Moneta Markets 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 Moneta Markets vs GKFX.
Does Moneta Markets 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, Moneta Markets offers better pricing overall for traders.
Is Moneta Markets 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. Both Moneta Markets and GKFX hold 1 global Tier-1 licenses. Moneta Markets holds 1 global Tier-2 licenses, while GKFX holds 0. In our analysis of 23 international regulators across 50 brokers, Moneta Markets (72) earned a higher Trust Score than GKFX (65).
Which trading platform is better: Moneta Markets or GKFX?
To compare the trading platforms of both Moneta Markets and GKFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Moneta Markets offers a better experience. With research, GKFX offers superior market research. Finally, we found Moneta Markets 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 Moneta Markets and GKFX offer MetaTrader 4 (MT4).Moneta Markets and GKFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
Moneta Markets provides traders 54 currency pairs (e.g., EUR/USD) compared to GKFX's 47 available pairs. Forex pairs aside, Moneta Markets offers traders access to 1016 CFDs while GKFX has 354 available CFDs, a difference of 662.
Can I trust Moneta Markets?
Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one Tier-1 regulator (high trust), one Tier-2 regulator (average trust), zero Tier-3 regulator (low trust), and one Tier-4 regulator (High Risk). Moneta Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).
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).
Is Moneta Markets good?
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
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: Moneta Markets
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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.