ARK Global Ltd is a forex broker that was officially registered on November 29, 2021. The company primarily offers financial trading services, including forex, indices, metals, cryptocurrencies, and energy, to users. The corporate headquarters address has not been disclosed, and the broker does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to publicly available information on its official website, Ark Global Ltd is located in Saint Vincent and the Grenadines. A search on the Financial Services Authority (SVGFSA) official website revealed the existence of a corporate entity with the same name as the broker. This entity was registered on November 30, 2021, with a registration number of 26555.
The SVGFSA does not regulate, monitor, supervise, or license business companies (BC) engaged in forex trading or brokerage activities. Its regulatory scope is limited to ensuring BCs comply with the obligations specified in the revised laws of Saint Vincent and the Grenadines Chapter 149, the Business Companies (Amendment and Consolidation) Act of 2009.
Account Opening:
As of December 12, 2023, the broker's system is undergoing maintenance, and account registration is currently unavailable.
Account Types:
ARK Global Ltd provides users with a demo trading account and three different types of real trading accounts: PRO ACCOUNT, ELITE ACCOUNT, and ECN ACCOUNT.
PRO ACCOUNT: This account offers spreads starting from 1.5 points, a maximum trading leverage of 1:500, and a minimum trading volume of 0.01 lots.
ELITE ACCOUNT: This account offers spreads starting from 1.0 point, a maximum trading leverage of 1:500, and a minimum trading volume of 0.01 lots.
ECN ACCOUNT: This account offers spreads starting from 0 points, a maximum trading leverage of 1:500, and a minimum trading volume of 0.01 lots.
Trading Platform:
ARK Global Ltd provides users with the MT5 trading platform, available on both mobile and desktop.
Deposits and Withdrawals:
The broker has not disclosed the supported methods for deposits and withdrawals on its official website.
Contact Information:
Users can contact ARK Global Ltd for customer support services through phone at +44-752-066-5502, email at support@ark-fx.com, and real-time chat on the broker's official website.
Summary:
Traderknows advises investors that ARK Global Ltd lacks authorization and effective regulation from any official financial regulatory authority in any jurisdiction. Investors are recommended to stay away from this platform when choosing a trading platform and opt for platforms with transparent registration and regulatory information and a good reputation to avoid unnecessary financial losses.
As of now, this broker is flagged as "suspected fraud" on Traderknows.
