KIWI Arbitrage is a broker website suspected of fraud. Its official website, kiwiarbitrage.org, was registered on August 20, 2023. The site claims to offer investors a variety of financial derivative trading services, including forex, indices, metals, energy, stocks, bonds, and cryptocurrencies.
Company Background and Regulation Status
According to information available on kiwiarbitrage.org, the broker uses KIWI Arbitrage as its trading name and is registered in Australia with ABN number 2018AD947. The company's headquarters are located in Wellington, New Zealand. Additionally, the "Terms & Conditions" page on their official website indicates that their services are "governed and interpreted by the laws of the Republic of New Zealand, without regard to the principles and rules of conflicts of law."
Upon verification, the Australian Business Register (ABR) shows no company registered with ABN number 2018AD947, and the New Zealand Companies Register does not list any entity named KIWI Arbitrage.
Therefore, KIWI Arbitrage (kiwiarbitrage.org) is essentially an illegal website with no company entity or regulatory oversight.
Trading Products
kiwiarbitrage.org claims to provide a variety of financial products, including forex, indices, metals, energy, stocks, bonds, and cryptocurrencies.
- Forex: The forex market involves the trading of global currencies. It is the largest financial market in the world, with trading pairs like USD/EUR and JPY/GBP. The forex market is highly volatile and operates 24 hours a day.
- Indices: Indices measure the overall performance of specific stock markets, such as the S&P 500 and Dow Jones Industrial Average. They reflect the overall health of particular stock markets, and investors often trade indices through index funds or futures contracts.
- Metals: Precious metals like gold, silver, platinum, and palladium are common investment choices. They are often considered safe-haven assets, especially during economic instability or inflation, with gold frequently used as a risk hedge by investors.
- Energy: The energy market includes commodities like crude oil and natural gas, with crude oil (WTI, Brent) being the most traded. Energy prices are strongly influenced by supply and demand, geopolitics, and economic conditions, with trading instruments including futures contracts and CFDs.
- Stocks: Stocks represent ownership shares in a company, allowing shareholders to partake in the company's profits. The stock market is one of the world's most popular investment markets, with renowned stocks including companies like Apple and Amazon. Investors can trade stocks directly or diversify through ETFs.
- Bonds: Bonds are debt securities issued by governments or corporations, allowing investors to lend money to the issuer and receive the principal and interest upon maturity. The bond market is usually more stable, hence considered a relatively low-risk investment option.
- Cryptocurrencies: Cryptocurrencies are digital assets based on blockchain technology, with the most famous being Bitcoin and Ethereum. Their prices are highly volatile, and the market is relatively young, yet it has recently attracted many investors and traders.
Account Opening Process
The account opening steps at KIWI Arbitrage are as follows:
- Visit kiwiarbitrage.org and click on the "OPEN AN ACCOUNT" button or the "SIGNUP" button in the top right corner of the webpage to access the account application page.
- Fill out the account application form with your name, email address, set a login password, and select an electronic wallet. Submit the application form to successfully create an account.
- After logging into the account, users need to complete the KYC verification process in order to start trading.
Account Information
kiwiarbitrage.org claims to offer investors four different investment plans: VIP 1, VIP 2, VIP 3, VIP 4.
VIP 1:
- Interest Rate: 10% (within 24 hours)
- Minimum Investment: $50
- Maximum Investment: $499
- Investment Term: 1 day
- Principal returned at the end of the plan
VIP 2:
- Interest Rate: 20% (within 48 hours)
- Minimum Investment: $500
- Maximum Investment: $1999
- Investment Term: 2 days
- Principal returned at the end of the plan
VIP 3:
- Interest Rate: 30% (within 72 hours)
- Minimum Investment: $2000
- Maximum Investment: $19999
- Investment Term: 3 days
- Principal returned at the end of the plan
VIP 4:
- Interest Rate: 50% (within 7 days)
- Minimum Investment: $10000
- Maximum Investment: No Limit
- Investment Term: 7 days
- Principal returned at the end of the plan
Trading Platform and Fund Transactions
kiwiarbitrage.org claims to offer a self-developed trading platform, but it only supports web-based access. Additionally, the broker supports fund transactions through cryptocurrencies (BTC, ETH, BNB, LTC, XRP, etc.) and Perfect Money.
Conclusion
Traderknows advises investors that KIWI Arbitrage (kiwiarbitrage.org) is essentially an illegal website with no legitimate company entity or regulatory oversight. Investors should carefully consider their options and prioritize regulated companies with transparent information to ensure the safety of their funds and reduce investment risks.
