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GKFX: Review, Analysis and Complete Guide

We invite you to get to know GKFX, a fully secure online trading broker for CFDs (contracts for difference). With a variety of options in assets (underlying) and Forex market to trade with or without leverage.

Throughout the article we will analyze the different financial products, how to open an account, how to invest, deposit and withdraw, the payment methods that GKFX offers and the different research tools that it offers to its users, both platforms or programs, such as the school of investors.

Through this analysis, and taking into account the opinions of users and experts, we can confirm that GKFX is a secure broker that deserves to be chosen for trading.

Pros and Cons of GKFX


  • Regulated by more than 14 agencies in Europe.
  • Metatrader 4.
  • Quality tools for research.
  • CFDs with crypto currencies (Bitcoin, Ethereum, Ripple, etc.)
  • Insolvency compensation program.


  • Relatively limited asset supply.
  • PayPal does not offer PayPal as a payment method.

GKFX Financial Products

We have already said that GKFX is a secure broker, which is dedicated to trading CFDs, but it is time to analyze in particular, what types of products can be traded once one creates an account and the option of leverage.

First, GKFX specifically trades contracts for difference. The user does not invest directly in asset ownership, but in the variation that occurs in the value of the underlying asset such as stocks, forex, bitcoin or commodities.

Below you will find a detail of all the assets that can be set up as CFDs on GKFX:

Stocks and financial products

  • Stocks: You can find more than 300 shares listed on stock exchanges in the US, UK and the rest of Europe. Among the best known you can find Google, Adidas, Amazon, Chevron and many more.

GKFX ofrece numerosos productos financieros

In this aspect we understand that although the offer is varied, at GKFX the absence of shares corresponding to the Asian market is notorious.

  • Currencies (Forex market): You can trade Forex with between 42 and 50 currencies depending on the account type you’ve created. For example, EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, EUR/GBP are some of your options at GKFX.
  • Commodities: GKFX offers trading services to its clients on 16 commodities in over a hundred global markets. Oil, cocoa, coffee, cotton, metals (gold, silver and copper), natural gas, sugar and some grains complete a varied offering.
  • Indices: At GKFX you can find up to 14 indices on which CFDs can be established. This is a more diversified option with a different return and trade than stocks, but very common among more experienced traders.


In recent years, crypto-currencies and mainly Bitcoin have made a name for themselves in the world of finance because of their returns and variations that have made them a coveted and very interesting product.

GKFX offers its users the ability to trade in 4 crypto currencies (Bitcoin, Ethereum, Ripple and Litecoin) via CFDs. This trade offers two advantages: firstly, you can make money on increases in value, and also when they depreciate.

More importantly, at GKFX you can invest less than what a unit of the krypton currency would cost you (a bitcoin costs about 10,000 USD) and take advantage of the leverage in times of great variation to maximize your profits.

As we said, you have the following options:

  • Bitcoin: It was the first digital currency and by now it has achieved great popularity, driven by the remarkable rise in its value since its launch back in 2009 and the marked volatility that manages to capture the interest of curious professionals and amateurs.
  • Ethereum: the second most important digital currency after bitcoin. Decentralized, but with its own platform for functionality and programming, its value is increasing and it is already making a lot of noise.
  • Ripple – the third most important digital currency in the market behind Bitcoin and Ethereum Its particularity is the real-time settlement system, the currency exchange and the remittance network.
  • Litecoin: was created as a division of Bitcoin and with a very similar nature to Bitcoin. The difference is its almost zero cost and the speed of its transactions up to four times faster than Bitcoin.

Unique Programs

At GKFX you have a choice of four different account types. All of them can be used for stocks, forex and crypto currencies as bitcoin, but each one has particularities that make it convenient for the type of user.

Plataformas disponibles de Trading online

The broker recommends taking into account the risk tolerance, the size of the initial investment and the amount of time available for forex trading on a day-to-day basis. You can choose from the following options:

  1. Standard Account: This is the basic GKFX account, which includes all options on CFDs (shares, forex, commodity indices and crypto currencies such as bitcoin). The minimum deposit is $100, includes leverage up to 30:1, Metatrader 4 software and other tools and expert advice.
  2. GK VIP Account: With a minimum deposit of £25,000, this is GKFX’s flagship product. In addition to all the advantages of the standard account it includes, reduced spread with no swap, no commissions, the widest variety of options and some more advantages.
  3. GK VIP Lite Account: With a deposit from 2,500 euros you get an account that includes the advantages and features of the standard plus a reduction in the spread, variety of products, webtrader, expert consultants and some more.
  4. Corporate Account: this is an option aimed at a professional business audience that wants to diversify their investments. It requires a minimum deposit of 25,000 euros. It includes an extended forex offer, expert advisors, trading desk and some specially developed tools.

