Admiral Markets vs GKFX

Admiral Markets vs GKFX Comparison Table 2024
Admiral Markets GKFX
3.5
2.5

Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.

GKFX is an online forex and CFD broker founded in 2013. Based in Malta, the firm operates in multiple locations around the world, namely the Middle East and Asia. Traders can access over 150 markets on the MetaTrader 4 (MT4) platform, with leverage up to 1:30. GKFX is regulated by the Malta Financial Services Authority (MFSA).

Comment by Reviewer
"Admirals is a good pick for novice-to-intermediate traders that want a trustworthy, regulated broker with access to a wide range of markets with tight spreads and no commission." "After thoroughly testing the Standard account, I’m happy to recommend GKFX to beginners or intermediate traders looking to trade exclusively on the MT4 platform. The €100 minimum deposit should be accessible for most traders and there’s a good range of additional tools for experienced analytical traders."
Pros
  • Low minimum deposit from $100
  • MetaTrader 4 platform and app integration
  • Copy trading service with easy account controls
  • Full range of investments including cryptos and spread betting
  • Demo account to test the broker before real-money trading
  • Admirals is a multi-regulated broker with a long list of industry awards and accolades
  • Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders
  • The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners
  • I found GKFX’s trading conditions were relatively competitive compared to other brands. Minimum spreads are low, starting from 0.6 pips for EUR/USD, plus there are zero commissions in the Standard account
  • I was pleased to see some excellent additional tools on offer alongside the MT4 platform, including Trading Central analysis and Autochartist. There’s also a VPS service for experienced traders
  • There’s a decent range of payment methods available, from bank wire to e-wallets like Neteller and Skrill. Most methods are also processed instantly
  • I feel reassured that GKFX is regulated in the EU by the MFSA and is also fully compliant with ESMA regulations
Cons
  • Monthly inactivity fee
  • US traders not accepted
  • The demo account expires after 30 days
  • Whilst MT4 is an excellent platform, some traders may feel restricted by the lack of choice. Many brokers will offer at least one other third-party platform or even a proprietary solution
  • I think the broker’s range of assets isn’t as wide as many competitors and it would have been good to see more global stocks on offer
  • I’m disappointed that most deposit methods come with fees starting from 1%. Most brokers will offer free deposits
Awards
  • Best Education & Training (Germany) - 2020
  • Best Forex Broker (Spain) - 2020
  • Best Forex Company - 2019
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 €100
Trading Platforms
  • MT4
  • MT5
  • TradingCentral
  • MT4
  • AutoChartist
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, ASIC, JSC MFSA
Margin Trading
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
Copy Trading Platform
Admiral Markets offers an intuitive copy trading solution where subscribers can mirror the strategies of proven investors while setting their own stop loss and take profit limits in line with their risk appetite.
Social Trading
Yes Yes
Trade Signals
Yes (MetaQuotes) Yes (GKFX Prime)
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • CHF
  • CZK
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs. GKFX’s collection of CFDs spans forex, indices, commodities, cryptocurrencies and stocks with just a €100 minimum deposit and zero commissions in the Standard account. I was pleased to see some additional tools to enhance the CFD trading experience, including Trading Central insights, chart analytics by Autochartist, and a VPS service.
Leverage
1:30 (EU), 1:500 (Global) 1:5
FTSE Spread
0.8 1
GBPUSD Spread
1.3 0.7
Oil Spread
0.03 0.03
Stocks Spread
0.5 Variable
Forex Trading
Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading. I was impressed with GKFX’s above-average range of 50+ currency instruments covering major, minor and exotic pairs. I found spreads were also pretty reasonable, starting from 0.6 pips for EUR/USD. Sensible leverage is available up to 1:30 as per MiFID guidelines, and I appreciate the margin, profit and currency calculators available on the website.
GBPUSD Spread
1 0.7
EURUSD Spread
0.6 0.6
EURGBP Spread
1 1.4
Assets
50 50+
Currency Indices
  • USD
Cryptocurrency
Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options. I found just a handful of crypto pairs available to trade at GKFX, which is quite limited compared to some similar brokers. Leverage is available up to 1:2 and there’s also a demo account with up to $100,000 in virtual funds for those who want to practice their crypto strategies risk-free.
Spread
1% Variable
Coins
  • BTC
  • BCH
  • DSH
  • EOS
  • ETC
  • ETH
  • LTC
  • XLM
  • XMR
  • XRP
  • ZEC
  • BTC
  • LTC
  • ETH
  • XRP
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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