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Kyolo Markets Limited was founded on May 13, 2022. The company positions itself as a financial services provider specializing in online trading, aiming to deliver a fast trading experience to its clients.
Kyolo Markets Limited operates as a private limited company. However, information regarding its ownership structure and any parent companies is not publicly available, which raises concerns regarding transparency.
The registered office of Kyolo Markets Limited is located at Suite 716, 162 Warwick Way, London, England, SW1V 4JE.
Kyolo Markets Limited claims to have expanded its business operations to various regions, including Hong Kong, Macao, Taiwan, Southeast Asia, Europe, and the United States. Despite these claims, the legitimacy of its global operations is questionable due to regulatory concerns.
Kyolo Markets Limited does not appear to be regulated by any major financial authority. It is notably absent from the Australian Securities and Investments Commission (ASIC) registry, which raises significant red flags regarding its operational legitimacy.
Since its inception in 2022, Kyolo Markets Limited has aimed to establish itself as a competitive player in the online trading sector. However, it has faced scrutiny due to a lack of regulatory oversight.
Kyolo Markets Limited claims to promote rapid development and business expansion across various markets. However, concrete evidence of successful expansion or market penetration is lacking.
The company purports to have a growing customer base due to its fast trading experience and wide array of trading options. Yet, customer reviews suggest dissatisfaction and concerns regarding the platform's reliability.
Kyolo Markets Limited offers a proprietary trading platform that integrates market charts, technical analysis, and order trading functionalities. However, the platform's stability and user-friendliness have been questioned by users.
As of now, there are no known awards or recognitions attributed to Kyolo Markets Limited that would validate its claims of excellence in the trading space.
Kyolo Markets Limited claims to offer a wide range of forex trading options, including more than 47 of the world's most active currency pairs. However, specific details regarding the exact number of pairs are not disclosed.
While the company asserts it provides stock trading services, specific stock options or the range of available stocks are not clearly defined on its platform.
Kyolo Markets Limited offers Contracts for Difference (CFDs) as part of its trading services, allowing traders to speculate on price movements without owning the underlying assets.
In addition to forex and stocks, Kyolo Markets Limited provides trading options for commodities (such as gold and crude oil) and cryptocurrencies through price difference contracts. However, the availability of these instruments varies and is not always transparent.
The company promotes several advantages, such as ultra-low transaction costs, flexible leverage options (up to 500:1), and a purportedly fast execution speed. Despite these claims, user experiences often contradict these assertions.
Kyolo Markets Limited is not regulated by any recognized financial authority. This lack of regulation is a significant concern, as it implies that client funds may not be protected by any legal framework.
The company operates as a private limited entity in the UK but lacks any valid regulatory registration in Australia or other major financial jurisdictions.
Kyolo Markets Limited claims to implement security measures such as segregated accounts for client funds. However, without regulatory oversight, the effectiveness of these measures cannot be guaranteed.
Kyolo Markets Limited claims to serve clients globally, including markets in Asia and Europe. However, the absence of a regulatory framework raises questions about its ability to operate legitimately in these regions.
The company has a concerning compliance history due to its unregulated status and lack of transparency regarding its operations. This has led to numerous negative reviews and allegations of fraudulent practices.
Kyolo Markets Limited competes with various online trading platforms, including:
These competitors are generally better established and regulated, offering a more robust trading environment.
Kyolo Markets Limited attempts to position itself as a fast and flexible trading platform. However, its lack of regulation and transparency puts it at a disadvantage compared to more reputable competitors.
While Kyolo Markets Limited claims to offer unique advantages such as high leverage and low spreads, these claims are often met with skepticism due to the absence of verifiable data and the companys unregulated status.
In summary, Kyolo Markets Limited raises several concerns regarding its legitimacy as an online trading platform. With no regulatory oversight, a lack of transparency, and numerous negative customer reviews, potential investors are advised to exercise extreme caution before engaging with this company. It is essential to conduct thorough research and consider more reputable alternatives in the trading space.
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