Most frequently asked questions

Here are the most common questions a trader would normally ask us or consider to ask before opening an account with us.
For more information on help resources related to BKS Fintech and the products we offer,
simply type your question below or visit our live chat service.

BKS Fintech offer two types of accounts, Standard account and our market leading, ECN account.
ECN Account: This account shows the Raw inter-bank spread received from our liquidity providers. There is a commission charge of $7 per standard lot round turn.
Standard Account: We do not charge a commission on Standard accounts but instead, there is a mark up applied to the spread of 0.6 pip above the raw Inter-bank rate received from our Liquidity providers.
Further information about the different types of trading accounts available can be found on our Account Overview page.

BKS Fintech has two MetaTrader account types, a Standard account and our market leading, The ECN account. BKS Fintech does not charge a commission on Standard accounts but instead applies a spread mark up of 0.6 pip above the Raw inter-bank prices received from our liquidity providers. BKS Fintech ECN account shows the raw inter-bank spread received from our liquidity providers. On this account we commission of $7 per standard lot round turn.
Below are commission rates for different base currency accounts:
AUD7.00 round turn
USD7.00 round turn
EUR5.50 round turn
GBP5.00 round turn
SGD9.00 round turn
JPY700.00 round turn
CHF6.60 round turn
NZD9.00 round turn
HKD54.25 round turn

BKS Fintech allows clients to open an account with as little as USD $200 or currency equivalent.

Our mission is to provide traders with the lowest spreads and fastest executions possible across over 285 Forex products including Forex, precious metals, stocks, futures and other commodities. We have invested heavily in technology and establishing strong relationships with the largest and most reliable price providers in the market.
To find more about products offering click here: range of products.
We also strongly suggest to thoroughly read our Product Disclosure Statement and Account Terms available for the attached costs, risks and your responsibilities before deciding to trade with us.

This is one of the most frequently asked questions. The difficult part in understanding ECN and STP meanings is that those have been interpreted differently by many people. There are three main business models used by Forex brokers which differ by the way the transactions are handled and orders are executed: ECN, STP and Market Makers.
ECN: ECN stands for 'Electronic Communication Network' which is simply a technical term that is used to describe how banks and liquidity providers connect to each other to form a bid and offer price. In the Forex industry, it can be used to identify providers who use this type of pricing mechanism in order to offer raw interbank pricing to retail traders. Under this model your broker will stream raw prices and your trades will be offset with another client, a liquidity provider or held internally by the broker. This usually results in faster trade execution. This is distinct from order execution that may result in an offsetting order placed with a liquidity provider.
STP: This term stands for Straight Through Processing and is used when a Forex and CFD provider processes all trades at market prices obtained from liquidity provider(s) not on prices created by the broker themselves. This is not dissimilar to the ECN pricing model in that there is no dealing desk intervention when the trade is processed.
Market Maker: In Australia all Forex and CFD providers including BKS Fintech have the market making authorisation on their AFS licence, however many do not consider themselves market makers. Typically, market makers operate a dealing desk in order to create their own prices, these prices can be based on their own proprietary trading positions or overall risk exposure and may not reflect the prices in the underlying market.
BKS Fintech is the issuer of the products it provides. We consider ourselves to be a forex provider offering the ECN pricing model as we source our pricing from external unrelated liquidity providers via an ECN, these prices are passed onto you with no dealing desk intervention. In order to provide you with better price certainty and to ensure fast execution speed we do not hedge each and every position with our liquidity providers. We do this in order to provide you with a better overall trading experience.

Opening an account is simple. Click on the Open a Live Account link and complete your application form.
Once your on-line application form has been approved by our accounts team you will be emailed your trading account login details and password.

BKS Fintech的日常问题

Opening a live trading account with BKS Fintech is simple.
Please follow these steps to get started:
▪ Fill the online registration form to create an BKS Fintech profile
▪ You will receive an email containing a link to verify your email
▪ Verify, complete the application and submit your documents
▪ Get approved and receive your approval email
▪ Login into your BKS Fintech Trader’s Portal and create a live MT5 account
▪ Fund your account and start trading

Before a client can trade with us for the first time on a new account (even when they have previously held an account), we need to perform identity and residential address verification. Moreover, as part of the due diligence process, you may be required to provide proof of your residential verification and certain information regarding the payment method you wish to use to fund your account.
Our requirements for identity verification may include the following:
1) A government issued identification document (ID) that contains all the following information:
▪ Photo
▪ Identity number
▪ Full name
▪ Date of birth
▪ Date of expiry
2) A residential verification document, displaying your full name and address. The residential verification document should be issued by a financial institution, utility company, government agency or a judicial authority and can be one of the following:
▪ Bank statement
▪ Credit card statement
▪ Electricity bill
▪ Water or gas bill
▪ Council tax bill
▪ Tax letter
▪ Phone bill
▪ Television services bill, or
▪ Internet bill

Once we receive your application with the required documents, your account will be processed within 2 business days.

Yes, BKS Fintech is regulated. BKS FINTECH CO LTD is a well-capitalized company that complies with the authoritative approval of Canada's FTR MBS (Money Services Business) and implements a comprehensive and effective compliance regulatory plan (INCORPORATION NUMBER: 1286155-1).

One of the benefits of trading with a regulated firm is that you know you are contracting with a reliable provider in a regulated environment, which has stringent rules and regulations designed, in particular, to protect the interest of retail clients.

Please follow the Company’s Complaint handling Policy



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