Kanyon Trading SCS Review: Is It a Safe Broker or a Scam?

In our Kanyon Trading SCS review, we will discuss an international broker from Austria that is “rapidly growing”. While the company’s owners speak about it with enthusiasm, there is not much information available online. Let’s take a closer look at the bold claims and see how to protect yourself from unreliable investments.

Kanyon Trading SCS General Information

Registration and Client Portal Review

The official website of the Austrian broker looks quite strange. First of all, it only supports English and Russian — there isn’t even a German version. Secondly, the site contains a lot of promotional claims that are not backed by any real evidence. The menu seems rather limited for a major broker. The footer lacks some important legal information, and the trading conditions are not fully disclosed. Either the website is unfinished, or Kanyon Trading SCS simply cannot be considered a reliable global broker.

To register, users must fill out a form and agree to the provided regulations. The required fields include:

• First name.
• Last name.
• Phone number.
• Email.

Additionally, users must create a password to access the platform. The company takes no responsibility for storing it. Surprisingly, even an email confirmation code is not sent. Such a lack of security measures naturally raises many concerns.

The client portal of Kanyon Trading SCS is as generic as it gets. There’s nothing unique or innovative about it — just the bare minimum functionality. Users can only deposit funds, complete verification, and access the trading platform. That’s it. The design is entirely template-based, lacking any additional features or extra services that could set it apart. There are no educational resources, no analytical tools, and no value-added options for traders. It feels like a hastily assembled portal, offering the most basic experience without any real effort to enhance user engagement.

Kanyon Trading SCS Trading Conditions

According to the creators, Kanyon Trading SCS offers the most comfortable online trading service. Let’s see if that claim holds up.

Account Types Review

The broker provides three account types, with a minimum deposit starting at $150. The leverage is the same for all — 1:100. Just a reminder: Austria is still a member of the European Union, meaning brokers operating in this country must comply with MiFID II regulations. In other words, they are not allowed to offer such high leverage to retail traders.

As the account balance increases, more features become available. However, the most important trading conditions remain hidden from users until registration. Not that it helps much — ‌because even after signing up, you won’t find clear information about spreads or commissions. Instead, the broker highlights features like negative balance protection and deposit insurance, as if that alone should justify their offering.

It’s far from normal to list only these aspects in the trading conditions while keeping key cost structures in the dark. Another red flag is the drastic difference in minimum deposit requirements between account type. Two accounts require almost ten times more than others, yet there are barely any real differences aside from these vague “deposit protections.” A truly reputable broker wouldn’t operate this way.

Trading Platform

Kanyon Trading SCS proudly presents its reliable and innovative trading platform, which… works in a web browser! Their “Web Trader” allegedly allows users to:

• Access a wide range of assets (how wide?).
• Analyze market data (assuming you can find any meaningful tools to do so).
• Place limit orders (because that’s somehow a premium feature now).
• Use indicators and more (what “more” means, we may never know).

Liquidity? Oh, don’t worry. It supposedly comes from the “largest providers.” And the Kanyon Trading SCS team? They claim to be tirelessly searching for the most profitable opportunities so that your capital can magically grow. However, let’s take off the rose-colored glasses.

Indicators? Technically, they exist, but the selection is so barebones that serious analysis is out of the question. A for liquidity, instead of coming from reputable providers, it’s sourced from who-knows-where.

And the best part. No one even knows who built this platform. No information on the developer, no transparency, nothing.

Kanyon Trading SCS — Deposit and Withdrawal of Funds

Deposits and withdrawals have left us puzzled. Payments are processed by a company called Unicorn Group. What do we know about them? Well, according to their website, the company is based in Switzerland and offers innovative payment solutions for European traders. However, there is no mention of them in any reliable and popular payment system rankings in Europe. Moreover, user reviews about Unicorn Group are absent from public sources. Assessing the reliability and quality of their services under these circumstances is extremely difficult.

As for withdrawal times, Kanyon Trading SCS doesn’t provide any information at all. The company doesn’t disclose how long withdrawals might take, what the fees are, or what limitations might apply. Furthermore, the site doesn’t even have a document outlining their deposit and withdrawal policy, which is not just odd, but outright suspicious for a serious broker.

What they do offer, however, is a list of cryptocurrencies in the website’s footer. Considering that there’s no information on deposits or withdrawals on the site itself, it’s safe to assume that this list of cryptocurrencies is just another marketing gimmick.

Verification

Verification is mandatory on the website. This can be done through the personal account. To complete the process, you need to upload various documents to the system, such as a selfie with your passport, bank statements, and utility bills. However, sharing such sensitive personal information with a questionable company raises serious concerns. It’s highly doubtful whether it’s safe to trust an unknown entity with such private data.

Additional Options

The concept of “deposit insurance” sounds reassuring at first glance, but here it’s more of a marketing tactic than a benefit. If we dig deeper, we find that there’s no clear explanation on the website about how this insurance works, what exactly it covers, or how clients can actually profit from it. In fact, there’s no documentation or policy on the site to back up these claims. It’s safe to say that such vague assurances only add to the confusion.

The term “deposit protection” is similarly vague and unsubstantiated. In reality, it means absolutely nothing without clear and transparent details about the protection mechanism in place. How are deposits being protected? Who is responsible for ensuring their safety? These are questions that remain unanswered. Once again, it’s a generic phrase with no solid backing — just another attempt to give the illusion of security to potential investors.

24/5 Personal Support perhaps is the most laughable claim of all. Is it a chatbot, an automated service, or a real human being who can help with actual problems? Given the lack of transparency in their services, it’s safe to assume that “24/5 personal support” is more of a buzzword than a genuine offering. After all, if you can’t get clear answers about the company’s core services, it’s highly unlikely their customer support will be much help either.

Is Kanyon Trading SCS a Scam?

Finally, there are some important facts that we just can’t ignore. Let’s take a look at each red flag of potential fraud.

Legal Information and License

So, is this so-called Austrian broker actually registered in Austria? Well, that might work on Mars, but here on Earth, the Austrian broker somehow turned up in the Luxembourg registry. And here’s another thing — this is not even a broker. You won’t believe what they actually do. Okay, fine, we’ll tell you: they deal in wholesale grain, tobacco products, seeds, and animal feed. Need more comments on this? If anyone needs it, we’ll be happy to give it to you.

Kanyontradingscs.com Domain Info

Kanyon Trading SCS claims to have almost 10 years of experience, but it’s strange that there are so few reviews about it. Hmmm, what’s the problem? If it’s been around for that long, shouldn’t there be thousands of traders talking about it? We checked the domain and found out that it was only registered at the beginning of 2025. So much for any real experience or reliability.

Contacts Review

The contact details provided include a phone number and address in Vienna, as well as an email address. Something tells me that you won’t be able to find an office of this company in Vienna. Or in any country, for that matter. Because, in reality, it’s just a lousy call center operating remotely.

Pros and Cons

2.4 TOTAL SCORE

Kanyon Trading SCS Summary

Based on our research, Kanyon Trading SCS appears to be a scam. The company claims to be registered in Austria but is actually listed in Luxembourg with no real brokerage activities. They use stolen data from a legitimate company. Additionally, they use fake positive reviews. We strongly advise against any dealings with this company.

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Website information content 3

Client Portal 3

Trading condition 3

Trading platform 3

Deposit and withdrawal 2

Verification 3

Extra options 2

Licenses and guarantees 1

Work duration 1

Feedback 3

Frequently Asked Questions (FAQ)