MFSA Warning - - Clone
APRIL 21, 2022

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 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 is NOT a Maltese registered company NOR is it authorised to provide any financial services in or from Malta. Additionally, has NO association with AKFX Financial Services Ltd and/or its registered trademarks containing the same letters “GKFX”.

The website 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
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

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

For more information on clone companies please refer to the Scam Detection Guidelines issued by the MFSA at 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 as soon as a suspicion arises.