Legal
Execution Policy
KFX's intended order-routing and execution framework.
1. Execution model
KFX's brokerage model is designed around A-Book/STP execution, where client orders are routed for external execution through designated liquidity and execution arrangements. The live setup, counterparties, and conditions are subject to KFX's actual agreements and infrastructure.
2. Execution factors
Execution outcomes depend on price, speed, liquidity, order size, and market conditions. During volatile or illiquid periods, orders may execute at prices different from those requested.
3. Order types and slippage
Market, limit, and stop orders behave differently under fast markets. Slippage can be positive or negative, and stop orders do not guarantee execution at the specified level.
4. Review
This framework is reviewed as KFX's infrastructure and execution arrangements evolve. The definitive policy text is maintained and approved by KFX.
- Company
- KFX Ltd (trading as KFX – Kasuwar Forex)
- Registered with
- Corporate Affairs Commission (CAC), Nigeria
- CAC RC number
- Pending confirmation
- Contact
- kasuwarforex@gmail.com
KFX Ltd is registered with the Corporate Affairs Commission (CAC), Nigeria. Company registration is not a financial-services licence. Forex and CFD trading involves significant risk and may not be suitable for all investors.
Questions about our legal documents?
Contact KFX through the support channels before trading.