Konoha FX (konohafx.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61862459638, +442039897211
Addresses: 36 Aigyptou Avenue, 6030 Larnaca, Cyprus This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: konohafx.io.
After using Konoha FX (konohafx.io) for over three years, 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: Good mobile app|Intuitive for beginners
Cons: Minimum deposit could be lower
I had high hopes for Konoha FX (konohafx.io) through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Comprehensive tools|Dividend tracking|Full transparency
Cons: Limited ETF selection
Do not believe the bonus offer from Konoha FX (konohafx.io). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Easy to use platform|Smooth onboarding|Multi-device support|Multi-currency support
Cons: Desktop app not available on Linux
My withdrawal request from Konoha FX (konohafx.io) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Full transparency|Market news feed|Clean UI
Cons: Could offer more webinars|No live chat on mobile
I am in a dispute with Konoha FX (konohafx.io) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Two-factor authentication|Multi-currency support|Instant funding|Segregated accounts
Cons: Email notifications too frequent
Where do I even begin with Konoha FX (konohafx.io)? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Tax reports included|Risk management tools
Cons: No phone support on weekends
The platform itself is okay, but the customer service at Konoha FX (konohafx.io) 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: Wide product range|Economic calendar|Multiple order types|Stable platform
Cons: Slow to add new assets|Mobile app could be improved
I closed a profitable position at Konoha FX (konohafx.io) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Easy withdrawals|Educational resources
Cons: Cannot customize dashboard fully
I had a dispute with Konoha FX (konohafx.io) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Fast execution|Real-time alerts|Good mobile app|Automated trading options
Cons: Limited ETF selection
Konoha FX (konohafx.io) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Fast deposits|Regular updates
Cons: None so far|Research section could be deeper