About KINGDOM TRADE CENTER
Company Overview
Kingdom Trade Center is a trading entity registered in the United Kingdom, incorporated on January 28, 2022. The company is based at OFFICE 7, 35-37 LUDGATE HILL, LONDON, CITY OF LONDON, ENGLAND, EC4M 7JN. According to our records, the broker operates under no financial regulatory oversight, which places it in a higher risk category for traders.
Despite being registered in a jurisdiction with a well-established financial regulatory framework, the absence of a license from any recognized authority is a significant red flag. Traders should be aware that unregulated brokers offer limited recourse in case of disputes or financial loss.
Regulatory Status
Our research indicates that Kingdom Trade Center does not hold any active financial regulator licenses. This includes the Financial Conduct Authority (FCA) in the UK, which typically oversees forex and CFD brokers operating within the country. The lack of regulatory oversight means the broker is not required to adhere to the strict standards set by regulatory bodies, such as client fund segregation or negative balance protection.
For traders, this absence of regulation introduces substantial counterparty risk. Without a regulatory safety net, there is no guarantee that the broker operates fairly or that client funds are protected. We strongly advise traders to verify any regulatory claims independently before committing capital.
Risk Assessment
FXCanary has assigned Kingdom Trade Center a Scam Risk Score of 49 out of 100, reflecting a guarded level of risk. This score is primarily driven by the broker's unregulated status and the limited publicly available information regarding its operations. The score suggests that while there is no direct evidence of fraudulent activity, the potential risks are elevated compared to regulated counterparts.
Traders considering this broker should conduct thorough due diligence. The guarded score indicates that the broker may not be suitable for all investors, particularly those seeking a high level of security and regulatory protection.
Summary
Kingdom Trade Center is a UK-registered company with no known regulatory oversight. Its recent incorporation and lack of licensing make it a high-risk option for trading. While the broker's website may offer various trading services, the absence of independent verification means that traders should approach with extreme caution.
In FXCanary's assessment, the broker's profile is typical of an unregulated entity that may target retail traders. Without regulatory scrutiny, the broker's business practices remain opaque. We recommend traders prioritize regulated brokers to ensure a safer trading environment.
Overview compiled by FXCanary from regulatory records and public data. full KINGDOM TRADE CENTER review