KuFin foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.kufinlimited.com/register/fast?lang=en, about the company's legal and temporary regulatory information, the company's address FLAT 43 PERKINS HOUSE, WALLWOOD STREET LONDON, UNITED KINGDOM (THE) E14 7AH.
Kufin, officially known as Kufin Global Investing Limited, was established in 2021. The company is headquartered in the United Kingdom, specifically located at Flat 43, Perkins House, Wallwood Street, London, E14 7AH. Kufin operates as a private entity, catering primarily to retail traders and institutional clients seeking diverse trading options.
Since its inception, Kufin has aimed to provide a comprehensive trading platform that accommodates a wide variety of financial instruments. The broker has focused on expanding its market presence by offering a diverse range of account types, including basic, premium, professional, managed, and Islamic accounts, which are designed to meet the needs of different trader profiles. Over the past few years, Kufin has developed a reputation for its user-friendly interface and commitment to client education, providing various resources such as webinars, workshops, and market analysis to enhance traders' knowledge and skills.
Kufin operates primarily in the forex and CFD markets, offering trading opportunities in multiple asset classes, including stocks, ETFs, futures, options, and cryptocurrencies. The company's business model is centered on retail forex trading, enabling clients to engage in both short-term and long-term trading strategies. However, it is essential to note that Kufin currently operates without regulatory oversight, which raises concerns regarding the safety and security of client funds.
Kufin broker has positioned itself as a versatile trading platform that aims to cater to the diverse needs of its clients, but potential users should exercise caution given its unregulated status.
Kufin operates without any regulatory oversight from recognized financial authorities. It does not hold licenses from major regulatory bodies such as the Financial Conduct Authority (FCA) in the United Kingdom, or any other top-tier regulatory institutions. This lack of regulation raises significant concerns regarding the safety of client funds and the transparency of the broker's operations.
The company has not provided any valid regulatory information, and as such, it is crucial for potential clients to be aware of the risks associated with trading through an unregulated broker. Traders using Kufin may find limited avenues for dispute resolution and could face challenges in seeking recourse in the event of issues or disputes.
Kufin's compliance measures, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, are not verified by any regulatory body. Therefore, clients may not receive the same level of protection that regulated brokers offer, including access to investor compensation schemes or the financial ombudsman service in the UK.
In summary, while Kufin broker offers various trading services, the absence of regulatory oversight poses significant risks that traders must carefully consider before engaging with the platform.
Kufin provides a diverse array of trading products designed to meet the varying needs of its clients. The broker offers trading in forex, with a wide selection of currency pairs. Clients can trade major, minor, and exotic currency pairs, allowing for a flexible trading experience.
In addition to forex, Kufin also offers Contracts for Difference (CFDs) across several asset classes, including:
Kufin aims to regularly update its product offerings, ensuring that traders have access to the latest instruments and market trends. The broker's platform is designed to support both retail and institutional clients, providing tailored services to meet the specific needs of each group.
While Kufin does not currently offer any unique or proprietary products, its extensive range of tradable assets allows clients to build a diversified portfolio. The broker also provides educational resources and market analysis to assist traders in making informed decisions.
Overall, Kufin broker strives to deliver a comprehensive trading experience by offering a wide range of products and services across various asset classes.
Kufin utilizes the MetaTrader 5 (MT5) platform to deliver a robust trading experience for its users. MT5 is a widely recognized trading platform known for its advanced functionalities, making it suitable for both novice and experienced traders. The platform allows users to access a variety of financial instruments, including forex, stocks, commodities, and indices.
The MT5 platform offered by Kufin features:
Kufin's platform is accessible across multiple devices, including desktops, web browsers, and mobile devices, ensuring that traders can manage their accounts and execute trades seamlessly.
While the primary trading platform is MT5, Kufin does not currently offer a proprietary trading platform. However, the broker's focus on providing a reliable and feature-rich platform allows users to engage in various trading strategies effectively.
