abstrak:BKYO GROUP, specifically BKYO GLOBAL INVESTMENT CO LTD, operates without valid regulation and has been flagged by the National Futures Association (NFA) as unauthorized, exceeding the regulated business scope. This raises concerns about their legitimacy and poses a high potential risk. They offer Forex, commodity, stock index, and cryptocurrency trading with leverage ratios of up to 100x. While they provide different account types and leverage options, detailed information and comparisons are lacking. The platform supports Android, iOS, and PC, offering risk control features and clear price monitoring. The company offers an Economic Calendar as a trading tool and educational resources for beginners, helping with clients' trading journey. However, the absence of specific details and transparency raises doubts about the overall reliability of BKYO GROUP.
Aspects | Information |
Registered Country/Area | United Kingdom |
Founded Year | Within 1 year |
Company Name | BKYO GROUP |
Regulation | Suspicious Regulatory License |
Maximum Leverage | Up to 100x |
Spreads | Not specified |
Trading Size | Minimum trading lot size: 0.01 lot |
Trading Platforms | BKYO Trading Platform (Android, iOS, PC) |
Tradable Assets | Forex, commodities, stock indices, cryptocurrencies |
Account Types | Real and Simulated accounts |
Demo Account | Available |
Islamic Account | Not specified |
Customer Support | Educational resources, tutorials, webinars, seminars, account manager |
Payment Methods | Not specified |
Educational Tools | Economic Calendar, Beginner's Guide, tutorials, articles, webinars, seminars |
Based on the information provided, BKYO GROUP, specifically BKYO GLOBAL INVESTMENT CO LTD, lacks proper regulation from authorized regulatory agencies. The broker holds a suspicious regulatory license and is unauthorized to operate under the United States Common Financial Service License. With a suspicious business scope and potential overrun, BKYO GROUP poses a high potential risk to investors. It is advisable to exercise caution and avoid this broker due to their abnormal regulatory status and lack of valid regulation.
BKYO GROUP offers a range of market instruments for traders, including Forex, commodities, stock indices, and cryptocurrencies. Traders can take advantage of bidirectional operations in these markets, with leverage ratios of up to 100x. The capital investment required for trading in these markets is low, with only 1% of the capital investment needed. However, considering the lack of proper regulation and the associated risks, engaging with BKYO GROUP may not be a recommended option.
The trading platform provided by BKYO GROUP is accessible through Android, iOS, and PC devices. The platform offers immediate feedback, clear price monitoring, and risk control features. It is important to note the lack of transparency regarding fees, commissions, and spreads. Traders should seek further clarification on these aspects to ensure they have a clear understanding of the costs involved.
In terms of support, BKYO GROUP provides educational resources such as a Beginner's Guide to assist beginners in understanding trading concepts. They also offer tutorials, articles, webinars, local seminars, and access to account managers. These resources helps empower clients with knowledge and skills for informed decision-making. However, it is crucial to keep in mind the overall lack of regulation and potential risks associated with BKYO GROUP when considering their services.
BKYO GROUP presents a mix of pros and cons. On the positive side, the broker offers a diverse range of market instruments, providing traders with various options to participate in different markets. Additionally, leverage options are available, allowing traders to amplify their positions. The broker also provides educational resources for beginners and an Economic Calendar to assist with market analysis. Furthermore, there are no commissions or opening fees, which can be seen as an advantage. However, there are several drawbacks to consider. Firstly, the lack of valid regulation from authorized regulatory agencies raises concerns about the broker's credibility and accountability. The business scope of BKYO GROUP exceeds the regulations set by the NFA, indicating a potential non-compliance issue. Moreover, specific details about account types, spreads, and settlement costs are not provided, which may result in uncertainty for traders. Information on deposit and withdrawal processes is also lacking. Additionally, the availability of customer support channels is limited, potentially hindering timely assistance and guidance for clients.
