Fx-k Forex Broker

Fx-kReview SummaryFounded2017Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsForex, cryptos, stocks, commodities, indicesDemo Account❌LeverageUp to 1:420Average EUR/USD Spread0.2 pips (Raw Account)0.7 pips (Premium Account)0.8 pips (Standard Account)Trading PlatformMT5Minimum Deposit$10Customer SupportLive chatEmail: hello@fx-k.comRegistered Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines, Reg. No.25876 BC 2020.Social media: Instagram, YouTube, Twitter, Facebook, TikTokRegional RestrictionsUSA, Israel, Iran, Iraq, Canada, Russia, Afghanistan, Cuba, Eritrea, Liberia, Libya, Somalia, Sudan and Syria Fx-k was registered in 2017 in Saint Vincent and the Grenadines, specializing in forex, crypto, stocks, indices, and commodities markets. It provides three types of accounts, with a minimum deposit of $10 and a maximum leverage of 1:420. However, it should be noted that this company is not regulated, and it does not provide services to certain regions.Pros and ConsPros Cons Low minimum depositNo demo accountsMT5 supportedLack of regulationMultiple channels for customer supportRegional restrictionsTight spreadsDiverse tradable assetsOptional Islamic accounts offeredIs Fx-k Legit? No, Fx-k is not regulated by financial regulatory authorities in Saint Vincent and the Grenadines, which means this company lacks regulation from its registration site. Please note the potential risks!What Can I Trade on Fx-k? Fx-k offers several types of products, including forex, cryptos, stocks, commodities, and indices.Tradable Instruments Supported Forex✔Commodities✔Indices✔Stocks✔Cryptos✔Bonds❌Options❌ETFs❌Account Types & Fees Fx-k provides three types of accounts: Standard, Premium, and Raw Account. Optional Islamic account is also offered, but free demo accounts are not available. The former two types of accounts do not charge any commission fee, and the Raw Account requires commission fees.Account TypeMinimum DepositMaximum LeverageAverage EUR/USD SpreadCommissionOptional Islamic AccountStandard$101:4200.8 pips❌✔Premium$5,0001:4200.7 pips❌✔Raw$101:4200.2 pips$6 per lot✔Leverage The leverage can be up to 1:420. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.Trading Platform Fx-k uses MT5 as its trading platform, which is commonly used and is suitable for experienced traders.Trading PlatformSupported Available Devices Suitable forMT5✔PC, web, mobile, macExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Fx-k claims that depositing is free and instant, and withdrawals are also fast which can be concluded within 24 hours. However, it does not reveal critical details such as pyament options and accepted currencies.