KFCP is a foreign exchange broker established in the UK on June 26, 2023, primarily offering investors financial derivative trading services in forex, stocks, futures, energy, precious metals, and cryptocurrencies. Its headquarters are located in London. The broker does not provide services in jurisdictions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status:
According to KFCP's official website, the broker is registered with the UK Companies House under the entity KFCP GLOBAL LIMITED. It is also registered with and regulated by the US Financial Crimes Enforcement Network (FinCEN).
Verification reveals that KFCP GLOBAL LIMITED is registered with the UK Companies House under company registration number 14961708, with the registered address at M12 6ae Blackett Street, Manchester, England, M12 6AE. The entity was successfully registered with FinCEN on July 3, 2023, with an MSB number of 31000247808028. However, FinCEN's mission is to protect the financial system from illegal use, combat money laundering and its related crimes (including terrorism), and promote national security through strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence, without specifically regulating financial derivative trading. Additionally, no registration information for this broker was found on the UK Financial Conduct Authority (FCA)'s official website, indicating that the broker is unregulated.
Moreover, the website design and content of this broker's official website closely resemble those of other broker websites, including V3option limited, IG GLOBAL LIMITED, 247marketgain limited, PU Markets Ltd, LOXLEY FX, and HCJT GROUP.
Account Opening:
To open an account with KFCP: Visit the broker's official website, click on "Register" on the homepage or at the top right corner of the webpage, enter your personal email address and set a login password to submit. Once the application is submitted, the account registration is successful.
Trading Account Information:
KFCP has not disclosed information on its official website regarding spreads, trading leverage, margin call/stop out levels, account types, trading commissions, minimum/maximum trade volumes, maximum open orders/positions, or minimum price precision.
Trading Platform:
KFCP provides a proprietary trading platform for its users.
Deposits and Withdrawals:
KFCP has not clearly disclosed the supported deposit and withdrawal methods, fees, and minimum deposit and withdrawal amounts on its official website.
Summary:
Traderknows reminds investors that KFCP is a financial derivatives trading brokerage website without effective regulation, and can only be contacted via email, with extremely limited contact options. The website design and content of its official website are identical to those of V3option limited, IG GLOBAL LIMITED, 247marketgain limited, PU Markets Ltd, LOXLEY FX, HCJT GROUP, and other brokers. Traderknows recommends investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this brokerage is marked as "unregulated" on Traderknows.
