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Nk Market -

Score

1.17 /10
Danger

Nk Market

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

https://nkmarketltd.com/en

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.36

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

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Company Name

Nk Market

Company Abbreviation

Nk Market

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0561303) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Nk Market · Company summary

Note: Nk Market's official website: https://nkmarketltd.com/en is currently inaccessible normally.

Nk Market Review Summary
Founded2024
Registered Country/RegionUnited States
RegulationSuspicious Clone
Market InstrumentsForex, futures products, indices
Demo AccountNot Mentioned
SpreadStarting from 0.0 pips
Trading PlatformNk Market trading platform
Customer Support+81 080 8050 7965
support@nkmarketltd.com

Nk Market Information

Nk Market is an online trading platform in the US offering various financial instruments including forex, futures products, and indices. It offers two types of spreads and commission structures. However, it is a suspected clone. And information on account types, deposits, and withdrawals is not provided.

Pros and Cons

Pros Cons
  • Platform supports Windows, iOS, and Android devices
  • Suspicious Clone
  • No commission
  • Limited information on deposit and withdrawal
  • Limited information on account types

Is Nk Market Legit?

Nk Market once had a Common Financial Service License regulated by the National Futures Association (NFA) in the United States with a license number of 0561303. But it is a Suspicious Clone now.

Regulatory Status Suspicious Clone
Regulated by National Futures Association (NFA)
Licensed Institution HM markets
Licensed TypeCommon Financial Service License
Licensed Number0561303
Is Nk Market Legit?

What Can I Trade on Nk Market?

Nk Market offers 3 classes of trading instruments, including forex, futures products, and indices.

Tradable Instruments Supported
Forex✔
Futures✔
Indices✔
Cryptocurrency❌
Shares❌
Metals❌

Nk Market Fees

NK Markets offers two types of spreads and commission structures for their trading services: Variable Spread and ECN Spread.

Variable Spread:

  • No commission
  • Utilizes Straight Through Processing (STP) with Tier 1 Liquidity Providers.
  • Product pricing is based on a variable spread model, where the fees are included within the spread itself.

ECN Spread:

  • A commission of 10 USD is charged per batch for foreign exchange instruments.
  • Operates on an Electronic Communication Network (ECN), providing raw ECN spreads as low as 0.1 basis points directly from the market
  • No additional markup is applied to the spread.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Nk Market trading platform✔Windows, iOS, and Android devicesInvestors of all experience levels

User Reviews

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User comment

2

Comments

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FX1728939051
more than one year
Wide range of investment options and asset classes. Platform with many helpful tools. The only problem faced is sometimes account details not visible in app top for few hours that make trading difficult. I hope the problem will be fixed. :)
Wide range of investment options and asset classes. Platform with many helpful tools. The only problem faced is sometimes account details not visible in app top for few hours that make trading difficult. I hope the problem will be fixed. :)
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2024-07-19 16:12
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Nguyễn Ngọc Ming
more than one year
The market analysis tools on Nk Market are alright, but they could be more comprehensive. The mobile app is basic, and the order types are standard. Overnight financing is reasonable, but it's not the cheapest.
The market analysis tools on Nk Market are alright, but they could be more comprehensive. The mobile app is basic, and the order types are standard. Overnight financing is reasonable, but it's not the cheapest.
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2024-05-29 13:49
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