📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

GKFX Minimum Deposit

GKFX Minimum Deposit

 

Overall Rating

4.3/5

Rated #422 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

MFSA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

42

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

The GKFX minimum deposit amount to open a real trading account is 100 (One Hunder) Euro.  The Minimum Deposit for 1st time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours*

Finding a reputable list about GKFX minimum deposit local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account.

 

Minimum Deposit

 

GKFX has a minimum deposit requirement of € 100.

This minimum deposit amount is equivalent to ZAR 1 890.24 at the current exchange rate between the EU Euros and the South African Rand at the time of writing.

GKFX is a broker who is authorized and regulated by the strict regulatory entity, namely Malta Financial Services Agency (MFSA), and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

Deposit fees and deposit methods

 

When compared with other brokers, the minimum deposit that GKFX requires when registering a live account is low.

GKFX offers traders the following payment methods which can be used when making deposits:

  • Credit cards
  • Debit cards
  • Bank Transfer
  • Neteller
  • Skrill

 

Deposit currencies that are accepted include:

  • EUR
  • USD
  • GBP

 

Besides, when making use of any of the payment methods, GKFX does not charge any deposit fees.

Traders must ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable. These often depend on the payment method used as well as the amount which is deposited into the trading account.

 

Overall Rating

4.3/5

Rated #422 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

MFSA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

42

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Step by step guide to depositing the minimum amount

 

When funding the trading account, traders can do it from their own bank account by sending the funds to one of the GKFX segregated client accounts.

Traders can also access the option to deposit the minimum amount from their personal area after having registered a live trading account which has, subsequently, been approved.

Traders must log in to their secure client area, go to funds, and then select the option for deposits. Select your account and then the deposit method.

Follow the instructions to deposit into their trading account. Traders must ensure that they select the correct deposit currency before they make a deposit.

Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.

The most convenient way of making a deposit is via a credit card as bank wires may take some time to be processed. GKFX reflects deposits into your account balance as soon as the payment arrives.

 

Pros and Cons

✔️ PROS ❌ CONS
Low minimum deposit requirement Account base currencies are limited
Reliable payment methods offered Limited payment methods offered
No deposit fees charged Currency conversion fees may apply

 

You might also like: GKFX Account Types

You might also like: GKFX Demo Account

You might also like: GKFX Fees and Spreads

You might also like: GKFX Sign Up Bonus

 

FAQ’s

 

What is the minimum deposit for GKFX?

€ 100.

 

How do I make a deposit and withdrawal from GKFX?

  • Credit cards
  • Debit cards
  • Bank Transfer
  • Neteller
  • Skrill

 

Does GKFX charge withdrawal fees?

There is no indication on the website if GKFX charges withdrawal fees.

 

How long does it take to make a withdrawal?

It is not indicated how long withdrawals take. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

FINEXO Review

Overall, FINEXO is fully regulated by top-tier regulators. It has a trust score of 60 out of 100 and is considered a low-risk trading partner.