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Warning Against Kwakol Markets

WikiFX | 2024-12-11 15:13

Abstract:Avoid Kwakol Markets or you will lose your valuable money! This broker is on the Financial Conduct Authority's radar. The authority recently issued a warning against Kwakol Markets.

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Avoid Kwakol Markets or you will lose your valuable money! This broker is on the Financial Conduct Authority's radar. The authority recently issued a warning against it.

Unauthorised firm details

Name: Kwakol Markets / kwakolmarkets.com

Address: 291 Brighton Road, South Croydon, London, UNITED KINGDOM

291 Brighton Road, South Croydon, London, UNITED KINGDOM

Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja, NIGERIA

Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja, NIGERIA

Email: support@kwakolmarkets.com,

support@kwakolmarkets.com,

info@kwakol.com,

info@kwakol.com

Website: www.kwakolmarkets.com, www.kwakolmarkets.com, www.kwakol.com, www.kwakol.com

Social Media Details: Facebook: @Kwakolmarkets

Instagram: @Kwakol_markets

img_v3_02hf_6f524029-af69-40a3-af42-dde7beb4695g.jpg

The authority officially stated that this firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.

Almost all firms and individuals must be authorised by us to carry out or promote financial services in the UK.

WikiFX Review

img_v3_02hf_f31fb97b-63be-4e37-84ee-771136d8928g.jpg

According to WikiFX, Kwakol Markets is an unlicensed broker. The broker has a low score of 1.95 out of 10. It also stated that-

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

In the past three months, WikiFX has received 9 complaints about this broker. Please be aware of the risk and potential scam!

About FCA

img_v3_02hf_c336afa9-35f9-44f6-8514-ab39989017cg.jpg

Financial Conduct Authority (FCA) is a regulatory body in the UK. The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.

Why settle for an app that offers limited features when you can have it all? WikiFX is your one-stop shop. It keeps you up-to-date with the latest market news and also empowers you to make informed decisions with its comprehensive broker evaluation tools. Assess a broker's regulatory status, read reviews, and check the broker's reliability & history—all in one place! Visit the WikiFX website now and transform your trading experience.

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Related broker

Not Regulated
Kwakol Markets
Company name:Kwakol Markets
Score
1.51
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.51

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