GKFX spreads start from 0.1 pips on EUR/USD and commissions of € 6 per lot is charged when using the Premium account and 0.6 pips when using the Standard account with zero commissions.
GKFX at a glance
| 🔍 Broker's Name | GKFX |
| 📍 Headquartered | London, UK |
| 📅 Year Founded | 2013 |
| ⚖️ Regulating Authorities | Malta Financial Services Agency (MFSA) |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Not indicated |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1: 30 |
| 💰 Minimum Deposit | €100/R1 900 |
| 💳 Deposit Options | Not indicated |
| 💳 Withdrawal Options | Not indicated |
| 💻 Platform Types | MetaTrader4 and MetaTrader WebTrader |
| 📈 Tradable assets offered | Over 600 assets including forex, CFDs, equities, indices, commodities and cryptocurrencies |
| 📱 OS Compatibility | Mac, Microsoft Windows, Android, iPhone, iPad, Web, Desktop |
| 👨💼 Languages supported on Website | English, Spanish, Italian, German, and Arabic |
| 👥 Customer Support Languages | English, Spanish, Italian, German, and Arabic |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | Click Here |
Min Deposit
€100
Regulators
MFSA
Trading Platform
MT4, MT5, WebTrader
Crypto
Yes
Total Pairs
47
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our GKFX Fees Spreads and Commission below.
GKFX Fees and spreads – 7 key points quick overview:
GKFX Fees and Spreads- GKFX Additional Trading Fees
- GKFX Broker Fees
- GKFX Pros and Cons
- Conclusion
- GKFX Customer Reviews
- Frequently Asked Questions
Here is our overview of the GKFX Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
GKFX Fees and Spreads
With GKFX spreads start from 0.1 pips on EUR/USD when using the Premium account and 0.6 pips when using the Standard account. GKFX provides a transparent and competitive spread list and fee schedule.
Traders can expect the following fees, spreads, and commissions when trading with GKFX:
On forex spreads start from 0.6 pips on EUR/USD on the Standard account with zero commissions.
When trading forex on the Premium account spreads start from 0.1 pip and commissions of € 6 per lot is charged.
On the website, traders can download market information sheets providing all the information that traders might need.
GKFX Additional Trading Fees
Overnight, or swap fees are usually charged when trading financial instruments such as forex, and positions are held for longer than a trading day.
However, GKFX does not clearly indicate on its website what the swap fees are if short or long positions are held overnight. For more information on the swaps that traders can expect, traders should contact customer support directly.
Islamic accounts can be opened on both live account types and provision will most definitely made for Muslim traders who follow the Sharia Law and prohibited from earning or paying interest when positions are held open for longer. GKFX does not offer spread betting and thus spread betting fees do not apply.
GKFX Broker Fees
GKFX does not charge deposit fees or withdrawal fees and will cover all bank processing charges. GKFX indicates that it does not charge any deposit fees, but it is not clear if there are withdrawal fees charged on the different payment methods.
In additions, traders should keep in mind that they verify whether any additional charges might be waived by their financial institution. Traders may also be subjected to currency conversion fees should they transfer fees in a currency which is different from their account base currency.
Min Deposit
€100
Regulators
MFSA
Trading Platform
MT4, MT5, WebTrader
Crypto
Yes
Total Pairs
47
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
GKFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions | Not clear if withdrawal fees are charged |
| Demo account offered | Spreads are not the tightest |
| Islamic Account/Swap-free provided for Muslim traders | |
| Low commissions charged when registered for a Premium account | |
| No deposit fees charged | |
| Transparent fee schedule | |
| Zero commissions charged on Forex trading |
Conclusion
GKFX spreads start from 0.1 pips on EUR/USD and commissions of € 6 per lot is charged when using the Premium account and 0.6 pips when using the Standard account with zero commissions.
GKFX Customer Reviews
Good experiences so far…
I’ve only had good experiences with GKFX so far. No problem with trading, values were correct and payouts were easy and quick.
Very good Broker
Very good Broker. Instant withdrawal. Very deep liquidity. highest partner commission
It’s perfect!
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Frequently Asked Questions
How many instruments can I trade with GKFX?
You can trade in over 500 financial instruments that include:
- Forex
- CFDs
- Equities
- Indices
- Commodities
- Cryptocurrencies
Which platforms are supported by GKFX?
MetaTrader 4, MetaTrader 5 and WebTrader.
Does GKFX offer leverage?
Yes. Leverage of up to 1: 30.
What spreads can I expect with GKFX?
You can expect spreads which start from 0.6 on EUR/USD.
Does GKFX charge commission?
No. GKFX does not charge commissions on the Standard account but a commission of € 6 per lot is charged on the Premium account.
It is unclear whether Islamic account holders are subjected to the same commission charges. Traders must verify this information with the broker as it is not stated on the website.
Is GKFX regulated?
Yes. GKFX is regulated through MFSA, FCA, BaFin, CNMV, AFM, Consob, CNB, CySEC and NBS.
Is GKFX a recommended forex trading broker for experts and beginners?
Yes. GKFX caters for both beginners and expert traders.
What is the overall rating out of 10 for GKFX?
7/10.
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