The online financial service provider operating under the website address http://forextk.com/ is suspected to be an illegal broker. Forextk claims to be a forex and CFDs trading platform but we have reasons to believe its one of the many fake websites
In our review, we will let you why you should avoid Forextk and in case you have been scammed by this firm file an official complaint with Mycharngeback who will guide you to recover your funds.
Forextk Review: unregulated
Almost all brokers providing online financial services must be regulated and licensed legally for them to offer such services. This is important specifically to offer protection to investors in case the broker goes bankrupt or has other unexpected risks.
Forextk has not given any legal documents to confirm their regulation furthermore they do not exist in any regulator register. The broker is offering financial services without a license thus its operations are illegal and we can’t trust them in offering such services
Unregulated brokers like Forextk are risky and if you dare invest with them you are most likely to lose your funds. We can’t make any income from this scam broker, avoid them otherwise your funds are or will not be safe.
Forextk is not regulated by any regulatory authority according to our investigation of the firm. The broker is lacking critical legal documentation and information regarding their regulation. Regulation is one of the fundamental standards to justify the reliability of a forex broker. Since Forextk is an unregulated broker, investing in this broker may cause financial loss as no one can hold them accountable if something goes wrong.
Why Forextk is a Scam but not
Firstly Forextk is an unregulated scam broker ready to disappear with your funds since it is operating illegally.The broker does not disclose the name of the owners and who does the day-to-day running of the firm.
The fact that this broker has remained unregulated anonymous and untrustworthy we can only believe it has done so deliberately to achieve its main aim of stealing from investors.
Forextk claims to be having an award-winning trading platform but on close inspection, we hardly find any such platform. They are offering services illegally and it is a trap to lure unsuspecting investors
The broker is offering Forex & CFDs online brokerage services at attractive terms only to achieve illegal acts. What a potential client sees from this platform is how to make easy money but those are traps.
Once the account is funded they use all available tricks and tactics to make sure you lose your investment. Finally, it is difficult to get any income from such a broker and it is difficult to recover your funds.
IGNORE THE RED FLAGS AT YOUR OWN RISK BE WISE
Withdrawing your funds
You should submit a withdrawal request urgently now since your funds are never safe with an unregulated broker. They will defiantly use all their tricks to discourage or block you from withdrawing.
Withdraws is an issue they are always full of traps that block your ability to withdraw your money. Needless to say, that a reliable broker will allow clients to withdraw their funds when they choose to, while making the withdrawal process transparent.
Unregulated brokers in many occasions they will delay the withdrawing process for months. Remember If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone forever.
It does not matter how often you remind them,you will not get them back. And if you signed the Managed Account Agreement which is basically authorizing them to do anything they want on your account. They will lose all your funds so there won’t be anything to request anymore.
How to recover your funds
If you have lost funds to this illegal site or they have made it difficult to get back your funds mychargeback will help.
Mychargeback is an internationally recognized dispute resolution firm with a team of experts. Experts experienceed in recovering scammed funds and have recovered millions for customers worldwide.
You will not be the first or last to lose funds to scammers be wise and start your recovery process.
We advise you to give the professional team at mychargeback the details of your scam and they help recover. You will not outsmart a scammer once you send money to his account it’s a done deal that’s why you need expert assistance to recover.
Conclusion on Forextk Review
It’s essential to comment on the above firm and denounce its activities if you are a victim. Help us prevent and avoid more people from being scammed by commenting and giving details of how it occurred.
In case the review is wrong, we allow the company to contact us and convince us otherwise about their activities. If we haven’t reviewed the company you’re interested in let us know and we’ll add them to the investigatory list.