Pros | Cons |
Offers a diverse range of market instruments | Lack of valid regulation from authorized regulatory agencies |
Leverage options available for traders | Business scope exceeds regulations set by the NFA |
Offers educational resources for beginners | Lack of specific details about account types, spreads, and settlement costs |
Provides an Economic Calendar for market analysis | Lack of information on deposit & withdraw |
No commissions. And opening fees | Limited Customer support channels |
Based on the provided information, it shows that BKYO GROUP, specifically BKYO GLOBAL INVESTMENT CO LTD, is not regulated by any authorized regulatory agency. The National Futures Association (NFA) in the United States has listed BKYO GROUP as unauthorized and not holding a valid license (license number: 0556142). The broker's regulatory status is abnormal and they exceed the business scope regulated by the NFA. The warning advises individuals to be cautious and aware of the associated risks. It is advisable to stay away from this broker due to their lack of valid regulation.
BKYO GROUP offers a diverse range of market instruments for traders to participate in. These instruments include Forex, commodities, stock indices, and cryptocurrencies.
Forex: BKYO GROUP offers bidirectional operation in the Forex market. Trading in the Forex market is available 24 hours a day, 5 days a week. Traders can take advantage of leverage ratios up to 100x. The capital investment required for Forex trading is low, with only 1% of the capital investment needed.
Commodity: BKYO GROUP provides bidirectional operation in the commodity market. Similar to Forex, trading in commodities is available 24 hours a day, 5 days a week. Traders can leverage their positions up to 100x. The capital investment required for commodity trading is low, with only 1% of the capital investment needed.
Stock Index: BKYO GROUP offers bidirectional operation in stock index trading. The trading time for stock index trading is 5 days a week, with trading hours spanning 10 hours per day. Traders can leverage their positions up to 100x. The capital investment required for stock index trading is low, with only 1% of the capital investment needed.
Cryptocurrency: BKYO GROUP facilitates bidirectional operation in the cryptocurrency market. Cryptocurrency trading is available throughout the year, providing traders with opportunities for trading at any time. Traders can leverage their positions up to 100x. The capital investment required for cryptocurrency trading is low, with only 1% of the capital investment needed.
Pros | Cons |
Offers diverse market instruments (Forex, commodities, stock indices, cryptocurrencies) | Lack of specific details about the examples |
24/5 availability for Forex, commodity, and cryptocurrency trading | No charts for market instruments availale |
Low capital investment required (only 1% of investment) |
BKYO GROUP offers 2 types of accounts for investment purposes, including simulated and real investment accounts. However, the available information does not provide specific details or a comparison table to compare the features and benefits of these account types. Additionally, they mention the availability of a free demo account, which allows users to practice trading or explore the platform without any financial risk. Unfortunately, further information about the features, conditions, and limitations of these accounts is not provided.
BKYO GROUP offers leverage options to its traders, allowing them to amplify their positions in the markets they participate in. Traders have the opportunity to utilize leverage ratios of up to 100x across various instruments such as Forex, commodities, stock indices, and cryptocurrencies.
BKYO GROUP has set the minimum trading lot size at 0.01 lot. The maximum limit for a single order is 500, providing traders with the ability to execute larger trades if desired.
BKYO GROUP offers free account opening for both simulated and real investment accounts, eliminating the need for any upfront costs. In terms of transaction costs, the company provides a commission-free trading experience, which can be seen as a potential advantage for investors.
When it comes to settlement costs, BKYO GROUP employs a fixed settlement exchange rate. However, there is no specific information available regarding spreads, so it is advisable to seek further clarification on this aspect.
BKYO Trading Platform offers users access to their trading services through various platforms, including Android, iOS, and PC. The platform offers immediate feedback to enhance the learning experience. Risk control features such as stop loss and profit mechanisms are available to help manage potential risks. The price icon on the platform is designed to be clear and intuitive, facilitating easy monitoring of market movements. Furthermore, the installation process is convenient, and the platform does not require a significant amount of system resources, making it accessible to a wider range of users.
