Ok247Trade Review
25
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About Ok247Trade
Ok247Trade does not appear to hold any licence or authorisation from established financial regulators; searches on the UK’s Companies House and Germany’s Commercial Register reveal no registered company by that name (). WikiFX reports "No valid regulatory information" for Ok247Trade and assigns it a low safety score ().
The broker’s website claims operations “based in Germany” with a contact address in London and solicits users to trade via digital currency, but provides no verifiable corporate registration details (). Analysis by TraderKnows flags Ok247Trade as a “suspected scam” mimicking IC Markets, noting copied web design and lack of transparency ().
User testimonials also raise concern: one Redditor reported being pressured to pay withdrawal commissions and taxes before accessing supposed profits, an often-seen scam pattern (). Additionally, BrokersView includes Ok247Trade in a Q&A weekly review as "a dubious trading website not regulated by any financial authorities" ().
Pros and cons
Cons
- No regulation or licencing found in the UK or Germany registers ().
- Website design apparently cloned from a regulated broker, suggesting impersonation risk ().
- Reports of withdrawal traps and demands for upfront fees like “commission” or “taxes” ().
- Identified by TraderKnows and BrokersView as “suspected scam” and “dubious” respectively ().
