Trade360 vs GKFX 2024

Trade360 is not publicly traded and does not operate a bank. Trade360 is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 (High Risk). Trade360 is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and regulated in the European Union via the MiFID passporting system.

GKFX is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). GKFX is authorised by the following Tier-1 regulators: Regulated in the European Union via the MiFID passporting system.

Trade360 offers over a thousand symbols on its innovative app for web and mobile. It also supports MetaTrader 5 (MT5), making it a versatile platform for forex and CFD trading. That said, Trade360’s market research and educational content are limited, and spreads are fairly expensive compared to peers.

GKFX is a MetaTrader-only broker that is only licensed in the EU, via its MFSA-regulated Malta entity, which is why it's Trust Score is lower than other brokers that hold multiple licenses in top-tier regulatory hubs. Otherwise, GKFX does offer competitive pricing on its Prime Plus account, if you can afford the $15,000 deposit.

To open a trading account with Trade360, you'll need to make an initial minimum deposit of $250.

GKFX requires a minimum deposit of $0 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Trade360 offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas GKFX provides Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that GKFX offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Trade360 holds 2 global Tier-1 licenses, while GKFX holds 1. Both Trade360 and GKFX hold 0 global Tier-2 licenses.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Trade360 (76) earned a higher Trust Score than GKFX (65).

To compare the trading platforms of both Trade360 and GKFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trade360 offers a better experience. With research, GKFX offers superior market research. Finally, we found Trade360 to provide better mobile trading apps.

Here’s what trading platforms are available at Trade360:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at GKFX:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. GKFX offers MetaTrader 4 (MT4), while Trade360 does not. Forex traders also appreciate the ability to engage in social copy trading. Trade360 and GKFX both offer copy trading.

Trade360 provides traders 49 currency pairs (e.g., EUR/USD) compared to GKFX's 47 available pairs. If you are interested in trading CFDs, Trade360 offers traders access to 1062 CFDs, while GKFX offers access to 354 CFDs; so Trade360 offers 708 more CFDs than GKFX.

We found in our testing that Trade360 offers a more diverse selection of investment options than GKFX, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Int'l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting.