About AKFX
Overview
AKFX is a forex and CFD broker based in Malta, established on August 14, 2019. It is regulated by the Malta Financial Services Authority (MFSA) with a Market Making (MM) licence, allowing it to offer leveraged trading products to retail and professional clients.
Despite its registration in Malta, public information about the broker is limited. AKFX maintains a presence on social media platforms including Facebook, Instagram, and YouTube, but no independent user reviews are available at this time.
Regulation and Safety
AKFX holds an MFSA licence, which requires compliance with European Union financial regulations including MiFID II. Clients may be eligible for compensation under the Investor Compensation Scheme (ICS) in Malta, though coverage limits apply.
As a regulated entity, AKFX must adhere to strict rules on client fund segregation, leverage caps, and reporting. However, the lack of independent feedback means traders should exercise caution and conduct their own due diligence.
Account Types
AKFX offers two main account types: Standard and Premium. The Standard account requires a minimum deposit of €200, while the Premium account requires €25,000. Both accounts offer a maximum leverage of 30:1, in line with ESMA retail limits.
No information is provided on additional features such as spreads, commissions, or platform-specific benefits. The broker may offer other account tiers not listed in official records.
Trading Instruments
The full range of instruments offered by AKFX is not specified in available records. Based on company descriptions, it appears to cover forex, indices, stocks, commodities, and cryptocurrencies. However, traders should verify the specific asset list directly with the broker.
Given the limited disclosure, it is advisable to confirm instrument availability before opening an account.
Platforms and Tools
No details are provided regarding trading platforms or tools offered by AKFX. Commonly, brokers in this segment provide MetaTrader 4 or 5, but this has not been confirmed.
Traders should inquire directly about platform options, charting tools, and mobile support.
Deposits and Withdrawals
Information on deposit and withdrawal methods is not publicly available. Standard methods like bank transfers, credit/debit cards, and e-wallets may be offered, but this remains unconfirmed.
Given the lack of transparency, it is prudent to review the broker's terms and conditions before funding an account.
Customer Support
AKFX provides customer support through its website and social media channels. However, no specific contact details such as phone numbers or live chat are listed in official records.
Traders may need to rely on email or social media for inquiries, which could affect response times.
Overview compiled by FXCanary from regulatory records and public data. full AKFX review