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GKFX - formerly known as Smart Live Financial Services Ltd is an UK based online trading platform offering spread betting and trading services in foreign exchange and CFDs on the Meta Trader 4 (MT4) platform which is available on mobile and desktop.
GKFX was established in 2008, and are regulated by the Financial Conduct Authority (FCA).
GKFX offer clients a choice between five account types:
Micro account: This has no minimum initial deposit requirement, fixed spread, and a minimum trade lot size of 0.01.
Standard account: This has no minimum initial deposit requirement and a trade lot size of 0.1.
Variable account: This has variable spread, no minimum initial deposit requirement and minimum trade lot size of 0.1.
Swap Free Standard account: This had no minimum initial deposit requirement, and fixed spread.
VIP account: This has a minimum initial deposit requirement of $25,000, variable spread, and a minimum trade lot size of 1.
They offer spreads ranging from 1.2 pips to 2.5 pips as well as a maximum leverage of 1:400.
Deposits and withdrawals can be made by means of bank transfers, credit or debit cards, as well as eWallets such as PayPal, WebMoney or Neteller.
Forex, Spread Betting, CFD
Currencies, Indices, Commodities, Equities
iOS, Android and Windows
GKFX offer clients a wide choice of accounts including no commission fixed accounts to variable spread low commission accounts. GKFX offer various platforms including the popular MT4 platform. GKFX allow traders on the MT4 platform to use expert advisors for automated trading and allow both hedging and scalping for clients. They offer a wide range of risk management features including trailing stops, limit orders and price alerts.
GKFX offer clients a VPS account for those with a minimum balance of $4,000/£1,600, for other forex brokers that offer VPS accounts, check out the full list here.
GKFX do not offer Halal accounts for traders however, you can find a list of the forex brokers that offer swap free accounts here. The GKFX platform is currently only available in English, traders that require a trading platform that supports other languages such as Dutch or Deutsch, will have to consider other brokers like Plus500 who offer their platform in multiple languages.