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Our full GKFX Review is coming soon.
GKFX is a trademark and trading name of AKFX Financial Services Limited, which is based in Malta and is a fully licensed Category II Investment Services Company, authorised and regulated by the Malta Financial Services Authority (MFSA). Founded in 2013, the firm offers a wide range of tradable instruments, a choice of account types, tight spreads, and the well-respected MT4 platform. There are no commissions on most account types, and you can trade from 0.01 lots, with leverage of up to 400:1 available on some products.
GKFX offers competitive spreads, from 0.6 pips on some instruments. Spreads are dynamic and vary according to market conditions, so always check current spreads for the instruments you are trading. GKFX offer a zero-commission model on their Standard and Corporate accounts, taking their profits purely from the spreads. There is a commission charge, which depends on the instruments you are trading, with the Premium account model, but this account type offers raw spreads, and commissions can be as low as 6 Euros per lot. Swap positions will incur a financing fee. The minimum deposit for a standard account is just 100 Euros.
The broker offers the ever-popular, and highly versatile MetaTrader platforms, with access to both MT4 and MT5, available for all major operating systems and devices. As MetaTrader enthusiasts know, these platforms are award-winning, and highly intuitive, incorporating a range of charting tools and technical indicators, and integrating well with third-party apps and add-ons. The company also offers a WebTrader option, allowing access to the MT4 and MT5 platforms without having to download and install them on your devices, if this suits your needs better. It should be noted that the platform provided is the basic version. More advanced traders may feel the need to customise it and add extra trading tools.
Customer support is available 24 hours a day, 5 days a week, from 10 pm Sunday to 10 pm Friday. As is the case with most brokers, GKFX seem to be aiming to offer support when the major trading markets are open, across the globe. Support is available by phone or email, or by completing a form on the website. There is a live chat option which can be accessed from the footer of the website, but during our tests, it frequently stated that online support was currently unavailable. Responses to email support requests are fairly prompt and helpful. There does not seem to be any form of support at weekends, even for crypto customers, bearing in mind that crypto markets remain open 24/7.
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