Kings Crypto Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-05-06 14:25

Abstract：Kings Crypto Market operates from Cyprus without regulatory oversight. Offering four account types, the broker requires deposits from $350 to $5000. The lack of regulation and limited information contribute to its overall riskiness.

Aspect	Information
Company Name	Kings Crypto Market
Registered Country/Area	Cyprus
Founded Year	2021
Regulation	No Regulation
Account Types	MINI, STANDARD, EXECUTIVE, VIP
Minimum Deposit	MINI: $350, STANDARD: $1000, EXECUTIVE: $2500, VIP: $5000

Overview of Kings Crypto Market

　　Kings Crypto Market, founded in 2021 in Cyprus, operates without regulatory oversight. This broker provides four different trading account types, namely MINI, STANDARD, EXECUTIVE, and VIP, with minimum deposits ranging from $350 to $5000. However, its official website is no longer accessible now, posing inconvenience for potential traders.

Pros and Cons

Pros	Cons
Multiple account options	No regulatory oversight
Known physical address	Limited information on customer support
	High minimum deposit across account types
	Offline official website
	Limited account transparency

　　Kings Crypto Market offers four account options and trading instruments, along with a physical address. However, the lack of regulatory oversight poses significant challenges. The offline status of the official website hinders access to up-to-date information about the broker's services and support. Additionally, the high minimum deposit required across the account types could be a barrier for those with limited capital.

Is Kings Crypto Market legit or a scam？

　　Kings Crypto Market operates without any regulation from a recognized financial authority. This unregulated status means that clients' funds are not protected and there are no assurances of fair trading practices.

Account Types

　　Kings Crypto Market offers four trading account types: MINI (minimum deposit $350), STANDARD ($1000), EXECUTIVE ($2500), and VIP ($5000). There's a lack of clarity of other aspects regarding account details.

Account	Minimum Deposit
MINI	$350
STANDARD	$1000
EXECUTIVE	$2500
VIP	$5000

Customer Support

　　Address: Westfield Liverpool, Macquarie St, Liverpool NSW 2170

Conclusion

　　Kings Crypto Market, founded in 2021 in Cyprus, provides four account types but suffers from significant drawbacks. The lack of regulatory oversight raises red flags, while the high minimum deposits across account types may deter smaller investors. Additionally, the unavailability of the official website limits access to crucial information, further eroding trust.

FAQs

　　Q: Is Kings Crypto Market a regulated broker？

　　A: No, the broker operates without any financial authority regulation.

　　Q: What trading accounts does Kings Crypto Market offer？

　　A: They offer MINI, STANDARD, EXECUTIVE, and VIP accounts, with different minimum deposits.

　　Q: What's the minimum deposit for Kings Crypto Market accounts？

　　A: It ranges from $350 for MINI to $5000 for VIP.

　　Q: Is customer support available at Kings Crypto Market？

　　A: They list a physical address in Australia, but other support information is limited due to an inaccessible website.

　　Q: Can Kings Crypto Market be trusted？

　　A: Exercise caution, as it lacks regulatory oversight and the website is inaccessible.

Risk Warning

　　Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

　　Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.