KontoFX logo
Konto FX Review
Traders Rating37 Votes0.5
Website: www.kontofx.com
Phone: +44 1217263858 - 2177, 01414650294 - 02033185045, 07520642598 - 0208 089 5074 - 0203 936 8720
Fake Manager: John Fredericks - Kevin Azarov - Chris Mcguire - Christine Nielsen - Shawn Leroy
Company: NTMT Transformatic Markets OÜ
Address Estonia : Harju maakond, Tallinn, Kesklinna, Parda tn 4, 10151, Estonia
Address Hungary : Northside Business Centres, 2nd and 4th floor, BC91 Office building, Váci út 91, Budapest 1139, Hungary
Konto FX Rating
KontoFX Warning
FCA , CNMV and CONSOB warns against this company! Stay away from KontoFX!
Have You Been Scammed By KontoFX?



Stay far from 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.


What is Konto FX


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?


Why are there so many people making use of them?


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.


Reports are showing that this is a huge risk in using them


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.


They have no license as brokers


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.


Unusual withdraw terms and conditions


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.


Payment methods are dodgy


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?


Other people’s experience with Konto FX


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.



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Online Trading Scams / 24 Responses / by

Post Author: ScamRecovery

24 thoughts on “KontoFX Review

  • John

    (November 20, 2018 - 4:14 am)

    Got scamed for 500€

    • Jean

      (March 9, 2019 - 6:49 am)

      Be aware those companies has no regulation and license nowhere. A lot of people have already been scammed by them and the ombudsman will not help anyone. They dont support unregulated firms.

  • Phil

    (November 22, 2018 - 10:59 am)


  • Denise Yeoman

    (November 27, 2018 - 1:25 am)

    We have just been scammed by Konto FX of $New Zealand $500.00. We were just having a look at Bitcoin and the next thing these guys rang us and did a good job on promoting themselves and said not to do Bitcoin but use them as they trade in various currencies. Only started with $NZ500.00 – we then came across some reviews of people who have been scammed by them so we got hold of their Support team to withdraw our money – but have never heard a thing.
    Surely something can be done to stop these ‘bastards’ scamming off people. Cheers, Denise.

  • Miro

    (December 17, 2018 - 12:24 pm)

    Truth; I did not do my job, I did not check rewues, I payed 250 EUR to Konto FX and got scamed, bullied, disturbed at all possible times of the day…

    Konto FX is a scam!!

    • Donovan

      (March 12, 2019 - 4:59 am)

      Stay clear KontoFX is a total scam.They have opened a new brand UproFX and new victims are emerging as quickly. Today you have to do research before placing your money, and also be aware that the network is full of false reviews that these deceive foreat out. They arrange good Reviews by themselves in thousands and report the critical reviews of their crime Something around 88-97% of all websites for trading Binary is verified to be scam, and it`s nearly useless to chargeback deposit funds to these scammers. Think twice before deposit next time.

  • P Chowdhary

    (December 21, 2018 - 5:33 pm)

    being stupid i did not read the reviews i got scammed £4000 be very bad people esp a man called shawn leroy

    i hope they burn in hell

    • Parveen Chowdhary

      (April 1, 2019 - 2:44 pm)


  • Hamzah

    (December 28, 2018 - 4:28 am)

    Did anyone manage to withdraw your money back?

  • Ernst

    (January 18, 2019 - 9:03 am)

    Loose 250 John bad ass just dodgy just want more money

  • Frances Spicer

    (January 18, 2019 - 6:38 pm)

    I thought I was fairly savvy & feel angry & annoyed with myself for falling for such a scam!!

  • Daniel

    (January 21, 2019 - 10:31 pm)

    Fact ,,Konto Fx is connected heavily to white collar crime ,id theft ,thru asking you for copy’s of passport/driving license etc ,£250 is the start of it,fake chatter on the phone is a pre recorded disc not a busy call Center or trading exchange ,false names ,creepy conversations with them as thou they knew you all your life,stay clear of them ,spread the word report them to fraud departments,and never stop putting them up on the web, on trustpilot they lurk like bacteria trying to reply to poor people they have destroyed,all positive reviews are from staff of konto Fx, the whole issue of them is dirty, dirty dishonest people after your money. I know my details to be true an honest in this review, they may turn up on here defending themselves,but sooner or later they will change there name and carry on and my team will start all over again be warned konto Fx.

  • Daniel

    (March 15, 2019 - 1:05 pm)


    • Lesley

      (May 10, 2019 - 11:54 am)

      Has anyone got there money back? they keep asking for copies of all my personal details before returning the money but never send a secure link to be honest I don’t want to share the details. It different with a bank but these guys are so unprofessional I don’t trust them. Like some others I am usually savy but they fooled me 🙁

  • John

    (March 23, 2019 - 5:40 am)

    KontoFX and their brand UproFX are publishing 100 of fake Reviews on Trustpilot, and at the same time they are very alert in reporting the Reviews of their victims. Really the worst scammers of them all with base in Tel Aviv.

  • Augusto Houana Cossa

    (March 25, 2019 - 12:10 pm)

    I want to know about Stablemining Company

  • Dieter Fichtner

    (April 1, 2019 - 6:46 pm)

    I´m stupid: January 6th 2019 I spent 1,000 Euro via Visa-Card, after that I read the comments. Immediately I asked my money back. The only reaction were several telefone-calls. No Result till now.
    If you can help me to get the money back please

  • Andrew Sandilands

    (April 18, 2019 - 6:57 am)

    Totally scammed by KontoFX.
    Do not go near them.
    All they want is your money

  • Elena

    (April 18, 2019 - 5:55 pm)

    Is someone manage to get the money back from KotoFx

  • Gunilla Aronsson

    (May 3, 2019 - 1:40 pm)

    They took 27000 pounds from me (270000 sv kr)
    What shall I do? I am only a pensioner whith out money?????

  • anthony stephen evans

    (May 20, 2019 - 2:09 pm)

    I been done to 3k never deal with theses people,,to late for me,but you been told.

  • Lakshman Meewella

    (September 24, 2019 - 10:26 am)

    I was enticed to invest £250. I have later realised that it was scam so I stopped dealing with them.
    I wonder whether I could recover my money; I have a copy of the deposit receipt. Thank You

  • Carolyn

    (September 24, 2019 - 9:07 pm)

    Well despite the reviews I invested 250 euro in February and today I realised I had been scammed. I am extremely lucky compared to those who invested savings. A lesson learned.

  • Frank

    (December 20, 2019 - 9:53 am)

    Scammed by 250 dollars.
    Tried to email them. Email non existent

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