Red Flags
2
Kyolo Markets
Kyolo Markets Limited exhibits numerous warning signs of fraudulent activity, including regulatory non-compliance, misleading claims, and reports of financial losses from investors. Avoid at all costs.
Quick summary on Kyolo Markets
Lack of Regulatory Compliance:
Kyolo Markets Limited is not registered with any reputable regulatory body such as ASIC, FCA, or SEC. This means they operate without oversight, making them a high-risk entity for investors.
Misleading Trading Claims:
The company falsely claims to offer attractive trading conditions, such as high leverage of 500:1, which exceeds regulated limits. This indicates that Kyolo Markets Limited is deceiving investors with unrealistic promises.
No Contact Information Provided:
A legitimate broker provides clear contact details, but Kyolo Markets Limited hides its address, phone number, and social media profiles. This is a classic sign of a scam operation trying to avoid accountability.
High Risk of Financial Loss:
Several reports indicate that users who deposited money with Kyolo Markets Limited faced difficulties in withdrawing their funds. This suggests the platform engages in fraudulent activities to trap investors.
Requests Excessive Personal Data:
The platform asks for sensitive personal details, including identification documents and banking information, before granting access. This raises concerns about identity theft and misuse of personal data.
Intel Reports
by: Kylo McMillan
Promises the world, delivers headaches. Classic.🤦♂️
by: Zola Levy
A ‘market’ where your money disappears faster than you can say ‘scam.
by: Nathalie Stout
Feels more like a magic trick than a trading platform—now you see your money, now you don’t.🎩✨
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