Gkfx bonus

All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors and you can lose more than your initial deposit.

My list of forex bonuses

Please ensure that you fully understand the risks involved and seek independent advice if necessary. For further information, please see our full risk disclosure, terms of business, and privacy policy. The best way to keep track of your accounts. Get notifications
and access your dashboard any time!

PROMOTIONS & SPECIAL OFFERS

GKFX prime offers generous bonuses for all deposits; new and existing clients alike! We know that the
forex markets are extremely competitive, and we want our clients to go further and conquer the
markets with us. Enjoy the edge you deserve! Stay tuned for surprises, special deals and contests!

Available for all new clients!

Earn cash bonus up to $5,500!

Retail, affiliate & IB clients are eligible!

Bonus valid for two months!

Available for all new clients!

Earn cash bonus up to $5,500!

Retail clients & affiliates are eligible!

Bonus valid for two months!

UNLIMITED ACCESS!

The best way to keep track of your accounts. Get notifications
and access your dashboard any time!

Open a live or demo account, make secure deposits or get latest
market updates for free!

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Bonus

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How to verify account

How to install MT4/MT5

RISK DISCLOSURE

All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors and you can lose more than your initial deposit. Please ensure that you fully understand the risks involved and seek independent advice if necessary. For further information, please see our full risk disclosure, terms of business, and privacy policy.

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START TRADING IN 4 STEPS

Sign up

Fill out the form with
personal information

Verify

Upload official copies
of your identity documents

Deposit

Fund your account
with fast methods

Set up

Download & set up
your platform

WHO ARE WE?

AKFX financial services ltd. Was established in 2013 and acquired by global kapital group in 2018. The group has been in the forex and CFD brokerage business since 2010 with extensive experience in the industry.

The group’s strength stems from our top-notch services, innovative approach and top customer service.

AKFX financial services ltd. Provides both retail and professional clients with cutting-edge services that deliver effective multi-asset FX/CFD trading under the trademark of GKFX.

OUR PROVEN TRACK RECORD

Local support
in 5 languages

Executions under
0.1 seconds

INVESTOR COMPENSATION SCHEME

GKFX (AKFX financial services ltd is part of a client protection program named investor compensation scheme. They are safeguard mechanisms against financial failure or insolvency cases.

It was established based on the EU directive 97/9 on investor compensation schemes. It functions as a rescue fund of failed investment firms for retail investors as well as smaller businesses, charities and trusts.

The compensation covers the lesser of ninety percent (90%) of all claims by the investor or up to €20,000. All payments are in the same currency as the investment. Investor may only submit one claim regarding all investments in aggregate with the license holder.

Best forex signals

GKFX clients enjoy
access to trading
central and autochartist

Best tools

Enhance your trading
experience with economic calendar
and VPS services.

Partnership

Turn your professional
network into a stream
of extra revenue

OPENING ACCOUNTS - F.A.Q.

How to open an account

Opening a trading account with GKFX is easy and completely free!
1. Start by filling the quick registration form here.
2. Finalize your application on your secure client area.
3. Choose the trading conditions that fits you best by selecting an account type.
4. Verify your account or skip that step till withdrawal.
5. Login to your trading platform and deposit.
6. You are all set!

Is GKFX regulated?

Yes. We are licensed by malta financial services authority (MFSA) and regulated by mifid. Formed in 2002, MFSA examines and supervises the financial activities of fintech companies, in order to provide a safe and transparent environment for clients and the market. You can see a copy of GKFX’s license on MFSA website, following the link here under company ID C60473.

What is CFD trading?

It stands for ‘contract for difference’. The ‘contract’ here is between the investor (you) and the broker (us). The ‘difference’ part refers to the changing price of a trading instrument. Without owning any asset, you can speculate on the price change in any market. If the price of the instrument (such as an FX pair) changes according to your prediction, you profit. Otherwise you lose.

What is forex trading?

Forex is the currency exchange market. Forex trading means trading cfds for a currency pair such as euro and U.S. Dollar - EURUSD for short. The prices are quoted against one currency to another. Traders invest and open a position in the market, speculating on how this price will change over time. If the price of EURUSD changes according to your prediction, you profit. Likewise, if your prediction is wrong, you may lose your investment. Please refer to our risk disclosure document.

