ARK IM Global Ltd is a forex broker that was officially registered on September 5, 2023. The company primarily offers forex trading services to investors, but its corporate headquarters address has not been disclosed. 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 IM Global Ltd is registered with the National Futures Association (NFA) in the United States, with NFA ID 0559397. However, the broker's corporate entity registration information is not disclosed on the official website.
Upon verification, it was found that the corporate entity with NFA ID 0559397 is ARK GLOBAL LTD, not ARK IM Global Ltd. The former is a non-member registration unit with NFA and is not under NFA regulation.
Account Opening:
ARK IM Global Ltd's account opening process involves visiting the broker's official website, clicking on the "Customer Support" section, selecting "Login Account," and entering the registration page. Users need to fill out the registration application and submit it. After submission, the broker will email the account and password to the email address provided by the user. It's worth noting that a promotional code must be filled in the registration application, a requirement that is not common among regular brokers.
Account Types:
The broker's official website does not disclose information about the types of accounts it offers. Spreads and margins may vary for different products, and trading hours are from Monday 06:00 to Saturday 06:00.
Trading Platform:
ARK IM Global Ltd provides a proprietary trading platform, which is only available in a web-based version.
Deposits and Withdrawals:
The broker only supports user deposits and withdrawals through bank transfers.
Contact Information:
Users can only contact the broker via email at [email protected] to obtain customer support services.
Summary:
Traderknows advises investors that ARK IM Global Ltd has unclear corporate registration information, lacks authorization and effective regulation from any official financial regulatory authority in any jurisdiction, has limited contact options, and has unique account opening requirements compared to regular brokers. 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.
