Score

1.19 /10
Danger

FBK Markets

South Africa

1-2 years

Suspicious Regulatory License

Non MT4/5 Software

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Influence

B

Better than 64.2% brokers
Open Account
Website

Score

License Index0.00

Business Index4.51

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

Influence

B

Better than 64.2% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+27 (0)87 702 9234

Broker Information

More

Company Name

FBK Markets SA (Pty) Ltd

Company Abbreviation

FBK Markets

Platform registered country and region

South Africa

Company website

Twitter

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2022-10-04
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

WikiFX Verification

News

NewsForex Broker Killer: Is it a Scam?

DJ Coach Tsekeleke has received several positive reviews. However, it is difficult to discover a research that does not appear to be staged. The majority of the reviews are fraudulent and untrustworthy, according to traders.

WikiFX
2022-08-29 19:35
Forex Broker Killer: Is it a Scam?

NewsWho is Kgopotso Mmutlane? Forex Broker Killer

Kgopotso Mmutlane, also known as DJ Coach Tsekeleke, is a young millionaire who is notorious for flaunting his affluent lifestyle on social media platforms by displaying his costly automobiles, luxurious homes, and large sums of money.

WikiFX
2022-08-18 17:57
Who is Kgopotso Mmutlane? Forex Broker Killer

ExposureWikiFX Review: Is it worthwhile to invest in FBK Markets?

Is FBK Markets a reliable broker? For more information about FBK Markets and their offer please check the following WikiFX review.

WikiFX
2022-08-08 11:02
WikiFX Review: Is it worthwhile to invest in FBK Markets?

NewsCURRENT STATE OF THE SOUTH AFRICAN FOREX INDUSTRY

With South Africa quickly emerging as a big global player in the forex industry, boating trading volumes that exceed $21 billion in recent years, South Africa has quickly become the African hub for forex traders and brokers but even with the FSCA in place, unsavory elements still manage to find its way to the surface, here we look at the good, the bad and the ugly of the South African market.

WikiFX
2022-05-20 19:07
CURRENT STATE OF THE SOUTH AFRICAN FOREX INDUSTRY

NewsLoad shedding, floods, reduced global economy, and the war in Ukraine have all harmed the Rand

As a result of the breakdown of two more generating units yesterday, Eskom increased its rotating power cuts to Stage 4, extending load shedding until Friday morning. In the best-case scenario, the power utility predicted 37 days of load shedding, but the worst-case scenario could see the country without electricity for 100 days this winter. Load shedding is expected to cost the South African economy R500 million per stage a day in 2022, as economic activity comes to a halt during power outages.

WikiFX
2022-05-20 13:44
Load shedding, floods, reduced global economy, and the war in Ukraine have all harmed the Rand

NewsHow to win big in the forex market: A guide for South African traders

To win big in the forex market, the trader must first learn how to trade. Only good traders can hope to benefit from the forex market. Proper Knowledge of the market structure remains the greatest secret of successful forex traders.

WikiFX
2022-05-18 16:42
How to win big in the forex market: A guide for South African traders

NewsForex bank transactions are likely to get easier, thanks to decreasing costs and 24/7 access.

The establishment of South Africa's first real-time currency bank account addresses the dual issues of lower transaction fees and 24/7 visibility and access.

WikiFX
2022-05-13 16:21
Forex bank transactions are likely to get easier, thanks to decreasing costs and 24/7 access.

NewsIs Forex Trading an Investment package for South Africans?

Forex trading is no doubt an investment package that comes with the greatest risk. The risks are often so high that the trader could lose his entire capital if not controlled. Forex trading could be less risky if the trader indulges in spot trading. But with proper knowledge of the market structure, a trader could be to make good profits from his investments in Forex.

WikiFX
2022-05-09 15:16
Is Forex Trading an Investment package for South Africans?
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