Kwakol Markets
1 legal entity is on file for this firm, across 1 jurisdiction. None of them is a financial-services licence we could verify.
Warning means: A named regulator has published a notice or alert-list entry about this firm. The register reproduces that authority's own statement with its publication date and a link to the document, and takes no position beyond it.
No live tier-1 licence on file. Supervision listed: none verified.
A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.
Entity-by-entity licence record
One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.
| Legal entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| Kwakol Markets Limited (company registration) | None verified | None verified | Nigeria (marketing claims US/HK/NG/AU offices) | T3no longer active | No supervision on file | fca.org.ukhttps://www.fca.org.uk/news/warnings/kwakol-markets-kwakolmarketscom |
Scroll the register sideways — the entity column stays pinned.
1 row is a company registration, not financial supervision
A registration number issued by a company registry — St Vincent and the Grenadines, Saint Lucia, the Marshall Islands, a BVI or Comoros IBC — records only that a company exists. It carries no conduct supervision, no client-money segregation requirement and no compensation scheme. Rows marked company registration above are printed because the firm cites them, not because they protect you.
- None verified Kwakol Markets Limited (company registration) — Nigeria (marketing claims US/HK/NG/AU offices)
Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.
What the record says
Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.
- F01The UK Financial Conduct Authority publishes a warning entry for 'Kwakol Markets / kwakolmarkets.com', stating the firm may be providing financial services or products in the UK without FCA authorisation.
- F02Review site GlobeGain reports it found no evidence of a valid licence from recognised authorities and notes earlier ASIC-licence claims appear to have been cancelled.
- F03Review site ForexBrokersOnline states its checks of official registers found the broker is not currently a member of the US registers (MSB/NFA) its own marketing claims.
- F04WikiFX lists an ASIC AR (appointed representative) arrangement only, not a direct ASIC licence.
Not verified at last check
Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.
- not verifiedlegalEntities: no verifiable licence number found for any Kwakol entity (replaced in this batch by reserve broker KVB Kunlun per batch rules; this record kept as low-confidence)
- not verifiedfounded: not verified
- not verifiedhq: not verified from a primary source
- not verifiedminDeposit: not verified
- not verifiedmaxLeverage: not verified
- not verifiedspreadEurusd: not verified
- not verifiedaccountTypes: not verified
- not verifiedsegregatedFunds: not verified
- not verifiednegativeBalanceProtection: not verified
- not verifiedpubliclyListed: not verified
- not verifiedaccountTypes: not verified from a primary source
Account conditions on file
As published by the firm. Blank fields were not confirmed.
| Incorporated | not verified |
|---|---|
| Registered office | not verified |
| Minimum deposit | not verified |
| Leverage offered | not verified |
| Quoted EUR/USD spread | not verified |
| Trading systems | MT4 · MT5 |
| Account tiers | not verified |
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.
Sources
Every URL below was read before this record was published.
- None verifiedKwakol Markets Limited (company registration) — Nigeria (marketing claims US/HK/NG/AU offices)https://www.fca.org.uk/news/warnings/kwakol-markets-kwakolmarketscomRETRIEVED 2026-09-15