KuTrading FX (kutradingfx.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +13204205615
Addresses: Kemp House 160 City Road London United Kingdom EC1V 2NX This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: kutradingfx.com.
KuTrading FX (kutradingfx.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Responsive team|Clean UI
Cons: No phone support on weekends
KuTrading FX (kutradingfx.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Professional team|Market news feed|Automated trading options|Excellent charting
Cons: Live chat only during business hours|Withdrawal takes 1-2 business days
KuTrading FX (kutradingfx.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Risk management tools|Easy to use platform
Cons: Withdrawal takes 1-2 business days|Research section could be deeper
KuTrading FX (kutradingfx.com) 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: Clean UI|Clear documentation|Personal attention
Cons: Could offer more webinars
Do not be fooled by the professional-looking website. Behind the scenes, KuTrading FX (kutradingfx.com) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Excellent charting|Stable platform|Clear documentation|Quick verification
Cons: Limited social trading features