Forextk Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-13 18:51

Abstract：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 Review Summary
Founded	2020-11-26
Registered Country/Region	Australia
Regulation	Unregulated
Market Instruments	Bonds/Commodities/Stocks/Cryptocurrencies/Currencies
Demo Account	✅
Leverage	Up to 1:1000
Spread	/
Trading Platform	Forextk
Min Deposit	$10
Customer Support	Social 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.

Pros and Cons

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

Is Forextk Legit?

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

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	❌

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 free	ECN	Pro ECN
Min deposit	-	$10	$200
Stop Out	40%	40%	45%
Leverage	1:30~1000	1:30~1000	1:30~1000

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 Platform	Supported
Forextk	✔

Deposit and Withdrawal

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

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	/