GKFX vs ThinkMarkets Comparison - Trading Brokers Comparison

GKFX vs ThinkMarkets Broker Comparison

GKFX versus ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4300+MFSA
NoneMT4, MT5, Trade Interceptor1000+FCA, ASIC, FSCA

GKFX and ThinkMarkets Comparison

Both brokers offer CFD trading and in the UK ThinkMarkets additionally offers spread betting on MT4. ThinkMarkets also provides MT5 CFD trading and in the UK MT5 spread betting. ThinkMarkets offers a relatively large number of markets on MT5 (1000+).

GKFX is regulated by the MFSA in Malta. ThinkMarkets is regulated by the FCA in the United Kingdom, the ASIC in Australia and is licensed by the FSCA in South Africa.

Quick comparison

Both offer MT4. ThinkMarkets also has has Trade Interceptor. ThinkMarkets additionally provides MT5. ThinkMarkets can also offer spread betting in the UK as well as CFD trading.

Account types and minimum deposit

The minimum amount which can be deposited with GKFX is $100. There is no minimum deposit for ThinkMarkets's Standard account, but there is a minimum deposit of £/$500 for the ThinkZero account.

  • 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.
  • ThinkMarkets offers both CFD trading and spread betting. It provides the Standard account and the ThinkZero account. An Islamic account is available. There is no minimum deposit for the Standard account. The minimum deposit for the ThinkZero account is $/£500. The Standard account does not charge commissions, ThinkZero account does charge a commission.
  • ThinkMarkets account types provide 24/6 Live Support and a Free VPS Service, T&Cs apply. The ThinkZero account also offers AutoChartist and an account manager. ThinkMarkets offers Market News, Webinars, an Economic Calendar and Tutorials on its website.

Markets

  • GKFX offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities and Bonds, with 300+ available.
  • ThinkMarkets offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 1000+ available.

Cryptocurrencies

  • GKFX offers Bitcoin, Ethereum, Litecoin and Ripple.
  • ThinkMarkets offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

GKFX can offer Forex spreads from 0.6 without a commission charge, while ThinkMarkets can provide Forex spreads from 0.4 without a commission charge. ThinkMarkets can additionally provide Forex spreads from 0 plus a commission charge.

The maximum leverage for GKFX is . The maximum leverage for ThinkMarkets (FCA regulated) is .

Online trading platforms

GKFX offers MT4 on desktop, tablet and mobile. ThinkMarkets offers Trade Interceptor, MT4 and MT5 on desktop, tablet and mobile. The two brokers offer micro lot trading.

Why GKFX or ThinkMarkets ?

Both provide trading on MT4 and also web traders. Traders who want to trade on MT5 can find this platform at ThinkMarkets. ThinkMarkets's Trade Interceptor is a relatively user friendly platform. ThinkMarkets offers spread betting in the UK on MT4. Each provides CFD trading on all their platforms. Both support the use of automated trading strategies. For its ThinkZero account (which has Forex spreads from 0 pips), ThinkMarkets does have a minimum deposit of $500.

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, ThinkMarkets additionally provides MT4 and MT5 spread betting
  • Both offer MT4
  • ThinkMarkets additionally provides MT5

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