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Broker GKFX review
Broker GKFX is a large company that has opened official offices and has regulatory licenses in 15 countries around the world. Operating since 2009. Registered in the UK as a trademark of AKFX FSL.
The official website of the GKFX broker shows a complete picture of the company and its functions. Users are provided with information important for their work:
- calendar of events;
- quotes with spreads for the past day;
- hot company news;
- GKFX TV;
- user forum, etc.
The company serves advanced traders from Europe and Asia. She has the most modern tools in her arsenal:
- Forex indices;
At the same time, social trading services for copying trades and PAMM services are not available to site users. The GKFX broker is aimed at cooperation with traders of all levels, but specialists with continuous trading turnover receive benefits.
Users are offered a Depth of Market with quotes from other traders. You can submit your orders to external markets using ECN technology developed by site specialists.
|Regulation and jurisdiction
In 15 countries, FCA
|Features of the company
There are signals for MT4. There is a price glass. Advisors help with every transaction. There is an automatic trading system. It is possible to use current scripts and 128-bit data encryption.
|Official website of the company
Телефон +7(495) 540-40-48
- Verified licenses from regulators from 10 countries
- There is a price glass
- Trading signals for MT4
- Stop out > 50%
- Lots of negative reviews
- Technical support doesn't work well
МТ4, MT5, WebTerminal, MobileTerminal
Demo, STP, ECN, PRO.ECN
EUR/USD, USD/JPY, USD/CHF, USD/RUB, EUR/RUB, USD/CAD, EUR/CHF, EUR/JPY, EUR/AUD, EUR/CAD, EUR/GBP, EUR/NZD, USD/SGD, USD/MXN, USD/NOK, USD/CLP, USD/TRY
WebMoney, Qiwi, Visa and Mastercard plastic cards, Skrill electronic wallet, Neteller electronic payment system, Wire Transfer bank transfers
Floating – from 1:500 to 1:25
from 0 points
Licenses FCA, AFM, DMCC
|Margin Call/Stop out
Stop out – 50%
LMAX, Currenex, Integral, FXCM
Market Execution, Instant Execution
Individual work of traders on the FOREX market using GKFX accounts
What do you risk by collaborating with the GKFX broker?
If you are just learning the basics of being a trader, then this platform is not for you. Despite the training and analytics provided, you will find it difficult to master this complex platform. There are at least three reasons to start working on other resources:
The GKFX broker’s personal account is loaded with innovative tools. A person without experience will not be able to master them on their own. Many beginners quickly give up and move on to other brokers, wasting time and money.
No bonuses or promotions. GKFX does not offer many bonuses and promotions to its clients, which can be a disadvantage for traders who are used to receiving additional incentives from their broker.
Limited customer support. Some traders may have difficulty contacting GKFX support. They claim that it is almost impossible to reach her. The quality of service also leaves room for improvement.
Unexpected spread widenings cause great difficulties. This greatly delays the withdrawal of funds. At the same time, the leverage reaches only 1:30, and the minimum lot is 1/100.
Broker GKFX does not support investments. It offers traders to work on the Forex market independently, but provides its own accounts, as well as trading tools, for this purpose.
Feedback on cooperation
All reviews about the GKFX broker were written by traders. who used the services of the site, but had a negative experience. Users say that the site sometimes fails at the most inopportune moment. At the same time, technical support turns out to be powerless even in critical situations.
Another trader writes that he often had difficulty logging into the personal account of the GKFX broker, since he often changes domains. In this case, part of the invested or earned funds is lost, but it is not possible to get the money back. The proceedings take a long time, but do not bring any results. This completely discourages the desire to cooperate with the company
To find out how to make money with a GKFX trader and not lose your money, take into account all the nuances of the work. It is important to pay attention even to small details that you cannot see at first glance. The trader wrote that the conditions promised on the broker’s website do not always coincide with reality. For example, the spread for some pairs reaches 2.5-3 points, instead of the promised 0. In addition, here you have to pay the commissions of payment systems yourself, even when replenishing your balance.
Terms of cooperation
Let’s start reviewing the GKFX broker for the purpose of cooperation. Users have three options for earning money on this site:
- Social trading. This is the best option for beginners. Users get access to information about successful trades and can use the same tools to get the first result.
- Affiliate program – you can become a representative of a broker and attract new users to the site. Affiliate reward for each transaction – 50%
- You can learn to conduct effective analytics and make money on accurate forecasts. For this purpose, the website has an economic calendar, expert articles are published, etc.
In order to start cooperation, you need to register on the site and open an account. Beginners are recommended to start with a demo account to understand the functionality and develop their own strategy.
Always be vigilant! Don’t be fooled. Study the reviews of traders and partners so as not to lose your money.
What licenses does the company have?
Since the beginning of its activities, the GKFX broker has opened offices in 15 countries and received official certification of several types. Among them are FCA, AFM, DMCC.
The site developers did not set up the deposit/withdrawal system well. Users are dissatisfied with the speed of order execution and the unexpected widening of spreads. Traders say that in many cases, the loss of funds outweighs the profits.
Cooperation with this broker will lead you to permanent loss of money, especially if you are a beginner. For experienced traders, no one guarantees a successful withdrawal of funds either.
Ready to start investing? Open an account with a proven broker with the best conditions and favorable bonuses
The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about GKFX are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.
To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.
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