Kings Option Trade Ltd
We checked Kings Option Trade Ltd against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
According to its website, it claims to be registered with multiple regulatory bodies. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Vanuatu Financial Services Commission (VFSC), or European Securities and Markets Authority (ESMA). In addition, it claims regulated by the Cyprus Securities and Exchange Commission (CySEC) with license 171/12. Upon investigation, we found that the website information registered with CySEC differs from Kings Option Trade. Kings Option Trade has stolen the regulatory information of compliant companies to pretend to be legal. Investors are advised to stay away and do not deposit money here. In essence, Kings Option Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Kings Option Trade appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Kings Option Trade Ltd.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.