Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
5-10 years
Company Name
BK Market Group Ltd
Customer Service Email Address
support.uk@bkmgl.com
Contact Number
+852 63392245
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
BK Market
United Kingdom
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
http://www.bkmgll.com
Website
Rating Index
Contact
+852 63392245
support.uk@bkmgl.com
http://www.bkmgll.com
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Website
Company Summary
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:100
- SupportedEA
- Minimum Deposit$1,000
- Minimum Spread1.8 pips
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- Products--
Updated：
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Official website
Website
bkmgll.com
50.63.202.51Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
General Information & Regulation
BK Market is said to be a UK-registered broker, the company behind it called BK Market Group Ltd, which turns out to be an offshore investment company not falling under any regulatory agency. So, it is unsafe to trade with this broker.
Markets Instruments
BK Market offers its clients forex pairs, as well as CFDs on indices, commodities, global equities and crypto currencies,
Minimum Deposit
There is no information about the minimum deposit requirement on the BK Market. Have in mind that with most brokers you can open a trading account with about 250 USD and with some big players you can start trading with less than 5 USD.
Leverage
With a leverage of up to 1:200, as offered by BK Market you can score good profit with a limited investment. Still, be aware that higher leverage comes with a price – the higher the leverage, the higher the risk of loosing your funds with the slightest fluctuation of the market.
Spreads & Commissions
Unfortunately, BK Market does not specify its spreads on particular instruments, when it comes to this part.
Trading Platform Available
BK Market offers a web based trading platform, which lacks some basic features, standard with classic trading platforms such as the MetaTrader4.
Deposit& Withdrawal
Potential clients of the brokerage have a very poor choice of payment methods before them. They may deposit or withdraw only via VISA and MasterCard, bank/wire transfer and bitcoin. Popular options such as Skrill or Neteller are missing. There are both deposit and withdrawal fees. There are as follows: 1.5 per cent for credit cards, 2.5 per cent for bitcoin and 1 per cent for bank and wire transfers respectively.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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