The Official Website Of KPG PRIME LTD Cannot Be Accessed Normally At Present. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-23 We Have Confirmed After Review That KPG Prime Is An Unregulated Forex Broker
KPG Prime Claims That It Is One Of The Top Online Brokers That Are Highly Regulated, But Does Not Mention Any Details About Its Regulation. Lack Of Regulatory Information May Be Characteristic Of Unlicensed Traders, As Compliance Dealers Always Display Their Certificates And Business Licenses In A Conspicuous Place. This Is A Red Flag.
In Addition, We Found A Company Named KPG PRIME LTD In The US Regulator National Futures Association (NFA). However, This Company Is Not Effectively Regulated By The NFA Because It Is Not A Registered Member Of This Regulator.
In Fact, KPG Prime Is Not Regulated By Any Regulator. The Funds Invested By Investors In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Broker.
Since We Cannot Access The Broker's Website Now, We Cannot Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That KPG PRIME LTD Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: KPG PRIME LTD As A, Unregulated Broker, This Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
