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WIKIFX REPORT: GKFX PRIME ADDS MT4 AND MT5
Abstract:In April, GKFX launched a proprietary trading platform.
GKFX Prime, the BVIFSC-regulated brokerage firm owned by the Turkish-headquartered Global Kapital Group, has announced the addition of world-renowned MetaTrader 4 and MetaTrader 5 platforms to its offering.
MT5 is the most sophisticated product by MetaQuotes and supports multi-asset trading, which has gone trendy in the last few years.
MT4 is the most popular trading platform within the FX industry despite regular calls for brokers to use proprietary or white label platforms in order to improve customer retention numbers. The platform, however, remains a good option to boost onboarding as MT4/MT5 brokers compete for clients.
GKFX Prime is the registered trademark of International Finance House Ltd, which is part of the Global Kapital Group. International Finance House Ltd is authorized and regulated by the British Virgin Islands financial authority named Financial Services Commission (“FSC BVI”) under the company number 1728826 and license number BVI SIBA/L/1066.
The announcement was made from Ho Chi Min, Vietnam, as the broker continues to expand across the Asia Pacific region.
BROKER OFFERS COMPENSATION SCHEME OF UP TO $3.5 MILLIONGKFX Prime was founded in 2012 and, as an offshore broker, it is able to offer some features that wouldnt be able to under the jurisdiction of major regulators like ESMA, ASIC, or the FC
The broker offers a number of promotions such as the extra bonus up to 100% initial deposit and the special bonus up to 25%, commission-free.
Customers also benefit from a compensation scheme covering their funds of up to $3.5 million, which is more than what the BVI FSC requires from brokers. GKFX Prime serves clients in more than 20 countries and supports 12 languages.
According to the broker, the firm has executed more than 300,000 orders on behalf of over 20,000 active traders. Execution speed is claimed to be under 0.1 seconds.
GKFX LAUNCHED PROPRIETARY TRADING PLATFORMGlobal Kapital Group is an FX and CFD industry giant which owns several entities and operations across the globe. Malta-regulated broker GFKX, which holds an EU passport and caters to traders all over Europe, has recently launched a new online trading platform, GKFX Trader.
GKFX Trader facilitates the trading of all products being offered by GKFX today, including FX and CFDs for indices, stocks, commodities, and cryptocurrency. The broker has plans to further expand its product range soon, to include more asset classes.
GKFX Trader features one-click trading, placing orders on the chart, advanced charting and technical analysis tools, advanced order types, market depth and customizable workspaces.
The end goal was to accommodate active traders who need to have access to a fully customizable and rich trading experience, all through the Trader screen and, at the same time, to cater to users who look for a simpler and quicker trading experience, with a customizable watchlist and GKFX Traders Quick Trade functionality.
GKFX Trader is a proprietary trading platform that shows the brokers commitment to its customers to continue innovating and customizing based on their needs.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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