Score

1.57 /10
Danger

WALKERT

United Kingdom

Absconded

5-10 years

Suspicious Regulatory License

High potential risk

D

Add brokers

Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.48

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
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

open now

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-11
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Absconded list. Please be aware of the risk!
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
WALKERT · Company summary

Note: Regrettably, the official website of WALKERT, namely http://www.walkert.cn.uk/, is currently experiencing functionality issues.

WALKERT Review Summary
Founded 5-10 years
Registered Country/Region United Kingdom
Regulation FCA (Suspicious clone)
Market Instruments Forex currency pair
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms WALKERT Trader
Minimum Deposit N/A
Customer Support Email: kf@walkert.cc

What is WALKERT?

WALKERT Trader is a trading platform provided by Walker Financial Management, also known as “Walkert”, a broker based in the United Kingdom. Walkert claims to be a member of Walkert Alliance Ltd.

However, WALKERT currently has no valid regulations. There have been complaints from users who were unable to withdraw their funds and experienced instances of scams associated with WALKERT. Additionally, the fact that their official website is inaccessible raises concerns about the reliability of their trading platform.

WALKERT's home page

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
N/A
  • Suspicious clone FCA license
  • Inaccessible website
  • Limited communication channels

Pros:

N/A

Cons:

- Suspicious clone FCA license: WALKERT doesn't hold any valid regulatory license, instead, it only has a suspicious clone Financial Conduct Authority (FCA) license.

- Inaccessible website: The official website of WALKERT is inaccessible, which raises questions about the legitimacy and reliability of its trading platform.

- Limited communication channels: WALKERT's communication channels appear to be limited, which makes it difficult for investors to obtain timely customer support and resolve any issues they might encounter.

Is WALKERT Safe or Scam?

WALKERT, the broker in question, has been verified to be suspected fake clone as its Financial Conduct Authority (FCA, No. 471178) license is a suspicious clone. This factor, along with the unavailability of their official website, raise concerns about the reliability of their trading platform. Investing in WALKERT carries a higher level of risk.

suspicious clone FCA license

If you are considering investing with WALKERT, it is crucial to conduct thorough research and carefully evaluate the potential risks in comparison to the potential rewards before making any final decisions. It is generally advisable to choose brokers that are properly regulated to ensure the safety of your funds.

Market Instruments

WALKERT offers forex currency pairs. Forex, also known as foreign exchange or FX, involves the buying and selling of currencies. Traders can speculate on the price movements of various currency pairs and potentially profit from the fluctuations.

Trading forex currency pairs allows traders to take advantage of global economic trends, geopolitical events, and monetary policies of different countries. It provides opportunities for both short-term speculators and long-term investors.

Trading Platforms

WALKERT provides traders with a desktop and mobile trading platform called WALKERT Trader. This platform is designed to give clients access to the world's financial markets and is similar in function to the popular MetaTrader 4 (MT4) trading platform.

The WALKERT Trader platform includes various trading tools and features to help traders make informed decisions. These features include advanced charting capabilities, real-time market data, trading signals, and access to a range of technical analysis tools. The platform supports automated trading through the use of Expert Advisors (EAs) and allows traders to customize their trading strategies to suit their trading style.

Deposits & Withdrawals

WALKERT offers clients the ability to deposit and withdraw funds via bank wire transfer, which is a popular and secure method of transferring funds between bank accounts.

It is important to note that clients must ensure that the bank account details they provide to WALKERT are accurate as any errors result in delays or failed transactions. Furthermore, clients must comply with any applicable regulations and anti-money laundering laws when making deposits or withdrawals.

User Exposure on WikiFX

Our website contains reports of issues such as withdrawal difficulties and fraudulent activities. It's crucial for traders to thoroughly examine the available information and assess the risks associated with trading on a platform that is not regulated. Before you start trading, we recommend that you carefully review our platform for information. If you come across any dishonest brokers or have fallen victim to one, please inform us in the Exposure section. Your feedback is valuable to us, and our team of experts will work to address the issue and resolve the problem for you.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: kf@walkert.cc

Conclusion

In conclusion, WALKERT provides traders with WALKERT Trader. However, the broker currently has no valid regulation, raising concerns about its reliability.

Moreover, reports of users being unable to withdraw their funds and experiencing scams associated with the broker. Additionally, the broker's official website is currently inaccessible.

As a result, it is concluded that investing in WALKERT carries a high level of risk. It is important to exercise caution and thoroughly research the broker before engaging in any trading activities. Furthermore, it's worth noting that WALKERT is not currently regulated by any financial authority, which further adds to the risks associated with investing in this broker.

Frequently Asked Questions (FAQs)

Q 1: Is WALKERT regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at WALKERT?
A 2: You can contact via email: kf@walkert.cc.
Q 3: Does WALKERT offer the industry leading MT4 & MT5?
A 3: No. Instead, it offers WALKERT Trader.

Risk Warning

Online trading carries substantial risk, and it's possible to lose all of your invested capital. It can not be appropriate for all traders or investors, so it's crucial to fully comprehend the risks involved. Additionally, the information presented in this review can change as the company updates its policies and services, and the date when this review was created is also important to consider. As a result, it's recommended that readers always check the latest information directly with the company before making any decisions. The reader is responsible for using the information provided in this review.

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