Is KAIFIN a scam?
Wikilix independent safety report
KAIFIN (kaifintrade.com) is a high-risk, unregulated offshore broker whose website has now gone offline. We found no regulator warning and no evidence of fraud, but nothing that makes it safe to trus…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about KAIFIN: its history, the licences it holds, its trading conditions and its fees.
KAIFIN Broker Overview
KAIFIN is a retail forex and CFD brand operated by KAIFIN LLC, a limited liability company registered in Saint Vincent and the Grenadines in October 2022. The brand marketed CFDs on currency pairs, metals, energies, indices and cryptocurrencies across four account tiers, with a headline maximum leverage of 1:1000 and a minimum deposit of 100 USD. No financial regulator has been confirmed to supervise KAIFIN, and the domain the brand traded under, kaifintrade.com, no longer serves a working website.
KAIFIN Regulation and License
No licence from any financial regulator has been identified for KAIFIN or for KAIFIN LLC. The company exists as a corporate entity: it appears on the Saint Vincent and the Grenadines register of Limited Liability Companies as KAIFIN LLC, company number 2654, incorporated on 24 October 2022 and currently listed as Active, with EURO-CARIBBEAN TRUSTEES LTD. as its registered agent. That is a company registration and nothing more. It confers no permission to accept client deposits, to deal in foreign exchange or to operate a CFD trading business, and it carries no client-money protection, no segregation requirement and no compensation scheme.
Is KAIFIN Regulated?
No. KAIFIN operates without any confirmed financial regulation. Saint Vincent and the Grenadines does not license or supervise forex brokerage, so a company registered there is not a regulated broker by virtue of that registration. A client of KAIFIN would have no financial regulator to complain to and no statutory route to recover funds.
Is KAIFIN Safe?
KAIFIN cannot be shown to be safe. The absence of regulation is the central fact, and it is compounded by the state of the business: the brand's website is no longer operating, so the trading conditions, legal agreements, funding terms and complaint channels a client would need are not available to read or to hold the company to. An operator whose public site has gone while its corporate registration remains active is not a position from which a retail client can safely deposit.
KAIFIN Account Types
Four tiers were offered, separated mainly by entry cost and dealing charge:
- KAIFIN CLASSIC and KAIFIN No SWAP: 100 USD minimum, leverage to 1:1000, spreads from 0.6 pips, no commission. The No SWAP tier is the swap-free variant.
- KAIFIN PRO: 1,000 USD minimum, leverage to 1:1000, spreads from 0.4 pips, 3 USD per side per lot.
- KAIFIN VIP: 10,000 USD minimum, leverage capped lower at 1:500, spreads from 0.0 pips, 2 USD per side per lot.
KAIFIN Spreads, Commissions and Fees
Dealing costs ran from 0.0 pips plus 2 USD per side per lot on the VIP tier to 0.6 pips commission free on the entry tiers. These are the advertised figures for the tiers above; they were never verifiable against a live account, and no schedule of non-trading charges such as inactivity, deposit or withdrawal fees has been confirmed.
KAIFIN Leverage
Leverage reached 1:1000 on the CLASSIC, PRO and No SWAP tiers and 1:500 on VIP. Leverage at that level is not permitted for retail clients in most regulated markets, and it can exhaust an account balance on a small adverse move.
KAIFIN Deposits and Withdrawals
KAIFIN did not publish a payment schedule that can be confirmed. The specific deposit and withdrawal channels, their limits, their processing times and their fees are unknown, which means the conditions under which money could be taken out were not disclosed before a deposit was made.
KAIFIN Pros and Cons
In its favour: the operating company is a real, identifiable legal entity whose registration can be checked on the official Saint Vincent and the Grenadines register, and the account tiers were priced in line with the wider market. Against it: there is no confirmed financial regulation of any kind, the maximum leverage is far above regulated norms, the funding terms were never disclosed, and the brand's website is no longer in service.
KAIFIN Review and Assessment
KAIFIN is an unregulated offshore brand whose public operation has lapsed. The one thing that checks out is the corporate registration of KAIFIN LLC, and that is the weakest of the assurances a client needs. Anyone still holding a balance with KAIFIN should treat recovery as the immediate priority rather than trading; anyone considering a deposit should not make one.
Regulatory Licenses
We have not confirmed any regulation for KAIFIN. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for KAIFIN. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
4 account types on record. Minimum deposit from USD 100. Leverage up to 1:1000.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| KAIFIN No SWAPNo-Swap · Swap-Free | USD 100 | 1:1000 | No commission |
| KAIFIN VIPVIP | USD 10,000 | 1:500 | $2 per side per lot |
| KAIFIN CLASSICClassic · Standard | USD 100 | 1:1000 | No commission |
| KAIFIN PROPro · VIP | USD 1,000 | 1:1000 | $3 per side per lot |
Corporate Network
One legal entity behind the KAIFIN brand.
