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BKFX -

Score

1.48 /10
Danger

BKFX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

https://www.bkfx.io

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Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

BKFX LLC

Company Abbreviation

BKFX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-27
  • 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

BKFX · Company summary
BKFX Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFSCA (suspicious clone)
Market InstrumentsForex currencies, commodities, stock indices, equity shares
Demo Account✅
LeverageUp to 1:2000
SpreadFrom 1.5 pips (Standard account)
Trading Platform/
Min Deposit$/€5
Customer Support24/7 live chat, contact form
Tel: +44 20 80 97 62 00
Email: info@bkfx.io
Social media: Facebook, Instagram, Twitter, Linkedin, YouTube
Regional RestrictionsUS, Canada, Syria, North Korea, Iran, Iraq and the European Union

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.

BKFX's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsRegional restrictions
Various account typesSuspicious clone FSCA license
Demo accountsNo 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Financial Sector Conduct Authority (FSCA)Suspicious cloneSouth AfricaFinancial Service Corporate49288
Suspicious clone FSCA license
Domain information

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❌
What Can I Trade on BKFX?

Account Type

BKFX offers 4 types of accounts, including Cent Account, Standard, Premium, and Raw Spread. Besides, demo accounts are also available.

Account TypeMin Deposit
Cent $5/€5
Standard$100/€100
Premium$1,000/€1,000
Raw Spread$5,000/€5,000
Account comparison

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 TypeSpread
Cent From 1.8 pips
StandardFrom 1.5 pips
PremiumFrom 1 pips
Raw SpreadFrom 0 pip

Deposit and Withdrawal

BKFX accepts different types of payment options, including VISA, Mastercard, Neteller, Skrill, LetKnow, and PayRetailers.

Payment options

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User comment

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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.
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.
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2023-03-01 10:55
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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!!!
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!!!
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2022-12-08 11:46
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