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Abstract:Avoid Kwakol Markets or you will lose your valuable money! This broker is on the Financial Conduct Authority's radar. The authority recently issued a warning against Kwakol Markets.
Avoid Kwakol Markets or you will lose your valuable money! This broker is on the Financial Conduct Authority's radar. The authority recently issued a warning against it.
Unauthorised firm details
Name: Kwakol Markets / kwakolmarkets.com
Address: 291 Brighton Road, South Croydon, London, UNITED KINGDOM
291 Brighton Road, South Croydon, London, UNITED KINGDOM
Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja, NIGERIA
Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja, NIGERIA
Email: support@kwakolmarkets.com,
support@kwakolmarkets.com,
info@kwakol.com,
info@kwakol.com
Website: www.kwakolmarkets.com, www.kwakolmarkets.com, www.kwakol.com, www.kwakol.com
Social Media Details: Facebook: @Kwakolmarkets
Instagram: @Kwakol_markets
The authority officially stated that this firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.
Almost all firms and individuals must be authorised by us to carry out or promote financial services in the UK.
WikiFX Review
According to WikiFX, Kwakol Markets is an unlicensed broker. The broker has a low score of 1.95 out of 10. It also stated that-
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
In the past three months, WikiFX has received 9 complaints about this broker. Please be aware of the risk and potential scam!
About FCA
Financial Conduct Authority (FCA) is a regulatory body in the UK. The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.