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Snok Group

China|2-5 years|
White label MT5|Regional Brokers|Australia Appointed Representative(AR) Revoked|Suspicious Overrun|High potential risk|

https://snokgroup.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
SnokGroup-Demo MT5
Server Location United Kingdom

Contact

service@snokgroup.com
https://snokgroup.com/en

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Broker Information

More

Company Name

Snok Group Limited

Company Abbreviation

Snok Group

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-06-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001288229) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • United StatesNFA (license number: 0539276) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0539276)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Snok Group · WikiFX Survey

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Snok Group · Company Summary

Note: Since this brokers official site (https://snokgroup.com/en) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Snok Group is allegedly a broker based in China that provides its clients with the worlds popular MetaTrader5 platform, five classes of tradable assets and the sole account type.

Market Instruments

Snok Group advertises that it offers five classes of trading instruments, which include commodities (cotton and sugar), cryptocurrencies (Bitcoin, Ethereum, Litecoin and Ribble), forex, indices and shares.

Account Types

The only useful information about account types we get from the Internet is that Snok Group claims to provide only one type of trading account. Unluckily, there are no more details and we have no chance to get access to its official website due to its broken links.

Trading Platform Available

In terms of trading platforms available,Snok Group gives traders the choice of the worlds renown MetaTrader5 platform, which is one of the best trading terminals to use and the terminal comes with advanced trading tools and over 50 indicators.

Deposit & Withdrawal

Snok Group seems to accept payment methods via bank and wire transfer. However, no more specific information available on the Internet.

Customer Support

Snok Group‘s customer support can be reached through email: service@snokgroup.com. However, this broker doesn’t disclose other more direct contact information like telephone number or company address while most brokers offer.

User Reviews

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2

Comments

Write a review

dfgh007
more than one year
I still can't believe I had to go through their attempts to blackmail me and freeze my funds, but I do respect the broker and its rules regarding deposits and withdrawals.
2024-02-23 16:57
Reply
0
0
FX1105112209
more than one year
Snok Group's website is down, and it appears that it has managed to scam innocent traders. Hope the victims can get their money back as soon as possible.
2022-12-08 10:56
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0
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