Score

1.41 /10
Danger

Forextk

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.22

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2025-01-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Forextk · Company summary
Forextk Review Summary
Founded2020-11-26
Registered Country/RegionAustralia
RegulationUnregulated
Market InstrumentsBonds/Commodities/Stocks/Cryptocurrencies/Currencies
Demo Account
LeverageUp to 1:1000
Spread/
Trading PlatformForextk
Min Deposit$10
Customer SupportSocial Media: Facebook, Twitter, Instagram

Forextk Information

Forextk is a broker. The tradable instruments with a maximum leverage of 1:1000 include stocks, bonds, currencies commodities, and cryptocurrencies. The broker also provides three major accounts. The minimum deposit is $10. Forextk is still risky due to its unregulated status, high leverage, and unspecific fee information.

Forextk Information

Pros and Cons

Pros Cons
Various tradable instrumentsUnregulated
Leverage up to 1:1000Unspecific fees information
Demo account available

Is Forextk Legit?

Forextk is not regulated, which makes it less safe than regulated brokers.

Is Forextk Legit?
Is Forextk Legit?

What Can I Trade on Forextk?

Traders can choose different investment directions because the broker provides stocks, bonds, currencies commodities, and cryptocurrencies.

Tradable Instruments Supported
Bonds
Commodities
Stocks
Cryptocurrencies
Currencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on Forextk?

Account Type

Forextk has account types with different stop loss: Swap free, ECN, and Pro ECN. Traders with low deposits can choose an ECN account.

Account Type Swap freeECNPro ECN
Min deposit-$10$200
Stop Out40%40%45%
Leverage1:30~10001:30~10001:30~1000
Account Type

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Forextk provides a built-in trading platform instead of authority MT4/MT5 to invest.

Trading PlatformSupported
Forextk
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. Deposit and withdrawal methods include Skrill, MasterCard, VISA, etc.

Deposit and Withdrawal

Customer Support Options

Traders can follow Forextk to learn more via Facebook, Twitter, Instagram, etc.

Contact Options Details
Social Media Facebook, Twitter, Instagram
Supported Language English
Website Language English
Physical Address /

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Ali7818
more than one year
41203-1023769-7 Hatu Ko Batu: Got Biju Khan Ghazbi Post Office Biro KhanKatbi, Shenhan Warbo, Tehsil Khairpur Nain Shah,Dadu DistrictPermanent Address: Got Beru Khan Ghazbi, Post Office Beru KhanGhazbi, Shenhan Warbo, Tehsil Khairpur Nain Shah,District Dadu. +923442568093
41203-1023769-7 Hatu Ko Batu: Got Biju Khan Ghazbi Post Office Biro KhanKatbi, Shenhan Warbo, Tehsil Khairpur Nain Shah,Dadu DistrictPermanent Address: Got Beru Khan Ghazbi, Post Office Beru KhanGhazbi, Shenhan Warbo, Tehsil Khairpur Nain Shah,District Dadu. +923442568093
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2022-10-13 07:55
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