Kranken FX Review : Fees, Pros and Cons, Reviews by Real Traders

Kranken FX

Operating status: SCAM

Website: https://krankenfxtrade.com/

Broker violations and abnormal records

Feb 05, 2023 The UK FCA Added Kranken FX into Its Warnings
On 6 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Kranken FX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/kranken-fx

On 6 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Kranken FX may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/kranken-fx
Feb 08, 2023 BrokersView has reviewed that Kranken FX is an Unregulated Forex Broker
The design of Kranken FX's website is very suspicious. The corresponding domain name of the website shows the company name as "Kranken Fx", but when we click into the lower part of the website page, it shows the company name as "Wave Capital Inc. There is no statement on the website that Kranken Fx is related to Wave Capital Inc.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, Kranken FX is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

The design of Kranken FX's website is very suspicious. The corresponding domain name of the website shows the company name as "Kranken Fx", but when we click into the lower part of the website page, it shows the company name as "Wave Capital Inc. There is no statement on the website that Kranken Fx is related to Wave Capital Inc.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, Kranken FX is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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