Alternative – Demo Account: This is a free account, which can be used as a practice for beginners, but also as a test of the services, features and systems of the GKFX broker for those who are not sure about creating an account to invest real money.

How to Open a GKFX Account

As we were able to confirm in the feedback from some of your users, creating an account to trade on GKFX is a safe and simple procedure that will only take you a few minutes and the completion of a few steps.

The first thing you’ll need to do is choose the account type that best suits your needs in the ‘Open a Live Account’ section from the four options GKFX offers its users: Standard Account, GK VIP, GK VIP Lite or Corporate Account.

Cómo abrir una cuenta en GKFX online para trading

To create your account you must complete the information following the steps listed below: About you, financial information, knowledge and experience, warning, upload documents and final step.

Unlike other brokers, at GKFX opening a demo account is a separate procedure and it’s always a good idea to start out that way. With fewer requirements, steps and a minimum amount of data to trade on a trial basis and decide if it’s the right broker for you.

1. Requirements and verification

The regulation and the idea of offering a secure broker service, forces GKFX to ask all its clients to provide real information when creating an account. It is important to comply with this as the information will then be checked against the documentation provided.

Verification of identity and financial information is important for registration, but the possibility of withdrawing balances and earnings from the account will also depend on its accuracy.

The verification must be done only once, before completing the first deposit or withdrawal without having to repeat it in the following ones. GKFX asks its users to send a copy of the following documentation:

  • National ID card with photo
  • Proof of residence
  • Credit Cards if you used it to deposit funds

2. Demo account

A good option for those starting out in trading, trading Forex with CFDs, or simply wanting to test the workings of the GKFX broker before going through the process of creating a trading account is to generate a demo account.

In this way, GKFX users can learn as much as possible about the services and operations of the broker, providing a minimum amount of data. A demo account allows you to trade similarly to the live account, without risking your capital until you are convinced.

Cómo abrir una cuenta Demo en GKFX para Trading

3. Countries Available

GKFX is managed by AKFX Financial Services Ltd. based in the UK and regulated by the Malta Financial Services Authority (MFSA). It also has commercial offices in 18 cities in 14 different countries (including Madrid).

It also has operating licenses granted by the European Union, and by the entities that regulate the activity in the vast majority of member countries, such as Bafin in Germany or the CNMV in Spain.

Its coverage then covers most of Europe with the UK as the group’s headquarters, Asian countries such as Japan, Australia among others in Oceania and the USA and Canada in North America.

How to Use GKFX

The GKFX online trading platform is very easy to use, with a neat design and clear options to avoid confusion. Whether it is in its web format or mobile applications, it allows the user to concentrate on investing without any major difficulties.

Like many other online brokers, GKFX’s free Metatrader 4 is one of the most popular and highly rated platforms in the market.

Therefore, the user’s offer of platforms available for trading on GKFX consists of the web version of the site, the Metatrader 4 and the applications for mobile trading.

1. Desktop Platform

As far as trading from your computer is concerned, with GKFX you can trade directly from its website where you also find all the training and research tools to trade in the best way.

But for the most professional trading experience, GKFX offers the Metatrader 4 platform which is the experts’ favorite and has the best reviews from all kinds of users because of its accessibility and advanced quality options.

2. Mobile Platform

For investors who need to trade from their mobile devices GKFX offers its application available for Android and iOS with all the features needed to trade in a totally secure mode.

The application allows trading from a demo account as well as from any of the real accounts, and access to a wide variety of functions such as statistical analysis to optimize predictions, webinars and much more.

GKFX ofrece una app móvil para Trading

Research and Visualization Tools

Statistics show that the majority of online investors lose money by trading CFD assets and forex. To help you avoid being part of this statistic GKFX offers its users a variety of training and market analysis tools.

Research, economic calendar, calculator and converter. In addition, from Trading Central you can access top-level tools and indicators to guide your investments, backed by the research and analysis team of trading experts.

