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KAB Kuwait

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Operating status: SCAM

Website: https://kabkg.com/

Broker violations and abnormal records
  • Jun 21, 2022 BrokersView has reviewed that KAB Kuwait is an Unregulated Forex Broker

    KAB Kuwait is not a regulated broker even though it states offers that look good to be true. KAB Kuwait claims to be owned and operated by KAB Kuwait Group, a group licensed by the Kuwait Chamber of Commerce and Industry (license number: MM/673/300) and the Capital Markets Authority of Kuwait (license number: AP/2017/004). But please be informed that the above two authorities do not regulate forex. 

    The truth is that KAB Kuwait is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    KAB Kuwait is not a regulated broker even though it states offers that look good to be true. KAB Kuwait claims to be owned and operated by KAB Kuwait Group, a group licensed by the Kuwait Chamber of Commerce and Industry (license number: MM/673/300) and the Capital Markets Authority of Kuwait (license number: AP/2017/004). But please be informed that the above two authorities do not regulate forex. The truth is that KAB Kuwait is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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Q&A

I didn't see any regulatory info of this company. Can you help me?

WASAY
Greece
Jul 15, 2022
ANSWER KAB Kuwait is not a licensed or regulated broker even though it states offers that look good to be true. KAB Kuwait claims to be owned and operated by KAB Kuwait Group, a group licensed by the Kuwait Chamber of Commerce and Industry (license number: MM/673/300) and the Capital Markets Authority of Kuwait (license number: AP/2017/004). But please be informed that none of the above authorities issues licenses for forex trading or regulates entities offering forex activities.The truth is, KAB Kuwait is not under valid regulation by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like KAB Kuwait and trade with licensed brokers.
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