- KAIFIN LLCActiveSaint Vincent and the GrenadinesRegistration 2654Established Oct 24, 2022Limited liability company on the Saint Vincent and the Grenadines register of Limited Liability Companies; registered agent EURO-CARIBBEAN TRUSTEES LTD. Corporate registration only, not a financial services licence.
Company Registration
KAIFIN names KAIFIN LLC as the operating company. We could not confirm that registration on the registry.
- Legal entity
- KAIFIN LLC
- Registration number
- 2654
- Jurisdiction
- Saint Vincent and the Grenadines
- Incorporated
- Oct 24, 2022
- Registry
- St. Vincent and the Grenadines Financial Services Authority (company registry)
- Registered address
- Richmond Hill Road, P.O. Box 2897, Kingstown, Saint Vincent and the Grenadines
Brokers worth comparing
2 other brokers on the record share what KAIFIN offers — its country, regulator, account types or platforms — set beside it on the same measures.
KAIFIN
This recordSaint Vincent and the Grenadines · since 2022· KAIFIN LLCWikilix score 36.0RegulationNo RegulationMax leverage1:1000PlatformsNot recordedLicencesNot recordedESPERIO
Saint Vincent and the Grenadines · since 2021Wikilix score 36.3RegulationOffshoreFSCMax leverage1:1000Platforms2Licences1BAAZEX
Seychelles · since 2019· BAZ Capital Markets LtdWikilix score 36.0RegulationOffshoreFSAMax leverage1:400Platforms1Licences2
Frequently Asked Questions
Common questions about KAIFIN
Attempt a withdrawal of the full balance immediately and keep a complete record of every request, response and transaction. Because no regulator supervises the firm, there is no ombudsman or compensation scheme to appeal to, so a report to your own national financial regulator and to the payment provider you funded through is the realistic route.
No protection has been identified. Without financial regulation there is no requirement to segregate client money, no compensation scheme and no statutory route to recover a balance. The company's registration in Saint Vincent and the Grenadines provides none of these.
Yes. The KAIFIN No SWAP tier was the swap-free option, with a 100 USD minimum deposit, leverage to 1:1000, spreads from 0.6 pips and no commission.
The contact details on record are the telephone number +971 4 584 9015 and the email address service@kaifintrade.com. No live chat, support portal or complaints address is established, and with the website out of service these routes cannot be confirmed as still monitored.
This is not established. KAIFIN publishes no reachable terms, no restricted-countries page and no registration form, so there is no statement of which jurisdictions it does or does not onboard. The absence of a published restriction is not the same as acceptance.
The brand marketed contracts for difference on currency pairs, metals and energies across all tiers, with indices and cryptocurrencies added on the CLASSIC, PRO and VIP tiers. Exact instrument counts were never published.
This could not be confirmed. No platform is established for KAIFIN on evidence that holds up, and the broker's own site is no longer available to state which software it supported. Treat any platform claim about KAIFIN as unverified.
Unknown. No withdrawal processing time was ever published in a form that could be confirmed, and no functioning withdrawal channel can be identified now that the brand's website is not in service.
This is not established. KAIFIN did not publish a payment schedule that can be confirmed, so the accepted channels, their limits, their fees and their processing times are unknown. With the brand's website out of service, there is no published withdrawal procedure at all.
Spreads were advertised from 0.0 pips on VIP, 0.4 pips on PRO and 0.6 pips on CLASSIC and No SWAP. VIP charged 2 USD per side per lot and PRO 3 USD per side per lot, while CLASSIC and No SWAP were commission free. No schedule of non-trading fees such as inactivity or withdrawal charges has been confirmed.
Up to 1:1000 on the CLASSIC, PRO and No SWAP tiers, and up to 1:500 on VIP. Leverage of 1:1000 is well beyond what regulators in the major retail markets permit, and it means a small adverse price move can wipe out an account.
The lowest advertised entry was 100 USD, applying to the CLASSIC and No SWAP tiers. The PRO tier required 1,000 USD and the VIP tier 10,000 USD. These figures could not be re-checked against the broker's own site.
No. The only official domain published for the brand, kaifintrade.com, no longer serves a website. It returns a hosting placeholder stating that the domain is not connected to a site, at the main address and at the language-prefixed addresses alike.
No finding establishes fraud, but KAIFIN cannot be shown to be safe either. It has no confirmed regulation, and the website it traded under is no longer in service, which leaves a client with no published terms, no disclosed withdrawal route and no regulator to escalate to. It should be treated as high risk and unverified rather than clean.
KAIFIN is operated by KAIFIN LLC, a limited liability company registered in Saint Vincent and the Grenadines under company number 2654 on 24 October 2022. Its registered agent is EURO-CARIBBEAN TRUSTEES LTD. No directors, shareholders or beneficial owners are disclosed on the public register.
No. No financial licence has been identified for KAIFIN or for its operating company KAIFIN LLC with any regulator. The company holds a corporate registration in Saint Vincent and the Grenadines, which permits the company to exist but authorises no financial services activity.
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