KB Capitals Review

Is KB Capitals a scam or a 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 public. Moreover, KB Capitals has been suspected in fraud, when pretending to be another company with a better reputation.

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).

Conclusion

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that 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.

Yet, it is always great to hear your personal opinion about KB Capitals. So you may share your experience or thoughts or discuss them below or ask us for additional information.