Markets

Forex

Indices

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Stocks

Crypto

Market analysis

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What are ESMA & mifid II?

RISK DISCLOSURE

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. See our full risk disclosure and terms of business for further details.

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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. See our full risk disclosure and terms of business for further details.

SORRY

Due to your local regulator, we are unable to offer you our services.

Belgian residents

Your account classification will be based upon the information you have supplied in this application.

To be categorized as a ‘per se professional’ or an ‘elective professional’, you will be required to meet the below criteria:

Per se professional: either a regulated investment firm, an intuitional investor whose main activity is investing/speculating in financial products or a corporate who satisfies two of the following: balance sheet greater than €20m, turnover greater than €40m or company funds greater than €2m.

Elective professional:someone who satisfies two of the following: has traded at least 10 times in relevant financial markets per quarter over the previous year, has a portfolio and cash investments totaling more than €500,000 and has worked in the financial sector for at least a year and gained knowledge in the financial products to be traded.

KHUYẾN MÃI & ƯU ĐÃI ĐẶC BIỆT

GKFX prime cung cấp thưởng lớn cho tất cả khoản nạp; khách hàng mới cũng như hiện tại! Chúng tôi biết rằng thị trường
forex cực kỳ cạnh tranh, và chúng tôi muốn khách hàng của mình tiến xa hơn và chinh phục
các thị trường với chúng tôi. Tận hưởng lợi thế mà bạn xứng đáng nhận được! Hãy theo dõi những bất ngờ, ưu đãi và cuộc thi đặc biệt!

Dành cho tất cả khách hàng trực tiếp mới

Khoản hỗ trợ tối đa $11000

Hỗ trợ lên đến 100% khoản vốn đầu tiên

Mở tài khoản thật tại gkfxprime với vài bước đơn giản!

Dành cho tất cả khách hàng trực tiếp mới

Nhận ưu đãi lên đến 25% khoản vốn nạp

Khoản hỗ trợ tối đa $10000

Mở tài khoản thật tại gkfxprime với vài bước đơn giản.

Dành cho tất cả khách hàng trực tiếp mới

Nhận $30 mà không cần nạp tiền

Có thể rút tất cả lợi nhuận từ $30

Mở tài khoản thật tại gkfxprime với vài bước đơn giản!

UNLIMITED ACCESS!

The best way to keep track of your accounts. Get notifications
and access your dashboard any time!

Open a live or demo account, make secure deposits or get latest
market updates for free!

Về chúng tôi

Khuyến mãi

Cơ hội việc làm

Giải thưởng

Tin tức công ty

Thông tin khác

Tài liệu pháp lý

Điều khoản kinh doanh

Cảnh báo rủi ro

Chính sách quyền riêng tư

Bảo hiểm

Điều khoản & chính sách

Hỗ trợ

Liên hệ

Câu hỏi thường gặp

Từ điển

Liên kết nhanh

Bắt đầu giao dịch ngay

Cách mở tài khoản

Cách nạp tiền

Cách rút tiền

Cách xác minh tài khoản

Cách cài đặt MT 4 / MT 5

CẢNH BÁO RỦI RO

Tất cả các sản phẩm tài chính được giao dịch trên ký quỹ đều tiềm ẩn một mức độ rủi ro cao đối với vốn của bạn. Các sản phẩm này không phù hợp với tất cả các nhà đầu tư và bạn có thể thua lỗ nhiều hơn số tiền nạp ban đầu của mình. Vui lòng đảm bảo rằng bạn hiểu đầy đủ các rủi ro liên quan và tìm kiếm lời khuyên độc lập nếu cần. Để biết thêm thông tin, vui lòng xem toàn bộ cảnh báo rủi ro, điều khoản kinh doanh và chính sách quyền riêng tư của chúng tôi.

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TRADE FOREX & cfds WITH TOP CONDITIONS

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in 12 languages

Executions under
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Don’t miss the opportunities! Check our promotions regularly for the latest campaigns!

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Become more than a trader! Discover our partnership options & increase your profit!

Shoot FOR excellence!

We are the proud & official partner of premiere league legends, arsenal FC!

