KIEXO Review: Is This Broker Worth Your Attention or Just An Another SCAM?

KIEXO - logo

Today, we will discuss KIEXO, which serves traders from various countries. This broker provides access to trading in the Forex market and CFD contracts. Is this firm worth your attention? To determine whether it’s a scam or not, let’s examine the services offered by this company and take a closer look at reviews from real individuals who have already encountered the project’s activities.

KIEXO General Information

Phone Number +18008478064
Address Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines
Minimum Deposit $250
Assets Forex, CFDs
Leverage 1:400
Trading Platform WebTrader

Registration and Client Portal Review

The official website of KIEXO adopts a familiar template design that is commonly seen in the industry. The layout prominently features an array of promotional materials, strategically highlighting key features, incentives, and trading opportunities. Despite the prevalence of these promotional elements, the website succeeds in delivering comprehensive and informative content about the broker’s range of services and offerings.

Navigating through the site reveals a well-structured presentation of essential information, including account types, trading instruments, educational resources, and customer support. The use of multiple languages on the website caters to a diverse global audience, making it accessible and user-friendly for traders from various regions.

KIEXO - website

To register traders are required to provide an extensive range of personal details, including their full legal name, date of birth, complete contact information (address, phone number, email), and country of residence.


KIEXO Trading Conditions

Let’s explore what collaboration opportunities KIEXO offers.

Account Types Review

The broker provides a variety of trading accounts tailored to different financial capacities. They offer educational resources, access to multi-asset trading, and multilingual customer support across all account types.

  1. For the “Newbie” account, traders can expect access to currency, indices, and commodities trading, fast order execution
  2. Moving up to the “Explorer” account, traders receive weekly trading signals.
  3. The “Trader” account comes with stock trading options, low trading quotes.
  4. Traders opting for the “Trader Pro” account can benefit from customizable portfolio options, signals with detailed analysis.
  5. The “Expert” account offers access to advanced trading tools.
  6. For those choosing the “Expert Pro” account, they gain access to comprehensive charts and indicators.
  7. The pinnacle is the “Vip” account, which includes a wide range of 1000 trading assets, daily comprehensive trading analysis.

KIEXO also provides exclusive privileges for “Vip” account holders:

  • Invitations to important events
  • Innovative order execution capabilities
  • Round-the-clock customer support

Leveraging a 1:400 ratio, traders can open orders with varying amounts of funds. Reviews highlight that beginners may face challenges in selecting an account type, and KIEXO’s skilled managers are available to assist in tailoring conditions based on each trader’s unique goals and skills.

Trading Platform

KIEXO offers its own trading platform, which can be accessed through a web trader or by downloading the mobile app. However, we’ve noticed an unusual aspect regarding the platform’s mobile app. While the provided links should lead to official app stores, they instead direct users to the broker’s personal account. This suggests that the software might not be available through conventional app stores and raises concerns about the transparency and legitimacy of the broker’s mobile app.

KIEXO — Deposit and Withdrawal of Funds

The broker accepts bank transfers, credit/debit cards, and cryptocurrency transfers as payment methods. However, it is unfortunate that the Frequently Asked Questions (FAQs) section does not provide any details regarding fees or the expected withdrawal timeframes for clients. This lack of transparency may raise concerns for potential traders who need clear information about the costs and processing times associated with their financial transactions.


Certainly, KIEXO requires clients to undergo a verification process as part of their security measures. The verification process consists of the following steps:

  1. Identity Verification. Clients are required to provide a valid government-issued ID, such as a passport or driver’s license.
  2. Address Verification. Clients need to submit a recent utility bill or bank statement that displays their name and address.
  3. Proof of Payment. To verify payment methods, clients may be asked to provide a copy of their credit/debit card or a screenshot of their bank transfer.
  4. Appropriateness Assessment. KIEXO may assess a client’s trading knowledge and experience to ensure that the services provided align with their financial expertise and objectives.

Additional Options

KIEXO offers a wide range of additional services, perhaps even to an excessive extent, with a significant focus on their higher-tier accounts. While having a variety of additional services can initially seem appealing, there are potential drawbacks to consider.

