT4 is fast and reliable, it has comprehensive charting capabilities and sophisticated technical analysis capabilities. The platform offers its users a multilingual trading experience.

Trading instruments

GKFX provides trading with cryptocurrency, FX, equities, indices, commodities, and cfds. There are over 50 FX pairs, commodity trading services including oil, gold and silver.

GKFX offers bitcoin, ethereum, litecoin, dash and ripple quoted against the US dollar. I can say that the broker is successful in product variety.

Payment methods

If you are a client of GKFX, you can make deposits to your account via bank wire and debit/credit card (visa, maestro, solo and mastercard) and skrill, sofort, and neteller.

The quickest and easiest way to deposit funds with GKFX is to use a credit/debit card or E-wallet card. Payments that are profitably authorized will be credited to your account instantly.

What I like most about the broker is that it doesn’t require any commission once you desire to draw money. Therefore, there’s not any transfer cost plus it also won my heart. The currencies that are accepted are USD, EUR, and GBP.

Conclusion

GKFX is a professionally regulated international forex broker. The broker is governed by FCA (perhaps one of their very regarded brokers on the planet ).

Trading requirements also. The deposit is low however, the leverage is too low that this really is a disadvantage with this particular broker.

Nonetheless, in the event you didn’t like this broker, you can check my top forex brokers list and find a better forex broker.

GKFX review – is GKFX scam or legit broker?

Rating

GKFX is actually a top trading currency brokerage located in the united kingdom. GKFX supplies a large selection of financial tools along with multiple trading strategies. For example an FCA-regulated broker, GKFX is totally compliant with safety and security measures, also keeps a segregated account for customers. GKFX serves customers around the earth, with headquarters in london, UK, and offices in bratislava, warsaw, prague, frankfurt, dubai, paris, madrid and many others. As an award-winning forex broker, GKFX has obtained the esteemed ADVFN international finance awards as a winner of their best forex platform at 2017. In 2016, GKFX was granted best forex customer service at the UK forex awards. GKFX could be your state host of italian football giant AC milan.
Review/desktop

GKFX is owned and operated by GKFX financial services limited, also located in london, england. This FX trading broker is completely licensed and regulated by the FCA (financial conduct authority) using registration number 501320. The business provides traders an extraordinary array of financial tools and multiple investment types. Security is paramount, and also the maximum encryption protocols have been set up to make certain client accounts are liberated of third-party interception. GKFX is a socially responsible firm with assorted CSR (corporate social authority ) initiatives.

Currency traders have use of a demonstration account trading platform and also live accounts in GKFX. This forex brokerage currently employs 400 people at offices around the globe, for example FX trading professionals, fund consultants and support team. It’s a powerful worldwide presence, plus it’s been operating as a major FX broker after all 2010. Now, GKFX offers traders 600 fiscal tools including indices, commodities, stocks, cfds and money pairs. Even the client-focused approach at GKFX is one of the hallmarks of the brokerage.

Account types

GKFX offers traders multiple account types, for example a demonstration account and also an account. With all the accounts, traders have multiple options such as the subsequent:

Spread betting fixed – spreads out less than 0.4 pips using a minimal bunch of 0.1 P and also a $0 accounts deposit minimal

Fixed account – spreads out less than 1.5 pips using a minimal quantity of 0.01 and a $0 minimum account residue

Variable accounts – spreads out of as little as 1.2 pips using minimum bunch of 0.1 and a minimum account deposit of $0.

VIP accounts – spreads out of as few as 0.6 pips using a minimum lot size of just one and also a $25,000 minimum account deposit.

Corporate accounts – that the spreads are low as 0.6 pips using a minimal size of 0.01 without a minimum opening deposit.

For FX traders, you can find 105 FX services and products on the spread gambling fixed accounts, 50 FX services and products on the predetermined accounts, 50 FX services and products on the varying accounts, 50 FX goods on the VIP accounts, also 50 FX services and products on the organization accounts.

Trading platform/ applications

As far as the trading platforms proceed, FX traders may benefit from metatrader 4 (MT4), MT4 web (for mobile trading), webtrader (automated trading platform for both mobile customers ) and multiterminal for numerous account. Even the MT4 trading platform is currently considered best in class, also will be offering customers flexibility, financial information and technical analysis and analytical capabilities, a broad selection of client products and services and direction of all available places.

Deposit options

A vast assortment of deposit techniques is open to FX traders, for example bank transport (GBP/EUR/USD) using a minimum transfer amount of $50 no max. You can find no transport expenses and deal times occupy to five business days. Different options include credit card processing, bank card along with E-wallets. On the options, there’s a minimum deposit of 20 and a max of 5000 and deal times are now instantaneous. No fees are enforced against GKFX’s view. Accepted credit cards and bank cards comprise royal, maestro, mastercard, visa, visa delta, visa banking cards, and visa.

Markets

A vast assortment of stores is found for traders, for example indices, money pairs, stocks, spread betting and commodities. FX traders have use of multiple money pairs across all significant trading stores in new york, london, tokyo and sydney. Probably the most traded currency pairs incorporate the GBP/USD, USD/JPY, and also the EUR/USD. Spread gambling stores comprise DAX 30, XAU/USD, UK100, GBP/USD, and also the EUR/USD. Equities consist of big shares on US, european as well as different bourses like google, johnson & johnson, pfizer, microsoft, british petroleum and many others. Goods such as WTI crude oil, brent crude oil, silver and gold are also offered.

Bonuses

No advice online or promotional supplies was available during that time of writing.

Support

Customers might obtain in contact professional customer care agents at GKFX via livechat, email or telephone. The headquarters of GKFX is currently in london UK. Customer service is accomplished by email or telephone 24 hours every day by 10 PM on sunday through 10 PM on friday. The UK cell phone number is 44 (0) 207-186-1212. Support information is designed for obligations questions, media questions and accounts-related questions.

Safety

GKFX is fully licensed and managed to provide realmoney trading from the money stores. The FCA registration number is 683-7942, and all client funds have been kept in segregated accounts. GKFX has won several awards from major monetary companies with regard to best forex customer service, best forex mobile/tablet trading application, best forex broker, forex broker of the year etc.

Benefits of use

It is relatively simple to obtain in contact with support for any technical, banking, enrollment or account info. Navigation medially stores and over platforms is actually a piece of cake. Traders will soon be asked to enroll at GKFX to gain access to the demonstration trading platform and also the live accounts, and most of the attendant capabilities.

Last thoughts

GKFX produces a purpose to be a secure and responsible trading brokerage. It’s completely licensed and regulated by the FCA, and compliant with regulatory standards. Low spreads and high-risk enable traders to profit from the countless chances in the trading currency stadium. In addition, a demo account and also a live accounts is obtained, which makes it simpler to clinic trading on the web.

So, let's see, what we have: in this GKFX review, we are going to take a look at the offer that this broker prepared for its traders. GKFX is regulated by the FCA in the UK. GKFX operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5. The GKFX minimum deposit is 1 at gkfx scam