SOMETHING FOR EVERYONE

STARTER

Free demo account

Free education material

Intuitive trading platform

Optional social & copy trading

OPEN DEMO ACCOUNT

TRADER

Tight spreads & low rates

Zero commission accounts

Fast and accurate execution

Hassle-free withdrawal process

OPEN TRADING ACCOUNT

FOLLOW THE PRO

Copy proven strategies

Profit together with the pro

No trade experience needed

Full control over your investment

DISCOVER COPYTRADING

ACCOUNT TYPES

Not every trader thrives with the same trading conditions.
We designed four accounts based on the most preferred styles globally.

Standard FIXED

Standard VARIABLE

Vip VARIABLE

Ecn ZERO

ONE ACCOUNT, ALL MARKETS

Start trading more than 400 products with competitive prices,
fast execution and excellent customer service.

Forex

Low spreads,
instant execution

Stocks

Popular shares from
world markets

Indices

Top markets,
accurate pricing

Commodities

Assets to diversify
your portfolio

MARKET ANALYSIS

Market analysis: january 26

Trading EUR/USD on the di .

Silver jumps in attempted short squeeze

The price of silver jumped nearly 5% in the beginning of what could be a larger .

Short squeeze spills over to indices

US and european indices ended lower with rising uncertainty over the vaccine rol .

UNLIMITED ACCESS!

The best way to keep track of your accounts. Get notifications
and access your dashboard any time!

Open a live or demo account, make secure deposits or get latest
market updates for free!

More about us

Bonus

Careers

Awards

Company news

Social feed

Legal documents

Terms of business

Risk disclosure

Insurance

Cookie policy

Support

Glossary

Quick links

Start trading now

How to open an account

How to deposit

How to withdraw

How to verify account

How to install MT4/MT5

RISK DISCLOSURE

PROMOTIONS & SPECIAL OFFERS

GKFX offers generous bonuses for all deposits; new and existing clients alike! We know that the
forex markets are extremely competitive, and we want our clients to go further and conquer the
markets with us. Enjoy the edge you deserve! Stay tuned for surprises, special deals and contests!

TOP FEATURES OF METATRADER

Core functions

Instant or pending orders,
stop loss & take profit

Technical analysis

Free charts and indicators
to analyze the market

Automated trading

Algorithmic trading options
for busy traders of today

Cross-platform

Access via desktop or mobile
devices anytime, anywhere

Forex and CFD traders all around the world choose metatrader as their trading software because of its top
functions: accessing forex market, trading forex signals or using trade algorithms!

Download the platform to your mobile device and always keep an eye on your positions on the go!
Controlling multiple accounts? Then try our multi-terminal version!

COMPARE METATRADER 4 VS METATRADER 5

FEATURES	METATRADER 4 MT4	METATRADER 5 MT5
free demo
pending orders	4	6
technical indicators	30	38
economic calendar
fixed spreads
no commissions
web trader
mobile support
chat & email other traders
free trading account
LEARN MORE	LEARN MORE

Markets

Forex

Indices

Commodities

Stocks

Crypto

Market analysis

Daily article

Week ahead videos

Topics

Support

Glossary

More about us

Careers

Awards

Announcements

Quick links

Start trading now

How to open an account

How to deposit

How to withdraw

How to verify account

How to install MT4/MT5

What are ESMA & mifid II?

RISK DISCLOSURE

GKFX prime – $55 no deposit bonus

GKFX prime

Promotion name: no-deposit bonus

How to get:
1. Open a new account.
2. Request the bonus.

Withdrawal requirements:
profits can be withdrawn after 5.5 FX lots has been closed. Indices, commodities, cryptocurrencies, cfds will not be taken into consideration. Maximum profit available for withdrawal is $550. Bonus will be cancelled upon first withdrawal.

More information:
no deposit bonus can only be applied to all new direct clients.

Information about the broker:
GKFX prime investment group limited is a company registered and located in the british virgin islands.

Promotion valid: the promotion is over.

Do you recommend this bonus?

What’s new?

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Hotforex – 100% supercharged bonus

Seven capitals – real $100 account

37 COMMENTS

GKFX prime is no more giving no deposit $55 bonus as there chat support

This is stupid broker scammmmmmmm

They said it’s not available in RSA. Mxms

55 ? Are your company bankrupt ? Can’t give ppl things that u promise ?

