RKFX Account Type

RKFX offers various account types to cater to different trading needs and preferences. The primary account types include:

• Standard STP Account:
• Spreads: From 0.0 pips
• Leverage: Up to 500:1
• Minimum Deposit: $100
• Commission: No commission on trades
• Execution: Fast execution via the Equinix fibre optic network, ensuring low latency and high reliability.
• Managed Accounts:
• Conservative Trading Account (Gold Account):
• Average Return: 5% to 10% per month
• Maximum Drawdown: 30% to 40%
• Normal Trading Account (Platinum Account):
• Average Return: 10% to 40% per month
• Maximum Drawdown: 40% to 50%
• Fee Structure: A percentage of profits charged as a fee, based on a high watermark model.
• Rebates Program:
• Allows traders to earn cash back based on their trading volume with partner brokers.

RKFX Broker Account Opening Process

To open an account with RKFX, follow these steps:

• Visit the RKFX Website: Navigate to the official RKFX website.

• Select Account Type: Choose the account type that suits your trading strategy (e.g., Standard STP, Managed Account).

• Fill Out Application Form: Complete the application form with personal information such as your name, address, and contact details.

• Verify Identity: Submit required identification documents (e.g., passport, utility bill) to comply with regulatory requirements.

• Fund Your Account: Choose a funding method (e.g., bank transfer, credit/debit card) and deposit the minimum required amount.

• Download Trading Platform: Download the trading platform (e.g., MT4, MT5) to start trading.

• Start Trading: Log in to your account and begin trading in the forex market.

By following these steps, you can successfully set up your trading account with RKFX and start your trading journey.