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USK foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://us.uskmk.com/apply/real.html, about the company's legal and temporary regulatory information, the company's address .

USK Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

USK Markets Group Ltd

Abbreviation

USK

Company employee

Customer Service Email Address

info@uskfx.com

Company Website

http://www.uskfx.com/en/index.html

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Key Information Details Company Name USK Markets Group Ltd Years of Establishment 5-10 years Headquarters United Kingdom Office Locations N/A Regulation Unregulated Tradable Assets Forex, Stocks, Commodities, Indices, Cryptocurrencies Account Types Standard, VIP, Raw Spread Minimum Deposit $200 Leverage Up to 1:500 Spread From 0.1 pips Deposit/Withdrawal Methods Bank transfers, E-wallets Trading Platforms MetaTrader 4 Customer Support Phone, Email Overview of USK USK Markets Group Ltd is an unregulated financial firm established in the United Kingdom that offers the trading platform of MetaTrader 4, facilitating trading across various tradable assets, including forex, stocks, commodities, indices, and cryptocurrencies. USK Markets Group Ltd provides three types of accounts, each with its minimum deposit requirements, starting from $200. Traders can access leverage ratios up to 1:500 with spreads that differ across account types, with the lowest spread starting from 0.1 pips for Raw Spread and going up to 1.0 pips for the Standard account. The company offers various deposit and withdrawal options to facilitate transactions for their clients. Lastly, although USK has two customer support options, there is no official website. Regulation According to the National Futures Association (NFA), USK Markets Group Ltd has been labeled with an “Unauthorized” status, meaning that it is unregulated. This designation means that the company is not authorized or approved by the NFA to conduct certain financial services within the United States. The NFA, under the Common Financial Service License, has assigned the license number 0508712 to USK Markets Group Ltd. The term “Unauthorized” status signifies that USK Markets Group Ltd lacks the necessary authorization or approval from the NFA to offer certain financial services or operate in the regulated financial markets within the United States. This regulatory status poses risks to investors and customers as it indicates that the company may not be compliant with the necessary regulatory standards and safeguards. Pros and Cons USK Markets Group Ltd offers a wide range of tradable assets providing traders with various investment opportunities. The availability of multiple account types caters to different trading preferences and risk appetites. Traders can benefit from the leverage ratios offered, which go up to 1:500, potentially amplifying their trading positions. The absence of commissions on the Raw Spread account is appealing to certain traders looking to reduce trading costs. Additionally, the provision of several deposit and withdrawal options offers convenience and flexibility to clients. One significant drawback of USK Markets Group Ltd is its unregulated status, which may raise concerns among potential investors about the lack of oversight and consumer protections. The company's inaccessible website may further contribute to doubts regarding its credibility and reliability, hindering traders from gathering crucial information and creating trading accounts. Moreover, the minimum deposit requirements for each account type may be relatively high, potentially excluding traders with limited capital from accessing certain benefits and features. The spread variations across the different account types can result in additional costs for traders, especially those on the Standard account, where spreads start from 1.0 pips. Pros Cons Diverse assets Unregulated status Multiple account types Inaccessible website Attractive leverage ratios High minimum deposit Variety of options Spread variations Convenient transactions Inaccessible Website The website of USK Markets Group Ltd is currently inaccessible, leading to potential implications on the company's credibility. The unavailability of their website can raise concerns among potential traders and investors regarding the reliability and legitimacy of the company. An inaccessible website may suggest operational issues, lack of transparency, or potential technical difficulties, which can