KDC Asia is a forex and CFD broker that claims to offer a wide range of trading products and services. However, there are a number of red flags that suggest that KDC Asia is a scam broker.
Company Overview
Does KDC Asia Have Any License?
No, KDC Asia does not have any license from any reputable financial regulatory authority. This means that KDC Asia is not subject to any oversight or regulation, which makes it a high-risk investment.Is KDC Asia Regulated By Any Authority?
No, KDC Asia is not regulated by any authority. This means that KDC Asia is not subject to any oversight or regulation, which makes it a high-risk investment.
Pros and Cons
Pros:
- KDCAsia offers a wide range of trading products and services.
- They offer a demo account that allows traders to practice trading without risking any real money.
- This company offers a variety of educational resources to help traders learn about forex and CFD trading.
Cons:
- KDC Asia is not regulated by any reputable financial regulatory authority.
- They have a history of negative reviews from its users.
- Company has been accused of being a scam broker.
How Does KDC Asia Reach To Their Prey?
KDC Asia targets unsuspecting investors through a variety of methods, including:
- Online advertisements: KDC Asia advertises its services on a variety of websites, including social media and search engines.
- Cold calls: KDC Asia employees make cold calls to potential investors, offering them the opportunity to make a lot of money through forex and CFD trading.
- Seminars: KDC Asia hosts seminars and workshops where they present their trading platform and services to potential investors.
Technical Details
Minimum Deposit:
The minimum deposit requirement for KDC Asia is $250.
Trading Platform:
This company uses the MetaTrader 4 platform, which is a popular and user-friendly trading platform.
Spread:
The spreads offered by KDC Asia are not competitive.
Leverages:
The leverages offered by KDC Asia are high, which can magnify losses as well as profits.
Packages and Products They Offer
They offer a variety of trading packages, each with its own set of features and benefits. The most basic package is the Starter Package, which offers a small amount of leverage and a limited number of trading instruments. The most comprehensive package is the VIP Package, which offers high leverage, access to all trading instruments, and dedicated customer support.
Withdrawal and Deposit Method
KDC Asia offers a variety of withdrawal and deposit methods, including credit cards, debit cards, wire transfers, and e-wallets. However, there are a number of fees associated with withdrawals and deposits, which can make it difficult to get your money out of KDC Asia.
What Do Their Previous Traders Say?
There are a number of negative reviews about KDCAsia online. Former traders have complained about the high fees, the lack of customer support, and the difficulty of withdrawing money from the platform.
Summing Up- Why Should Not You Trust KDC Asia
There are a number of reasons why you should not trust KDCAsia. First, the company is not regulated by any reputable financial regulatory authority. Second, KDC Asia has a history of negative reviews from its users. Third, KDCAsia has been accused of being a scam broker.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to KDCAsia, you may be able to get your money back through a chargeback or a refund. However, this process can be complicated and time-consuming. You may also want to consider hiring a financial recovery firm to help you get your money back.
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Final Thoughts
KDC Asia is a scam broker that should be avoided. If you are considering trading with KDCAsia, we urge you to reconsider. There are many legitimate forex and CFD brokers out there that offer better trading conditions and more reliable services.
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