Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighA genuine, active Vanuatu financial dealer licence confirmed on the regulator's own list, but it is a low-tier offshore permission with no compensation scheme, and it is held by a different company from the Saint Vincent entity that contracted with clients and admits holding no licence.
Identity & transparency
4/10 · ModerateBoth legal entities, registration numbers and addresses are published and verified on their registries, and the Dubai working office was disclosed, which is unusually open for this market. Against that, owners are not named and the firm is now unreachable through any published channel.
Withdrawals & conduct
4/10 · ModerateNo client anywhere alleges money was withheld, and no demand for a release payment was reported. Two users did call the deposit and withdrawal terms unclear, and with the platform now offline anyone holding a balance has no working way to withdraw.
Reputation
6/10 · HighWhat exists is mildly positive, but there is almost nothing: three reviews in four years, nothing on the trader forums, and apps with fewer than 30 downloads. A near-absent footprint for a four-year-old brokerage is a signal in itself, not a clean bill of health.
Website claims
3/10 · LowUnusually honest for an offshore broker. It stated plainly that its Saint Vincent registration is not a licence, named a Vanuatu company number that checks out, and advertised a founding year matching the registries. Marks against it are loose wording that blends registration with regulation, no link to any register, and 1:1000 leverage marketing.
Operational history
5/10 · ModerateA verified track record of about four years from the domain and both company registrations, with no inflated age claim. The direction of travel is the problem: the site last worked in April 2026, the client portal is dead, and the Vanuatu register shows the last annual return filed in January 2024.
Who they are
A quick desk file on the company behind the brand.
- Brand: KAIFIN (also written Kaifin and KaifinTrade)
- Legal entities: KAIFIN LLC, registration 2654, Saint Vincent and the Grenadines, incorporated 24 October 2022. KAIFIN LIMITED, company number 700692, Vanuatu, registered 30 January 2023 and holder of the licence.
- Registered: Richmond Hill Road, P.O. Box 2897, Kingstown, Saint Vincent and the Grenadines. The Vanuatu entity sits at Law Partners House, Kumul Highway, Port Vila.
- Operating address: Office 2301, Business Bay, Dubai, United Arab Emirates, with a UAE telephone number, as published on the broker's own contact page.
- Website: kaifintrade.com, which no longer serves a site. The client portal clients.kaifintrade.com no longer loads.
- Only licence: Vanuatu Financial Services Commission financial dealer licence, Class A, B and C, active, granted 25 March 2024 to KAIFIN LIMITED. The Saint Vincent number 2654 LLC 2022 is a company registration, not financial regulation.
- Offered: CFDs on currency pairs, metals, energies and crypto on MetaTrader 5, four account types, leverage to 1:1000, minimum deposit 100 US dollars, dealing as principal against its own clients.
- Not accepted: residents of the United States, Hong Kong, Singapore and FATF high-risk jurisdictions including North Korea, Iran and Myanmar.
- Age claim: the site carried a 2022 copyright line and claimed no earlier history. Our own dating agrees, so the age is honest.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Vanuatu Financial Services Commission (VFSC)
St. Vincent and the Grenadines Financial Services Authority (company registry)
Why we reached this verdict
How the evidence adds up.
This is a real, licensed offshore broker whose platform has stopped working. Neither half of that sentence can be dropped.
- The licence is genuine. The Vanuatu Financial Services Commission publishes its financial dealer licensees, and KAIFIN LIMITED appears there once, with company number 700692, licence classes A, B and C, status Active, dated 25 March 2024. The number matches what Kaifin printed on its own legal page, and no other firm on that list carries the name. The Vanuatu companies register separately confirms the same entity as registered, with its recorded activity given as a financial dealer licence. Our own record said this broker had no regulation at all, and that was wrong.
- But the licensed company is not the company that took your money. Every page footer named KAIFIN LLC of Saint Vincent as the corporation dealing with clients, and that company states in plain words that its registration does not amount to a licence from the local supervisory authority. Saint Vincent does not license or supervise CFD brokers. So the protection sits with a Vanuatu entity while the contract sat with an unlicensed one.
- The operation is now unreachable. kaifintrade.com returns a hosting notice saying the domain is not connected to any site. The client login address the broker published, clients.kaifintrade.com, still resolves but completes no connection. The last working version of the site dates from 20 April 2026, and the Vanuatu register records the company's last annual return as filed on 3 January 2024. A broker you cannot reach is a risk to anyone still holding a balance, whatever its paperwork says.
