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How's CK Markets? It is trustworthy?
AndersKurr
Palau
2022-08-01
ANSWER CK Markets is not an authorized and regulated broker for traders even though it states offers that look good to be true. CK Markets Ltd claims it is incorporated in the St. Vincent & the Grenadines Financial Service Authority (SVG FSA) with the registration number 24405. However, we did not find any match results to CK Markets in SVG FSA. Besides, SVG FSA does neither issue licenses for forex trading nor regulate any forex activities.Besides, CK Markets claims it is owned and operated by CK Markets Group of companies, which includes subsidies in Belize, the Republic of Mauritius, and the British Virgin Islands. So we did searching in following regulators：1) The Mauritius Financial Services Commission (Mauritius FSC);2) The Belize Financial Services Commission (Belize FSC);3) The British Virgin Islands Financial Services Commission (BVI FSC).However, we did not find any match results in these watchdogs' registries.The truth is, CK Markets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like CK Markets and trade with licensed brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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