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KLMFX

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3.5
(3 Reviews)

Founded: - Min Deposit: 100 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 800

Risk Level I

KLMFX is only registered with SVG FSA, but SVG FSA does not regulate forex trading.

Score
Business Scope
0.0
Trading Cost
4.3
Trading Platforms
4.0
Support
4.3
Licence Status
SVG FSA 1624
Authorised
Contact
+44 20 3608 0906
https://klmfx.org/
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

4.3

Score

No Data
No Data

Company and Service

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Score

Profile
Headquarters Address
Suite 305 Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines
Credit Profile No information
Trading Platforms
Contact
No Data
Others
Website Language
Arabic

Related Complaints

Q&A

Do they accept traders from the UK?

Louie Quinn
United Kingdom
2023-07-03
ANSWER KLMFX is an unregulated broker that we advise against trading with, despite the seemingly attractive deals it offers.KLMFX claims that it is operated by O.G. Holdings Ltd, a company registered in the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under company number 1624. While it is true corresponding records exist in the SVG FSA register, it is crucial to note that the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage, nor does it regulate entities involved in such activities. As such, KLMFX remains unsupervised by the relevant regulatory body.Regarding your question, we strongly suggest you avoid dealing with KLMFX due to its status as an unregulated broker. This is a trading platform coming with significant risks, such as financial losses and identity theft, as there are no legal protections in place to safeguard investors' interests. Therefore, investors are encouraged to stay away from unregulated brokers like KLMFX and instead choose a fully regulated one.
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Overall Score

3.5
3 Reviews

Cost 4.3

Platforms 4.0

Deposit & Withdrawal 4.3

Customer Support 4.3

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Damian Wardeh
0-6 months Indonesia
My experience always positive never any problems or dishonesty from this broker and customer service always responsive.
2022-08-15
Reply
Harleen Bakirova
0-6 months Greece
This broker can still trade stocks, amazing!
2022-08-04
Reply
Geoffreying
0-6 months Jersey
Stay away!! They will process your deposit immediately but when you decide to take your own money out you will get the run around. Its been 3 days since I requested a withdrawal and I keep getting emails with excuses. They literally told me they needed to know why I wanted to withdraw before they would process it!!!
2022-07-13
Reply
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Risk Warning:

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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.