Kiondex Trade Option is a forex broker registered on its official website on July 8, 2023. This broker offers users a wide range of trading markets through its proprietary trading platform and mobile applications, including forex, stocks, indices, energy, metals, cryptocurrencies, and ETF contracts for difference.
Company Registration Information and Regulatory Status:
According to public information on the official Kiondex Trade Option website, the broker has multiple corporate entities regulated by several authorities. Kiondex Trade Option Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC) with license number 177805. Kiondex Trade Option (registration number HRB169257B) is a designated agent of Ultrabot Trading Ltd registered with the German Federal Financial Supervisory Authority (BaFin). Additionally, the broker was authorized by the Mauritius Financial Services Commission (FSC) as an investment dealer on October 2, 2017, regulated under license number C175894381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD055.
Upon verification of its official website, the Cyprus Securities and Exchange Commission (CySEC), German Federal Financial Supervisory Authority (BaFin), Mauritius Financial Services Commission (FSC), and Seychelles Financial Services Authority (FSA) all have no regulatory information on this broker.
Opening an Account:
To open an account with Kiondex Trade Option: visit the broker's official website, click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” at the top right corner of the webpage, enter personal information like name and email address, set a login password, and submit. Once the application is submitted, the account will be successfully registered.
Trading Plans:
Kiondex Trade Option offers users four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment: $500
- Maximum investment: $1,000
- Return on investment: 6.50%
- Overnight interest every three days
- Trading cycle: 21 days
- Double bonus daily
- Instant trading methods: Copy trading/Trading robot
- Demo trading provided
- Advanced broker provided
BASIC:
- Minimum investment: $1,500
- Maximum investment: $4,000
- Return on investment: 10.50%
- Overnight interest every three days
- Trading cycle: 21 days
- Bonus sent via e-wallet
- Instant trading methods: Copy trading/Trading robot
- Demo trading provided
- Basic broker provided
PRO:
- Minimum investment: $5,000
- Maximum investment: $9,000
- Return on investment: 15.50%
- Weekly overnight interest
- Trading cycle: 1 month
- Exclusive daily bonus
- Instant trading methods: Copy trading/Trading robot
- Demo trading provided
- Professional broker provided
EXECUTIVE:
- Minimum investment: $10,000
- Maximum investment: $50,000
- Return on investment: 20.30%
- Weekly overnight interest
- Trading cycle: 1 month
- Advanced daily bonus
- Instant trading methods: Copy trading/API key
- Demo trading provided
- Executive broker (expert) provided
Trading Platform:
Kiondex Trade Option provides users with a proprietary trading platform.
Deposits and Withdrawals:
Kiondex Trade Option supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows reminds investors that Kiondex Trade Option is a scam platform providing false regulatory information and lures investors with so-called high returns on investment. Traderknows advises investors to choose brokers with transparent information, strong regulation, and a good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "pig butchering scam" on Traderknows.
