In the FxGecko app, you can reference the top 100 forex brokers for your selection. If not in the top 100, pay special attention to the broker's primary white label relationships and risk alerts.

Recently, some investors asked if Kiexo (Kiexo LLC) is safe.

Based on information from the FxGecko app, here are some risk signals associated with Kiexo:

Trading name: Kiexo

Company name: Kiexo LLC

Rating: 1.73 (low rating, high risk)

Regulation and License: no valid forex or brokerage license. (High risk)

Risk Alert: 

1. Suspicious Registration Information (Lack of Regulatory Transparency): Kiexo claims to be registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, this registration does not imply stringent regulation. The FSA does not issue licenses for forex trading or brokerage activities, meaning investors may not have adequate protection while trading on this platform.

2. Website Unavailability: Currently, the Kiexo website is inaccessible, which could be a warning sign. Lack of stable online presence may affect investors' trading experience and fund security.

3. Server Quantity and Stability: Kiexo operates only 1 MT5 server. This indicates that the broker has a small client base, and during peak trading periods or in the event of server issues, trade execution may be affected. Investors should be wary of these potential technical limitations.

4. Related Companies: The main white label relationship shows that Kiexo has 18 affiliated brokers. You need to keep an eye on these affiliated brokers for anomalies or runs. This could be a potential business risk and past history of the broker, and could be one of the most important criteria for choosing a broker. Broker relationship data comes from MetaQuotes data.

In summary: Kiexo LLC is high risk and insecure, it does not have a legal forex trading license and your money and personal information will not be safe if you trade with it.

Considering the aforementioned risk factors, investors should proceed with caution when selecting a forex broker, preferably choosing companies regulated by stringent authorities that offer transparent and stable trading platforms.

Stay away from low rated, unregulated forex brokers!

Before trading, check brokers in FxGecko app; if you encounter any problems, you can file a complaint for help.

Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.

Click here to recognize common investment trading scams to avoid being scammed.