This is a fake promo and waste of time stupid promotion stop fake promo
all promotors are only wasting others time

But it was posted in 2018. I thing the promotion eded long time ago…

No deposit bonus is available only for clients residing in the countries where GKFX prime has an office and is actively performing marketing activities, that’s why we can’t offer this bonus promotion to clients from SOUTH AFRICA

Eu recebi o bônus de boas vindas de 55$ e estou negociando

E aí amigo, continua a operar com essa corretora. Já fez saque?

December 2018 after verification you said the bonus has ended. You offered me a deposit bonus. Why do you still put it here. You not trustworthy, you just tricking people to register. You just wasting people’s time. You amongst to a scam.

Just remove your add @ gkfxprime. Why say its a non deposit account with $55 bonus if it ain’t so. Just stop irritating us. Why can’t you be transparent like XM global?

I didnt receive the bonus

Is this no deposit bonus still available

Hello can’t accept my email address ..Why

What do mean about that this bonus is working only where GKFX prime runs marketing how would we know where you run market and where you not pls dnt west time of ppl every one is had a busy life and write your website the country name where you runs your marketing

Go to the website, click promotion & choose $55 no-deposit bonus by clicking the link.

There is some issue with their terms. Due to this, it would appear that the bonus is a marketing trick. The broker, GKFX prime should take a look on this seriously if they really mean a legit business.

Hey guys, don’t be too difficult with gkxprime. They are just offering a “privilige”, not a benefit. It is not an entitlement but a perks. If there is any reason they have not to credit the bonus, you should all be reading their terms before applying or registering in the FIRST PLACE.

Dear traders,
as we mentioned in our reply messages, this bonus was only applicable for the countries where GKFX prime runs marketing activities. One way or another the bonus is published in some websites apperantly, on the otherside bonus is not announced by GKFX prime globally.
Sincerely,
GKFX prime support

True nothing happens after opening the account nothing at all the balance remains on 0

Wow…komentar nya bagus. Saya sudah dapat bonus $55 sesuai promosi nya.Sebaiknya baca dulu term n conditionnya sebelum komentar ya. Saya sudah buktikan saya dapat bonusnya. Tapi masih proses trading, belum bisa komentar soal proses WD nya…..Sabar.

Trust me this is scam scam scam scam

Wow … the comments. I can’t even say anything. There are some people who can withdraw bonuses and some are not. Is it really that feasible to join GKFX bonus? I am curious. From the broker itself, there must be a complete transparent about the withdrawal bonus terms. For trader themselves, they should at least read and not to be lazy to ask about bonus rules.

Fake bonus … I register, verify the account and … NOTHING. In terms and conditions don`t mention nothing about countries restrictions.

This bonus program is intended for the clients residing in the countries where GKFX prime has an office and is actively performing marketing activities. Alternatively, you can fund your account and get 55% initial deposit bonus.

Thanks for your interest in gkfxprime!”

GKFX review and tutorial 2021

GKFX is an MT4 trading broker offering a suite of financial instruments & tools.

Trade on global currencies with 1:30 leverage.

Trade five leading cryptocurrencies against the US dollar.

GKFX is an ECN broker offering forex and CFD trading services. The broker has a large presence in europe and multiple countries around the world. This review looks at their metatrader 4 trading platform, account options, spreads, and more. Find out if you should start trading online with GKFX.

GKFX company details

Established in 2013, GKFX is based in malta, operating under AKFX financial services ltd. AKFX is a category II investment services company and is regulated by the malta financial services authority (MFSA).

AKFX is part of the global kapital group (GKG), a multi-national company operating in 28 offices across 18 countries. Also within the GKG group is GKFX prime and GKFX financial services asia limited, which have multiple offices across the middle east, as well as in china, vietnam, thailand, malaysia, cambodia, and indonesia. GKFX prime is regulated in the british virgin islands (BVI).

GK pro, a london-based subsidiary specialising in spread betting, also forms part of the company’s portfolio.

GKFX has grown rapidly with its number of employees worldwide now exceeding 1,000. The new CEO recently signed a deal that saw arsenal football club become its official partner. In the past the owner has also teamed up with AC milan.

