Reply To: KLMFX – legit or scam?

James Barra
Moderator Team

    Hi Aston,

    Thank you for your message.

    While I’ve not personally used KLMFX, I would recommend caution. Firstly, our experts have investigated them previously and found they claimed to be regulated by the CySEC in Cyprus, yet we couldn’t find any evidence of their registration details on the regulator’s database.

    I also just tried to access their website to investigate further but Google warned me against accessing their website due to security concerns.

    Given there are many more established and trusted brokers out there (our experts have personally traded on every one of these platforms –, I would avoid KLMFX.