- Stay far from Konto FX
- What is KontoFX
- Why are there so many people making use of them?
- Reports are showing that this is a huge risk in using them
- They have no license as brokers
- Unusual withdraw terms and conditions
- Payment methods are dodgy
- Other people’s experience with KontoFX
There are so many different investment brokers on the market. Many of them are legit, but there are some of them that are illegal and just another scam for people to lose money. KontoFX is one of the brokers that have many negative reviews and comments. But, still are there so many people that are making use of them, and that are getting scammed on a regular basis.
This is why it is so important to make sure that you are reading all the reviews and information online, to ensure that you are not going to fall for a company like KontoFX. If you are still considering using them, you should make sure that you are reading this. This will ensure that you protect your money, and not lose money by using them.
The first thing that you need to know is what is KontoFX. This is an investment CFD broker on the crypto market. They are offering a huge variety crypto coins that you can buy and resell. This is why this is also called an investment.
They are offering a fast and huge turnaround on your investments. They are also promising that the risks are much lower than with other CFD brokers. But, is this really the truth?
If there are so many complaints about them and so many bad reviews, why are there still people that are making use of them and falling for their scams?
The answer is simple. Most people don’t read reviews and don’t gather as much information as possible before they are using a website. They just trust them and start using them.
The other reason is that of the promises that KontoFX are making. Some are really unrealistic promises, but still, people believe them. Just to find out after a month or two, that they were actually a victim of a scam where they have lost a huge amount of money.
The negative publicity that KontoFX is getting, has nothing to do with people that are just unhappy because their investments didn’t show a profit. Reports are showing that all their information is misleading and not honest at all.
From the fact that they have some terms and conditions that are ridiculous to promises that are impossible to keep. When you are taking the time to do some research, you will find there aren’t any positive reviews about them. All of the reviews are warnings that they aren’t legit and that they are scammers.
These are some of the reasons why you should stay away from KontoFX if you are looking for a cryptocurrency investment.
The first thing that you need to realize is that they are an unlicensed broker. This means that they can make and break rules as far as they can go. They aren’t registered as a broker, so you can’t report them for being dishonest and misleading.
This is normally the first sign that there is something fishy with this broker. Every legit and trustworthy broker is licensed and needs to obey all the rules and regulations of being a CFD broker.
The last thing that you want, is not to be able to withdraw your money from a broker when you need to get the money that you invested in. In most cases, a legit CFD broker doesn’t have high withdraw terms and conditions. You can get the money paid into your account at any time.
However, this isn’t the case with KontoFX. They have unusual withdraw terms and conditions that you will see immediately when you read the terms and conditions. And, this is a mistake that everyone makes. Who really read the terms and conditions of a company before buying or using their services? You can’t withdraw your deposit with your profit immediately after requesting it. Meaning that you will have huge problems for getting the money paid into your bank account.
Looking at the payment and deposit methods that they are offering, something isn’t right. The popular and trusted e-wallets that you can use aren’t available at KontoFX for paying the deposit and for withdrawing the money from your account. Most reliable services are making use of options like Neteller, Skrill, and PayPal. You can only make use of your visa, debit or credit card. Those cards where you can’t get a refund when you realize it is a scam.
Now, you need to ask, why don’t they make use of the normal e-wallet options. This is normally easier and better to use than to use your visa, or credit card. Maybe because they don’t want to lose the money with a refund?
It is easy to see that KontoFX are illegal and a scam, by just looking at other people’s experience with KontoFX. There is not one single person that has left a positive feedback about this broker. You will see that the company was reported a lot of times, because of scams.
Reviews are negative, there are many complaints and reports against them. But, still, they are in business and scamming people out of money.
KontoFX is offering some great services, with promises that might let you consider using them. However, you need to make sure that you know that if something sounds too good to be true, it probably isn’t true at all. They are unlicensed brokers and they are not really paying profit out.
This is one of the most popular CFD brokers, that is ending up stealing your money. So, before you consider making use of them, because of their promises, you need to make sure that you are getting all the facts. Facts that might show that they are fraudsters and they will steal your money, without thinking twice.