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ProaktivMarket foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.proaktivmarket.com/register, about the company's legal and temporary regulatory information, the company's address .

ProaktivMarket Forex Broker

Basic Information

Registered Region
Dominica
Operating Period
--
Company Name
ProaktivMarket
Abbreviation
ProaktivMarket
Company employee
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: ProaktivMarket's official website: https://www.proaktivmarket.com is currently inaccessible normally. ProaktivMarketReview Summary Founded2021 Registered Country/RegionUnited Kingdom RegulationUnregulated Market InstrumentsForex, Stocks, Commodities and Cryptocurrencies Demo Account❌ Leverage1:200 SpreadFloating around 2.5 pips Trading PlatformWeb-based Min Deposit$250 Customer SupportEmail: support@bigoption.com Twitter: https://twitter.com/BigOption FaceBook: https://www.facebook.com/bigoptiontrading Founded in 2021, ProaktivMarket is a forex broker registered in UK, offering various market insruments including forex, stocks, commodities and cryptocurrencies through the web-based platform. However, ProaktivMarket operates without regulatory oversight from any reputable financial body.Pros and Cons ProsCons Diverse trading choicesInaccessible website Variety of account typesUnregulated status Popular payment optionsNo demo accounts offered No withdrawal fees for credit card payment and some accountsHigh spreads No MT4/5 High minimum deposit Long withdrawal processing time Inactivity fee and dormant fee charged Limited contact channelIs ProaktivMarket Legit? No, ProaktivMarket is not regulated currently. Please be aware of the risk!What Can I Trade on ProaktivMarket? Tradable Instruments Supported Forex✔ Commodities✔ Stocks✔ Cryptocurrencies✔ Indices❌ Bonds❌ Options❌ ETFs❌Account Type ProaktivMarket offers six account levels that traders can upgrade to once register for an account starting from $250 to $250,000. Account type including Beginner, Bronze, Silver, Gold, Platinum and Diamond.Moreover, there is no option for a demo account. Account TypeMin Deposit Beginner$250 Bronze$5 000 Silver$25 000 Gold$50 000 Platinum$100 000 Diamond$250 000Leverage ProaktivMarket offers maximumleverage of 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread ProaktivMarket offers spreads on 2.5 pips for most accounts. For platinum account, ProaktivMarket takes no spreads. Account TypeSpread Beginner2.5 pips, floating Bronze2.5 pips, floating Silver2.5 pips, floating Gold2.5 pips, floating Platinum❌ Diamond/Trading Platform ProaktivMarket provides traders with only a web-based trading platform. Trading PlatformSupported Available Devices Suitable for Web-based✔Web/ MT4❌Desktop, web and mobile (iOS and Android)Beginners MT5❌Desktop, web and mobile (iOS and Android)Experienced tradersDeposit and Withdrawal ProaktivMarket provides several payment methods for deposit and withdrawal transactions, including Credit Cards (VISA and MasterCard), Bank Transfer, Bitcoin, PayPal and e-wallets, eg. Skrill and Neteller are not supported, however. The processing time for withdrawal transactions is quite lengthy too – 3-10 business days. ProaktivMarket claims they do not charge fees for withdrawals made via credit cards. There are no withdrawal fees for Gold and Platinum account.Fees ProaktivMarket charge a service fee of $150 on accounts “that are active for less than 30 working days and have less than 25 trades.” The broker also has a Dormant fee of $30 for accounts in which there have been no transactions for a set period of 12 months.

Rating Index

  

Kacapital Emporium Forex Broker - Complete Information Guide

  

1. Broker Overview

  Kacapital Emporium, officially known as Ka Capital Emporium Corporation, is an unregulated online trading platform that has emerged in recent years. While specific details on its founding date are scarce, the broker operates under a private ownership model, suggesting a lack of transparency regarding its corporate structure. The company claims to provide services primarily to retail clients interested in trading Forex, CFDs, and other financial instruments.

  The broker's headquarters is purportedly based in Hong Kong, although no verifiable address or corporate registration details are publicly available. This lack of transparency raises concerns about the legitimacy of the broker. Kacapital Emporium targets a global clientele, promoting itself as a competitive player in the online trading market. However, the absence of a clear operational history and significant milestones makes it difficult to assess its development and reliability.

  Kacapital Emporium operates as a trading platform offering access to various financial markets, including Forex and CFDs. However, it is crucial to note that the broker's claims of being an award-winning entity or having a substantial client base have been met with skepticism, as various reviews indicate it may not be fully operational or trustworthy.

  

2. Regulation and Compliance Information

  Kacapital Emporium is notably unregulated, which is a significant red flag for potential investors. The broker claims to be licensed in jurisdictions such as Hong Kong and China, but investigations reveal that it is not listed in the regulatory databases of these regions. Specifically, there is no evidence of Kacapital Emporium being registered with the Securities and Futures Commission (SFC) in Hong Kong, which raises serious concerns about its operational legitimacy.

  The absence of a regulatory framework means that Kacapital Emporium does not adhere to any investor protection policies, such as client fund segregation or participation in investor compensation schemes. Consequently, clients' funds are at risk, as unregulated brokers can potentially misappropriate them without accountability. Furthermore, Kacapital Emporium lacks robust KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, which are essential for safeguarding clients' financial information and preventing fraudulent activities.

