Forextk-Some Important Details about This Broker
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 | / |
Read more
Top 10 Trading Indicators Every Forex Trader Should Know
Master the top 10 Forex trading indicators to analyze real-time Forex quotes, trends, and market signals. Learn strategies to boost accuracy and avoid mistakes.
WikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change
In the midst of financial innovation and regulation, WikiGlobal, the organizer of WikiEXPO, stays abreast of industry trends and conducts a series of insightful and distinctive interviews on pivotal topics. We are delighted to have the privilege of inviting Simone Martin for an in-depth conversation this time.
MultiBank Group Wins Big at Traders Fair Hong Kong 2024
Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.
CySEC Settles Compliance Case with Fxview Operator Charlgate Ltd
Discover how CySEC resolved compliance issues with Charlgate Ltd, the operator of Fxview, through a €50,000 settlement. Explore the investigation, regulatory measures, and CySEC's new website designed for improved accessibility and transparency.
WikiFX Broker
Latest News
Geopolitical Events: What They Are & Their Impact?
WikiFXTop 10 Trading Indicators Every Forex Trader Should Know
WikiFXWhy Do You Feel Scared During Trade Execution?
WikiFXRate Calc
