Score

1.09 /10
Danger

Kane LPI Solutions Limited

Suspicious Regulatory License

Suspicious Overrun

High potential risk

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Regulatory Index0.00

Business Index3.79

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United Arab EmiratesDFSA regulation (license number: F005648) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Kane LPI Solutions Limited · Company summary

Note: Kane LPI Solutionss official site - https://www.kanelpisolutionsltd.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Kane LPI SolutionsReview Summary
Registered Country/RegionUnited Arab Emirates
RegulationSuspected cloned DFSA license
Market InstrumentsCurrencies, Metals, US stocks, Cryptocurrencies, Global indices, Brent, WTI
Demo AccountNot Mentioned
Leverage1:100
SpreadNot Mentioned
Trading PlatformWebTrader
Minimum Deposit€100
Company AddressOffice GV01/L02/208, Floor-2, Gate Village Building 1, DIFC, PO Box 506732, Dubai, UAE
4th Floor, Cumberland House 1 Victoria Street, Hamilton HM 11 P.O. Box HM 3033, Hamilton HM NX Bermuda
Central Business Centre Mdina Road Zebbug ZBG 9015 Malta
11th Floor, Maeva Tower Ebene, CyberCity Mauritius
Customer SupportTel: +44 2033767707 or +971 45429312
Email: support@kanelpisolutionsltd.net

Kane LPI Solutions Information

Kane LPI Solutions Limited, a company founded in 2016 by professional traders, claims to assist clients in achieving success in trading. Operating from the UAE and with offices in Bermuda, Malta, and Mauritius, the firm offers a variety of market instruments such as currencies, metals, US stocks, cryptocurrencies, global indices, Brent crude oil, and WTI crude oil. While showcasing a wide range of tradable asserts, Kane LPI Solutions' credibility comes into question with a suspected cloned DFSA license and issues with its nonfunctional official website.

Kane LPI Solutions

Pros & Cons

ProsCons
Diverse range of market instrumentsSuspected cloned DFSA license
User-friendly WebTrader trading platformNonfunctional Official Website
Global orientation with a multilingual website

Pros

  • Diverse Range of Market Instruments: Kane LPI Solutions offers access to a variety of market instruments, including currencies, metals, stocks, and cryptocurrencies. This diversity can allow traders to explore different markets and potentially diversify their portfolios.
  • User-Friendly WebTrader Trading Platform: The use of WebTrader as the primary trading platform provides clients with a user-friendly interface to execute trades and access market data.
  • Global Orientation with a Multilingual Website: Kane LPI Solutions showcases a global orientation by offering a multilingual website in English and Russian.

Cons

  • Suspected Cloned DFSA License: There are concerns raised about the authenticity of Kane LPI Solutions' DFSA license, with suspicions of it being a cloned license. This lack of transparency regarding regulatory compliance can raise red flags for potential clients.
  • Nonfunctional Official Website: Kane LPI Solutions official website is currently unavailable and is unable to provide any further information.

Is Kane LPI Solutions Legit?

  • Regulatory Sight: Kane LPI Solutions operates under Dubai Financial Services Authority (No.F005648), but there are suspicions that the license held by the company may be a clone. The legitimacy and validity of the license are called into question, raising concerns about the legal standing and regulatory compliance of Heraeus within the exchange society.
Suspicious clone DFSA license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
  • Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

Kane LPI Solutions provides access to a diverse range of market instruments for traders, including currencies, metals, US stocks, cryptocurrencies, global indices, Brent crude oil, and WTI crude oil.

Currencies can be traded to take advantage of fluctuations in exchange rates, while metals like gold and silver offer alternative safe-haven investments.

US stocks provide exposure to individual companies, cryptocurrencies represent digital assets with market volatility, and global indices track the performance of multiple stocks across different regions.

Brent and WTI crude oil are popular commodities for trading, influenced by supply and demand dynamics in the energy market.

How to Open an Account?

Individuals of legal age who are not residents of restricted jurisdictions can open an account with Kane LPI Solutions. The user agreement contains a list of prohibited countries. The account registration process at Kane LPI Solutions is straightforward and swift, requiring users to provide their name, contact information, country, and password.

Leverage

Kane LPI Solutions offers a leverage of 1:100, indicating that clients can trade positions up to 100 times the amount of their invested capital. This level of leverage allows traders to potentially amplify their gains or losses significantly based on market movements.

Trading Platform

Kane LPI Solutions provides WebTrader as its primary trading platform for clients, allowing them to access market data and execute trades through a web-based interface. While the company advertises a mobile trading platform, users have reported difficulties accessing the provided link. The absence of a functional mobile trading platform may pose challenges for traders looking to engage in markets on-the-go or through their mobile devices.

Customer Support

Clients can reach out to Kane LPI Solutions through various channels.

  • Telephone: +44 2033767707 or +971 45429312
  • E-mail: support@kanelpisolutionsltd.net
  • Physical address:

(1) Office GV01/L02/208, Floor-2, Gate Village Building 1, DIFC, PO Box 506732, Dubai, UAE

(2) 4th Floor, Cumberland House 1 Victoria Street, Hamilton HM 11 P.O. Box HM 3033, Hamilton HM NX Bermuda

(3) Central Business Centre Mdina Road Zebbug ZBG 9015 Malta

(4) 11th Floor, Maeva Tower Ebene, CyberCity Mauritius

Conclusion

In conclusion, Kane LPI Solutions offers a diverse range of market instruments and a user-friendly WebTrader trading platform. However, concerns arise regarding the suspected cloned DFSA license, reported issues with a nonfunctional mobile trading platform link and the unavailability of their official website. Traders should exercise caution and conduct thorough research before considering Kane LPI Solutions as their trading platform provider.

Frequently Asked Questions (FAQs)

What financial instruments can I trade with Kane LPI Solutions?

Currencies, metals, US stocks, cryptocurrencies, global indices, Brent crude oil, and WTI crude oil.

What's the leverage offered byKane LPI Solutions?

1:100.

Does trading onKane LPI Solutions require a minimum deposit?

Yes. The minimum deposit is €100.

What trading platform does Kane LPI Solutionsutilize?

WebTrader.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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