TRDFX

TRDFX is the trading name of AFK Capital (PTY) LTD, a company registered in South Africa on 25 April 2024. The broker operates the website trdfx.com and is headquartered at The Capital Trilogy, Menlyn Main Amarand Ave, Waterkloof Glen, 0181 Pretoria, Gauteng, South Africa.

According to our records, TRDFX holds a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA) of South Africa, with licence number 51875. The status of this licence is not published in our records. We note that the company has no employees on file, which is unusual for an operating broker.

TRDFX is regulated by the FSCA, the primary financial regulator in South Africa. The FSCA licence number 51875 is listed in our records as a Derivatives Trading License (EP). However, the licence status is marked as '—' in our data, meaning we cannot confirm whether it is currently active or in good standing.

It is important to note that several industry databases and public warnings have flagged entities using the TRDFX name or the AFK Capital (PTY) LTD legal name as potential clones or unlicensed operators in other jurisdictions. For example, the Dutch AFM has issued a warning against 'afk capital (pty) ltd (kloon) h.o.d.n. trdfx' on 21 January 2025, and the Spanish CNMV has added 'TRDFX' to its warning list. These warnings refer to entities that may not be the same as the one we are reviewing, but they highlight the need for caution.

TRDFX offers four account tiers designed to cater to different levels of traders. The BASIC account requires a minimum deposit of $250 and offers standard spreads, such as 1.9 pips on EUR/USD and 0.6 on gold, with a commission of 0.20% on shares. The GOLD account, with a $10,000 minimum deposit, provides tighter spreads, including 1.4 on EUR/USD and 0.5 on gold, and a lower commission of 0.16% on shares.

The PLATINUM account, requiring $50,000, further reduces spreads – for example, 1.0 on EUR/USD and 0.4 on gold – while maintaining a 0.08% commission on shares. The top-tier EXCLUSIVE account, with a $100,000 minimum deposit, offers the tightest spreads, such as 0.8 on EUR/USD and 0.3 on gold, and the same 0.08% commission on shares. Maximum leverage is not disclosed in our records for any account type.

According to the official website, TRDFX provides access to over 2,100 financial instruments across seven asset classes, including forex, stocks, indices, commodities, ETFs, and bonds. The broker offers its own branded WebTrader platform, as well as mobile trading apps for iOS and Android.

The website also mentions that traders can access free analysis tools and benefit from features such as stop loss, take profit, limit and stop orders. The broker claims to offer fast execution and 24/5 multilingual customer support.

TRDFX's website lists a range of payment methods, including credit cards, e-wallets, local payment methods and wire transfers. It specifically mentions Skrill and NETELLER as accepted e-wallets. The broker states that it charges no commission or fees on deposits or withdrawals, and that withdrawals are processed through the same method used for the deposit.

Our records do not include a detailed list of deposit or withdrawal methods, so we cannot independently verify these claims. Traders should confirm the availability of specific payment options with the broker before funding an account.

TRDFX is a relatively new broker, having been founded in April 2024. It has no verifiable website or social-media presence beyond its own domain, which is a risk flag in our assessment. The FXCanary Scam Risk Score for TRDFX is 46 out of 100, indicating a 'Guarded' level of risk.

While the broker holds an FSCA licence, the lack of independent reviews and the existence of warnings against similarly named entities in other jurisdictions mean that traders should exercise caution. We recommend verifying the licence status directly with the FSCA and carefully reviewing the broker's terms and conditions before committing funds.