GKFX forex broker review

GKFX review

GKFX Financial Services Ltd. is a global market maker that is based in London and regulated by key global regulators including the United Kingdom’s FCA, the JFSA (Japan) and other local regulatory agencies.

In addition to its London office, their global presence covers 18 cities in 14 countries. Its workforce of 400+ employees consists of local professionals (specialised in all market disciplines) based in London, Beijing, Bratislava, Cairo, Dubai, Frankfurt, Hong Kong, Jakarta, Johannesburg, Madrid, Milan, Paris, Prague, Shanghai, Tokyo, and Warsaw, with additional offices to open in the future.

Although a relatively recent company - it was established in 2010 - GKFX has grown rapidly, expanding its offering to 600+ products including forex, CFDs, commodities, equities and indices, providing a highly reliable user experience across a wide range of platforms.

Although GKFX remains focused on its clientele, the company regularly demonstrates corporate social responsibility. The company contributes both time and resources to educational and cultural projects in countries it operates in as well as under-developed nations.

GKFX UK  Demo account GKFX UK  Live account GKFX UK

GKFX's account types

GKFX account types

GKFX UK  Demo account GKFX UK  Live account GKFX UK

Risk Management with MYFX

MYFX is a risk management tool that is connected to the MT4 platform. GKFX traders who have an account with at least $1,500 and trade a minimum of 50 lots per quarter are able to benefit from the MYFX interface for free.

MYFX's main tools:

  • One-click trading
  • Default take profit and stop loss levels
  • Close all trades with one click
  • Default lot sizes
  • Display risks as a percentage
  • Display latent profits/losses as a percentage
  • Define your trade entries at key pivot levels and choose the percentage of the trade that you want close at each level.

MT4 Booster

MT4 Booster offers 9 applications for MT4 that enable you to improve your trading techniques. Booster MT4 is available to all traders that have a standard account with at least €2,500.

  • Alert manager
  • Trading terminal
  • Correlation tables
  • Trader correlations
  • Traders' sentiment
  • Market manager
  • World map of trading hours
  • Excel RTD (sent orders from Excel)
  • Mini terminal

Tradeworks

Tradeworks is a tool offered to GKFX's traders so that they can automate trading strategies without the need for programming knowledge.

Main features:

  • Data-Drive trading
  • Trades day and night
  • Optimise your risk management
  • Develop your trading strategy
  • Backtest your strategy
  • Automate your strategy

GKFX brokerage news

Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.