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FKD does not clearly display its account types on its website. However, it is mentioned that the maximum leverage offered by FKD can reach up to 1:100. The broker does not specify the minimum deposit required to open an account, which is a common practice among legitimate brokers. It claims that deposits and withdrawals can be made through payment processors based in China and Hong Kong, such as UnionPay and Perfect Money. Given the lack of transparency regarding account types and minimum deposits, potential clients should exercise caution.
The process of opening an account with FKD is not explicitly detailed on their website. Generally, the steps to open a brokerage account are as follows:
Due to the lack of regulatory oversight and transparency associated with FKD, it is advisable for traders to consider more reputable brokers with clear account offerings and an established account opening process.