- No regulator has objected to it. The combined alert lists of securities regulators worldwide return nothing for Kaifin. The Saint Vincent authority publishes warning notices against entities registered there, four of them in 2026 alone, and KAIFIN LLC is not among them. A firm-name search of the National Futures Association register in the United States returns nothing, which is consistent with the broker excluding US residents.
- What clients said while it was running was mild, and there was very little of it. Trustpilot holds one review for the domain, four stars from November 2023, praising spreads and support and criticising live-chat speed. Two further comments on a third-party broker directory in 2023 described the platform and service positively while questioning the firm's regulatory wording and calling its deposit and withdrawal information unclear. Reddit, ForexPeaceArmy and ForexFactory carry nothing. Two Kaifin-branded copy-trading apps have 27 downloads between them and no ratings. That is a near-absent footprint for a four-year-old brokerage, so the absence of complaints tells us far less than it would at a busy firm.
- Nothing points to deception. We compared the site in March 2023 with its last version in 2026: the regulatory wording never claimed the UK, the US, Australia or the EU, no licence claim appeared and then vanished, the founding year never shifted, and the registered address matches the registry. There are no invented awards, no guaranteed-profit language, no named executives on stock photographs, and no borrowed licence number. Reports circulated in 2023 that the broker claimed a US licence, but we found no such claim on any of its own pages in either year, so we do not treat it as one.
- Classification. On the evidence this is a dormant offshore broker, not a theft. The pattern that marks an exit scam, a cluster of withdrawal complaints just before the site dies, is absent. The score reflects a weak licence held by the wrong entity, a vanished platform and an evidence base too thin to call the firm safe.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Vanuatu regulator's own financial dealers licensee list contains exactly one Kaifin entry: KAIFIN LIMITED, company number 700692, licence classes A, B and C, status Active, dated 25 March 2024. The number matches the one the broker published itself, and no other firm on the list carries the name.
E2The broker's own address kaifintrade.com no longer serves a site. It returns a hosting notice stating that the domain is not connected to any site, so there is no working website, no sign-up and no public platform.
Strongkaifintrade.comE3The Saint Vincent company registry lists KAIFIN LLC, registration number 2654, as an active limited liability company incorporated on 24 October 2022, with Euro-Caribbean Trustees as registered agent. The entity is real and current, which proves corporate existence and not regulation.
E4Kaifin's own legal-documents page names two entities and states that Kaifin Limited is a registered Vanuatu company, Company Number 700692, regulated by the VFSC, with client documents differing according to which entity holds the account.
E5The Vanuatu companies register records KAIFIN LIMITED, number 700692, as an international company at Law Partners House, Port Vila, status Registered, registered on 30 January 2023, with its service activity given as a financial dealer licence and its last annual return filed on 3 January 2024.
E6On its last working homepage the broker stated that its Saint Vincent registration does not mean it has obtained a licence from the local supervisory authority, that the Saint Vincent authority does not regulate or supervise CFDs, and that it deals principal to principal at its own prices. It claimed no UK, US, Australian or European licence anywhere.
E7The combined alert and warning lists of securities regulators worldwide return no entry for Kaifin, so no member authority has published a caution about this brand or its domain.
E8The Saint Vincent authority publishes warning notices against entities registered in its jurisdiction, naming four other firms during 2026, and KAIFIN LLC does not appear among them.
E9A firm-name search of the National Futures Association BASIC register returns no results for KAIFIN, confirming the brand has never been registered with the CFTC. Reports that the broker claimed a US licence are not supported by any of its own published pages.
E10The domain kaifintrade.com was registered on 27 September 2022 through GoDaddy, runs to September 2027, and its record was last altered on 12 July 2026. The date is consistent with the 2022 start the broker advertised, so there is no inflated age claim.
E11Trustpilot holds a single review for the broker's domain, four stars from November 2023, describing a new broker with good spreads and helpful support but slow live chat. No reviewer alleges a refused or delayed withdrawal.
ModerateTrustpilot, kaifintrade.comE12The client login host the broker published, clients.kaifintrade.com, still resolves to 217.15.167.208 but serves no working page, so account holders have no route to their accounts.
E13The broker's own contact page gave a Saint Vincent registered address and, separately, a working office at unit 2301 in Business Bay, Dubai, with the telephone number +971 4 584 9015 and email-only support. Disclosing a real operating country is unusual in this part of the market.
E14Two Kaifin-branded copy-trading apps are published on the Apple store by Connext LLC, a different legal entity from either Kaifin company, and neither app has enough ratings to display a score.
E15Comparing the site in March 2023 with its last version in 2026 shows no licence claim that appeared and was later removed, no change of founding year, and no change of legal entity or registered address. The regulatory wording stayed consistent and understated throughout.