cast doubts on the company's ability to provide consistent and reliable financial services. The unavailability of the website also means that traders cannot create a trading account with USK Markets Group Ltd. This restriction hinders individuals from accessing the company's trading platforms, tradable assets, and account types. Traders are deprived of the opportunity to explore the features and offerings of the company, leading to a lack of information about their services and conditions. Market Instruments USK Markets Group Ltd provides a comprehensive range of market instruments, offering forex, stocks, commodities, indices, and cryptocurrencies for traders and investors. Specifics are as follows: Forex: USK Markets Group Ltd offers a wide selection of forex currency pairs for trading, providing opportunities for investors to engage in the foreign exchange market. Stocks: USK Markets Group Ltd enables traders to access various stocks from different companies, allowing them to invest in individual equities. Commodities: USK Markets Group Ltd allows investors to trade commodities, including precious metals, energies, and agricultural products, providing exposure to these specific asset classes. Indices: USK Markets Group Ltd offers a range of indices, allowing traders to invest in a portfolio of stocks from different companies, providing a broader market representation. Cryptocurrencies: USK Markets Group Ltd provides access to a variety of cryptocurrencies, allowing traders to participate in the digital asset market. The following is a table that compares USK Markets Group Ltd to competing brokerages: Broker Market Instruments USK Markets Group Ltd Forex, Stocks, Commodities, Indices, Cryptocurrencies OctaFX Forex, Stocks, Metals, Energies, Indices, Cryptocurrencies FXCC Forex, Metals, Energies, Indices, Cryptocurrencies Tickmill Forex, Stocks, Metals, Energies, Indices, Cryptocurrencies FxPro Forex, Stocks, Metals, Energies, Indices, Cryptocurrencies Account Types The account types offered by USK Markets Group Ltd are Standard Account, VIP Account, and Raw Spread Account. Specifics are as follows: Standard Account: USK Markets Group Ltd offers a Standard Account with spreads starting from 1.0 pips. The minimum deposit required to open a Standard Account is $200, and traders will be charged a commission of $7 per lot for their trades. VIP Account: USK Markets Group Ltd's VIP Account provides traders with floating spreads starting from 0.5 pips. This account type offers a reduced commission rate of $5 per lot. To open a VIP Account, a minimum deposit of $5,000 is required. Raw Spread Account: USK Markets Group Ltd's Raw Spread Account boasts the tightest spreads, starting from 0.1 pips, without any commission charges. However, traders are required to deposit a minimum of $10,000 to open this account. The specifics of the account types are as follows: Account Type Spreads Commission Minimum Deposit Standard Account From 1.0 pips $7 per lot $200 VIP Account From 0.5 pips $5 per lot $5,000 Raw Spread Account From 0.1 pips None $10,000 Minimum Deposit USK Markets Group Ltd offers varying minimum deposit rates for its account types. Traders can open a Standard Account with a minimum deposit of $200, while the VIP Account requires a higher minimum deposit of $5,000. For those seeking the Raw Spread Account, a substantial minimum deposit of $10,000 is required to access its benefits. Each account type has its own deposit requirement, accommodating traders with different capital levels and trading preferences. Leverage USK Markets Group Ltd provides leverage options for traders across different market instruments. The maximum leverage ratio offered for forex trading is up to 1:500, while for stocks, it is up to 1:10. Commodities have a maximum leverage of up to 1:20, indices up to 1:100, and cryptocurrencies up to 1:50. The leverage ratios allow traders to amplify their trading positions, potentially increasing their profit potential or risk exposure, depending on their trading strategies and risk appetite. The following table compares the maximum leverage ratios offered by USK Markets Group Ltd and the mentioned competitors: Broker Forex Leverage Stocks Leverage Commodities Leverage Indices Leverage Cryptocurrencies Leverage USK Markets Group Ltd Up to 1:500 Up to 1:10 Up to 1:20 Up to 1:100 Up to 1:50 OctaFX Up to 1:500 Up to 1:20 Up to 1:20 Up to 1:100 Up to 1:10 FXCC Up to 1:500 Up to 1:5 Up to 1:25 Up to 1:100 Up to 1:3 Tickmill Up to 1:500 Up to 1:20 Up to 1:25 