Primarily, concentrating most of these services in the more expensive account tiers could be perceived as excluding traders with limited resources from accessing valuable tools and benefits. This approach may create an uneven playing field and limit opportunities for traders who may not have the means to invest in higher-tier accounts.

Furthermore, excessive additional services, especially those offered exclusively in premium accounts, can create an impression of upselling and focusing on profits rather than genuinely assisting traders. It may also complicate the decision-making process for traders who are unsure which services are truly essential for their trading needs.

Is KIEXO a Scam?

Looking at the trading conditions, one might initially get the impression that KIEXO falls among the category of promising brokers. However, we are here to dispel this misconception.

KIEXO claims to be registered in the offshore jurisdiction of Saint Vincent and the Grenadines. This decision in itself raises significant doubts and concerns. Offshore jurisdictions are often associated with lax regulations and a lack of oversight, making them a controversial choice for financial businesses. Such jurisdictions may not provide the necessary level of investor protection, transparency, or legal recourse in the case of disputes.

Furthermore, our investigation did not uncover any evidence of KIEXO’s registration in the specified offshore zone. Despite their assertion, there is no record of the company in the official registry of Saint Vincent and the Grenadines. This raises serious questions about the broker’s credibility and authenticity. In this context, discussing the existence of a valid license becomes irrelevant, as the absence of proper registration casts doubt on the broker’s legitimacy altogether.

Legal data check Domain Info

Despite the fact that KIEXO’s website domain was registered back in 2014, the actual operations of the broker commenced much later. This is evident from snapshots in the web archive. For instance, in 2018, the domain was still up for sale. Therefore, the true age of this project is not as substantial as it may seem at first glance.

Domain info

Contacts Review

Clients are provided with various channels of communication to reach out to KIEXO, including a phone number, email, and even a live chat option. However, it’s worth noting that there is no office address available, which is not surprising given the lack of official registration.

Pros and Cons

  • Wide range of trading instruments.
  • Lack of regulation.
  • Ambiguous company information.
  • Overwhelming additional services.
  • Limited trading platform availability.
  • Negative reviews.

Frequently Asked Questions (FAQ)

What Does KIEXO Offer?

KIEXO provides a range of trading services for forex and CFD contracts, allowing clients to access various financial markets and instruments.

What is the minimum deposit for KIEXO?

The minimum deposit requirement for KIEXO is in accordance with the trading conditions outlined on their platform. The exact amount may vary depending on the chosen account type and starts at $250.

Is KIEXO regulated?

As of our analysis, KIEXO does not appear to be a regulated broker and lacks verifiable regulatory information. This raises concerns about the legality and compliance of the broker’s operations.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Troy

    Deceptive practices and false promises

    Opening an account here is a major mistake. All quotes are manipulated, and orders do not reach the market. It’s a typical fraud. Initially. They assist with profits and persuade you to upgrade to an advanced account. I fell into this trap, added my own funds, and suddenly, withdrawal requests were denied. It’s a blatant scam. Verify genuine reviews, check when the website was launched – it was recently moved to this domain. Purchased from some exchange to create the illusion of long-standing activity. It’s all a lie. They lack proper registration altogether.

  2. Harvey Carr

    Disappointing performance and lack of accountability

    Despite the platform’s poor functionality and performance, they demand a minimum of $250! The returns are minimal, and after a couple of weeks, I noticed strange occurrences – closing a trade in profit, only for it to register as a loss. The analytics provided are subpar, and the managers show no apology or offer of compensation for such discrepancies.

  3. Wayne Rivera

    A troubling experience

    I do not recommend trading with KIEXO due to the unpredictable behavior of their trading terminal and frequent technical glitches. The leverage of 1:400 is not advantageous, as it often leads to rapid losses of deposits. The spreads are not particularly tight, and even the trading conditions themselves do not seem to yield profits, especially in the long run. Depositing funds is inconvenient and time-consuming, with undisclosed additional fees. Adding to the disappointment, there is a complete absence of withdrawals. I strongly advise against this broker, even to my worst enemy.