Eightcap vs GKFX 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 Eightcap vs GKFX.
Does Eightcap or GKFX 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, Eightcap
offers better pricing overall for traders.
Is Eightcap or GKFX 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. Eightcap holds 2 global Tier-1 licenses, while GKFX holds 0. Both Eightcap and GKFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Eightcap earned a higher Trust Score than GKFX.
Which trading platform is better: Eightcap or GKFX?
To compare the trading platforms of both Eightcap and GKFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Eightcap offers a better experience. With research, GKFX offers superior market research. Finally, we found Eightcap 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 Eightcap and GKFX offer MetaTrader 4 (MT4).Eightcap and GKFX 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 Eightcap's 42 available pairs. Forex pairs aside, Eightcap offers traders access to 736 CFDs while GKFX has 354 available CFDs, a difference of 382.
Can I trust Eightcap?
Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).
Can I trust GKFX?
GKFX is not publicly traded, does not operate a bank, and is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).
Is Eightcap good?
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins and access to Capitalise.aiโs algorithmic trading platform.
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.
Overall winner: Eightcap
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We review each brokerโs overall global offering โ a โYesโ 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.