ANSWER Dear Investor,To verify a broker's legitimacy, it's essential to research their licenses. We encourage you to inquire about your target broker, and we are glad to help you verify their legal status. We have looked into the website of Kings Option Trade Ltd and believe it to be a scam.Although Kings Option Trade Ltd claims to be multi-regulated, our investigation shows that these regulatory statements are unfounded. In fact, Kings Option Trade Ltd is not regulated at all. Therefore, we strongly advise you to avoid using Kings Option Trade Ltd. They don't have a license but pretend to be a licensed broker, indicating their intent to defraud investors. It's best to choose brokers regulated by top-tier financial authorities.
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