ANSWER Dear Investor,
CloackX does not appear to be a trustworthy platform.
CloackX has not provided any verifiable regulatory or licensing information, merely stating that it is registered in Saint Lucia. Although we did find a licensed entity named Cloackx Ltd. in the Saint Lucia International Financial Centre (IFC) system, please note that this does not mean it holds a brokerage license. The Saint Lucia IFC does not regulate the forex market, nor does it grant licenses to forex brokers.
Furthermore, CloackX may actually be entirely unauthorized, which poses an extremely high risk to its investors. Therefore, we strongly advise you to avoid trading with this broker to prevent significant financial losses.
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