BKFX

BKFX is an online forex and CFD broker operating under BKFX (Pty) Ltd in South Africa, authorized and regulated by the Financial Sector Conduct Authority (FSCA) under license number 49288. Established with the aim of offering global clients access to financial markets, BKFX provides trading in a wide range of instruments, including forex currency pairs, indices, commodities, stocks, and cryptocurrencies. The broker supports two primary trading platforms: MetaTrader 4 (MT4) and Webtrader. MT4 remains one of the most popular trading platforms in the world, known for its advanced charting tools, automated trading capabilities via Expert Advisors, and a wide variety of technical indicators. Webtrader allows clients to access their accounts directly from a browser without downloading any software, offering flexibility for trading on multiple devices. BKFX offers several account types designed to accommodate different trading styles and budgets. These include Cent Accounts with low entry requirements, Standard Accounts for balanced trading, Premium Accounts with tighter spreads, and Raw Spread Accounts for experienced traders seeking the lowest spreads available. Leverage can go as high as 1:2000, depending on the account type and jurisdiction. Clients can trade over 40 forex pairs, multiple global indices, precious metals, energy commodities, major stock CFDs, and popular cryptocurrencies. The broker also provides demo accounts, enabling traders to test strategies in a risk-free environment. Customer support is available via email at [email protected], phone lines, and live chat. The broker emphasizes competitive trading conditions, fast execution speeds, and a variety of funding methods, including bank transfers, e-wallets, and cryptocurrency payments. While BKFX’s South African entity is regulated by the FSCA, clients should note that the brand also has an international entity in Saint Vincent and the Grenadines, which is not regulated by a major financial authority. As with any broker, traders should verify which entity they are registering with and understand the regulatory protections that apply.