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Broker Kiexo – reviews of scam platforms, why traders lose money
To the event is an investment company focused on providing services in the field of online investments. Since its founding, the fake broker has stated its mission as helping traders to successfully trade in online markets, promising favorable terms of cooperation, fast order execution, high security of funds and high-quality technical support. The statements listed above do not correlate with reality in any way. Ex-clients actively criticize Kiexo, accusing the counterparty of illegal, fraudulent actions.
|Year of foundation
|Regulation and jurisdiction
Saint Vincent and the Grenadines
Doesn’t pay money
St. Vincent and the Grenadines, Suite 305, Griffith Corporate Centre, Beachmont
- Loyalty requirements for the first deposit
- Offshore registration
- Negative reviews
- No withdrawal of money
|Types of accounts
“Beginner”, “Explorer”, “Trader”, “Trader Pro”, “Expert”, “Expert Pro”, VIP, VIP PRO
Bank transfer, crypto, Visa, Mastercard
CFD Forex, cryptocurrencies, raw materials, energy, stocks, indices
“Kitchen” without documents cunningly cleans the pockets of Russians, 99% have no idea about the divorce
What is known about the broker Kiexo
According to information from open sources, the project founded in August 2020. This is confirmed by the domain registration datekiexo.org and the time of appearance of the first reviews about the company on the Internet. Sharaga registered on the islands of Saint Vincent and the Grenadines, which is an offshore zone. The choice of a dubious jurisdiction raises certain concerns, as such countries are often used to evade supervision and regulation.
On a fake broker’s website there is no information about the license, which indicates the lack of permission for financial activities. The company is not regulated by financial authorities, and traders deceived by a scam cannot count on protection from financial auditors.
Based on the information presented, it can be concluded thatKiexo is an offshore registered broker with no clear licensing or regulation information, raising questions about its credibility and legality of operation. It is also worth considering that the lack of a license and transparency in the company’s work can mean a high risk for investors.
Fake advantages of the office:
- office administration emphasizes its many years of experience and consideration of the diversity of values, cultures and requirements of clients around the world;
- organization offers 24/7 support and educational tools for traders;
- scammer focuses on the safety and protection of client funds;
- company offers a wide range of investment products for trading.
The broker continues to serve traders from Russia, without having SRO status and a license from the Central Bank of the Russian Federation. The office is deliberately breaking the law. Traders do not have a single argument in favor of trading withKiexo official site the project does not contain useful information about trading, only empty guarantees and promises.
Terms of trading with a broker Kiexo
To the event offers its clients trading on the MetaTrader 5 (MT5) platform, which is multi-market and allows for technical analysis, copying transactions and using automatic trading systems. The terminal is available both in a web version and in applications for mobile devices, which provides flexibility and convenience in trading.
However, this does not matter, because the broker does not work with liquidity providers, preferring to manage quotes independently. Transactions are not released to real markets. This is an ordinary kitchen trading against the orders of its own clients.
Scam promises 1500 trading instruments:
- currency pairs;
- energetic resources;
- shares of the world’s largest companies.
This provides ample opportunities to diversify the trading portfolio and select assets that match the individual strategies of traders. At the same time, scammers refuse to publish contract specifications.
The company offers 8 different types of trading accounts, which allows each trader to find a suitable option depending on his trading style and financial capabilities. Islamic accounts are also available. The broker promises low spreads, free trading signals and fast order execution. There is no demo account, so it is impossible to test the platform without the risk of losing money.
Key trading parameters:
- mminimum deposit: from 250 dollars;
- Toleverage: up to 1:400;
- bcons: bonuses are offered for the first deposit;
- withprev: floating;
- dadditional commissions: none;
- withpayment methods: bank transfer, bank cards (Visa, MasterCard), transfers via cryptocurrency.
Technical customer support is available via online chat, email and by phone number listed on the website.
The terms of trade cannot be called favorable. The broker only creates the appearance of productive activity. Nobody believes promisesKiexo investments opening an account will result in financial losses.
Inconsistencies in the user agreement Kiexo
The broker has big problems not only with legal, but also with internal documentation. Analysis of the client agreement revealed a lot of critical problems:
- V the user agreement states that the brokerKiexo has the right to change the terms of the agreement at any time without prior notice to its clients (clause 1.4). This means that traders will experience unexpected changes in trading conditions that will negatively impact their trading and finances;
- V The document also states that for violation of the terms of the user agreement, the broker has the right to impose fines on traders and block their accounts. This is actively used by fraudsters as a tool to unjustifiably deprive clients of access to their funds;
- brocker reserves the right to change key trading parameters such as spreads and leverage. Such changes will lead to unexpected losses for traders;
- V the agreement states that the broker is not responsible for financial losses of clients caused by technical violations in the operation of the trading platform;
- Toclients, by accepting the terms of the agreement, automatically agree that they do not have the right to make claims against the broker.
These terms of the user agreement create significant risks for traders and indicate potentially unfair practices of the brokerKiexo review The document once again confirmed the high non-trade risks of cooperation with the project under consideration.
Broker Kiexo – guaranteed SCAM. The company conducts illegal activities in Russia and other jurisdictions. There are no financial regulation licenses. The company’s analysts deliberately recommend drain signals to novice traders in order to pocket other people’s savings. When it comes to cashout, the scammers start to freeze and block the consideration of withdrawal requests.
Broker reviews Kiexo
On the TrustViper websiteIgor describes the brokeras a fraudulent company, claiming that its goal is to extract as much money from customers as possible. He mentions that many people have faced similar problems. Separately, the trader notes the negative experience of working with analyst Nikolai Pechura. Employee company behaved arrogantly and used manipulation. The trader also mentions problems with withdrawals.
On the Vsypravda website Mira shares her experience of working with Kiexo, claiming that her deposit was lost to zero, and she was accused of lack of knowledge and experience. She points out that before making the deposit she was promised help and training, but in the end all the trades offered by the broker turned out to be unprofitable.
On the Scaud Info website, users also criticizeKiexo reviews filled with complaints about various manipulations. Traders are convinced that they are scammersThey never return money to clients, coming up with various reasons for this. Investors write that most positive reviews about the company are paid and that real comments can be found on YouTube.
An overall analysis of comments from open sources indicates serious allegations against Kiexo, including fraud, problems with withdrawal of funds, manipulative behavior of analysts. Sharaga is ready to promise anything to persuade a gullible newbie to make a deposit. Scammers make money exclusively from the financial losses of users.
Trade with Kiexo – it’s a waste of time. The broker will make every effort to take the trader’s money. The only way to restore justice in such a situation is make a chargeback. Write to our specialists, they will tell you in detail what exactly is necessary to compensate for financial losses and bring those responsible for fraud to justice.
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