About Kings Crypto Market
Company Background
Kings Crypto Market is a Cyprus-registered entity operating via the domain kingscryptomarket.com. The company was founded on 25 April 2021. Its registered address is listed as Westfield Liverpool, Macquarie St, Liverpool NSW 2170, which is in Australia, indicating a possible discrepancy between the stated country of registration and physical presence.
Regulatory Status
As per FXCanary’s records, Kings Crypto Market holds no regulatory licence from any financial authority. This absence of oversight is a significant risk factor for traders, as there is no independent body ensuring compliance with financial standards or providing recourse in case of disputes. The unregulated status should be thoroughly considered before any engagement.
Account Types and Minimum Deposits
The broker offers four account tiers: VIP, EXECUTIVE, STANDARD, and MINI. Minimum deposits range from $5,000 for the VIP account down to $350 for the MINI account. These relatively high entry barriers suggest the broker may target more serious or professional traders, though the lack of regulation contradicts that profile. No maximum leverage figures are provided in the records.
Trading Instruments
The known facts do not specify the instruments available for trading. Given the name 'Kings Crypto Market', one might assume cryptocurrency products, but this cannot be confirmed. Without clear information, traders should exercise caution and seek clarity directly from the broker.
Risk Assessment Summary
FXCanary’s Scam Risk Score for Kings Crypto Market is 45 out of 100, classified as 'Guarded'. This reflects the lack of regulation, incomplete information on instruments and leverage, and the unusual address mismatch. The score indicates potential risks that warrant thorough due diligence.
Overview compiled by FXCanary from regulatory records and public data. full Kings Crypto Market review