Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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RKX Review: Accounts, Platforms and Who It Suits

· By Trader X

Partner disclosure: Trading Clearly may earn a commission if you open an account with RKX through our links. This doesn’t affect our review or score.

RKX is an online broker offering forex, gold and other CFD markets on the popular MetaTrader platforms. In this review we look at its accounts, costs, platforms and who it’s best suited to.

RKX at a glance
Company you sign up with RKX Financial LC Limited (Saint Lucia)
Other group companies RKX Financial SA (Pty) Ltd (FSCA, South Africa), RKX Financial UK Ltd (FCA, UK)
Platforms MetaTrader 4, MetaTrader 5, copy trading
Account types Micro, Core, Pro
Minimum deposit From $0 depending on account — check current figures with RKX
Maximum leverage Up to 1:1000
Not available in UK, UAE, Hong Kong, Malaysia and other restricted countries
Our score [To be added after testing]

Account types

RKX offers three main accounts:

  • Micro — spreads from around 1.4 pips, no commission. Suited to smaller trade sizes.
  • Core — spreads from around 1.4 pips, no commission. A straightforward everyday account.
  • Pro — spreads from around 0.6 pips plus a commission per lot. Suited to more active traders.

Spreads shown are RKX’s published minimums (“from” figures). Actual spreads vary through the day, especially around news.

Platforms

RKX supports MT4 and MT5 on desktop, web and mobile, so you can trade from your PC, Mac, iPhone or Android. If you’re new to MetaTrader, see our guide How to install MT5.

Deposits and withdrawals

You can fund your account from RKX’s client area. Before depositing, check the available payment methods, any fees and typical withdrawal times for your country. Reputable brokers only pay withdrawals to accounts in your own name.

Regulation and your account

New retail clients open accounts with RKX Financial LC Limited, registered in Saint Lucia. The group also has companies regulated in South Africa and the UK, but those aren’t the company retail clients join through our link. Accounts are governed by Saint Lucia law and negative-balance protection isn’t offered — so use stop-losses and keep position sizes sensible.

Who is RKX for?

RKX may suit traders who:

  • Want MetaTrader 4 or 5
  • Prefer a choice of simple and lower-spread accounts
  • Live in a country RKX accepts clients from

How to open an RKX account

  1. Click Visit RKX on our compare page.
  2. Complete the registration form on RKX’s website.
  3. Verify your identity and address in the client area.
  4. Choose your account type and platform, then fund your account.
  5. Download MT4 or MT5 and log in.

Frequently asked questions

Does RKX offer MT5?
Yes — RKX supports both MetaTrader 4 and MetaTrader 5.

Which RKX company will I sign up with?
Retail clients joining through our link open accounts with RKX Financial LC Limited (Saint Lucia).

What is RKX’s maximum leverage?
Up to 1:1000, depending on the account and market. Higher leverage magnifies losses as well as gains.

Next step: Compare RKX with other brokers available in your country.

Capital at risk. This review is general information, not investment advice. Details checked [DATE] — confirm current terms on RKX’s website.