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Rating Index

Pros

Diverse range of trading instruments, including forex, indices, stocks, commodities, and cryptocurrencies.

Multiple account types available, catering to different trading styles and capital requirements.

High maximum leverage of up to 2000:1, providing opportunities for amplified trading potential.

Cons

Current status marked as “suspicious clone,” raising concerns about the platform's legitimacy and trustworthiness.

Minimum deposit required for VIP and ECN Zero accounts, which may be a barrier for some traders.

Limited customer support options, primarily through phone and email, lacking live chat or dedicated account managers for more immediate assistance.

AKFX broker Accounts

AKFX Account Type

AKFX offers a variety of trading accounts to cater to different trading preferences and strategies. The main account types available are:

Standard Account

Minimum Deposit: None
Leverage: Up to 1:30
Spread: Variable, starting from 1.2 pips
Minimum Trade Size: 0.01 lot
Maximum Trade Size: 100 lots
Commission: No commission fees

Corporate Account

Minimum Deposit: $25,000
Leverage: Up to 1:30
Spread: Variable or fixed, starting from 0.6 pips
Minimum Trade Size: 1 lot
Maximum Trade Size: 100 lots
Commission: No commission fees

VIP Account

Minimum Deposit: $2,000
Leverage: Up to 2000:1
Spread: Starting from 0.6 pips
Commission: No commission fees

ECN Zero Account

Minimum Deposit: $500
Leverage: Up to 2000:1
Spread: Starting from 0.0 pips
Commission: $10 per lot traded

These accounts provide traders with flexibility, competitive spreads, and access to a wide range of trading instruments including forex, indices, stocks, commodities, and cryptocurrencies.

AKFX Broker Account Opening Process

Opening an account with AKFX is a straightforward process that can be completed in a few simple steps:

Visit AKFX Website:

Go to the official AKFX website and navigate to the "Open an Account" section.

Choose Account Type:

Select the account type that best suits your trading preferences from the available options (Standard, Corporate, VIP, or ECN Zero).

Complete Registration Form:

Fill out the registration form with accurate personal information, including your name, email address, and contact details.

Verify Identity:

Submit the required identification documents for Know Your Customer (KYC) verification. This typically includes a government-issued ID and a recent utility bill for address verification.