Score
BK Market
United Kingdom|5-10 years| http://www.bkmgll.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
bkmgll.com
Server Location
United States
Website Domain Name
bkmgll.com
Server IP
50.63.202.51
Company Summary
General Information & Regulation
BK Market is said to be a UK-registered broker, the company behind it called BK Market Group Ltd, which turns out to be an offshore investment company not falling under any regulatory agency. So, it is unsafe to trade with this broker.
Markets Instruments
BK Market offers its clients forex pairs, as well as CFDs on indices, commodities, global equities and crypto currencies,
Minimum Deposit
There is no information about the minimum deposit requirement on the BK Market. Have in mind that with most brokers you can open a trading account with about 250 USD and with some big players you can start trading with less than 5 USD.
Leverage
With a leverage of up to 1:200, as offered by BK Market you can score good profit with a limited investment. Still, be aware that higher leverage comes with a price – the higher the leverage, the higher the risk of loosing your funds with the slightest fluctuation of the market.
Spreads & Commissions
Unfortunately, BK Market does not specify its spreads on particular instruments, when it comes to this part.
Trading Platform Available
BK Market offers a web based trading platform, which lacks some basic features, standard with classic trading platforms such as the MetaTrader4.
Deposit& Withdrawal
Potential clients of the brokerage have a very poor choice of payment methods before them. They may deposit or withdraw only via VISA and MasterCard, bank/wire transfer and bitcoin. Popular options such as Skrill or Neteller are missing. There are both deposit and withdrawal fees. There are as follows: 1.5 per cent for credit cards, 2.5 per cent for bitcoin and 1 per cent for bank and wire transfers respectively.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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