GKFX Prime Forex Signals Review

GKFX Prime is a broker company offering a wide range of trading instruments in several asset classes, including forex, commodities, indices, stocks and cryptocurrencies. The broker has its research centre and provides forex signal services to its clients.

The review will detail more information about these services, how they work, and the customer’s opinion. The purpose of this GKFX Prime forex signals trading review is to help you make an informed decision on whether to work with the broker.

GKFX Prime Overview

GKFX is an ECN broker, established in 2014 and headquarters in the Virgin Islands. The broker is FCA regulated, and it is part of Global Kapital Group (GKG), registered with BaFin (the German regulatory agency). The GKG is an international company operating across 18 countries globally.

Other companies included in Global Kapital Group are GKFX Prime, GKFX Financial Services Asia Ltd and the London-based GK Pro, specialising in spread betting. Currently, GKG has more than 1000 employees, and it is the official partner of the Premier League football club Arsenal.

GKFX Prime Forex Signal Service Review

GKFX Prime forex signal service is a subsidiary service offered by the broker available through their VIP Variable account. The forex signals are developed by the company’s in-house specialists, analysing the markets in Autochartist and the Trading Center.

Autochartist is a web portal and platform indicator developed to support experienced and novice traders’ GKFX Prime trading experience. The tool can be integrated with the trader’s MetaTrader platform as a plugin. Autochartist scan all CFD markets in real-time and provides automated reports and alerts.

The Trading Central is a hub where a team of professional traders performs technical analyses on Forex, S&P, DJI30, Nasdaq, Gold and Oil markets. They update the analyses ten times a day, and they can be reviewed in the MyGKFXPrime area.

To get access to GKFX Prime trading signals, you need to have an account with them. The broker offers four types of accounts –

Standard Fixed, Standard Variable, ECN Zero and VIP Variable.

The first three types of accounts have no minimum deposit level, and you can trade in EUR, USD and GBP. They differ on the typical spreads from 0.0 to 1.8.

However, none of these accounts provides access to additional service such as forex signal service. Those who’d like to benefit from the trading signal service and other special features such as VPS need to open a VIP Variable account.

It has a minimum deposit level of 5000 USD, and once the account is verified, you will start receiving forex signals. GKFX Prime allows you also to add 3rd party trading signals.

GKFX Prime Forex Signals Performance Results

There are no performance results published on the official website of GKFX Prime. Still, we found a verified GKGX Prime myfxbook account.

The account shows results from May to July 2020. Within the short term of three months, the account marked an overall gain of +316.41% with a drawdown of 34.94%.

These are relatively positive results, although we don’t have a confirmation the trades had been based on the information from the forex signals.

Conclusion

GKFX Prime is considered a reliable and trustworthy broker, providing various trading instruments and additional services such as trading analyses and forex trading signals.

They have a strong reputation in the trading community, but we don’t know whether their clients are happy with their trading signals service.

Pros:

► Trading signals are developed in-house by the broker’s trading experts

Cons:

► Only available with one of the GKFX Prime trading accounts