Below is a comprehensive analysis of Kaarat, LLC, based on the provided criteria, including online complaint information, risk level assessment, website security tools, WHOIS lookup, IP and hosting analysis, social media presence, red flags, potential risk indicators, website content analysis, regulatory status, user precautions, and potential brand confusion. The analysis draws from available web sources, critical evaluation, and general knowledge about assessing online brokers.
Online complaints about Kaarat, LLC (operating as Kaarat, with the website https://kaarat.com/) reveal significant concerns from users, particularly regarding its operations as a forex and CFD broker. Key complaints include:
Lack of Transparency and Licensing: Multiple users report that Kaarat avoids discussing its regulatory licenses when questioned. One user noted that Kaarat employees dodged questions about licensing twice, raising suspicions about the company’s legitimacy.
High-Risk Trading Conditions: Complaints highlight Kaarat’s high leverage (up to 1:400 or 1:500), which is considered excessive and risky, far exceeding the limits set by reputable regulators (e.g., 1:30 in Europe, 1:50 in the U.S.). High leverage increases the risk of significant financial losses, especially for inexperienced traders.
Withdrawal Issues: Users report difficulties withdrawing funds, with some experiencing delays, unexpected fees, or outright inability to access their money. One user mentioned investing $10,000 but being unable to access their account after it was “frozen.”
Aggressive Sales Tactics: Several reviews describe Kaarat pressuring users to deposit additional funds (e.g., persuading a user to deposit $1,000 after an initial $250). This is a common tactic among unregulated brokers to extract more money from clients.
Poor Customer Support: Users frequently cite slow or unresponsive customer support, with some describing interactions as rude or unhelpful. For example, one user was told that significant slippages (trades executing at unintended prices) were “normal,” despite causing losses.
Suspicion of Scam Behavior: Some users explicitly label Kaarat as a potential scam, citing experiences like account freezes, inability to recover funds, and manipulative trading conditions. Reviews on platforms like scamrecovery.net and WikiFX warn that Kaarat may be designed to defraud investors.Assessment: The volume and consistency of complaints suggest Kaarat engages in practices typical of high-risk or potentially fraudulent brokers. Issues like withdrawal difficulties, aggressive sales, and lack of transparency are red flags commonly associated with unregulated or scam operations.
Based on available information, Kaarat’s risk level is high due to the following factors:
Unregulated Status: Kaarat is not licensed by any major regulatory authority (e.g., FCA, SEC, ASIC, CySEC). While some sources claim it is “regulated” by the St. Vincent and the Grenadines Financial Services Authority (SVGFSA), this is a low-tier regulator with minimal oversight and enforcement capabilities. Offshore jurisdictions like St. Vincent are often used by brokers to avoid stringent regulations.
High Leverage: Offering leverage up to 1:400 or 1:500 is unusually high and risky, as it can lead to rapid losses, especially for retail traders. Most reputable regulators cap leverage at much lower levels to protect investors.
User Losses: Kaarat’s risk disclosure reportedly states that over 70% of clients lose funds, which is consistent with high-risk trading environments.
Complaints and Scam Allegations: The prevalence of user complaints about fund recovery, account freezes, and manipulative practices increases the likelihood of financial loss.
Lack of Major Platform Support: Kaarat does not offer industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), instead using a proprietary platform. This limits transparency and raises concerns about trade manipulation.Risk Level: High. Traders face significant risks due to the lack of regulation, high leverage, and reported operational issues. Only experienced traders with a high risk tolerance should consider engaging, and even then, caution is warranted.
Kaarat’s website (https://kaarat.com/) claims to implement security measures, but the specifics are limited and raise concerns:
Encryption: Kaarat reportedly uses website encryption to protect user data, which is a standard practice for financial platforms. This likely includes SSL/TLS encryption, as evidenced by the “https” protocol.
Account Authenticators: The broker claims to use multi-device linkage and authenticators to enhance account security, creating a failsafe against compromised devices.
Limited Details: Beyond these claims, Kaarat provides little technical detail about its security infrastructure (e.g., firewall protections, intrusion detection systems, or data storage policies). Reputable brokers typically disclose more robust security frameworks.
