KENKE CAPITAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.kenkefx.com/register/fast, about the company's legal and temporary regulatory information, the company's address Southbank Tower, 55 Upper Ground, London SE1 9EY UK.
Kenke Capital, established in December 2020, operates as a forex broker primarily catering to retail traders. The company is headquartered in the United Kingdom, with its main office located at Kenke Capital Global Limited. The broker is privately held and has positioned itself within the competitive forex trading landscape, offering a range of financial instruments and services to its clients.
Kenke Capital serves a diverse market, focusing on both European and American clients looking for trading opportunities in the forex market. The firm aims to provide accessible trading solutions, particularly for novice traders, as evidenced by its promotional offerings, such as no deposit bonuses. Over the years, Kenke Capital has developed its infrastructure and expanded its services, marking significant milestones in its operational journey.
The business model of Kenke Capital is centered around retail forex trading, where it provides clients with access to various currency pairs and other financial products. The broker emphasizes user-friendly trading experiences and aims to attract new traders through enticing bonuses and promotions. However, it is essential for prospective clients to conduct thorough research, as the broker has faced scrutiny regarding its regulatory status.
Kenke Capital operates without valid regulatory oversight, which raises concerns about its legitimacy. The broker claims to be licensed by various authorities, including the UKs Financial Conduct Authority (FCA) and the US National Futures Association (NFA). However, investigations reveal that these claims are unsubstantiated, as no records confirm its registration with these regulatory bodies.
The lack of a regulatory license means that Kenke Capital does not adhere to the stringent compliance measures typically required of regulated brokers, such as client fund segregation and participation in investor compensation schemes. This absence of oversight can expose clients to potential risks, including the mismanagement of funds.
Kenke Capital has not provided clear information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are crucial for ensuring the safety and security of client transactions. The absence of these compliance measures further casts doubt on the broker's operational integrity.
Kenke Capital offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to major, minor, and exotic currency pairs, catering to diverse trading strategies and preferences. Additionally, Kenke Capital has expanded its product offerings to include Contracts for Difference (CFDs) on indices, commodities, stocks, and cryptocurrencies.
The introduction of unique trading products, such as automated trading solutions and algorithmic trading options, reflects Kenke Capital's commitment to meeting the evolving needs of its clients. The broker frequently updates its product lineup to align with market trends and client demands, although specific details about newly introduced products are not consistently published.
For retail traders, Kenke Capital provides a comprehensive trading service that includes educational resources, market analysis tools, and customer support to enhance the trading experience. The firm aims to facilitate a seamless trading environment for both novice and experienced traders.
Kenke Capital supports the widely popular MetaTrader 4 (MT4) trading platform, offering clients a robust and user-friendly interface for executing trades. The platform is known for its advanced charting tools, automated trading capabilities, and extensive range of technical indicators, making it suitable for traders of all experience levels.
In addition to MT4, Kenke Capital has developed its proprietary trading platform, which aims to provide enhanced functionalities and features tailored to the needs of its clients. The broker also offers a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity.
For mobile trading, Kenke Capital supports both iOS and Android applications, enabling clients to trade on-the-go. The broker utilizes a Straight Through Processing (STP) model, ensuring fast trade execution and minimal slippage. The technical infrastructure of Kenke Capital is designed to provide reliable service, although specific details about server locations and technology stacks are not publicly disclosed.
Kenke Capital offers various account types to cater to the diverse needs of its clients. The standard account typically requires a minimum deposit, with competitive spreads and no commission fees. Advanced account options, such as VIP and professional accounts, are available for traders seeking enhanced trading conditions and personalized services.
The broker also provides specialized accounts, including Islamic accounts, which comply with Sharia law, ensuring that traders can participate in forex trading without incurring interest. For those interested in testing the platform, Kenke Capital offers a demo account that allows prospective clients to practice trading strategies without financial risk.
Leverage ratios vary depending on the account type and the specific financial instruments traded, with maximum leverage often reaching up to 1:500. The minimum trade size and overnight fees are also determined by the account type, with detailed information typically provided during the account registration process.
Kenke Capital supports multiple deposit methods to facilitate client funding, including bank transfers, credit cards, and electronic wallets. Each account type may have different minimum deposit requirements, which are clearly outlined on the broker's website.
Deposit processing times vary, with most transactions being processed promptly. However, specific information regarding deposit fees is not consistently provided, which can lead to confusion for clients.
Withdrawal methods are similarly varied, but clients have reported challenges in accessing their funds, which is a common issue associated with unregulated brokers. Withdrawal processing times can also be inconsistent, with some clients experiencing delays. The broker's fee structure for withdrawals is not transparently communicated, raising concerns regarding potential hidden costs.
Kenke Capital offers customer support through various channels, including phone, email, and online chat. The broker aims to provide timely assistance, although the effectiveness of support can vary based on client feedback. The service hours are typically aligned with major trading sessions, but specific time zone coverage is not explicitly detailed.
Multilingual support is available, catering to its diverse client base. Educational resources offered by Kenke Capital include webinars, tutorials, and e-books designed to enhance traders' knowledge and skills.
Additionally, the broker provides market analysis services, including daily market updates, news, and research reports. Various trading tools, such as calculators and economic calendars, are also available to assist clients in making informed trading decisions.
Kenke Capital primarily serves clients in Europe and North America, with specific regional offices distributed to enhance client support. However, the broker does not accept clients from certain countries, particularly those with strict regulatory frameworks or prohibitive trading laws.
The broker's operations are subject to regional restrictions, which may limit its ability to provide services to clients in specific jurisdictions. Prospective clients are encouraged to review the terms and conditions to ensure compliance with local regulations before opening an account.
In conclusion, while Kenke Capital presents an array of trading products and services aimed at attracting retail traders, potential clients should exercise caution due to the broker's lack of regulatory oversight and transparency regarding key operational aspects.
FX3667439846
Taiwan
I applied for a withdrawal. But there is no response. And the customer service hasn't replied to me. Neither has their email
Exposure
2021-06-29