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Do you want to know which is the better broker between capital.com and GKFX Prime ?
In the table below, you can compare the features of capital.com , GKFX Prime side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of capital-com, gkfx-prime lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
capital.com Review Summary in 10 Points | |
Founded | 2016 |
Registered Country/Region | Cyprus |
Regulation | ASIC, CYSEC, FCA, NBRB |
Market Instruments | 3700+, commodities, indices, cryptocurrencies, stocks, forex, ETFs |
Demo Account | Available |
Leverage | 1:30 |
EUR/USD Spread | 0.6 pips |
Trading Platforms | Mobile App, CFD Trading App, Desktop Trading, Capital.com API, MetaTrader 4, TradingView |
Minimum deposit | 20 USD/EUR/GBP or 100 PLN |
Customer Support | 24/7 multilingual, live chat, phone, email, social media, Help Center |
capital.com is a CFD (Contracts for Difference) broker registered in Cyprus and well regulated by a number of regulators. The broker offers access to various markets, including Forex, commodities, indices, shares, cryptocurrencies, and ESG on MT4 and other trading platforms. The platform offers a variety of trading tools and educational resources to help traders improve their skills and knowledge.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
capital.com offers a user-friendly and comprehensive trading experience with a wide range of markets and instruments, competitive spreads, and a variety of trading platforms. The platform also provides extensive educational resources and trading tools. Additionally, capital.com has no deposit or withdrawal fees, and there are multiple payment methods available. However, overnight funding and guaranteed stop premiums can add to the cost of trading, and some traders may prefer more trading platforms and account types.
Pros | Cons |
• Regulated by ASIC, CYSEC, FCA, NBRB | • Negative reviews and complaints |
• Offers a wide range of trading instruments | • No MetaTrader 5 |
• Demo accounts available | • Limited research tools |
• User-friendly and intuitive trading platforms | • Overnight funding charges and guaranteed stop premiums |
• Multiple account types and funding methods | • Limited info on accounts and deposits & withdrawals |
• No deposit and withdrawal fees | |
• Offers negative balance protection and guaranteed stop-loss | |
• No funding fees, commission, or inactivity fees |
There are many alternative brokers to capital.com depending on the specific needs and preferences of the trader. Some popular options include:
Forex.com - a regulated and reputable broker with a comprehensive range of trading tools and educational resources;
IC Markets - offers low spreads and fast execution speeds with a variety of trading platforms;
TMGM - offers competitive spreads and fees with a user-friendly trading platform.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Capital.com is a legitimate and regulated online trading platform. It is authorized and regulated by the Australia Securities & Investment Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the National Bank of the Republic of Belarus (NBRB). It also follows strict regulatory requirements, including holding client funds in segregated accounts and providing negative balance protection. However, there are also some negative reviews from their clients complaining that they are unable to withdraw.
Capital.com offers a wide range of market instruments for CFD trading, including Forex, Indices, Commodities, Shares, Cryptocurrencies and ESG. The Forex category includes major, minor and exotic currency pairs. The Indices category covers global indices such as the US 500, UK 100, and Germany 30. In the Commodities category, traders can trade on precious metals such as gold and silver, energy products such as oil and gas, and agricultural products such as wheat and corn. The Shares category offers CFD trading on popular global companies such as Apple, Amazon, and Google. Capital.com also offers CFD trading on a variety of cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as ESG (Environmental, Social and Governance) trading, which focuses on socially responsible investments.
Demo Account: Up to 100,000 virtual dollars and you can use your demo account for trading as long as you wish.
Live Account: capital.com does not provide much real account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.
The maximum leverage offered by capital.com is only 1:30, which may seem too low to you. In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.
Capital.com offers variable spreads on its various trading instruments, which means the spreads can widen or narrow based on market conditions. The spreads for each instrument are transparently displayed on the website and can be easily monitored in real-time using the platform's trading tools. As for commissions, capital.com does not charge any commissions for its CFD trading services. Instead, it makes money by incorporating a small markup on the spread, which is known as the “buy-sell spread.” This allows traders to have greater visibility and transparency into their trading costs.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
capital.com | 0.6 pips | No |
Forex.com | 1.2 pips | No |
IC Markets | 0.1 pips | $7 round turn |
TMGM | 0.0 pips | $7 round turn |
Note: Spreads can vary depending on market conditions and volatility.
