GKFX Prime Review 2024

What is GKFX Prime?

GKFX Prime is a globally recognized brokerage company that offers financial services in more than 100 countries in 11 languages. It was founded in 2012 and is regulated and monitored by the British Virgin Islands Financial Services Commission (BVI FSC). The firm serves over 300,000 clients worldwide. GKFX Prime provides a variety of account types to cater to different trading styles. These include the Standard account with up to 1000:1 leverage and spreads from 1.2, the Pro-Leverage account offering unlimited leverage, the VIP account with typical spreads from 0.6 and a $5,000 deposit requirement, and the ECN Zero account. The company offers a wide range of trading instruments. Clients can trade over 600 products on GKFX Prime at competitive prices. This includes over 300 forex pairs with low spreads and fast execution. In addition to forex, clients can also trade CFDs on popular indices, shares, commodities, and cryptocurrencies. GKFX Prime is committed to providing a high-quality trading experience for its clients. This is reflected in its fast execution times, with most trades executed in under 0.1 seconds. The firm also provides local support in four languages. In summary, GKFX Prime is a reputable, regulated brokerage firm that offers a wide range of trading instruments and account types to meet the needs of traders worldwide. Its commitment to fast execution times, competitive spreads, and high leverage makes it a strong choice for those interested in forex and other forms of trading.

What is the Review Rating of GKFX Prime?

What are the Pros of GKFX Prime?

GKFX Prime is a forex broker that offers several advantages to its users. Here are some of the key benefits:. Variety of Trading Accounts: GKFX Prime offers two different types of Forex trading accounts. This flexibility allows traders to choose an account that best suits their trading style and financial goals. Competitive Leverage: GKFX Prime provides a maximum leverage of 1:400. , which can increase the potential for profits. However, it’s important to note that higher leverage also comes with increased risk. No Commission on Trading Accounts: Unless specified on the trading account, GKFX Prime does not charge commission. This can lower the cost of trading and potentially increase profitability. No Withdrawal Fees: GKFX Prime does not charge any withdrawal fees. , making it easier and more cost-effective for traders to access their funds. Regulated Broker: GKFX Prime is regulated by some of the most reputable regulatory agencies in the industry. This provides traders with an added layer of security and peace of mind. Wide Range of Tradable Assets: GKFX Prime offers a variety of tradable assets including Forex, Commodities, and Indices. This diversity allows traders to spread their risk and take advantage of different market conditions. Excellent Customer Support: GKFX Prime offers 24/5 customer support. This ensures that traders can get the help they need, whenever they need it. User-Friendly Platforms: GKFX Prime provides several platform types including MT4 Desktop and Mobile versions, MT5 Desktop and Mobile versions, and others. These platforms are designed to be user-friendly and offer a range of tools to help traders make informed decisions. No Minimum Deposit: There is no minimum deposit requirement. , making it accessible for new traders or those with a smaller trading budget. Please note that while these are significant advantages, trading in the Forex market also involves risk. It’s important for traders to understand these risks and to trade responsibly.

What are the Cons of GKFX Prime?

GKFX Prime is a well-known player in the Forex and CFD trading industry. However, like any broker, it has its share of disadvantages. Here are some of the cons associated with GKFX Prime:. High Leverage: GKFX Prime offers a high leverage ratio of up to 1:1000. While this might seem attractive to some traders, it’s important to note that high leverage can also lead to significant losses. This is especially true for inexperienced traders who may not fully understand the risks associated with leveraged trading. Variable Conditions Based on Entity: The trading conditions offered by GKFX Prime can vary significantly depending on the entity. This means that the trading experience can differ for traders based on their geographical location. Limited Customer Support: GKFX Prime does not offer 24/7 customer support. This can be a disadvantage for traders who need assistance outside of the broker’s operating hours. Higher Spreads for Some Instruments: While GKFX Prime generally offers competitive spreads, they can be higher for some instruments. This could potentially impact the profitability of trades. Lack of Negative Balance Protection: GKFX Prime does not offer negative balance protection. This means that traders could potentially lose more money than they have deposited into their trading account. Offshore Regulation: Currently, GKFX Prime is regulated in offshore jurisdictions. While the broker is regulated, traders may have fewer protections compared to brokers regulated in jurisdictions with stricter regulatory oversight. Charges on Positions Open for More Than Five Nights: GKFX Prime charges a commission of 10 USD/lot per day on all positions that are open for more than five consecutive nights. This could potentially eat into the profits of traders who hold positions open for longer periods. Please note that while these points highlight some of the potential disadvantages of trading with GKFX Prime, it’s important for each trader to conduct their own due diligence and consider their individual trading needs and goals before choosing a broker.

What are the GKFX Prime Current Promos?

GKFX Prime, a globally recognized brokerage company, offers several promotions to its clients. Here are some of the current promotions:. 50% Re-Deposit Margin Bonus. : This promotion is available to clients in India and the Philippines. The bonus size is 50% of the deposit. The minimum deposit required is $25 for India and $50 for the Philippines. The maximum amount of bonus that can be received is $10,000. 100% First Deposit Margin Bonus. : This promotion is also available to clients in India and the Philippines. The bonus size is 100% of the first deposit. The minimum deposit required is $50 for India and $100 for the Philippines. The maximum amount of bonus that can be received is $10,000. Extra Bonus Up To 100% Initial Deposit. : This is a special offer where traders can get an extra bonus up to 100% of their initial deposit. Special Bonus Up To 25%. : This is another special offer where traders can get a bonus up to 25%. Please note that these promotions are subject to terms and conditions and may change over time. It’s always a good idea to check the official GKFX Prime website or contact their customer service for the most accurate and up-to-date information.

