BKFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.bkfx.io/register, the company's legitimate regulatory information South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address EURO HOUSE, Richmond Hill Road, P.O BOX 2897, Kingstown, VC0100, Saint Vincent and the Grenadines.
BKFX Forex Broker
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskCompany profile
BKFX was registered in 2020 in Saint Vincent and the Grenadines, which is a broker specializing in forex currencies, commodities, stock indices, and equity shares markets. It offers 4 types of accounts, among which the minimum deposit is USD 5 or EUR 5 and the maximum leverage is 1:2000. Besides, it provides demo accounts and various channels for customer support. However, it should be noted that this company only holds a suspicous clone FSCA license, and it does not provide services for resients in certain areas.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Regional restrictions |
| Various account types | Suspicious clone FSCA license |
| Demo accounts | No MT4 or MT5 |
| Cent account offered | |
| Low minimum deposit | |
| Popular payment options | |
| 24/7 live chat support |
Is BKFX Legit?
No, BKFX currently has no valid regulations. It only holds a suspicious clone FSCA license.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Sector Conduct Authority (FSCA) | Suspicious clone | South Africa | Financial Service Corporate | 49288 |
What Can I Trade on BKFX?
BKFX provides several types of products, including forex currencies, commodities, stock indices, and equity shares.
| Tradable Instruments | Supported |
| Forex Currencies | ✔ |
| Commodities | ✔ |
| Stock Indices | ✔ |
| Equity Shares | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
BKFX offers 4 types of accounts, including Cent Account, Standard, Premium, and Raw Spread. Besides, demo accounts are also available.
| Account Type | Min Deposit |
| Cent | $5/€5 |
| Standard | $100/€100 |
| Premium | $1,000/€1,000 |
| Raw Spread | $5,000/€5,000 |
Leverage
For the 4 types of accounts above, the leverage can be up to 1:2000, which is relatively high. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.
Spread
| Account Type | Spread |
| Cent | From 1.8 pips |
| Standard | From 1.5 pips |
| Premium | From 1 pips |
| Raw Spread | From 0 pip |
Deposit and Withdrawal
BKFX accepts different types of payment options, including VISA, Mastercard, Neteller, Skrill, LetKnow, and PayRetailers.
Rating Index
Raw Spread
Premium
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Latest Reviews
FX1125547002
United Kingdom
I am very satisfied with BKFX company because it changed my life and my family life and I am very grateful for them! God will bless you guys! Bravo!!!
Positive
2022-12-08
陈祥
Singapore
Loving my experience with BKFX, whenever I had a few issues, their customer support was there and helped instantly. I could never find a more reliable broker than it.
Neutral
2023-03-02