The NZ FMA adds kcmtradeint.com to its warning list On February 17, 2025, the New Zealand Financial Markets Authority (NZ FMA) released a warning list, advising investors to stay vigilant about 96 suspicious investment websites including kcmtradeint.com. https://www.fma.govt.nz/library/warnings-and-alerts/network-of-fake-online-investment-platforms/

BrokersView has reviewed that kcmtradeint.com is an unregulated broker The website kcmtradeint.com is involved in identity theft. Firstly, it misuses the logo of a genuine broker, KCM Trade, to appear real. Secondly, it is located in London and registered in the US NFA. No matching information was found in the Financial Conduct Authority (FCA) and National Futures Association (NFA). The New Zealand Financial Markets Authority (NZ FMA) has blacklisted the website kcmtradeint.com for fraudulent activities. Therefore, kcmtradeint.com is a scam.

BrokersView has identified that Clone KCM Trade's website is currently offline BrokersView found that the domain "https://kcmtradeint.com/en/index" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Clone KCM Trade is a scam. They ask for tax when withdrawing funds. Is it normal to ask for tax when withdrawing money? I just want my principal back. The first time they made an unconditional withdrawal. The second time I wanted to withdraw money, the amount was 6 million won = 4139 US dollars.They said important notice: Because the account has not been taxed, we cannot withdraw money for the time being. The current funds have stopped at the withdrawal channel. Please be sure to pay the capital gains tax for personal foreign exchange transactions before 23:59 on March 17, 2025, Korean time! Warm reminder: If you fail to pay taxes and declare taxes on time, the withdrawal may be floating. At that time, the bank account under your name will be restricted until the withdrawal amount is confirmed!Is this normal operation? It is completely false inducement. View Source