KKR Pro (www.kkrrh.com) is a contract-for-difference (CFD) broker, with its domain registered on May 20, 2023. The company offers trading services in a variety of financial products including forex, precious metals, energy, indices, and cryptocurrencies, but does not serve regions where such services might violate local laws and regulations.
Company Background and Regulatory Status
According to publicly available information on kkrrh.com, this brokerage firm is fully named Kohlberg Kravis Roberts and uses KKR Pro as its trading name. It was founded by Jerome Kohlberg, Henry Kravis, and George Roberts in 1976, and is currently headquartered at 1430 Stout St, Denver, Colorado, USA.
However, kkrrh.com does not disclose detailed registration information or relevant regulatory qualifications. Additionally, the legal documents such as the privacy policy, risk warnings, and disclaimers are rather brief, lacking sufficient detail, casting doubts on its legitimacy.
Verification reveals that there indeed exists a registered company named KOHLBERG KRAVIS ROBERTS & CO. L.P. on the official websites of the U.S. Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). However, its official website is www.kkr.com. It turns out the information on kkrrh.com, including the company's name, branding, and introduction, is plagiarized from KOHLBERG KRAVIS ROBERTS & CO. L.P.’s official site.
Trading Products
kkrrh.com offers a range of trading instruments spanning forex, precious metals, energy, indices, and cryptocurrencies.
- Forex: This is the most liquid market globally, with major currency pairs including USD, EUR, JPY, and GBP. The market is influenced by global economic conditions and central bank policies.
- Precious Metals: Such as gold and silver. These are often considered safe-haven assets during economic instability.
- Energy: Including commodities like crude oil and natural gas, whose prices fluctuate based on supply and demand changes and geopolitical factors.
- Indices: Such as the S&P 500 and NASDAQ indices. These reflect overall market performance and are commonly used for hedging risk.
- Cryptocurrencies: Including Bitcoin and Ethereum, known for high volatility influenced by market sentiment and regulatory policies.
Account Opening
The steps for opening an account with KKR Pro are as follows:
- Visit kkrrh.com and click the “Register” button on the homepage to access the account registration page.
- Fill in the email address and set a login password on the application form. After submission, receive and enter the verification code to complete the registration.
- Once logged in, users must complete the KYC identity verification before making deposits and trading.
Trading Account Information
The trading account information provided by kkrrh.com is quite limited, only detailing some aspects such as spreads, leverage, and contract size. Key information on specific account types, commission standards, and margin levels is not disclosed, increasing the uncertainty for users when making decisions.
- Base Currency: USD
- Spread: Floating spread, minimum 1 pip
- Leverage: 1:100
- Contract Size: 1 lot equals 100,000 currency units
Trading Platform and Deposit/Withdrawal Methods
kkrrh.com claims to offer the ST5 trading platform, supporting both web and mobile versions. However, through download links, it was found that the trading software displayed on the App Store is Sdcfskdvt, and on Google Play, it is Sncowete, casting doubt on the platform's authenticity. In addition, the website does not provide detailed information regarding deposit and withdrawal methods, associated fees, or minimum amounts.
Conclusion
KKR Pro (www.kkrrh.com) is a fraudulent platform that plagiarizes website information from KOHLBERG KRAVIS ROBERTS & CO. L.P. and shares design similarities with several scam platforms. Investors should exercise caution when choosing a broker and prioritize companies that are strictly regulated and transparent with their information to avoid the risk of financial loss.
Traderknows advises investors to exercise caution when selecting a broker, and to prioritize companies that are strictly regulated and transparent with their information to avoid the risk of financial loss.
