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341 firms on file · 202 identified entity records 73 carry a published regulator notice

Warning

RECORD BW-4125PUBLISHED REGULATOR NOTICE ON FILE

Kwakol Markets

One legal entity is on file for this firm, in Nigeria (marketing claims US/HK/NG/AU offices). 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.

Issuing authority — read the noticeFCA · Kwakol Markets / kwakolmarkets.com · https://www.fca.org.uk/news/warnings/kwakol-markets-kwakolmarketscom
LAST CHECKED
2026-09-15
ENTITIES
1
JURISDICTIONS
1
BEST TIER
—
CONFIDENCE
LOW
REGISTER SYNC
2026-11-05

Jurisdiction gap — read this before you deposit

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 entityAuthority / registryNumberJurisdictionTierWhat it isSource
Kwakol Markets Limited (company registration)None verifiedNone verifiedNigeria (marketing claims US/HK/NG/AU offices)T3not independently verifiedNo supervision on filefca.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 verifiedKwakol 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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.

PublisherDocumentRETRIEVED
None verifiedKwakol Markets Limited (company registration) — Nigeria (marketing claims US/HK/NG/AU offices)https://www.fca.org.uk/news/warnings/kwakol-markets-kwakolmarketscom2026-09-15

Register office

Checked by
Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.