Capital.com offers a variety of trading platforms to cater to the needs of different traders. The platforms include mobile apps, CFD trading app, desktop trading, Capital.com API, MetaTrader 4, and TradingView. The mobile apps are available on both iOS and Android devices, providing access to real-time market data, charts, and trading opportunities. The CFD trading app offers an intuitive interface for fast and easy trading. The desktop trading platform provides advanced features for experienced traders. The Capital.com API enables third-party developers to access Capital.com's trading infrastructure, while MetaTrader 4 and TradingView are popular platforms that offer a range of technical analysis tools and customization options.
Broker | Trading Platforms |
capital.com | Mobile App, CFD Trading App, Desktop Trading, Capital.com API, MetaTrader 4, TradingView |
Forex.com | MetaTrader 4, FOREX.com Web Trading Platform |
IC Markets | MetaTrader 4, MetaTrader 5, cTrader, WebTrader |
TMGM | MetaTrader 4, TMGM WebTrader |
Capital.com offers a range of trading tools to help its clients make informed trading decisions. The trading calculator is one such tool that allows traders to calculate the potential profits and losses of a trade before placing it. Other tools include an economic calendar, market news, and an education section with a range of guides and tutorials for traders of all levels.
Capital.com offers a variety of payment methods for both deposits and withdrawals, including apple pay, VISA, MasterCard, wire transfer, PCI, worldpay, RBS, and trustly. One of the main advantages of Capital.com's deposit and withdrawal system is that there are no fees associated with either process. This means that traders can deposit and withdraw funds as frequently as needed without incurring any additional costs.
capital.com | Most other | |
Minimum Deposit | 20 USD/EUR/GBP or 100 PLN | $100 |
To withdraw funds from your capital.com account, follow these steps:
Step 1: Log in to your account on capital.com
Step 2: Click on the “Withdraw” button, located in the “Funds” section
Step 3: Choose the payment method you prefer and enter the amount you want to withdraw
Step 4: Submit your withdrawal request
Please note that capital.com may require additional verification steps before processing your withdrawal request. The processing time for withdrawals can vary depending on the payment method you choose, but typically range from a few hours to a few business days.
Capital.com's fee structure is designed to be transparent and competitive. The broker charges spreads on its trading instruments, which vary depending on market conditions and liquidity. More details can be found in the table below:
Opening/Closing an account | Free |
Demo account | Free |
Inactivity fee | 10 USD or its equivalent if any other currency |
Deposit & withdrawal fee | Free |
Overnight fee | The fee will either be paid or received, depending on whether you are long or short. |
Currency conversion | Free |
Guaranteed stops | The GSL fee varies depending on the market you are trading, the positions open price and the quantity. |
Below are the details about the customer service.
Languages: English, German, Italian, Portuguese, Arabic, Romanian, Vietnamese, Russian, Thai, Chinese, Spanish, Malay, French, Czech, Polish, Danish, etcetera.
Service Hour: 24/7
Live chat
Email: support@capital.com
Phone: +44 20 8089 7893
Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter
Help Center
Overall, capital.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• 24/7 live chat | • No dedicated account manager for all users |
• Multilingual customer support | • No community forums for users to engage with each other |
• Helpful and knowledgeable representatives | |
• Comprehensive online help center with frequently asked questions |
Note: These pros and cons are subjective and may vary depending on the individual's experience with capital.com's customer service.
Capital.com provides a comprehensive educational section on their website, called the “Learning Hub”, where traders can find various materials to improve their trading skills and knowledge. They offer a wide range of educational resources, including articles, videos, webinars, and courses on various trading topics, such as technical analysis, risk management, and market psychology. Additionally, they have a section dedicated to market guides, where traders can learn more about specific markets, and a section for trading strategies guides, where traders can find useful tips and strategies to enhance their trading performance. Overall, Capital.com's educational resources are quite extensive and can be helpful for traders of all levels.
