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CryptocashFX-Overview of Minimum Deposit, Leverage, Spreads

KS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 16:06

Abstract:  KS is an unregulated brokerage company registered in Australia. The broker's official website has been closed, so traders cannot obtain more security information.

  Note: KS's official website: https://en.kscapital.net/ is currently inaccessible normally.

KS Information

  KS is an unregulated brokerage company registered in Australia. The broker's official website has been closed, so traders cannot obtain more security information.

Is KS Legit?

Australia Securities &lnvestment Commission(ASIC)
Australia Securities &lnvestment Commission(ASIC)
Current StatusSuspicious Clone
Regulated by Australia
License TypeInstitution Forex License (STP)
License No.316880
Licensed InstitutionK S CAPITAL PTY LIMITED

  A field survey based on the address provided by the company did not find KS Markets office in Australia. The company claims to hold an investment advisory license from the Australia ASIC (316880). Caution is advised when dealing with KS.

Downsides of KS

  • Unavailable Website

  Because of the inaccessible KS website, there are concerns about its reliability and accessibility.

  • Lack of Transparency

  Since KS does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

  KS claims to be regulated by ASIC. However, these claims are unauthorized and potentially misleading.

Downsides of KS

  • Unavailable Website

  Because of the inaccessible KS website, there are concerns about its reliability and accessibility.

  • Lack of Transparency

  Since KS does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

  KS claims to be regulated by ASIC. However, these claims are unauthorized and potentially misleading.

Conclusion

  Trading with KS may pose security risks as they are listed as “Unauthorized” by ASIC, despite their regulation claims. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. When selecting a trading platform, prioritize those supervised by recognized regulatory bodies for enhanced security and peace of mind.

  

Related broker

Suspicious Clone
KS
Company name:KS Markets
Score
1.59
Website:http://en.kscapital.net/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.59

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