Hello there,

I’ve been recommended this broker called KLMFX. Has anyone used them or know if they can be trusted?

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[James BarraModerator DayTrading.com 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 – https://www.daytrading.com/safest-brokers), I would avoid KLMFX.

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[Aston]

Okay, thank you. Suspected something might be fishy. I’ll give em a miss
👍

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