Global Broker Regulation Inquiry App
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BK Forex

United Kingdom United Kingdom | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | Suspicious Overrun | High potential risk

http://www.bk-forex.com/En_index.html?chlang=&langid=2

Website

Rating Index

Contact

info@bkforex.co.uk
http://www.bk-forex.com/En_index.html?chlang=&langid=2
Licenses

Licensed Entity:BK FOREX LTD

License No. 548743

Keywords 6
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk
This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5
Genealogy
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Company Summary
Comment

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Genealogy

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Relevant Enterprises

B K FOREX LLP(India)
India
B K FOREX LLP(India)
Active
India
Registration No. AAR-3400
Established
Related sources Website Announcement

Company Summary

Is BK Forex a Scam?

  • Scam Brokers List

BK Forex has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme. Please be aware of the scam domains as follows: https://www.bk-forex.com/En_index.html

  • Regulatory Concerns

BK Forex claims to be regulated by the Financial Conduct Authority and holds a United Kingdom payment license. But it's worth noticing that this license is suspected to be a fake clone.

Suspicious clone FCA license
  • Scam Exposure

On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

User Exposure on WikiFX

As of now, there were 2 pieces of Cooper Markets exposure in total.

Exposure 1. Fraud broker

ClassificationScam
Date 2023-04-17
Post CountryIsrael

The user said he was asked to double the deposit and refused to withdraw his money. You may visit: https://www.wikifx.com/en/comments/detail/Co202304174351846339.html

Exposure 2. Harassment

ClassificationHarassment
Date 2023-02-23
Post CountryUnited States

The user said she constantly gets calls and emails from the company until she has to “screw” with them to stop them from harassing her. You may visit: https://www.wikifx.com/en/comments/detail/Co202302234001859007.html

  • Domain Information

BK Forex was registered on 2022-06-12 but has expired on 2024-06-12. That's why we can't access their official site currently. It a very dangerous signal that BK Forex may have absconded and if you have deposited money here, you may have no way to withdraw...

Scam Disclosure

Keywords

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Suspicious Overrun
  • High potential risk
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