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KonohaFX

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Operating status: SCAM

Website: https://konohafx.io/

Broker violations and abnormal records
  • 2023-04-03 BrokersView has Reviewed that KonohaFX is an Unregulated Broker

    KonohaFX claims to be a trustwothy broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.

    According to its website, the broker is located in Cyprus and offers customer services from the UK and Australia. However, we did not find any regulatory information about KonohaFX from the registry of the Cyprus Securities and Exchange Commission (CySEC), the United Kingdom Financial Conduct Authority (UK FCA), and the Australian Securities & Investment Commission (ASIC).

    The truth is that KonohaFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    KonohaFX claims to be a trustwothy broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.According to its website, the broker is located in Cyprus and offers customer services from the UK and Australia. However, we did not find any regulatory information about KonohaFX from the registry of the Cyprus Securities and Exchange Commission (CySEC), the United Kingdom Financial Conduct Authority (UK FCA), and the Australian Securities & Investment Commission (ASIC).The truth is that KonohaFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2024-04-29 The FCA issues a warning against KonohaFX

    On 30 April, 2024, the Financial Conduct Authority (FCA) issued a warning against KonohaFX, flagging it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/konohafx

    On 30 April, 2024, the Financial Conduct Authority (FCA) issued a warning against KonohaFX, flagging it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/konohafx

Related Complaints

Q&A

Anyone know current status with Konohafx?

Peta
United Kingdom
2025-01-05
ANSWER Dear Investor, KonohaFX is still an unregulated trading platform, providing financial services without authorization. The Financial Conduct Authority (FCA) has flagged it as an unauthorized firm and advised investors to stay clear. KonohaFX's website is currently available and appears to be soliciting unsuspecting investors. We have found recent complaints online, accusing KonohaFX of being a fraudulent platform. If you need our assistance, kindly file a complaint on our platform. Our team will thoroughly review your case and work diligently to help you find a possible solution. Rest assured, we are always here to support you.
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