ACFX / GKFX Forex Review | Why is this a scam? Personal testing and user complaints revealed in September 2025

1. Platform Background Check

• Brand Name : ACFX (A Capital Forex) / GKFX Forex (often used interchangeably or as a clone)

• Official website : Recently, common ones include acfxforex.com, gkfxmarkets.net, etc. Multiple mirror sites are frequently changed.

• Claimed headquarters : London, England / Malta (page content inconsistent)

• Domain name registration : All domain names were registered within the past two years, and the history is not too long.

• Company registration information : cannot be verified with Companies House in the UK or the Malta MFSA

• Promotional tactics : Often use fake FCA and MFSA regulatory license numbers, which do not exist after official verification.

📌Conclusion : ACFX / GKFX Forex is a typical clone platform that misleads investors by confusing similar brand names.

2. Personal test results in September 2025

• Account opening process : You only need an email address to open an account, no identity verification requirements;

• Deposit experience :

• A test deposit of 100 USDT was made through a third-party payment channel and the funds were received quickly.

• There is no invoice or official receipt, and payment is made to a personal wallet address.

• Trading experience :

• The platform claims to be "genuine MT4/MT5", but is actually a pirated shell;

• The EUR/USD spread is extremely abnormal, often ranging between 6–10 pips;

• There were serious delays in placing orders and slippage occurred multiple times.

• Withdrawal experience :

• I applied to withdraw 50 USDT as a test, but the system displayed "Processing", but the funds did not arrive in my account after 10 days.

• Customer service required an additional 300 USDT as an "account activation fee", otherwise the withdrawal would not be allowed.

📌Conclusion : The platform allows easy deposits, but withdrawals are blocked artificially, which is a scam.

3. Real Cases of User Victims

• Case 1

• Name : Zhao (Shanghai, China)

• Deposit amount : 12,000 USDT

• Encounter : The trading account was forced to close, the backend quotes were significantly different from the real market price, and all funds were lost.

• Case 2

• Name : David (London, UK)

• Deposit amount : £9,000

• Encounter : After applying for cash withdrawal, I was asked to pay "20% prepayment tax", but the money still did not arrive after payment.

• Case 3

• Name : Ali (Dubai)

• Deposit amount : $5,000

• Encounter : Account was frozen, customer service was disconnected, and funds could not be recovered.

📌Statistics : In September 2025, BrokerHiveX received 7 complaints about ACFX/GKFX Forex, with a total loss of more than $90,000 .

IV. Supervision and Compliance Verification

• UK FCA : No registrations related to "ACFX" or "GKFX Forex"

• Malta MFSA : No relevant license records

• Australian ASIC : Unregistered

• US NFA BASIC : Unregistered

• Cyprus CySEC : No filing

📌Conclusion : This platform is completely unregulated and all claimed licenses are fake.

5. Fee trap

• High spread : EUR/USD spreads are 6–10 pips, much higher than the regulatory level (0.5–1 pip);

• Hidden fees : an "account maintenance fee" of $50 per month is charged;

• Withdrawal trap : set high threshold, minimum $500, and require additional "unfreezing fee";

• False charges : Using "taxes" or "anti-money laundering checks" as excuses to defraud additional funds.

VI. Third-Party Media and Warnings

• WikiFX : Ranked ACFX/GKFX Forex as "high risk," with user complaints primarily focusing on withdrawal issues.

• FX110 : Received multiple user reports and labeled as a "black platform";

• TraderKnows : points out that the platform frequently changes its domain name, which is a typical characteristic of short-term scams.

7. Comparison with Compliant Platforms

📌Conclusion : Compared with regulated brokers, ACFX / GKFX Forex is completely unsafe.

8. Multi-dimensional scoring

IX. Conclusion

ACFX / GKFX Forex is a typical scam platform :

• No regulatory filing

• The company information is false and pretends to be a formal institution

• Easy to deposit, difficult to withdraw

• The amount of complaint cases is huge

⚠️ BrokerHiveX Conclusion : ACFX / GKFX Forex is extremely risky. Investors must stay away to avoid financial losses.