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BRK -

Score

1.51 /10
Danger

BRK

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

https://thebrokerscapital.com

Influence

D

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BRK · Company summary

BRK is an unregulated broker that offers mult-asset trading via the leading MT5 platform. Many traders will select a broker because MT5 is today's most popular trading platform. Nevertheless, the absence of regulation places many customers at risk of losing their money.

BRK's homepage

Pros and Cons

Pros Cons
Minimum deposit: $50No regulation
Popular trading platform: MT5Lack of transparency
Maximum leverage up to 500:1

Is BRK Legit?

BRK HOLDINGS LIMITED established BRK in 2019, and the company's registration number is 02215079. However, BRK is not regulated by the Financial Conduct Authority (FCA). And FMA and MAS also can't find anything about it.

No license

Domain information

What Can I Trade on BRK?

BRK offers over 30 forex currency pairs, indices, stocks and bitcoin for personal investment and trading options.

Tradable Instruments Supported
Forex✔
Shares✔
Indices✔
Cryptocurrencies✔
Metals✔
Soft Commodities✔
Options❌

Account Type

BRK offers two account types: live and demo. Customers can open a demo account to develop and enhance their abilities, and they can convert it to a live account for trading once they have attained proficiency.

Leverage

The maximum leverage ratio provided by BRK is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

BRK Fees

BRK fees are lower than the industry average.

Account TypeMinimum DepositSpread
Live$500.8

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Mobile device (Mac, Android, iPhone, iPad), DesktopExperienced traders

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositProcessing Time
Neteller$50Not mentioned
Skrill$50Not mentioned

Withdrawal Options

Withdrawal Options Min. Withdrawal Processing Time
Neteller$50Not mentioned
Skril$50Not mentioned

Customer Service

Contact Options Details
Phone+44 7845 576291
Emailsupport@thebrokerscapital.com
Support Ticket System❌
Online Chat❌
Social MediaFacebook, Instagram
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressSuite 305 Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and Grenadines

FAQs

Is BRK safe?

BRK lacks regulation and can be very unsafe, with many legal and financial risks.

What kind of trading platform does BRK offer?

MT5 offers a user-friendly platform with extensive knowledge-sharing capabilities.

Is BRK good for beginners?

No. We don't recommend any traders trade with unregulated brokers although it advertises to offer quite attractive trading conditions.

User Reviews

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User comment

4

Comments

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Aw Yee Kang
more than one year
Brilliant experience. I've been working with BRK for quite a long time. Investing in currency pairs proved to be very easy and profitable. I was suspicious in the beginning but then once I tested the system and tried to withdraw the money I was satisfied.
Brilliant experience. I've been working with BRK for quite a long time. Investing in currency pairs proved to be very easy and profitable. I was suspicious in the beginning but then once I tested the system and tried to withdraw the money I was satisfied.
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2023-02-24 15:17
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锐生
more than one year
Suddenly I received an email that my account needed regular verification and they restricted my withdrawals. The response is too slow, unsetting, and I may not be able to withdrawal my money….
Suddenly I received an email that my account needed regular verification and they restricted my withdrawals. The response is too slow, unsetting, and I may not be able to withdrawal my money….
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2022-12-16 19:10
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