Pros | Cons |
Access to trading services through multiple platforms (Android, iOS, and PC) | Lack of specific details about advanced trading features and tools |
Immediate feedback to enhance the learning experience | Limited customization options for personalized trading preferences |
Straightforward operation for easy navigation and order placement | Insufficient information about platform stability and reliability |
BKYO GROUP offers an Economic Calendar as one of its trading tools. The Economic Calendar provides users with important economic events, news releases, and data releases that can potentially impact the financial markets. This tool allows traders to stay informed about upcoming events that may influence the prices of various assets, such as stocks, currencies, and commodities. The Economic Calendar provides a comprehensive overview of scheduled announcements, including key indicators like GDP growth, employment data, inflation rates, and central bank decisions. Traders can utilize this tool to plan their trading strategies, analyze potential market reactions, and make informed trading decisions based on the anticipated impact of economic events. The Economic Calendar offered by BKYO GROUP assists traders in staying updated with relevant market information and enables them to incorporate fundamental analysis into their trading approach.
BKYO GROUP offers educational resources to assist beginners in understanding various aspects of trading. The Beginner's Guide section provides introductory information on Forex trading, guiding new traders through the fundamentals of the market. It covers topics such as the concept of Forex trading, how to register an account with BKYO GROUP, and answers common queries like the availability of trading on weekends. Additionally, the guide explains the formula for calculating margin, which is essential for risk management. In case of any issues with contacting the online customer service, the educational resources offer guidance on what steps to take. Furthermore, the resources explore the reasons why individuals may choose to start trading in crypto markets, providing insights into the potential benefits and opportunities associated with this market.
Pros | Cons |
Provides a Beginner's Guide for newcomers to understand Forex trading | Limited information on advanced trading strategies and techniques |
Covers essential topics such as account registration and risk management | Lack of interactive or live educational sessions for a more immersive learning experience |
Explores the potential benefits and opportunities in the crypto market | Insufficient information on market analysis techniques and advanced trading indicators |
BKYO GROUP provides educational resources to support clients in their trading journey. They offer a step-by-step tutorial and articles covering various trading topics, which help clients understand the platform, market analysis, trading strategies, and risk management. Additionally, BKYO GROUP conducts webinars and local seminars, allowing clients to learn remotely or participate in face-to-face events. Clients also have access to an account manager who offers personalized guidance and support. Overall, these educational resources help empower clients with the knowledge and skills needed to make informed trading decisions.
In conclusion, BKYO GROUP, specifically BKYO GLOBAL INVESTMENT CO LTD, lacks valid regulation from authorized regulatory agencies. The broker has been flagged by the National Futures Association (NFA) in the United States as unauthorized, with an abnormal regulatory status and exceeding the regulated business scope. This raises concerns about the legitimacy and reliability of BKYO GROUP. Although the company offers a diverse range of market instruments and leverage options, the lack of specific information regarding account types, spreads, and settlement costs, along with the absence of comprehensive trading platform details, raises further doubts about the transparency and trustworthiness of the broker. While BKYO GROUP provides educational resources and customer support, caution is advised when considering this broker due to its suspicious regulatory license and high potential risk.
Q: Is BKYO GROUP regulated by any authorized regulatory agency?
A: No, BKYO GROUP, specifically BKYO GLOBAL INVESTMENT CO LTD, is not regulated by any authorized regulatory agency. The National Futures Association (NFA) in the United States has listed BKYO GROUP as unauthorized and not holding a valid license.
Q: What market instruments does BKYO GROUP offer?
A: BKYO GROUP offers a diverse range of market instruments including Forex, commodities, stock indices, and cryptocurrencies.
Q: What leverage options does BKYO GROUP provide?
A: BKYO GROUP offers leverage ratios of up to 100x across various instruments such as Forex, commodities, stock indices, and cryptocurrencies.
Q: What are the fees and commissions associated with BKYO GROUP?
A: BKYO GROUP offers free account opening and commission-free trading. However, specific information about spreads is not provided.
Q: What trading platforms does BKYO GROUP offer?
A: BKYO GROUP offers trading services through various platforms including Android, iOS, and PC.
Q: What trading tools are available at BKYO GROUP?
A: BKYO GROUP offers an Economic Calendar to keep users informed about important economic events and data releases that may impact financial markets.
Q: Does BKYO GROUP provide educational resources?
A: Yes, BKYO GROUP offers educational resources including a Beginner's Guide section, tutorials, articles, webinars, and local seminars.
Q: What customer support options are available at BKYO GROUP?
A: BKYO GROUP provides account managers, step-by-step tutorials, articles, and webinars to support clients in their trading journey.