Dear Investor,
KQMarkets appears not to be a legitimate retail forex broker.
The firm states it is fully licensed and regulated by the UK Financial Conduct Authority (FCA) under licence number 780026. While it is true that this registration number belongs to a company named KQ Markets Limited, a closer review of the FCA register reveals a critical detail: KQ Markets Limited is only authorised to provide investment advice and is not permitted to offer forex or CFD trading services to retail clients.
Furthermore, KQMarkets asserts that their CFD and securities trading are provided by StoneX and describes itself as an introducer of StoneX. While StoneX is indeed a FCA-regulated firm, StoneX’s official list of brands and appointed representatives does not include KQ Markets. This raises serious doubts about the validity of KQMarkets’ claim to act as an introducer for StoneX, which may be intended to mislead investors into believing they are trading with or through a fully authorised broker.
Given these discrepancies, KQMarkets lacks the necessary regulatory permissions to onboard retail clients for forex or CFD trading, and its association with StoneX appears unsubstantiated. We strongly advise against opening an account or depositing funds with this platform.
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