CKExchange is a foreign exchange CFD broker based in San Francisco, USA, established in 2022. As a private company, it is registered in the USA. The broker offers financial derivative trading services such as forex and cryptocurrency CFDs.
Company Background:
CKExchange, established in 2022, is a private company headquartered in San Francisco, USA, with its specific office address at 663 Natoma St San Francisco, CA 94103 United States. The company is a forex CFD broker dedicated to providing traders with trading services in financial derivatives like forex and cryptocurrencies. Its website domain was registered on June 16, 2022.
Regulatory Status:
As an unregulated broker, CKExchange operates without the oversight and scrutiny provided by regulatory authorities. Typically, the presence of regulatory bodies can offer a certain degree of protection to investors, such as supervising the broker's funds safety, transparency, and compliance to safeguard investors' interests. Therefore, investors should exercise caution with unregulated brokers and carefully assess the risks to avoid falling victim to scams. Choosing a regulated broker could be more beneficial in protecting investors' funds and rights.
Trading Products:
CKExchange offers a variety of trading products, including forex and cryptocurrency CFDs.
Forex trading refers to the activity where investors profit from buying and selling currencies of different countries. Cryptocurrency trading involves buying and selling digital currencies based on cryptographic technology. CKExchange provides a range of mainstream and emerging cryptocurrency trading pairs, such as Bitcoin, Ethereum, Litecoin, etc.
For each trading product, CKExchange does not provide a detailed trading schedule, making it inconvenient for investors to know when they can trade. Before trading, investors should familiarize themselves with the characteristics and market rules of each product and understand the related trading hours and risk warnings.
Account Types:
CKExchange offers various account types, including BRONZE, SILVER, GOLD, and PLATINUM.
The BRONZE account requires a minimum deposit of $800, offering a 1:300 leverage ratio, starting from a 3.3 pip spread, and providing real-time chart support. The SILVER account requires a minimum deposit of $1,200, offering a 1:500 leverage ratio, similar spread to the BRONZE account, and real-time chart support. The GOLD account requires a minimum deposit of $1,700, offering a 1:700 leverage ratio, along with lower spreads and real-time chart support. The highest tier, the PLATINUM account, requires a minimum deposit of $2,000, offering a 1:1000 leverage ratio, lower spreads, and like other account types, real-time chart support.
Account Opening Process:
Opening a trading account with CKExchange is relatively simple. Just visit the broker's official website, click on the registration link, fill in personal information, select the desired account type, agree to the terms, and submit the application. After the account team approves, users will receive account login information, then can log in and start trading.
Trading Software:
Although CKExchange's website provides information about trading products and account types, it does not specify the trading software used. Mainstream trading platforms usually offer investors trading software like MT4 or MT5.
Customer Support:
CKExchange emphasizes that customers are its top priority, offering customer support through phone, email, and a physical address to ensure clients receive timely help and support during their trading journey.
Conclusion:
CKExchange is an unregulated broker whose forex and cryptocurrency CFD trading services are also unmonitored. The broker's website lacks transparency, with details on trading software, trading hours, and the registered address not being disclosed. Investors considering CKExchange for trading should remain vigilant and are advised to choose more trustworthy trading platforms.
Currently, CKExchange is marked as "suspected of fraud" on Traderknows.
