GKFX is a trusted broker. Despite the fact that the reputation of this dealing center among traders is generally positive, and its position in the ratings remains quite high. Perhaps the first thing that attracts attention when familiar with this Forex brand is the impressive geographical reach.
GKFX offices can be found in London, Warsaw, Beijing, Amsterdam, Paris, Tokyo, Frankfurt, Madrid, Dubai, Athens, Bucharest, Johannesburg, Stockholm, Milan, Shanghai, Hong Kong, Mexico City, Lima, Santiago, Makati, Prague and Moscow. According to the website of the gkfx.ru, one of the main goals of the corporation is to achieve the status of the largest dealing network. Given that it was created only five years ago, the pace with which its founders and staff are working on the programme cannot but be impressive.
An important aspect of positioning was the emphasis on transparent cooperation with customers. The broker does not hide the glass of prices, and also bases its service on electronic Communication Network (GKFX ECN), the mechanism of which is described in detail on the gkfx.ru. In addition, the DC almost completely does not have restrictions on the strategies and ways of placing trade orders. For example, the trader has the right to place Limit inside the spread, and such a move will not affect the spread on the DC. Another interesting nuance is the indication of opening/closing slip-offs in the comments to transactions, which gives a visual representation of the service.
The company strives in every possible way to prove its honesty: the depth of the market, spread on all instruments in 24 hours, as well as a list of counterparties are published for general review. Positive reviews of GKFX are also due to the readiness of the DC to provide confirmation of the withdrawal of each transaction either to the counterparty or to another client (which excludes the spread). This position is a good example for any broker.
License and regulation
THE GKFX broker is based in London, where it is licensed by the Financial Services Authority. At the same time, in other regions its services are regulated by state and independent regulators:
- Australian Securities and Investments Commission (Australia);
- JFCA (Japan);
- Dubai Multi Commodities Centre (UAE);
- BaFin (Germany);
- AMF (France);
- AFM (Netherlands);
- CONSOB (Italy);
- CNMV (Spain);
- Finansinspektionen (Sweden);
- CNB (Czech Republic);
- Banka Slovenska (Slovakia).
The advantages of trading conditions offered in GKFX Forex traders include democratic spreads, no deposit threshold, support for micro-lots, and work with The MetaTrader 4 terminal. The main package of services is divided into three accounts (STP. MT4, ECN. MT4 and PRO. Ecn. MT4) and includes:
- 37 pairs and precious metals (spot);
- The volume of the trading order from 0.01 lots and up to 100 lots for currency pairs;
- Deposits in dollars, euros and rubles;
- Market spread from 0 p.;
- 1:100 (individual applications can be increased to 1:500);
- Support for scalping and automation
- no commission for STP. MT4, $25 for $1,000,000 for ECN. MT4 and $15 for $1,000,000 for PRO. Ecn. MT4;
- executionInstant Execution (STP. MT4) andMarket Execution (ECN. MT4 and PRO. Ecn. MT4);
- PAMM accounts for investors.