GKFX - Reviews
4 stars based on
Naturally, any broker that is located in a tax haven will receive a mixed response gkfx forex review traders, especially due to gkfx forex review misconceptions associated with broker scams from relatively unknown jurisdictions. The British Virgin Islands is considered to be one of the top-most investment destinations in the world that are home to an excellent economy and a great financial regulatory status.
Although BVI may be lacking in certain details over other established financial capitals such as the US and the UK, the overall regulations and ease of doing business in the country have led to a massive influx of Forex brokers from different parts of the gkfx forex review. GKFX Prime is a relatively large financial broker that has more than employees located across the world. Having initially launched inthe broker quickly spread out its operations to different countries across Europe, Latin America, Africa, the Middle East, and Asia-Pacific.
GKFX Prime aims to be a leading Forex broker, and in its efforts to become the best financial company in the industry, GKFX Prime realizes that offering a high-quality FX brokerage service is paramount to succeeding in the highly competitive FX markets.
GKFX Prime accounts offer excellent features for smaller traders, especially traders that wish to test the markets with a small investment. There are primarily two different types of trading accounts, the Micro Fix and the Standard Fix, where the main difference lies in the lots available for trading. The Micro Fix gkfx forex review is a regular micro account that allows trading with micro lots with a maximum limit of 50 open positions, while the Standard Fix account offers standard lots with no maximum order limit.
The Micro Fix account is also limited in financial instruments, as gkfx forex review company only provides access to 50 FX currency pairs and five commodities. On the contrary, the Standard Fix account offers access to more than different financial instruments that include FX, commodities, shares, and indices.
There is yet another type of account known as the Standard Variable account, which provides more than different currency pairs, with all other trading conditions remaining relatively similar. GKFX Prime promises to offer fixed spreads on all trades, which is indeed a unique feature that was attempted only by a handful of brokers in the past.
Overall, market maker brokers do have a few disadvantages when it comes gkfx forex review trade execution and trading environment, especially when compares it to the benefits and advantages offered by a true ECN account. The broker has adopted the MT4 terminal for all accounts, which assumes the duty of connecting traders to the market on all devices.
MT4 has different versions available for gkfx forex review PC, mobile, tablet, and the browser, which allows traders to gkfx forex review the markets through any device of their choice. GKFX Prime mobile traders can use their existing account information to trade the markets on their mobile trading apps, which are offered by the MT4 on the official Android and iOS stores. The broker also supports the Multi Terminal and the Multi-Account Manager MAM terminals that allow traders gkfx forex review manage multiple trading accounts using a single trading platform.
Gkfx forex review trading and investment-oriented platforms are gaining immense popularity, which has prompted GKFX Prime to offer such a convenience to its traders. The broker offers an alternative trading platform in the form of the WebTrader for traders who are unable to access their accounts on dedicated devices, which works well for both desktop and mobile Forex trading. To make trading easy for their clients, GKFX Prime offers free access to several trading resources and educational materials; this is seen as an excellent initiative from the broker.
These tools alone are worth the effort of joining GKFX Prime in the first place, which should massively help traders in their research and analysis of the markets.
Clients are treated to an excellent customer support channel that promises to resolve all issues within 48 hours. For more persistent complaints, traders can access the customer support through the live chat function or by giving a direct call to the customer service department. However, the absence of GKFX Prime bonus does sound like a harsh reality, especially since a majority of traders expect brokers to offer some promotions to keep their clients satisfied.
The company should consider adding in a few promotions and bonuses if they plan on increasing their customer database. GKFX Prime should be sufficient for most traders, but institutional traders and traders with larger funds may find ECN brokers to be more suited gkfx forex review their trading requirements.
Ultimately, there are better options in the market that are regulated gkfx forex review tougher regulatory agencies, which offers excellent protection for customer funds. For better alternatives, choose from our recommended list of Forex brokers given below.