AvaTrade vs GKFX 2023

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, AvaTrade offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. AvaTrade holds 4 global Tier-1 licenses, while GKFX holds 1. AvaTrade holds 3 global Tier-2 licenses, while GKFX holds 0. In our analysis of 23 international regulators across 50 brokers, AvaTrade (94) earned a higher Trust Score than GKFX (65).

To compare the trading platforms of both AvaTrade and GKFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, AvaTrade offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both AvaTrade and GKFX offer MetaTrader 4 (MT4).AvaTrade and GKFX both offer copy trading.

AvaTrade provides traders 55 currency pairs (e.g., EUR/USD) compared to GKFX's 47 available pairs. Forex pairs aside, AvaTrade offers traders access to 1260 CFDs while GKFX has 354 available CFDs, a difference of 906.

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), the European Union via MiFID, and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Canadian Investment Regulatory Organization (CIRO).

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).

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2022.

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.