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DK Trade

Operating status: Unregulated
Website: https://www.dktrade.com/
Suspected Inactive
Broker violations and abnormal records
  • Dec 05, 2024 BrokersView has reviewed that DK Trade is an unregulated broker

    BrokersView has noticed that DK Trade's website has been disabled, which is a significant red flag. The broker previously relied solely on its registration in St. Vincent and the Grenadines to demonstrate its legitimacy and compliance. However, this registration does not constitute a credible financial license for its business. Furthermore, this jurisdiction has announced that forex trading brokerage activities are not licensed there. Additionally, the offshore registration has been canceled.

    In essence, DK Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  DK Trade appears to be a scam. 

    BrokersView has noticed that DK Trade's website has been disabled, which is a significant red flag. The broker previously relied solely on its registration in St. Vincent and the Grenadines to demonstrate its legitimacy and compliance. However, this registration does not constitute a credible financial license for its business. Furthermore, this jurisdiction has announced that forex trading brokerage activities are not licensed there. Additionally, the offshore registration has been canceled.

    In essence, DK Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  DK Trade appears to be a scam. 

4 comments

Rita
The broker doesn’t deserve to be called a good broker. All the money was lost. Support doesn’t provide an explanation. DK Trade is a thief.
Jun 17, 2023
Reply
Jeffrey
Too bad, after what happened last month, I'm not working with them anymore. The worst customer support ever.
May 19, 2023
Reply
Vitaliy Dubiv
It is useful to hear that other people are having problems fetching any communication from DK TRADE. Attempts to get my site verified and account approved, but nothing finished. I don't know whether it is reliable or not.
May 06, 2023
Reply
henrick
DK Trade is my first broker. I am getting profit for more than a year here. It offers a large selection of tools for clients. Really tight spreads and instant order execution. And, the most important thing is that it has a young and qualified technical support who are able to answer all my questions, even the most tricky ones.
Jul 06, 2022
Reply
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Risk Warning

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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