Review summary
TRDFX, operating as AFK Capital (PTY) LTD, is a South African-based broker with an operational history of 2-5 years. According to WikiFX data, the firm holds a low overall score of 1.33. Its primary regulatory filing is a Derivatives Trading License (FSP 51875) with South Africa's Financial Sector Conduct Authority (FSCA); however, this license's operational status is officially listed as 'Unverified'. The broker's reported scope of business has been flagged by WikiFX as suspicious, and it currently lacks any verified, active licensing from a recognized global financial regulator for forex trading. Trading is offered via MetaTrader platforms, with account tiers ranging from a $250 minimum deposit for a BASIC account to a $100,000 entry for the EXCLUSIVE tier, featuring competitive spreads starting from 0.3 pips on Gold and 0.8 pips on major currency pairs like EUR/USD. All listed accounts permit scalping, hedging, and Expert Advisors (EAs). Potential traders should note the absence of confirmed, credible regulatory oversight, which represents a fundamental consideration for client fund security and operational transparency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)