Trading platforms

Metatrader 4

GKFX offers metatrader 4 (MT4), a favourite among traders for its advanced features and accessibility. Once you have your login credentials, you can trade FX, metals, shares, indices, energies, and futures. Other key features include:

3 different chart types, 9 timeframes

50+ pre-installed technical indicators

Access to expert advisors (eas)

Fully customisable interface

Available in 30 languages

Back-testing available

Micro-lots available

One-click trading

No partial fills

Webtrader

The MT4 platform is also available as a web-based online terminal, allowing live account holders to trade from any supported browser with no additional software or download required. The platform is regularly updated so users have access to the same features as the desktop platform.

GKFX webtrader platform

To access the platform, users will need to login to MYGKFX, which is accessible from the top of the website page. Webtrader is accessible on windows, mac and other devices.

Markets

GKFX offers a diverse range of tradeable instruments:

Cryptocurrency – trade five popular cryptocurrencies against the US dollar, including bitcoin, ethereum & litecoin

Forex – trade over 50 global currency pairs including the EUR/USD, GBP/USD, and USD/JPY

Equities – trade on over 100 CFD stocks and shares including apple, walt disney, and bank of america

Indices – trade on major indices in spot and futures markets, including the FTSE 100, CAC 40, germany’s DAX 30, & the dow jones

Commodities – trade on hard and soft commodities including gold, oil, and natural gas

Spreads & fees

Spreads start at around 0.6 pips for EUR/USD, 0.7 for GBP/USD, and 1.4 for EUR/GBP. Target spreads for major indices such as the FTSE 100 are around 1 and go as low as 0.4 points for the SP500. Spot gold spreads are 0.3 pips and 0.026 for silver. Crude oil spreads start from 0.03 pips. For cryptocurrencies, target spreads for ripple vs USD start from 0.1. These spreads are competitive and easily comparable to the likes of admiral markets, IG, and etoro.

Other fees to be aware of include swap rates on overnight positions as well as an inactivity fee charged on dormant accounts. Details can be found in the broker’s terms and conditions.

Leverage

GKFX offers leverage from 1:2 for cryptocurrencies, up to 1:30 for FX, and up to 1:20 on major indices and commodities. Spot equities are offered up to 1:5.

The broker provides margin requirements on their market information sheet (MIS). Cryptocurrencies require a 50% margin, whilst forex margins are set between 3.33% up to 8%, depending on the currency pair. Major indices require a 5% margin, as does gold. Equities are set at 20%.

A margin calculator is also available on the broker’s website.

Mobile apps

The metatrader 4 platform is also available in a mobile app version, where users have access to all the standard features. With over 30 pre-installed technical indicators, rapid trade execution, and a user-friendly mobile interface, clients can trade with ease from their smart device.

GKFX mobile trading

The MT4 mobile app is compatible with android and ios devices and can be downloaded from the respective app store or play store.

Payment methods

Deposits

Clients can fund their accounts using:

Bank wire transfer – swift transfer cost. 2-5 days

Debit/credit cards – 2.5% fee. Instant

Neteller – 1% fee. Instant

Skrill – 1% fee. Instant

Bitcoin – 1.5% fee. Up to one hour

Webmoney – 3%. Instant

QIWI wallet – 5%. Instant

Russian post – free. Up to 72 hours

Withdrawals

Clients can withdraw profits using:

Bank wire transfer – 0.5% fee (minimum $30). Up to 10 days

Debit/credit cards – 2.5% + $7.5. Up to 6 days

Neteller – 1.5% fee. Up to one day

Skrill – 1% fee. Up to one day

Bitcoin – 1.5% fee. Up to one day

Webmoney – 1.5%. Up to one day

QIWI wallet – 1.5%. Instant. Up to one day

Demo account

GKFX offers a free demo account where users can practice trading on MT4 with zero risks. Once you have your login details, you can trade in USD, GBP, or EUR, and access virtual funds up to 100,000.

Bonuses & promotions

At the time of writing, GKFX prime does not offer any no deposit welcome bonus deals or promotions. With that said, check the broker’s website before you register for an account in case of new rebate offers and free revenue credit.

