GKFX Financial Services Ltd (the GKFX trademark) has been providing trading services since 2009. It is an regulated company FCA online trading company Forex, which offers advanced online brokerage platforms and trading services in the Forex, CFD and commodities for investors in Russia, Europe and other countries.
For ten years of work, the broker has gained a reputation as a reliable and open company, with transparent trading conditions, good conditions and high-level execution. The advantages that draw attention to yourself include:
– Modern ECN technology developed by AMTS Solutions.
Small spreads, a good solvency pool and high-level execution.
There is no minimum deposit.
The ability to customize your trading strategy individually.
Managed PAMM accounts.
A quality analyst.
Good partner programs.
Broker’s regulation
GKFX is headquartered in London, UK. In the financial services market, the company is regulated by fca (UK, individuals. No.501320). In Russia, the broker works on behalf of the legal entity GKFX Internet Yatirimlari Limited Sirketi (No795134). In connection with the promotion of its services in a number of countries, GKFX has the licenses of regulators of these states in such financial oversight bodies: Japan (JFCA), United Arab Emirates (DMCC No.32142), Germany (BAFIN No130602), France and the Netherlands (AMF), Italy ( CONSOB No2915), Spain (CNMV No71), Sweden (Finansinspektionen No.556873-1326), Czech Republic (CNB No256/2004) and Slovakia (N’rodn’ Banka Slovenska).
Trading conditions
The GKFX broker gives traders the option to select multiple accounts.
All accounts have the smallest pitch of 0.01 lot, narrow spreads and leverage from 1:25 to 1:500. There is no minimum deposit on STP and ECN accounts, but no PRO. ECN is from 10 thousand. USD (10,000 EUR/ 600,000 RUR). The commission is absent only on the first account, on ECN it is $25 for 1 million USD, and on the PRO account. ECN – $10 Less. Slippage that occur when the price moves when trying to close the trade are only available on a standard account.
To open any of the accounts can be used financing in dollars, euros or rubles, each of them has the opportunity for scalping and using advisers. And for training and analysis of trading capabilities, the broker offers traders a demo account.
Trading instruments presented on the broker’s platform include: 40 currency pairs, 7 types of metals, 2 types of oil, gas and 11 CFD indices.
The company’s website presents daily technical analysis to the use of traders in the form of an economic calendar covering all news events and releases around the world. GKFX offers a detailed explanation of how to use the economic calendar to make the most of it.
For trading, the broker offers a convenient and popular platform MT4 for desktops, as well as technology that works on iPhone, iPad, Android.
Trading Central is an effective multilingual add-on for MetaTrader 4 that helps traders make better trading decisions. It displays the most traded financial instruments directly on MT4 Live charts with their analysis, strategies, forecasts, comments, and key areas such as support, resistance, reversal, etc. d.
The GKFX broker provides GKFX Autochartist Market Report, a market report for real-life account holders, to get a brief overview of the state of the markets before traders start trading. Autochartist saves traders’ time by constantly scanning financial markets and automatically alerting traders about real trading opportunities based on graphical shapes, horizontal support and resistance levels and Fibonacci figures. Reports are formed before markets open in 13 languages, allowing brokers to communicate effectively with clients around the world.
EA Builder is also available to allow traders to design, create and use their own advisors with a friendly interface. EA Builder is an advanced graphics environment in which, with just a few clicks, traders can create complex Forex trading strategies and turn them into full-featured advisors. No knowledge of coding, programming, or M’L is required.
Deposits to trading accounts can be made through bank transfers, credit cards and e-walletBitcoin, WebMoney, zIWI Wallet, Neteller, CONTACT and Skrill. Withdrawals are made directly to bank accounts and credit cards of traders, where the money came from.
The broker GKFX offers a wide range of educational tools on its website. Text tutorials on Forex trading and CFDs help novice traders a lot by covering all the basics of Forex trading. The videos cover a variety of topics, such as pending orders, instant orders, MT4 review, and more.
Traders can contact a representative of the brokerage company by phone, email, and is also provided with round-the-clock online chat support.
As a conclusion of our review of broker GKFX it should be noted that this is one of the few brokers that has made the MetaTrader 4 platform available for spread bets, and their list of trading instruments such as Alarm Manager and Trade Terminal, unique and useful.