The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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KONANO Wealth LTD
168 St Christopher Street, Valletta VLT 1467, MALTA
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months, please be aware of the risk and the potential scam!
KONANO cannot withdraw fund
Starting from October 2021, I cooperate with CINDA Investment Trust (currently renamed Renxiang Investment Trust) (continue to defraud), induce deposits to MT4 to KONARO to buy gold, induce liquidation and continue to induce deposits. The slippage is severe, and finally my account funds reach: 1,964,253 US dollars, and the continuous application for withdrawal were delayed and failed. They are willing to withdraw money only if we pay the margin. The principal deposit is: $17622. Hope to get back the principal of the deposit. Please coordinate, thank you very much. PS: Attach a screenshot of the dealer's deposit and withdrawal (the withdrawal was unsuccessful) PS: Attach a screenshot of the dealer's dialogue PS: Jiaoyishang has maliciously removed the account
Unable to withdraw, fraud website
Cinda Investment Consultants and konano cheated together and could not withdraw the money. They required to deposit a margin to withdraw the money, but the website disappeared after the payment.
Need to pay the dividend and margin in order to withdraw. It is unreasonable. Already report the case.
This platform is a scam group
It just cannot withdraw and ask you to pay margin and deceive you again and again. They will also block you.
I made lots of profit in my account, but cannot withdraw it. The customer service emial is the QQ account and does not match with reality. Also, nobody reply the email after sending it.
Fraud platfrom cooperate with scam group to deceive
Keep asking you to deposit after wipe out. Induce step by step and uses every possible way to reject the withdrawal.
Withdrawal needs to pay 100000TWD margin
Withdrawal needs to pay 100000TWD margin? Is there such rules for forex broker?
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National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
License Type:Common Financial Service License
Regulated in Country/AreaUnited States
Regulatory License No.：0538883
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :--
Phone Number of Licensed Institution :--
Licensed Institution Certified Documents :Annex1
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation
Konano is offshore broker registered in Malta, with the company behind it called KONANO Wealth LTD. Konano provides traders with diversified trading instruments including currencies, golds, metals, indices and more.
The alleged trading instruments on the Konano platform are sub-divided into the following categories: golds, metals, energies, forex currency pairs, and indices.
Konano sets its minimum deposit at $300.
In terms of trading leverage, the maximum leverage level offered by Konano is up to 1:50. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high trading leverage.
Spreads & Commissions
The spread according to the home page is 0.5 pips for the EUR/USD pair.
Trading Platform Available
Konano provides access to the Metatrader 4 platform – but it does not have any link to download it anywhere on its website.
Deposit & Withdrawal
Konano accepts deposits via Skrill and credit cards – and we suggest you get familiar with these methods chargeback options if you have deposited with the scammers. Skrill and Neteller withdrawals are issued a 2.9% fee. Withdrawals are processed within 2 days.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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