Forextk-Some Important Details about This Broker
Abstract：Forextk is a broker. The tradable instruments with a maximum leverage of 1:1000 include stocks, bonds, currencies commodities, and cryptocurrencies. The broker also provides three major accounts. The minimum deposit is $10. Forextk is still risky due to its unregulated status, high leverage, and unspecific fee information.
| Forextk Review Summary | |
| Founded | 2020-11-26 |
| Registered Country/Region | Australia |
| Regulation | Unregulated |
| Market Instruments | Bonds/Commodities/Stocks/Cryptocurrencies/Currencies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | / |
| Trading Platform | Forextk |
| Min Deposit | $10 |
| Customer Support | Social Media: Facebook, Twitter, Instagram |
Forextk Information
Forextk is a broker. The tradable instruments with a maximum leverage of 1:1000 include stocks, bonds, currencies commodities, and cryptocurrencies. The broker also provides three major accounts. The minimum deposit is $10. Forextk is still risky due to its unregulated status, high leverage, and unspecific fee information.
Pros and Cons
| Pros | Cons |
| Various tradable instruments | Unregulated |
| Leverage up to 1:1000 | Unspecific fees information |
| Demo account available |
Is Forextk Legit?
Forextk is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on Forextk?
Traders can choose different investment directions because the broker provides stocks, bonds, currencies commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Bonds | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Currencies | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Forextk has account types with different stop loss: Swap free, ECN, and Pro ECN. Traders with low deposits can choose an ECN account.
| Account Type | Swap free | ECN | Pro ECN |
| Min deposit | - | $10 | $200 |
| Stop Out | 40% | 40% | 45% |
| Leverage | 1:30~1000 | 1:30~1000 | 1:30~1000 |
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
Forextk provides a built-in trading platform instead of authority MT4/MT5 to invest.
| Trading Platform | Supported |
| Forextk | ✔ |
Deposit and Withdrawal
The minimum deposit is $10. Deposit and withdrawal methods include Skrill, MasterCard, VISA, etc.
Customer Support Options
Traders can follow Forextk to learn more via Facebook, Twitter, Instagram, etc.
| Contact Options | Details |
| Social Media | Facebook, Twitter, Instagram |
| Supported Language | English |
| Website Language | English |
| Physical Address | / |
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