GKFX.com Review (Update: Not an Active Broker)
■ Foundation: GKFX (GKFX Financial Services Limited) was founded in 2010
■ Headquarters: GKFX is based in London, UK
■ US Residents: GKFX forbids US traders –NO
■ Swap-Free Accounts: YES
■ Regulated: GKFX is regulated by FCA UK since 2010 (Reference number: 501320) → The FCA UK license
■ Website Languages: English, Russian, Arabic, Chinese, Czech, French, German, Indonesian, and Slovenian
■ Customer Support: 24/5 via Phone, Callback, and eMail
GKFX TRADING INFO SUMMARY
■ Broker Type: ECN/STP Execution / Spread Betting (UK traders)
■ Trading: Forex, Equities, Commodities
■ Platforms: MT4, MT4 Multiterminal, GKFX WebTrader, Mobile Apps
■ Trading Time Zone: EET
■ Demo Account: YES (Practice account with 100K USD virtual funds)
■ Spread on EUR/USD: minimum 0.6 pip-1.2 pip (including commissions)
■ Leverage: Leverage 30:1
■ Scalping: is allowed by GKFX –YES-
■ Minimum Account: $1 for STP/ECN Account / $25,000 for the VIP Account (check below)
💱 GKFX TRADING ASSETS
GKFX offers the following assets:
■ 32 Forex Pairs
AUD/CAD | AUD/CHF AUD/JPY | AUD/USD | CAD/JPY | CHF/CAD | CHF/JPY | EUR/CAD | EUR/CHF | EUR/DKK | EUR/GBP | EUR/JPY | EUR/TRY | EUR/USD | GBP/CAD | GBP/CHF | GBP/EUR | GBP/JPY | GBP/USD | HKD/SGD | NOK/SEK | NZD/CAD | NZD/JPY | NZD/USD | SGD/JPY | USD/CAD | USD/CHF | USD/DKK | USD/HKD | USD/JPY | USD/SGD | USD/TRY
■ Indices
■ Equities
■ Commodities
GKFX TRADING SPREADS
These are the spreads and trading commissions charged by GKFX on ECN Standard Fixed Accounts
■ GKFX offers a Typical EURUSD spread of 1.5 pip*, commissions included
■ GKFX offers a Typical USDJPY spread of 1.7 pips, commissions included
■ GKFX offers a Typical GBPUSD spread of 2.0 pips, commissions included
(*) Note that VIP accounts offer tighter spreads starting as low as 0.6 pip
GKFX TRADING PLATFORMS & MOBILE
GKFX provide MT4, MT4 Multiterminal, GKFX WebTrader, and Mobile Apps
■ GKFX MT4
□ Traders who deposit $2,000 or more receive a free upgrade to MT4 Boost. That means more than 10 new expansions, including Correlation Matrix and Sentiment Trader
□ MT4 Multiterminal for PAMM/MAM accounts (Manage 100 MT4 accounts and more)
□ Autochartist software for chart pattern recognition
■ GKFX WebTrader
□ HTML 5 technology
□ Advanced Charting
□ Trading Central Analysis
■ GKFX Mobile Traders
□ MT4 app with advanced Order Types
□ Available for iOS and Android
GKFX NEW ACCOUNT INFORMATION
GKFX Minimum Account: The minimum required deposit amount to open an account with GKFX is just 1 USD
| GKFX Account Type | FIXED SPREAD | VARIABLE SPREAD | VIP / CORPORATE |
| Minimum Deposit | 1 USD | 1 USD | 25,000 USD |
| Account Currencies | EUR | USD | RUB | ||
| Minimum Trade Size | 0.01 Lot | 0.1 Lot | 1 Lot |
| Spreads (min) | 1.5 | 1.2 | 0.6 |
GKFX Deposit / Withdrawal Methods:
■ Bank Wire |Skrill | iDeal | SoFort | MasterCard | Visa | JCB | Discover | Laser | Carte Bleue | Dankort
■ $100 Minimum withdrawal amount for bank transfers, no limits for cards & e-wallets
GKFX Welcome Bonus Policy:
■ GKFX offer a Welcome Bonus of up to 40% and up to 8,000 GBP
■ The minimum deposit required to qualify for the welcome bonus is 1,000 GBP
■ Traders must contact GKFX customer support within two days of the deposit to receive their bonus
GKFX CORPORATE INFORMATION
GKFX is a trading name of GKFX Financial Services Limited
The broker is based in London but also maintains offices in Beijing, Bratislava, Brno, Cairo, Dubai, Frankfurt, Johannesburg, Madrid, Milan, Prague, Shanghai, and Warsaw.
■ Postal Address: Bevis Marks, House 24 Bevis Marks, London, EC3A 7JB, United Kingdom
■ GKFX Phone: +44 2071861212
■ Regulation
□ FCA (UK), 501320 | □ BaFin (Germany), 130602 | □ ASIC (Australia), 421210 | □ CONSOB (Italy), 2915 | □ DMCC (Dubai), 32142 | □ Finansinspektionen (Sweden), 556873-1326 | □ SFC (Hong Kong), AZJ874
⚖️ GKFX REVIEW PROS AND CONS (According to competition)
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GKFX REVIEW PROS & CONS |
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GKFX Review PROS (√) |
GKFX Review CONS (X) |
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√ London-based broker, regulated by the FCA UK √ Covered client funds up to 50,000 GBP per individual trading account √ Traders who deposit $2,000 or more receive the MT4 Boost (including 10 MT4 expansions) √ Autochartist software and trade signals from TradingCentral √ MAM Accounts through the MT4 multiterminal (up to 100 accounts) √ Scalping, Automated Trading, and FIX/API Trading √ Learning Section, including 300 educational videos √ 40% welcome bonus (up to 8,000 GBP) √ A wide variety of fund methods and $1 minimum account requirement |
X $25,000 minimum deposit for the VIP Account X $1,000 minimum deposit to qualify for the welcome bonus |
🏁 GKFX Review Conclusions (Update: Not an Active Broker)
Founded in 2010, GKFX is a London-based Forex broker regulated by the UK’s Financial Conduct Authority (FCA Registration Number: 501320). The broker is also registered with BaFIN in Germany and several other regulatory bodies. Trader funds are protected, including compensation of up to £50,000 in case of insolvency (via the FCA). In addition to its London headquarters, GKFX operates 11 offices in 8 countries, with a team of 400 employees.
The main account type is the Standard Account, requiring a minimum deposit of just $1. Traders can choose between fixed or variable spreads. EURUSD spreads start from 1.2 pips on the Variable Account and 1.5 pips on the Fixed Account. For deposits of $25,000 or more, VIP/Corporate accounts are available, offering spreads as low as 0.6 pip. A free demo account is also offered.
Funding methods include all major credit cards (MasterCard, Visa, JCB, Discover, Laser, Carte Bleue, and Dankort), as well as Skrill, iDEAL, and Sofort. Withdrawals through electronic wallets are processed within 24 hours.
GKFX supports MT4, WebTrader, and MT4 Multi-Terminal platforms. Deposits of at least $2,000 unlock the MT4 Boost pack with 10 advanced tools, including the Correlation Matrix and Sentiment Trader. The broker also provides AutoChartist, FIX/API access, and signals from TradingCentral. Both scalping and automated trading are allowed.
GKFX offers a 40% deposit bonus, up to £8,000. A minimum deposit of £1,000 is required to qualify, and traders must contact customer support within two days of depositing to receive the bonus.
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