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Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

KANAK CAPITAL MARKETS

Comoros Comoros | 2-5 years |
Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

https://kanakcapitalmarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

KanakCapitalMarkets-Live

United Kingdom
United Kingdom
MT5
11

Influence

D

Influence index NO.1

India India 2.59

MT4/5 Identification

MT4/5 Identification

Full License

11
Server Name
KanakCapitalMarkets-LiveMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence index NO.1

India India 2.59
Surpassed 22.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 800 066 8222
https://kanakcapitalmarkets.com/
Bonovo Road, Fomboni, Island of Mohéli, Comoros Union

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Comoros
Operating Period
2-5 years
Company Name
Kanak Capital Markets LLC
Customer Service Email Address
info@kanakcapitalmarkets.com
Contact Number
+448000668222
Account
Related Software
Biz Area
Website
Genealogy
Related Companies
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
2
MT5 Servers
291.75
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect
Trading App
All 2
iOS 1
Android 1
logo
Kanak Capital Markets aTrader
Trade wherever you are using any Android device with the advanced trading app
Downloads
216
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots
logo
Kanak Capital Markets iTrader
Your Gate to Forex Markets
Downloads
396
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots

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Website

  • Singapore kanakcapitalmarkets.com
    184.168.99.36
  • Singapore kanakmarkets.com
    184.168.109.23

Genealogy

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KANAK CAPITAL MARKETS

Related Companies

كاناك كابيتال ماركتز ش ذ م م - مكتب تمثيل KANAK CAPITAL MARKETS LLC - REP. OFFICE
Comoros
كاناك كابيتال ماركتز ش ذ م م - مكتب تمثيل KANAK CAPITAL MARKETS LLC - REP. OFFICE
Active
Comoros
Registration No.1072876
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

Kanak Capital Markets Review Summary
Founded2012
Registered RegionComoros (no recognized financial regulation)
RegulationNo regulation
Market InstrumentsForex, Commodities, Indices, CFDs, Stocks
Demo Account
Islamic Account
Leverage/
Spread /
Trading PlatformsKanak Capital Markets Platform, MetaTrader 5 (MT5)
Minimum Deposit$2,500
Customer SupportCall: 80006512002
Email: info@kanakmarkets.com

Kanak Capital Markets Information

Kanak Capital Markets was created in 2012 and is based in Comoros. It doesn't have any recognized financial rules. Using both its own platform and MetaTrader 5, it offers a variety of CFD trading services for currency, commodities, indices, and stocks. It has demo and swap-free accounts, but the fact that it isn't regulated creates a lot of risk worries.

Kanak Capital Markets' homepage

Pros and Cons

ProsCons
Wide range of tradable instrumentsNo regulation
Offers both demo accounts and swap-free (Islamic) accountsHigh minimum deposit ($2,500 for the lowest-tier Silver account)
Supports MetaTrader 5 and proprietary platformUnclear fee structure

Is Kanak Capital Markets Legit?

Kanak Capital Markets is not a regulated broker. It says it is registered in the Comoros, although this area does not have a recognized financial regulation that oversees forex or brokerage services.

Whois data show that the domain kanakmarkets.com was registered on January 25, 2022, last updated on October 4, 2022, and will expire on January 25, 2027. It is now “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited.”

Domain information

What Can I Trade on Kanak Capital Markets?

Kanak Capital Markets offers CFD trading across multiple asset classes, including forex, indices, energy, stocks, and other commodities.

Tradable InstrumentSupported
Forex
CFDs
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs
What Can I Trade on Kanak Capital Markets?

Account Type

Kanak Capital Markets has three types of live trading accounts: Silver, Gold, and Platinum. They also have demo accounts for practice and swap-free (Islamic) accounts for traders who need circumstances that follow Sharia law. Silver is good for smaller traders, Gold offers personalized help, and Platinum is for more experienced traders with a lot of money.

Account TypeMinimum DepositStop OutPersonal Account ManagerSuitable for
Silver$2,50030%New or small-scale traders
Gold$5,000Intermediate traders seeking support
Platinum$50,000Advanced, high-capital traders
Account comparison

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Kanak Capital Markets PlatformWeb, likely desktop & mobile/
MetaTrader 5 (MT5)Windows, macOS, iOS, AndroidExperienced traders
MetaTrader 4 (MT4)Beginners
Trading Platform

Deposit and Withdrawal

Kanak Capital Markets doesn't charge its own fees for deposits or withdrawals, although banks may impose fees for transferring money or exchanging currencies. The minimum deposit amount varies by account type. Silver account $2,500, Gold account $5,000, and Platinum account $50,000.

Payment MethodMinimum Deposit FeesProcessing Time
Bank Transfer$2,500Free from Kanak; bank fees may applyNot mentioned; depends on bank
Deposit

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Self-developed
  • Global Business
  • High potential risk

News

Kanak Capital Markets Exposed: Mounting Fraud Allegations Leave Traders Unsafe

Exposure Kanak Capital Markets Exposed: Mounting Fraud Allegations Leave Traders Unsafe

Do you face problems beyond withdrawal denials at Kanak Capital Markets? Does the broker charge you hidden fees, such as swap charges? Do you witness constant capital losses due to manipulative trades by this broker? Have you also witnessed a series of lies and threats by the broker officials? You have selected the wrong broker for forex trading. Read on for more details.

Wiki Q&A

What is the regulatory status and risk profile of KANAK CAPITAL MARKETS?

Kanak Capital Markets LLC operates as an unregulated entity without valid licenses from mainstream financial authorities like the FCA, ASIC, or CySEC. Registered in Comoros and operating globally for 2-5 years, it lacks the client fund protection and regulatory oversight typical of established jurisdictions. The firm's WikiFX total score is 2.20.

In a week
United States

What platforms can I use to trade with KANAK CAPITAL MARKETS?

The broker offers the MetaTrader 5 (MT5) platform. MT5 supports advanced trading features, including the use of Expert Advisors (EAs) for automated trading, scalping, and hedging strategies. The platform's reported average order execution speed is 267 milliseconds.

In a week
United States

What types of accounts does KANAK CAPITAL MARKETS offer?

Kanak Capital Markets structures its services around three main account tiers: Silver with a $2,500 minimum deposit, Gold requiring $5,000, and Platinum for deposits starting at $50,000. All account types permit the use of Expert Advisors, scalping, and hedging. Specific details on spreads, leverage, and commissions are not publicly disclosed by the broker.

In a week
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

In a week
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How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

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What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

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How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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