For more information about Kinesis Forex Broker company profile, come to WikiBit!
Business
License
Kinesis was founded in 2011, emerging from the Allocated Bullion Exchange (ABX), which has been a global leader in trading allocated precious metals for over a decade. The companys mission is to bridge the gap between traditional precious metals and modern blockchain technology, offering a unique monetary system based on 1:1 allocated gold and silver.
Kinesis operates as an independent entity, with its core operations stemming from its parent company, ABX. The leadership team comprises seasoned professionals from various sectors, including finance, technology, and precious metals trading, ensuring a robust governance structure and strategic direction.
The headquarters of Kinesis is located in the Cayman Islands, a jurisdiction known for its favorable regulatory environment for financial services and cryptocurrency ventures.
Kinesis has successfully established a presence in multiple countries, amassing over 80,000 clients across 151 nations. The company focuses on providing a platform for trading digital currencies backed by physical gold and silver, thus appealing to a global audience interested in precious metals as a store of value.
Currently, Kinesis operates without valid regulatory oversight from recognized financial authorities. The company has faced scrutiny due to its unregulated status, which raises concerns regarding investor protection and accountability.
Kinesis has expanded its services by partnering with various vaulting providers and brokers globally, including a recent partnership with Atlas Vaults and Atlas Brokers in Latin America. This partnership aims to enhance service offerings and access to precious metals for clients in the region.
The company has experienced rapid growth in its customer base, with a significant influx of users due to its unique yield system that rewards economic activity. The user-friendly platform and mobile app have also contributed to this growth, providing easy access to investment in precious metals.
Kinesis has continuously improved its platform, introducing features such as the Kinesis mobile app, which allows users to manage their investments on the go. The platform is designed to offer a seamless trading experience, with real-time monitoring and transaction capabilities.
While specific awards have not been highlighted in available information, Kinesis has gained recognition within the fintech and precious metals sectors for its innovative approach to integrating blockchain technology with traditional asset trading.
Kinesis does not primarily focus on forex trading; instead, it specializes in digital currencies backed by gold and silver. Therefore, it does not offer a wide range of currency pairs typically found in forex trading platforms.
Kinesis does not provide stock trading options as part of its services. The focus remains on precious metals and digital assets.
The company does not explicitly mention offering Contracts for Difference (CFDs) on its platform. Its primary offerings are centered around digital currencies backed by physical metals.
Kinesis offers digital currencies such as:
Kinesis provides a unique yield system, where users can earn rewards based on their economic activity within the platform. This system incentivizes users to engage more actively with their investments. Additionally, the platform offers secure vault storage for physical metals and a user-friendly mobile app for managing assets.
Kinesis currently operates without valid regulatory oversight. There are no endorsements from major financial regulatory bodies, which raises concerns about the safety of client funds and the overall accountability of the platform.
Kinesis is registered in the Cayman Islands and operates under local laws. However, the absence of a comprehensive regulatory framework raises questions about its legal standing in other jurisdictions.
While Kinesis promotes secure vault storage and employs anti-money laundering (AML) and know your customer (KYC) policies, the lack of regulatory oversight means that there are limited formal protections in place for client funds.
Kinesis serves clients in over 151 countries, with a notable presence in regions experiencing economic instability, where citizens seek alternatives to traditional banking systems.
Kinesis has faced scrutiny regarding its unregulated status. The company emphasizes its commitment to security through measures like KYC and AML, but the absence of oversight from recognized regulatory bodies presents significant compliance challenges.
Kinesis positions itself uniquely by combining traditional precious metals with blockchain technology, appealing to investors looking for a stable asset backed by physical commodities.
Kinesis differentiates itself through its unique yield system, which rewards users for economic activity, and its focus on digital currencies backed by physical gold and silver. The integration of blockchain technology also offers transparency and security that is appealing in todays financial landscape.
In conclusion, Kinesis represents a novel approach to investing in precious metals, merging traditional assets with modern technology. However, potential investors should carefully consider the regulatory landscape and the associated risks before engaging with the platform.
For further information on Kinesis and its offerings, you can visit their official website or contact their customer support.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.