Score

1.51 /10
Danger

MKS

Switzerland

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.98

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
MKS · Company summary
MKS Review Summary
Founded1979
Registered Country/RegionSwitzerland
RegulationUnregulated
Market InstrumentsProvenance, Carbon Verified Products, Minted Bars, Cast Bars, Minted Bars and Industrial products
Demo AccountUnavailable
Trading PlatformWeb Trading Application (WTA)
Customer SupportPhone, email, contact form

MKS Information

MKS PAMP, claiming to be the leading entity within the MKS PAMP GROUP, is a player in the precious metals industry. Based in Switzerland, the company operates a cutting-edge refinery, and offers trading, refining, and custom minting. However, it currently operates without formal regulation.

MKS' homepage

Pros & Cons

ProsCons
Industry ExpertiseUnregulated Status
Advanced TechnologyNegative User Reviews
Comprehensive Services
Global Presence

Pros of MKS PAMP:

- Industry Expertise: With over 60 years in the precious metals industry, MKS PAMP brings extensive experience and knowledge to its operations.

- Advanced Technology: MKS PAMP utilizes state-of-the-art technology in its refining processes and trading platforms, including blockchain for traceability with Provenance and advanced encryption for secure trading.

- Comprehensive Services: The company offers many kinds of services, including trading, refining, vaulting, and custom minting in the precious sector.

- Global Presence: MKS PAMP has an international footprint, allowing it to serve clients around the world.

Cons of MKS PAMP:

- Unregulated Status: MKS PAMP currently operates without formal regulatory oversight. Trading with them has risks.

- Negative User Reviews: The scam review on WikiFX's Exposure impacts its reputation.

Is MKS Legit?

MKS currently lacks valid regulatory oversight. Therefore, there is no government or financial authority actively monitoring or supervising their operations. As a result, it could impact the transparency and reliability of their operations.

Products

MKS offers Provenance, Carbon Verified Products, Minted Bars, Cast Bars, Minted Bars and Industrial products.

- Provenance: A blockchain-based traceability solution ensuring responsible sourcing of precious metals through transparent tracking from source to end product.

- Carbon Verified Products: Precious metals products that are certified as carbon neutral or carbon measured.

- Cast Bars: Available in gold, silver, platinum, and palladium, these bars come in various sizes and purities, customizable with specific designs and logos.

- Minted Bars: Manufactured in gold, silver, platinum, and palladium, these bars are unique designs and are available in sizes ranging from 0.3g to 1kg.

- Industrial Products: Includes platinum, palladium, and rhodium solutions, salts, sponges, powders, and bars, as well as semi-fabricated products for jewelry, watch industries, and coin and medal blanks.

Products

Services

MKS provides services, including:

- Trading:

Physical Metal Transactions: Includes spot trading, location & quality swaps, and financial swaps.

Price Risk Management: Tools and strategies to manage metal price volatility.

- Online Trading:

Web Trading Application (WTA): An advanced, customizable platform for efficient trading.

API Integration: Streams real-time prices to clients platforms.

- Refining:

Capacity: Refines over 450 tons of gold, 600 tons of silver, and 30 tons of PGM annually.

Methods: Uses electrolysis, aqua regia, and chemical parting.

- Vaulting & Storage:

Custom Storage: Tailored storage solutions for secure metal storage.

- Treasury Services:

Financing: For metal in transit, processing, and inventory.

Hedging: Risk management strategies for metal prices.

- Custom Minting:

Personalized Minting: Custom design and production of metal products.

Services

Trading Platform

MKS PAMP's Web Trading Application (WTA) offers a platform for trading gold, silver, and precious metals in multiple currencies and denominations. It provides real-time market quotes and supports swift trade execution with various order types.

Web Trading Application (WTA)

User Exposure on WikiFX

On WikiFX's Exposure, you can see a user review of scam. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

User Exposure on WikiFXUser Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Contact form

Telephone: +41 22 818 52 00

Email: info@mkspamp.com

Address: MKS PAMP SA, 10 Promenade de St-Antoine P.O Box 3470, 1211 Geneva 3, Switzerland

Contact form

Conclusion

MKS PAMP stands out in the precious metals industry with its extensive experience, advanced technology, and related services. However, the lack of formal regulatory oversight poses concerns for their clients.

Q&A

Is MKS regulated by any financial authority?

No. It has been verified that this broker currently has no valid regulation.

How can I contact MKS?

You can contact via phone, +41 22 818 52 00, email: info@mkspamp.com and contact form.

What services and products MKS provides?

It provides Provenance, Carbon Verified Products, Minted Bars, Cast Bars, Minted Bars and Industrial products.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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