Potential Weaknesses: User complaints about account freezes and inability to access funds suggest potential issues with backend security or intentional restrictions, which could undermine the effectiveness of stated security measures.Assessment: While Kaarat claims to use basic security tools like encryption and authenticators, the lack of detailed information and user-reported issues (e.g., frozen accounts) suggest that security may be inadequate or inconsistently applied. Traders should verify the presence of a valid SSL certificate and ensure two-factor authentication (2FA) is available before engaging.
A WHOIS lookup for https://kaarat.com/ provides the following insights:
Domain Registration: The domain kaarat.com was registered on or before 2021, as Kaarat Ltd. is noted to have been founded in 2021 with an operating number (26155BC2021).
Registrar: The WHOIS data is not publicly detailed in the provided sources, but Kaarat’s registration in St. Vincent and the Grenadines suggests it may use a registrar that allows privacy protection, a common practice for offshore entities.
Registrant Information: The registrant is likely Kaarat Ltd., with a registered address at 180 Kingstown, St. Vincent and the Grenadines. However, WHOIS privacy services may obscure the true registrant’s identity, which is a potential red flag for transparency.
Domain Age: The domain’s age (approximately 4 years as of 2025) suggests some operational history, but this alone does not confirm legitimacy, as scam brokers can operate for years before shutting down.
Assessment: The WHOIS data aligns with Kaarat’s claimed identity as Kaarat Ltd., but the use of an offshore jurisdiction and potential WHOIS privacy raise concerns about transparency. Traders should be cautious, as offshore entities can disappear or change domains to evade accountability.
While specific IP and hosting details for kaarat.com are not provided in the sources, general analysis based on typical broker practices and the available information suggests:
Hosting Location: As an offshore broker based in St. Vincent and the Grenadines, Kaarat’s servers may be hosted in a jurisdiction with lax data protection laws. This could pose risks for data security and user privacy.
Content Delivery Network (CDN): Kaarat’s website supports multiple languages and claims global accessibility, suggesting the use of a CDN (e.g., Cloudflare) to improve performance. However, no sources confirm this.
IP Reputation: Without specific IP data, it’s unclear if Kaarat’s IP has been flagged for malicious activity. However, user complaints about account issues and potential scams suggest that the platform’s infrastructure may not be entirely trustworthy.
Hosting Provider: The hosting provider is likely a third-party service catering to financial platforms, but the lack of transparency about server locations or providers is concerning.
Assessment: The absence of detailed IP and hosting information limits the ability to assess this aspect fully. Traders should use tools like VirusTotal or WHOIS.domaintools.com to check the IP reputation and hosting provider for kaarat.com. Offshore hosting could increase risks related to data security and regulatory oversight.
Kaarat’s social media presence is mentioned in some sources but lacks depth:
Claimed Presence: Kaarat offers customer support via social media, alongside email and live chat, suggesting accounts on platforms like Twitter/X, Facebook, or LinkedIn.
Engagement: No specific details are provided about the size, activity, or authenticity of Kaarat’s social media accounts. Reputable brokers typically maintain active, verified accounts with significant follower engagement, which Kaarat does not demonstrably have.
Red Flags: The lack of verifiable social media activity (e.g., links to official accounts or user interactions) raises concerns. Scam brokers often create minimal or fake social media profiles to appear legitimate without investing in genuine engagement.
Assessment: Kaarat’s social media presence appears limited or poorly documented, which is a red flag for a broker claiming to serve a global audience. Traders should verify the authenticity of any social media accounts and check for consistent, professional engagement before trusting the platform.
Several red flags and risk indicators emerge from the analysis:
Unregulated Status: Kaarat’s lack of licensing from major regulators (e.g., FCA, SEC, ASIC) and reliance on an offshore jurisdiction (St. Vincent and the Grenadines) increase the risk of fraud or insolvency.
High Leverage: Offering leverage up to 1:400 or 1:500 is excessive and risky, often used to attract inexperienced traders while exposing them to significant losses.
Withdrawal Issues: Complaints about frozen accounts, delays, or inability to withdraw funds are strong indicators of potential scam behavior.
Aggressive Sales Tactics: Pressuring users to deposit more money is a common tactic among fraudulent brokers.
Proprietary Platform: The absence of industry-standard platforms (MT4/MT5) raises concerns about trade transparency and potential manipulation.
Poor Customer Support: Slow, unresponsive, or rude support is a recurring complaint, suggesting Kaarat may not prioritize client needs.
Lack of Transparency: Kaarat’s avoidance of licensing discussions and limited disclosure about its operations (e.g., server details, security protocols) undermine trust.
