WoodCrusher 
1-2 years
Is KAB a secure platform for my trades?
Broker Issues
Platform
Account
Leverage
Instruments
06-21
United States
WikiFX
Reply
From my perspective, security is a major concern when trading, and KAB's unregulated status raises a big red flag for me. Regulation ensures that brokers have to follow strict guidelines, particularly around the safety of client funds and transparency in operations. Since KAB is not regulated, there’s no clear oversight of its activities, which makes me hesitant to trust them completely. While they claim to be overseen by the Kuwait Chamber of Commerce and Industry, it’s not a financial regulatory body, meaning there’s no guarantee my funds will be safeguarded.
Similar Questions
What account types does Assexmarkets offer?
webgalaxy 
07-06
What trading instruments are available on FXMeridian?
Bhavani Durga K 
07-31
What platforms does Axon Markets provide?
WoodCrusher 
07-14
Can I use KOT4X to trade cryptocurrencies?
Ashraf20 
08-06
Which types of trading instruments does HGNH offer—for instance, do they provide access to forex, stocks, indices, cryptocurrencies, or commodities?
LoukiaCharilaou 
06-22