KSD

KSD is a company registered in the United Kingdom, established on 24 June 2019. Its registered address is 71-75 Shelton Street, London, Greater London, WC2H 9JQ. The company operates under the name Keston and claims to run a Multilateral Trading Facility (MTF) for forex and other financial markets.

Despite its UK registration, KSD does not hold any valid regulatory licence from the Financial Conduct Authority (FCA) or any other recognised regulator. The broker’s own website asserts NFA registration, but this is not authorised, leaving KSD effectively unregulated. Traders should approach with extreme caution.

KSD claims to be regulated by the National Futures Association (NFA) in the United States under ID 0520672. However, cross-checks with public NFA records confirm that this licence is not valid. Moreover, the NFA does not oversee UK-based forex brokers in the manner claimed.

As a result, KSD operates without any form of regulatory oversight. There is no investor protection scheme, no compensation fund, and no independent dispute resolution process. This is a severe risk factor for any trader considering depositing funds.

KSD states that it offers a Multilateral Trading Facility, which typically refers to a non-exchange trading venue for multiple asset classes. The broker claims to provide services in forex and other financial markets, but specific details on instruments such as currency pairs, CFDs, commodities, or indices are not available through public records.

Information about trading platforms (e.g., MetaTrader, cTrader) or account types is also absent. Without verifiable details, traders cannot assess the suitability of the broker’s offering. The lack of transparency alone is a red flag.

There is no public information on how KSD handles client funds. The broker does not disclose whether funds are held in segregated accounts, nor does it mention participation in any compensation scheme. Given the absence of regulation, clients have no recourse if the broker misappropriates funds or ceases operations.

FXCanary’s Scam Risk Score for KSD stands at 75 out of 100, indicating a severe risk profile. This score reflects the unregulated status, the unauthorised NFA claim, and the general lack of verifiable information. Traders are strongly advised to avoid this entity.

KSD is a UK-registered company with no valid regulatory licence. It claims to offer forex and CFD trading via a Multilateral Trading Facility, but these claims cannot be independently verified. The broker’s reliance on a false NFA registration and its complete absence from reputable industry databases make it a high-risk choice for traders.

For those seeking a safer trading environment, regulated brokers under the FCA, CySEC, or similar authorities are recommended. KSD should be avoided until it provides clear, verifiable regulatory and operational disclosures.