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KTFRX Review: Legit or Scam Forex Signals?

KTFRX Review: Legit or Scam Forex Signals?

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KTFRX (Ktrfx.com) is a boring trading signal that claims online wealth freedom starts on their website. KT FRX is a relatively new player in the industry with less than two years in the business. And the holes have started appearing as more and more complaints reach our help desk. Investors need to be wary of this unregulated signal provider. They are offering false and inaccurate trading signals to members. Know more about them in this detailed and eye-opening ktrfx Review.

KTFRX Review

About KTFRX

The platform claims to have started trading in 2017 which is another false statement. There is concrete evidence to prove that the website was created in 2018. They want to gain customer trust by claiming to have a strong online presence. This is a rogue online signal provider with a lot of hidden information. The platform fails to accurately give users the full names of people working for the platform. After a majority of its members started ranting on social media, we had to investigate.

When dealing with online trading, Forex is one of the best markets for earning extra income. The main reason why people succeed is having cream products that have a strong reputation. And this is what every investor should be on the lookout for when trading. The platform is another huge problem when it comes to online trading. A review of this magnitude will help inform our esteemed readers of the risks involved. Signing up with KTFRX is highly risky and will lead to immense losses.

Assets Traded by KTFRX

KTFRX is claiming to have gained experience after making losses in online trading. That is why they let their experts make the call when it comes to online trading products. They mainly deal with Forex related products. A huge problem we noted with the website is the lack of proper information regarding the products. Do they only use Forex products or are there other products such as Cryptos? Investors should not sign up blindly not knowing what to expect with an online signal provider.

Business Owner

KTFRX Claims

Want to make money automatically with Forex, Bitcoin and other Cryptocurrencies, Commodities etc without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! WorldMarkets is for you! With the WorldMarkets AI Managed Account Services, only YOU are in control of your investment funds. WorldMarkets is a trading platform that uses artificial intelligence to handpick highly profitable and low-risk trades for its users. It also goes ahead to trade for you based on analyzed data. And yea, you guessed right, “it almost never loses”. This is indeed the holy grail of trading. It is much more reliable and profitable than paying gurus to trade for you, mulling over candle sticks or playing the luck game. Using this system, investors and traders have recorded over 30% Returns on Investment in less than a month. And with a 100% compound return, you simply cannot lose with WorldMarkets. All you have to do is sit back, manage your funds and let the AI trade for you. Are you ready to start making aggressive profits regardless of the market’s direction? If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to WorldMarkets now and choose a plan to start trading. PS: WorldMarkets is a Profitable Forex/Crypto AI Managed Trading Service. 100% Verified and Recommended by Valforex.com.

worldmarkets

And this is where we notice that KTFRX is playing games with investors. They choose to block the name of the founding member. What they do instead is use his so-called trading profile name. They have named the owner as thetechnicaltrader123 as the full founder of the platform. And this is a clear sign that the owners don’t want any recognition. In true scam fashion, KT FRX is an anonymous Forex signal provider.

Copy Trader

Another reason to stay away from the signal provider is their copier services. KTFRX is claiming to have a one of kind copy trading tool that is unmatched. They claim to offer a hands-off approach when it comes to dealing with complex trading strategies. The platform claims to help members link their trading accounts and make similar trades. These are clowns who don’t offer any meaningful signal services. There is no concrete proof of anyone making any profit with their copier trading services.

Customer Feedback

What is evident from our investigation is that the web is full of negative comments. Victims have reached out to trading forums venting their anger on this platform. On their part, they have hired keyboard masters to write positive reviews.

Domain Details

Earlier, we stated that there is concrete evidence proving the platform was created in 2018. According to web domain tools, evidence proves the website went live on 10th September 2018. They have been claiming to be in the business for over three years which is a lie. They even recommend their unregistered brokers to members of the signal. Stay away as it is now clear the signal has no reputable or strong online presence.

Owner and Analyst

Tyler PS Malone is the name posted on their team page. There is not enough history of the person which makes us believe this is a fictional character. Scam artists will download stock images and give them character. It seems that the owner hails from Canada and was a fitness coach. These are false claims and no one should believe what the website posts. They merely want to show that you don’t have to have the experience to use and trade with their signals.

License and Registration of KTFRX

KTFRX Team Members

KTFRX is not licensed or regulated to offer any trading services anywhere in the world. The United States is where they claim to have their main offices. We reached out to various regulatory bodies in the region for confirmation. The FTC and NFA claim to have never heard or regulated an entity with this name. Their license records don’t have an entity with the name close to KT FRX. And this is the proof we need to confirm that KTFRX IS NOT REGULATED. Investors should stay away from unlicensed online investment entities.

The problem with unregulated entities is that they don’t offer any insurance. Deposits made to this and any unregulated entity will see any insurance. Members are falling for a signal provider that can close shop at any given time. In the event of bankruptcy or insolvency, no one will be held responsible if members fail to get their funds. And this means anyone who deposits today and the shutdown is tomorrow won’t get their funds back. Stay away from unregulated entities as the risk involved is greater.

Limitations of KTFRX

Available Plans

KTFRX is furnishing users with three plans on the platform. These plans provide the same services and there is no distinct feature. A trader can purchase the software for a month at a cost of $75. The second plan is where members purchase the signals for $200 for three months. For the last plan, users have to deposit $750 and get the signal for a year. Note that these plans do not have a trading advantage over the other. The only difference is the price tag which is sad. Plans should come with distinctive features to attract all classes of investors.

Contact and Customer Support

What remains to be a challenge is contacting the people behind the platform. At the bottom of their homepage, there is a support box. Members get to send their message and wait for a reply via email. The problem with this sort of communication process is that it gives users owners a reason to block members. Members who send emails containing withdrawal claims will get their accounts canceled. There is no telephone number available where a member can make calls to the support team.

Undisclosed Strategy

Another huge problem with the platform is failing to mention the type of strategies available. How do they get their information regarding which trades to make? Without an accurate description of their strategy, it makes us have more questions. Are members supposed to trust the owner and fail to ask strategy questions? What if the strategy used is incorrect? Stay away from signal providers who fail to mention their strategies.

Security of funds with KTFRX

There is no proper security software to help protect investors. Hackers can easily steal personal information since the website lacks DDoS protection and SSL encryption. It is why some of the members are getting their bank balance empty. Hackers have managed to steal credit card information during the depository process.

Scam or Legit KTFRX

KTFRX is a signal scam that must be exposed for all to see. The platform has no license and is hiding the details of owners. Stay away from it and share this post with family and loved ones.

Verdict

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