Is broker GKFX reviews a reliable broker or an inveterate scammer? Any cooperation with a broker should be mutually beneficial, therefore traders have the same requirements for GKFX . The company entered the markets in 2009 and since then has opened several offices in various countries around the world. London is the seat of the main company. The supervisory authority for it is the FCA regulator, UK.
In addition, other companies perform a similar function: JFCA (Japan), AMF (France and the Netherlands), BAFIN (Germany), CNB (Czech Republic), Finansinspektionen (Sweden), CONSOB (Italy), CNMV (Spain), DMCC (UAE) ), Národná Banka Slovenska (Slovak Republic).
Monitor information about GKFX
The intermediary offers the withdrawal of client transactions to global platforms through the ECN system. The honesty of GKFX is off the charts: the user is even asked to find out the differences between the real trading environment with a withdrawal to the interbank market – from a fictitious scheme, where only the execution of orders at the best prices is declared, but in fact, the broker acts as a dealing center, appropriating other people’s deposits.
The advantages of the GKFX broker are:
- No bans on any tactics and strategies. Scalping and trading robots are allowed.
- Conducting trading in a comfortable mode for traders. GKFX does not intentionally obstruct liquidity extraction activities from the market. Here you will not meet requirements for profit or time of trades. Limit orders can be placed even within the spread. Interaction with clients’ orders using an agency scheme relieves the company from trading risks, due to which its stability and reliability indicators are significantly increased.
- Demonstration of transparency through special services. For example, they are able to show clients their limit orders in the system. Working with other registered users is possible without a spread. The comment for each trade contains the amount of slippage on the open and close. In most cases, it is beneficial to clients.
- Depth of Market at GKFX on the official website not only demonstrates liquidity, but also provides access to a variety of functions. You can find out the values for the weighted average volume, try out one-click trading, or take advantage of other advantages.
Is GKFX terminal analytics the key to success?
To make the right decision to conclude a deal, you will need to assess the market situation using auxiliary tools, such as:
- Specification of contracts.
- Requirements for margin .
- Several varieties of traders’ calculators, where you can conveniently calculate the basic indicators required for trading. Traders in GKFX reviews often point to this positive moment.
- Quotes archive.
- Tick history.
Additionally, there is a calendar of economic events, a schedule of holidays, provided online quotes for the Forex market. Trading signals are a simplified way of making money, according to the reviews written about GKFX, when you are guided in trading by the experience of another person who knows more than you, and has already gained sufficient experience in the financial markets. If we consider variations aimed at simplifying the trading process, then a PAMM account is suitable, as a kind of trust management.
What other offers can you use?
For those wishing to gain independent work skills, popular questions with answers, a glossary and materials for beginners are offered. Remember that deposits and withdrawals at GKFX are made through identical channels. It is supposed to work with specific banking organizations.
There is no minimum deposit, but you should understand that free trades are carried out only on demo account , but it is not meant to be earned. On all other accounts, you need to deposit a certain amount of money in order to carry out trading operations. You must have at least $ 2-4 on your account, you can’t get less.
Lot size starts from 0.01, spreads – from zero, leverage – up to 1: 500. Commission may apply. The trading platform is the fourth version of Meta Trader. Currency pairs, spot metals, oil and index CFDs are offered. The stop out is triggered at 60%. The swap is a market one.
