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KFCP Information Revealed

KFCP | 2024-12-25 17:55

Abstract:KFCP is an unregulated UK-based broker, offering trading in stocks, CFDs, futures, currencies, indices, cryptos, and commodities with leverage up to 1:400 and wide spreads via a web-based platform.

Note: KFCP' official website - https://kfccglobal.com is currently inaccessible normally.

KFCP Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, CFDs, futures, currencies, indices, cryptos, commodities
Demo Account✅($100,000 in virtual capital)
Leverage1:400
EUR/USD Spread2.7 pips
Trading PlatformWeb-based
Min Deposit/
Customer SupportEmail: info@kfcpfx.email

KFCP is an unregulated UK-based broker, offering trading in stocks, CFDs, futures, currencies, indices, cryptos, and commodities with leverage up to 1:400 and wide spreads via a web-based platform.

KFCP's homepage

Pros and Cons

Pros Cons
Many tradable productsFalsely claims registration in the UK
Demo accountsUnregulated
FCA warning
High spreads set
Only accept crypto payments
Only email support

Is KFCP Legit?

According to FCA, it confirmed that KFCP is not authorised by them. Therefore, it is not a regulated broker. On the website of WikiFX, it is listed as “Regulatory blacklist”. Besides, as of now, their official website is not available. It is not a legit broker!

FCA warning

What Can I Trade on KFCP?

Tradable Instruments Supported
Currencies✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
Cryptos✔
Futures✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on KFCP?

Account Type

Apart from demo accounts with $100,000 in virtual capital, KFCP also offers three live account types, including Comprehensive, Finance, and Financial STP accounts.

Account comparison

Leverage

KFCP offers leverage up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

KFCP offers spreads of 2.7 pips for EURUSD, 2.5 pips for GBPUSD, and 3.5 pips for USDJPY. These spreads are notably higher than those offered by well-established forex brokers, which typically provide tighter spreads averaging around 1.5 pips.

Currency PairSpread
EURUSD2.7 pips
GBPUSD2.5 pips
USDJPY3.5 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-based✔Windows, iPhone, Android/
MT4❌/Beginners
MT5❌/Experienced traders
Web-based platform

Deposit and Withdrawal

KFCP offers a notably limited selection of payment methods, confining options solely to cryptocurrencies.

LeverageBroker

Related broker

No Regulation
KFCP
Company name:KFCP GLOBAL LIMITED
Score
1.39
Website:https://kfccglobal.com
2-5 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.39

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