Broker Clark Financial review as of 2023
09 / 02 / 23
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Finding a Forex broker is not a problem, but finding a broker you can trust is far more complicated task. We are about to review Forex broker Clark Financial Ltd in order to find out how reliable it is and whether this company is worth trading with.
First things first, and before going deeper into details we should answer the most important question. It is as simple as following – is or isn’t Clark Financial a scammer? There are different approaches like checklists and other things of this kind. We would suggest paying attention to several key factors defining the risk of getting scammed by Clark Financial. Most of these fraud alert signs are seen clearly from the very beginning; the others need further investigation, so let's start with the easy ones.
Initial check: is or isn’t Clark Financial a scam?
What scammers usually do and what they don’t? The most obvious thing – scammers avoid publishing the company details like registration data, requisites, contacts, address etc., as much as possible. If you can’t find the brokerage’s registration number at least, just stop at this stage and look for some other company, it will be much safer. As we can see, Forex broker Clark Financial doesn’t disclose many details, but the key requisites are displayed on the main page, which is a positive sign.
After this stage we should examine the website in general. If we spent 5 minutes browsing it and still have no clue about what exactly company does, how it earns and what it has to offer, it is another sign that it would be better to leave the website for good. In our case a couple of minutes is enough to understand that Clark Financial is a Forex broker which also offers trading the other classes of assets through CFDs.
Then comes another phase – checking the payment methods Forex broker Clark Financial supports. The general idea is simple – the more methods brokerage supports, the more legit it is. The point is banks and payment systems do check their partners. So the long list of payment method suggests the company sustained a lot of these checks and tests. Or vice versa – deposits and withdrawals only in crypto could make us think that Clark Financial may use some scammer practices.
Not because we are against cryptocurrencies, of course, but because anybody can use it, and, unfortunately, scammers too. They are especially fond of crypto because it is impossible or almost impossible to roll the cryptocurrency transaction back, meanwhile the use of bank transfers and other conservative means of payment suggests more options in this regard.
- Company details
- Clear description of the business
- Variety of payment methods
Clark Financial: Forex and beyond
Since we are done with the initial check, we can now take a closer look at the company’s services. There are some red flags which can be found in this area, too. The most simple thing – huge bonuses for inviting friends or guarantees of any kind. The rule of thumb is very clear – bonuses in general are legit. But a trader earns on trading and not on bonuses for inviting new clients for the brokerage or on partnership programs or anything else of this kind (the names of the programs may vary). If we found something like this, we could suggest that Clark Financial is a scammer building a pyramid or Ponzi scheme. Fraudsters in general love these schemes and still use them. Old but gold, there are still more people ready to become the victims of these things than you can imagine.
Guarantees of any kind is a bit different thing, but it is also very simple – nobody can guarantee anything in trading. Therefore, promo campaigns like “bring us $50 and watch how we make $100 out of them” is rather a sign that you’ll never see your money back. Unlike scammers, Clark Financial even warns its potential clients that trading is a risky business and Forex is highly volatile market, where risks of losing the money are even higher.
And when we finally checked Clark Financial for key scam practices, we may focus on its business. The main thing to mention is that the brokerage offers not just Forex pairs. Despite being a Forex broker, Clark Financial offers its clients operations with other key classes of assets like commodities, indices or stocks. The other assets are available through CFDs, the advantages of each class are explained in details in corresponding sections. We would just say that combined portfolio made up of various assets seems to be one of the most reasonable policies available for traders, when advantages of different assets complement each other.
Forex broker Clark Financial can’t be called the most affordable one. The minimal deposit sum of $5000 suggests that it is rather focused on attracting the wealthy clients. That is something we should mention in our Clark Financial review in order not to give false hope to mass market traders, who usually operate much smaller amounts. But, of course, it doesn’t make Forex broker Clark Financial worse. It just means that the quantity of clients is not the company’s top priority.
- No unrealistic bonuses or extremely generous partnership programs
- No “guarantees”
- Multiple payment methods available and supported
Summary: would we recommend Clark Financial to Forex traders?
There is one more thing to do before answering the question above. We already have the impression of what Forex traders can expect from Clark Financial. But there is still a chance we are mistaken. In order to avoid the wrong conclusion in our Clark Financial review we should check what other people think of the company.