What are the GKFX Prime Highlights?

GKFX Prime is a globally recognized brokerage company that serves clients in more than 100 countries in 11 different languages. Here are some of the key highlights:. Global Presence: GKFX Prime has a strong global presence, serving clients in more than 100 countries. This wide reach allows them to cater to the needs of a diverse client base. Regulation: GKFX Prime is regulated and monitored by the British Virgin Islands Financial Services Commission (BVI FSC). This ensures that they adhere to strict regulatory standards, providing a secure trading environment for their clients. Trading Conditions: GKFX Prime offers competitive trading conditions. They offer top FX pairs and other CFDs with competitive spreads. There is no minimum deposit, and leverage is available up to 1:400. However, traders should be aware of the high leverage, low minimum deposit requirements, and lack of negative balance protection. Customer Support: GKFX Prime places a high emphasis on client safety and support. They offer 24/5 expert customer support, available in 10 languages. Client safety is their top priority, and they ensure this by trading CFDs with 100% segregated funds. Educational Resources: GKFX Prime provides a wealth of educational resources for their clients. They regularly host webinars covering various topics related to forex trading. These webinars provide valuable insights and can help traders improve their trading skills. Platform: GKFX Prime offers a user-friendly trading platform. Their platform is designed to provide the best possible trading experience for their clients. In conclusion, GKFX Prime is a reputable brokerage firm that offers a wide range of services to cater to the needs of forex traders. Their commitment to client safety, competitive trading conditions, and extensive educational resources make them a preferred choice for many traders.

Is GKFX Prime Legit and Trustworthy?

GKFX Prime is a forex broker that has received mixed reviews from its users. Some users have praised the platform for its customer service and trading support. They have mentioned that the deposit and withdrawal processes are quick and efficient. However, other users have raised concerns about their experiences with GKFX Prime, labeling it as a scam. According to a review on WikiFX, GKFX Prime has been flagged due to a high number of complaints. The platform is registered under the International Finance House Ltd and is part of the Global Kapital Group. It has a valid license issued from different regulators. , but it’s also noted that it has a high potential risk due to its offshore regulatory status. In conclusion, while some users have had positive experiences with GKFX Prime, the number of complaints and the broker’s offshore regulatory status suggest that potential users should proceed with caution. It’s always recommended to thoroughly research and consider multiple sources before deciding to trade with a forex broker. Please note that trading in forex involves risk, and it’s important to understand these risks before starting to trade. Please note that this information is based on user reviews and publicly available information as of 2023 and may not be up-to-date or entirely accurate. Always do your own research before making any financial decisions.

Is GKFX Prime Regulated and who are the Regulators?

GKFX Prime is indeed a regulated entity. It operates under the oversight of several top-tier financial authorities, ensuring a high level of safety for traders. Regulatory Bodies:. Malta Financial Services Authority (MFSA): GKFX is a registered trading symbol of AKFX Financial Services Limited, which is authorized and regulated by the MFSA under a CRES license with registration C60473. Securities and Exchange Commission of Cambodia (SECC): GKFX Cambodia is a registered trademark of GKFX Cambodia Co Ltd, which is authorized and regulated by the SECC under license 026. Comision Nacional de Mercado de Valores (CNMV): AKFX Financial Services Ltd is authorised and regulated by the CNMV. Financial Services Commission of the British Virgin Islands (FSC BVI): International Finance House Ltd is authorized and regulated by the FSC BVI with company number 1728826 and BVI license number SIBA / L / 1066. Safety Measures: GKFX Prime adheres to stringent regulatory requirements, including leverage restrictions (up to 30:1), segregation of client money from their operating capital, and provision of negative balance protection. It also participates in a client protection program, namely the Investor Compensation Scheme (ICS), which safeguards traders against financial failure or insolvency cases and provides up to 20,000 EUR per trader should the company be liquidated. Company Information: Founded in 2012 and headquartered in the British Virgin Islands, GKFX Prime is part of the Global Capital Group. It offers a wide range of financial instruments, mainly Forex, Commodities, Indices, Stocks, and Cryptocurrencies. In conclusion, GKFX Prime is a safe broker to trade with, maintaining regulation from some of the top regulators. However, traders are always advised to conduct their own due diligence before choosing a broker.

Did GKFX Prime win any Awards?

GKFX Prime, a renowned name in the forex industry, has indeed been recognized with several prestigious awards. These accolades reflect the company’s commitment to providing top-tier services and innovative solutions in the forex market. Here are some of the notable awards that GKFX Prime has received:. Best APAC Region Broker 2021. : This award, given by the ADVFN International Financial Awards, recognizes GKFX Prime’s significant contributions and services in the Asia-Pacific region. Best Overall Forex Broker 2020. : The International Investor Awards honored GKFX Prime with this award, acknowledging the company’s excellence in providing comprehensive forex trading services. Best Forex Broker 2019. : At The Forex Expo Dubai, GKFX Prime was recognized as the Best Forex Broker, further solidifying its reputation in the forex industry. Best CFD Broker 2019. : Portal.de awarded GKFX Prime as the Best CFD Broker, highlighting the company’s expertise in Contract for Difference (CFD) trading. Best Forex Trading Platform 2017. : GKFX Prime was awarded by Bergen for having the Best Forex Trading Platform, demonstrating the company’s commitment to providing a user-friendly and efficient trading platform. These awards are a testament to GKFX Prime’s dedication to maintaining high standards in the forex industry and its continuous efforts to enhance the trading experience for its clients. It’s worth noting that these recognitions are based on various factors, including innovation, customer service, and the overall trading experience provided by the company. As such, traders can have confidence in GKFX Prime’s services and offerings in the forex market. Please note that trading involves risk and it’s important to understand these risks before engaging in forex trading. Please note that the information provided is based on the latest available data and may be subject to change. For the most accurate and up-to-date information, it’s recommended to visit the official GKFX Prime website or contact their customer service directly.

