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Company Profile

Regulations

REGULATIONS

OUR REGULATOR

AKFX Financial Services Ltd is a Category II Investment Services company (Registration Number C60473) authorised by the Malta Financial Services Authority.

As a fully EU regulated broker, AKFX Financial Services Ltd is passported in Europe under MiFID II (EU Markets in Financial Instruments Directive).

What is MFSA?

The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. Established on July 23, 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.

EUROPEAN REGULATION

AKFX Financial Services Ltd is fully compliant with MiFID II and ESMA regulations and enjoys Freedom of Services and Establishment within the European Union.

PROTECTION OF FUNDS

Investor Compensation Scheme

AKFX Financial Services Ltd is part of a client protection program named Investor Compensation Scheme. They are safeguard mechanisms against financial failure or insolvency cases.

It was established based on the EU Directive 97/9 on investor-compensation schemes. It functions as a rescue fund of failed investment firms for retail investors as well as smaller businesses, charities and trusts.

The goal is to provide compensation to any Retail investor “who has entrusted money or instruments to a license holder in connection with licensed business.” The compensation is paid only if the license holder ceases to conduct business due to financial difficulty or insolvency.

The compensation covers the lesser of ninety percent (90%) of all claims by the investor or up to €20,000.

All payments are in the same currency as the investment. Investor may only submit one claim regarding all investments in aggregate with the license holder.

Segregation of Client's Funds

All client funds held by AKFX Financial Services Ltd comply with the laws of Malta, MiFID regulations and the regulations of the Malta Financial Services Authority (MFSA).

Your cleared balance (funds currently not margined by open positions) is maintained in a segregated account, in compliance with approved banks. They are collectively held together with other clients although each account is always kept segregate. In the unlikely event that AKFX Financial Services Ltd becomes insolvent, your funds would not be available to its creditors.

GKFX is a trademark and trading name of AKFX Financial Services Limited © 2019 AKFX Financial Services Limited – all rights reserved.
gkfx.eu, gkfx.de, gkfx.es, gkfx.ae, gkfx.it are owned and operated by AKFX Financial Services Ltd.

RISK DISCLOSURE

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. See our full Risk Disclosure and Terms of Business for further details. 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. See our full Risk Disclosure and Terms of Business for further details.

73% of retail investor accounts lose money when trading CFDs with this provider.