Score
KITCO
Canada|5-10 years| https://www.kitco.com/
Website
Rating Index
Influence
Influence
AAA
Influence index NO.1
United States 9.75Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Canada
5-10 years Suspicious Regulatory License Global Business High potential riskUsers who viewed KITCO also viewed..
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
STARTRADER
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
IC Markets Global
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Decode Global
- 5-10 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
Most visited countries/areas
Guyana
Canada
Congo (Gold)
kitco.com
Server Location
United States
Most visited countries/areas
China
Website Domain Name
kitco.com
Website
WHOIS.NETWORKSOLUTIONS.COM
Company
NETWORK SOLUTIONS, LLC.
Domain Effective Date
1995-08-15
Server IP
40.117.188.126
Company Summary
| KITCO Review Summary in 6 Points | |
| Founded | 1977 |
| Registered Country/Region | Canada |
| Regulation | Unregulated |
| Market Instruments & Services | Forex, cryptos, futures on metals/energies/grains/indices/meats/currencies; buying/selling/mining/refining of metals |
| Trading Platform | KITCO |
| Customer Support | Phone, Address, Email, Social media, Enquiry form, Fax |
What is KITCO？
KITCO, short for Kitco Metals Inc, is a global precious metals authority and retailer of bullion products based in Canada. It provides traders with access to a wide range market instruments and services including Forex, cryptos, futures on metals/energies/grains/indices/meats/currencie as well as buying/selling/mining/refining of metals,. However, it is important to note KITCO is currently not regulated by any recognized financial authorities which raises concerns when trading.
In the following article, we will analyze the characteristics of this company from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
| Pros | Cons |
| • Wide range of trading instruments and services | • Unregulated |
| • Multiple customer support channels | • A report of scam |
Pros:
Wide range of trading instruments and services: Kitco offers a diverse selection of trading options, including Forex, cryptocurrencies, and futures contracts covering various asset classes such as metals, energies, grains, indices, and meats. This allows investors to diversify their portfolios and access different markets.
Multiple customer support channels: Kitco provides several customer support channels, ensuring that clients can reach out for assistance via email, phone, live chat, and social media platforms. This enhances accessibility and responsiveness to customer inquiries and concerns.
Cons:
Unregulated: One notable drawback is that Kitco operates in an unregulated environment. This lack of regulatory oversight may raise concerns about investor protection and transparency, as there are no regulatory authorities overseeing the company's activities.
A report of scam: Additionally, there have been a report of scam activities associated with Kitco which tarnishes its reputation and raising doubts about the integrity of its services.
Is KITCO Safe or Scam？
When considering the safety of a financial company like KITCO or any other platform, it's important to conduct thorough research and consider various factors.
Regulatory sight: Its been verified that the broker is currently not regulated by any recognized financial authorities, which means that there is no guarantee that it is a safe platform to trade with.
User feedback: A report of scam on WikiFX should be taken into consideration as potential red flags. It is recommended for you to do investigation before engaging with any investment platform.
Security measures: Kitco's privacy policy ensures data security through encryption protocols, secure servers, and restricted access.
Ultimately, the decision of whether or not to trade with KITCO is a personal one. You should weigh the risks and benefits carefully before making a decision.
Market Instruments & Services
Kitco boasts a diverse array of market instruments and services catering to a wide range of investors and traders.
In the trading sphere, clients have access to a plethora of options, including Forex, cryptocurrencies, and futures contracts covering metals, energies, grains, indices, and meats.
Furthermore, Kitco facilitates the buying, selling, and mining of precious metals like gold, silver, platinum, and palladium. Clients can also benefit from Kitco's refining services for various metals, ensuring transparency and reliability in the precious metals market.
Trading Platforms
Kitco's proprietary trading platform KITCO App is available on both iOS and Android devices. It provides comprehensive coverage of base metals, mining, and gold news, catering to investors' diverse needs.
With real-time market updates, in-depth analysis, and customizable tools, it empowers traders to make informed decisions. Whether tracking commodity prices, monitoring market trends, or executing trades, Kitco's platform offers a user-friendly experience tailored to the complexities of the metals and mining industries.
User Exposure on WikiFX
On our website, you can see one report of scam, though issue resolved, it still should be marked as red flag. Traders are encouraged to carefully review the available information. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customer Service
KITCO provides multiple customer service options to assist its clients. Customers can reach out to KITCO through various channels to address their queries and concerns as below:
CANADA (HEADQUARTERS): MONTREAL, 620 CATHCART, SUITE 900, MONTREAL, QUEBEC H3B 1M1.
Email: info@kitco.com.
Tel: 1 877 775-4826 (USA & CANADA); 514 875-4820 (WORLDWIDE)
CHINA/HONG KONG: KITCO (H.K.) METALS LIMITED, UNIT 1405, 14/F, WEST TOWER, SHUN TAK CENTRE, 168-200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN, HONG KONG.
Tel: (852) 2827-7800
Email: hkinfo@kitco.com.
Moreover, the company also offers an inquiry form for customer to desribe them questions in details and social media including Facebook, Twitter, LinkedIn, Instagram and YouTube as mordern supplementary customer support.
Conclusion
According to available information, KITCO is a non-regulated Canada-based metal trading firm who is offers a range of market instruments and services spanning Forex, cryptos, futures on metals/energies/grains/indices/meats/currencies and buying/selling/mining/refining of metals. However, it is important to consider certain factors such as non-regulated status and a report of scam that raises concerns. Thus, it is critical that for you to do full investigation of the company and seek up-to-date information directly from KITCO before making any investment decisions.
Frequently Asked Questions (FAQs)
| Q 1: | Is KITCO regulated？ |
| A 1: | No, it‘s been verified the broker is currently under no valid regulations. |
| Q 2: | Is KITCO a good broker for beginners？ |
| A 2: | No. it’s not a good broker for beginners because its not properly regulated. |
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Global Business
- High potential risk
Review 4
Content you want to comment
Please enter...
Review 4
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
赵毅(此号基本不用）
Hong Kong
The Instagram rich-kids, who seemingly live in a mansion and drive a Ferrari, are more than willing to share their wealth and to help others become as cool as they are. Please watch out! Maybe you are the most likely to fall for get-rich-quick schemes, even if these schemes are rudimentary and lack any kind of credibility, even at first glance.
Exposure
2019-11-08
Joean
Thailand
The official website of this trading platform shows the latest trading information and also provides the trading price changes of some products, which is very convenient for trading. However, some relevant news says that this company is suspected of fraud, and I am very worried about losing money.
Neutral
07-02
KOnal
New Zealand
My recent experience with Kitco was excellent. The customer service was responsive and helpful, making the purchase process smooth. Shipping was prompt, and the item arrived in perfect condition. Overall, a great experience.
Positive
08-14
FX1386989525
United Kingdom
I've been using KITCO’s forum service for a while now, and I have to say it's been an incredibly helpful platform for me as a trader. While I do find the website design to be a bit cluttered and hard to navigate at times, the forum community is top-notch. I've been able to connect with other traders, share ideas, and learn a lot from the discussions on the site.
Positive
2023-03-24