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GKInvest-Overview the Guide of This Broker

WikiFX | 2021-05-10 18:00

Abstract:GKInvest is the trade name of Kapital Investama Berjangka, a futures brokerage firm headquartered in Jakarta. GKInvest holds a retail foreign exchange license (license number: 824/BAPPEBTI/SI/11/2005) from the Indonesian Commodity Futures Trading Regulatory Agency and is an official member of the Jakarta Futures Exchange (JFX) and an official member of the Indonesian Commodity and Derivatives Exchange (ICDX).

Registered Country/Region Indonesia
Regulation BAPPEBTI, JFX, ICDX
Minimum Deposit $200
Maximum Leverage 1:100
Minimum Spreads 0.8 pips
Trading Platform MT5 ( Desktop, Mobile, Tablet)
Demo Account Yes
Trading Assets Forex, Commodities, Indices, Precious Metals
Payment Methods VISA, MasterCard, Bank Transfer, skrill, Neteller
Customer Support Phone, Email, Online Chat

General Information & Regulation

GKInvest is the trade name of Kapital Investama Berjangka, a futures brokerage firm headquartered in Jakarta. GKInvest holds a retail foreign exchange license (license number: 824/BAPPEBTI/SI/11/2005) from the Indonesian Commodity Futures Trading Regulatory Agency and is an official member of the Jakarta Futures Exchange (JFX) and an official member of the Indonesian Commodity and Derivatives Exchange (ICDX).

Market Instruments

The financial instruments offered by GKInvest include currency pairs in the foreign exchange market, indices, commodities, and CFDs on single stocks.

Account Types

To meet different investors' investment needs and trading experience, GKInvest offers six different accounts, which are FIX account, SF(silver fix)account, GF(gold fix) account, PF(platinum fix) account, SV(standard variable) account, and ECN zero account. The minimum initial deposit for opening an account is $200, alomst in line with the sector standard.

account-types

GKInvest Leverage

In terms of trading leverage, the maximum leverage for forex instruments available on GKInvest platform is up to 1:100, which is average compared with many other brokers.

Spreads & Commissions

The spread of EURUSD on Fix accounts is 1.6 pips, on SF accounts 1.2 pips, on GF accounts 1 pip, on PF accounts 0.8 pips on EURUSD, on SV account 1.2 pips, and all these five accounts require a commission of 2 USD per lot in addition to the spread. ECN Zero accounts have spread starting at 0 pips, and GKInvest charges a commission of 10 USD per lot.

Trading Platform

GKInvest provides traders with the world's leading MT5 trading platform, as well as MT5 Web, MT5 Desktop, MT5 Mobile, and MT5 Tablet to meet a wide range of user needs.

Deposit & Withdrawal

GKInvest supports traders to deposit and withdraw funds to their investment accounts via bank transfer, with currencies in IDR and USD, and the low withdrawal amount is 100,000 IDR/US$10. GKInvest does not charge any fees for traders' withdrawals and deposits.

Research & Tools

Surprisingly, clients can find some reaseach resources and tools that help to aquaint themselvess with forex and CFD trading as soon as possible, which include economic calendar, Economic Calendar calculators, Trading Central, MT5

Customer Support

The GKInvest customer support team can be reached through several channels, like email, telephone, as well as some social media platform including Twitter, Facebook, Instagram, Linkedin.

Here are some contact details:

Telephone: +44(0)20 7186 1212

Email: support@gkfx.com

Company Address: Multivision Tower Lt. 20, Jl. Kuningan Mulia Lot 9B - Jakarta Selatan 12980 (9:00 - 18:00 WIB).

Service hours: 09:00 -17 :00.

contact-information

Pros & Cons

Pros Cons
BAPPEBTI-regulated High minimum deposit requirement
Six trading accounts to choose from Average trading fees
MT5 trading platform Limited product portfolios
High leverage up to 1:100
Free deposit & withdrawal fees
Demo accounts available
Additional research tools

Frequently Asked Questions

In which base currencies can I hold my account?

Currently available is the USD base currency.

Is trading at GKInvest subject to a commission fee?

ECN Zero accounts have spread starting at 0 pips, and GKInvest charges a commission of 10 USD per lot.

How can leverage be set on my trading account?

The maximum leverage for forex instruments available on GKInvest platform is up to 1:100.

What trading platfom does GKInvest offer?

GKInvest provides traders with the world's leading MT5 trading platform.

Related broker

No Regulation
GKInvest
Company name:Global Kapital Investama Berjangka
Score
1.57
Website:https://www.gkinvest.co.id/EN/?ref=cs
5-10 years | Suspicious Regulatory License | Derivatives Trading License (AGN) | High potential risk
Score
1.57

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