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The WikiFX Score of this broker is reduced because of too many complaints!

KONANO

Malta|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 White Label|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.konano.com/en/index.htm

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
KONANOWealth-Demo MT4
Server Location Hong Kong

Contact

(+356) 2778 1919
services@konano.com
https://www.konano.com/en/index.htm
168 St Christopher Street, Valletta VLT 1467, MALTA
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

(+356) 2778 1919

Broker Information

More

Company Name

KONANO Wealth LTD

Company Abbreviation

KONANO

Platform registered country and region

Malta

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2023-10-04
  • It has been verified that this broker currently has no valid regulation. 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!

WikiFX Verification

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    KONANO · Company Summary

    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.

    Market Instruments

    The alleged trading instruments on the Konano platform are sub-divided into the following categories: golds, metals, energies, forex currency pairs, and indices.

    Minimum Deposit

    Konano sets its minimum deposit at $300.

    Leverage

    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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    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
    License or other information error corrections, please send the information to:qawikifx@gmail.com
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