GKFX Journal (Broker rebranded)

Journal status: closed
GKFX rebranded
GKFX Profile
Website
www.gkfx.eu (rebranded to www.trive.com)
Year
2013
Country
Malta
Branches
15
Regulation
MFSA Malta
Registration
MFSA Malta, FCA UK, BaFin Germany, CNMV Spain, AFM Netherlands, CONSOB Italy, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Hong Kong, Iran, Israel, Japan, Singapore, Turkey, US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
73 ms
LPs total
3
LPs quality
Tier-1 PoPs, Other
LPs names
ADS Securities, CMC Markets, Sucden Financial

GKFX Accounts
STP
DMA
Minimum Deposit
200 €
25000 €
Leverage
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
0.6 pips
0 pips
Commission
0 $/lotRT
12 $/lotRT
Volume
100 lots
100 lots
Margin Call
50 %
50 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Sofort
Base currency
EUR, USD, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 72 months
Update broker

Is GKFX safe?

  • Investor protection: no
  • Regulation: MFSA Malta
  • Registration: MFSA Malta, FCA UK, BaFin Germany, CNMV Spain, AFM Netherlands, CONSOB Italy, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is GKFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • GKFX website: highly detailed, updated ★★★★★
  • GKFX popularity (by visitor count): low visits ★★

How GKFX works



At present, GKFX are able to select from a wide range of execution venues, including Sucden Financial, CMC Markets, and ADS Securities among others.


SCALPING POLICY
Scalping is a trading strategy which is considered as an unacceptable practice, if used to return profits by taking advantage of internet latencies, delayed prices or through high volumes of transactions targeting tick fluctuations (rather than price movements) where trades are opened and closed very quickly. Such trading behaviour is considered a breach of our Terms of Business..

Please be advised that all trading activity is monitored, and in the event it is identified that you are Scalping we reserve the right to close your account with immediate effect. GKFX will not be held liable for any losses incurred.


All Trades will be entered into on a match-principal, non-advised and execution only basis.

‘Best Execution’ means the steps taken by the Company to obtain the best possible result on behalf of its Clients either when executing Client orders or receiving and transmitting orders for execution;

Placing an Order does not guarantee that a CFD Margin Trade will be entered into as the LP reserve the right to reject your Order without any explanation. A record of any executed or rejected Orders can be accessed through our Platform.



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