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Sam35
1-2 years

Is it possible to trade assets such as Gold (XAU/USD) and Crude Oil on SK?

Broker Issues
SK
Instruments
Leverage
Platform
Account
07-07
United States
WikiFX
Reply

After reviewing SK Securities from the perspective of an active trader, I find there is very limited transparency regarding the range of tradable assets, especially popular instruments like Gold (XAU/USD) or Crude Oil. The available information indicates SK focuses primarily on Korean stock trading, corporate finance, structured finance, asset management, and digital investment solutions including robo-advisory services. Nowhere is there explicit mention of spot commodity trading or contracts for difference (CFDs) on metals or energy products. Additionally, SK lacks oversight from major financial regulatory bodies, which, for me, significantly increases the risks related to asset security and dispute resolution. In my experience, well-regulated forex and CFD brokers make their market offerings—including gold and oil—very clear and accessible, often listing trading conditions publicly. That level of clarity is absent here. Without concrete confirmation and specific trading terms disclosed for Gold or Crude Oil, and considering SK's apparent lack of a global forex license, I would have strong reservations about considering SK as a viable venue for such commodities trading. For anyone prioritizing safety and transparency, it's prudent to seek brokers with clear listings, established reputations, and robust regulation, especially for high-risk assets like gold and oil.

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