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Kings Option Trade Ltd
Operating status: SCAM
Website: https://kingsoptiontrade.com/
Broker violations and abnormal records
According to its website, it claims to be registered with multiple regulatory bodies. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Vanuatu Financial Services Commission (VFSC), or European Securities and Markets Authority (ESMA).
In addition, it claims regulated by the Cyprus Securities and Exchange Commission (CySEC) with license 171/12. Upon investigation, we found that the website information registered with CySEC differs from Kings Option Trade. Kings Option Trade has stolen the regulatory information of compliant companies to pretend to be legal. Investors are advised to stay away and do not deposit money here.
In essence, Kings Option Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Kings Option Trade appears to be a scam.
According to its website, it claims to be registered with multiple regulatory bodies. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Vanuatu Financial Services Commission (VFSC), or European Securities and Markets Authority (ESMA).In addition, it claims regulated by the Cyprus Securities and Exchange Commission (CySEC) with license 171/12. Upon investigation, we found that the website information registered with CySEC differs from Kings Option Trade. Kings Option Trade has stolen the regulatory information of compliant companies to pretend to be legal. Investors are advised to stay away and do not deposit money here.In essence, Kings Option Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Kings Option Trade appears to be a scam.
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