scalping_kings_ has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The hidden fees at scalping_kings_ are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Transparent fees|Dividend tracking|Responsive team|Comprehensive tools
Cons: Wait times can be long during peak hours
I had a dispute with scalping_kings_ 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: Dedicated account manager|Two-factor authentication
Cons: Limited social trading features
scalping_kings_ 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: Helpful community forum|Detailed reporting|Low minimum deposit
Cons: Charting tools need more indicators|Mobile app could be improved