FXGiants vs GKFX Broker Comparison

FXGiants vs GKFX Broker Comparison

FXGiants versus GKFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4200+FCA, ASIC
$100MT4300+MFSA

FXGiants versus GKFX Comparison

These are both MetaTrader 4 (MT4) brokers offering a relatively wide range of markets to trade. Both brokers can offer accounts which have raw spreads plus a commission charge, though the minimum deposit for this kind of trading is considerably higher at GKFX. Each broker additionally provides Forex spreads without a commission charge (for which they have the same minimum deposit).

FXGiants is regulated by the FCA in the United Kingdom and the ASIC in Australia. GKFX is regulated by the MFSA in Malta.

Quick comparison

GKFX offers MT4 CFD trading, while FXGiants has a range of MT4 CFD trading account including STP/ECN.

Minimum deposit and account types

The minimum deposit for FXGiants is $100. The minimum deposit for GKFX is $100.

  • FXGiants offers CFD trading on the following account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account, the Absolute Zero STP/ECN account, the STP/ECN 0 Spread account and the Absolute Zero Plus STP/ECN account. The minimum deposit is $100 for the Micro account, $500 for the 0 Fixed spread, STP/ECN No Commission and STP/ECN 0 Spread accounts and $2,500 for the Premium account. The minimum deposit for the Absolute Zero accounts are available on request from the account manager. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The minimum trade size is 0.01 lots.
  • FXGiants's 0 Fixed Spread account offers fixed spreads from 0 plus a commission charge. The STP/ECN 0 Spread account offer variable ECN spreads from 0, with a commission charge. The Absolute Zero account can provide Forex spreads from 0, without a commission charge. FXGiants offers economic news, educational videos and an economic calendar on its website. It also provides a dedicated account manager and a 24/5 dealing hotline.
  • GKFX provides Standard, Premium and Corporate accounts. The minimum deposit for the Standard account is $100. The minimum deposit for the Premium account is $20,000 and the minimum deposit for the Corporate account is $25,000.
  • GKFX offers Trading Central and Autochartist. A free Virtual Private Server (the Welcome VPS) is available to clients with a starting balance of £2,500, T&Cs apply. GKFX additionally provides an Economic Calendar, education and videos on its website.

Markets

  • FXGiants provides 200+ covering Forex, Indices, Metals, Energy, Shares, Soft Commodities and Cryptocurrencies. FXGiants provides 80+ Forex pairs.
  • GKFX offers 300+ covering Forex, Indices, Metals, Energy, Shares, Soft Commodities, Cryptocurrencies and Bonds. GKFX provides 90+ Forex pairs.

Cryptocurrency CFDs

  • FXGiants offers Bitcoin, Ethereum, Litecoin and Ripple.
  • GKFX offers Bitcoin, Ethereum, Litecoin and Ripple.

Spreads and leverage

Both brokers can offer can offer low Forex spreads plus a commission charge. FXGiants can additionally offers Forex spreads from 0.7 without a commission charge. GKFX can offer Forex spreads from 0.6 without a commission charge.

Maximum leverage for FXGiants (FCA regulated) is . Maximum leverage for GKFX is .

Commissions

  • GKFX charges commissions of €6 per lot on its Premium account.
  • FXGiants charges a commission of $13 per lot round trip for its ECN Zero account and does not charge a commission for its ECN No Commission account. On its 0 Fixed Spread account, FXGiants charges a commission from $18 per lot per side.

Online trading platforms

Both brokers offer MT4.

Why FXGiants or GKFX ?

Both of these are MetaTrader 4 (MT4) brokers, thus traders who want to trade on this platform can use either. Each provides account with low Forex spreads plus a commission charge. This is available on GKFX's Premium account, with a minimum deposit of $20,000 and on FXGiants' STP/ECN 0 spread, with a minimum deposit of $500. Traders who want to trade on accounts with no commission charge can do so at either.

Comparison summary

  • Each broker provides CFD trading
  • Both offer MT4
  • Each allows EAs
  • FXGiants has a lower minim deposit for trading with a commission charge

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