GKFX Review

Introduction

GKFX was formerly referred to as Smart Live Financial Services Ltd. It was established in 2009 as the ultimate online trading platform. To this end, it offers a variety of trading services and spread betting services for commodities, CFDs and spot Forex.

Regulated by the Financial Conduct Authority in the UK (FCA) and BaFin in Germany, this company has some of the best services around. Even though GKFX is relatively young in the brokerage market, they have still managed to compete with some of the leading names in this online trading industry.

Additionally, GKFX recently made great milestones when it started making the popular and advantage MT4 (MetaTrader) platform available for traders looking to spread bet. This is in light of the fact that most brokers today only offer this platform for CFDs and spot forex trading.

Tradable Assets

Customers on the GKFX brokerage get opportunities to trade in a variety of markets. They also get to trade in metals, oil, gold, indices, stocks, commodities and CFDs. To learn more about the trading figures for each of these assets, please visit the official GKFX website.

Regulation

At the moment, this brokerage company is fully registered and regulated by the FCA (Financial Conduct Authority) in the United Kingdom. It is registered in Wales as a limited company. Additionally, they are regulated in Australia by the ASIC, in Japan, in Germany by BaFin, and in Hong Kong. Therefore, you can be sure that GKFX segregates client funds 100 percent.

Trading Platform

GKFX relies on the powerful and stable MT4 stage which is cherished by numerous brokers everywhere throughout the world. Inside of the MetaTrader stage you have officially numerous markers and oscillators accessible and there is an expansive group where you can download much more. The following huge favorable position of the MT4 stage is the likelihood of running Expert Advisors, a significant number of which are downloadable with the expectation of complimentary in the metaquotes discussion or in the event that you can simply program your own particular EA. By that, MT4 is consummately extensible: GKFX offer their customers the MyFX add on free of charge! With the MyFX reassure, actualized in your MetaTrader 4 stage you can execute;

Onclick-Trading: Click and go!

Oneclick Break Even: One Click and your exchange is riskless

Risklimit: Risk per Trade in $ and per penny

S/L and T/P in pips

OCO and numerous more capacities!

In the event that you don’t yet understand the MyFX Platform, consider observing the official website for their introductory feature.

Pros of GKFX

  1. GKFX has micro lots.
  2. It provides a wide variety of CFDs.
  3. It is regulated by the FCA and BaFin.
  4. The minimum deposit is set at 100 €.
  5. It has MT4 add ons and boosters.
  6. The company provides webinars and live support.
  7. It uses the reliable webtrader platform.

Cons of GKFX

  1. GKFX lacks the USD index.
  2. It does not support bonds trading.

Opening a Trading Account at GKFX

Again for the advantage of their dealers, GKFX have given 5 distinct sorts of exchanging records to suit their brokers’ exchanging needs. The sorts of exchanging records gave include:

  1. Micro Account:

There are no minimum deposit requirements for this account. It comes with fixed spreads, no limit maximum open lots, and a minimum trade lot size of 0.01 (FX).

  1. Fixed (Standard Account):

There are no minimum deposit requirements for this account. It comes with fixed spreads, no limit maximum open lots, and a minimum trade lot size of 0.1 (FX).

  1. Variable Account:

There are no minimum deposit requirements for this account. It comes with variable spreads, no limit maximum open lots, and a minimum trade lot size of 0.1 (FX).

  1. Swap Free Standard Account:

There are no minimum deposit requirements for this account. It comes with fixed spreads, no limit maximum open lots, and a minimum trade lot size of 0.1 (FX).

  1. VIP Account:

The minimum deposit requirement for this account is set at $25000. It comes with variable spreads, no limit maximum open lots, and a minimum trade lot size of 1 (FX).

On the off chance that you are interested about the standard of GKFX administrations, you can likewise sign for a demo account with them. The demo record permits you to have admittance to the exchanging stages and exchange the business sectors basically without misery from any fiscal dangers.

Bonus and Promotions

GKFX runs a number of bonuses and promotions. These include the referral program where traders get bonuses of up to £250 for every friend they bring into this platform. Additionally, they have a “First Deposit of 40%” as a welcome offer. Last but not least, GKFX runs a cash back offer of up to £300 within the first month after you open your account. Here, they refund (all or part of) your net loses – capped at £300. This is, however, only available to new clients.

Payment Methods

GKFX accepts deposits and withdrawals through a variety of payment options. These include debit and credit cards, mobile network operators, Neteller, QIWI, RBK Money, Skrill, WebMoney, and wire transfer.

Customer Support

Access to the GKFX website is available in more than 30 languages. In terms of customer support, the team is available 24/5 over the phone, via live chat, and through email.

Final Verdict

In conclusion, the company was established to provide transparent, competitive and high quality services through state of the art and innovative technology. This is why they are able to provide their customers with the best opportunities for trading more than 1000 different products – including Indices, Equities, Commodities, CFDs, and FX.

 
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Steve Gardner

I am living in London. I am an e-entrepreneur. I have been working in the financial trading industry as a professional since 2003. I am a fan of Chelsea team. I am married. I like cycling.
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