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KENKEFX is NOT properly regulated and should definitely be avoided even though it provides an impressive list of the so-called accreditation and licenses.
KENKEFX claims to be a brand name of Kenke Capital Global Limited, a wholly-owned global company registered in the UK. However, it is not regulated by the UK's Financial Conduct Authority (FCA), since we didn't find any information about its regulation from FCA.
KENKEFX also claims to be authorized and managed by the US Financial Enforcement Bureau MSB and registered as a member of the US National Futures Association (NFA). However, MSB does not regulate forex trading, and it is actually not a registered member of NFA. Therefore, KENKEFX is not overseen or authorized by any financial regulator.
As per the evidences above, our final verdict is that KENKEFX is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers.
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