Up to 1:100 Up to 1:5 FxPro Up to 1:500 Up to 1:20 Up to 1:20 Up to 1:500 Up to 1:2 Spread USK Markets Group Ltd offers varying spreads across its account types. The Standard Account has spreads starting from 1.0 pips, while the VIP Account offers floating spreads starting from 0.5 pips. For traders seeking the tightest spreads, the Raw Spread Account provides spreads starting from 0.1 pips, without any commission charges. The spread variations cater to different trading preferences and strategies, with the Raw Spread Account being particularly attractive to traders looking for lower trading costs. Traders should consider the spreads along with other factors when choosing an account type that aligns with their trading needs. Deposit & Withdrawal USK Markets Group Ltd offers a range of deposit and withdrawal methods to facilitate transactions for its clients, including the use of credit cards, debit cards, wire transfers, and e-wallets. Bank Transfer: Wire transfer deposits and withdrawals involve direct fund transfers between a trader's bank account and their trading account, known for their security and reliability, although they may take a few business days to process. E-wallet: E-wallet deposits and withdrawals utilize digital payment systems, enabling traders to swiftly transfer funds to and from their trading accounts without sharing their banking details directly with the broker. Unfortunately, specific details about the current deposit and withdrawal methods offered by USK Markets Group Ltd are not available as there is no official website to provide updated information. Traders are advised to seek alternative means of accessing the company's latest offerings or consult directly with customer support for the most accurate and up-to-date information on deposit and withdrawal methods. Trading Platforms USK Markets Group Ltd offers the MetaTrader 4 trading platform, a widely recognized and popular platform in the financial industry. MetaTrader 4 provides a user-friendly interface, advanced charting tools, technical analysis indicators, and automated trading capabilities through Expert Advisors (EAs). Traders can access real-time market data, execute trades swiftly, and manage their trading accounts efficiently using this platform. Table comparing trading platforms: Broker Trading Platforms USK Markets Group Ltd MetaTrader 4 OctaFX MetaTrader 4, MetaTrader 5, cTrader FXCC MetaTrader 4, MetaTrader 5 Tickmill MetaTrader 4, MetaTrader 5 FxPro MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge Customer Support USK Markets Group Ltd provides customer support through phone and email channels, allowing traders to seek assistance and receive responses to their inquiries efficiently. Phone Support: Traders can reach USK Markets Group Ltd's customer support through phone by dialing the contact number 4000068505. This direct communication method allows clients to receive real-time assistance and resolve their queries promptly. Email Support: USK Markets Group Ltd offers email support to its clients through the address info@uskfx.com. Traders can send their inquiries or concerns via email and expect a response from the customer support team in a timely manner. Conclusion In conclusion, USK Markets Group Ltd is a financial brokerage with an unregulated status offering a selection of account types. The company provides a range of tradable assets, spanning forex, stocks, commodities, indices, and cryptocurrencies via the MetaTrader 4 platform. USK Markets Group Ltd has no official website, but it has customer support availability through phone and email. Deposits and withdrawals are facilitated through multiple methods, including credit cards, debit cards, wire transfers, and e-wallets, but these methods are not specified as there is no website to show updated information. FAQs Q: What trading platform does USK Markets Group Ltd offer？ A: USK Markets Group Ltd offers the MetaTrader 4 trading platform. Q: What are the available account types？ A: USK Markets Group Ltd offers Standard, VIP, and Raw Spread accounts. Q: What is the minimum deposit for the VIP account？ A: The minimum deposit for the VIP account is $5,000. Q: How can traders reach customer support？ A: Traders can contact customer support through phone and email. Q: Does USK Markets Group Ltd offer cryptocurrency trading？ A: Yes, USK Markets Group Ltd provides trading options for cryptocurrencies. Q: What is the commission rate for the Raw Spread account？ A: The Raw Spread account has no commission charges.

