House file
Kwakol Markets
On the desk for one reason: licence no longer active on file. 1 register lines are on this file, spread across 1 legal entity in 1 jurisdiction, none of them with a top-tier regulator.
Filed by the desk · head office not verified · year established not verified · sourcing confidence: low
On the wire
1 items · 0 noticesThin file. Most of the commercial detail is unconfirmed and is left blank rather than estimated.
Register entries as filed
- 01register entry
None verified entry None verified for Kwakol Markets Limited (company registration) — no longer active
Source: fca.org.uk
Entity by entity
1 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| None verified | Nigeria (marketing claims US/HK/NG/AU offices) | Kwakol Markets Limited (company registration) | None verified | T3not verified | fca.org.uk |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | not verified |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | not verified |
| Platforms | MT4 · MT5 |
| Account books | not verified |
What the record says
The UK Financial Conduct Authority publishes a warning entry for 'Kwakol Markets / kwakolmarkets.com', stating the firm may be providing financial services or products in the UK without FCA authorisation.
Review site GlobeGain reports it found no evidence of a valid licence from recognised authorities and notes earlier ASIC-licence claims appear to have been cancelled.
Review site ForexBrokersOnline states its checks of official registers found the broker is not currently a member of the US registers (MSB/NFA) its own marketing claims.
WikiFX lists an ASIC AR (appointed representative) arrangement only, not a direct ASIC licence.
Not verified
11 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- legalEntities: no verifiable licence number found for any Kwakol entity (replaced in this batch by reserve broker KVB Kunlun per batch rules; this record kept as low-confidence)
- founded: not verified
- hq: not verified from a primary source
- minDeposit: not verified
- maxLeverage: not verified
- spreadEurusd: not verified
- accountTypes: not verified
- segregatedFunds: not verified
- negativeBalanceProtection: not verified
- publiclyListed: not verified
- accountTypes: not verified from a primary source
Other open files
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not examined entities in 4 jurisdictions · filed under multi-entity structure
head office n/v3 lines
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not examined entities in 3 jurisdictions · filed under multi-entity structure
London, UK7 lines
IG Group
7 entities in 6 jurisdictions · filed under multi-entity structure
head office n/v3 lines
Pepperstone Markets Limited
not examined entities in 3 jurisdictions · filed under multi-entity structure
This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.