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Nk Market

WikiFX | 2024-12-06 11:47

Abstract: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.

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

BrokerDealer

Related broker

No Regulation
Nk Market
Company name:Nk Market
Score
1.28
Website:https://nkmarketltd.com/en
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.28

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