GKFX Prime Review

Author By Jeffrey Cammack Author Information Updated: October 27, 2020
Overall Rating
3.53 3.53 / 5
Rated #41 of 49 Recommended Brokers
Min. Deposit
USD 5
Max. Leverage
1000:1
Min. Spread
0.0 pips
Regulators
Regulator Origin
Trading Desk Type
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

GKFX Prime was founded by GKG, a Malta-based Fintech company, in 2012 and has expanded rapidly across the globe, winning awards for its service across Asia and Africa. With, no required minimum deposit, a good range of account types – including fixed spread, variable spread and commission-based ECN – and a decent education section, GXFX Prime are a good choice for new traders.

A number of useful tools are also available, including AutoChartist and Trading Central – alongside ZuluTrade and Autotrade for those who prefer social trading – though support is only offered for MT4.

Reviews

Regulation
111104/ 5
Trading Conditions
111003/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
111003/ 5
Assets Available
11110.54.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Bonuses
55% Trading Bonus

Trading Conditions

Min. Deposit
USD 5
Base Currencies
Fx Pairs
53
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap Free Accounts
Yes

Average Spreads

Euro/USD
GBP/USD
0.4
USD/JPY
0.3

Company Details

Company Name
GKFX Financial Services Ltd
Founded
2009
Type
Regulators
Office Locations
China,Malaysia,Indonesia,Thailand,Vietnam,United Arab Emirates
Display Name
Min Deposit
Max Leverage
Min Spread
Commission
Brokers
ECN Zero Account
USD 5
1000:1
0.0
$10.00
Account Details
Standard Fixed
USD 5
1000:1
1.8
None
Account Details
Standard Variable
USD 5
1000:1
1.3
None
Account Details
VIP Variable
USD 5000
400:1
0.6
None
Account Details
AlertMost retail CFD accounts lose money. Your capital is at risk.
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.53/ 5
USD 5
Market Maker
Commodities, Cryptocurrencies, Forex, Equities
53
5
  • Innovative trading tools
  • Wide range of assets
  • Low minimum deposit
  • Expensive withdrawals
  • Limited education
111104/ 5
111003/ 5
11110.54.5/ 5
100001/ 5
111003/ 5
11110.54.5/ 5
111104/ 5
80.95% of retail investor accounts lose money when trading CFDs with this provider
1000:1
0.0 pips
Yes
Yes
ECN Zero Account, Standard Fixed, Standard Variable, VIP Variable
Yes
MT4, Sirix
Bank Transfer, Mastercard, Maestro, Neteller
Fees Included in Spread
1110.503.33/ 5
USD 200
Market Maker
Commodities, Cryptocurrencies, Forex, Equities
47
16
  • Well regulated
  • Good for beginners
  • Innovative trading tools
  • Limited education
  • Wide spreads
11110.54.5/ 5
110.5002.5/ 5
111104/ 5
110002/ 5
10.50001.5/ 5
111104/ 5
111104/ 5
62% of retail investor accounts lose money when trading CFDs with this provider
400:1
1.0 pips
Yes
Yes
Professional, Standard
Yes
etoro
Mastercard, Neteller, Skrill, Paypal
Fees Included in Spread
1110.503.24/ 5
USD 500
Market Maker
Commodities, Forex, Equities, ETFs
48
0
  • Good range of accounts
  • Wide range of assets
  • Wide spreads
  • Limited education
  • Limited market analysis
  • High minimum deposit
1110.503.5/ 5
110002/ 5
111104/ 5
11110.54.5/ 5
10.50001.5/ 5
11110.54.5/ 5
111003/ 5
67.95% of retail investor accounts lose money when trading CFDs with this provider
400:1
1.8 pips
Yes
Yes
Gold, Islamic, Mini, Platinum
Yes
MT4, Sirix
Mastercard, Maestro, Skrill, Neteller
Fees Included in Spread
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

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