AKDForex Review

Overview

This young and dynamically developing Forex broker offers traders favorable trading conditions as well as innovative solutions.

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Details

BrokerAKDForex
Website URLakdforex.com
Founded2017
HeadquartersGovant Building, PO BOX 1276, Port Vila, VANUATU
Support Number8 (800) 500-66-43
Support TypesPhone (including the form of a free callback from the site), e-mail
Minimum 1st Deposit100$
Minimum Trade Amount0,1$
PayoutUp to 95%
Leverage1:100
Spreadfrom 0 points
Free Demo Account Open Demo
Regulated Yes
RegulationVFSC (No40155)
Account TypesDemo, ECN, Standard, Prime
Deposit MethodsBank transfers, credit and debit cards MasterCard, Visa, Skrill, Payments
Withdrawal MethodsBank transfers, credit and debit cards MasterCard, Visa, Skrill, Payments
Number of Assets439
Option TypesCurrency, indices, shares, SPOT-metals, CFDs, crypto-currencies (BitCoin, BitCoin Cash, Ethereum, Ethereum Classic, Dashcoin, LiteCoin, AltCoin, Monero, Ripple, ZCash)
Account CurrencyUSD
US Traders Allowed No
Mobile Trading Yes
Overall Score8/10

Full Review


AKDForex is a young and dynamically developing Forex broker. It offers its clients favorable trading conditions and innovative solutions. Its staff members are highly professional. All of this has enabled the company to successfully start and take its niche among competitors.

Of course, you’d like to know whether AKDForex is a fraudulent company, it’s worth your trust. We’ll answer this question here below.

AKDForex is an online broker of the new generation. Its primary objective is to make Forex available for everyone. That’s why it pays so much attention to modern services and innovative technologies that meet the requirements of different categories of traders – from beginners to professionals. The company’s clients can take advantage of one of the most reliable and popular trading terminals – Metatrader 4 and Metatrader 5 (including web and mobile versions), which makes trading convenient at any time and in any place. To provide the user with the most favorable prices and also to ensure the striking speed of transactions, the company uses STP technology, which is currently offered by nearly all leading brokers. It successfully cooperates only with proven liquidity providers.

Taking care of every trader, the broker offers comfortable and transparent terms of trade for everyone, regardless of experience and strategy (trading the news, automatic and manual trading, trading with robots, etc.). All market players can count on low spreads, low entry threshold (only $100), low brokerage commissions, a large number of instruments – more than 300 (not only Forex currency pairs, but also metals, American and Asian trading sites).

In addition, being aware of the fact that the owner of information owns the world, the broker has provided enough high-quality analytics that helps to keep up on the latest developments in the world of finance (trade recommendations, daily reviews, and news, etc.). The company publishes a variety of training materials in a convenient format that will enable you to grasp the very basics of Forex trading, improve trading skills (webinars, video tutorials, training aids).

All of this is available on the web pages of the impressive project «The Academy of Trading and Investments», the advantages of which can be used by all the traders of the company. The Academy is a specialized center for the training of traders in the currency, stock and commodity markets, which gives an opportunity to obtain professional trading education and experience under the supervision of skilled tutors. For those who are just getting started in Forex trading, it’s especially beneficial to work with PAMM services and copy transactions of successful traders (truth about Forex).

 

Replenishment and withdrawal of funds

AKDForex offers different ways to deposit and withdraw funds. It’s worth noting that they’re still very few. In order to replenish your trading account, you need to register with the broker, deposit the required amount, choosing a convenient way of transferring funds (the minimum deposit is $100). To deposit funds, you can use different payment options presented on the site:

  • Bank transfers (1-5 working days),
  • Credit, debit cards VISA, MasterCard ( instantly),
  • Electronic payment systems Skrill, Payments (instantly).

 

Complaints about AKDForex

AKDForex is a young Forex broker in the market. It’s just starting its path in trading. Notwithstanding the fact that it currently offers a lot of interesting options for trading, special attention is paid to the quality of service. The broker follows modern trends. There aren’t many reviews about in on the Internet.

The company’s key advantages include a reliable trading terminal, favorable conditions, interesting services, trouble-free withdrawal of funds, fast and qualitative technical support and a warm attitude towards the client. There aren’t negative reviews about the broker on the web yet. It can be explained by the fact that the broker has come to the market quite recently. Therefore, it hasn’t had enough time to get a significant response from the traders. Let’s note that AKDForex has a good chance to take a leadership position. To avoid problems with the broker, ask your personal manager about the terms of account verification, rules for using bonuses and withdrawal intricacies.

If we find complaints about AKDForex, we will post it on social media. Follow us to be well informed:

 

Is AKDForex a scam?

AKDForex is one of the youngest Forex brokers in the market, which positions itself as a new generation company that provides high-quality innovative services and favorable terms of trade. Having built its unique approach to trading, the company shows its serious intentions to firmly establish itself in the market. It should be noted that the Internet presents a minimum of traders’ reviews about the broker. It can be explained by the fact that it hasn’t self-actualized and gained its audience yet. However, being dynamic, modern and having its own position, this broker has all chances to become a market leader.

One of the most positive features is the provision of one of the most popular trading terminals among traders around the world – Metatrader 4 and Metatrader 5. A serious positive aspect of the company is the impressive «Academy of Trading and Investments» project, which enables users to get a professional education and use high-quality analytics – all this speaks for a thoughtful policy of working with the client, which is usually not available to scammers.

The certification of AKDForex is also a significant step towards the company’s trust on the part of the trader. Should we consider AKDForex to be a scam? We guess it’s too early to draw such conclusions. However, you can protect yourself by working properly with your personal manager.

 

Regulation of the broker

AKDForex is registered in the Republic of Vanuatu. It’s licensed to conduct brokerage activities by the Vanuatu Financial Services Commission (VFSC, No40155).

Check VFSC license on AKDForex website

 

Conclusion

The Forex broker AKDForex is a young, but dynamic company that has a good chance to take a leading position among top-notch professionals of Forex trading. There aren’t many reviews about the broker on the web now. It’s because it’s still new in this field. It has yet to find its audience. So, it has enough time to generate more feedback in the future.

The broker is currently getting especially attractive to traders due to the provision of favorable terms of trading and high-quality services. The presence of an impressive project dedicated to the professional training of traders, high-quality analytical materials – all of this indicates that the broker plans to work seriously with its users and intends to take a firm position in the market.

We hope that the company will proceed with its successful start, keep developing, offering its users more advantages. We should note that the broker hasn’t shown its potential in full, so it’s too early to ascertain whether it’s a scam or a reliable company. However, the traders’ responses we’re waiting for this review can significantly change the broker’s rating. The reviews will also warn against possible problems for users of the company in the future.

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