How do I get in Contact with GKFX Prime?

GKFX Prime is a globally recognized brokerage company that serves clients in more than 100 countries in 11 different languages. It is regulated and monitored by the British Virgin Islands Financial Services Commission (BVI FSC). To get in contact with GKFX Prime, you can reach out to them at their office located at Sea Meadow House, P.O. Box 116, Road Town Tortola, BVI. Alternatively, you can also contact them via phone at +44 1460944003 or email at supprt_tw@gkfxprime.com. GKFX Prime offers a variety of account types designed based on the most popular trading styles worldwide. They provide trading options for over 600 instruments with executions under 0.1 seconds. Their offerings include Forex with over 300 pairs, Indices, Stocks, Commodities, and Cryptos. Please note that trading involves risk and it’s important to understand the risks involved before getting started. It’s always recommended to seek advice from a financial advisor if you’re unsure. Happy trading!.

Where are the Headquarters from GKFX Prime based?

GKFX Prime, a globally recognized brokerage company, is headquartered in the British Virgin Islands. More specifically, their headquarters are located at Sea Meadow House, P.O. Box 116, Road Town, Tortola, BVI. Founded in 2012, GKFX Prime serves clients in more than 100 countries and communicates in 11 different languages. The company is regulated and monitored by the British Virgin Islands Financial Services Commission (BVI FSC). , ensuring compliance with financial regulations and standards. With a global workforce of 400 employees. , GKFX Prime provides local knowledge with global coverage that clients expect from their trading partners. The company’s revenue is reported to be around $77.4M. In the context of forex, GKFX Prime offers a comprehensive trading experience with its implementation of both superior trading platforms: MetaTrader 4 and MetaTrader 5. This has taken the trading experience up a notch, favoring its recognized position in the financial market despite the on-and-off turbulence. Please note that while I strive to provide accurate information, it’s always a good idea to visit the official website or contact GKFX Prime directly for the most up-to-date and accurate information.

What kind of Customer Support is offered by GKFX Prime?

GKFX Prime, a brokerage firm that offers forex and other CFDs to trade, provides a comprehensive customer support system to assist its clients. Contact Information GKFX Prime can be reached through various contact numbers and email addresses. Here are some of them:. Phone: +44 1460944003. , +44（0）2036959713. , +00 35 62 133 3388. Email: support@gkfxprime.com. , supprt_tw@gkfxprime.com. Trading Platforms GKFX Prime offers MT4/MT5 and also a proprietary copy trading platform. MT4 is the industry standard and is what most brokers and traders prefer. Account Types GKFX Prime offers multiple account types. These include the ECN Zero account, Standard Variable account, Standard Fixed account, and VIP Variable account. Each account type comes with its advantages and requirements. Product Offerings The broker provides over 47 FX currency pairs, including all the majors, most minors and popular exotics. CFD offerings, on the other hand, include over 400 instruments in forex, shares, market indices, commodities and cryptos. Pricing GKFX Prime offers competitive pricing with spreads starting from as low as 0 pips. The typical spread for the EURUSD, at the time of writing this GKFX Prime broker review, is 0.3 pips. Furthermore, the broker offers a leverage of up to 1:1000 and has a $50 minimum deposit. In conclusion, GKFX Prime’s customer support is designed to provide traders with the necessary assistance and resources to make their trading experience smooth and successful. The availability of multiple contact methods ensures that traders can reach out to the support team conveniently. The diverse account types cater to different trading needs, and the competitive pricing makes trading affordable. The wide range of product offerings allows traders to diversify their portfolio. Thus, GKFX Prime’s customer support plays a crucial role in enhancing the overall trading experience of its clients.

Which Educational and Learning Materials are offered by GKFX Prime?

GKFX Prime, a renowned brokerage firm, offers a comprehensive suite of educational and learning materials to assist both novice and experienced traders in the Forex and CFD trading landscape. These resources are designed to foster constant improvement and equip traders with the knowledge they need to navigate the financial markets successfully. Beginner Articles: GKFX Prime provides a series of beginner articles that cover the basics of Forex and CFD trading. These articles serve as a solid foundation for those who are new to trading, helping them understand key concepts and terminology. The learning journey is seen as a series of steps, with each article helping the trader climb towards becoming successful in the trading arena. Forex Trading: The platform offers detailed insights into Forex trading, explaining what Forex is and how $5.3 Trillion changes hands every single day. It also covers basic Forex terminology and key Forex terms, enabling traders to familiarize themselves with the lingo of Forex trading. CFD Trading: GKFX Prime’s educational materials also delve into CFD trading, a popular trading instrument. The resources explain what a CFD is and what exactly is being bought and sold in this type of trading. Intermediate and Expert Trading Education: In addition to beginner resources, GKFX Prime also offers educational materials for intermediate and expert traders. These resources are designed to further enhance the trading skills of individuals who already have a basic understanding of the market. Customer Support: GKFX Prime provides 24/5 multilingual customer support. , ensuring that traders can get the help they need, when they need it. This support extends to the educational resources, allowing traders to get the most out of the learning materials provided. In conclusion, GKFX Prime’s educational and learning materials offer a comprehensive and detailed guide to Forex and CFD trading. Whether you’re a beginner just starting out or an experienced trader looking to refine your skills, these resources can provide valuable insights to help you navigate the financial markets successfully.

Can anyone join GKFX Prime?

GKFX Prime is a globally recognized brokerage company that serves clients in more than 100 countries and in 11 different languages. It is regulated and monitored by the British Virgin Islands Financial Services Commission (BVI FSC). There is no minimum deposit requirement with GKFX Prime. This makes it accessible to a wide range of investors, from those who are just starting out in the forex market to seasoned traders. However, to get access to more features, it is recommended to deposit at least $5. The company offers different types of accounts to cater to the diverse needs of its clients. For instance, the GKFX Prime Micro account is one of the two accounts offered by this broker. Moreover, leverage is still available up to 1:400 but spreads start at 2.5 pips on this account, and a commission of 10 USD/lot per day is charged on all positions that are open for more than five consecutive nights. In conclusion, GKFX Prime is a reputable forex broker that provides a platform for individuals across the globe to participate in forex trading. Its flexible deposit requirements and diverse account offerings make it a viable option for a wide range of investors. However, as with any investment, potential clients should conduct thorough research and consider their financial situation before opening an account. Please note that while GKFX Prime is a regulated entity, investing in the forex market involves risk. It’s important to understand these risks and to trade responsibly. I hope this information is helpful and provides a comprehensive overview of GKFX Prime’s offerings. If you have any other questions, feel free to ask!.

Who should sign up with GKFX Prime?

GKFX Prime is a reputable broker in the Forex and CFD trading industry, making it an attractive choice for a variety of traders. Here are some key points to consider:. 1. Wide Range of Trading Instruments: GKFX Prime offers more than 400 trading instruments, including Forex, Stocks (Shares), Indices, Commodities, and Cryptos. This wide range of options caters to traders with diverse interests and strategies. 2. Competitive Prices and Accurate Execution: Traders can benefit from competitive prices and accurate execution. This is crucial for traders who rely on timely and precise trades. 3. Powerful Trading Software: GKFX Prime provides powerful trading software, including MT4, MT5, and Social Trading. These platforms are renowned for their user-friendly interfaces and comprehensive features, making them suitable for both beginners and experienced traders. 4. Global Presence: GKFX Prime serves clients in more than 20 countries and supports 12 languages. This makes it a viable choice for international traders. 5. Strong Reputation: GKFX Prime has a strong reputation in the industry. It is well-regulated and authorized by the FSC. , ensuring a secure trading environment. 6. No Minimum Deposit Requirement: GKFX Prime does not require a minimum deposit. , making it accessible for traders with different investment capacities. 7. High Leverage: GKFX Prime offers high leverage up to 1:1000. , which can amplify potential profits, but also risks. 8. Quality Customer Support: GKFX Prime provides quality multilingual customer support. This ensures that traders can get timely assistance when they encounter issues. 9. Positive User Reviews: Many users have reported positive experiences with GKFX Prime, particularly praising its fast withdrawal process. In conclusion, GKFX Prime is a solid choice for traders looking for a reputable, globally recognized broker with a wide range of trading instruments, competitive prices, powerful trading software, and quality customer support. However, as with any investment, potential traders should conduct thorough research and consider their financial situation and risk tolerance before trading.

Who should NOT sign up with GKFX Prime?

GKFX Prime is a forex broker company that offers a range of services to its clients. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with GKFX Prime:. 1. People from the United States GKFX Prime does not accept traders from the United States. This is likely due to regulatory restrictions and compliance issues. 2. People looking for high leverage GKFX Prime offers a maximum leverage ratio of 1:30. This might not be sufficient for traders who are looking for high leverage to maximize their potential profits. 3. People with limited capital The minimum deposit amount at GKFX Prime is €100. This might be a barrier for individuals who wish to start trading with a smaller amount of capital. 4. People looking for bonuses GKFX Prime does not offer any kinds of bonuses to their traders. If you are attracted by brokers who offer bonuses, this might be a drawback. 5. People who value physical presence There have been reports that GKFX Prime does not have an office at its publicly displayed business address. This might raise concerns about the credibility of the broker. 6. People who have had negative experiences Some users have reported negative experiences with GKFX Prime. If you value user reviews and personal experiences, these reports might be a red flag. In conclusion, while GKFX Prime might be a suitable choice for some, it’s important to consider these points before deciding to sign up. As always, it’s recommended to do thorough research and consider your individual trading needs and goals before choosing a forex broker.

Does GKFX Prime offer Discounts, Coupons, or Promo Codes?

GKFX Prime, a United Kingdom-headquartered forex and contracts for difference (CFDs) broker. , does offer promotional programs. One such program is the No Deposit Bonus. This program is available to all new direct clients who open a live account at GKFX Prime. The bonus amount is added to the client’s account and can be used as a trading margin for one calendar month from the time of the deposit. The bonus program had a $30 No Deposit Welcome Bonus. To apply for this bonus, clients needed to register a new trading account and complete verification. Profits made from this bonus could be withdrawn after trading 50 lots. However, the bonus would be removed upon withdrawal. The maximum profit made with the bonus account was $500, and the maximum leverage for bonus accounts was 1:400. Please note that the terms and conditions of these promotional programs are subject to change and it’s always a good idea to check the latest information on the GKFX Prime website or contact their customer service for the most accurate details.

Which Account Types are offered by GKFX Prime?

