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!
No restriction on the broker account. Provide service support by WikiFX
Kraemfx Trading Co Ltd
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 9 for this broker in the past 3 months, please be aware of the risk and the potential scam!
The broker changes it name, but still unable to withdraw
The broker changes it name, but still unable to withdraw
Can't withdraw money. The broker was closed off by a fraudulent account.
From previously complained about the inability to withdraw money There is a broker to trick you into opening an account and depositing money into this broker. Trade and earn and make a withdrawal It appears that the withdrawal cannot be made. The broker has suggested to deposit more. But knowing that he was scammed, he didn't make any deposits. The broker has now closed the account. and cannot withdraw any more money I hope you to help me. Please help me, thank you very much.
Scam company, Beware!
They are really good at stealing your money. I invested thousands of dollars and when it came time to withdrawing, they manipulated the platform to make three large losing trades in my account I raised a formal complaint submitted to fintrack/ org and sent an email to Kraemfx right after, of which i didn’t get any acknowledgement from Kraemfx. The request would still have been pending till now, but the formal complaint I submitted got me withdrawal access to my funds.
Beware of Kraemfx
i had a horrible experience with Kraemfx because unilaterally closed profitable positions before they get too profitable for the customer - they call this a “profit call”. On numerous occasions I made a correct assessment of market movements but when I logged in to see how the CFD was going it had been closed without any reason given other than “profit call”. Beware of this company
2022/6/15 7:17:16United States
MT 5 freeze my kraemfx acc and unable to withdraw
On Monday start trading with $5000 then i my broker help me for trading after that all trade I made more than$40000 in single day then yesterday I make $7600 in single trade after that when I log in to my acc on MT5 my account was authorised failed then i suddenly tell to my broker then she give me MT 5 customer care no then I conservation with then he tell me my account was freeze due to frequently trading and funds are increased more by 10 times and I cant log in my account and cant withdraw h
Malicious inducement from trading platform
On May 2nd, Kraemfx Trading Co., Ltd. maliciously induced the transaction, resulting in liquidation and loss of all funds.
Induced by malicious intent, resulting in heavy losses
On May 2nd, I was induced by Kraemfx Trading's shills, resulting in a malicious liquidation loss of 62,113.72USD during the transaction.
Kraemfx is one miserable platform
The people from Kraemfx trading are all very friendly and helpful until you stop investing or try to withdraw some of your investment, then they totally ignore every advance you make to them. I dared Kraemfx to contact me and prove me wrong , be careful where you invest your money.
2022/5/11 21:53:47United States
Scan to Download
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.
Current Status:Suspicious Clone
License Type:Common Financial Service License
Regulated in Country/AreaUnited States
Regulatory License No.：0547159
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
Headquartered in London, UK, Kraemfx Trading Co Ltd is a brokerage firm offering a wide range of trading instruments. This company says it has a wide range of clientele, with annual transaction volume of more than hundreds of billions of dollars.
To give its clients an excellent trading atmosphere, Kraemfx Trading offers more than 400 trading products, leverage up to 1:500, as well as 24-hour customer care to solve any trading-related issues.
Four classes of trading instruments including foreign exchange, crude oil, index available through the brokerage platform. Traders have the freedom to select one of them to use based on the preferences that they have towards trading.
Trading accounts are designed for both retail and professional traders, which include Standard accounts and VIP accounts. Obviously, the first account is more suitable for novice traders, with the minimum initial deposit from $500, a little bit high threshold. With standard accounts, you can trade foreign exchange, commodities, precious metals, and CFD products. VIP account holders can enjoy more competitive spreads and lower trading costs.
The maximum trading leverage offered by Kraemfx Trading is up to 1:500, which is a generous offering, ideal for professional traders and scalpers as it presents more overall trading flexibility, which directly impacts profitability. However, since leverage can magnify your profits, but it can also cause to fund losses, especially to inexperienced traders. Therefore, it is essential for traders to choose the proper amount based on their risk tolerance.
Spreads & Commissions
Spreads and commissions are determined by trading accounts. With Standard accounts, average spreads conditions are offered, in line with the industry standards. And VIP accounts offer raw spreads as low as 0.0 pips, yet with certain commissions charged.
Trading Platform Available
Kraemfx Trading offers its clients access to the worlds most popular trading platform-MetaTrader 5. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.
Deposit & Withdrawal
Concerning deposit and withdrawal, Kraemfx Trading does not make this part clear. Some common and popular payment options supported by most forex brokers include Wire Transfer, MasterCard, VISA, Maestro, as well as a series of e-wallet processors like Skrill, Neteller, PayPal, and more. One of the most important aspects in determining the trustworthiness of a forex broker is the speed with which funds may be withdrawn.
A broker's ability to provide excellent customer service cannot be understated. As for the contact information, Kraemfx Trading offers clients with any trading-related issues access to its 24 online customer care through its global customer service line: email@example.com.
Company registered address: Apartment 1804 55 Upper Ground, London, England, SE1 9EY, United Kingdom.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
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.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.