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KINGS FINANCE -

Score

1.59 /10
Danger

KINGS FINANCE

New Zealand

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

http://www.kingsguowang.com

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Comparison

Quantity 5

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.59

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

KINGS FINANCE

Company Abbreviation

KINGS FINANCE

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 494146) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Scam platform!

A man called Wang added me and asked me trade forex. He induced me to deposit $22000. In fact, it was a virtual market. He made me earn $1000 at first and then made me lose a lot. Their people keep asking me to deposit. God dammed scammers! They are still scamming around!

FX6729337932
2018-06-05 18:05
Others

Scam platform KINGS FINANCE

My name is Chen. KINGS FINANCE’s salesman invited and induced people on QQ to trade on their platform. Their so-called investment instructors gave people wrong directions to make them lose and asked them deposit more when their margin runs out. They banned my account after I complained them. Be alert, people.

2637413227
2018-09-14 03:13
Unable to Withdraw

KINGS FINANCE scammed me

This is a real f**king scam platform! A man called Wang added me on QQ and invited me to a stock group. And then introduced me to a forex group. He sent me many of his profit-making screenshots to induce me deposit on KINGS FINANCE. He made me earn a little at first and lose a lot after. I lost altogether $22000. They shut everything and fled.

FX6729337932
2018-05-03 02:09
Scam

Fraud platform KINGS FINANCE

In September,2019,I entered a group accidentally.The teacher in the group taught on stock,then he said the market was not good and induced us to trade forex.Since I opened the account,I have made losses.Then the account was operated by others.With his operation,I made a loss of $22000 directly.It is useless to call the police and make complaints.The account was in upgrading since March 20th.But I couldn’t log in yet now.

FX6729337932
2018-04-18 18:21
Scam

King financial claims that formal platform, induction into the gold has been investigated

I opened an account in June 2017 on the recommendation of the account manager liu liang. As liu liang introduced that low commission fees could be obtained through the agency qualification, I used Chen X to register an account as an agent on June 26, 2017, and the agent account was cj888.Account no. XX: 882332;Chen X's account number is 882322.Liu XX account number is 882529;After the use of only zhang yuping account for transactions, was informed by liu liang to cancel the agency qualification, must register other accounts into liu liang account and then transactions.On December 5, 2017, I registered an agent account with the identity of XX. The account number is zzl88888 and the account number of square X is 886429.The bank CARDS I have traded on this platform are as follows: from the very beginning, customer manager liu liang always made profits with the bigger the capital, and the rate of return could be as high as dozens of times, or even ten million dollars, and other reasons and examples to induce me to continuously inject funds.In order to raise funds, I have borrowed money from over 30 households with a total of more than 50 people. The total amount of the loan is 21.06 million yuan (twenty-two million and sixty thousand yuan).King financial cannot provide the delivery slip at all. The customer service reply is ambiguous. Now we have reported the case to the public security bureau and accepted it.

WANGZHEZHIFENG
2019-01-04 22:50
KINGS FINANCE · Company summary

Note: Since KINGS FINANCEs official site (http://www.kingsguowang.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

KINGS FINANCE is allegedly a brokerage company created on the 7th of February in 2017 and claims to be regulated by the New Zealand FSP with registration number 494146. However, the registration number has not obtained the FMA license required by New Zealand's new financial regulations. The broker also provides its clients with the industry-standard MetaTrader4 trading platforms. Other more detailed information about this broker is not specified on the Internet.

Trading Platform Available

When it comes to trading platforms available, KINGS FINANCE gives traders the worlds most widely-used Metatrader4 trading platform. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options.

Deposit & Withdrawal

The minimum deposit and withdrawal amount provided by KINGS FINANCE is said to be $100, yet we cant find any specific information about the deposit and withdrawal payment methods on the Internet.

Customer Support

KINGS FINANCE‘s customer support can be reached by telephone: 006493796768, email: support@kingsfintech.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.\

User Reviews

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User comment

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Comments

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Rajesh Kumar Sharma
more than one year
Their trading platform is a hot mess. I've had my fair share of slippage disasters, like this one time trading oil on their platform – tried to enter at $70, ended up getting in at $70.50! The execution prices are miles away from what I'm aiming for. Not cool, Kings Finance, not cool at all.
Their trading platform is a hot mess. I've had my fair share of slippage disasters, like this one time trading oil on their platform – tried to enter at $70, ended up getting in at $70.50! The execution prices are miles away from what I'm aiming for. Not cool, Kings Finance, not cool at all.
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2024-02-01 18:48
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晴天67197
more than one year
You know what? I'm gonna be real with you. KINGS FINANCE just ain't it. I had the misfortune of trying them out and let me tell you, it was a complete disaster. They straight-up lied to me about depositing funds and then hit me with some crazy high spreads when I finally did. And don't even get me started on trying to withdraw my money - it was like pulling teeth! After all that nonsense, there's no way in heck I'm ever going back to them.
You know what? I'm gonna be real with you. KINGS FINANCE just ain't it. I had the misfortune of trying them out and let me tell you, it was a complete disaster. They straight-up lied to me about depositing funds and then hit me with some crazy high spreads when I finally did. And don't even get me started on trying to withdraw my money - it was like pulling teeth! After all that nonsense, there's no way in heck I'm ever going back to them.
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2023-03-27 10:14
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