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KENFORD Forex Broker provides real users with * positive reviews, * neutral reviews and 9 exposure review!

KENFORD Broker Review

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KENFORD Review 9

Latest All(9) Exposure(9)
Exposure
Purposely manipulate the chart!

I've been a client of this broker only for a few weeks. My trading went smoothly ever since i opened an account with thebroker until recently. If you refer to the photo attached below, you can make a comparison of between the broker's chart and a different broker's chart. After i made a new deposit due to their interesting bonus, my position was liquidated out of nowhere. At that time, I placed the orders according to the signals given by the adviser (to sell 30 lots at 1,912.49). But the platform automatically closed my position soon after I noticed that the candles suddenly rose to 1,919.06. I was surprised and had a vague feeling that there was something wrong with the platform's data, which seemed like being manipulated. Therefore I compared it with the highs on other platforms in the same period and found that the later ones only ranged between 1,913 and 1,914. The KENFORD responded that “the reason for difference in the price vs other platforms is that there is a huge inflow of trade at that period.” This explanation, however, doesnt make sense at all as high liquidity will only keep prices stable rather than volatile.

gustavo_fring
2021-09-15
Exposure
Scam

I have 4.5k usd inside, broker said site is having maintenance but cant enter at all. cant find their name in mt4 too.careful, broker name is rita, either will contact u by whatsapp or wechat.

FX2670002193
2021-01-28
Exposure

There is also some money in my account. No customer service

FX2313664427
2021-01-27
Exposure
Fraud Company

On January 22, 2021, the account was disabled, and the trader may have absconded

FX3870698425
2021-01-25
Exposure
Scam by a fraud group

Through Ig, an overseas Chinese from Singapore took the initiative to chat with me. Later, I added a Line conversation and talked about MT4 as an investment product. I was afraid but then I asked my colleagues to confirm that there was such an investment, so I actually recommended it to the overseas The analysts practiced with a simulated warehouse first, and they all made about 10% while doing their homework through the Internet, and believed that they could really invest and make money. At the beginning, they only deposited $1,000, made a profit of $500 and can withdraw $100. The analyst suggested that it is not easy to liquidate the position after entering 10,000 US dollars. I also told him that he has difficulties. The extra money can be invested every month. When I accumulate US$ 6,300, I will talk to the analyst for how many dollars I can trade, and I have also asked Whether there is a risk of liquidation in the customer service, the other party said that there is an automatic liquidation function, but the position was liquidated in the last transaction. Loss of 11312.47 US dollars. Some analysts with overseas Chinese. Kenford dealers have always blamed me for not depositing 10,000, which is obviously a kidnapping fraud. Good risk has not been deceived a second time. Reported to the local police station

tmdkenford
2020-12-20
Exposure

I followed the analyst but my positions were wiped out. I asked them whether I can close my positions or not and they said yes. However, my positions were wiped out and they just passed teh buck to each other! And they told me to add more money and I can win my money back soon. I’m not foolish. If you have the time to scam people, why don’t you just earn money legally? Karma is like fate. You’ll be unished one day!

tmdkenford
2020-12-09
Exposure
Manipulated the chart prices.

Last October 23, 2020 8PM, Philippine Time I had a deal for XAUUSD pair. My capital at that time was $13,747 Sell: 1912.49, 30 lots(as adviced by the person who introduced the platform to me) Upon watching the movement of the candles, i noticed that it went up abruptly to 1919.06 and the platform automatically closed my deal. According to them, it was because my lot size was too high for my capital. But when I checked the High of other STP platforms High ranged between 1913 to 1914 only.

FX2426945487
2020-11-06
Exposure
SCAMMER WHO MAKE UNABLE TO WITHDRAW & THE CS WANT TO ENTER TRADER ACC THEN MAKE THE BALANCE BANKRUPT

The KENFORDGLOBAL broker certainly a scammer organization to manipulate candle price and the CS act as a scam employee who ask me to give the MT account no to be traded until the balance deducted -$260 for available to withdraw the rest of the balance, and finally you guys can check the candle price i attach in this report and you can compare it with other broker which is at kenfordglobal they did manipulate the price till make your account bankrupt and they just gonna make some bullshit reason there was a sudden price. certainly they are garbage in Trading Industry, MT4 company should just reject their IP to be connected and traded in MT4.Becarefull i know KENFORDGLOBAL start from friendship in social media in Tinder, and they did use fake woman account or others to communicate with you and show you they able to gain alot in XAUUSD.You guys can check in your own broker and compare with the chart from Kenfordglobal that i already attach in here that show that KENFORDGLOBAL manipulate price candle as they like and show they are not a valid decent Brokerage.

Ryanfrc
2020-10-23

  

Kenford 2025 Review: Everything You Need to Know

  In the world of forex trading, finding a reliable broker is crucial for success. Unfortunately, Kenford has raised significant red flags in user experiences and expert analyses. This review synthesizes various sources to provide a comprehensive overview of Kenford, highlighting its potential risks and shortcomings.

