The Official Website Of KALO Is Currently Not Accessible. The Company Appears To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-03-04 We Have Reviewed And Confirmed That KALO Is An Unregulated Foreign Exchange Dealer
KALO Claims To Be Owned And Operated By KALO GLOBAL LIMITED And Claims That KALO GLOBAL LIMITED Is A UK Company Regulated By The Financial Conduct Authority (FCA). However, The Broker Does Not Mention Its Regulatory Information Or Company Details On The Website. The Lack Of Such Information May Be Characteristic Of Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Operating Licenses In A Conspicuous Position.
After Further Investigation Of The Dealer, We Found That The So-called FCA Regulation Is Meaningless And False, As We Did Not Find Any Results In The FCA That Matched The Dealer. Therefore, KALO Is Not Regulated By Any Financial Regulator. This Means That The Funds Invested By Investors In This Dealer Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
2022-07-08 We Found That The KALO Webpage Has Expired
On July 8, 2022, We Found That Http://kalofx.com/en/this Domain Name Has Expired, And It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
Since We Can't Access The Broker's Website Now, We Can't Get More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Supervision, It Has Been Verified That KALO Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: KALO As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company 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 And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
