KUD
We checked KUD against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
KUD claims to be a registered broker with authorization from the United Kingdom Financial Services Authority (FSA) under registration number 220929. But as forex traders, you should know that the current forex regulator in the United Kingdom is Financial Conduct Authority (FCA) not FSA. So when we searched in FCA, with no doubts, we did not find any match results to this broker in FCA. Besides, KUD shows its company address is in Hong Kong. As per relevant law, all regulated forex brokers in Hong Kong are monitored by the Hong Kong Securities And Futures Commission (HK SFC). But we did not find any match results to KUD in HK SFC. The truth is, KUD is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is 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 KUD.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.