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Suspicious Clone
Score
1.52 /10
Danger
DangKang
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.08
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
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!
2
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The United KingdomFCA regulation (license number: 712141) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
Note: You can't access DangKang's official website: https://en.dk-tnt.com right now.
DangKang Information
DangKang started in May 2005 as an unregulated broker company with registration. The company offers the MetaTrader 5 (MT5) platform for trading.
Is DangKang Legit？
DK Finance Limited had an investment Advisory License previously regulated by the Financial Conduct Authority (FCA) in the UK. However, its credential identified as number 712141 is no longer valid, and the current status is to be suspicious clone.
 | Financial Conduct Authority (FCA) |
| Current Status | Suspicious Clone |
| Regulated by | United Kingdom |
| License Type | Investment Advisory License |
| License No. | 712141 |
| Licensed Institution | DK Finance Limited |
Downsides of DangKang
- Unavailable Website
The official website for DangKang is down, which makes one wonder whether it might be relied on or easily accessible.
- Lack of Transparency
DangKang has very limited information available online. This lack of transparency is so unlike other brokers, thus making it difficult for investors to decide in an informed way.
- Regulatory Concerns
There are no clear regulations governing DangKang, and this raises questions about the safety of investor funds and the general trustworthiness of the firm.
Conclusion
Using a non-regulated platform like DangKang can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.
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