Arzik Finance is not a licensed or regulated broker even though it states offers that look good to be true. Arzik Finance claims to be a trade name of Sun Hung Kai Forex Limited, registered with the Hongkong Securities And Futures Commission (HK SFC). However, we found no matching result to Sun Hung Kai Forex Limited or Arzik Finance in SFC.
Besides, Arzik Finance also claims to be located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). We did searching in FCA but only found this firm had already been warned by FCA for providing financial services without authorization. You can check the full warning from here.
The truth is, Arzik Finance is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Arzik Finance and trade with licensed brokers.
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