Is K2 Wall Street Scam or Legit Broker?

K2 Wall Street is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.

About K2 Wall Street
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is K2 Wall Street safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is K2 Wall Street?

The broker is owned and operated by the K2 WALL STREET CO LIMITED and claims to have offices in London, UK, and New York, USA. According to the website, K2 WALL STREET CO LIMITED is an investment company whose activities are regulated and authorized by the UK jurisdiction SIC 66110 (Administration of financial markets) by the number of the certificate 11426191 (Companies House) is located in London, Great Britain.

  • However, the Administration of financial markets is not the regulator that approves licenses for Forex brokers in the UK, it is the task of the Financial Conduct Authority. It turned out that K2 WALL STREET CO LIMITED is not licensed by the FCA, nor by any other authority.
  • Moreover, this same regulator, Financial Conduct Authority, has recently issued a warning against K2 Wall Street:
    “This firm (K2 Wall Street) is not authorized by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorization.”
    In addition, the company provides false information on the website regarding its numerous awards (like Best Broker 2016, Forex Broker Firm of the Year 2017, etc), which are fake.

K2 Wall Street - official website
K2 Wall Street Review Conclusion

Considering the above, we highly recommend avoiding K2 Wall Street and selecting a decent and licensed broker instead. Signing in with an unregulated or offshore broker is risky and the biggest red flag in Forest trading. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro and BlackBull Markets.

K2 Wall Street Update

Our research revealed that the K2 Wall Street website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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