Find a Reliable Broker – a Task for Professionals
Searching for a reliable broker is a challenging task, especially for those who are just starting out. It happens that beginners fall victim to scammers and lose their funds. Today, we want to talk about a company that raises suspicions – LLC KENKO. There are no reviews from real users, so it is difficult to find out truthful information. We have conducted a comprehensive study and want to share our findings with you. You will learn details about the commercial offer and legal documentation.
Main Information
LLC KENKO claims to provide convenient access to CFD trading on various assets. According to the website information, the company has been operating since 1994 and has over 50,000 trusted users. However, it is better not to believe such information, considering the absence of company reviews.
Using the specialized service whois, we found out that the domain ken-invest.org started functioning only from March 19, 2024. This explains the lack of reviews. Once reviews emerge, dubious actions of scammers can cause harm to many users.
Contacting support for additional information is impossible as the contact details provided are incorrect. The results of email verification are presented in the screenshot.
Users complain that scammers often call from the phone number listed on the website.
Lack of transparency from top management often indicates questionable company activities. Con artists usually prefer to remain in the shadows, as they plan to launch fraudulent projects.
Legal Aspects
The company KENKO presents itself as a regulated broker from Russia. There are no scans of registration certificates and licenses on the website, although all legal information is provided. Checking these data on the Central Bank website did not pose difficulties.
The actual license stated on the website belongs to LLC UK Gradient, which has no relation to KENKO.
The organization’s website address is listed on the Bank of Russia’s website – www.ukgradient.ru.
Earning Opportunities
KENKO offers access to CFD trading on Forex, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs. There are no risk-free training opportunities. After registering on the platform, you need to choose a tariff plan and fund your account. The features of the commercial offer include:
- MetaTrader 5 platform,
- video lessons from an analyst,
- five tariffs with entry thresholds ranging from 20,000 to 9,000,000 rubles,
- minimum trade volume of 0.01 lots,
- maximum leverage from 1:33 to 1:300,
- online chat,
- additional services depending on the tariff, such as SMS notifications, office meetings, signals, and analytics.
We were unable to find reviews of KENKO’s financial activities. Considering that the company operates illegally and simply simulates trading, there is no expectation of payouts. The platform is focused only on attracting client capital.
Why Are There No Reviews?
The lack of reviews is due to KENKO’s recent existence. The company has only been on the market for two weeks, so it is just beginning to gain the trust of users. If you have information about KENKO or have already traded on their platform and lost funds, please share this experience. Leave a review on our website through the special form.
Fraud Features
KENKO is a new scam, although its creators use time-tested fraud schemes. Beginners are convinced to fund their account with a minimum amount, are presented with lucrative deals, and receive trading advice. Once the client begins to trust the company, they are persuaded to invest a large sum, after which their account is blocked, accusing them of violations or money laundering. After that, scammers stop communicating with the client. Return of funds is possible only through a payment refund service.
Conclusion
It is impossible to earn with KENKO, even if you have experience and capital for trading. The company is solely focused on deception, aiming to extract every last penny from your pocket. Regulators may not be able to do anything as scammers can quickly change their appearance and continue their scams under different conditions. Do not trust the words of brokers blindly! Verify their reputation, license presence, and reviews from other users.
My experience with KENKO as a broker in 2024 was incredibly frustrating. The communication was subpar, I could never get a straight or timely answer to any of my inquiries, which made the whole trading experience stressful. Additionally, their platform was riddled with technical hitches and hidden fees that were never explicitly stated early during registration. The lack of transparency was distressing. The promised returns on investments were also poorly made compared to other brokers. Overall, my experience with KENKO was disappointing and I would not recommend their services to others. Their approach is in need of serious observation and improvement.