Kimonsage is suspected to be a fraudulent broker, which is why we have created the Kimonsage Review to alert those seeking a trustworthy FX broker. It is crucial to raise awareness among investors and traders regarding the legitimacy of all types of brokers, regulated forex brokers, forex trading platforms, Forex brokers, crypto brokers, and others. In this Kimonsage review, we will talk about the reasons why Kimonsage is listed among the fraudulent brokers 2024 list by Fraud Complaints and guide how victims of Kimonsage can reclaim their lost funds.
Basic Details for Kimonsage
Website: https://www.kimonsage.io/
Website Availability: YES
Official Address: NA
Regulation: Unregulated
Warned By: Autorité des Marchés Financiers (French)
Domain Status:
What is Kimonsage (https://www.kimonsage.io/)?
Kimonsage is an online broker that claims to provide trading opportunities in forex, commodities, cryptocurrencies, and other financial instruments. The website presents itself as a professional platform with lucrative investment opportunities. However, despite its sleek interface and promotional materials, Kimonsage has garnered significant negative attention due to suspicious practices and poor customer feedback.
A quick visit to Kimonsage.io may give potential investors the impression that they are dealing with a legitimate broker, but deeper investigation reveals troubling details.
AMF Warned against Kimonsage
One of the strongest warnings against Kimonsage comes from the French financial regulator, the Autorité des marchés financiers (AMF). In an official warning, the AMF blacklisted Kimonsage, flagging it as an unauthorized and unregulated platform. This public announcement indicates that Kimonsage operates without the necessary licensing, making it a risky choice for traders.
When a regulatory body as authoritative as the AMF issues such a warning, investors should take it seriously. It is a clear indication that Kimonsage does not meet the regulatory standards set for financial service providers, which puts traders’ investments at significant risk.
Warning Signs and Complaints
Kimonsage operates without proper regulatory oversight, meaning it can engage in unethical practices without fear of legal repercussions. This is a serious deal-breaker for any internet broker. A lot of users complain that after they deposit money, they can’t take it out. Kimonsage employs stalling tactics or outright refuses to process withdrawal requests, leaving traders frustrated and helpless. Kimonsage often uses aggressive tactics to lure in unsuspecting traders, such as persistent phone calls, emails, and promises of high returns. This kind of pressure can be overwhelming and often results in individuals making hasty and uninformed investment decisions.
Kimonsage Review – Conclusion
Based on many factors explained above we have finally concluded that Kimonsage is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to Kimonsage fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from Kimonsage.
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Note: The Kimonsage review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring Kimonsage company.