GKFX Prime, a well-regulated broker authorized by FSC. , offers a variety of account types to cater to the diverse needs of traders. These account types are designed based on the most popular trading styles worldwide. Standard Account: This account type offers leverage up to 1000:1 and spreads from 1.2. There is no minimum deposit requirement and no commission. This account type is suitable for traders who prefer a standard trading environment. Pro-Leverage Account: This account type offers unlimited leverage and spreads from 1.2. There is no minimum deposit requirement and no commission. This account type is designed for professional traders who require high leverage. VIP Account: This account type offers leverage up to 1000:1 and typical spreads from 0.6. A minimum deposit of $5,000 is required. There is no commission. This account type is designed for VIP traders who require more personalized services. ECN Zero Account: This account type offers leverage up to 1000:1 and spreads from 1.2. There is no minimum deposit requirement and no commission. This account type is designed for traders who prefer trading in an Electronic Communication Network (ECN) environment. In addition to these, GKFX Prime also offers an Islamic account option. , catering to traders who wish to trade according to Islamic principles. Each account type is equipped with powerful trading software, including MT4 and MT5. , and offers access to a wide range of trading instruments, including Forex, Stocks (Shares), Indices, Commodities, and Cryptos. The broker provides professional education materials and research tools, quality multilingual customer support, and excellent technical solutions and tools. Please note that the trading conditions may vary based on the entity. It’s always recommended to check the specific conditions for each account type before making a decision.

How to Open a GKFX Prime LIVE Account?

Opening a GKFX Prime LIVE account involves a few steps. Here’s a detailed guide:. Step 1: Visit the GKFX Prime Homepage Start by visiting the GKFX Prime homepage. Look for the “Open an Account” icon and click on it. Step 2: Enter Personal Data Next, you’ll need to enter your personal data. This includes your name, email, phone number, and other necessary details. Step 3: Verify Personal Data After entering your personal data, you’ll need to verify it. This is done by uploading documentation such as proof of residence and identification. Step 4: Complete the Electronic Quiz Once your personal data is verified, you’ll need to complete an electronic quiz. This quiz confirms your trading experience. Step 5: Switch from Demo to Live Account If you’ve been using a demo account on MetaTrader 4, you can switch to a live account. Click ‘File’ and then ‘Open an account’. Select GKFX Prime from the list and login with new details, using the e-mail they sent. Don’t forget to switch servers from demo to live. Remember, forex trading involves risk, and it’s important to understand the market before you start trading. Happy trading!.

How to Open a GKFX Prime DEMO account?

Opening a GKFX Prime DEMO account is a straightforward process that allows you to practice Forex trading with virtual funds in a risk-free environment. Here’s a step-by-step guide:. Step 1: Navigate to the GKFX Prime website. Look for the MyGKFX area. Step 2: If you are already a GKFX Prime member, select ‘Accounts’ and go to the ‘Demo’ tab. If you are not a member yet, start by filling the quick registration form. Step 3: If you are a new member, select the ‘Practice First’ option when prompted. If you are an existing member, proceed to finalize the application by selecting your funds and account type. Step 4: Finalize the application by filling out the form. Step 5: Login to your trading platform with the credentials sent to you. Remember, practicing with a demo account poses no risk to your capital and you don’t even have to deposit to start practicing. Once you grasp the basics, you can start trading live immediately.

How Are You Protected as a Client at GKFX Prime?

As a client at GKFX Prime, you are protected in several ways:. Regulation: GKFX Prime is regulated by multiple top-tier financial authorities, including the Financial Services Authority (FSA) of Malta, the Securities and Exchange Commission of Cambodia (SECC), BaFin of Germany, Spain’s CNMV, and the Financial Services Commission of the British Virgin Islands (FSC BVI). This ensures that the broker operates under strict regulatory oversight, providing a secure trading environment. Client Money Protection: GKFX Prime segregates client funds from its operating capital. This means that your money is kept separate from the company’s own funds, providing an additional layer of security. Investor Compensation Scheme (ICS): GKFX Prime participates in the ICS, which safeguards traders against financial failure or insolvency cases. The ICS provides up to 20,000 EUR per trader should the company be liquidated. Leverage Restrictions: As part of its regulatory requirements, GKFX Prime enforces leverage restrictions (up to 30:1), which can help protect clients from significant losses. Negative Balance Protection: While some sources suggest that GKFX Prime does not offer negative balance protection. , it’s important to note that many regulators require it. This feature ensures that you cannot lose more money than you have deposited into your account. No Bonuses or Promotions: In line with regulatory requirements, GKFX Prime does not offer bonuses or promotions. This practice can help protect clients from potentially misleading marketing practices. Customer Support: GKFX Prime offers 24/5 expert customer support, available in 10 languages. This ensures that you can get assistance whenever you need it. It’s important to note that while these protections can significantly reduce the risk associated with trading, they do not eliminate it entirely. Trading forex and other CFDs always carries a degree of risk, and it’s important to understand this before you start trading.

Which Funding methods or Deposit Options are available at GKFX Prime?

GKFX Prime, a globally leading broker in the Forex and CFD trading industry, offers a variety of deposit methods for an easier trading experience. Credit Card: This is the quickest method for making deposits. GKFX Prime accepts all major credit cards. Once you start trading, your deposited amount can be used as margin trading in the financial markets. Bank Transfer: You can wire funds directly from your bank account to GKFX Prime. This method is also available for withdrawing your funds. E-Wallet: This is an alternate method for Neteller or Skrill users for secure and fast payment transfer. It’s important to note that all open trade positions must be closed and settled before requesting a withdrawal. Your funds are safe with GKFX Prime and withdrawing your money from your GKFX Prime account is just as easy. GKFX Prime returns funds directly to your credit card if you used it to deposit. If multiple sources were used, you can state your reference. In case your card is blocked or unavailable, GKFX Prime sends the payment to your bank account. Please note that the proposals are different in each entity and there is no 24/7 customer support. Conditions vary based on the entity. For now, only offshore entities are available. GKFX Prime is a reputable well-regulated broker authorized by FSC. It provides competitive trading solutions for investors, with easy account opening, average trading costs, and powerful trading software. In conclusion, GKFX Prime offers a variety of deposit and withdrawal options, making it a flexible and user-friendly platform for Forex and CFD trading.

