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 2008. When it comes to trading platforms, the broker features MetaTrader 5 and MetaTrader 4. 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: Might be a CFD. | Forex (50), cryptocurrencies (5) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | MetaTrader 5 |
| Social trading: |  |
GKFX Fees (minimal spreads)
We have scanned fees (minimal spreads) that GKFX charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| 1,4* | 0,6* | * | * | * | 0,8* |
*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?
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 29.09.2024 at 11:42 GMT.
I requested a withdrawal from gkfx weeks ago, money has now been shown in my account Howe er after 10 days the funds have still not cleared. I am worried that gkfx is yet another scam,
Mutual, we agreed a withdrawal from my gkfx account, BEFORE, , I paid taxes,exchange costs, for almost 50% of the amount on my GKFX account, I trusted gkfx as a certified broker registered in Malta, untill now I recieved not any € , Processing dept asks always for more euro’s in order to comply EU regulations, when not paid in time, a latenes penalty must paid on top , Now I wait what will happen
Gkfx is a scam will take you for every penny you have
scam artists i lost £200 they don’t return emails or calls all they wanted was me to invest £10,000
i used the website built up £2,000 asked for a withdraw got nothing
BEWARE THEY WANT YOUR MONEY
TOTAL SCAM – very convincing guy “Damon” teaches you how the system works, coaches you through it, very positive. Invested £250, showed how the withdrawal works with a nominal amount to show you how “smooth” it is. The long con… 4 months into it, I have STUPIDLY handed over far too much money and now the goalposts have moved. I can’t withdraw without giving them more money for “transcational fees” which are a % of your funds. I told him I just wanted my original stake back, not the full amount. Apparently you can’t do that, all or nothing…. basically a large % to get more money out of you. I am not handing over another penny. I have lost a ridiculous amount of money along with the humiliation for being so gullible. I’m gutted. Now I can’t even log into the site. DO NOT GIVE THEM A SINGLE PENNY.