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Company Name
KPF FX
Company Abbreviation
KPF
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Note: KPF's official website: https://www.kpffx.com/ is currently inaccessible normally.
KPF Information
Registered on 1995 and in United States, KPF offers forex services via MT4 platform. Traders can contact them via clientservice@kpffx.com. However, its NFA license has been listed as unauthorized and its website is not accessible.
Is KPF Legit？
 | National Futures Association (NFA) |
| Current Status | Unauthorized |
| Regulated by | United States |
| License Type | Common Financial Service License |
| License No. | 0514414 |
| Licensed Institution | KPF MARKET LIMITED |
KPF claims that it is regulated by the United States National Futures Association (NFA), which has a Common Financial Service License with the number 0514414. However, its regulatory status is currently listed as abnormal and officially marked as Unauthorized. Therefore, it cannot be regarded as a legit broker.
Downsides of KPF
- Unavailable Website: The KPF website is currently inaccessible, in which traders can't manage their accounts, learn about information, and so on.
- Unauthorized License: Though KPF claims it is regulated by NFA, it has been officially listed as unauthorized.
- Difficulty in withdrawal: Some traders claim KPF has a large withdrawal amount and they can not withdraw their money from KPF easily.
Negative KPF Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there were 8 pieces of KPF exposure in total. I will introduce 2 of them.
Exposure 1. Unable to withdraw money
| Classification | Unavailable Withdrawal |
| Date | February 12, 2019 |
| Post Country | Hong Kong China |
The user said the individual is unable to withdraw funds from the KPF. They have reached out to an advisor who suggested they trade with him. It appears that the payment company has evaporated. You may visit: https://www.wikifx.com/en/comments/detail/208022200511830.html.
Exposure 2. MT4 was disabled for no reason
| Classification | Scam |
| Date | January 5, 2019 |
| Post Country | Hong Kong China |
The user said their MT4 platform won‘t open and displays a message saying it’s stopped. You may visit: https://www.wikifx.com/en/comments/detail/208019043005002.html.
Conclusion
KPFs license NFA is listed as unauthorized and its website is unavailable. Furthermore, it has many negative reviews such as unable to withdraw and scams. In a word, KPF is not a good choice.
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