Scam Allegations: Multiple sources, including scamrecovery.net and WikiFX, label Kaarat as a potential scam, citing user experiences and lack of regulation.Assessment: The presence of multiple red flags—unregulated status, high leverage, withdrawal issues, and scam allegations—indicates that Kaarat poses significant risks to users. These indicators align with characteristics of fraudulent or unreliable brokers.
Kaarat’s website (https://kaarat.com/) promotes itself as a modern, user-friendly trading platform, but critical analysis reveals concerns:
Claims and Features:
Broad Asset Portfolio: Kaarat advertises access to over 1,200 products, including forex, commodities, stocks, indices, and cryptocurrencies. This is appealing but not unique, as many brokers offer similar portfolios.
Proprietary Platform: The website highlights a custom web-based platform with advanced tools, mobile trading, and copy trading features. However, the lack of MT4/MT5 support is a drawback for experienced traders.
Account Tiers: Kaarat offers four account types (Basic, Standard, Premium, VIP) with a minimum deposit of $250 for the Basic account. Higher tiers require deposits up to $50,000, which may pressure users to invest more.
Education Tools: The website emphasizes trading education, but user reviews describe the materials as “awful” and unhelpful, contradicting these claims.
Design and Navigation: The website uses a modern “Corporate Memphis” visual style, which is visually appealing and aligns with tech-savvy branding. Navigation is intuitive, with easy access to account details and support options.
Transparency Issues: While Kaarat provides legal documentation (e.g., Terms and Conditions), it lacks detailed disclosures about its regulatory status, operational history, or security infrastructure. This is a common tactic among questionable brokers to appear legitimate without full accountability.
Risk Disclosure: The website includes a risk disclosure stating that 70%–90% of retail investors lose money, which is standard but underscores the high-risk nature of trading with Kaarat.Assessment: The website is professionally designed and promotes a wide range of trading features, but its claims (e.g., robust education, reliable platform) are undermined by user complaints and the lack of regulatory transparency. The emphasis on high leverage and large deposits raises concerns about predatory practices.
No Major Regulation: Kaarat is not licensed by top-tier regulators such as the Financial Conduct Authority (FCA), Securities and Exchange Commission (SEC), Australian Securities and Investments Commission (ASIC), or Cyprus Securities and Exchange Commission (CySEC).
Offshore Registration: Kaarat operates as Kaarat Ltd., registered in St. Vincent and the Grenadines with operating number 26155BC2021. The St. Vincent and the Grenadines Financial Services Authority (SVGFSA) is mentioned as a regulator in some sources, but this authority provides minimal oversight and is not considered reputable.
Risk Implications: Operating from an offshore jurisdiction with lax regulation means that Kaarat is not subject to stringent financial oversight, increasing the risk of fraud, fund mismanagement, or sudden closure. In disputes, users may have limited legal recourse.
User Reports: Complaints about Kaarat’s refusal to discuss licensing and its lack of verifiable regulatory credentials further confirm its unregulated status.Assessment: Kaarat’s lack of regulation by a reputable authority is a major red flag. The SVGFSA’s oversight is insufficient to ensure client protection, making Kaarat a risky choice for traders seeking a secure and accountable broker.
To mitigate risks when considering Kaarat, users should take the following precautions:
Verify Regulation: Confirm Kaarat’s regulatory status directly with the SVGFSA or other claimed regulators. Avoid brokers without licenses from top-tier authorities (e.g., FCA, SEC, ASIC).
Start Small: If engaging with Kaarat, begin with the minimum deposit ($250) and avoid depositing larger amounts until the platform’s reliability is confirmed.
Test Withdrawals: Attempt a small withdrawal early to verify the process. Be wary if Kaarat imposes delays, fees, or additional deposit requirements.
Use Secure Connections: Ensure all interactions with kaarat.com occur over a secure (https) connection and enable 2FA if available.
Research Complaints: Review user feedback on platforms like Forex Peace Army, WikiFX, or scamrecovery.net to stay informed about ongoing issues.
Avoid High Leverage: Refrain from using Kaarat’s high leverage (1:400 or 1:500), as it significantly increases the risk of losses.
Document Interactions: Keep records of all communications with Kaarat, including emails, chats, and phone calls, to support potential disputes or recovery efforts.
