This website can be accessed worldwide however the information on the website is related to AKFX Financial Services Ltd. A company formed under the Companies Act of Malta. All clients will directly engage with AKFX Financial Services Ltd. and all client agreements will be entered into with AKFX Financial Services Ltd. and are therefore governed by the Maltese Laws.
Any fact, assessment, analysis, forecasts, opinion and other information (collectively “Information”) released by AKFX Financial Services Ltd.
Any director, officer, employee or representative here whether provided on the AKFX websites, on third party websites, in marketing materials, newsletters, in individual e-mails and letters, in lectures, individual conversations or in any other form of written or verbal communication (collectively “Publications”) are provided for informational and/or marketing purposes only.
Unless specifically stated, no Publication of the AKFX Financial Services Ltd. should be construed as an offer (or solicitation of an offer) to: buy or sell any currency, product or financial instrument, make any investment, or participate in any particular trading strategy (collectively “Offers”).
Notwithstanding anything to the contrary (not even if specifically stated), no Publication of the AKFX Financial Services Ltd. should be construed as an Offer in any jurisdiction in which such Offer would be illegal. Any such perceived Offer will not be honored by the AKFX Financial Services Ltd.
AKFX Financial Services Ltd. is formed under the Companies Act of Malta, registration C60473. It is regulated by the Maltese Financial Services Authority and holds a Category 2 Investment Services License (IS60473). https://www.mfsa.com.mt/pages/licenceholder.aspx?id=5240
The Malta Financial Services Authority MFSA is the single regulator for financial services in Malta. It was set up by special Act of Parliament, the Malta Financial Services Authority Act, 1988 as amended in 1994 and 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. – MFSA
Established by statute on 1988
Full Member of
European Banking Authority (EBA),
European Insurance and Occupational Pensions Authority (EIOPA)
European Securities and Markets Authority (ESMA).
International Organization of Securities Commissions (IOSCO)
International Association of Insurance Supervisors (IAIS)
Malta the World Economic Forum’s Global Competitiveness Index 2014-2015
1. Ranked 47 out of 144 in the Global Competitiveness Index
2. Ranked 35 out of 144 in the category ‘Financial Market Development’
3. Ranked 10th in the world for ‘Sound Banking System’
Stable Political and Economic Climate
1. Malta is a Parliamentary Republic with a strong democratic tradition and member of the European Union.
2. Politics is dominated by two long established and respected political parties
3. Acknowledged by the EU for its liberal economic policies and open economy
4. Understood by multi-national companies as a business environment ripe for investment
5. Internationally acclaimed modern legal and taxation framework
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It was established by law on 23 July 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.
The financial services sector incorporates all financial activity including that of credit institutions, financial and electronic money institutions, securities and investment services companies, regulated markets, insurance companies, pension schemes and trustees. The MFSA also manages the Registry of Companies and has also been appointed as the Listing Authority.
AKFX Business Terms & Policies
In these General Business Terms (hereinafter the “Terms”) the following terms shall, unless the context otherwise pledges, have the following meanings and may be used in the singular or plural as appropriate:
No Representation, No Warranty
AKFX uses reasonable efforts to obtain information from reliable sources, but all Publications are provided on an “as is” basis without representation or warranty of any kind (neither express nor implied) and the AKFX disclaims liability for any Publication not being complete, accurate, suitable and relevant for the recipient. Specifically, the AKFX disclaims liability towards any subscriber, client, partner, supplier, counterparty and other recipients for:
Privacy and Use of Personal Data
The General Data Protection Regulation, or GDPR, is a European privacy law effective starting May 25, 2018. The GDPR regulates how individuals and organizations may collect, use, and retain personal data, which affects AKFX as well.
When data is provided to us, we use it solely for the purposes for which it was provided. Confidential information will not be disclosed to third parties. We recognize that your information is valuable and we take all reasonable measures to protect it whilst in our care.
Apart from the additional information provided by this update, the operation of the AKFX Financial Services Ltd. website has not changed or being modified. The details contained within this page is provided to ensure you are fully aware of the ‘cookies’ we have in use, allowing you to make an informed choice about you continue acceptance of them.
What are cookies?
To provide you with a good experience we sometimes place small files known as cookies on your computer. A cookie is a text file made up of letters and numbers that allows us to distinguish your browser/device from another visitor’s browsers/device.
To learn more about cookies and how to manage those via your browser/device please visit aboutcookies.org
Due to AKFX operating as a pure STP broker it is not attainable to disclose the maximum values or setting for slippage. As an STP broker we do not hold any risk and our client base trade with the market based on market execution.
As set out in the revised Online Forex document issued by the Malta Financial Services Authority (“MFSA”) on 03rd
April 2017, the Company is required to inform its clients at the outset about the Company’s policy on the use of
Expert Adviser (AE) as part of the clients trading strategy.
What is an Expert Advisor?
The forex expert advisor is a program capable of performing in the terminal (trading platform MT4) any action following the instructions of a trader, without his direct involvement. All tasks are performed automatically or mechanically, which is why the advisors are called experts or mechanical trading systems (MTS). This is a program sending applications to a broker without any intervention on the part of the trader. You install a profit forex expert advisor to the existing forex online trading platform, which is connected to the server broker, adjust all the settings, and the advisor will begin trading according to a pre-set strategy of the client.
Creation of an Expert Advisor
Forex Expert Advisors for MetaTrader4 are written in the MQL4 programming language. This language was developed by the manufacturer of the trading terminal specifically for writing expert advisors. It allows the trader to program the trading system without any difficulty, which will trade in online mode day and night.
Use of Expert Advisor
AKFX Financial Services Ltd. does not offer any Expert Advisor program to its clients and does not provide any technical information and support for any Expert Advisor program.
AKFX Financial Services Ltd neither advising nor recommending the use of any Expert Advisors. We simply offer our educated clients with a vehicle to trade their funds using Expert Advisors within forex market. It is the client’s responsibility to understand the functionality, technical requirements, advantages and disadvantages of the chosen Expert Advisor. AKFX Financial Services Ltd does not offer any customer and/or technical support for Expert Advisors chosen/used by the client.
AKFX Financial Services Ltd and its directors, officer and personal will not be responsible for any of the following but not exclusively limited to: