Score

1.35 /10
Danger

KFCP

United Kingdom

2-5 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.35

Risk Management Index0.00

Software Index4.37

License Index0.00

Time Machine
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

open now

Regulatory disclosure

Danger

UK FCA
2023-12-21
KFCP
KFCP

Broker Information

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Company Name

KFCP GLOBAL LIMITED

Company Abbreviation

KFCP

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

KFCP · Company summary

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

KFCP Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, CFDs, futures, currencies, indices, cryptos, commodities
Demo Account($100,000 in virtual capital)
Leverage1:400
EUR/USD Spread2.7 pips
Trading PlatformWeb-based
Min Deposit/
Customer SupportEmail: info@kfcpfx.email

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.

KFCP's homepage

Pros and Cons

Pros Cons
Many tradable productsFalsely claims registration in the UK
Demo accountsUnregulated
FCA warning
High spreads set
Only accept crypto payments
Only email support

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!

FCA warning

What Can I Trade on KFCP?

Tradable Instruments Supported
Currencies
CFDs
Commodities
Indices
Stocks
Cryptos
Futures
Bonds
Options
ETFs
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.

Account comparison

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.

Currency PairSpread
EURUSD2.7 pips
GBPUSD2.5 pips
USDJPY3.5 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-basedWindows, iPhone, Android/
MT4/Beginners
MT5/Experienced traders
Web-based platform

Deposit and Withdrawal

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

User Reviews

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User comment

3

Comments

Write a review

Sophian
more than one year
KFCP rocks for those who wanna practice trading before going all in. Their demo account lets you test out your strategies without risking real money, and their educational stuff is really helpful and easy to get through. Whether you're new to trading or a pro, KFCP's got your back. Give 'em a try!
KFCP rocks for those who wanna practice trading before going all in. Their demo account lets you test out your strategies without risking real money, and their educational stuff is really helpful and easy to get through. Whether you're new to trading or a pro, KFCP's got your back. Give 'em a try!
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2024-07-09 12:03
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Broker43330
more than one year
I think it will be better if KFCP decrease the spread on Standard Account ( about 0.1 - 0.2 pips more ), since Razor has better spread+commission. ;)
I think it will be better if KFCP decrease the spread on Standard Account ( about 0.1 - 0.2 pips more ), since Razor has better spread+commission. ;)
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2024-06-14 15:48
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