✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in KnownFX. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about KnownFX and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | knownfx.com |
| 🏠 Company | KnownFX LTD |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | KnownFX |
| 📌 Direction | 174 Camden High Street, London, England, NW1 0NE |
⚠️ KnownFX is not listed in any registry and the published address does not correspond to any financial company. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts offered by KnownFX, in this case, we observe that it offers 6 different types of accounts:
| Account type | Minimum initial deposit |
| Trial | USD 12 / 3 Days |
| Forex | USD 65 / 30 Days |
| Extra Forex | USD 329 / 360 Days |
| Cryptocurrency | USD 65 / 30 Days |
| CryptoPlus | USD 349 / 360 Days |
| Crypto Forex | USD 100 / 30 Days |
Information on the web
KnownFX provides a basic explanation of the financial products it offers, market news and analysis, economic calendar, asset calculator, really not much more than this.
List of phone numbers
- +447456389015
🚫 KnownFX Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH KnownFX.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about KnownFX:
| Date | Update – news |
|---|---|
| March 2023 | Complaint against KnownFX of FCA. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by KnownFX
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report KnownFX
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report KnownFX?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is KnownFX a scam – is it a scam?
Yes. We believe KnownFX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is KnownFX reliable?
No. KnownFX is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from KnownFX?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to KnownFX?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
This company is not trustworthy. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hi Carlos Alberto, thanks for writing about KnownFX. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.