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/10

SVK Markets

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.svkmarkets.desinian.co.uk/

Website

Rating Index

Contact

+44 (0) 207 073 7893
http://www.svkmarkets.desinian.co.uk/
125 Old Broad Street London EC2N 1AR UNITED KINGDOM

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
SVK Capital Management UK Ltd.
Abbreviation
SVK Markets
Employees
--
Email
enquiries@svkmarkets.com
Contact Number
+4402070737893
Address
125 Old Broad Street London EC2N 1AR UNITED KINGDOM
About Us
Wiki Q&A
Comment

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Company Profile

Company Profile

Review summary

BASIC INFORMATION:

SVK Markets is a broker offering day trading on a wide range of assets, including forex, CFDs and commodities. The brokerage offers a choice of proprietary software and MT4, both available on mobile devices. SVK Markets also offers online spread betting.

REGULATORY INFROMATION: LICENSE

SVK Markets claims that it is authorized and regulated by the UK Financial Conduct Authority (FCA) under registration number 616032. However, this license was verified to be a clone one.

MARKETS

SVK Markets offers a range of tradeable instruments, beyond the selection seen at most established providers:

· Forex – trade on over 330 major, minor and exotic forex pairs including EUR/USD, AUD/USD and USD/JPY

· Shares & indices – trade on major global indices such as UK 100, Germany 30 and France 40

· Commodities – speculate on softs, grains and energy such as oil

· Metals – trade precious metals including gold, silver and platinum

· Options – diversify your portfolio with straightforward options

· Interest rates – explore a variety of UK and EU interest rates

· Bonds – buy and sell US bonds, Euro Bunds and T-Bonds

TRADING FEES

Forex spreads begin at 0.5 pips for EUR/USD, gold spreads at 0.3 points and options from 4.0 points. Commission fees are only charged on CFDs shares.

LEVERAGE

Up to 1:30 leverage is available when trading major forex pairs, 1:20 leverage is available when trading minors and the cap when trading commodities is 1:10. Leverage levels can be amended upon request and the current ratios are in line with FCA regulations. Global traders may also have access to leverage up to 1:200.

ACCOUNT TYPES

SVK Markets offers one live account. Users are able to trade the full range of forex, CFD and spread betting products. The minimum deposit is $100 and position sizes start from 0.01 lots. Flexible leverage is offered up to 1:200 for international traders.

DEPOSITS & WITHDRAWALS

SVK Markets accepts payment via bank wire transfer, credit or debit card. The broker does not charge deposit or withdrawal fees. Deposits are usually processed the same day while withdrawals can take longer as identity documents may need to be verified. The minimum deposit at SVK Markets is $100.

DEMO ACCOUNT

SVK Markets offers a free demo account. Credited with virtual funds, clients can try out one of the brokers bespoke software solutions or test a strategy before risking real money.

TRADING PLATFORMS

· Meta Trader 4

TRADING HOURS

The hours in which you can, or should trade, are dependent on the individual asset and market. SVK Markets follows standard trading hours, so 24/5 Monday to Friday for forex.

CUSTOMER SUPPORT

To access customer support, head to the Contact us tab on the brokers website. Support is available via:

· Phone – +44 (0) 207 073 7893

· Email – enquiries@svkmarkets.com

· Live chat – logo on the website (Monday to Friday)

· Address – 125 Old Broad Street, London, EC2N 1AR

ACCEPTED COUNTRIES

SVK Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use SVK Markets from United States

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with SVK Markets?

Yes. According to WikiFX data, SVK Markets has been assigned a score of 1.57, indicating a high-risk profile primarily due to the complete absence of verifiable regulatory oversight, which is a critical security factor for traders.

04-02
United States

Is SVK Markets regulated?

No. SVK Markets, operating as SVK Capital Management UK Ltd., does not hold any valid forex trading licenses. While it is registered in the United Kingdom and a license is listed, its FCA status is shown as 'Unverified', effectively meaning it operates without any credible financial supervision.

04-02
United States

When was SVK Markets established?

SVK Markets has been operating for 5-10 years, according to its business profile.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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