kygxs.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
kygxs.com 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: Helpful community forum|Reliable uptime
Cons: Nothing significant|Wait times can be long during peak hours
I was about to invest with kygxs.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Swiss Financial Market Supervisory Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
After spending for over a year trying to make kygxs.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Easy to use platform|Portfolio tracking tools|Regular updates
Cons: Limited ETF selection|Currency conversion fee exists
I had high hopes for kygxs.com based on a colleague's 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: Fast deposits|Reliable uptime|Professional team|Tax reports included
Cons: Nothing significant
I was contacted by kygxs.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. kygxs.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-device support|Competitive fees|Demo account available|Real-time alerts
Cons: Wish they had more educational resources|Search feature is basic
What really bothers me about kygxs.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a forum discussion and I fell for the polished exterior. Never again.
Pros: Social trading features|Educational resources|Intuitive for beginners
Cons: Desktop app not available on Linux|Search feature is basic
The only good thing about kygxs.com is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Competitive fees|Customizable dashboard
Cons: Withdrawal takes 1-2 business days