Brokers  /  Bkquote

Bkquote

High riskForex / CFD broker
🇱🇨 Saint Lucia · < 1 year · since 2025-09-20 · Bkquote Global Market Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.19/10
Trustpilot/5
Forex Peace Army/5
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No sign that Bkquote actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
60
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 10 months old
  • Registered in Saint Lucia (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBkquote Global Market Limited
Headquarters🇱🇨 Saint Lucia
Founded2025-09-20
Years operating< 1 year
Employees0
Official websitebkquote.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods3 · Bank, transfer, USDT
Withdrawal methods1 methods
Instruments--
Registered address
The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
BK10+--$50----
Standard--$10from 2.0--
RAW--$500from 0.0$9 per lot

Review analysis AI

Bkquote is an unregistered broker operating from Saint Lucia with no oversight from major financial regulators. While its platform and account offerings appear legitimate, the lack of transparency on leverage and conflicting minimum deposit information for the RAW account warrant caution. FXCanary's elevated scam risk score of 60/100 reflects these concerns, and traders should exercise heightened due diligence.

Best for
  • Low minimum deposit traders
  • Traders seeking no-KYC access
  • cTrader platform users
  • Crypto CFD enthusiasts
Not for
  • Regulation-sensitive traders
  • High-leverage forex traders
  • Traders needing RAW account with $500 deposit (actual may be $10k)
  • Long-term investors seeking share ownership
Period:

Real user reviews

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What Bkquote says about itself as stated by the broker · not independently verified by FXCanary

Account Types

The broker claims to offer three account types: BK10+ with a minimum deposit of $50, Standard with $10, and RAW with $500. The RAW account is advertised as professional-grade with ECN execution, spreads from 0.0 pips, and a fixed commission of $9 per lot. According to the website, the RAW account requires a $10,000 minimum deposit, but the known facts state $500. The broker also claims to offer a free demo account.

Trading Platforms and Execution

Bkquote states it provides the cTrader platform with ultra-fast execution under 1 millisecond. The broker markets itself as offering direct execution with institutional liquidity, aiming to minimize slippage and provide tight spreads. It highlights no requotes and no hidden fees.

Instruments and Leverage

The broker claims to offer 500+ CFDs including forex, indices, metals, energies, shares, and cryptocurrencies. Leverage is advertised up to 1:100 for crypto and up to 1:20 for stocks. The website mentions 0.0-pip spreads on major forex pairs and crypto like Bitcoin and Ethereum. Spreads, commissions, and swap rates are said to be transparent with no hidden costs.

Deposits and Withdrawals

Bkquote states it accepts funding via cryptocurrency (USDT, BTC, ETH, TRX, AVAX) and international bank transfers in EUR, USD, and AED. The broker claims zero fees on its end, fast processing, and same-day withdrawals. Client funds are reportedly held in segregated accounts, according to the website.

Regulation and Security

The broker claims to be registered in Saint Lucia under Bkquote Global Market Limited (registration number 2025-00089). The website states it operates as a crypto asset exchange in addition to CFD trading. Bkquote also markets itself as providing maximum security and privacy, with no mandatory KYC for account opening. It notes that trading CFDs carries significant risk.

About Bkquote

Company Overview

Bkquote is an online trading broker registered in Saint Lucia, operating under the entity Bkquote Global Market Limited (registration number 2025-00089). The company was founded in September 2025 and provides retail forex and CFD trading services. Its registered address is The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.

Bkquote positions itself as a next-generation broker focused on innovation and transparency. The broker offers a multi-asset platform that includes forex, indices, commodities, cryptocurrencies, and shares. While the broker has a modern website and social media presence on Facebook, Instagram, and YouTube, it does not hold any regulatory license from a major financial authority.

Account Types and Minimum Deposits

Bkquote offers three live account types: BK10+ with a $50 minimum deposit, Standard with $10, and RAW with $500 minimum deposit. The RAW account is marketed toward professional traders and scalpers, featuring ECN-style execution with spreads from 0.0 pips and a fixed commission of $9 per lot. The broker also provides a free demo account for practice.

The minimum deposit requirements are relatively low compared to industry averages, particularly for the Standard account. This makes the broker accessible to novice traders with limited capital. However, the RAW account's actual requirements may vary; industry databases show a $10,000 minimum for RAW, which is inconsistent with the known facts.

Trading Platforms

Bkquote claims to offer the cTrader platform, known for its fast execution and user-friendly interface. The broker emphasizes millisecond execution speeds and direct access to institutional liquidity. cTrader is a popular platform among professional traders for its advanced charting tools and algorithmic trading capabilities.

The choice of cTrader suggests that Bkquote targets both retail and professional traders who value performance and transparency. No mention of MetaTrader or other platforms was found on the website. The broker also promotes mobile trading and web-based access.

Trading Instruments

Bkquote offers a diverse range of tradable instruments including over 500 CFDs. Forex pairs are available with spreads starting from 0.0 pips, along with indices, metals, energies, and shares. Cryptocurrency CFDs are a significant focus, with over 250 digital assets including Bitcoin, Ethereum, and altcoins.

The broker also provides stock CFDs on major US companies like Apple, Microsoft, and Tesla. Leverage varies by asset class: up to 1:100 for crypto, 1:20 for stocks, and unspecified leverage for forex. The broker does not disclose maximum leverage for forex in the available data, which is a point of caution.

Funding and Withdrawals

Bkquote supports funding through cryptocurrencies (USDT, BTC, ETH, TRX, AVAX) and international bank transfers in EUR, USD, and AED. The broker claims zero internal fees on deposits and withdrawals, with same-day processing. Client funds are reportedly held in segregated accounts.

The broker also advertises no mandatory KYC for account opening, which allows for faster registration but raises concerns about compliance with anti-money laundering standards. Withdrawal times are stated to be fast, with some users reporting same-day withdrawals on the website's testimonials.

Target Audience and Suitability

Bkquote appears to target a global retail audience, particularly traders who prefer cryptocurrency funding and minimal identity verification. The low minimum deposit and no-KYC policy may attract traders in regions with restricted access to traditional brokers. The availability of a RAW account also caters to professional and high-volume traders.

However, the lack of regulatory oversight from a Tier-1 authority increases risk. Traders should be aware that Saint Lucia registration does not provide the same investor protections as FCA, CySEC, or ASIC regulation. The broker's high risk score from industry assessments underscores the need for due diligence.

Overview compiled by FXCanary from regulatory records and public data. full Bkquote review