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The WikiFX Score of this broker is reduced because of too many complaints!

DK Trade

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Global Business|High potential risk|

https://www.dktrade.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
DKTrade-Demo-1 MT4
Server Location Ireland

Contact

+84 1900299239
support_vn@dktrade.com
https://www.dktrade.com/
https://www.facebook.com/DKTrade.global
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

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

Single Core

1G

40G

Open Now

Contact number

Vietnamese

+84 1900299239

Broker Information

More

Company Name

DK Trade

Company Abbreviation

DK Trade

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Facebook
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 25 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    Sources

    DK Trade · Company Summary

    Company Summary

    Company profile

    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.

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    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.

    image.png

    User Reviews

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    User comment

    4

    Comments

    Write a review

    yaoyao
    more than one year
    DK Trade is a complete liar. It cheated me of tens of thousands of dollars. Now it does not respond to messages at all, and the website continues to open! fraud! Do not invest here!
    2023-02-20 09:59
    Reply
    0
    0
    FX1075428347
    more than one year
    They were very nice to me before I made a deposit and the first time I tried to withdraw my winnings they told me what the bonuses would be to continue depositing...so I continued depositing and then tried to withdraw again and they just disappeared....liars !!!
    2022-11-28 17:38
    Reply
    0
    0
    诺涵
    more than one year
    Have read so many bad reviews about this broker on the Internet, I am horrified. Many people are complaining that this broker is a scam and they cannot withdraw money. And their accounts are forced liquidation which leads them to lose too much. Stay away from them!
    2022-11-27 10:57
    Reply
    0
    0
    周丹
    more than one year
    DK Trade is an unregulated broker, the people behind it is unknown. Don’t be so naive as to put your trust in this broker; all that they’ end up giving you is a broken heart. I’ve wasted thousands of dollars to learn this.
    2022-11-25 18:10
    Reply
    0
    0
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