On our website, you can see that some users have reported unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
In conclusion, capital.com is a reputable online broker with a wide range of market instruments, low fees, and a variety of user-friendly trading platforms. The company offers free deposits and withdrawals with multiple payment methods, as well as educational resources to help traders of all levels. However, there are some negative reviews and complaints from their users. Overall, capital.com is a good choice for traders seeking a comprehensive and user-friendly trading experience.
Q 1: | Is capital.com regulated? |
A 1: | Yes. It is regulated by SIC, CYSEC, FCA, and NBRB. |
Q 2: | Does capital.com offer demo accounts? |
A 2: | Yes. Demo accounts has up to 100,000 virtual dollars and you can use your demo account for trading as long as you wish. |
Q 3: | Does capital.com offer the industry-standard MT4 & MT5? |
A 3: | Yes. It supports Mobile App, CFD Trading App, Desktop Trading, Capital.com API, MetaTrader 4, and TradingView. |
Q 4: | Is capital.com a good broker for beginners? |
A 4: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
GKFX Prime Review Summary in 10 Points | |
Founded | 2012 |
Headquarters | UK |
Regulation | FSC |
Market Instruments | Forex, Commodities, Indices, Stocks, Cryptocurrency |
Demo Account | Available |
Leverage | 1:400 |
EUR/USD Spread | 1.8 pips |
Trading Platforms | MT4, MT5 |
Minimum deposit | $0 |
Customer Support | 24/5 Live chat, phone, email |
GKFX Prime is an online forex and CFD broker that was established in 2012. The broker is based in the United Kingdom. GKFX Prime provides traders with a range of trading instruments, including forex, indices, commodities, and cryptocurrencies. They offer various account types and trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms. GKFX Prime also provides educational resources and customer support in multiple languages.
GKFX Prime is a Straight Through Processing (STP) broker that offers clients direct access to interbank markets without the need for a dealing desk or human intervention. This means that trades are executed instantly and efficiently without any conflict of interest between the broker and the client.
GKFX Prime's main advantages are their competitive trading conditions, including tight spreads and low commissions, as well as their extensive range of trading instruments and educational resources.
However, their lack of regulatory oversight in major jurisdictions and too many complaints from users may be a concern for some traders.
Ultimately, it's important for traders to weigh these factors against their own priorities and preferences when choosing a broker.
Pros | Cons |
• Multiple account types and platforms | • No legitimate regulatory licenses |
• Tight spreads and low commissions | • No US clients allowed |
• No deposit or withdrawal fees | • Too many complaints |
• extensive range of trading instruments and educational resources |
Some alternative brokers to GKFX Prime include:
IC Markets: An Australian-based broker that offers ECN trading with tight spreads and low commissions. They also have a wide range of trading instruments and multiple trading platforms.
Admiral Markets: A European-based broker with a strong focus on education and research. They offer a variety of account types and trading platforms, as well as a wide range of trading instruments.
FxPro: A UK-based broker with over 15 years of experience in the industry. They offer a range of trading platforms and account types, including ECN trading with tight spreads.
Pepperstone: An Australian-based broker that offers low spreads, fast execution, and a variety of trading platforms. They also offer a range of educational resources for traders.
XM: A global broker that offers a wide range of trading instruments and multiple account types. They also offer a demo account for traders to practice trading strategies without risking real money.
It is important to thoroughly research and compare different brokers before choosing one that suits your trading needs and preferences.
As GKFX Prime is an unregulated broker, its reliability may be a concern for some traders. While the company has been operating for several years, the lack of regulatory oversight may make it less attractive to traders who prioritize safety and security. The worse is that there are too many complaints from their users.
Also, it's important to note that being unregulated doesn't necessarily mean that a broker is unreliable. However, it does mean that there is no external oversight of the broker's activities and no protection for clients in the event of financial difficulty or fraud. Clients should exercise caution when dealing with unregulated brokers and conduct thorough research before opening an account.
GKFX Prime offers 400+ financial instruments to trade, including forex, commodities, indices, stocks, and cryptocurrencies.
Forex: over 50 currency pairs, including major, minor, and exotic pairs.
