Score
KDFX
http://kdfxfund.com/eng.html
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No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$10,000
- Minimum Spreadfrom 0.3
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- CommissionCom 3$ per lot
- Products--
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Website
kdfxfund.com
103.4.219.231Server LocationThailand
ICP registration--Most visited countries/areas--Domain Effective Date2017-11-18WebsiteWHOIS.WEBNIC.CCCompanyWEB COMMERCE COMMUNICATIONS LIMITED DBA WEBNIC.CC
Genealogy
Relevant Enterprises
Company Summary
General Information & Regulation
KDFX is a trading name of KDFX COMPANY LIMITED, which is registered in St. Vincent and the Grenadines. They say to be licensed by the local Financial Services Authority (FSA). That, however, is misleading as the FSA of St. Vincent and the Grenadines simply does not issue licenses to forex and CFD brokers. so it is unsafe to trade with this broker.
Market Instruments
Tradable instruments available on the KDFX platform include forex currency pairs, stocks, Gold, CFDs.
Minimum Deposit
In terms of minimum initial deposit, for a Standard Account you will have to invest at least 2000 USD, while for a VIP Account the minimum deposit is 10 000 USD. This requirement by KDFX is far too high, especially for this unregulated broker.
Leverage
Leverage of up to 1:1000, as offered by KDFX is basically as high as it can get. It surely fits even the most aggressive trading style, but our advise is to use leverage with caution as it is associated with higher risk
Spreads & Commissions
Spreads as advertised on the KDFX website seem quite attractive. Even with their Mini Account spreads are said to start at just 0,6 pips, without a commission on the trade. With the Standard Account spreads are even better – starting form 0,3 pips, again without a commission. For the premium VIP Account spreads are advertised to start at 0,3 pips as well, but this time with a commission of 3 USD per lot.
Trading Platform Available
KDFX supports MetaTrade4 and this is good news. The platform is well known to most traders. It features a variety of charting tolls and market indicators, as well as the option to run automated trading sessions, using specially designed trading robots, which are also easily customizable.
Deposit & Withdrawal
You can fund your account at KDFX with major credit cards like VISA, MasterCard, JCB and American Express, bank wire and Union Pay.
Customer Service
Traders can chat with KDFX through the email ( admin@secure.kdfx.org), as well as Line (ID:@kdfx), or directly visiting this brokers office.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
User Reviews 4
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สมพง พระประแดง
Thailand
Unable to withdraw. Where is my money?
Exposure
Unchisa Thongkeeree
Thailand
Don’t invest here.
Exposure
FX1914240817
Thailand
My withdrawal has been delayed for a year
Exposure
FX1914240817
Thailand
I closed my position on October 21, 2019. But I haven't received my funds yet. They are slow in answering my questions and refuse to offer any information.
Exposure