GKFX vs ITRADER Comparison

GKFX vs ITRADER Broker Comparison

GKFX versus ITRADER
Trade Now >>Minimum DepositTrading PlatformsMarketsRegulated
$20MT4, Sirix500+FCA
$250MT4200+CySEC

GKFX and ITRADER Comparison

Both of these brokers offer MT4 and Forex trading, and also offer other markets to trade. GKFX does not have a minimum deposit requirement. ITRADER can provide variable spread CFD trading. GKFX can offer both fixed and variable spread accounts for CFD trading, and fixed spreads for spread betting. GKFX is regulated by the FCA in the United Kingdom, while ITRADER is regulated by the CySEC in Cyprus.

Account types and minimum deposit

The minimum deposit for GKFX is $/£20. The minimum deposit for ITRADER is $250.

  • 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.
  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. An Islamic account is available.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.

Markets

  • GKFX offers Currency Pairs, Indices, Energy, Metals, Stocks, Soft Commodities, Cryptocurrencies and the Bund.
  • ITRADER offers Currency Pairs, Indices, Energy, Metals, Stocks, Soft Commodities and Cryptocurrencies.

GKFX offers more markets, with 500+, versus 200+ for ITRADER.

Cryptocurrency CFDs

  • GKFX offers Bitcoin, Ethereum, Litecoin, Ripple and DASH.
  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Cash ABC, Bitcoin Gold, Ethereum Classic, Monero, Cardano, Bitcoin SV, IOTA, Lisk, NEO, Qtum, Siacoin, Tether, NEM, Stellar, Zcash, Verge, WAVES, TRON and Golem.

Spreads and leverage

  • 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.
  • ITRADER offers variable spreads, which can vary depending on account type. On ITRADER's Silver account, EUR/USD spreads are from 2.2, UK100 from 2, Gold from 0.59 and US Crude Oil from 0.07. On ITRADER's Platinum account, EUR/USD spreads are from 0.7, UK100 from 1, Gold from 0.37 and US Crude Oil from 0.03.

The maximum leverage for GKFX is . The maximum leverage for ITRADER is .

Platform

GKFX offers MT4 on desktop, tablet and mobile, an MT4 webtrader and the Sirix platform. ITRADER offers MT4 and an MT4 webtrader. The two brokers offer micro lot trading.

Comparison summary

  • GKFX can offer variable spreads for CFD trading
  • GKFX can also offer fixed spreads for CFD trading
  • GKFX's tightest variable spreads are on its VIP account
  • GKFX can also provide low fixed spreads for spread betting
  • ITRADER has variable spreads
  • ITRADER's tightest spreads are on its Platinum account
  • Both brokers provide MT4 and an MT4 webtrader
  • GKFX does not have a minimum deposit requirement
  • GKFX is regulated by the FCA, ITRADER is regulated by the CySEC

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