bkfx is a trading name of BKFX (Pty) Ltd and BKFX LLC.
BKFX (Pty) Ltd, a South Africa-based company once licensed and regulated by the Financial Services Conduct Authority (FSCA) under FSP No. 49288.
BKFX LLC is authorized by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with company number: 701 LLC 2020.
We indeed find match results to bkfx in FSCA and SVG FSA.
But first, we'd like to remind traders that SVG FSA does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.
Second, regarding FSCA, we would like to mention that some shady brokers will falsely use the regulatory information of a licensed broker by FSCA, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of BKFX (Pty) Ltd. We would recommend exercising caution when dealing with FSCA -regulated brokers.
Overall, it is of certain risk to trade with bkfx, and we would recommend to choose strongly regulated brokers. For more details about this broker, you can check our full bkfx review.
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