Nk Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 11:47

Abstract：Nk Market is an online trading platform in the US offering various financial instruments including forex, futures products, and indices. It offers two types of spreads and commission structures. However, it is a suspected clone. And information on account types, deposits, and withdrawals is not provided.

　　Note: Nk Market's official website: https://nkmarketltd.com/en is currently inaccessible normally.

Nk Market Review Summary
Founded	2024
Registered Country/Region	United States
Regulation	Suspicious Clone
Market Instruments	Forex, futures products, indices
Demo Account	Not Mentioned
Spread	Starting from 0.0 pips
Trading Platform	Nk Market trading platform
Customer Support	+81 080 8050 7965
Customer Support	support@nkmarketltd.com

Nk Market Information

　　Nk Market is an online trading platform in the US offering various financial instruments including forex, futures products, and indices. It offers two types of spreads and commission structures. However, it is a suspected clone. And information on account types, deposits, and withdrawals is not provided.

Pros and Cons

Pros	Cons
Platform supports Windows, iOS, and Android devices	Suspicious Clone
No commission	Limited information on deposit and withdrawal
	Limited information on account types

Is Nk Market Legit?

　　Nk Market once had a Common Financial Service License regulated by the National Futures Association (NFA) in the United States with a license number of 0561303. But it is a Suspicious Clone now.

Regulatory Status	Suspicious Clone
Regulated by	National Futures Association (NFA)
Licensed Institution	HM markets
Licensed Type	Common Financial Service License
Licensed Number	0561303

What Can I Trade on Nk Market?

　　Nk Market offers 3 classes of trading instruments, including forex, futures products, and indices.

Tradable Instruments	Supported
Forex	✔
Futures	✔
Indices	✔
Cryptocurrency	❌
Shares	❌
Metals	❌

Nk Market Fees

　　NK Markets offers two types of spreads and commission structures for their trading services: Variable Spread and ECN Spread.

　　Variable Spread:

No commission
Utilizes Straight Through Processing (STP) with Tier 1 Liquidity Providers.
Product pricing is based on a variable spread model, where the fees are included within the spread itself.

　　ECN Spread:

A commission of 10 USD is charged per batch for foreign exchange instruments.
Operates on an Electronic Communication Network (ECN), providing raw ECN spreads as low as 0.1 basis points directly from the market
No additional markup is applied to the spread.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Nk Market trading platform	✔	Windows, iOS, and Android devices	Investors of all experience levels