Is Kingzcrypto an ECN broker?

http://www.kingzcrypto.com/    

Kingzcrypto is not a licensed or regulated broker even though it states offers that look good to be true. Kingzcrypto claims to be a licensed broker under the regulation of "the Securities and Exchange Commission (SEC)". The "SEC" may refers to Cyprus Securities and Exchange Commission (CySEC). So we searched CySEC but did not find any matching results. 

In addition, this broker also claims to be located in Switzerland. We searched the Swiss Financial Market Supervisory Authority (FINMA) but found the regulator issued a warning against Kingzcrypto for not entered in the commercial register. You can check the full warning from here.

The truth is, Kingzcrypto is not overseen 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 Kingzcrypto and trade with licensed brokers.