Score

1.42 /10
Danger

Kwong

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.33

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Kwong · Company summary

Note: For some unknown reason, we cannot open Kwongs official site (https://www.kwongfx.com/en/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

General Information & Regulation

Kwong, a trading name of Kwong Capital Limited, is allegedly a forex broker incorporated on 9 July 2021 and registered in the United Kingdom that claims to provide its clients with the leading MetaTrader4 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that Kwong does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.25/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Kwong advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Trading Platform Available

The platform available for trading at Kwong is the worlds leading MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Customer Support

Kwong‘s registered office address: Flat 43 Perkins House, Wallwood Street, London, England, E14 7AH. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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