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CK Markets (CKMarkets) is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
CK Markets accepts clients from all over the world, excluding USA, EEA countries, Afghanistan, American Samoa, Belize, Guam, Indonesia, Iran, North Korea, Puerto Rico, Russia, Sudan, Siria.
Forex broker offers the following underlying assets for trading.
| 60+ Currency Pairs | Based on major and minor world currencies. |
| 4 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin. |
| 16 Indice CFDs | Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index. |
| 4 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 25+ Stock CFDs | Based on shares of leading US companies. |
CK Markets is an offshore and unregulated forex broker with a corporate entity set up in Saint Vincent and the Grenadines. The broker offers extremely high trading leverage, a large selection of tradable instruments, and access to the classic trading platform MetaTrader 4 (MT4).
One thing to note about CK Markets is that the broker seems to have a strong focus on the South East Asian market. For instance, it currently offers a deposit bonus of 30% that is only available to clients from Malaysia, Singapore, Brunei and Thailand, with up to $1,000 paid out to account holders from these countries depending on the size of their deposit. In addition, local funding methods are only accepted from selected countries in South East Asia.
CK Markets, which on its website calls itself the “market leader in retail forex,” claims to have over 1.5 million clients worldwide. Unfortunately, there is no way to verify this claim, and it should therefore probably be taken with a grain of salt. Despite that, there is no doubt that the broker's offering is strong, with high trading leverage and generally tight spreads.
In terms of tradable assets, CK Markets offer more than 60 forex pairs, some 16 major stock indices, stocks from more than 25 US-listed companies, the cryptocurrencies Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC), as well as a handful of the most traded commodities.
Like most forex brokers, CK Markets offers its clients the choice between several different account types. At the time of writing, the accounts offered by CK Markets were:
– Cent Account, with a $30 minimum deposit, spreads from 2.5 pips, and no commissions.
– Standard Account, with a $100 minimum deposit, spreads from 1.3 pips, and no commissions.
– ECN Account, with a $100 minimum deposit, spreads from 0 pips, and commissions of $3 per round turn per lot.
Accounts can be funded with Visa, MasterCard, Neteller, international bank transfer, and the cryptocurrency Tether (USDT). Additionally, local bank transfers to the broker are supported in Malaysia, Indonesia, Thailand, Vietnam, China, and Singapore. The broker does not charge commissions for accepting funds through any of the payment methods, and deposits are generally processed within 24 hours.
For any support needs, CK Markets' customer service team can be reached via phone, email and live chat. The broker states on its website that the team is available 24 hours a day on all trading days, which is something we obviously appreciate.
All in all, we consider CK Markets to be a strong player in the offshore forex broker space, with a competitive offering in terms of spreads, number of trading instruments, and leverage. It's also an added benefit in our view that the broker accepts crypto funding, which opens this broker up for clients who may not have access to traditional payment methods. One thing that is worth stressing, however, is that CK Markets is completely unregulated. As always, this comes with certain risks, and it is advisable for everyone to do proper due diligence before depositing any money.
