KFCP Information Revealed

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

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.

Pros and Cons

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!

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.

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.

Trading Platform

Deposit and Withdrawal

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