KONTOFX Forex Broker Review (2020)


KontoFX was an unregulated Forex Trading Broker, that opened in June 2018. Their web site is just not longer working!

In case you are having issues getting your a reimbursement, learn this.

KontoFX Broker Overview

Crypto Foreign money buyers at KontoFX have entry to the traditional MetaTrader4 buying and selling platform. This Forex Broker is providing buyers a white label webtrader software program that’s made by Panda, as you may see within the screenshot beneath.

At this Forex Broker you’ll solely discover about 30 underlying belongings for CFD buying and selling, on digital cash like; Bitcoin, Ethereum, Sprint, Cardano, Tether and Steller. The unfold on BTCUSD is $180 extensive, and plainly margin buying and selling / leverage is just not provided. You could find Forex Brokers with a lot tighter spreads and extra belongings, look right here.

Their web site and buyer assist is out there in English, German and Spanish. Cellular buying and selling apps have been listed as coming quickly since June. Account varieties at KontoFX present that smallest account requires a minimal deposit of $250.

WARNING!!! KontoFX is NOT Licensed by FCA or ASIC

Have a look at the Greatest Foreign exchange Brokers

KontoFX Crypto Trading Platform Review

Is KontoFX a Regulated Broker?

When the Rip-off Broker Investigator critiques a brand new Crypto Foreign money Forex Broker, we examine for a legitimate licensed to know if they’re one other scam or a respectable Forex Broker. All Forex Brokers that function in England should be licensed and authorised by the FCA. And all Forex Brokers in Australia, should maintain a license from ASIC.

KontoFX is just not a regulated Forex Broker. On Sept 29th 2018 the UK FCA printed this warning , and on Feb 4th 2019 ASIC printed this warning.

Konto FX is owned by NTMT Transformatic Markets OU, situated at: Harju maakond, Tallinn, Kesklinna linnaosa, Parda tn 4, 10151 Estonia. They’re operated by: Northside Enterprise Centres, 2nd and 4th flooring, BC91 Workplace constructing, Váci út 91, Budapest 1139, Hungary. Contact cellphone quantity in United Kingdom is: +441217263858, and buyer assist electronic mail is: [email protected]. Official web site is: https://www.KontoFX.com/.

Trading Signals Scam

Software program claiming to be featured on Dragons Den are all faux.

For Actual Automated Buying and selling Software program, look right here.

KontoFX Complaints

In accordance with the Forex Brokers web site, all withdrawal requests should be made in writing. So ensure you ship an electronic mail to all their electronic mail addresses.

There is no such thing as a automated withdrawal mechanism on their web site, and all requests are manually processed. Formally, your account must be verified, and your supply of funds must be verified additionally. That is the trigger for a lot of complications, as plainly the verification requests are by no means ending.

Should you verified your account, and nonetheless haven’t obtained your cash, then converse with MyChargeback.com.


Evaluate KontoFX Brokers

Good buyers ought to first evaluate their selections of on-line Foreign exchange Forex Brokers, and examine the most recent record of well-liked Forex Brokers.

ForTrade is the most effective Forex Broker for brand new buyers, as a result of their buying and selling platform is easy to make use of, look right here.

ForTrade is a respectable Forex Broker, since they’re regulated by the FCA and ASIC, learn extra.

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