Regulation & reputation

AKFX financial services ltd (GKFX) is a category II investment services company and is regulated by the malta financial services authority (MFSA). The broker is EU-regulated under mifid. The group is also fully compliant with ESMA regulations. As a result, the broker receives a high trust rating among customer reviews.

Note, GKFX is no longer regulated in the UK by the FCA.

Additional features

GKFX also offers some useful additional features, including a glossary of trading terms and economic indicators, video seminar courses, and webinars as part of the learning academy. Users can also access an economic calendar plus margin, profit, and currency calculators.

A technical market insight and news tool, trading central, as well as autochartist, are also available as downloadable plugins. A VPS (virtual private server) is also available for users, although this does come with a monthly fee.

Account types

GKFX offers three different account options: standard, premium, and corporate. Most traders will be drawn to the standard account given that the minimum deposit amount is €100. Users would need at least €20,000 to open a premium or corporate account.

Traders have access to the same instruments across all three accounts, as well as leverage up to 1:30, variable spreads from 0.6, and a maximum trade size of 100. There are no commissions with the standard account and commission is charged at €6 per lot with the premium account.

GKFX also offers islamic swap-free accounts.

Benefits

There are several reasons to register for a GKFX account:

Competitive trading conditions

Trading and education tools

Diverse product range

Regulated in EU

Drawbacks

Disadvantages of trading with GKFX vs the likes of XTB, for example, include:

No bonuses or promotions

Limited choice of trading platforms

Trading hours

Online forex trading sessions vary and some time zones will overlap, attracting the highest volume of traders. GKFX’s opening hours for forex, commodities, and indices run from sunday at 10:02 pm to friday at 09:58 pm UK time. For equities, the market opens on monday at 16:35 and closes on friday at 22:50.

GKFX forex trading hours

Details of specific markets trading hours can be found on the broker’s market information sheet (MIS).

Customer support

GKFX customer support is contactable via:

Online contact form

Email – support@gkfx.Eu

Telephone hotline – +356 2778 0848

Live chat – live chat logo located on the right-hand side of the page

Support is available 24 hours a day, from 10 pm sunday – 10 pm friday. The website is available in english, german, spanish, italian, and arabic.

Keep up to date with the latest news on GKFX’s social media pages:

Security

Metatrader 4 complies with industry-standard security requirements including 128-bit secure sockets layer (SSL) encryption as well as two-factor authentication upon login.

AKFX financial services ltd is part of the investor compensation scheme, a client protection program, designed to safeguard against financial failure or insolvency. As per mifid and MFSA regulations, the brokerage also segregates client funds in separate bank accounts.

GKFX verdict

GKFX is a global broker with clients in multiple jurisdictions. And with access to hundreds of instruments across five markets, as well as competitive fees and decent trading conditions, GKFX is a good choice for beginners and experts.

Accepted countries

GKFX accepts traders from australia, thailand, canada, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use GKFX from united states.

Is a deposit bonus offered at GKFX?

At the time of writing, GKFX does not offer any deposit bonuses or welcome promotions. See the broker’s website or social media pages for the latest promotional news.

What trading platforms are available at GKFX?

Clients can trade on the metatrader 4 mobile, web, or desktop platform. GKFX does not offer metatrader 5 (MT5) or a proprietary program.

How do I open an account with GKFX?

You can open a live or demo account from the broker’s website. For a live account, after registering your personal and login details, you will be asked to verify your identity.

What leverage is offered at GKFX?

Maximum leverage is offered at 1:30 depending on the asset traded. This cap is in line with ESMA regulations that limit the risk clients can take on.

Is GKFX regulated?

Yes, GKFX is regulated by the malta financial services authority (MFSA). The broker also complies with mifid.

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Low spreads for all instruments

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Spreads as low as 0.1

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We created two accounts based on the most popular trading styles worldwide.

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Start trading over 500 products with instant execution,
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Forex

Trade forex
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Stocks

Trade share cfds
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Indices

Trade index cfds
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Commodities

Trade commodity cfds
for a diverse portfolio

MARKET ANALYSIS

Weekly webinar: january 26

Trading EUR/USD on the di .

Silver jumps in attempted short squeeze

The price of silver jumped nearly 5% in the beginning of what could be a larger .

