GKFX vs FXOpen Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare GKFX vs FXOpen.
Does GKFX or FXOpen 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, GKFX
offers better pricing overall for traders.
Is GKFX or FXOpen 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. Both GKFX and FXOpen hold [Variable A] global Tier-2 licenses.
Which trading platform is better: GKFX or FXOpen?
To compare the trading platforms of both GKFX and FXOpen, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXOpen offers a better experience. With research, GKFX offers superior market research. Finally, we found FXOpen 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 FXOpen offer MetaTrader 4 (MT4).GKFX and FXOpen 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 FXOpen's 25 available pairs. Forex pairs aside, GKFX offers traders access to 354 CFDs while FXOpen has 87 available CFDs, a difference of 267.
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).
Can I trust FXOpen?
FXOpen is not a publicly traded company, doesn't operate a bank, and is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FXOpen is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is GKFX good?
Is FXOpen good?
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
Overall winner: GKFX
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