Kyolo Markets
Japan
Kyolo Markets Limited exhibits numerous warning signs of fraudulent activity, including regulatory non-compliance, misleading claims, and reports of financial losses from investors. Avoid at all costs.
1.8/5
Trust Score
Composite score based on public data signals and verifiability indicators.
0
Red Flags
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Created: February 25, 2025 • Updated: September 10, 2025
Kyolo Markets presents itself as a forex broker based in Australia. However, upon closer inspection, several red flags have emerged regarding its legitimacy and business practices. The absence of regulatory oversight and troubling user experiences suggest potential risks for investors.
Unregulated Status and Lack of Transparency
Kyolo Markets claims to be an Australian forex broker but is not listed on the Australian Securities and Investments Commission (ASIC) register. Additionally, the company was registered in the UK but was dissolved on October 17, 2023, raising questions about its operational legitimacy.
Absence of Contact Information and Customer Support
The Kyolo Markets website lacks essential contact details, such as a physical address, phone number, or social media links. This absence of transparency is atypical for legitimate brokers, who typically offer multiple contact channels and a reliable customer support team.
Requests for Sensitive Personal Information
To access its platform, Kyolo Markets requires traders to upload extensive personal data, including identification and bank account information. Such practices are concerning, as they may put users’ personal information at risk of theft or misuse. ForexBrokerz
4. Limited Trading Instruments and Platform Features
Kyolo Markets offers a limited selection of trading instruments, primarily focusing on forex and commodities, without providing access to popular trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). This lack of advanced trading tools may not meet the needs of traders seeking diverse investment options.
Negative User Experiences and Allegations
Users have reported issues such as blocked withdrawals and unresponsive customer service, further tarnishing the company’s reputation. These complaints suggest a pattern of deceptive practices, including misleading promises of high returns and demands for additional fees, reminiscent of classic Ponzi scheme behavior.
Conclusion
Kyolo Markets’ unregulated status, lack of transparency, and concerning user experiences present significant risks to potential investors. Individuals considering engagement with Kyolo Markets should exercise extreme caution and conduct thorough due diligence to avoid potential financial loss and involvement in unethical schemes.
Compliance and Regulatory Intel
| Risk Category | Assessment Question | Status |
|---|---|---|
| Liabilities | Does It Kyolo Markets have any significant outstanding liabilities that may pose financial risks? | Not Known |
| Undisclosed Relations | Are there undisclosed business relationships or affiliations linked to It Kyolo Markets? | Not Known |
| Sanctions or Watchlist Matches | Is It Kyolo Markets listed on any international sanctions or compliance watchlists? | Not Known |
| Criminal Record | Does It Kyolo Markets have a record of criminal activity or related investigations? | Not Known |
| Civil Lawsuits | Are there civil lawsuits, past or present, involving It Kyolo Markets? | Definitely Yes |
| Regulatory Violations | Has It Kyolo Markets faced regulatory violations or penalties? | Not Known |
| Bankruptcy History | Has It Kyolo Markets filed for bankruptcy or been involved in any bankruptcy proceedings? | Possibly Yes |
| Adverse Media Mentions | Have there been significant adverse media mentions related to It Kyolo Markets? | Not Known |
| Negative Customer Reviews | Are there negative reviews or complaints from customers or clients about It Kyolo Markets? | Not Known |
| High-Risk Jurisdiction Exposure | Does It Kyolo Markets operate within or have exposure to high-risk jurisdictions? | Not Known |
| Ongoing Investigations | Is It Kyolo Markets currently subject to any ongoing investigations? | Definitely Yes |
| Fraud or Scam Allegations | Have there been fraud or scam allegations involving It Kyolo Markets? | Definitely Yes |
| Reputational Risk Incidents | Have there been incidents significantly impacting It Kyolo Markets’s reputation? | Definitely Yes |
| High-Risk Business Activities | Is Kyolo Markets engaged in any high-risk business activities? | Not Known |
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We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback.
User Experience
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Sentiment Analysis
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Brand Analysis
We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback.
KYC Data
Data We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback.
Risk Assessment
We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback.
OSINT
We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback.
Internet Archives and Screenshots
About us
- We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges. This data is gathered from service agreements, statements and client feedback
- We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs
- We analyze all costs including rate structures (interchange-plus, tiered, flat-rate, etc), monthly fees, equipment costs, early termination fees, and hidden charges.
Source of Information
- 1 wikifx KYOLO MARKETS Retrieved 10/04/2025
- 2 reddit KYOLO TRADING SCAM Retrieved 05/02/2025
- 3 gripeo Kyolo Markets: Is It a Scam? Retrieved 07/12/2023
- 4 reddit Kyolo Markets kyolo.net scam beware Retrieved 03/04/2025
- 5 theforexreview Kyolo Markets Limited Review – 5 things you should know about kyolo.net Retrieved 12/06/2023
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1.7
Average Ratings
Based on 3 Ratings
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Promises the world, delivers headaches. Classic.🤦♂️
A ‘market’ where your money disappears faster than you can say ‘scam.
Feels more like a magic trick than a trading platform—now you see your money, now you don’t.🎩✨