In conclusion, Kufin broker leverages the capabilities of the MT5 platform to enhance the trading experience, offering advanced tools and functionalities that cater to the needs of diverse traders.
Kufin offers several account types to cater to the diverse needs of its clients. The available account types include:
Basic Account: Designed for beginners and casual investors, this account provides essential trading features and access to educational resources. The minimum deposit required for this account is $100.
Premium Account: Geared towards more experienced traders, the premium account offers enhanced features such as advanced charting options and real-time market data. The minimum deposit for this account may vary.
Professional Account: Tailored for professional and institutional traders, this account comes with a comprehensive set of advanced tools and services, including priority customer support and exclusive research reports.
Managed Account: For clients seeking a hands-off approach, Kufin offers managed accounts where experienced portfolio managers handle investment decisions on behalf of the account holder.
Islamic Account: Recognizing the diverse needs of its user base, Kufin provides Islamic accounts that adhere to Sharia principles, operating without interest.
Kufin offers flexible leverage options, allowing traders to magnify their market exposure. For instance, forex trading may have leverage ratios ranging from 50:1 to 500:1, depending on the currency pair and regulatory considerations. The specific leverage ratios may vary based on the asset class and market conditions.
The broker employs a variable spread model, where the difference between the ask and bid prices serves as the trading cost. For major currency pairs, the typical spread might range from 1 to 2 pips during standard market conditions.
In summary, Kufin broker provides a variety of account types and trading conditions that cater to the needs of different trader profiles, from beginners to seasoned professionals.
Kufin supports multiple deposit methods to accommodate users globally, including:
The minimum deposit requirement is typically $100, but it may vary based on the account type and chosen funding method. The broker prioritizes the security of financial transactions, employing encryption and other safeguards to protect user funds during the deposit process.
Withdrawal methods are flexible, allowing users to withdraw profits through the same methods used for deposits. The withdrawal requests are processed promptly, ensuring that users have timely access to their funds. However, verification procedures may be in place to enhance security and compliance with regulatory standards.
Kufin provides transparency regarding its fee structure, including deposit and withdrawal fees, which may vary based on the method used. Users are encouraged to review the fee schedule to make informed decisions regarding their transactions.
Overall, Kufin broker aims to deliver a user-friendly financial transaction experience, with clear communication of minimum deposit requirements and withdrawal options.
Kufin prioritizes customer satisfaction by offering a responsive customer support system. Users can reach out to the support team through various channels, including:
The customer support team is committed to providing timely and helpful responses to user inquiries, assisting with account-related queries, technical issues, and general information about the platform's features.
Kufin also offers extensive educational resources to empower users at all levels of expertise. These resources include:
In summary, Kufin broker is dedicated to enhancing the trading experience through robust customer support and a comprehensive suite of educational resources.
Kufin primarily serves clients in the United Kingdom and other regions, with a focus on providing access to a diverse range of financial instruments. The broker operates without any physical offices outside the UK, which may limit its regional reach.
However, it is essential to note that Kufin does not accept clients from certain countries where regulatory restrictions apply. Specific countries or regions may be restricted from opening accounts, and potential clients are advised to check the broker's website for the most up-to-date information regarding geographical limitations.
In conclusion, while Kufin broker aims to provide comprehensive trading services, its regional coverage may be limited by regulatory considerations, and prospective clients should verify their eligibility before engaging with the platform.
This comprehensive guide provides an overview of Kufin broker, detailing its offerings, regulatory status, trading conditions, and support resources. Potential clients are encouraged to weigh the benefits against the risks associated with trading through an unregulated broker.
FX1323621374
United States
I have deposited $450000 into my account with KuFin starting from November 25th 2021 till December 11th 2021. I have got bonus $150000 total and earned profit $547000. I was denied to make any withdrawals on December 17 2021. Miss Han broker +44 7858 972298 with KuFin informed me that I can’t make any withdrawals because security department detected ubnormal situation in my account. She informed me that I need to deposit whole balance of $1144852.97 first for verification.
Exposure
2021-12-18