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USK Forex Broker - Complete Information Guide

1. Broker Overview

　　USK Markets, established in 2020, is a relatively new player in the forex brokerage industry. The company is headquartered in Qingdao City, Shandong Province, China, specifically located at Room 2705, Building 2, Block Yi, #8 Hong Kong Middle Road, Shinan District. USK Markets operates as a privately held company, focusing primarily on the retail forex market, catering to clients globally.

　　Since its inception, USK Markets has aimed to provide a diversified range of trading services, allowing clients to access various financial instruments such as forex, commodities, and indices. Despite its recent establishment, USK Markets has positioned itself to attract both novice and experienced traders by offering competitive trading conditions and a user-friendly trading platform.

　　As a relatively new broker, USK Markets has not yet established a significant presence or reputation in the competitive forex market. However, it has made strides in its operational capacity, offering trading on the MetaTrader 4 (MT4) platform, which is well-regarded in the trading community. The companys business model revolves around providing retail forex trading services while ensuring that clients have access to essential trading tools and resources.

　　The company's growth trajectory has been marked by its commitment to expanding its product offerings and enhancing its trading platform. As USK Markets continues to develop, it aims to solidify its position as a reliable forex broker, despite the challenges presented by regulatory compliance and market competition.

2. Regulatory and Compliance Information

　　USK Markets currently operates in an unregulated environment, which poses certain risks to potential investors. The broker does not hold licenses from any major financial regulatory bodies, which raises concerns regarding the safety of client funds and the overall legitimacy of its operations.

　　Investors should be aware that the lack of regulation means there is no oversight to ensure that the broker adheres to industry standards or protects client interests. Consequently, it is crucial for prospective clients to conduct thorough due diligence before engaging with USK Markets.

　　The absence of regulatory oversight also implies that USK Markets does not participate in any investor compensation schemes, which are typically designed to protect clients in the event of broker insolvency. Furthermore, the broker has not publicly disclosed its policies regarding the segregation of client funds, which is a standard practice among regulated brokers to ensure that client funds are kept separate from the broker's operational funds.

　　In terms of compliance, USK Markets has not provided detailed information regarding its KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. These measures are essential for preventing fraud and ensuring that the broker adheres to international standards of financial conduct.

　　Given these considerations, it is advisable for traders to approach USK Markets with caution, keeping in mind the potential risks associated with trading through an unregulated broker.

3. Trading Products and Services

　　USK Markets offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to over 250 currency pairs, including major, minor, and exotic pairs, catering to a broad spectrum of trading preferences. This extensive selection allows traders to engage in various trading strategies, from day trading to long-term investment approaches.

　　In addition to forex, USK Markets also offers Contract for Difference (CFD) trading across several asset classes, including commodities, indices, and precious metals. This variety enables clients to diversify their trading portfolios and capitalize on different market movements. The broker also provides access to popular commodities such as crude oil and gold, which are often sought after by traders looking to hedge against market volatility.

　　USK Markets aims to keep its trading product offerings updated, regularly reviewing and adding new instruments based on market demand and client feedback. This responsiveness to market trends is crucial for maintaining a competitive edge in the dynamic forex landscape.

　　For retail traders, USK Markets provides a range of trading services designed to facilitate an efficient trading experience. These services include educational resources, market analysis, and customer support to assist clients in making informed trading decisions. While the broker does not currently offer institutional services or white-label solutions, its focus remains on providing robust retail trading services.

4. Trading Platform and Technology

　　USK Markets primarily utilizes the MetaTrader 4 (MT4) trading platform, a widely recognized and trusted platform among forex traders. MT4 is known for its user-friendly interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EAs). This platform allows traders to execute trades seamlessly and access a variety of technical indicators to enhance their trading strategies.

　　Currently, USK Markets does not offer a proprietary trading platform or support for MetaTrader 5 (MT5), which is the successor to MT4. However, the availability of MT4 ensures that traders can still benefit from a comprehensive trading experience.

　　The broker provides a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. This flexibility is particularly advantageous for traders who prefer to access their accounts from multiple devices.

　　For mobile trading, USK Markets supports the MT4 mobile application, available for both iOS and Android devices. This feature enables traders to monitor their accounts and execute trades on the go, ensuring that they can stay connected to the markets at all times.

　　In terms of execution, USK Markets employs an ECN (Electronic Communication Network) model, which facilitates direct market access for traders. This execution model is favored for its transparency and speed, allowing traders to benefit from competitive spreads and minimal slippage.

