GKFX Launches Proprietary FX and CFDs Trading Platform

GKFX, which is the European Union-based brokerage arm of the Global Kapital Group, announced on Thursday the launch of its proprietary online trading platform.

Dubbed GKFX Trader, the new platform is offering trading support with forex and CFDs for indices, stocks, commodities and cryptocurrency. The platform has plans to add support for other global asset classes as well.

“While developing GKFX Trader, the customer base, along with the general industry trends were deeply analyzed to make sure the platform serves the diverse base with different needs,” the broker stated in the press release shared with Finance Magnates.

A Major Broker

The Global Kapital Group is a major brokerage operator with a presence around the globe. It is operating within the EU with a license from the financial market regulator in Malta. In addition, it has regulated retail trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term operations with licenses in the British Virgin Islands, Cambodia, Mauritius and Australia. Additionally, it entered the United States and South Africa last year by acquiring two locally regulated firms.

The new proprietary platform of the broker is presently offered to the customers only under the EU’s GKFX brand. However, it is not clear if the brokerage group has plans to offer the platforms to traders under its other global brands.

“GKFX Trader is designed to accommodate active traders who need to have access to a fully customizable and rich trading experience, such as one-click trading, placing orders on the chart, advanced charting and technical analysis tools, advanced order types, market depth Market Depth Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Read this Term and customizable workspaces. All of this and more can be done through the Trader screen,” the broker added.

“By developing its own platform, GKFX is making a commitment to its customers to continue innovating and customizing based on their needs, to keep transforming to meet market demands, and to bring a competitive edge for its customers in serving their trading and investment needs.”