Commodities: including gold, silver, oil, and natural gas.
Indices: over 20 global indices, including popular indices like the S&P 500, FTSE 100, and DAX 30.
Stocks: over 300 stocks from companies listed on exchanges in the US, UK, Germany, and France.
Cryptocurrency: including Bitcoin, Ethereum, and Litecoin.
Apart from free demo accounts, there is a large variety of live trading accounts available at GKFX Prime, and each one is tailored to the specific requirements of the clients.
A trader's risk appetite, the quantity of their initial investment, and the amount of free time they have daily to devote to trading the Forex market are all important considerations when deciding which account type will best suit their needs.
The account types include the following: Standard Fixed, Standard Variable, VIP Variable and ECN Zero. Additionally, Islamic accounts are available for clients who follow Sharia laws. There is no minimum deposit requirement for Standard Fixed, Standard Variable and ECN Zero accounts, while $5,000 for VIP Variable accounts.
To open a new forex trading account with GKFX Prime, you must first pass a simple “know your customer” test. Because of this, GKFX Prime can verify your identity, your account information, and the security of your cash.
Login information for the trading platform that is best suited to the type of account you opened will typically be emailed to you after the initial registration.
Step 1 – Register an account
Open your Live Trading Account.
Step 2 – Fill out the 5-page form
Supply personal detail, financial information, trade knowledge and experience, etc.
The maximum leverage offered by GKFX Prime is 1:400. However, the leverage available to you may vary depending on your location and the regulatory restrictions in place.
Different account types have different trading conditions. Specifically, Standard Fixed accounts have spread from 1.8 pips and no commissions; Standard Variable accounts have spread from 1.2 pips and no commissions; VIP Variable accounts have spread from 0.6 pips and no commissions; ECN Zero accounts have spread as low as 0.0 pips but have to pay a commission of 10/lot.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
GKFX Prime | 1.8 pips | No (except for ECN Zero account) |
IC Markets | 0.1 pips | $7 per standard lot |
Admiral Markets | 0.5 pips | No (except for Zero.MT4) |
FxPro | 1.4 pips | No |
Pepperstone | 0.16 pips | No (except for Razor account) |
XM | 0.8 pips | No |
Note: The above information is subject to change and may vary based on account types and market conditions.
GKFX Prime offers the MetaTrader4 (MT4) and MetaTrader5 (MT5) trading platforms, which are popular and widely used platforms among traders. They provide access to a range of tools and features, including advanced charting, technical analysis tools, automated trading capabilities, and the ability to customize and use third-party indicators and trading algorithms.
They are both available for desktop, web, and mobile devices, making it convenient for traders to access their accounts and trade from anywhere at any time. Additionally, GKFX Prime offers a VPS (Virtual Private Server) service to clients who require faster and more reliable connection to the MT4 and MT5 platforms.
Overall, GKFX Prime's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platforms |
GKFX Prime | MT4, MT5 |
IC Markets | MT4, MT5, cTrader |
Admiral Markets | MT4, MT5 |
FxPro | MT4, MT5, cTrader |
Pepperstone | MT4, MT5, cTrader |
XM | MT4, MT5, WebTrader |
While there is no minimum deposit requirement with GKFX Prime, we advise putting up at least five dollars so that you have more flexibility and a higher chance of building positions large enough to make a difference in the markets. The company offers quick deposit and withdrawal alternatives to GKFX Prime traders so that regular traders can have more faith in the platform and gain more market access.
Credit cards (Visa, MasterCard and Maestro), bank transfers and e-wallets such as Neteller and Skrill are all acceptable methods of payment, so long as the buyer has provided the necessary “know your customer” papers to comply with AML regulations. The most common of them is a photocopy of your passport and some form of the recent bill showing your current address.
Credit cards and bank transfers are both acceptable withdrawal methods. Transfers made with a credit card take three to five business days to process, while wire transfers can take anywhere from one to five days. Withdrawal is free of charge.
Please note that some deposit and withdrawal methods may not be available in certain regions/countries, and fees and processing times may vary depending on the chosen method.
