bkfx Review
566
Review
Fast Facts
FSA (SVG)
Account types
| Cent Account | Standard Account | Premium Account | Raw Spread Account | |
|---|---|---|---|---|
| Minimum Deposit | 5 USD | 100 USD | 1'000 USD | 5'000 USD |
| Maximum Leverage | 1:2'000 | |||
| Spread from (pips) | ||||
| Commission per lot (USD) | ||||
| Minimum Trade Size | 0.01 | |||
| Step | ||||
| Execution Type | ||||
| Trading Instruments | Crypto, Stocks, Indices, Commodities, Forex | |||
| Margin Call | ||||
| Stop out | 20% | |||
| Swap Free | ||||
| Currency | EUR, USD | |||
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, Skrill, Visa, Neteller, MasterCard
- Withdrawal Methods: Bank Wire Transfer, Skrill, Visa, Neteller, MasterCard
- Account Currencies: EUR, USD
Contact Info and Support
Off. 114, 1st Floor Liberty Life Build. 21 Aurora Drive, Umhlanga FSCA License no. 49288 4301, South Africa
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 14934966 |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2026 | 1250 |
| August 2026 | 0 | |
| September 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About bkfx
BKFX presents itself as a South African Forex and CFD broker with FSCA licence no. 49288. Its official website also identifies BKFX LLC as authorised by the Saint Vincent and the Grenadines Financial Services Authority under registration no. 701 LLC 2020. The same official material therefore refers to two separate legal entities and jurisdictions: BKFX (Pty) Ltd in South Africa and BKFX LLC in Saint Vincent and the Grenadines.
The broker lists Forex, cryptocurrencies, stocks or equity CFDs, indices and commodities, with MetaTrader 4 available for desktop, mobile and web trading. The Cent, Standard, Premium and Raw Spread accounts use USD or EUR as base currencies, accept minimum deposits of USD/EUR 5, 100, 1,000 and 5,000 respectively, and list minimum trade sizes from 0.01 lots. Advertised spreads start at 1.8 pips for Cent, 1.5 pips for Standard, 1 pip for Premium and from 0 pips for Raw Spread; maximum stated leverage is 1:2000.
The account table states that all strategies are allowed and that swap-free Islamic account options are available for each account type. It lists margin call and stop-out levels of 50% and 20% for the Cent, Standard and Premium accounts, while the Raw Spread account has a custom setting; hedged margin is listed as unavailable. BKFX states that it does not offer services to residents of the United States, Canada, Syria, North Korea, Iran, Iraq or the European Union.
Who it’s for
- Traders seeking access to Forex, cryptocurrency, equity, index and commodity CFDs through one MT4-based account.
- Traders requiring account tiers with minimum deposits ranging from USD/EUR 5 to USD/EUR 5,000.
- Traders who need USD or EUR account currencies and a stated swap-free Islamic option.
- Traders using automated or strategy-based trading, as the broker states that all strategies are allowed and supports trading robots on MT4.
Pros and cons
Pros
- Four account types with a minimum stated deposit of USD/EUR 5 for the Cent Account.
- Multi-asset CFD access covering Forex, cryptocurrencies, stocks, indices and commodities.
- MT4 availability across desktop, mobile and web platforms.
- Swap-free Islamic account options are listed for all four account types.
Cons
- The official website presents regulatory information for two different entities: BKFX (Pty) Ltd under FSCA licence no.
49288and BKFX LLC under SVG registration no.701 LLC 2020. - The maximum stated leverage of 1:2000 is subject to dynamic leverage tiers that reduce leverage as trade volume increases.
- The account table lists hedged margin as unavailable and gives the Raw Spread account a custom stop-out setting.
- Services are excluded for residents of the United States, Canada, Syria, North Korea, Iran, Iraq and the European Union.
