FCA Issues Warning on Unauthorized Forex Brokerage, KSF Trade
The FCA's latest warning focuses on KSF Trade, an unauthorized FX brokerage in the United Kingdom.
The UK’s Financial Conduct Authority (FCA) has warned on KSF Trade (Marshall Advanced Innovation Ltd), cautioning investors from dealing with the Forex Broker, according to an FCA statement.
The company’s website, www.ksftrade.com, currently is listed at the address, 20-22 Wenlock Road, London, N1 7GU. However, the FCA warns investors that the entity, KSF Trade, is not licensed in the United Kingdom, or by the FCA.
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As a result, investors are urged to consult with the FCA licensed registry before dealing with any such firms – unfortunately for many, KSF Trade has already had numerous transactions with traders.
hi I have a big problem with KSF Trade. 1 they made me lose 6000 usd by suggesting that the account manager will trade on my behalf. 2 they suggested i do a contract so my capital is guaranteed and i make a good profit on monthly basis and i can withdraw profit as well as the amount i deposited at anytime.: i did the contract thing of 10,000 usd. They made profit for me and my account is at 18,000 i requested a withdraw of 8000 look what happened: – for 2 weeks never received anything only promises, afterwards… Read more »
hi I have a big problem with KSF Trade. 1 they made me lose 6000 usd by suggesting that the account manager will trade on my behalf. 2 they suggested i do a contract so my capital is guaranteed and i make a good profit on monthly basis and i can withdraw profit as well as the amount i deposited at anytime.: i did the contract thing of 10,000 usd. They made profit for me and my account is at 18,000 i requested a withdraw of 8000 look what happened: – for 2 weeks never received anything only promises, afterwards… Read more »
hi all,
i was contacted by ksftrade and told me that they have agood deal,they will trade for me and make adeposit of 15-30% every 14days,i accepted after signing contract with them and made deposit,later they made profits and i requested for withdrawal and no one is replying my email
Did they ever phone you back?
hi all,
i was contacted by ksftrade and told me that they have agood deal,they will trade for me and make adeposit of 15-30% every 14days,i accepted after signing contract with them and made deposit,later they made profits and i requested for withdrawal and no one is replying my email
Dear All
Who have a problem with KSF please anticipate in this forum in order to try to find a solution I’m also a victim of this company and I’m trying to check what options do we have
http://www.forexpeacearmy.com/community/threads/ksftrade-anyone-have-any-experience-with-them.38069/
Dear All
Who have a problem with KSF please anticipate in this forum in order to try to find a solution I’m also a victim of this company and I’m trying to check what options do we have
http://www.forexpeacearmy.com/community/threads/ksftrade-anyone-have-any-experience-with-them.38069/
Actually that sounds weird… ive been trading with them for couple of months and everything seems to be okay so far… and i withdrew the money once without any problems…
Thanks for the heads up anyway
Please send request to withdraw almost all your fund . As a result you will have 2 possibilities:
1. all you fund will be lost because of they put all your fund to unprofitable deals.
2. you simply lost any contacts and no one respond to you at all.
My suggestion to withdraw your fund by small pieces. forget you BIG profit. Try to receive your money back. I can’t any more.
This is really business scams company. Please not contact with them if you not afraid to loose your money. After my request to wthdraw all my fund they in in one minute put all my fund to unprifitable deals.
I know everything about them, they got fake names and a fake locations they are not in London, they tried to contact me on a deal so i made my research and i managed to track them down to the main office iv seen their faces and i can prove it, but it’s the fools in the first place who fall for this scams to be blamed not those insects you made them play with you.
I know the real location of those scammers, I did a research and they are not located in London and not where near Europe ,they use fake numbers and names, I can’t say more unless there is a grantee for protection, but the real issue is that you people keep falling in to those scams, just wake up !
They have some office in Poland. They scam a lot and also have recruitment announcements. Be warned. Dont trade with them. Fake names, fake addresses.
Have the feeling I just become the latest victim of the company. After repeated callings by their brokers I decided to invest some money. While we initially agreed on $250, the company ended up drawing $500 from my account. Attempts to get investment back after a four week period have failed. The broker I was dealing with, Peter Kivi has not come up with reasons why they failed to pay on 5 May 2016 as originally promised.
Hi, I have a big problem with KSF. They steal my money. First they keep my withdrawal on hold for ages and then, they put trade for 5 lots to deliberately lose my money, and wash out my acct. Now I even don’t have anything to withdraw. 🙁
I have problem logging on KSF Trading on both account and MT4, They donot answer any phone calls or reply to my emails.
Dear Sir/Madam
One of my relatives invested monies with KSF Trade from South Africa and would like to know how or what action can he take in order to get his money back.
Please see if you can assist or you should you require further details please advise.
Thanking you kindly,
regards
Michael Sewdass