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K.O.K Markets

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Operating status: SCAM

Website: https://kokmarkets.com/

Broker violations and abnormal records
  • 2023-08-23 BrokersView has reviewed that K.O.K Markets is an unregulated broker

    The website of K.O.K Markets is down, suggest significant issues with the broker's reliability and resources.

    According to BrokersView's records, K.O.K Markets was only registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, it is crucial to note that the SVG FSA has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisidiction. Therefore, K.O.K Markets remains unsupervised.

    In essence, K.O.K Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. 

    K.O.K Markets is unequivocally a scam.

    The website of K.O.K Markets is down, suggest significant issues with the broker's reliability and resources.According to BrokersView's records, K.O.K Markets was only registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, it is crucial to note that the SVG FSA has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisidiction. Therefore, K.O.K Markets remains unsupervised.In essence, K.O.K Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. K.O.K Markets is unequivocally a scam.

Related Complaints

Q&A

How many kinds of accounts do they offer? And how's the minimum deposit?

Joan Phils
Missoula
2023-06-27
ANSWER K.O.K Markets is an unregulated broker that we advise against trading with, despite the seemingly attractive deals it offers.K.O.K Markets claims to be under registered number 26382 BC 2021, registered by the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). While it is true that we found matching entries in the SVG FSA register, investors must bear in mind that the SVG FSA has explicitly stated that it neither issues licenses for forex trading or brokerage, nor does it regulate entities involved in such activities. As such, K.O.K Markets remains unsupervised by the offshore financial watchdog.Regarding your question, we strongly suggest you exercise extreme caution and avoid K.O.K Markets. It is operating outside the regulatory framework, posing significant risks to investors' funds and personal information, as there are legal protections in place to safeguard investors' interests. Therefore, investors are encouraged to stay away from unregulated brokers like K.O.K Markets and instead choose a fully regulated one to mitigate such risks.
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2 comments

Mohammed Biro
KokMarkets.com domain is for sale
2023-08-24
Reply
Augustine Later
Getting paid is becoming increasingly troublesome. Too few trading varieties
2022-07-18
Reply
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