RKX

RKX broker , full name RKX Financial, has been operating since 2023 and is one of the newcomer brokers that, according to Teagle's inquiry, also serves residents of Iran. A Persian website and support, MetaTrader 4 and 5, leverage up to 1:1000 and a long list of licenses are among its stated features. In this overview, Teagle's editorial team has reviewed RKX's licenses, accounts, payments, rules and risks based on recorded data.

What kind of broker is RKX?

RKX is a young broker with about 3 years of history, and its country of registration in Teagle's data is listed as Saint Lucia. According to official information, part of its operations is carried out through RKX Financial SA (Pty) Ltd in South Africa, and an entity registered in Saint Lucia has also been named for providing international services. Trading conditions, leverage and minimum deposit vary depending on the account type and the providing entity. Tradable instruments include currency pairs, stocks, indices and commodities, and scalping, hedging and the use of expert advisors are allowed.

RKX broker licenses and credibility

According to Teagle's latest review, RKX holds five active licenses:

• FCA (UK): number 833414, active.
• CySEC (Cyprus): number 436509, active.
• FSCA (South Africa): number 54978, active.
• FSA (Seychelles): number SD160, active; an offshore and weak license.
• Financial Services Regulatory Authority: number 00896-2025, active.

The list of licenses is impressive for a broker of this age, but Iranian users usually open accounts under the international entity, not the UK or Cypriot entity; so FCA and CySEC protection does not necessarily apply to them. Check the client agreement to see which company your account is opened under, and to understand this difference, read the article What are offshore and onshore brokers .

Does RKX serve Iranians?

Yes, but with one important caveat. RKX's official documents do not mention Iran, either as a permitted or a restricted country. According to Teagle experts' inquiry with this broker's Persian support, Iranians face no restrictions on receiving services, and the website and support are available in Persian. Since this confirmation is verbal and not recorded in the documents, we recommend obtaining the support team's answer in writing and keeping it before making any serious deposit.

RKX trading accounts

RKX offers three accounts on MetaTrader 4 and 5. All accounts have floating spreads, maximum leverage of 1:1000 and a 30% stop-out; requotes are not recorded, and according to the accounts table none of them has an Islamic version:

• Core account: no minimum deposit, spreads from 1.4 pips and no commission.
• Micro account: minimum deposit of $300, spreads from 1.4 pips and no commission.
• Pro account: minimum deposit of $2000 and spreads from 0.6 pips; this account's commission is not recorded in Teagle's data.

1:1000 leverage is dangerous for beginners; before using it, see the guide to leverage and leveraged trading . Although the Core account has no minimum deposit, its 1.4-pip spread is high for scalping, and the Pro account with lower spreads requires considerable capital.

RKX platforms and services

Trading at RKX is done on MetaTrader 4 and MetaTrader 5, with Windows, Mac, Android and iOS versions. Recorded additional services include copy trading, support for expert advisors and trading bots, a virtual private server (VPS) and an economic calendar. If you plan to use a bot, read the article What is an expert advisor or trading bot , and to connect your account to the software, the guide to connecting a broker to MetaTrader 4 and 5 will help you.

Deposits and withdrawals at RKX

The only recorded payment method for RKX is cryptocurrency. The minimum crypto deposit is $10, deposits are instant and withdrawals take 1 to 3 business days; deposit and withdrawal fees depend on the transfer network. Also keep two strict rules in mind: a $10 inactivity fee and a 3% penalty for changing the withdrawal method. Rial deposits and withdrawals are not recorded in Teagle's data.

RKX's rating and risk on Teagle

RKX's final rating on Teagle is 3.03 out of 5, derived from only two sources: WikiFX 3.25 and Trustpilot 2.8; no user has posted a review for it on Teagle yet. Teagle Eye's risk score for RKX is 34 out of 100, in the "low to medium risk" category. Multiple active licenses have lowered the risk, but its mere 3-year history and average credibility ratings have raised it.

Pros and cons of RKX broker

• Pro: serves Iranians with a Persian website and support
• Pro: Core account with no minimum deposit and no commission
• Pro: MetaTrader 4 and 5, copy trading and a wide range of strategies allowed
• Con: new broker with a short track record
• Con: $10 inactivity fee and a penalty for changing the withdrawal method
• Con: no Islamic account and payment methods limited to crypto

Who is RKX suitable for?

According to Teagle's expert, RKX suits Iranian traders who need high leverage and want to start with little capital. It is not an ideal option for those who want simpler rules. To weigh it against other brokers that accept Iranians, see the RKX vs Opofinance comparison and the ranking of brokers suitable for small capital .

Conclusion

On paper, RKX has strong licenses and easy entry conditions for Iranians, but the broker's youth and its withdrawal rules call for caution. Start with a small amount, keep your withdrawal method fixed from the start, make a test withdrawal and follow new warnings on the investment risk warning page .