Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Scam Warning: SFC Added Dakras Markets to Its Alert List
Abstract：Offering misleading information is a common tactic used by fraudulent brokers. It seems to be very reliable if you take a very quick glance at the statements the fraud shows on its page.
False Company Foundation Year
Dakras Markets introduces that it is a a financial service provider that provides investors with online trading services for financial derivatives such as forex, precious metal, and GFDS CFD, starting its history in 2002. But domain check result shows it was exclusively created in late 2020. It is a red flag here.
Only Registered in the UK Companies House
Headquartered in the UK, Dakras Markets is only registered in the UK Companies House(company number: 12961125).
However, the House doesnt regulate any forex activities of UK companies, it is the Financial Conduct Authority (FCA) that supervises currency activities in the UK market. And when we searched on the FCA registry, we found no registration results. That means it is an unlicensed UK-based forex broker.
SFC Added the Company to Its Alert List
What's more, On 12 Mar 2021, the the Securities And Futures Commission(SFC) in Hong Kong added Dakras Markets into its Alert List, saying the companys Hong Kong address is invalid and it is an unlicensed entity.
Based on the above information, we can conclude that Dakras Markets is a scam.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long
Short
Slippage
Leverage
Indicator
Quoted currency
Roll-Over
US Non-farm Payrolls
Broker
Clearing
Commission
Currency Pair
Dealer
Future
Inflation
Arbitrage
Spot Market
Spot Price
Contract
Interest
Net Position
Devaluation
BOE
PBOC
Volume
Liquidity
Margin
knowledge
Learn basic forex
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex market
forex beginners
FSCA
monetary policy
mortgage-backed securities
interest rates
inflationary
Non-farm payrolls
Ramadan
Stock
Read more
Russian crypto millionaire couple found dismembered and buried in Dubai desert
A gruesome case has emerged involving a Russian couple living in the United Arab Emirates who went missing in early October and whose remains were recently discovered in a desert near Dubai. Roman Novak, a self-styled cryptocurrency “millionaire”, and his wife Anna had last been seen travelling to a supposed investor meeting in the UAE, but according to investigators were instead abducted and murdered after a ransom plot failed.
Original 1m
Webull Introduces AI-Powered Decision Partner “Vega” to Elevate Investor Intelligence
An online investment platform named Webull, has unveiled Vega, the next evolution of its AI-powered decision partner, designed to deliver deeper, personalized insights that help investors navigate the ever-changing financial markets with confidence.
Original 1m
Moomoo Singapore Opens Investor Boutiques to Strengthen Community
Moomoo Singapore launches boutique stores, blending digital brokerage with investor education and community engagement across the island.
Original 1m
Admirals Group Reshapes Global Strategy with UAE Exit
Admirals Group cancels UAE license and sells its Australian unit, while AMTS Solutions gains independence—reshaping broker industry dynamics.
Original 41m
WikiFX Broker
Latest News
BASF CEO: EU CO₂ Trading Is A "Destruction Mechanism" For European Industry
WikiFXIs Fyntura a Regulated Broker? A Complete 2025 Broker Review
WikiFXZetradex Exposed: Withdrawal Denials, Account Freeze & Bonus Issues Hurt Traders
WikiFXIs Forex Zone Trading Regulated and Licensed?
WikiFXPINAKINE Broker India Review 2025: A Complete Guide to Safety and Services
WikiFXExness Restricted Countries List 2025 Explained
WikiFXIs Uniglobe Markets Legit? A 2025 Simple Guide to Its Safety, Services, and User Warnings
WikiFXIs Inzo Broker Safe or a Scam? An Evidence-Based Analysis for Traders
WikiFXWikiEXPO Dubai 2025 “Welcome Party” Kicks Off Tonight!
WikiFXHe Trusted a WhatsApp Group and Lost RM659,000
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate