Kingston Trading Review

Is Kingston Trading Scam or Legit Broker?

Kingston Trading 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.

What is Kingston Trading?

Kingston Trading is an investment and independent broker-dealer that claims its proprietary trading desks to serve institutional and high-net-worth clients that operate since 2013. The mentioned headquarter of Kingston Trading in Hong Kong, while enabled operation covers international trading and investment capabilities.

• However, in Hong Kong in order to deliver investment services and trading capabilities, the firm should hold a license from the local authority SFC. The registration process and proper licensing of the broker ensure the company is a trustable one, as to maintain necessary capital requirements, enable customer protective tools and regularly checked in terms of performance. Otherwise, there is no guarantee the broker is a pure scam or another trap to take traders' funds.
• In the case of Kingston Trading, there are not so many reviews about the company's trading environment, which is rather suspicious than confirming its good status. In addition, the company received a legal warning from SFC as claimed its operation in Hong Kong without permission.

“Kingston Trading has come to the attention of the SFC because they are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong.”

SFC, Hong Kong. December 2018.  

• The pages and official sources of the international regulators’ list alert are shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and the general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities and more.

Overall Kingston Trading Ranking 

We found multiple regulation and safety issues with Kingston Trading, thus we do not rank positively Kingston Trading, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

• Kingston Trading Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.

Kingston Trading Alternative Brokers

We found that Kingston Trading has a lot of issues, especially in respect of its safety and customer care. Thus, here are much better Alternatives to Kingston Trading with tight regulations and great trading conditions. We select Good Brokers and reliable options for your comparison below: 

• Blueberry Markets – Forex and CFD Trading with Low Fees
• Trade.com – Good Trading Instruments
• XM – Wide Range of Trading Opportunities

Kingston Trading Review Conclusion

We advise all investors and traders to avoid Kingston Trading and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Alpari, FXPrimus, and XM.

• Overall ranking and experience for Kingston Trading is Negative