AAAFx vs GKFX Comparison

Compare AAAFx vs GKFX

AAAFx versus GKFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP55+HCMC
$20MT4, Sirix500+FCA

AAAFx and GKFX Comparison

AAAFx is an ECN CFD broker, it offers low spreads plus a commission charge. GKFX is not an ECN broker, rather offers CFD trading and spread betting.

Both brokers provide MT4, GKFX also offers this platform for spread betting. They provide other platforms as well: the ZTP web trader in the case of AAAFx and Sirix in the case of GKFX. Each has a range of cryptocurrency CFDs (and for spread betting in the case of GKFX).

GKFX is regulated by the FCA in the United Kingdom, AAAFx is regulated by the HCMC in Greece.

Quick comparison

AAAFx is an ECN CFD broker. GKFX offers spread betting in the UK and CFD trading. Both have MT4 and web traders.

Minimum deposit and account types

The minimum deposit for AAAFx is $300 or €250 or £200 or ¥35,000 or AU$370. The minimum amount which can be deposited with GKFX is $/£20.

  • AAAFx offers an Islamic account. For deposits higher than $100,000, AAAFx provides Institutional accounts, which have lower commission charges.
  • GKFX provides Spread Betting, Fixed and Variable spread CFD accounts, Swap Free, VIP and Corporate accounts. The minimum deposit for the VIP/Corporate accounts is $25,000.
  • Trading Central is available to GKFX clients who deposit at least $1000. A free Virtual Private Server (the Welcome VPS) is available to clients with a starting balance of £1,600, T&Cs apply. GKFX also provides MarketInsights on the website, which includes technical studies, Trader's Sentiment, articles, a weekly view, a news feed, and a set of analysis tools including a Heat Map of changes in value for products and an Economic Matrix of figures for various economies. There is also trader's education in the form of course, videos, webinars and tutorials.

Markets

  • AAAFx provides Forex pairs, Indices, Energy, Metals, Cryptocurrencies and Bonds, with 55+ on offer.
  • GKFX offers Forex pairs, Indices, Energy, Metals, Cryptocurrencies, Bonds, Soft Commodities and Stocks, with 500+ on offer.

Cryptocurrency CFDs

  • AAAFx offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
  • GKFX offers Bitcoin, Ethereum, Litecoin, Ripple and Dash.

Spreads and leverage

  • Spreads at AAAFx are variable and typical spreads are from 0.3 for EUR/USD, 1 for UK100, 0.34 for Gold and 0.035 for US Oil.
  • GKFX offers both fixed and variable spreads for CFD trading. Its lowest spreads are on the VIP account, which has EUR/USD spreads from 0.6. For the Fixed Spread account EUR/USD spreads are 1.8 and on the Variable account EUR/USD spreads are from 1.2. For the Fixed, Variable and VIP account types, UK100 spreads are from 1 and US Crude Oil spread are from 0.05. For the Fixed account, Gold spreads are 0.50 and for the Variable accounts, Gold spreads are from 0.30 and for the VIP account Gold spreads are from 0.20.
  • Spread Betting spreads at GKFX are fixed, at 0.7 for EUR/USD, 0.9 for UK100, 0.30 for Gold and 0.03 for US Crude Oil.

Maximum leverage for AAAFx is . Maximum leverage for GKFX is .

Commissions

  • AAAFx charges a commission of $10 per lot per side for Forex and $8 for CFDs. It is possible to request no commissions trading, with a resulting increase in spreads. The Institutional account charges commissions of $3 per lot per side for transaction where USD is the currency base.
  • GKFX does not charge commissions.

Platforms

AAAFx offers MT4 and the ZTP web trader. Both platforms offer support for trading automation. GKFX offers MT4, an MT4 web trader and the Sirix platform. Both brokers provide micro lot trading.

Why AAAFx or GKFX ?

Traders who want to trade on MetaTrader 4 (MT4) can find this platform at either broker. While each broker offers CFD trading, in the UK GKFX additionally provides spread betting. Both brokers offer web traders: GKFX provides the Sirix web trader while AAAFx offers ZTP.

Comparison summary

  • AAAFx provides tight variable spreads with a commission charge
  • GKFX offers both fixed and variable spreads
  • GKFX can offer tight variable spreads on its VIP account
  • GKFX can offer low fixed spreads for spread betting
  • Both brokers provide MT4
  • AAAFx also provides ZTP, GKFX also offers Sirix
  • GKFX can offer more CFDs
  • AAAFx is an ECN broker
  • Both provide CFD trading, GKFX also offers spread betting
  • AAAFx is regulated by the HCMC, GKFX is regulated by the FCA

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