Kite Forex

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CheckBroker register › Kite Forex
AC-505005

Kite Forex

⚠ Flagged on the register · High risk

We checked Kite Forex against the AskCheck register. It has been reported (2026) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed⚑ Offshore / shell registration
Named in relation to ASIC (Australia)

What we found

Kite Forex's website states only that Kite Forex is a trading name of Kiteforex Ltd and claims registration with the Financial Services Authority (FSA) of St. Vincent and the Grenadines. However, our search of the SVG FSA registry found no record of Kiteforex Ltd. Even if such a registration existed, it would only indicate an International Business Company (IBC) status, not a financial or forex license, as the SVG FSA does not regulate trading activities. Kite Forex also mentions having offices in Taiwan and Australia, yet a check of the registry of the Australian Securities & Investments Commission(ASIC) yielded no matching entity. There is no evidence of regulation by any credible authority. Therefore, Kite Forex appears to be a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report Kite Forex.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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