There are many sources where we can dig up some information on this or that Forex broker. But in our case the opinions and reviews of Clark Financial former and current customers would be more preferable. Among others we would recommend such resources as Trustpilot or Sitejabber. There are some interesting and useful things on Reddit, too, but due to its poor moderation policy it is literally the website where anybody can write anything. This undermines the credibility of Clark Financial reviews we may find there.
Since there are nothing critical about Clark Financial from Forex brokers who have a record of cooperation with the company, we may go to our own conclusions. To begin with, we have found no aspects making the company look suspicious. Due to peculiarities of its business model Clark Financial is not an average Forex broker. Firstly, it is definitely focused on certain category of clients and is not targeting the mass market. And secondly, Clark Financial is not just about Forex. But besides these two points nothing else catches the eye. There are dozens of companies focused on beginners, on low-cost trading or only on Forex. So there also can be a company like Clark Financial, which combines Forex with other asset classes and follows marketing strategy which is a bit different. Especially if its approach is complemented by a bigger volume and higher level of available services. That is the conclusion of our Clark Financial review. It looks quite reliable, and if you have the needed amount of money in your possession, it can be your brokerage of choice.
A complete list of unscrupulous brokers, that we do not recommend working with is available here.
I recently started trading with Clark Financial, and I'm really impressed. The website is really easy to use, with a clear structure and intuitive navigation. The trading platform is also magnificent. She is fast and responsive, and I can quickly and easily place orders. I was also impressed by the assortment of assets available for trade. There are more than 100 different currencies, as well as various indices and raw materials. Customer support is also excellent. When I have a question or a problem, the team is always ready to help me. They quickly answer, are always friendly and ready to help. They even offer a number of educational resources and trading tools that are really useful for beginners. I am really pleased with my experience with Clark Financial. The commissions are very reasonable, and I can trade with confidence. I would definitely recommend this broker to everyone who wants to trade in the Forex market. In general, Brand> is a great choice for Forex traders who are looking for a reliable and trustworthy broker.
Forex -Broker Clark Financial is a great choice for those who want to engage in foreign currencies. I have been trading with them for the past few months and I am very pleased with the services provided by them. They offer a wide selection of currency pairs, competitive spreads and excellent customer service. I found their support service very useful, and they always quickly respond to my requests. The trading platform is easy to use, and the execution of orders is quickly. I like that they offer a wide range of technical indicators and tools that help me make reasonable decisions. They also provide a wide range of educational materials for both beginners and experienced traders. Spreads are competitive, and trade commissions are reasonable. There is also a good choice of payment methods, so I am not limited by one or two options. In general, I am very pleased with the services provided by the Clark Financial Forex Broker. I was also impressed by the assortment of trading platforms offered by the Clark Financial broker. Their Metatrader 4 platform is very convenient to use and has all the necessary functions for successful trading.
Recently I used Claark Financial as Forex broker and I can honestly say that I am impressed with their services. Forex Broker Clark Financial provided me with excellent user experience, and I was pleasantly surprised how easy it was to open an account and start trading. The platform was intuitive, and available tools were magnificent. I was able to find all the information and resources I need to make reasonable trade decisions. The customer service that I experienced in Clark Financial was excellent. They were always ready to answer my questions and were very well aware of the markets and various trade strategies. I never had any problems with my account, and at any time when I needed help, they were ready to help me. The structure of pricing in Clark Financial is also very competitive. They offer competitive spreads and low commission, which allows you to easily trade without large costs. I found that I could make profitable transactions without risking with big money.
Clark Financial is always ready to answer my questions and were very well aware of the markets and various trade strategies. I never had any problems with my account, and at any time when I needed help, they were ready to help me. Forex Broker Clark Financial provided me with excellent user experience, and I was pleasantly surprised how easy it was to open an account and start trading. The platform was intuitive, and available tools were magnificent. I was able to find all the information and resources I need to make reasonable trade decisions. The customer service that I experienced in Clark Financial was excellent. Clark Financial is a fantastic Forex -Broker that offers a wide range of services and opportunities for its users. The customer support team is always available, responsive and competent, and is always ready to answer any questions or problems that I have. The trading platform is very simple to use and understanding, and the support service is always ready to help if something goes wrong. Spreads are competitive, and the execution time is quick.