What is the Minimum Deposit Amount at GKFX Prime?

GKFX Prime, an online forex and CFD broker established in 2012, offers a range of trading instruments including forex, indices, commodities, and cryptocurrencies. They provide various account types and trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms. The minimum deposit requirement at GKFX Prime is €100. This amount is equivalent to ZAR 1 662.35 at the current exchange rate between the EU Euros and the South African Rand. However, for the VIP Variable Account, which offers extremely competitive trading costs (0.6 pips on the EUR/USD), the minimum deposit is $5,000. This account may appeal more to experienced traders. Deposits can be made through various methods for a smoother trading experience. Major credit cards are accepted, and bank transfers or certain e-wallet payment methods can also be used. Once you start trading, your deposited amount can be used as margin trading in the financial markets. You can withdraw your profits or get back your initial investment anytime you want. Please note that all open trade positions must be closed and settled before requesting a withdrawal. Your funds are safe with GKFX Prime. Withdrawing your money from your GKFX Prime account is just as easy too. ! Credit cards are still the most convenient method. Your alternate method for withdrawing your funds is to use the bank transfer method. In conclusion, GKFX Prime provides a flexible and secure platform for forex trading with a reasonable minimum deposit requirement. Whether you’re a novice trader or a seasoned professional, GKFX Prime offers a variety of options to suit your trading needs.

Which Withdrawal methods are available at GKFX Prime?

GKFX Prime, a globally recognized forex broker, offers a variety of withdrawal methods for the convenience of its clients. These methods are designed to ensure a smooth and easy trading experience. Credit Card: This is the most convenient method for withdrawing funds from your GKFX Prime account. If you used your credit card to deposit funds, GKFX Prime returns the funds directly to your credit card. In case multiple sources were used for deposit, you can specify your preferred source for withdrawal. Bank Transfer: This is an alternate method for withdrawing your funds. In case your card is blocked or unavailable, GKFX Prime can send the payment to your bank account. You just need to provide your account information. E-Wallet: This is another alternate method for secure and fast payment transfer. This method is particularly useful for Neteller or Skrill users. It’s important to note that all open trade positions must be closed and settled before requesting a withdrawal. Your funds are safe with GKFX Prime and you can withdraw your profits or get back your initial investment anytime you want. Please note that the conditions for withdrawal may vary based on the entity. For more detailed information, you can refer to the Deposit & Withdrawal section on the GKFX Prime website.

Which Fees are charged by GKFX Prime?

GKFX Prime, a well-regulated broker authorized by FSC. , offers a range of financial services and products, including Forex, Stocks (Shares), Indices, Commodities, and Cryptos. The broker has a global presence, serving clients in more than 20 countries. Here are the key fees associated with trading on GKFX Prime:. Deposit & Withdrawal Methods: GKFX Prime offers numerous deposit methods for an easier trading experience. Major credit cards, bank transfers, and certain e-wallet payment methods are accepted. Once you start trading, your deposited amount can be used as margin trading in the financial markets. You can withdraw your profits or get back your initial investment anytime you want. Please note that all open trade positions must be closed and settled before requesting a withdrawal. Trading Fees: GKFX Prime charges a commission of 10 USD/lot per day on all positions that are open for more than five consecutive nights. This fee is applicable to certain account types. Spreads: Spreads start at 2.5 pips on certain accounts. However, fixed spreads start at 1.80 pips on the EUR/USD for commission-free trading accounts. Minimum Deposit: There is no minimum deposit required to start trading with GKFX Prime. Please note that the exact fees may vary based on the specific account type and trading instrument. It’s always a good idea to check the latest fee structure on the GKFX Prime website or contact their customer service for the most accurate information. Remember, trading involves risk and it’s important to understand the costs associated with your trading activities.

What can I trade with GKFX Prime?

GKFX Prime offers a wide range of trading products for traders to diversify their portfolio. Here are the key categories:. Forex: GKFX Prime provides over 47 FX currency pairs, including all the majors, most minors and popular exotics. This includes major, minor, and exotic currency pairs from global markets. Indices: You can trade CFDs on popular indices such as the Dow Jones Index in the U.S. or GER40 in Germany. Other indices include the S&P 500. The best thing about trading CFDs for indices is that you can either take a long or a short position in the market and still profit from any price movement. Stocks: GKFX Prime offers the opportunity to trade CFDs for share baskets anytime of the day. Traders can access global stocks such as Facebook, Netflix, and Amazon. Commodities: Diversify your portfolio with Metal and Energy CFDs. Major global commodities include the S&P 500, DAX 30 and FTSE 100. GKFX Prime commodities traders can access popular offerings including gold, silver, and crude oil. Cryptocurrencies: Trade coin CFDs easily. Cryptocurrencies are also part of GKFX Prime’s financial instruments. In terms of product offerings, GKFX Prime is highly competitive. They offer competitive pricing with spreads starting from as low as 0 pips. The broker offers a leverage of up to 1:1000 and has a $50 minimum deposit. GKFX Prime offers multiple account types, including the ECN Zero account, Standard Variable account, Standard Fixed account, and VIP Variable account. Please note that trading involves risk and it’s important to understand the risks involved before you start trading.

Which Trading Platforms are offered by GKFX Prime?