  Note: Its important to note that Kenford operates under different entities across regions, which may lead to varying user experiences. The information presented here is based on a thorough examination of multiple sources for fairness and accuracy.

  

Rating Summary

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2

  We score brokers based on user feedback, expert opinions, and regulatory compliance.

  

Broker Overview

  Kenford is a forex broker that has emerged in the trading landscape, primarily offering the MetaTrader 4 (MT4) platform for trading. The broker claims to provide access to a variety of asset classes, including forex, commodities, and indices. However, the lack of transparency about its regulatory status raises concerns. Kenford has been reported to be unregulated, which is a significant red flag for potential traders.

  According to sources, Kenford operates with a low trust score, indicating that it may not be a safe option for traders looking to invest their capital. The absence of credible regulatory oversight is alarming, especially in an industry where trust is paramount.

  

Detailed Analysis

  

Regulatory Landscape

  Kenford operates without any significant regulatory oversight. This lack of regulation is a major concern, as it means there are no governing bodies ensuring the broker adheres to industry standards. According to WikiFX, Kenford has been flagged for its low score and lack of valid regulatory information. This absence of regulation can expose traders to higher risks, including potential fraud.

  

Deposit and Withdrawal Options

  The broker offers limited information regarding deposit and withdrawal methods. Users have reported difficulties in withdrawing funds, with complaints about unresponsive customer service and unexpected fees. A user mentioned, "I have $4.5k inside; the broker said the site is under maintenance, but I can't access it at all." This highlights a concerning trend of withdrawal issues that have been reported by multiple users.

  

Minimum Deposit Requirements

  While specific minimum deposit requirements are not clearly stated, the general consensus among user reviews suggests that the broker may require a relatively low initial investment. However, the potential for hidden fees and withdrawal restrictions raises questions about the overall cost of trading with Kenford.

  

Bonus and Promotions

  Information regarding bonuses or promotional offers is scarce. However, some users have reported being lured by attractive bonuses only to find themselves unable to withdraw their funds later. This tactic is often used by fraudulent brokers to entice traders into making larger deposits.

  

Asset Classes Available for Trading

  Kenford claims to offer a diverse range of trading instruments, including over 80 forex currency pairs, commodities, and indices. However, the actual trading experience has been marred by reports of price manipulation and poor execution. Users have expressed concerns about the integrity of the trading environment, with one stating, "The platform manipulated price candles, leading to significant losses."

  

Costs and Fees

  User experiences indicate that Kenford may impose hidden fees, particularly on withdrawals. Many users have reported unexpected charges that were not disclosed upfront. This lack of transparency is a significant drawback for traders who expect clear and fair pricing.

  

Leverage and Trading Platforms

  Kenford offers leverage of up to 500:1, which can be attractive for traders looking to maximize their investments. However, high leverage also increases risk, particularly for inexperienced traders. The primary trading platform available is MT4, which is widely recognized and used in the industry.

  

Restricted Regions

  Kenford does not provide clear information on restricted regions, but it is essential for potential users to verify their local regulations before opening an account. Operating without proper oversight can lead to complications for traders in certain jurisdictions.

  

Customer Service Languages

  The quality of customer service at Kenford is notably poor, with many users reporting unresponsive support. This lack of effective communication can be detrimental, especially when traders encounter issues that require immediate assistance.

  

Repeated Rating Summary

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2

  

Detailed Breakdown

  

Account Conditions

  Kenford's account conditions are concerning, with many users reporting issues related to account accessibility and withdrawal difficulties. The lack of regulatory oversight adds to the mistrust surrounding the broker.

  

Tools and Resources

  While Kenford offers the MT4 platform, the overall resources available to traders are limited. Users have noted that the educational materials and support tools are lacking, which can hinder the trading experience.

  

Customer Service and Support

  Customer support has received low ratings, with numerous complaints about unresponsive representatives and inadequate assistance. This can be particularly frustrating for traders facing urgent issues.

  

Trading Setup (Experience)

  The trading experience on Kenford has been marred by reports of price manipulation and execution issues. Users have expressed dissatisfaction with the platform's reliability, raising concerns about the integrity of trades.

  

Trustworthiness

  The trustworthiness of Kenford is a significant concern, as evidenced by its lack of regulation and numerous negative user experiences. This broker is not recommended for traders seeking a secure trading environment.

  

User Experience

  Overall, user experiences with Kenford have been predominantly negative, with many traders expressing regret over their decision to open accounts. The combination of poor customer service, withdrawal issues, and a lack of regulatory oversight creates a risky trading environment.

  In conclusion, while Kenford may present itself as a viable trading option, the overwhelming evidence suggests that potential traders should exercise caution. The numerous red flags identified in this Kenford review indicate that it may not be a trustworthy or secure choice for forex trading in 2025.

KENFORD review