　　The broker's infrastructure is designed to support high-frequency trading and ensure that clients experience reliable connectivity. While specific details regarding server locations and technical infrastructure have not been disclosed, the focus on providing a robust trading environment remains a priority for USK Markets.

5. Account Types and Trading Conditions

　　USK Markets offers a variety of account types to cater to different trading needs and preferences. The standard account typically requires a minimum deposit, which is competitive within the industry. This account type features variable spreads, allowing traders to access the market with minimal initial investment.

　　For more experienced traders, USK Markets may offer premium or VIP accounts, which come with enhanced trading conditions, including lower spreads and potentially higher leverage options. These accounts are designed for traders who require more sophisticated trading tools and resources.

　　Additionally, USK Markets provides a demo account, allowing prospective clients to practice trading strategies without risking real capital. This feature is essential for new traders looking to familiarize themselves with the trading platform and market dynamics.

　　Regarding leverage, USK Markets offers a flexible range of leverage options depending on the asset class being traded. This flexibility enables traders to tailor their risk management strategies according to their individual preferences and trading styles.

　　The broker's overnight fees and other trading conditions, such as minimum trade sizes, are standard within the industry. However, specific details regarding these conditions should be verified directly with USK Markets, as they may vary based on account type and market conditions.

6. Fund Management

　　USK Markets supports a variety of deposit methods, including bank transfers, credit cards, and popular e-wallets. The availability of multiple funding options ensures that clients can choose the method that best suits their needs.

　　The minimum deposit requirement varies based on the account type selected. This flexibility allows traders to start with an amount that aligns with their financial capabilities.

　　Deposit processing times are generally quick, with most transactions being processed within a few hours. However, specific timeframes may depend on the payment method used. It is advisable for clients to review the broker's policies regarding deposit processing times to avoid any potential delays.

　　As for withdrawals, USK Markets offers several methods, including bank transfers and e-wallets. Withdrawal processing times typically range from 24 to 36 hours, depending on the method chosen. However, clients should be aware of any potential withdrawal fees, which may apply based on the selected payment method.

　　Overall, USK Markets aims to provide a transparent and efficient fund management process, ensuring that clients can easily deposit and withdraw funds as needed.

7. Customer Support and Educational Resources

　　USK Markets offers a range of customer support channels, including email, phone support, and online chat. This multi-channel approach ensures that clients can reach out for assistance whenever needed.

　　The brokers customer support team is available during business hours, but response times may vary depending on the volume of inquiries. Clients can expect timely assistance, although waiting times might be longer during peak periods.

　　In terms of multilingual support, USK Markets primarily offers support in Simplified Chinese and English, catering to a diverse client base. This language support is essential for ensuring effective communication with clients from different regions.

　　To enhance the trading experience, USK Markets provides a variety of educational resources, including webinars, tutorials, and e-books. These resources are designed to help traders improve their skills and understanding of the forex market.

　　Additionally, USK Markets offers market analysis services, providing clients with daily insights, news updates, and research reports. This information is valuable for traders looking to stay informed about market trends and make informed trading decisions.

　　The broker also provides various trading tools, including calculators, economic calendars, and signal services, to assist clients in their trading endeavors.

8. Regional Coverage and Restrictions

　　USK Markets primarily serves clients in China and other regions worldwide. The broker aims to expand its market reach as it continues to grow and develop its service offerings.

　　Currently, USK Markets has no publicly disclosed regional offices outside of its headquarters in China. However, the broker's online presence allows it to cater to clients globally, providing access to its trading services regardless of geographical location.

　　It is important to note that USK Markets may not accept clients from certain countries due to regulatory restrictions. Specific countries or regions where the broker does not operate have not been explicitly listed, so potential clients should verify their eligibility before opening an account.

　　In summary, while USK Markets strives to provide comprehensive trading services to a global audience, prospective clients should be aware of the potential limitations and conduct thorough research before engaging with the broker.

　　This comprehensive guide provides an overview of USK Markets, detailing its operations, regulatory status, trading products, and client services. As always, potential investors should exercise caution and conduct their due diligence when considering trading with any broker, especially one that operates in an unregulated environment like USK Markets.

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