Is Kyolo Market Scam or Legitimate?
It is a scam website that operates without legal regulations. This raises concerns about the safety and security of traders. It needs to be cautious and consider working with a regulated broker. A regulated broker would provide a more reliable platform. It is strongly advised to avoid working with this platform.
They are an unregulated and unreliable platform for investment. They also do not provide any contact information. This includes an address, phone number, and social network links. Lack of transparency and communication is a red flag. Trustworthy brokers usually have many ways to contact customers and different service departments.
What Is Kyolo Market?
Kyolo Marketed Limited, a China-based company, has been operating for approximately one year. It is a famous Australian forex broker. It has a record of exceptional accomplishments. However, it is not reliable. It is a very risky platform and has no regulations.
Details of Kyolo
Regulated by: | Unregulated Offshore Broker |
Is This Company Safe? | The absence of licenses makes any site unsafe! |
Known Websites: | https://kyolo.net/en/index.html |
Have Warnings from: | N/A |
Registered in: | China |
Operating since: | Almost a year ago |
Trading Platforms: | ‘T +0’ online trading platform |
Maximum Leverage: | Not available |
Minimum Deposit: | N/A |
Deposit Bonus: | Not available |
Trading Assets: | Forex, Indices, Futures, Crypto, Energies |
Free Demo Account: | Not available |
How to Withdraw from This Company? | Payouts do not happen – better contact our legal services for help! |
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Withdraw and Deposit
This Kyolo Market review reveals that customers who withdraw money from their forex accounts face profit challenges. To facilitate the withdrawal process, the platform’s customer service requests that customers pay their income tax.
Account Type Market reviews
Opening the account required navigating through multiple verification requests. The process seemed never-ending as they continuously asked for documents. However, this security measure aimed to ensure the safety of my hard-earned cash.
Red Flags and Warning Signs
This Kyolo scam broker house has a low number of visitors. We were unable to analyze the content of the site. The site has no phone number, address, or guarantee. Additionally, we were unable to find a valid SSL certificate, even though the site offers financial services.
It is shallow rated, has no positive reviews, and is not recommended. Here is a scam victim’s review. The affair started with a dating app meeting a Taiwanese woman in the US.
Lastly, Kyolo reviews demonstrate several concerns, indicating it is not a trustworthy or reputable forex broker.
They need contact details on their website, more credible regulatory oversight, and disproportionately demand personal data before offering access to their trading platform.
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If you have been a victim of the Kyolo scam and lost money on this trading platform, don’t worry. Reportscammedbitcoin.com to report the scam and get your funds back.
We can provide a quick and effective solution. Our team is always available to assist anyone in need of information and assistance. We specialize in helping disadvantaged individuals recover their lost funds or You Can report to us today by the below form.
FAQ
Why is Kyolo.net monitored by any governing body?
The lack of proper regulation leads to trading safety and security concerns. Traders should exercise caution and fully understand the potential risks as the company is regulated by an Unregulated Offshore Broker.
What are the trading assets Kyolo.net deals in?
The firm mainly deals in Forex, Indices, Futures, Crypto, Energies.
Why Is Scam Kyolo Market Limited?
Kyolo Market Limited operates without proper regulation, which may raise concerns for traders. It is important to be cautious when trading with an unregulated broker. You should understand the potential risks.