Company profile
Note: KPF's official website: https://www.kpffx.com/ is currently inaccessible normally.KPF Information Registered on 1995 and in United States, KPF offers forex services via MT4 platform. Traders can contact them via clientservice@kpffx.com. However, its NFA license has been listed as unauthorized and its website is not accessible.Is KPF Legit? National Futures Association (NFA)Current StatusUnauthorizedRegulated by United StatesLicense TypeCommon Financial Service LicenseLicense No.0514414Licensed InstitutionKPF MARKET LIMITED KPF claims that it is regulated by the United States National Futures Association (NFA), which has a Common Financial Service License with the number 0514414. However, its regulatory status is currently listed as abnormal and officially marked as Unauthorized. Therefore, it cannot be regarded as a legit broker.Downsides of KPFUnavailable Website: The KPF website is currently inaccessible, in which traders can't manage their accounts, learn about information, and so on.Unauthorized License: Though KPF claims it is regulated by NFA, it has been officially listed as unauthorized.Difficulty in withdrawal: Some traders claim KPF has a large withdrawal amount and they can not withdraw their money from KPF easily.Negative KPF Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there were 8 pieces of KPF exposure in total. I will introduce 2 of them. Exposure 1. Unable to withdraw moneyClassificationUnavailable WithdrawalDateFebruary 12, 2019Post CountryHong Kong China The user said the individual is unable to withdraw funds from the KPF. They have reached out to an advisor who suggested they trade with him. It appears that the payment company has evaporated. You may visit: https://www.wikifx.com/en/comments/detail/208022200511830.html. Exposure 2. MT4 was disabled for no reasonClassificationScamDateJanuary 5, 2019Post CountryHong Kong China The user said their MT4 platform won‘t open and displays a message saying it’s stopped. You may visit: https://www.wikifx.com/en/comments/detail/208019043005002.html.Conclusion KPFs license NFA is listed as unauthorized and its website is unavailable. Furthermore, it has many negative reviews such as unable to withdraw and scams. In a word, KPF is not a good choice.
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Hong Kong
Without any notice, the website is closed, the customer service can't contact, and the MT4 server can't log in.In the first few days, the account information can be found on the website. Now there is no news. Is there anyone to address it?
Exposure
2019-05-21