Seek Professional Advice: Consult a financial advisor or legal expert before investing, especially with unregulated brokers.
Monitor Accounts: Regularly check account activity for unauthorized transactions or freezes, and report issues immediately.
Assessment: Users must exercise extreme caution with Kaarat due to its unregulated status and reported issues. Limiting exposure, verifying processes, and staying informed are critical to minimizing risks.
Kaarat’s branding and domain (kaarat.com) may cause confusion with other entities, potentially intentional or coincidental:
Similar Names:
KaarTech (kaartech.com): A digital transformation company specializing in AI-driven services. Its similar domain and name could confuse users searching for Kaarat, especially since both position themselves as tech-focused.
Karrat (karratcoin.com): A decentralized gaming and cryptocurrency platform. The name “Karrat” is phonetically similar, and its focus on digital currencies overlaps with Kaarat’s cryptocurrency trading offerings, risking confusion.
Karat (karat.com): A company offering interview and hiring services, with a privacy policy dated April 2025. Its name is close to Kaarat, and its tech-oriented branding could lead to mistaken identity.
Kartra (kartra.com): A marketing platform with tools for email verification and CAPTCHA, which shares a similar name and tech focus. Users might confuse Kaarat with Kartra’s services.
Kratikal (kratikal.com): A cybersecurity firm offering VAPT and compliance services. Its name and security focus could be mistaken for Kaarat’s claimed security features.
Kaarat.net: A parked domain with no active content, which could be used for phishing or to capitalize on Kaarat’s name.
Domain Similarity: The use of “kaarat” in various domains (e.g., kaarat.com, kaarat.net, kaarat-ltd.com) suggests potential for intentional brand dilution or phishing attempts, especially if Kaarat is involved in questionable practices.
Industry Overlap: Kaarat’s focus on trading and cryptocurrencies overlaps with Karrat’s blockchain-based gaming, increasing the risk of users mistaking one for the other. Similarly, KaarTech and Kartra’s tech branding could confuse users seeking financial services.
Assessment: Kaarat’s name and domain are prone to confusion with other tech, financial, or crypto-related entities. This could be exploited by Kaarat to attract users seeking legitimate services or by bad actors to create phishing sites. Users should double-check URLs and company details to avoid engaging with the wrong platform.
Summary:
Kaarat, LLC (https://kaarat.com/) presents itself as a modern forex and CFD broker with a proprietary trading platform, broad asset portfolio, and user-friendly design. However, the analysis reveals significant concerns that classify it as a high-risk platform:
Regulatory Status: Unregulated by major authorities, with only a low-tier offshore registration in St. Vincent and the Grenadines.
User Complaints: Widespread reports of withdrawal issues, aggressive sales tactics, poor customer support, and scam-like behavior.
Risk Indicators: High leverage (1:400–1:500), proprietary platform, and lack of transparency increase financial and operational risks.
Security and Transparency: Basic security claims (encryption, authenticators) are undermined by user-reported issues and limited disclosures.
Brand Confusion: Similar names and domains (e.g., KaarTech, Karrat, Karat) pose risks of mistaken identity or phishing.
Recommendations:
Avoid Engagement: Due to the high risk of financial loss and reported scam behavior, most users should avoid trading with Kaarat. Consider brokers regulated by top-tier authorities (e.g., FCA, SEC, ASIC) instead.
Conduct Due Diligence: If considering Kaarat, verify its regulatory status, test withdrawals, and start with minimal deposits. Use independent review platforms like Forex Peace Army or WikiFX for updated feedback.
Protect Personal Data: Use secure connections, enable 2FA, and avoid sharing sensitive information until Kaarat’s legitimacy is confirmed.
Report Issues: If you experience problems (e.g., withdrawal delays, account freezes), report them to local financial authorities and seek assistance from services like MyChargeBack for fund recovery.
Check for Brand Confusion: Ensure you are interacting with kaarat.com and not a similar domain or company. Verify the company’s address and operating number (26155BC2021) directly.
Final Verdict: Kaarat, LLC exhibits multiple characteristics of an unreliable or potentially fraudulent broker. The lack of regulation, user complaints, and operational red flags outweigh its appealing website and claimed features. Traders should prioritize regulated alternatives to ensure safety and accountability.
If you need further analysis (e.g., specific IP checks, deeper social media investigation, or comparison with other brokers), please let me know, and I can refine the response or conduct additional research where possible.
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