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.
©2018-2023 BrokersView Ltd. All Rights Reserved.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.