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GKFX vs OTSO Markets
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, GKFX currently holds a lower overall rating (3.1) compared to OTSO Markets (5).
GKFX has a lower minimum deposit, at 0.0.
Both platforms offer their clients demo accounts.
Traders should note that
both companies offer the same minimum lot size 0.01, but GKFX has a maximum lot size of 100.0, while OTSO Markets offers 50.0.
GKFX offers a lower maximum leverage of 1:400, whereas OTSO Markets allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 0.0 | 20.0 |
| Commission | 0.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Kontes | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 50.0 |
| Spread | Fixed, Variable | Variable |
| Broker type | NDD | ECN |
| Maximal leverage (1:?) | 400 | 1000 |
| Availability | NDD | ECN |
| Regulation | FCA (UK) | FSCA (South Africa) |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Skrill | Wire Transfer, Crypto |
| Account Currency | USD, EUR | USD, THB, VND, USDT |
| Languages | English, Spanish, Italian, Mandarin, Chinese | English, Chinese, Indonesian, Thai, Vietnamese |
| Country | United Kingdom | South Africa |
| Trading platform(s) timezone | United Arab Emirates, China, France, Germany, Italy, Poland, Russia, Spain, Turkey | South Africa |
| Other trading instruments | Stocks, Indices, Commodities, Spread Betting, CFDs | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
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