KB Capitals Review

Is KB Capitals Scam or Legit Broker?

According to our research, KB Capitals is a total scam. The broker is not regulated and has no legal right to provide financial services to the public. Moreover, KB Capitals has been suspected of fraud, when pretending to be another company with a better reputation.

What is KB Capitals?

KB Capitals is a Forex and CFD broker operated by Global Media Broadcast Limited registered in Hong Kong. Also, the terms and conditions state that all the company’s main services are located in Bulgaria and finally the operative address is in Wien, Austria.

• A lot of confusing information about different locations and no proper licensing, which doesn’t make this broker more trustworthy. In addition, Austrian regulator FMA has issued a warning against KB Capitals.
• While choosing a Forex broker, it is very important to pay attention to the regulation factor (Check out Hong Kong Forex Brokers’ List).

KB Capitals Review Conclusion

We strongly advise opening a trading account only with brokers that are regulated by the respected world authorities and comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Pepperstone and BDSwiss.

KB Capitals Update

Our research showed that KB Capitals is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.