King Forex

King Forex exhibits a profile that requires careful consideration. According to the WikiFX assessment, the broker holds a very low overall score of 1.27 out of 10. Crucially, it operates without any valid forex trading licenses from major financial authorities. This absence of credible regulatory oversight means traders' funds are not protected under standard compensation schemes, and there is no independent body to resolve disputes. Investors should be aware of this fundamental operational risk.

No, King Forex is not regulated by any recognized financial authority. Our verification of its license status shows no valid forex trading licenses from regulators such as the FCA, ASIC, or CySEC. The entity is registered in Singapore but does not hold a license from the Monetary Authority of Singapore (MAS) for forex brokerage activities. Operating without regulation is a significant concern for investor protection.

King Forex operates a tiered account system with varying minimum deposit requirements. The entry-level Bronze Starter account requires a minimum deposit of $1,000. For the Silver Premium account, the minimum deposit is $2,500, and the Gold Professional account has a higher entry requirement of $5,000. These deposit levels are considerably higher than the industry average for standard retail accounts.

Information regarding the specific trading platforms supported by King Forex is not currently detailed in its public profile. The broker does not explicitly list MetaTrader 4 (MT4) or MetaTrader 5 (MT5) among its services. For accurate and current information on platform availability, it is recommended to verify directly through the broker's official channels.