Short squeeze spills over to indices

US and european indices ended lower with rising uncertainty over the vaccine rol .

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RISK DISCLOSURE

Gkfx prime: young but reputable forex broker

The forex industry has witnessed the rise and fall of many broker companies who cannot keep their promise. Still, despite the many brokers who were suspended or banned from the market, there is also a group of forex brokers who have been operating for many years and are doing quite well. There are also many new forex broker who try to prove to have what it takes to survive in the market. New forex brokers fall into two categories. The first category refers to newly established brokers who are still struggling with mistrust of customers who prefer experienced brokers. The other group refers to novice brokers who simply take off as if they have been in business for years. GKFX prime is one of the new brokers and how it has been doing can be found in the following gkfx prime review where we describe the service package of this broker. Read our review and find out if gkfx prime deserves a chance.

Short history of gkfx prime

This FCA regulated broker was established in 2014, only two years ago. During its brief existence, the broker managed to establish a solid reputation and manages its business from the virgin islands. The virgin islands are one of the target forex destinations because of the many tax benefits and affordable labor force. The FCA (financial conduct authority of the UK) makes sure that this broker treats its clients appropriately with an emphasis on protection of their funds. Registering with the FCA was a smart move for the company because forex traders have always appreciated a strong ruling hand which gives them the security they need. Still, many traders do not trust offshore brokers even if the supervisory body is as good as the FCA. To be honest, it is a little bit difficult to control an entity that is so far away, and we do not know if different laws apply in britain and the virgin islands which could help offshore brokers get away with dirty tricks. On the plus side, gkfx prime is owned by global kapital group which already made a name in the industry. Global kapital group is, among others, registered with bafin (the german regulatory agency), and we all know that the perfect germans do not tolerate inaccuracies and slips.

The platform

The broker goes with the flow and offers the meta trader 4 trading platform in all its forms and versions. The MT4 is the platform of all platforms and is known for impeccable performance, advanced auto-trading tools, and clear interface. Traders cannot get bored with this platform which meets the needs of beginners and professionals. The MT4 was first available as a download version, but the meta Q house soon developed a web-based MT4 to the delight of many traders. Gkfx prime offers both versions, as well as the accompanying gkfx prime mobile app for all those who cannot keep their hands off trading.

Account types

This broker offers a range of tradable assets. However, the micro account does not allow access to all assets and traders are presented only with forex and commodities. The gkfx prime micro account is one of the two accounts offered by this broker. The minimum deposit with this broker starts only at $1 but to get access to more features it is recommended to deposit at least $5. As we said, some options will still be unavailable with the micro account, but therefore the gkfx prime standard account offers access to 300+ equities. Both accounts start from spreads with 1.5 pips and maximum leverage 1:400. Minimum trading lot for both accounts is 0.01, while the micro account has a limited maximum trading lot, and the standard has not. The broker also offers a multi account manager (MAM) account for financial advisor and investors who need a professional account to run their businesses and manage their clients’ funds.

Gkfx prime bonus

This broker does not offer any kinds of bonuses to their traders so you should not expect a gkfx prime bonus if you sign up with this broker. Many brokers have a no-bonus policy, and all of them should reconsider their decision and introduce at least some sort of promotion in order to attract clients. Nevertheless, this is still better than offering a bonus which turns out to be a scam.

Deposits and withdrawals with gkfx prime

As every modern broker, gkfx prime is also aware of the significance of variety when it comes to payment methods. Besides wire transfer, traders can pay and withdraw via credit cards and neteller. There is also the fast deposit and withdrawal option which accelerates the payment process. Nevertheless, the broker should add one or two more e-wallets to its list.

Customer support

The customer support is available or at least should be available 24/5, but many clients reported back that the customer support does not reply to e-mails or answer phone calls. This unfortunate behavior can seriously affect the broker’s reputation. In a fast market as forex, the customer support has to be top-notch, let alone available. There is no excuse for not replying to clients especially if it concerns withdrawals. We would kindly suggest the broker to pay attention to this matter and remodel its customer support policy.

So, let's see, what we have: PROMOTIONS & SPECIAL OFFERS GKFX prime offers generous bonuses for all deposits; new and existing clients alike! We know that the forex markets are extremely competitive, and we want our clients at gkfx bonus