Clark Financial invites everyone to start a journey to financial freedom. The broker offers traders a convenient platform, good trading conditions, and many additional services. However, we are not here to listen to fairy tales but to expose the scams. So let’s see what this company can offer customers and what reviews the clients leave.
- Clark Financial General Information
- Registration and Client Portal Review
- Clark Financial Trading Conditions
- Account Types Review
- Trading Platform
- Clark Financial — Deposit and Withdrawal of Funds
- Additional Options
- Is Clark Financial a Scam?
- Legal Information and License
- Clarkfinadv.com Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
Clark Financial General Information
|Address||Tower 42, 25 Old Broad St, Cornhill, London EC2N 1HN, UK.|
Registration and Client Portal Review
The official Clark Financial website leaves a double impression. On the one hand, it seems that it’s the site of a reputable broker. However, as soon as you study it more closely, you will realize that it is just a typical template of which there are many. On the main page, there are a lot of empty words, strange pictures, and a lot of advertising. We also noticed that some data is missing. Perhaps the content is still being filled. There are also errors. Rather, these are typos. Apparently, the creators were in a hurry to make this site. Even the adaptation for mobile devices works badly.
The registration form kills by its standard. You just need to enter your personal data, phone number, and email. Be sure to come up with a strong password. Clark Financial seems to be negligent about the security of your account. The broker does not provide email or phone verification. Two-factor authentication is also absent in this case. So only a password will protect your funds in the account.
We hoped that at least a personal account in the realm of standardness would be somewhat different. Unfortunately, no. It is the same as that of dozens of other brokers. Greetings, deposit, withdrawal sections, and the ability to change profile settings – that’s all that is available to customers.
Clark Financial Trading Conditions
Well, perhaps Clark Financial does not like empty statements and will surprise us with its trading conditions. Let’s see what this broker is ready to offer us.
Account Types Review
Account types look at least a little non-standard. Clark Financial decided to arrange them in a chess style. However, we have already seen this somewhere, too.
There are 7 types of accounts on the platform in total. Like many brokers, Clark Financial focuses more on wealthy traders. It is for them that the best trading conditions are reserved. For the pawns, who are kindly called novices here, disgusting conditions have been created. Probably the broker came up with this in the hope that customers will understand that it is impossible to trade that way and will change the account type to a higher one.
No seriously. Just imagine. Beginners are allowed to trade only one type of asset here. Most likely, these are currencies. At the same time, it is possible to get one insured transaction from additional services. What exactly is this insured transaction? When trading on real markets, there can be no mention of any insurance. If you’ve lost it, you’ve lost it. If you earned it, you earned it. Clark Financial with such trading conditions gives out that it is an ordinary sandbox. Well, not a sandbox, but a dealing desk that does not send orders to the interbank. The leverage and the size of spreads are not indicated here at all.
Maybe at least the trading process on the platform will be comfortable? No, forget about it, too. Clark Financial provides only a web trader. There are no desktops or mobile apps. This terminal is quite simple. You can figure out its interface quickly. However, do not expect that you will find some cool functionality or innovations in it.
Clark Financial — Deposit and Withdrawal of Funds
There are different ways to fund your account. Clark Financial supports Visa and MasterCard. Also, you can make a wire transfer. And, of course, depositing in cryptocurrencies is possible. All these payment methods are also available for money withdrawal. The speed of money credited to your account will depend on the chosen payment system. We would say that it more likely depends on Clark Financial’s desire to let you withdraw the money.
Verification on the platform is mandatory. You can upload documents to confirm your identity directly to your Client Portal. How long will their verification take is a mystery. Clark Financial doesn’t mention it. The broker asks you to confirm your identity and address, as well as, if necessary, payment details.
Among the additional options, there are many near-market services. We don’t even want to dwell on them in more detail. It is completely unclear what quality of these services, signals, financial tips, and so on have. The entire broker’s team is anonymous.
Is Clark Financial a Scam?
Clark Financial is certainly trying very hard to make a good impression. However, we are not so easily deceived.
Legal Information and License
First, think about something. The full name of this firm is Clark Financial Advisory Limited. Does that hint at anything to you? Do you see a connection between brokerage services and financial advisors? We’ll explain what’s going on here.
Clark Financial claims to be registered in the UK. In the registry, we found such a company. It was incorporated in 2013. Financial intermediation, which is not classified anywhere, is indicated as services in the profile.
Did you know that all British brokers or investment firms are required to log in to the FSA register? Well, now you know. So, Clark Financial Advisory Limited is authorized in this registry, but not as a broker. This firm has no right to hold or control client money. It is allowed to give financial advice to clients. According to its name, this company is really just a financial adviser. The pseudo-broker we are currently considering is simply posing as an original company.
Clarkfinadv.com Domain Info
Can you guess why the site is not finished? Yes, just because it’s only a few weeks old. We checked the domain. Clarkfinadv.com was registered on January 12, 2023. That’s why there are so few reviews about this project so far. It is a new scam.
There are no visible problems with contact details. The website contains both a phone number and an email address. However, the address is different from the address of the real company. We have already realized that Clark Financial is an impostor. So it is unlikely that you will meet a real office manager of the broker in this building.
We mentioned that all these chess styles remind us of something. That’s right. Clark Financial is not the only such project. This is a whole group of scams. For example, Tower Trade 360 uses the same chess accounts. If you look at this site, you are unlikely to find many differences. The truth is that there are more of these scams, much more. Medifinance Limited, Meliorate, Mondial investments, Overton Partners, CED Capital, etc. We can continue for a very long time. All these are benches from the same fraudulent line.
Pros and Cons
- Low minimum deposit.
- A short period of work
- Ridiculous trading conditions
- Fake legal data
- No official registration
- No license.
Frequently Asked Questions (FAQ)
The broker offers trading CFD for different types of assets. There are also related services among Clark Financial’s offers.
The minimum deposit on the Clark Financial platform is $250.
No, this is a fake broker that uses the data of a real company. Clark Financial is an unregulated scam.