Kings Way (kingsways.co.in) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: kingsway.co.in.
I experienced a security concern with my Kings Way (kingsways.co.in) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Great customer service|Dedicated account manager|Quick verification|Competitive fees
Cons: Limited ETF selection|Live chat only during business hours
KYC with Kings Way (kingsways.co.in) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Personal attention|Multiple order types|Fast deposits
Cons: Some tools only available on higher tiers
Kings Way (kingsways.co.in) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Segregated accounts|Professional team|Market news feed|Transparent fees
Cons: No fractional shares
Kings Way (kingsways.co.in) locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Economic calendar|Instant funding|Wide product range
Cons: Onboarding videos are outdated|Cannot customize dashboard fully
Do not believe the bonus offer from Kings Way (kingsways.co.in). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Personal attention|Dividend tracking|Quick verification|Transparent fees
Cons: Withdrawal takes 1-2 business days
I wanted to transfer my portfolio from another broker to Kings Way (kingsways.co.in). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Customizable dashboard|Automated trading options|Multi-currency support
Cons: Search feature is basic|No integrated tax optimization
Kings Way (kingsways.co.in) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Dedicated account manager|Customizable dashboard|Great customer service|Stable platform
Cons: Email notifications too frequent|Could offer more webinars
If you are reading this considering Kings Way (kingsways.co.in) - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: API access|Competitive fees|Social trading features
Cons: Nothing significant|Desktop app not available on Linux
The platform itself is okay, but the customer service at Kings Way (kingsways.co.in) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Excellent charting|No hidden fees|Multi-device support|Good analytical tools
Cons: No live chat on mobile|Would like more payment methods
After using Kings Way (kingsways.co.in) since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Dedicated account manager|Segregated accounts|Social trading features|Easy withdrawals
Cons: Wait times can be long during peak hours|No dark mode on mobile