BKFX Forex Broker keeps up-to-date with the latest trading account information, including Raw Spread, Premium, Standard, Cent maximum leverage of 1:2000, trading varieties, and more
Rating Index
Pros
Low minimum deposit requirement starting at $5, making it accessible for beginner traders.
Offers a 100% welcome bonus on initial deposits, enhancing the trading capital for new clients.
Regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, providing a level of oversight and security for traders.
Cons
Limited range of trading platforms, as it only supports MetaTrader 4 (MT4), which may not meet the needs of all traders.
Higher trading costs and wider spreads compared to some competitors, especially on lower-tier accounts.
Limited educational resources and market analysis tools, which may be insufficient for beginner traders seeking guidance.
BKFX broker Accounts
Raw Spread
Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
USD 5,000 / EUR 5,000
Minimum Spread
From 0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Premium
Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
USD 1,000 / EUR 1,000
Minimum Spread
as low as 1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Standard
Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
USD 100 / EUR 100
Minimum Spread
as low as 1.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Cent
Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
USD 5 / EUR 5
Minimum Spread
as low as 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
BKFX Account Types
BKFX offers four different types of trading accounts to cater to various trading needs:
- Cent Account
- Minimum Deposit: $5 or €5
- Spread: From 1.8 pips
- Maximum Leverage: 1:2000
- Execution Type: STP/ECN
- Minimum Lots: 0.01
- Islamic Account Option: Yes
- Personalized Customer Support: No
- Standard Account
- Minimum Deposit: $100 or €100
- Spread: From 1.5 pips
- Maximum Leverage: 1:2000
- Execution Type: STP/ECN
- Minimum Lots: 0.01
- Islamic Account Option: Yes
- Personalized Customer Support: Yes
- Premium Account
- Minimum Deposit: $1,000 or €1,000
- Spread: From 1 pip
- Maximum Leverage: 1:2000
- Execution Type: STP/ECN
- Minimum Lots: 0.01
- Islamic Account Option: Yes
- Personalized Customer Support: Yes
- Access to BK FX Academy: Yes
- Raw Spread Account
- Minimum Deposit: $5,000 or €5,000
- Spread: From 0 pips
- Maximum Leverage: 1:2000
- Execution Type: STP/ECN
- Minimum Lots: 0.01
- Islamic Account Option: Yes
- Personalized Customer Support: Yes
- Access to BK FX Academy: Yes
- Personal Requests: Yes
- Visit the BKFX Official Website: Go to bkfx.io.
- Go to the Registration Page: Navigate to the account registration section.
- Fill in the Application Form: Complete the required application form with your personal details.
- Submit Your Application: After filling out the form, submit it for processing.
- Receive Login Credentials: Once your application is approved, you will receive your login credentials and download links for the trading platform.
- Log in to the Client Portal: Access your client portal using the provided credentials.
- Make a Deposit: Fund your trading account with the minimum required deposit for your chosen account type.
- Log in to BKFX MT4: Download and log in to the MT4 trading platform to start trading.
BKFX Broker Account Opening Process
To open an account with BKFX and start trading, follow these steps:
This process ensures a smooth and efficient account setup, allowing you to access a variety of trading instruments and features offered by BKFX.
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BKFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of USD 5,000 / EUR 5,000 by (2+) --.