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Arkcoin

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://arkcoin.cc

Website

Rating Index

Contact

support@arkcoin.cc
https://arkcoin.cc

Licenses

No valid regulatory information, please be aware of the risk!

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Broker Information

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Company Name

Arkcoin

Company Abbreviation

Arkcoin

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Arkcoin · Company Summary

Since Arkcoins official website (https://arkcoin.cc/) is temporarily down, we could only piece together a rough picture of xx as a forex broker by gathering relevant information from other websites.

basic-info

General Information

Established in 2022, Arkcoin is an online forex broker registered in Saint Vincent and the Grenadines, offering diversified range of trading instruments, including Forex, Stocks, Commodities, Indices and more. Investors have the flexibility to choose among Beginner, Intermediate and Expert accounts, with the minimum deposit to start with this broker reaching up to €250.

Arkcoin is the trading brand operated by Flack Consulting LLC, with registration number: 1730 LLC 2022. All Card transactions are processed by Flack Consulting LLC with registered address at First Floor, First St. Vincent Bank Ltd Building, James Street Kingstown, St. Vincent and the Grenadines.

Please note that this forex broker is not subject to any valid regulation.

Market Instruments

Arkcoin only hypes that it offers clients access to more than 200 trading assets, but does not specify its trading asset classes.

Account Types

Arkcoin has designed three trading accounts to suit different traders trading needs, namely Beginner, Intermediate, and Expert accounts.

To open the most basic account, €250 is required, which appears to be much higher than its competitors requirements of less than $100. The Intermediate and the Expert account ask for an initial deposit of €2,500 and €25,000, respectively.

account-types

Other account features include over 200 trading assets tradable, scalping allowed, day trading signals, 24 x5 support via email, phone.

Leverage

Trading leverage varies depending on different trading accounts, ranging from 1:200 to 1:600, which is much higher than levels considered appropriate for retail traders by many regulatory authorities. Please note that high leverage is not always the good thing, as it may increase your profits, but more importantly, it can cause serious fund losses, especially to inexperienced traders.

Spreads & Commissions

Spreads and commissions are not mentioned anywhere.

Trading Platform

Arkcoin offers its clients a proprietary trading platform, instead of the industry-leading MT4 or MT5 trading platform. In fact, the webtrader this forex broker offers is just a simples trading platform with some basic designs, far cry from the MT4 or MT5 trading platform.

Deposit & Withdrawal

The minimum deposit is €250. Arkcoin allows its clients to make a deposit and withdrawal through VISA, MasterCard, Maestro, Bank Transfer, Wire Transfer.

payment-methods

Customer Support

Traders with any inquiries or trading-related issues can only get access to Arkcoins customer support through an email it gives: support@arkcoin.cc.

No other more direct or effective contact channels, like telephone, whatsapp, are available.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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谢天亿(中国人寿) Alice
more than one year
San Vicente y las Granadinas is a notorious place for allowing many scam financial companies to register. For example, Arkcoin's website is no longer open...
2023-02-23 11:39
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落微
more than one year
It is very strange that the website cannot be opened, I don't know what happened, but I did not see anyone saying that they were deceived. I hope this is not a fraudulent company.
2022-12-16 16:39
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小鱼儿59826
more than one year
The website of this company can no longer be opened. I think he's bankrupt or has run off with money. But I haven't seen the victim's statement yet, and I hope there are no victims.
2022-12-16 11:14
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