TRADE FOREX WITH AN EXPERT BROKER
Discover the exciting opportunities of global Forex markets with competitive prices on GKFX. Enjoy deep
liquidity, instant orders and expert customer service with a global broker. Trade over
40 FX pairs with GKFX to join the millions of Forex traders worldwide.
WHY TRADE FOREX WITH GKFX?
Top Conditions
Spreads go as low
as 0.1 with our
Premium account
Best Instruments
Best major, minor &
exotic currency pairs
from global markets
Client Safety
Member of the
investor compensation
scheme
Instant Execution
300+ M executions so
far with low latency
and counting
Local Support
24/5 expert customer
support, available in 5
languages
OTHER TRADING INSTRUMENTS
TOP REASONS TO TRADE WITH GKFX
The markets never sleep. Neither does GKFX! Trade CFDs 24/5 with us.
- Top Conditions Competitive spreads and easy withdrawal process
- Best Instruments Top Forex pairs and other CFDs from global markets
- Client Safety Member of the investor compensation scheme
- Quick Execution Over 300M executions so far with low latency and counting
- Local Support 24/5 expert customer support in 5 languages
HOW TO TRADE FOREX
How does forex trading work?
When trading currencies, you speculate on the price. You open either a long (buy) or short (sell) position, assuming the currency’s value will either go up or down. As millions of other Forex traders open positions just like you, the price is set as a collective result of everyone’s positions.
Think of it as a ‘tug of war’ where millions of traders are holding a rope. One side is buying, the other is selling. When a trader opens a position, they grab one end of the rope. When happy with the current price, they close the position and thus ‘let go’ off the rope.
Without an official regulator or state involved, this is pretty much how the pricing is determined. But not everyone has the same amount of investment… Larger investments will definitely impact the direction and the pricing of markets slightly more than small investments. Still, the market is so deep that even the largest players can never shape or corner it.
Is Forex trading risky?
Yes, Forex trading is risky as the markets are volatile and require close monitoring. With sharp price movements, you might lose the margin necessary to keep a position open. This means you can lose your investment quickly. GKFX offers stop loss mechanism and regularly warns clients to protect them against such erratic movements. Please check our Risk Warning and Terms of Business files.
Would you like to know more about how to start trading Forex? Consider our Education pages and explainer Videos to start trading.
What are the advantages of Forex trading?
Brokers offer ‘margin trading’, providing leverage for clients. This means Forex traders can take larger positions than their actual investments in the market. Unlike traditional investment methods, you can profit even if the asset (in this case, FX pair) actually decreases in value.
What is Forex trading?
Forex is the currency exchange market. Forex trading means trading CFDs for a currency pair such as Euro and U.S. Dollar - EURUSD for short. The prices are quoted against one currency to another. Traders invest and open a position in the market, speculating on how this price will change over time. If the price of EURUSD changes according to your prediction, you profit. Likewise, if your prediction is wrong, you may lose your investment. Please refer to our Risk Disclosure document.
What is Forex?
Forex is short for Foreign Exchange market. Also known as FX or currency trading., it describes the currency exchange market. Buying and selling positions for agreed prices is the basis of the forex market. It is a decentralized and digital network of banks, brokers and traders, exchanging more than $5 trillion a day.
What is leverage?
The term ‘Leverage’ in Forex and CFD trading is being able to trade a larger amount of volume with less investment. To let you control a larger position than your investment, brokers set aside a certain amount as 'collateral'. The leverage is expressed in ratios, such as 30:1 or 5:1. Please keep in mind that the leverage amplifies the price movement. This means proportionally higher profit or loss, depending on the market movement. Therefore, trading CFDs carries a high risk. Please make sure that you understand how CFDs work before starting a live trading account.
*Further third party indirect costs may apply. For more information read the Legal Documents here