GKFX vs Markets.com Comparison

GKFX vs Markets.com Broker Comparison

GKFX versus Markets.com Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$20MT4, Sirix500+FCA
$100MT4, Web Trader & Apps, MT52000+CySEC, ASIC, FSCA

GKFX and Markets.com Comparison

Both of these brokers can offer fixed spreads, while GKFX can also provide variable spreads. GKFX also offers spread betting. Both brokers provide a range of account types which can offer different features. GKFX's VIP account can provide lower variable spreads. GKFX is regulated by the FCA in the United Kingdom. Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa.

Quick comparison

GKFX: MT4, Sirix, spread betting (in the UK) and CFD trading. Markets.com: MT4, MT5, Web Trader and apps, CFD trading.

Account types and minimum deposit

The minimum deposit for GKFX is $/£20. The minimum deposit for Markets.com is $100.

  • 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. The minimum trade size is 0.01 lots for CFDs and 0.10p for spread betting.
  • Markets.com provides three account types, Classic, Standard and Premium, depending on the deposit, and an Islamic account. The minimum initial deposit is $100 for the Classic and Islamic accounts, $2,500 for the Standard account and $20,000 for the Premium account.
  • All three Markets.com account types come with daily analysis, tutorials, customer support and webinars. The Standard account also comes with a dedicated account manager, SMS news and signals, and premium daily analysis. Markets.com's Premium account also comes with premium customer support. The minimum trade size is 0.01 lots (micro lot).

Markets

  • GKFX offers 500+ covering Forex, Indices, Metals, Energy, Cryptocurrencies, Stocks, Soft Commodities and the Bund.
  • Markets.com offers 2000+ CFDs covering Forex, Indices, Metals, Energy, Cryptocurrencies, Stocks, Soft Commodities, Bonds and ETFs.

Cryptocurrency CFDs

  • GKFX offers Bitcoin, Ethereum, Litecoin, Ripple and Dash.
  • Markets.com offers Bitcoin Futures, Ethereum, Litecoin, Ripple, Dash and Bitcoin Cash.

Spreads and leverage

  • GKFX provides 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.
  • Markets.com's web trader spreads are fixed under normal market conditions, from 2 pips for EUR/USD, 1.2 for UK100, 0.70 for Gold and 0.03 for US Crude Oil.
  • Markets.com's MT4 spreads are fixed under normal markets conditions, from 3 pips for EUR/USD, 2 for UK100, 0.70 for Gold and 0.05 for US Crude Oil.

The maximum leverage for GKFX is . The maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is .

Platform

GKFX and Markets.com offer MT4. GKFX also provides an MT4 web trader and Sirix. Markets.com also offers a WebTrader, which has 90 technical indicators and MT5. These platform are available on desktop, tablet and mobile.

Comparison summary

  • GKFX and Markets.com provide fixed spreads
  • GKFX additionally offers variable spreads
  • GKFX offers fixed spread spread betting
  • Markets.com can provide more CFDs
  • Both brokers provide a range of account types
  • Each has MT4
  • GKFX also provides Sirix
  • Markets.com also offers MT5 and a web trader and apps

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