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Kings Crypto Market

Cyprus|2-5 years|
Suspicious Scope of Business|High potential risk|

https://kingscryptomarket.com

Website

Rating Index

Contact

https://kingscryptomarket.com
Westfield Liverpool, Macquarie St, Liverpool NSW 2170

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Broker Information

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Company Name

Kings Crypto Market

Abbreviation

Kings Crypto Market

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Kings Crypto Market · WikiFX Survey

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Kings Crypto Market · Company Summary

Aspect Information
Company Name Kings Crypto Market
Registered Country/Area Cyprus
Founded Year 2021
Regulation No Regulation
Account Types MINI, STANDARD, EXECUTIVE, VIP
Minimum Deposit MINI: $350, STANDARD: $1000, EXECUTIVE: $2500, VIP: $5000

Overview of Kings Crypto Market

Kings Crypto Market, founded in 2021 in Cyprus, operates without regulatory oversight. This broker provides four different trading account types, namely MINI, STANDARD, EXECUTIVE, and VIP, with minimum deposits ranging from $350 to $5000. However, its official website is no longer accessible now, posing inconvenience for potential traders.

Overview of Kings Crypto Market

Pros and Cons

Pros Cons
  • Multiple account options
  • No regulatory oversight
  • Known physical address
  • Limited information on customer support
  • High minimum deposit across account types
  • Offline official website
  • Limited account transparency

Kings Crypto Market offers four account options and trading instruments, along with a physical address. However, the lack of regulatory oversight poses significant challenges. The offline status of the official website hinders access to up-to-date information about the broker's services and support. Additionally, the high minimum deposit required across the account types could be a barrier for those with limited capital.

Is Kings Crypto Market legit or a scam?

Kings Crypto Market operates without any regulation from a recognized financial authority. This unregulated status means that clients' funds are not protected and there are no assurances of fair trading practices.

Is Kings Crypto Market legit or a scam?

Account Types

Kings Crypto Market offers four trading account types: MINI (minimum deposit $350), STANDARD ($1000), EXECUTIVE ($2500), and VIP ($5000). There's a lack of clarity of other aspects regarding account details.

Account Minimum Deposit
MINI $350
STANDARD $1000
EXECUTIVE $2500
VIP $5000

Customer Support

Address: Westfield Liverpool, Macquarie St, Liverpool NSW 2170

Customer Support

Conclusion

Kings Crypto Market, founded in 2021 in Cyprus, provides four account types but suffers from significant drawbacks. The lack of regulatory oversight raises red flags, while the high minimum deposits across account types may deter smaller investors. Additionally, the unavailability of the official website limits access to crucial information, further eroding trust.

FAQs

Q: Is Kings Crypto Market a regulated broker?

A: No, the broker operates without any financial authority regulation.

Q: What trading accounts does Kings Crypto Market offer?

A: They offer MINI, STANDARD, EXECUTIVE, and VIP accounts, with different minimum deposits.

Q: What's the minimum deposit for Kings Crypto Market accounts?

A: It ranges from $350 for MINI to $5000 for VIP.

Q: Is customer support available at Kings Crypto Market?

A: They list a physical address in Australia, but other support information is limited due to an inaccessible website.

Q: Can Kings Crypto Market be trusted?

A: Exercise caution, as it lacks regulatory oversight and the website is inaccessible.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

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