CK Markets Review
Reason to avoid: No License
Listed Date: November 8, 2018
Top 3 Regulated Forex Brokers
Beware CK Markets is a Non-Licensed Broker. It is NOT SAFE to trade.
- Company name:
CK Markets Ltd.
- Registration Address/ License:
Saint Vincent and the Grenadines. Offshore License, No Regulation.
CK Markets is Forex and CFD’s trading provider and platform that offers a diversity of products through industry-leading MetaTarder4. The company claims its professionalism and dedication to the clients need through their dynamic approach and 100% client focus.
The broker’s office is located in an offshore area Saint Vincent and the Grenadines while there is a local registration by the Financial Service Authority, yet which does not supervise and implement necessary protection rules to investment firms.
As it turned out that CK Markets is not overseen, regulated or authorized by any serious industry regulator all their states about reliability and trust are simply just words. That means that the safety of the trading, investment and trader’s funds, in particular, are at the highest risk, as the CK Markets not obliged to perform an operation in a way that provides security to the traders.
Besides, the CK Markets has received already complaints from the engaged traders which faced some misleads in trading offering during the sessions and in general throughout the CK Markets performance. In turn, in order to avoid unlikely situations industry authorities advises to involve in investments or trading only with the firms that prove their maintenance of reliability and trust.
And this is the main reason why we advise trading with the Regulated Brokers only that holding a reliable license and are constantly overseen, with a report of every open trade along to the scheme coverage or even more. There are many companies that are licensed by the regulators like UK’s FCA, Cyprus CySEC or others that are recommended as the best trading company provider.