File a Complaint Against
Know Your Options and Recover Your Funds
Do You Want to Know If Kingzcrypto Is Legitimate or a Scam Broker?
There is a line in Shakespeare’s Hamlet, “The lady doth protest too much.” Basically, this means if someone insists on something too much, it seems suspicious. This is the case with Kingzcrypto. On their website, they call themselves “The best” and “The fastest” which is always a red flag. These seem like innocent exaggerations, but this kind of vague hype often disguises fraud.
There Are Some Problems with Kingzcrypto
Kingzcrypto continues “protesting too much” about its licensing. There are three mentions of licensing on the home page and an image of a fake license. This broker claims outright to be regulated by the SEC, CySEC, and the FCA. We checked these regulators’ sites, and no, they don’t have these licenses. In fact, they have been flagged by the Swiss regulator FINMA as a suspected scam. Not having a license is bad enough, but outright lying about it is of course much worse. We would stay away from Kingzcrypto,.
Red Flags that Kingzcrypto Could Be a Scam Broker
- Flagged by FINMA
- No license
- No transparency
- Falsely claims to be licensed by the SEC, CySEC and FCA
- Bad reviews
If You’ve Lost Money to Kingzcrypto, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Kingzcrypto, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.