GKFX vs Alpari Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare GKFX vs Alpari.
Does GKFX or Alpari offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Alpari offers better pricing overall for traders.
Is GKFX or Alpari safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. GKFX holds 1 global Tier-1 licenses, while Alpari holds 0. Both GKFX and Alpari hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Alpari (68) earned a higher Trust Score than GKFX (65).
Which trading platform is better: GKFX or Alpari?
To compare the trading platforms of both GKFX and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Alpari offers a better experience. With research, GKFX offers superior market research. Finally, we found Alpari to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both GKFX and Alpari offer MetaTrader 4 (MT4).GKFX and Alpari both offer copy trading.
How many forex pairs and CFDs are available to trade?
GKFX provides traders 47 currency pairs (e.g., EUR/USD) compared to Alpari's 46 available pairs. Forex pairs aside, GKFX offers traders access to 354 CFDs while Alpari has 105 available CFDs, a difference of 249.
Can I trust GKFX?
GKFX is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). GKFX is authorised by the following Tier-1 regulators: European Union Authorized (MiFID).
Can I trust Alpari?
Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).
Is GKFX good?
GKFX is a MetaTrader-only broker that is only licensed in the EU, via its MFSA-regulated Malta entity, which is why it's Trust Score is lower than other brokers that hold multiple licenses in top-tier regulatory hubs. Otherwise, GKFX does offer competitive pricing on its Prime Plus account, if you can afford the $15,000 deposit.
Is Alpari good?
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
Overall winner: GKFX
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.