GKFX Prime offers a variety of trading platforms to cater to the diverse needs of traders. Here are the details:. MetaTrader 4 (MT4). : MT4 is one of the most popular trading platforms in the forex market. It offers advanced technical analysis, a flexible trading system, and algorithmic trading tools. MetaTrader 5 (MT5). : MT5 is the successor to MT4, providing traders with access to multiple assets including forex, stocks, and futures. It also includes additional technical indicators and analytical tools. Webtrader. : Webtrader allows users to trade directly from their browser without the need for downloading any software. It’s designed for ease of use while still providing a variety of trading tools. : This is GKFX Prime’s proprietary copy trading platform. It allows traders to copy the trades of experienced traders, making it a good option for beginners or those looking to diversify their trading. ZuluTrade. : ZuluTrade is a third-party social trading platform that allows traders to copy the strategies of successful traders from around the world. AutoTrade. : AutoTrade is another third-party social trading platform available to GKFX Prime clients. It allows traders to follow the strategies of experienced traders, with the aim of replicating their success. Each of these platforms offers unique features and tools, catering to different trading styles and experience levels. Whether you’re a beginner or an experienced trader, GKFX Prime has a platform that can suit your needs. Please note that trading involves risk and isn’t suitable for everyone. Always ensure you understand the risks involved before you start trading.

Which Trading Instruments are offered by GKFX Prime?

GKFX Prime offers a wide range of trading instruments to cater to the diverse needs of traders. Here are the details:. Forex: GKFX Prime provides access to over 50 currency pairs, including major, minor, and exotic pairs. This allows traders to take advantage of the volatility in the forex market and diversify their trading portfolio. Indices: Traders can select from baskets of industry-leading companies and trade CFDs for their stock prices as a group. Popular indices such as the Dow Jones Index in the U.S. or GER40 in Germany are available for trading. The advantage of trading CFDs for indices is that traders can take either a long or a short position in the market and still profit from any price movement. Commodities: GKFX Prime offers commodities trading, including gold, silver, oil, and natural gas. Trading commodities allows traders to diversify their portfolio and hedge against market volatility. Stocks: GKFX Prime offers the opportunity to trade CFDs for share baskets at any time of the day. This provides traders with the flexibility to trade according to their schedule and take advantage of market movements. Cryptocurrencies: GKFX Prime also offers cryptocurrency trading. Traders can trade coin CFDs easily without the need for a digital wallet. In addition to these, GKFX Prime is planning to expand its product range to include more asset classes. This will provide traders with even more opportunities to diversify their trading portfolio and find instruments that suit their trading style and risk tolerance. GKFX Prime is a BVI regulated broker. that offers competitive spreads and a hassle-free withdrawal process. They have executed over 300+ million trades with low latency. and provide 24/5 expert customer support, available in 9 languages. This makes GKFX Prime a reliable and convenient platform for traders worldwide. Please note that trading involves risk and it’s important to understand the risks involved before you start trading. Always trade responsibly.

Which Trading Servers are offered by GKFX Prime?

GKFX Prime, a globally recognized brokerage company, offers a variety of trading servers to cater to the diverse needs of traders in the forex market. MetaTrader 4 and MetaTrader 5 Platforms GKFX Prime provides trading services on the MetaTrader 4 and MetaTrader 5 platforms. These platforms are renowned for their comprehensive features, user-friendly interface, and advanced charting tools, making them a popular choice among forex traders. Virtual Private Server In addition to the MetaTrader platforms, GKFX Prime also offers a Free Virtual Private Server (VPS) for their newly registered clients with a recommended deposit amount. A VPS allows traders to run their trading systems without any kind of interruption, which is crucial for strategies that rely on high-speed trading or round-the-clock market monitoring. Server Name One of the servers offered by GKFX Prime is named "GKFXPrime-Demo-1". This server likely caters to traders who wish to test their strategies in a risk-free environment before transitioning to live trading. Account Types GKFX Prime offers a variety of account types to suit different trading styles. These include the Standard account with up to 1000:1 leverage and spreads from 1.2, the Pro-Leverage account with unlimited leverage and spreads from 1.2, the VIP account with up to 1000:1 leverage and typical spreads from 0.6, and the ECN Zero account with up to 1000:1 leverage and spreads from 1.2. In conclusion, GKFX Prime offers a range of trading servers and account types to accommodate the diverse needs and preferences of forex traders. Whether you’re a beginner testing the waters with a demo account or a seasoned trader seeking advanced features and high leverage, GKFX Prime has options to suit your needs.

Can I trade Crypto with GKFX Prime? Which crypto currencies are supported by GKFX Prime?

Yes, you can trade cryptocurrencies with GKFX Prime. GKFX Prime is a brokerage firm that offers forex and other CFDs to trade. The broker provides over 400 instruments in forex, shares, market indices, commodities, and cryptos. As for the specific cryptocurrencies supported by GKFX Prime, the broker offers only 5 cryptocurrencies for trading, including Bitcoin, Ethereum, and Litecoin. This range is somewhat limited compared to what is available at other brokers. Founded in 2012, GKFX Prime is regulated by the Financial Services Commission of the British Virgin Islands. It offers a leverage of up to 1:1000 to enable traders to take large positions. The broker offers multiple account types, including the ECN Zero account, Standard Variable account, Standard Fixed account, and VIP Variable account. Each account type comes with its advantages and requirements. Regarding trading platforms, GKFX Prime offers MT4/MT5 and also a proprietary copy trading platform. MT4 is the industry standard and is what most brokers and traders prefer. It’s worth noting that GKFX Prime has recently announced its transformation into Trive. As a result of this change, Trive will continue to provide services in the Asia region through Trive International Ltd. Before starting to trade with real money, it’s advised to practice trading with a demo account. It has virtual currency and poses no risk to your capital. You don’t even have to deposit to start practicing. In conclusion, GKFX Prime, now Trive, is a viable platform for trading cryptocurrencies along with a variety of other financial instruments. However, as with any form of investment, potential traders should conduct thorough research and consider seeking advice from financial advisors before beginning to trade.

What is the Leverage on my GKFX Prime Trading Account?

GKFX Prime, an online forex and CFD broker established in 2012, offers a range of trading instruments including forex, indices, commodities, and cryptocurrencies. They provide various account types and trading platforms, including the popular MetaTrader4 and MetaTrader5. The leverage on a GKFX Prime Trading Account can go up to 1:400. However, it’s important to note that the maximum allowed leverage is 1:1000 as long as the equity is under $2,000. This high leverage can provide traders with the potential to make significant profits, but it also comes with increased risk. GKFX Prime offers multiple account types, each with different conditions. For instance, the Standard account offers up to 1000:1 leverage with spreads from 1.2, no minimum deposit, and no commission. The Pro-Leverage account offers unlimited leverage with similar conditions. The VIP account offers up to 1000:1 leverage with typical spreads from 0.6, a $5,000 deposit, and no commission. The ECN Zero account also offers up to 1000:1 leverage with spreads from 1.2, no minimum deposit, and no commission. It’s important to remember that while high leverage can magnify profits, it can also magnify losses. Therefore, it’s crucial to have a solid understanding of leverage and risk management before trading with high leverage. GKFX Prime provides educational resources and customer support in multiple languages to assist traders in this regard. Please note that the specific leverage you can access may depend on your account type, equity, and the specific instrument you are trading. Always check the specific terms and conditions for your account and seek professional advice if necessary. Remember, leverage involves significant risk and isn’t suitable for all investors. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

What kind of Spreads are offered by GKFX Prime?

GKFX Prime, an online forex and CFD broker established in 2012, offers a range of trading instruments including forex, indices, commodities, and cryptocurrencies. They provide traders with various account types and trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms. GKFX Prime is a Straight Through Processing (STP) broker, offering clients direct access to interbank markets without the need for a dealing desk or human intervention. This means that trades are executed instantly and efficiently without any conflict of interest between the broker and the client. In terms of spreads, GKFX Prime offers both fixed and variable spreads as account options to clients. Fixed spreads remain more or less the same, regardless of the market conditions. On the other hand, variable spreads reflect the volatile nature of the Forex markets and can widen or tighten throughout the trading hours. GKFX Prime’s main advantages are their competitive trading conditions, including tight spreads and low commissions, as well as their extensive range of trading instruments and educational resources. However, their lack of regulatory oversight in major jurisdictions and too many complaints from users may be a concern for some traders. For more specific spread offerings, GKFX Prime provides spreads from 0.0. , and leverage up to 1:1000. There is no minimum deposit required. However, spreads start at 2.5 pips on certain accounts, and a commission of 10 USD/lot per day is charged on all positions that are open for more than five consecutive nights. In conclusion, GKFX Prime offers a variety of spreads to cater to different trading needs and strategies. Whether you prefer fixed or variable spreads, GKFX Prime has options to suit your trading style.

Does GKFX Prime offer MAM Accounts or PAMM Accounts?

GKFX Prime, a renowned player in the forex market, offers both Multi-Account Manager (MAM) and Percentage Allocation Management Module (PAMM) accounts. MAM Accounts MAM accounts are designed for expert traders and professional fund managers who are interested in managing multiple trading accounts. These accounts are particularly beneficial for clients who lack trading know-how or time, as they can get a professional fund manager to trade for them. The MAM system at GKFX Prime provides various allocation methods, including Lot Allocation, Percent Allocation, Proportional by Balance Allocation, Equity Percent Allocation, and Lot Multiplier with Volume Fix. PAMM Accounts PAMM accounts, on the other hand, are designed for investors who want to allocate a portion of their funds to be managed by a professional trader. This type of account allows investors to diversify their portfolio by investing in forex without needing to engage in day-to-day trading activities. In conclusion, GKFX Prime offers both MAM and PAMM accounts, catering to a wide range of clients from novice investors to professional fund managers. This flexibility, coupled with their robust trading platform, makes GKFX Prime a preferred choice for many in the forex trading community. Please note that trading in forex involves risk, and it’s important to understand the terms and conditions before opening a MAM or PAMM account.

Does GKFX Prime allow Expert Advisors?

Yes, GKFX Prime does allow the use of Expert Advisors (EA). Expert Advisors are automated trading robots that can be added to the MetaTrader platform. These algorithms are designed by MetaQuotes, the software publisher. In addition to the default algorithms provided by MetaTrader, GKFX Prime also offers top algorithms free of charge. These algorithms are provided by independent industry experts. To install EAs, users need to click on File and Open Data Folder. In the pop-up window, they should go to the subfolder MQL4 (for MT4). After restarting the software, an EA can be added to the chart. A box will pop up that allows users to change the settings of the EA. If users do not wish to allow the EA to start live trading, they should not tick the Allow live trading and Allow DLL imports boxes. It’s important to note that while EAs can automate trading, they should be used with caution. Automated trading involves a significant amount of risk, and it’s crucial to understand these risks before using EAs. Users should also regularly monitor their EAs to ensure they are functioning as expected. In conclusion, GKFX Prime does support the use of Expert Advisors, providing traders with the opportunity to automate their trading strategies. However, as with all trading tools, it’s essential to use them responsibly and with a clear understanding of the associated risks.