Score
Kingdom
China|5-10 years| http://www.kingdompty.com/en/index.php
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Kingdom also viewed..
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Company Summary
Note: Kingdom's official website: http://www.kingdompty.com/en/index.php is currently inaccessible normally.
Kingdom Information
Kingdom is an unregulated brokerage company. The company claims to offer the MetaTrader 4 (MT4) platform for trading. However, through research, we found that it looks like the domain of its website has not been registered yet.
Is Kingdom Legit？
Kingdom currently lacks valid regulation. This means that the broker is not a safe forex broker. You may encounter fraud. We recommend that you look for a regulated broker as an option.
Downsides of Kingdom
- Unavailable Website
Kingdom's official website is currently inaccessible. We can not get first-hand information from its website.
- Lack of Transparency
We can not find any useful information about Kingdom online. Its safety and legitimacy cannot be verified.
- Regulatory Concerns
Kingdom currently operates without valid regulation. Its safety and legitimacy are doubtful.
- Withdrawal Difficulty
According to an exposure on WikiFX, a user encountered difficulties with fund withdrawals.
- Scam Risk
According to an exposure on WikiFX, a user did a return on investment and he was scammed of 200k.
Negative Kingdom Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are 3 pieces of Kingdom exposure in total. I will introduce 2 of them.
Exposure 1. Scam risk
| Classification | Scam |
| Date | 2021-08-06 |
| Post Country | Nigeria |
The user said that he did a return on investment and he was scammed for 200k. You may visit: https://www.wikifx.com/en/comments/detail/202108054762668272.html
Exposure 2. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | 2019-05-14 |
| Post Country | Hong Kong China |
The user said that the fund was said to be frozen by Shenzhen police and could be withdrawn after the new year. But the company cannot be contacted either on Wehcta or on QQ. You may visit: https://www.wikifx.com/en/comments/detail/208051841313583.html
Conclusion
It is risky trading with Kingdom. Many users encountered the difficulties of withdrawing. Therefore, we don't recommend this broker. Instead, you can choose regulated brokers with transparent operations so that the safety of your fund can be ensured.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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