CHIKANGWEALTH（Chinese name：馳康財富） is a contract for difference (CFD) broker whose official website domain was registered on September 11, 2023. The company primarily provides investment services for trading markets such as forex, precious metals, crude oil, and indices. However, it does not offer services to countries or regions where such services might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the official website of CHIKANGWEALTH (www.ckcfnk.com), the site does not disclose registration information or corresponding regulatory details of its company entity. Furthermore, the website lacks essential legal documents such as terms of service, privacy policy, and risk disclosure, presenting potential legal risks. Investors should exercise caution when cooperating with this company.
In the financial markets, compliance and transparency are crucial factors for investors when choosing a broker. Companies lacking transparency may pose risks to fund safety and transaction fairness. Since CHIKANGWEALTH does not provide clear registration and regulatory information, investors should carefully consider these factors before choosing this platform.
Trading Instruments
CHIKANGWEALTH offers trading in a variety of financial derivatives, including forex, precious metals, crude oil, and indices.
- Forex: Involves the exchange of currencies from different countries, which is one of the largest financial markets globally. Investors can trade various currency pairs, with common ones including EUR/USD and GBP/USD.
- Precious Metals: Typically refer to gold, silver, platinum, and palladium. These metals are often used as safe-haven assets due to their rarity and value preservation, particularly in times of market volatility.
- Crude Oil: As one of the world's most vital energy sources, crude oil prices fluctuate due to supply and demand dynamics and geopolitical factors. Investors usually trade crude oil through futures contracts or CFDs.
- Indices: Indices measure the performance of a group of stocks. Common indices include the S&P 500, NASDAQ, and Dow Jones Industrial Average. Index trading generally reflects the performance of the overall market or specific industries.
Account Opening
To open an account with CHIKANGWEALTH, click the "Register" button on the homepage to enter the account registration page. However, the redirected page fails to load, preventing the normal registration process.
Account Types
CHIKANGWEALTH's official website does not publicly disclose key trading parameters such as spreads, leverage, and contract size. The platform also lacks detailed information regarding account types, trading commissions, minimum/maximum trade sizes, maximum positions/order sizes, margin call/stop-out levels, and minimum price increments, making the website relatively opaque.
Trading Platform
According to CHIKANGWEALTH's official website, the company provides the MT4 trading platform for users. However, the download links provided for both the PC and mobile versions fail to redirect to the relevant pages.
Deposits and Withdrawals
CHIKANGWEALTH does not clearly disclose the supported deposit and withdrawal methods, associated fees, or minimum deposit/withdrawal amounts on its official website.
Conclusion
Traderknows alerts investors that Chi Kang Wealth (www.ckcfnk.com) lacks sufficient information on its corporate entity and regulatory status. The website's information is not transparent, and its construction is incomplete. Furthermore, the contact options provided by the site are limited to email only. Due to these issues, investors are advised to choose brokers that are transparent, strictly regulated, and reputable to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
