BKS Markets (bksfintech.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bksfintech.com.
If you are reading this considering BKS Markets (bksfintech.com) - run. I wish I had read more negative reviews after a friend recommended them. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Economic calendar|Regular platform improvements|Excellent charting|Personal attention
Cons: Onboarding videos are outdated|Wish they had more educational resources
BKS Markets (bksfintech.com) locked my account without warning and demanded documents I had already submitted. since mid-2025 later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Instant funding|Professional team
Cons: Search feature is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. BKS Markets (bksfintech.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Tax reports included|Social trading features|Quick verification|Customizable dashboard
Cons: Currency conversion fee exists
The onboarding at BKS Markets (bksfintech.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Real-time alerts|Professional team|Educational resources
Cons: Alert system is basic
I trusted BKS Markets (bksfintech.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Regular updates|Customizable dashboard
Cons: Limited demo account features
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. BKS Markets (bksfintech.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Easy to use platform|API access|Easy withdrawals
Cons: Website design could be more modern
The hidden fees at BKS Markets (bksfintech.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Tax reports included|Clear documentation|Responsive team|Two-factor authentication
Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods
I gave BKS Markets (bksfintech.com) a fair chance. After since last summer of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Portfolio tracking tools|Responsive team|Dividend tracking|Comprehensive tools
Cons: Onboarding videos are outdated
I closed a profitable position at BKS Markets (bksfintech.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multiple order types|Portfolio tracking tools
Cons: Limited cryptocurrency options|Withdrawal takes 1-2 business days
I wanted to transfer my portfolio from another broker to BKS Markets (bksfintech.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Copy trading available|Stable platform
Cons: Account statements could be more detailed|Limited social trading features