Abstract:BK Forex has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme.
BK Forex has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme. Please be aware of the scam domains as follows: https://www.bk-forex.com/En_index.html
BK Forex claims to be regulated by the Financial Conduct Authority and holds a United Kingdom payment license. But it's worth noticing that this license is suspected to be a fake clone.
On WikiFX, “Exposure” is posted as a word of mouth received from users. 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.
As of now, there were 2 pieces of Cooper Markets exposure in total.
Exposure 1. Fraud broker
Classification | Scam |
Date | 2023-04-17 |
Post Country | Israel |
The user said he was asked to double the deposit and refused to withdraw his money. You may visit: https://www.wikifx.com/en/comments/detail/Co202304174351846339.html
Exposure 2. Harassment
Classification | Harassment |
Date | 2023-02-23 |
Post Country | United States |
The user said she constantly gets calls and emails from the company until she has to “screw” with them to stop them from harassing her. You may visit: https://www.wikifx.com/en/comments/detail/Co202302234001859007.html
BK Forex was registered on 2022-06-12 but has expired on 2024-06-12. That's why we can't access their official site currently. It a very dangerous signal that BK Forex may have absconded and if you have deposited money here, you may have no way to withdraw...
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1