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TKFX

No Regulation
Hong Kong
,
Since 2018
Last Updated:
37/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
500
Account Types
StandardPremium

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

fiat funding

bank transfer
Instant
Fee:
Free
Fee:
Free

Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Debit Card

debit card
Instant
Fee:
Free
Fee:
Free

E-Wallet

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor
No Regulatory Licenses
This broker currently has no verified regulatory licenses on file.

Company Information

Full Name:TKFX
Founded:2018
Headquarters:Hong Kong
Enterprise Offices:N/A

Customer Support

Phone:
+1-5859028888
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Here is a review of TKFX regarding regulations, fees, safety, and trading conditions. The purpose of this review is to provide traders with a perspective on the possible benefits and drawbacks of trading with TKFX.

Selecting a broker can be a difficult process with so many brokers available to traders, and TKFX is a broker looking to simplify this process by developing a broker that works for traders. However, there is very limited public information about TKFX. Therefore, this review will assemble available information to offer traders an informed overview of TKFX's regulation, fees, trading conditions, and overall transparency.

Company Overview

There are no available documents detailing the person or people responsible for establishing TKFX nor is there information concerning the Board of Directors. Due to this lack of documentation, it is impossible for traders to determine TKFX's level of credibility or its longevity. If a trader has any questions regarding the ability of TKFX to provide a successful trade, it is recommended that traders contact TKFX directly to validate their existence and structure.

What TKFX Can Provide

To date, there has not been enough publicly accessible information providing clarity to the account types, trading platform used, and the asset classes TKFX can provide to clients. Generally speaking, brokers will provide clients with access to FOREX, commodities, indices, and cryptocurrencies. However, due to TKFX's lack of verification for the type of instruments they provide, it is not possible to provide a comparison against other brokers. Furthermore, at this time there is no information available to determine if TKFX has a mobile application available, any educational resources available, or the level of customer service provided.

Regulatory Authority

When selecting a broker for trading purposes, the regulatory authority associated with a broker is an important factor in ensuring the safety of the client's funds. TKFX currently has yet to locate a regulatory authority verification license in their name.

Regulator License Number Status

None None No Verification of Regulation Found

The lack of regulatory coverage places a higher risk on traders of TKFX, as it has a direct impact on the level of fund protection and the process of resolving disputes.

TKFX Trading Conditions

Key criteria to look for when comparing different brokers include; trading costs, leverage level, and minimum deposit amounts. However, due to TKFX not providing this information currently, traders will not be able to draw parallels between themselves and their trades to virtually established brokers.

Trading Conditions Information

Spread Not Provided

Leverage Not Provided

Minimum Deposit Amount Not Provided

Types of Trading Platforms Not Provided

Without transparency in the trading conditions that TKFX offers, clients of TKFX would not have an adequate basis for comparing TKFX with other established brokers.

TKFX Fees and Commissions

Trade cost is the primary decision maker for significant retail traders. Currently, TKFX has not disclosed any information regarding (Deposits, Withdrawals, Commissions, and Active Fees).

Fees Information

Deposit Fees Not Available

Withdrawal Fees Not Available

Commission Not Available

Active Fees Not Available

The presence of hidden or ambiguous fees can dramatically reduce the profit potential of a trader.

User Reviews and Reputation

To date, no independently verified user reviews of TKFX have been located in any of the major online trading networks or in any commonly utilized review sites. No regulatory warning notices regarding TKFX are currently available. This lack of regulation may be an indication that TKFX is either a low profile or lesser-known broker, or that TKFX has minimal market presence. Therefore, all traders would be wise to proceed with caution when dealing with TKFX and independently verify any information regarding TKFX.

Recent Activity

Currently, TKFX has not made any announcements in the form of News Releases, Press Releases, or any statements regarding any recent activity. Therefore, TKFX may have had little activity of any kind since the publication of this review; alternatively, all activity conducted by TKFX has occurred in complete anonymity.

Conclusion

In summary, TKFX is a relatively unknown and unproven broker due to the absence of numerous unanswered questions regarding many potential risks. Even though TKFX has no known complaints or regulatory warnings, it does have a great lack of transparency. Following are the main findings of the review:

No verification of regulatory authority.

No information published regarding trading conditions or the fee schedule.

No public feedback or information available on TKFX.

High potential risk due to the lack of transparency.

Traders should research fully in advance prior to choosing to open an account with TKFX, specifically requesting proof of the totality of TKFX's verifiable regulatory licenses, trading conditions, and full disclosure of the account fee structure. Choose a broker with a regulatory authority, full disclosures regarding trading and all forms of detailed and established backgrounds within this highly regulated industry of trading.

Regulatory Licenses

Compliance & oversight

No Regulatory Licenses

This broker does not have any verified regulatory licenses on file.

Trading with unregulated brokers carries significant risks.

Account Types

Trading account options

2 types
Standard
Standard
Min Deposit USD 100 • Leverage 1:500 • Commission Standard spreads reported from ~ 2 pips
Min DepositUSD 100
Leverage1:500
CommissionStandard spreads reported from ~ 2 pips
Premium
VIP
Leverage 1:500
Leverage1:500
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
fiat funding
Bank TransferInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Credit Card
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Debit Card
Debit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
E-Wallet
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
4
Free Deposit
4
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with TKFX: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark TKFX at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for TKFX

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
http://tkfxgroups.com/
Unknown
Active
SSL
0
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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