Wikilix
Licence record

RKX: FSCA licence 54978

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Financial Sector Conduct Authority 54978

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service
Effective
Jun 30, 2025

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/rkx/licenses/financial-sector-conduct-authority/54978Fields on file 3 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
54978
Licence type (Wikilix classification)
Financial Service
Effective from
Expires
No expiry shown
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how RKX applies it.
The holder

Who holds this licence

The licence above is recorded against RKX. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
RKX Financial LC Limited
Based in
Saint Lucia
Wikilix score
58.2the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • RKX Financial LC LimitedSaint Lucia
  • RKX FINANCIAL UK LIMITEDUnited Kingdom · Reg. 10684079 · Mar 22, 2017
  • RKX Financial SA (Pty) LtdSouth Africa
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences RKX holds

One other licence is on record for RKX.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

The account types page lists no swap-free or Islamic tier, and the broker publishes a swap rates page instead, so we have recorded swap-free as not offered. If you need it, ask support to confirm in writing before depositing.

By email at en.support@rkx.com and by telephone on +44 20 3725 0999. The homepage advertises support as always on, 24/7. There is no live chat on the public website and no separate complaints address is published, which matters more than usual given the withdrawal reports in this profile.

Forex pairs, global indices, metals including gold and platinum, energy and commodity markets, and US and Chinese share CFDs. The site quotes more than 200 instruments in total but does not publish a breakdown by asset class or a full symbol list. There is no crypto product.

The About page states the brand was established in 2019. The evidence is more complicated. The UK company that carries the group's 2019-dated authorisation was incorporated in 2017 under an entirely different name and was only renamed to RKX FINANCIAL UK LIMITED in January 2026, per Companies House. The RKX brand's own visible trading history is short. Read the 2019 claim as the age of a corporate vehicle, not of this broker.

We have not confirmed fraud, and we do not label RKX a scam. What we can say is documented: the company taking the money holds no licence; the site advertises itself as multi-regulated on the strength of permissions held by other companies, one of which does not cover retail clients; one licence number published on the site does not match the certificate behind it; and there is a consistent body of client reports about blocked withdrawals.

That combination is enough to classify RKX as high risk and unverified. It is not a safe place for money you need back.

The About page says client funds are held in segregated accounts with banking partners. No bank is named, no auditor is named, and no compensation or insurance scheme is cited.

Because the deposit-taking company is unlicensed, that segregation claim rests on the broker's word rather than on a supervisor who audits it. There is no scheme equivalent to the UK FSCS or a comparable investor compensation fund behind these accounts.

RKX states it does not serve residents of the United Kingdom, Hong Kong, Malaysia, North Korea or the UAE. Its signup form additionally declines China. UK visitors are automatically redirected away from rkx.com to a separate UK-facing domain.

Outside those, the signup form accepts residents of most countries. Note that acceptance by a form is not the same as protection: being able to open an account does not put a regulator in your country behind it.

Spreads are variable. On Micro and Core they start from 1.4 pips with no commission. On Pro they start from 0.6 pips with a commission of 6 per lot. The minimum lot size is 0.01 across all tiers.

The broker publishes no withdrawal processing times at all.

Our research found a repeated pattern of client accounts describing withdrawals left pending, profits cancelled and requests refused after a deposit had cleared, with balances released only in part or not at all. We could not verify individual cases, but the volume and consistency of that pattern is the single most serious signal in this profile. Test a small withdrawal before committing meaningful capital.

The site says funding runs through cards, bank transfer and e-wallets, and advertises more than ten payment methods and twenty account currencies.

What it does not publish is any fee schedule, processing time or minimum and maximum limit for any of those channels. That is a real gap: you cannot tell before you deposit what withdrawing will cost you or how long it will take.

MetaTrader 4 and MetaTrader 5, both available as desktop, web and mobile builds. Expert Advisors are permitted on all account types. The broker runs its own MetaTrader servers under the RKXFinancial-Live name.

Up to 1:1000 on every account tier, with a stop-out level of 30%.

That is worth pausing on. Onshore regulators cap retail leverage far lower, typically 1:30, precisely because leverage at this level can wipe out an account on a small adverse move. High leverage is a marketing feature, not a protection.

It depends on the tier. The Core account has no stated minimum deposit at all. Micro starts at 300 USD, and Pro at 2,000 USD. All three are published on the account types page.

The footer of every page on rkx.com states the site is owned and operated by RKX Financial LC Limited, registered at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. Saint Lucia publishes no searchable company register, so we could not independently confirm that company's registration number or incorporation date.

A related UK company, RKX FINANCIAL UK LIMITED, number 10684079, is confirmed active at Companies House.

Not in the way the phrase implies. The company you actually contract with, RKX Financial LC Limited, is registered in Saint Lucia and holds no forex licence of its own; Saint Lucia does not supervise retail forex.

Two real permissions sit elsewhere in the group. A UK authorisation, firm reference 833414, is held by RKX FINANCIAL UK LIMITED and is scoped to institutional clients only, so it does not authorise retail business. A South African derivatives permission is held by RKX Financial SA (Pty) Ltd and was issued on 30 June 2025. Neither covers a retail client of rkx.com.

Licence 54978 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
RKX holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
RKX has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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