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KITE FX

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Operating status: SCAM

Website: https://www.kitefx.org/

Broker violations and abnormal records
  • 2025-01-19 The FCA issues a warning against KITE FX

    January 20, 2025, the Financial Conduct Authority (FCA) issued a warning against KITE FX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/kite-fx

    January 20, 2025, the Financial Conduct Authority (FCA) issued a warning against KITE FX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/kite-fx
  • 2025-01-26 BrokersView has reviewed that KITE FX is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against KITE FX, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, KITE FX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    KITE FX is unequivocally a scam.

    According to its website, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against KITE FX, believing this company might be providing financial services or products without proper authorization in the UK. In essence, KITE FX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. KITE FX is unequivocally a scam.

Related Complaints

Q&A

Is it possible that KITE FX is legit?

mrklir
Canada
2025-02-06
ANSWER Dear Investor, Unfortunately, our investigation indicates that KITE FX is a scam. The broker significantly lacks transparency, keeping investors in the dark about their legal forms. We haven't found any useful records to suggest that KITE FX is operating under regulation. While it claims to be domiciled in the UK, the Financial Conduct Authority (FCA) has issued a warning against KITE FX, advising investors to stay away from the unauthorized firm. Therefore, we strongly suggest you avoid using KITE FX to protect your hard-earned money from potential fraud schemes. It is critical to thoroughly research your target brokers first.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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