Score

1.47 /10
Danger

SingK

Suspicious Regulatory License

White label MT4

The server is only located in China.

High potential risk

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Comparison

Expose

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.71

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

SingK · Company summary

Since SingKs official website (http://skfxtrade.com/)no longer works, we had to resort to scraping together information from other sources to get a feel for the its forex broker operations.

General Information

SingK is supposed to be a forex broker, with its registered regions not disclosed. But we are sure that this broker is a young-established one, for its domain is less than 5 years. SingK is the trading name of SingK Trade Global Limited, with its company registration number not disclosed, either.

SingK

As far as we can tell, SingK is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.18 out of 10 overall. Don't be oblivious to the potential danger.

WikiFX

Trading Platform

Surprisingly, SingK offers the leading MT4 trading platform, among the most popular around the world. Some outstanding features shared by MT4 include the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

Worryingly, traders who have any inquiries can only get in touch with SingK through email: singktrade@mail.top. Consequently, you will not be able to get in touch with this broker quickly if there are issues with your trading procedure. What's more, if you have trouble making a withdrawal, any money you may have lost is gone for good.

Risk Warning

There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

Please keep in mind that the data presented in this article is meant to serve as a guideline only.

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