  

3. Trading Products and Services

  Kacapital Emporium offers a limited range of trading products, primarily focusing on Forex and CFD instruments. The broker claims to support a variety of currency pairs, including major, minor, and exotic currencies, but specific details on the number of available pairs are not provided. In addition to Forex, Kacapital Emporium purportedly offers CFDs on indices, commodities, and stocks, although the exact number of instruments remains unspecified.

  The broker's website suggests that it continuously updates its product offerings, but there is little information available regarding the frequency of these updates or the introduction of new trading instruments. The focus appears to be on retail trading services, with no clear indication of institutional client offerings or white-label solutions.

  Kacapital Emporium's lack of transparency about its product range and updates raises concerns about its credibility and reliability in the competitive trading landscape.

  

4. Trading Platform and Technology

  Kacapital Emporium claims to provide a proprietary trading platform, but there is limited information about its features and functionalities. The broker does not appear to support widely recognized platforms like MetaTrader 4 or MetaTrader 5, which are standard in the industry for their reliability and advanced trading tools.

  The website indicates that Kacapital Emporium offers a web-based trading platform, but details regarding its user interface, execution speed, and available trading tools are vague. Furthermore, there is no mention of mobile trading applications for iOS or Android devices, which is a significant drawback for traders seeking flexibility.

  The broker's execution model remains unclear, with no explicit information on whether it operates as an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Maker. The lack of transparency regarding server locations and technical infrastructure further adds to the uncertainty surrounding Kacapital Emporium's trading capabilities.

  

5. Account Types and Trading Conditions

  Kacapital Emporium offers a limited selection of account types, with a standard account requiring a minimum deposit of $250. The broker claims to provide competitive spreads and commission structures, but specific details on these trading conditions are not disclosed. It is essential to approach these claims with caution, as unregulated brokers often lack transparency in their fee structures.

  While Kacapital Emporium mentions advanced account types, such as professional and business accounts, there is insufficient information regarding their minimum deposit requirements, leverage ratios, and specific benefits. The broker also appears to offer a demo account, allowing potential clients to test the trading environment without financial commitment.

  The leverage offered by Kacapital Emporium can reportedly reach up to 1:1000, which is significantly higher than the limits imposed by regulated brokers in many jurisdictions. This high leverage can pose substantial risks to investors, particularly inexperienced traders.

  

6. Fund Management

  Kacapital Emporium supports various deposit methods, including bank transfers and credit cards. However, specific details on the minimum deposit requirements for different account types are not clearly outlined. The broker claims to process deposits quickly, but there is no information on associated fees or the exact processing times.

  Withdrawal methods are similarly vague, with limited information available regarding potential restrictions or fees. Clients may encounter difficulties when attempting to withdraw funds, a common issue with unregulated brokers. The absence of clear withdrawal policies raises concerns about the safety of clients' funds and the overall reliability of the broker.

  

7. Customer Support and Educational Resources

  Kacapital Emporium offers customer support primarily through email, with no indication of live chat or phone support options. The broker claims to provide assistance during business hours, but the lack of specific time zone coverage makes it challenging for clients to know when to seek help.

  The website does not provide comprehensive educational resources, such as webinars, tutorials, or e-books, which are essential for traders looking to enhance their skills and knowledge. While Kacapital Emporium mentions daily market analysis and updates, the quality and depth of this information are unclear.

  The absence of robust educational materials and limited support channels may hinder the trading experience for both novice and experienced traders.

  

8. Regional Coverage and Restrictions

  Kacapital Emporium aims to serve a global market, but specific details regarding its regional operations and office locations are not disclosed. The broker does not clearly outline which countries it accepts clients from, nor does it specify any restrictions on particular regions.

  However, the lack of regulation and transparency suggests that Kacapital Emporium may not be able to operate in highly regulated jurisdictions. Potential clients should exercise caution and conduct thorough research before engaging with this broker, especially if they reside in regions with stringent financial regulations.

  In conclusion, Kacapital Emporium broker presents numerous red flags that potential investors should consider. The lack of regulation, transparency, and comprehensive information about its services raises significant concerns about the safety and security of clients' funds. As always, it is advisable to conduct thorough research and choose a reputable broker with a solid regulatory framework to ensure a safe trading experience.

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Latest Reviews

FX1883267995

FX1883267995

Germany

My manaegement has been changed three times and now my manager is Adam Walther. I deposited 3,000€ and my account balnce became over 10,000€ in December. I lost some money so there was just 8,000€ left. I wanna withdraw 3,500€. But there has been no response for over a week.

Exposure

2021-03-06

ProaktivMarket

News

WIKIFX REPORT: Spanish CNMV warns against BridgerPay client ProAktivMarket

News WIKIFX REPORT: Spanish CNMV warns against BridgerPay client ProAktivMarket

The Spanish regulator CNMV has issued a warning against ProAktivMarket (www.proaktivmarket.com). An entity in St. Vincent and the Grenadines allegedly operates the illegal broker.

ProaktivMarket Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.87, Software Index 4.00 Risk Control Index 0.00.
ProaktivMarket