KLMFX – legit or scam?

Day Trading Community Scam Broker Check KLMFX – legit or scam?

  • This topic has 2 replies, 1 voice, and was last updated 1 week ago by Aston.
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  • #179069 Reply

      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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      • #179071 Reply
        James Barra
          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.

        • #179219 Reply

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

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