WikiFX Review: The Truth Behind GKFX Prime

WikiFX | 2022-10-17 16:30

Abstract：According to the report, many investors feel irritated by GKFX Prime. In this article, we will commit to exploring the truth behind this broker.

About GKFX Prime

Founded in 2010, GKFX Prime is a forex and CFD broker, offering more than 500 products and 24/5 customer support. GKFX Prime offers investors access to popular financial instruments, mainly Forex, Commodities, Indices, Stocks, and Cryptocurrencies.

Regulation

The Virgin Islands FSC regulatory with license number: SIBA/L/14/1066 is an offshore regulatory. WikiFX has given this broker a fairly low rating of 2.27/10.

Accounts Types & Leverage

GKFX Prime offers investors three different types of accounts: Floating-Standard Accounts (minimum deposit of $200/€/£), Floating-VIP Accounts (minimum deposit of $10,000/€/£), and ECN Zero Accounts (minimum deposit of $200/€/£). The leverage is up to 1:1000 for the Floating-Standard account, 1:200 for the Floating-VIP account, and 1:1000 for the ECN Zero account.

Spreads & Commissions

Floating-Standard accounts have spread as low as 0.9 pips and have no commissions. Floating - VIP accounts have spread as low as 0.6 pips and no commissions, ECN zero spread accounts have spread as low as 0.0 pips and commissions of $10 per lot for forex trading and $15 per lot for gold and silver trading.

Trading Platform

GKFX Prime provides traders with MT4, and MT5 trading platforms, PAMM platforms, and MAM multi-account platforms to meet a wide range of trading needs.

There are a lot of options on trading platforms when investing in GKFX Prime. This broker provides clients with a variety of trading platforms, such as MT4, MT5, PAMM platform, and MAM multi-account platforms.

Exposure

As of October 17, 2022, WikiFX has received more than 30 complaints from traders against this broker. Most of the victims are located in Taiwan. And the problem that they are frustrated with the most is withdrawal rejection. And GKFX Prime even asked for more fees if the victims insist on withdrawing.

Conclusion

Due to the prevalence of disrepute behavior in the forex industry, GKFX Prime is not a wise choice for people who want to enhance their trading results. We advise traders to stay away from this broker as it has a bad track record of fraudulently taking away peoples money.

If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself. If you have any problems with this broker, please do not hesitate to contact WikiFX. The global customer service of WikiFX is +234-706 777 7762 on WhatsApp. Or you can call +65-31290538. We are willing and ready to help you out.

If you want to know more info about this broker, you can check this article via this link. www.wikifx.com/en/newsdetail/202202179254373593.html

Broker Forex trading Forex Broker

Related broker

Unverified

GKFX Prime

Company name：International Finance House Ltd

Score

1.62

Website：https://www.gkfx-primeasia.com

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.62

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