KING TRADE Company

　　

King Trade Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　King Trade Company was established in 2014 as a forex brokerage firm. It began its operations in China, focusing on providing trading services to a global audience. The company has since gained attention for its unregulated status, which raises concerns about investor safety and operational transparency.

　　

Parent Company/Owning Structure

　　As an independent entity, King Trade Company does not operate under a parent company. Its ownership structure remains unclear, which is common among brokers without proper regulatory oversight.

　　

Headquarters Location

　　King Trades headquarters is located in China, but it also has server locations in the United States. The dual presence allows it to cater to a diverse clientele.

　　

Global Business Scope

　　King Trade operates primarily in the forex trading market but claims to offer a wide range of financial instruments. Despite its global aspirations, the lack of regulation limits its reach and credibility in certain regions.

　　

Main Regulatory Bodies

　　King Trade is currently unregulated, which means it does not adhere to any recognized regulatory frameworks. This absence of oversight significantly increases the risks associated with trading on its platform.

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2. Company History and Development

　　

Key Milestones

　　King Trade was founded in 2014 and has been operational for approximately 5 to 10 years. During this time, it has developed a reputation for being a high-risk trading platform due to its lack of regulation.

　　

Business Expansion Journey

　　The company has aimed to expand its offerings by introducing various financial products, including forex and binary options trading. However, its growth has been hampered by regulatory issues and negative reviews from users.

　　

Customer Base Growth

　　While specific data on customer growth is not publicly available, the company relies on aggressive marketing strategies to attract traders. However, its unregulated status may deter potential clients.

　　

Platform Development History

　　King Trade offers a demo account for new users, allowing them to practice trading without financial risk. The platform has gone through various iterations, but the specifics of its technological advancements remain vague.

　　

Important Awards or Recognitions Received

　　As of now, King Trade has not received any significant awards or recognitions, primarily due to its unregulated status and the associated risks.

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3. Trading Services Offered

　　

Forex Trading Options

　　King Trade provides access to a variety of currency pairs, including major, minor, and exotic options. However, the exact number of currency pairs available is not disclosed, which limits transparency.

　　

Stock Trading Options

　　While King Trade markets itself as a forex broker, it also claims to offer stock trading options. However, details about specific stocks or indices available for trading are not readily available.

　　

CFD Trading Products

　　The company offers Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. This service is common among trading platforms, but specifics on available CFDs are lacking.

　　

Other Financial Instruments

　　King Trade claims to provide access to other financial instruments, including cryptocurrencies and commodities. However, the lack of regulatory oversight raises questions about the legitimacy and safety of these offerings.

　　

Special Services or Unique Advantages

　　One of the unique features of King Trade is the low minimum deposit requirement for live trading, set at $20. This accessibility may attract novice traders, but the associated risks remain significant.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　King Trade operates without valid regulatory licenses. This lack of oversight is a critical concern for potential investors, as it indicates that there is no established framework for monitoring its practices.

　　

Legal Entity Structure by Region

　　The company is registered in China but operates in various jurisdictions without clear legal compliance. This ambiguity can pose risks to clients, especially in regions with stringent regulatory requirements.

　　

Client Fund Protection Measures

　　Due to its unregulated status, King Trade does not have established measures for protecting client funds. Investors should be aware that trading on such platforms can lead to significant financial risks.

　　

Countries/Regions Served

　　King Trade claims to serve a global audience, but the lack of regulatory compliance may limit its operations in certain countries. This can affect the ability of traders from those regions to access its services.

　　

Compliance History

　　King Trade has faced scrutiny due to its lack of regulatory oversight and negative user experiences, including difficulties with fund withdrawals. This history raises concerns about its overall integrity and reliability.

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5. Competitive Landscape

　　

3-5 Main Competitors

• IG Group: A well-regulated forex and CFD broker with a strong global presence.
• OANDA: Known for its transparency and regulatory compliance, OANDA offers a wide range of trading instruments.
• FXCM: A reputable broker that provides forex and CFD trading with robust regulatory oversight.
• eToro: A social trading platform that allows users to copy trades from experienced traders, offering a unique twist in the competitive landscape.

　　

Positioning in the Industry

　　King Trade positions itself as a low-cost alternative for forex trading, appealing mainly to novice traders. However, its unregulated status and associated risks have hindered its credibility in the industry.

　　

Market Differentiation Factors

　　The primary differentiation factor for King Trade is its low minimum deposit requirement, which makes it accessible for beginners. However, the lack of transparency, regulatory oversight, and negative reviews significantly overshadow this advantage.

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Conclusion

　　In summary, King Trade Company operates as an unregulated forex broker with a focus on low-cost trading options. While it offers a range of financial services, the lack of regulatory oversight and transparency raises significant concerns for potential investors. Traders are advised to exercise caution and consider regulated alternatives to ensure the safety of their investments.

　　For more information on trading safely and effectively, learn more.