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Snok Group -

Score

1.43 /10
Danger

Snok Group

China

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

Australia Appointed Representative(AR) Revoked

High potential risk

https://snokgroup.com/en

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.41

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Snok Group Limited

Company Abbreviation

Snok Group

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001288229) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Snok Group · Company summary

Note: Since this brokers official site (https://snokgroup.com/en) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Snok Group is allegedly a broker based in China that provides its clients with the worlds popular MetaTrader5 platform, five classes of tradable assets and the sole account type.

Market Instruments

Snok Group advertises that it offers five classes of trading instruments, which include commodities (cotton and sugar), cryptocurrencies (Bitcoin, Ethereum, Litecoin and Ribble), forex, indices and shares.

Account Types

The only useful information about account types we get from the Internet is that Snok Group claims to provide only one type of trading account. Unluckily, there are no more details and we have no chance to get access to its official website due to its broken links.

Trading Platform Available

In terms of trading platforms available,Snok Group gives traders the choice of the worlds renown MetaTrader5 platform, which is one of the best trading terminals to use and the terminal comes with advanced trading tools and over 50 indicators.

Deposit & Withdrawal

Snok Group seems to accept payment methods via bank and wire transfer. However, no more specific information available on the Internet.

Customer Support

Snok Group‘s customer support can be reached through email: service@snokgroup.com. However, this broker doesn’t disclose other more direct contact information like telephone number or company address while most brokers offer.

User Reviews

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User comment

2

Comments

Write a review

dfgh007
more than one year
I still can't believe I had to go through their attempts to blackmail me and freeze my funds, but I do respect the broker and its rules regarding deposits and withdrawals.
I still can't believe I had to go through their attempts to blackmail me and freeze my funds, but I do respect the broker and its rules regarding deposits and withdrawals.
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2024-02-23 16:57
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FX1105112209
more than one year
Snok Group's website is down, and it appears that it has managed to scam innocent traders. Hope the victims can get their money back as soon as possible.
Snok Group's website is down, and it appears that it has managed to scam innocent traders. Hope the victims can get their money back as soon as possible.
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2022-12-08 10:56
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