KB Capitals Review
Reason to avoid: No license
Listed Date: September 6, 2018
Reason to avoid: No license
Listed Date: September 6, 2018
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is KB Capitals safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | IC Markets - licensed by ASIC in Australia |
no, KB Capitals broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
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.
We recommend trading with brokers licensed by reputable agencies like ASIC in Australia, FCA in the UK or CySEC in Cyprus.
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