GKFX Prime | Most other | |
Minimum Deposit | 0 | $100 |
To withdraw funds, clients need to log in to their account, go to the “Withdrawal” section, select the preferred withdrawal method, and follow the instructions provided. It's worth noting that GKFX Prime may require additional documentation for verification purposes before processing the withdrawal request.
GKFX Prime claims to offer a 100% welcome bonus and a 50% re-deposit bonus. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task.
Apart from commission fees on the ECN Zero account, there are no other fees charged.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
GKFX Prime | Free | Free | No |
IC Markets | Free | $0-$20 depending on method | AUD$10 per month after 6 months of inactivity |
Admiral Markets | Free | Free | €10 per month after 24 months of inactivity |
FxPro | Free | Free | $5 per month after 12 months of inactivity |
Pepperstone | Free | Free | AUD$15 per month after 12 months of inactivity |
XM | Free (may vary depending on method and country) | Free (may vary depending on method and country) | $5 per month after 90 days of inactivity |
Please note that these fees are subject to change and may vary depending on the country of residence and the payment method used.
GKFX Prime offers customer support in multiple languages through various channels including live chat, phone, and email. Their customer support is available 24/5, which means that traders can get assistance during the trading week. Additionally, GKFX Prime provides support through social media platforms such as Facebook, Twitter, LinkedIn, Instagram and YouTube.
The broker also provides an FAQ section and educational resources on its website to assist traders. Overall, GKFX Prime has a good reputation for customer support.
Pros | Cons |
• Multiple channels for customer support including email, phone, and live chat | • No 24/7 customer support available |
• Dedicated account manager for VIP clients | |
• Multilingual customer support | |
• Quick response time to customer inquiries | |
• Availability of customer support during market hours |
Note: These pros and cons are subjective and may vary depending on the individual's experience with GKFX Prime's customer service.
Those interested in opening an account with GKFX Prime should familiarize themselves thoroughly with the ins and outs of forex and commodity trading before placing any trades. If a trader needs more information than is available on the GKFX Prime website, they should look elsewhere.
GKFX Prime offers a range of educational resources for traders of all levels, including video tutorials, articles, ebooks, webinars, seminars.
Webinars: GKFX Prime provides free webinars to its clients, covering various trading topics, such as market analysis, risk management, and trading strategies.
Video tutorials: The broker offers a collection of video tutorials covering a range of trading topics, including technical analysis, trading psychology, and risk management.
Based on the information provided, GKFX Prime is an unregulated broker with a wide range of trading instruments and account types. While their trading conditions are relatively competitive, the lack of regulation raises concerns about the safety of client funds. Their customer support and educational resources are adequate but not exceptional. Overall, traders should approach GKFX Prime with caution and consider alternative brokers that are regulated and offer more comprehensive services.
Q 1: | Is GKFX Prime regulated? |
A 1: | Yes. It is regulated by FSC. |
Q 2: | At GKFX Prime, are there any regional restrictions for traders? |
A 2: | Yes. GKFX Prime does not provide services for the residents of certain countries, such as the United States of America, Canada, Japan, Indonesia, Turkey, Israel and the Islamic Republic of Iran. |
Q 3: | Does GKFX Prime offer demo accounts? |
A 3: | Yes. |
Q 4: | Does GKFX Prime offer the industry-standard MT4 & MT5? |
A 4: | Yes. Both MT4 and MT5 are available. |
Q 5: | What is the minimum deposit for GKFX Prime? |
A 5: | There is no minimum initial deposit requirement. |
Q 6: | Is GKFX Prime a good broker for beginners? |
A 6: | Yes. GKFX Prime is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive capital-com and gkfx-prime are, we first considered common fees for standard accounts. On capital-com, the average spread for the EUR/USD currency pair is -- pips, while on gkfx-prime the spread is as low as 0.0.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
capital-com is regulated by ASIC,CYSEC,FCA,NBRB,FSA. gkfx-prime is regulated by FSC,MFSA,BaFin,CNMV,CNB,CNMV,SERC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
capital-com provides trading platform including Premier account,Plus Account and trading variety including --. gkfx-prime provides trading platform including ECN 0,STANDARD,VIP and trading variety including Forex, Metals, Indices, Energies etc..