In addition, GKFX provides its users with financial education through its school, explanatory videos on all the options and ways to invest, providing useful concepts and advice. The offer is completed by webinars (investment webinars).

GKFX Deposits, Withdrawals, Fees and Limits

For deposits and withdrawals GKFX operates with the payment methods commonly accepted by most online brokers. Below we explain all the possibilities you have as well as fees, commissions and limits.

1. Deposit Methods and Minimum Deposit

As we said, to make your deposits you can use the most popular methods among online brokers: Visa, Mastercard or Maestro credit/debit cards with a minimum of £20 and bank transfers which must be over £50.

You can also make deposits through virtual purses such as Skrill or Neteller. In that sense, users’ opinions highlight the absence of PayPal of great popularity in the Spanish market.

It is important to pay attention to the minimum deposits and amounts to be deposited, since not only does it depend on that to be able to make the payment successfully, but from certain amounts you have access to higher hierarchy accounts and benefits.

2. Withdrawal Methods

As for the options to make withdrawals, they are a little more limited, since you can do it by bank transfer or credit card, but it does not have the same luck with the virtual purses.

It is noteworthy and well received in user reviews that withdrawals made at GKFX are not charged a commission as is the case with any other online forex broker.

3. Fees and Commissions

As we said, withdrawals at GKFX are commission free. For deposits, the broker charges a 1.5% commission with any of the payment methods with the exception of electronic purses.

4. Limits

As we said, the minimum limits for deposits are 20 euros with credit and debit cards, 50 euros for bank transfers and 1 euro for electronic purses. The maximums are £5,000 for cards and wallets, and none for transfers.

In addition, as we also said, to withdraw balances through the methods indicated, they must exceed the amount of 50 euros and it is worth noting that they are not subject to any commission.

Límites y métodos de pago en el Trading

Is GKFX safe?

When choosing an online broker to invest, one of the most important aspects to consider is that it is secure. To find out if an online trading service is secure, in addition to the opinions of its users we must pay special attention to some features.

The fact that the broker is regulated, by whom, that it has a compensation scheme in case of insolvency and the quality of the customer service will be of vital importance in order to make a decision.

In the case of GKFX we understand that one of its main virtues is to be a secure broker. In the opinion of our experts, its features exceed expectations in all aspects mentioned.

1. Regulation

GKFX is a secure broker, and in addition to the opinions we find, this is also demonstrated by the number of regulations and entities to which it is subject and audited.

AKFX Financial Services Ltd. is the owner of GKFX. It is authorised and regulated by the Malta Financial Services Authority (MFSA) to provide category II investment services with registration IS60473.

In addition, as a broker it is regulated and authorized by the European Union (MiFID II and ESMA), and by entities from other countries such as FCA, BaFin, CNMV, AFM, Consob, CNB, CySec.

2. Compensation Scheme

AKFX Financial Services Ltd. and therefore GKFX is part of a program to rescue failed investment firms in the event of insolvency. This is the Investor Compensation Plan program for security created on the basis of EU Directive 97/9 on investor compensation plans.

In order to provide compensation to any retail investor “who has entrusted money or instruments to a licensee in connection with an authorized business”. This compensation operates only if the licensee ceases to conduct business due to financial difficulties or insolvency.

Coverage is ninety percent (90%) of all investor claims or up to $20,000 and all payments are in the same currency as the investment.

3. Customer Service

As we have seen, GKFX broker’s customer service has the best user reviews. Support and advice on trading is offered via email, phone or live chat 24 hours a day, every day.

The service has proved to be efficient and fast in providing answers and highlighted by the warmth and professionalism of the experts when evacuating doubts or solving problems. It is not by chance that this is one of the most outstanding aspects in the users’ opinions.

Finally, in the section dedicated to support you can find FAQ separators, legal documentation of interest and information on payment methods. In any case, you can ask for advice on payments through the same support channels (Monday to Friday from 9:00 to 17:00).

Soporte y servicio de atención al cliente

Reviews by GKFX

When reviewing the opinions of GKFX users it is common to find phrases like: “the best forex / digital options trader I can recommend” or “excellent personal service”.

We note that many users are very satisfied with the service of the experts who make up the GKFX team, for example “she is an expert in forex and crypto trading and has also proven to be trustworthy”.

