Global Broker Regulation Inquiry App
WikiFX
WoodCrusher 
1-2 years
Is KAB a secure platform for my trades?
Broker Issues
Account
Platform
Instruments
Leverage
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.
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