All Share (J203) = 89 519
Rand / Dollar = 18.19
Rand / Pound = 23.51
Rand / Euro = 19.78
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

GKFX Minimum Deposit

GKFX Minimum Deposit
 

GKFX has a minimum deposit requirement of €100/ZAR 1 662.35. Deposit currencies which are accepted include EUR, USD, and GBP. When making use of any of the payment methods, GKFX does not charge any deposit fees.

 

GKFX at a glance

🔍 Broker's NameGKFX
📍 HeadquarteredLondon, UK
📅 Year Founded2013
⚖️ Regulating AuthoritiesMalta Financial Services Agency (MFSA)
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Not indicated
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1: 30
💰 Minimum Deposit€100/R1 900
💳 Deposit OptionsNot indicated
💳 Withdrawal OptionsNot indicated
💻 Platform TypesMetaTrader4 and MetaTrader WebTrader
📈 Tradable assets offeredOver 600 assets including forex, CFDs, equities, indices, commodities and cryptocurrencies
📱 OS CompatibilityMac, Microsoft Windows, Android, iPhone, iPad, Web, Desktop
👨‍💼 Languages supported on WebsiteEnglish, Spanish, Italian, German, and Arabic
👥 Customer Support LanguagesEnglish, Spanish, Italian, German, and Arabic
📆 Customer Service Hours24/5
👉 Open a accountClick 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 Minimum Deposit below.

 

GKFX Minimum deposit – 7 key points quick overview:

  1. ✔️GKFX Minimum Deposit
  2. ✔️GKFX Deposit fees and deposit methods
  3. ✔️Step by step guide to deposit the minimum amount
  4. GKFX Pros and Cons
  5. Conclusion
  6. GKFX Customer Reviews
  7. Frequently Asked Questions

 

📍 Here is our overview of the GKFX Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

GKFX Minimum Deposit

 

GKFX has a minimum deposit requirement of €100. This minimum deposit amount is equivalent to ZAR 1 662.35 at the current exchange rate between the EU Euros and the South African Rand at the time of writing.

 

GKFX is authorized and regulated by the strict regulatory entity Malta Financial Services Agency (MFSA). The broker is the registered trademark of AKFX Financial Services LTD and thus operates within the EU regulations. It also operates in many other jurisdictions and falls under the added regulations of FCA, BaFin, CNMV, AFM, Consob, CNB, CySEC and NBS.

 

It is a requirement by most regulatory bodies and financial institutions, amidst several other strict rules and regulations, that all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

GKFX Minimum Deposit

 

GKFX Deposit fees and deposit methods

 

The minimum deposit that GKFX requires when registering a live account is relatively low.

 

📍 The following payment methods can be used when making deposits into a GKFX account:

➡️ Credit cards
➡️ Debit cards
➡️ Skrill
➡️ Neteller
➡️ Bank Transfer

 

Deposit currencies which are accepted include EUR, USD, and GBP. When making use of any of the payment methods, GKFX does not charge any deposit fees. Traders should however ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.

 

GKFX Deposit fees and deposit methods

 

Step by step guide to deposit the minimum amount

 

When funding the trading account, it can be done from traders own bank accounts by sending the funds to one of the GKFX client accounts. Traders can also access the option to deposit the minimum amount from their client’s portal after they have registered for a live trading account, and it has been approved.

 

📍 The following steps can be followed:

👉 Step 1 – Log into your secure client area.

Log into your account to access your client area.

GKFX How to deposit step 1

 

👉 Step 2 – Go to the funds option.

Go to funds and select the deposit tab.

GKFX How to deposit step 2

 

👉 Step 3 – Select your account.

Select your account and then the deposit method.

 

👉 Step 4 – Choose the amount to deposit.

Select the amount you want to deposit and proceed with the payment.

 

Traders must ensure that they select the correct deposit currency before they make a deposit as funds must be transferred in the same currency as the bank account which they are sending it to. If this is not done, traders may be subjected to currency conversion fees.

 

The broker does suggest that traders make use of deposits via a credit card as bank wires may take some time to be processed. Deposits reflect into your account balance as soon as the payment arrives at GKFX.

 

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
Low minimum deposit requirementAccount base currencies are limited
No deposit fees chargedCurrency conversion fees may apply
Regulated through MFSA, FCA, BaFin, CNMV, AFM, Consob, CNB, CySEC and NBSLimited payment methods offered
Reliable payment methods offered

 

Conclusion

 

GKFX has a minimum deposit requirement of €100/ZAR 1 662.35. Deposit currencies which are accepted include EUR, USD, and GBP. When making use of any of the payment methods, GKFX does not charge any deposit fees.

 

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.

Customer reviews Five stars

Very good Broker

Very good Broker. Instant withdrawal. Very deep liquidity. highest partner commission

Customer reviews Five stars

It’s perfect!

Customer reviews Five stars

GKFX Contact us

You might also like: GKFX Review

You might also like: GKFX Account Types Overview

You might also like: GKFX Demo Account – Step by Step

You might also like: GKFX Fees and Spreads

You might also like: GKFX Islamic Account Overview

You might also like: GKFX Sign up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit for GKFX?

€100.

 

How do I make a deposit and withdrawal with GKFX?

  • Credit cards
  • Debit cards
  • Skrill
  • Neteller
  • Bank Wire Transfer

 

Does GKFX charge withdrawal fees?

No. Fees from financial institutions may apply.

 

How long does it take to make a withdrawal?

It is not indicated how long withdrawals take. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account.

 

5/5 - (6 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 11, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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