Score

1.42 /10
Danger

FK International Group

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT5

The server is only located in China.

Australia Appointed Representative(AR) Revoked

High potential risk

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Score

Regulatory Index0.00

Business Index6.28

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

FK International Group Co., Ltd

Company Abbreviation

FK International Group

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001292826) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

FK International Group · Company summary

General Information & Regulation

FK International Group Co., Ltd was established in the United Kingdom to promote rapid development and business expansion to different markets, replying on online trading platforms to provide comprehensive financial services, including stocks, foreign exchange, gold and silver, and more. FK International Group Co., Ltds business scope has expanded to Hong Kong, Macau, Taiwan, Southeast Asia, Europe, and United States. FK International Group Pty Ltd holds an Appointed Representative (AR) license authorized by ASIC in Australia, license number: 001292826.

Market Instruments

FK International Group offers more than 47 most active mainstream trading products worldwide, that is, forex currency pairs and some CFD products.

Minimum Deposit

There seems minimal minimum initial deposit information anywhere on the FK International Groups official website. In most cases, most brokers would require traders to fund at least $100 or an equivalent amount to start real trading.

Leverage

With FK International Group, up to 400 times, the margin leverage ratio is available for selection, which is quite generous. However, still, keep in mind that leverage can amplify gains as well as losses. Traders should take extra care to choose the proper amount in their forex trading activities.

Spreads & Commissions

FK International Group says it offers ultra-low trading spread cost, but it does not specify spreads on particular instruments, nor commissions are mentioned.

Trading Platform Available

FK International Group seems to offer a proprietary trading platform, available in the PC client and the mobile client.

Deposit & Withdrawal

FK International Group says it offers convenient payment methods for traders to fund their accounts, but does not specify which they are. In most cases, most brokers support common funding options like Wire Transfer, Visa, MasterCard, Skrill, Neteller, China Union Pay, and more.

Customer Service

FK International Group offers 24/7 customer support, and they can be reached via email: service@fk-forex.com. And you can also choose to fill in its contact form, waiting to be contacted.

User Reviews

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User comment

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Comments

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Change life
more than one year
FK International Group is a shady and untrustworthy broker that doesn't honor withdrawal requests and completely ignores customer complaints. I learned the hard way that this company is completely unregulated and it's no surprise that they act so arrogantly. I was foolish enough to fall for their scam and trade on their platform. As a trader, I strongly advise you to stay away from this unscrupulous broker at all costs!
FK International Group is a shady and untrustworthy broker that doesn't honor withdrawal requests and completely ignores customer complaints. I learned the hard way that this company is completely unregulated and it's no surprise that they act so arrogantly. I was foolish enough to fall for their scam and trade on their platform. As a trader, I strongly advise you to stay away from this unscrupulous broker at all costs!
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2023-03-28 18:35
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何生(He guoli)
more than one year
FK International Group looks like a dodgy company! There are too many scammers in the foreign exchange industry, I suggest you stay vigilant and choose those companies that are more reliable.
FK International Group looks like a dodgy company! There are too many scammers in the foreign exchange industry, I suggest you stay vigilant and choose those companies that are more reliable.
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2023-03-13 18:30
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