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Abstract:DK Trade was established in 2018 and is an online forex broker currently regulated by the Financial Services Commission of St. Vincent and the Grenadines.
General Information & Regulation
DK Trade was established in 2018 and is an online forex broker currently regulated by the Financial Services Commission of St. Vincent and the Grenadines.
Market Instruments
DK Trade offers investors access to popular financial tradable instruments, including over 30 foreign exchange currency pairs, gold, silver, oil, and other commodities, over 20 major indices and stocks.
Leverage & Account
To meet different investors' needs and trading experience, DK Trade offers three types of accounts: Variable Accounts, Fix Accounts, and Zero Accounts. However, DK trade gives no minimum deposit information.
DK Trade Leverage
In terms of trading leverage, the maximum leverage offered by DK Trade is super high, reaching up to 1:1000. Leverage can amplify both profits as well as losses, therefore, inexperienced traders are not advised to use such high leverage level.
Spreads & Commission
Spreads on DK Trade Variable Accounts start at 1.4 pips, and there is no commission on trades. Fix Accounts are available from 1.5 pips with no commission. Spreads on Zero Accounts start at 0.4 pips and are subject to a commission of $10 per lot (round turn) for Forex trading and $15 per lot (round turn) for Metals trading.
Trading Platform
DK Trade provides investors with mobile and desktop versions of the industry-leading trading platforms MetaTrader 4 and MetaTrader 5 to meet the trading needs of traders and increase trading flexibility. WebTrader and MAM multi-terminal trading platforms are also available.
Deposit & Withdrawal
Withdrawals can be made by bank transfer, Alipay, WeChat. There is no mention of any withdrawal fees, or a minimum withdrawal.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.