CKRTY is a forex broker officially registered on March 25, 2024. This broker primarily offers users access to various trading markets, including forex, metals, commodities, and indices, through its proprietary trading platform and does not operate in the United States, Iran, and North Korea, among other places.
Company Registration Information and Regulatory Status:
According to public information on CKRTY's official website, its business entity is CKRTY Limited. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), with license numbers 296805 and 700455, respectively. Additionally, CKRTY is a registered member of THE FINANCIAL COMMISSION.
Upon verification, the ASIC's official website shows that license number 296805 corresponds to the business entity DLS MARKETS (AUST) PTY LTD, while the VFSC's official website reveals the license number 700455 belongs to DLS MARKETS LIMITED. Additionally, THE FINANCIAL COMMISSION's website does not list CKRTY as a registered member, but DLS MARKETS is listed as a member. Hence, it is confirmed that CKRTY is a clone site of DLS MARKETS and operates as a fraudulent platform.
Furthermore, the "Terms and Conditions" section on the broker's website merely displays icons without actual documents, which contrasts with the genuine DLS MARKETS site where documents are accessible.
Opening an Account:
To open an account with CKRTY, visit the broker's website, click on “Open Account” to enter the registration page, provide a personal email address, set a login password, and submit. Once submitted, the account is successfully registered. Login is required to complete full KYC verification before depositing and trading.
Account Types:
CKRTY offers users two different types of real trading accounts: STANDARD ACCOUNT and ECN ACCOUNT.
STANDARD ACCOUNT
- Minimum deposit amount: $200
- Spreads from: 1.0 pips
- Maximum trading leverage: 1:500
- Trading commission: $0
ECN ACCOUNT
- Minimum deposit amount: $200
- Spreads from: 0 pips
- Maximum trading leverage: 1:500
- Trading commission: $6 per round trade
Trading Platform:
CKRTY claims to offer the MT4 trading platform on its website, but in reality, it uses a proprietary trading platform, and the broker is not listed on MT4.
Deposits and Withdrawals:
CKRTY supports deposits and withdrawals using credit/debit cards, e-wallets, and bank wire transfers.
Conclusion:
Traderknows reminds investors that CKRTY is a fraudulent website of the shell broker DLS MARKETS. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for their investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected fraud" on Traderknows.