In our review of opinions on GKFX it was difficult to find any dissatisfaction or negative opinions. We understand that the pending account with users is about continuing to grow to increase the CFD offering, even though there is great compliance with the quality of service.

GKFX Alternatives and Competitors

As you can imagine, GKFX is not the only option for your investments. Although it is a secure and reliable broker, remember that at Wallet Adviser we aim to help you find the best service that suits your needs.

If you want to review the rest of your options, here is a list of the best reviews, analysis and opinions from our Forex experts:

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From the article, we understand that GKFX is a relatively new online broker in the trading market with just over 10 years of experience, which has managed to insert itself well offering a quality service, safe and responsible.

The growth of the firm is based on the quality of the tools that it makes available to each investor, as well as the professionalism of the staff both in training and in attending to each of the users, which is reflected in the positive opinions.

Being a relatively new firm in the market we understand that it must continue on the path of expanding the offer. Although it offers quality products, the options in stock, forex or crypto-currency, beyond bitcoin, are still a little limited.

GKFX data sheet and features

Main Features GKFX
Countries where it is regulated 20
Price Free
View offer
Minimum Deposit 100€
Time to open account 1 day
Available currencies 42
Available products
Withdrawal fee 0%
Inactivity fee 1
Trading Rates 0%
Bank card deposit
Deposit with electronic wallet
Demo account available?
Easy to use platform?
View offer

eToro Frequently Asked Questions

✅What is GKFX?

GKFX is a fully secure UK registered CFD broker operating in over 20 countries between Europe and North America. It is a trading option for forex, stocks (200+) listed on European and US exchanges, indices and commodities.

In this broker, trades are made with CFDs on the underlying assets mentioned, with a leverage of up to 30:1.

🔥 How does GKFX work? How can I use it?

Creating a forex trading account with the GKFX broker is a very simple procedure. You will need to follow the steps set out in the ‘Open a Live Account’ section (About you, financial information, knowledge and experience, warning, uploading documents and final step).

You must know that all the information you provide in the register must be real because then it will be checked against the documentation you submit. It is also possible to start with a demo account, free of charge, for those who are not convinced that GKFX is their best option.

The service includes trading on the website itself, the MetaTrader4 standard and MT4 apps for both smartphones and tablets on iOS and Android.

➕ How to Sell on GKFX?

It is important to understand that at GKFX trading is done with CFDs, i.e. on the difference in the value of an underlying asset. Whether it’s forex or other, you don’t get the asset but a contract on the prediction that its value will rise or fall.

Therefore, since the asset has not been purchased, it is not possible to sell it either. If the investor assumes that an asset will lose value he can set a short FDC (he will gain in the proportion in which it falls).

In the case of establishing a CFD and finding that the value is behaving contrary to the prediction, it is always possible to lift the position (the equivalent of selling an asset that is falling).

✨ How to Make Money at GKFX

Making money on GKFX by investing in CFDs on stocks and financial products, forex, commodities, indices or crypto currencies such as Bitcoin is possible and in some cases simple.

It is important to understand that many investors lose money because of their bad decisions. It is advisable to study, analyze the markets and take advantage of all the tools, which without knowledge about them can turn against you, such as leverage.

➡Is GKFX safe?

Yes, we understand that GKFX is a secure broker, both in terms of users’ funds and personal and financial information, and in the transparency of the processes for investing and making profit.

We can highlight in this respect the regulated and approved payment methods, the compensation mechanisms in case of supplier insolvency, the separation of funds from each investor, the effectiveness of the computer security software it uses and the users’ opinions on reliability.

⭐Is GKFX regulated?

AKFX Financial Services Ltd., the parent company of GKFX, is authorised and regulated by the Malta Financial Services Authority (MFSA) to provide category II investment services under registration IS60473.

In addition, GKFX as a broker is regulated and authorized by the European Union (MiFID II and ESMA), and by entities from other countries such as FCA, BaFin, CNMV, AFM, Consob, CNB, CySec.

Now you have all the information you need to decide if GKFX is the secure forex broker you’ve been looking for. Don’t forget to visit our home page to keep up to date with the whole trading world, with the best reviews, advice and opinions from our experts.

GKFX User Experience and Opinions

Have you used GKFX's services before? Would you recommend it? Tell us about your experience using a GKFX service in the comments.

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