CKfx - CKfx Forex Broker Review Ireland
Upon reaching the homepage of CKfx, the viewer is struck by how simple it is. And that is how they approach the business, by keeping things as simple as possible for the client.
Ckfx is actually an introducing broker for their parent company, Forexyard. Funds are transfered through a wire transfer or by credit card. Visa, Mastercard as well as American Express are accepted.
Withdrawal of funds are reasonably quick, taking only 5 days. They offer two types of forex trading platforms for their customers, a Java based platform or a downloaded platform.
It is functional enough, with most of the tools necessary present. Commodity trading is also offered. Gold and silver can be traded.
Ckfx supports nine major language. They are English, French, Italian, Dutch, Spanish, Arabic, Finnish, Swedish and German.
The spreads offered are reasonable for all their currency pairs. 30 different currency pairs are offered to clients that sign up with CKfx.
Their super mini account can be had with as little as a $100 deposit. Leverage offered is reasonable with a maximum leverage of 200:1 offered. Unfortunately, they charge a fee for deposits and withdrawals on the super mini account.
Support is available twenty four hours a day through live chat, email or by the telephone. However, they are not forthcoming in admitting that they are an introducing broker for Forexyard. Perhaps they prefer to distance themselves from Forexyard and want to be viewed as a stand alone forex broker. But the truth is, they are not.
CKfx is regulated in Europe and their physical company is located in Cyprus. They have very good deals for new traders. Clients that trade on a demo account are able to transfer their winnings to their live account upon approval.
However, this promotion is only offered if the client has made more than 20 trades on their free forex demo account as well as opening 500 trades or more on their live account for a period of 3 months.
Simply put, that is an incredible promotion. CKfx is a steady forex broker that has a smaller market share in the industry.
But they are hoping to change all that with their aggressive promotions.