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/10

AKFX

Malta|5-10 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|High potential risk|

https://www.akfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

5
Server Name
AKFXFinancial-Demo-2 MT4
Server Location Germany

Contact

+356 2133 3388
informacion@akfx.com
https://www.akfx.com/
5th floor Global Capital Building, Triq Testaferrata Ta Xbiex, XBX 1403, Malta

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+356 2133 3388

Broker Information

More

Company Name

AKFX Financial Services Limited

Company Abbreviation

AKFX

Platform registered country and region

Malta

Company website
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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The MaltaMFSA regulation (license number: C 60473) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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AKFX · Company Summary

Company Summary

Company profile

General Information & Regulation

AKFX Financial Services Ltd is a Malta-based stockbroking company established in 2013. GKFX is the registered trademark of AKFX Financial Services Limited, which is ultimately subject to the same ownership and control of other businesses forming part of the Global Kapital Group. AKFX Financial Services Limited claims that it is authorized and regulated by the Malta Financial Services Authority, however, this license was revoked now.

Market Instruments

AKFX offers traders a wide range of financial products, including currency pairs, indices, commodities, stocks, and cryptocurrencies.

Accounts & Leverage

There are two live account options available on AKFX platform: the Standard and the Premium accounts. The minimum deposit for the standard account is €200, while the initial deposit for the premium account soars to $20,000.

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Spreads & Commissions

AKFX Standard accounts only charge a spread fee of 0.6 pips on EURUSD and no additional commissions on Forex, Precious Metals, and Indices. Premium accounts have a spread of 0.1 pips on EURUSD and a commission of 6 USD per lot. Regarding SWAPs, EURUSD (long) is -6:00 and (short) is 0.80.

Trading Platforms

AKFX offers traders the most popular MT4, MT5, and WebTrader online trading platforms available today.

Deposit & Withdrawal

AKFX supports traders to deposit and withdraw funds to and from their investment accounts via credit card, wire transfer, Skrill, and other e-wallet methods. Traders depositing via credit card will incur a currency conversion fee if the currency of the deposit is not the same as the account.

Customer Support

The support team of GKFX is available from Sunday 10 pm through Friday 10 pm and can be reached via phone, e-mail or message directly from their website. A live chat function is listed, but it was not available during standard business hours which is when this review was conducted.

User Reviews

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User comment

3

Comments

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FX1623188607
more than one year
I've been using ATFX for a while now, and it's an okay trading platform, nothing extraordinary though. It does the job like most others out there, but it's not exactly the fastest. When it comes to dealing with issues like removing credit cards or updating your info, their service can be pretty bad. They end up blocking withdrawals and transfers without clear explanations, leaving you waiting for days just to get a response.
2024-02-23 11:01
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0
0
FX1184656792
more than one year
I see that the trading license of this AKFX company may be cloned. Even though I didn't see anyone say they were scammed, I decided to stay alert.
2022-12-15 16:43
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0
0
张珍
more than one year
I would not choose to trade with AKFX for one simple reason: it does not have any reliable regulation. I won't risk my money.
2022-12-02 09:58
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0
0
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