The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity by the name of GKFX Trading Account (“the Entity”) which has an internet presence at https://gkfxtradingaccount.com/. This website is making unauthorised use of the details and website contents of an MFSA licensed company, AKFX Financial Services Ltd, as well as its registered trademarks containing the letters “GKFX” in an effort to deceive the public.
The Entity might also be making use of social media and other networking channels such as Telegram to interact with and potentially defraud prospective consumers.
The Authority would like to inform the public that https://gkfxtradingaccount.com/ is NOT a Maltese registered company NOR is it authorised to provide any financial services in or from Malta. Additionally, https://gkfxtradingaccount.com/ has NO association with AKFX Financial Services Ltd and/or its registered trademarks containing the same letters “GKFX”.
The website https://gkfxtradingaccount.com/ appears to be a clone of the website of the legitimate entity. The public should therefore refrain from undertaking any business or transactions with the false entity.
| Maltese Registered Entity | Clone |
| AKFX Financial Services Ltd (LEI Code: 213800UZ73DEF7ODRY83) |
GKFX Trading Account |
| https://www.gkfx.eu | https://gkfxtradingaccount.com/ |
| C 60473 | C 60473 |
| Floor 5 The Penthouse, Lifestar Testaferrata Street Ta’ Xbiex Malta XBX 1403 |
5th Floor Global Capital Building Triq Testaferrata Ta’ Xbiex Malta XBX 1403 |
| Investment Firm licensed in terms of the Investment Services Act |
Unlicensed |
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.
Investors are advised to be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.
A list of entities licensed by the MFSA can be viewed on the official website of the Authority at https://www.mfsa.mt/financial-services-register/.
For more information on clone companies please refer to the Scam Detection Guidelines issued by the MFSA at https://www.mfsa.mt/consumers/scams-warnings/typical-scams/. If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.
