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Kingston Trading

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Operating status: SCAM

Website: https://www.kingstontrading.com/

Broker violations and abnormal records
  • 2023-05-29 BrokersView has reviewed that Kingston Trading is an unregulated broker

    Kingston Trading claims to be an independent broker-dealer and investment advisor headquartered in Hong Kong. Therefore, it is required to be regulated and authorized by the HK Securities and Futures Commission (SFC). However, we didn't find corresponding records in the HK SFC registry, which suggests Kingston Trading is unsupervised by the relevant regulatory body.

    In essence, Kingston Trading is not regulated by any governing body. Using the services provided by this company may pose significant risks to investors including financial losses and identity theft. It is unequivocally a scam.

    Kingston Trading claims to be an independent broker-dealer and investment advisor headquartered in Hong Kong. Therefore, it is required to be regulated and authorized by the HK Securities and Futures Commission (SFC). However, we didn't find corresponding records in the HK SFC registry, which suggests Kingston Trading is unsupervised by the relevant regulatory body.In essence, Kingston Trading is not regulated by any governing body. Using the services provided by this company may pose significant risks to investors including financial losses and identity theft. It is unequivocally a scam.

Related Complaints

Q&A

Will you recommend this broker?

Gabriel Morales Santiago
Jordan
2023-06-07
ANSWER Kingston Trading is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.Kingston Trading claims to be an independent broker-dealer and investment advisor headquartered in Hong Kong. Therefore, it is required to be regulated and authorized by the HK Securities and Futures Commission (SFC). However, no corresponding records exist in the HK SFC registry, suggesting Kingston Trading is unsupervised by the relevant regulatory body.Regarding your question, our advice is not to deal with Kingston Trading due to its status as an unlicensed broker. It comes with significant risks including loss of funds and identity theft, as there are no rules in place to protect investors from fraud or theft. To avoid such risks, we suggest investors to choose a fully regulated broker.
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1 comments

Privacy Beschermd
I confirm the scam. I lost only 125$ but their scam is significant. They place their adds on Facebook which do not even check who they are. Their reviews on Trustpilot are fake. People who work for them pretended to be my natives while their accent was clearly Ukrainian. Their sales tactics are indeed agressieve.
2024-02-16
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