XTB 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 XTB vs GKFX.
Does XTB 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, XTB offers better pricing overall for traders.
Is XTB 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. XTB holds 2 global Tier-1 licenses, while GKFX holds 1. XTB holds 2 global Tier-2 licenses, while GKFX holds 0. In our analysis of 23 international regulators across 50 brokers, XTB (96) earned a higher Trust Score than GKFX (65).
Which trading platform is better: XTB or GKFX?
To compare the trading platforms of both XTB and GKFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XTB offers a better experience. With research, XTB offers superior market research. Finally, we found XTB 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 XTB and GKFX offer MetaTrader 4 (MT4).XTB and GKFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
XTB provides traders 57 currency pairs (e.g., EUR/USD) compared to GKFX's 47 available pairs. Forex pairs aside, XTB offers traders access to 6010 CFDs while GKFX has 354 available CFDs, a difference of 5656.
Can I trust XTB?
XTB is a publicly traded company that is authorised by two tier-1 regulators (highly trusted), two tier-2 regulators (trusted), zero one tier-3 regulators (average risk), and zero tier-4 regulators (high risk). XTB is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and European Union Authorized (MiFID)
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 XTB good?
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTBโs offers comprehensive educational content and market research.
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: XTB
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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.