GKFX review covers a global forex and CFD broker offering retail and professional trading services under multiple regulatory entities. Known for its user-friendly platforms, multilingual support, and wide range of tradable instruments, GKFX positions itself as an accessible and regulated broker across Europe, Asia, and the MENA region.

Regulation and Safety

GKFX operates under several entities. In Europe, it is regulated by the Malta Financial Services Authority (MFSA) under license number IS/79767. In the UK, operations were previously conducted under FCA regulation via AKFX Financial Services Ltd. Other branches operate under regulatory frameworks in MENA and Asia. MFSA regulation ensures client fund segregation, negative balance protection, and ICF coverage up to €20,000. Regular audits and compliance procedures are maintained to ensure financial transparency.

Execution Model and Trading Platforms

GKFX uses a market maker model for retail clients, with STP execution available for selected account types and professional users. The broker offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, mobile, and web. VPS services are available for algorithmic trading, though FIX API is not advertised. Execution is generally stable with moderate slippage during high volatility periods.

Markets and Instruments

GKFX offers access to over 300 trading instruments, including:

• Forex (50+ pairs including majors, minors, exotics)
• Indices (US, EU, Asia)
• Commodities (gold, silver, oil, natural gas)
• Shares (CFDs on global equities)
• Cryptocurrencies (BTC, ETH, XRP, LTC, and others)

Accounts, Spreads and Leverage

GKFX offers several account types: Standard, VIP, and Corporate. Spreads start from 1.5 pips on Standard accounts and from 0.6 pips on VIP accounts. Commissions are embedded in spreads for most accounts. Leverage is capped at 1:30 for retail clients under ESMA rules, and up to 1:100 or higher for professional and offshore clients. Minimum deposit varies by region but typically starts at $100. Stop-out levels are set at 50% for most accounts.

Funding and Base Currencies

Funding options include credit/debit cards, bank wire transfers, Skrill, Neteller, and local payment gateways in selected regions. Accepted base currencies are USD, EUR, and GBP. Deposits are generally processed within hours, and withdrawals within 1–3 business days. GKFX does not charge deposit fees, while withdrawal fees vary depending on method and region.

Client Protections and Features

GKFX provides negative balance protection, fund segregation, and investor compensation via the ICF in Europe. The broker implements 2FA security, biometric login (on mobile), and SSL-encrypted communication. Clients benefit from multilingual support, daily market updates, technical analysis reports, and access to Autochartist and Trading Central tools (where available).

Institutional and Retail Offering

GKFX primarily serves retail traders but offers institutional features such as MAM accounts, introducing broker programs, and liquidity partnerships. Professional clients can request higher leverage, tighter spreads, and dedicated account managers. Retail clients gain access to MT4/MT5 platforms, educational materials, and personal onboarding sessions.

Pros and Cons

Pros

• Regulated in Europe via MFSA
• MT4 and MT5 support with multilingual platforms
• Diverse range of instruments including crypto
• Negative balance protection and ICF coverage
• Educational resources and analysis tools

Cons

• Higher spreads on Standard accounts
• No FIX API for institutional users
• Limited account customisation

Frequently Asked Questions

Is GKFX regulated?

Yes, GKFX is regulated by the Malta Financial Services Authority (MFSA) under license number IS/79767 and operates under multiple entities globally.

What platforms does GKFX offer?

GKFX offers MetaTrader 4 and MetaTrader 5 on desktop, mobile, and web versions.

What is the minimum deposit at GKFX?

The minimum deposit varies by region but typically starts at $100 for Standard accounts.

Does GKFX support crypto trading?

Yes, GKFX offers CFDs on popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple.

Are client funds protected?

Yes, GKFX segregates client funds and provides negative balance protection. EU clients may be eligible for compensation up to €20,000 via the ICF.