GKFX Review – Is it a Scam or Legit Broker (2024) | (2024)

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 CFDsYou 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:[emailprotected], 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: GKFX Review – Is it a Scam or Legit Broker (2024) | (1)
MetaTrader4:GKFX Review – Is it a Scam or Legit Broker (2024) | (2)
Other trading platforms:MetaTrader 5
Social trading:GKFX Review – Is it a Scam or Legit Broker (2024) | (3)

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/GBPEUR/USDUSD/CHFEUR/JPYGBP/USDUSD/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?

GKFX allows funding your account via Bank transfer, VISA, MasterCard, Bitcoin, Qiwi, Skrill, WebMoney.

Broker Regulated by Regulatory agencies ensure that brokers operate in a transparent and honest way. They protect the best interests of clients and also feature an investor compensation scheme which protects trader´s deposits up to a certain limit. Some of the major regulators in the industry include the CySEC in Cyprus, the FCA in the UK and the ASIC in Australia. Min. deposit Trading platforms A trading platform is a computer or mobile software program used to execute transactions within the financial markets. Spreads Spreads of the following companies can be as low as Special features A list of features that provide a given broker with a competitive edge. Ad Disclosure The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
GKFX Review – Is it a Scam or Legit Broker (2024) | (4) CySEC FCAFSCA $ 10 MT4 & MT5 0.3 PIPs ¹
  • Competitive spreads
  • International support
Start tradingRead a review
GKFX Review – Is it a Scam or Legit Broker (2024) | (5) CySECASIC£/€/$ 100 MT4 & MT5 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review
GKFX Review – Is it a Scam or Legit Broker (2024) | (6) FCACySECASIC£/€/$ 0 MT4, MT5 & TradingView 1.0 PIPs¹
  • Competitive spreads
  • Great customer support
Start tradingRead a review

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 CFDsYou 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 08.09.2024 at 11:42 GMT.

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

" } },{ "@type": "Question", "name": "📵 What deposit and withdrawal methods GKFX supports?", "acceptedAnswer": { "@type": "Answer", "text": "GKFX allows funding your account via Bank transfer, VISA, MasterCard, Bitcoin, Qiwi, Skrill, WebMoney." } },{ "@type": "Question", "name": null, "acceptedAnswer": { "@type": "Answer", "text": "" } }]}

GKFX Review – Is it a Scam or Legit Broker (2024) | (2024)
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