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BKFX

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|Suspicious Overrun|High potential risk|

https://www.bkfx.io

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
BKFXTrading-Demo MT4
Server Location United Kingdom

Contact

+27 10 44 64 500
info@bkfx.io
https://www.bkfx.io
Beachmont Business Centre, 264, Kingstown, Saint Vincent and the Grenadines

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+27 10 44 64 500

English

+44 20 80 97 62 00

Broker Information

More

Company Name

BKFX trading (Pty) Ltd

Company Abbreviation

BKFX

Platform registered country and region

Saint Vincent and the Grenadines

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The South AfricaFSCA regulation (license number: 49288) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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BKFX · Company Summary

General Information & Regulation

BKFX is an Online Forex & CFD broker and has a license issued from FSCA in South Africa. BKFX complies with all the regulations imposed by the regulator. It has less negative criticism as there is transparency in its activities. Here at BKFX, throughout their long-lasting experience in global capital markets, they are pleased to offer bespoke trading brokerage services to institutional clients, fund managers and professional traders around the world. Although the broker has exceeded it's regulation, but it was regulated by the Financial Sector Conduct Authority (FSCA) of South Africa with License no. 49288

Market Instruments

Products offered for trading are: Forex, Crypto, Shares, Commodities, Indices.

Account & Leverage

The three trading accounts offered by BKFX are:

Cent Account –USD5 / EUR5

• Standard Account –USD 100 / EUR100

• Premium Account –USD 1,000 / EUR 1,000

For all Account Types (Cent Account, Standard Account, Premium Account, Tailor Made) the Maximum Leverage is 1:500. BKFX only offers raw spread pricing on its Tailor Made account, which has a minimum deposit requirement of 10,000 USD/EUR, making it inaccessible to most traders

Trade Size

This broker has a minimum trade size of 0.01 lots and a maximum of 50 lots.

Spreads & Commissions

The spreads varies according to the account type, for Cent account the spread is about 1.8 pips, for Standard account is 1.5 pips and for the Premium the spread is 1 pips.

Trading Platform

BKFX uses MetaTrader 4 as the trading platform which is available in various versions;

MT4 Client Desktop

• MT4 iPhone & iPad Trader

• MT4 Android Trader

• MT4 Web trader

Deposit & Withdrawal

According to the user area, users can deposit through Neteller, Skrill, SticPay, LetKnow Pay (various cryptocurrencies), Zotapay, Dragonpay, Payguru

and VirtualPay. The minimum deposit is $100.

The same process can be used when it comes to withdrawing funds, clients need to submit requests from their trading area and wait for the Withdrawal confirmation from the Customer Service before releasing the funds through the desired means.

Customer Service

Support availability at BKFX includes 24/7 Chat Support and live chats is also available. Their customers support can also be contacted through their Phone Number:

Local: +27 10 44 64 500

International: +44 20 80 97 62 00 or

Email: info@bkfx.io

User Reviews

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2

Comments

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陈祥
more than one year
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.
2023-03-01 10:55
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0
0
FX1125547002
more than one year
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!!!
2022-12-08 11:46
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0
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You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
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