The other side
The strongest case in this broker’s favour.
The case for KAIFIN deserves a fair hearing, and parts of it are strong.
- It is really licensed, and we confirmed it at the source. Many brokers in this jurisdiction claim a Vanuatu licence that does not exist. Kaifin's does, in the regulator's own list, current and in the right classes for dealing in securities and foreign exchange. Published reviews calling this broker completely unregulated were written in 2023, before the licence was granted in March 2024, and they have not been updated.
- It told the truth about its weaknesses. Kaifin's own pages say its Saint Vincent registration is not a licence, that the Saint Vincent authority does not regulate CFDs, and that it deals as principal against its clients. Most high-risk brokers do the opposite and dress a registration up as regulation. Volunteering the limitation is a point in its favour.
- It disclosed where it actually works from. The contact page gave a Dubai office and a UAE telephone number alongside the offshore registered address. Operations hidden behind a post-office box are the norm in this part of the market, and Kaifin did not do that.
- Its identity checks out on paper. Both companies exist, both are current, both numbers resolve, the registered address matches the registry, and the age it advertised matches the records. No borrowed credentials, no impersonated brand, no clone.
- No client has publicly accused it of keeping their money. Over four years, across six platforms, we found no allegation of a refused withdrawal, no frozen account, no deleted balance and no demand for a payment before release. Users who did write about it described fast execution and responsive support.
- A closed business is not automatically a dishonest one. Small brokers run out of money and shut down. The honest reading of a dark website with no complaint spike before it went dark is a firm that wound down, not one that absconded, and we found nothing to contradict that reading.
- Leverage of 1:1000 and principal dealing are legal where it is licensed. They are dangerous to retail traders and we score them as risk, but they are not deception.
What would change this
What we would need to see to revise the verdict.
Specific, checkable things would move this verdict in either direction.
- Toward a scam verdict: credible reports from clients that deposits or balances were not returned when the platform went dark, especially several describing the same mechanism within one window and naming amounts and dates.
- Toward a scam verdict: any demand for a tax, fee, release charge or verification payment before funds are handed back. One credible, specific account of that would change our assessment on its own.
- Toward a scam verdict: an entry naming Kaifin or kaifintrade.com on a regulator's warning or alert list, or a warning notice from the Saint Vincent authority, which has issued several against other entities registered there.
- Toward a scam verdict: the Vanuatu licence appearing as cancelled, suspended or lapsed on the regulator's list, or the Vanuatu company moving to removed or in liquidation while the brand is still soliciting clients somewhere.
- Toward a scam verdict: the brand reappearing under a new domain or a new entity, taking deposits while the old client balances remain unpaid.
- Toward a lower risk rating: the website and client portal returning to normal service, with clients confirming that withdrawals were processed through the quiet period.
- Toward a lower risk rating: the deposit-taking contract moving to KAIFIN LIMITED, the entity that actually holds the licence, so that the regulated company is the one holding the money.
- Toward a lower risk rating: a substantial, verifiable body of client reviews. The thin footprint is a large part of why we cannot call this firm safe, and that cuts both ways.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Vanuatu Financial Services Commission, Financial Dealers Licensee List
The Vanuatu regulator's own list of licensed dealers. KAIFIN LIMITED appears with company number 700692, classes A, B and C, active.
Vanuatu Financial Services Commission, Entity Search
Free search of the Vanuatu companies register. Enter 700692 or Kaifin Limited to see the company record.
St. Vincent and the Grenadines FSA, Entity Name Search
Saint Vincent company registry. Type KAIFIN to see registration 2654, its status and its incorporation date.
St. Vincent and the Grenadines FSA, Investor Alerts
Warning notices from the authority where KAIFIN LLC is registered. KAIFIN does not appear on it.
NFA BASIC, United States registration check
Search the firm name Kaifin. It returns nothing, so the brand has never been registered in the United States.
IOSCO I-SCAN, worldwide regulator alerts
The combined alert lists of securities regulators worldwide, filtered for Kaifin. No entries.
Trustpilot reviews for kaifintrade.com
Public review page tied to the broker's own domain. One review in total.
Frequently asked questions
Quick answers about this broker’s safety.
Is KAIFIN a scam?
On the evidence we have, no. KAIFIN holds a genuine, active financial dealer licence in Vanuatu, no regulator has warned about it, and no client has publicly reported losing money. We still rate it 50% high risk because its website and client portal no longer work, the company that signed up clients was itself unlicensed, and there are too few client reports to confirm it behaved well.
Is KAIFIN a fraud?
We found no evidence of fraud. There is no regulator warning naming Kaifin or kaifintrade.com, no enforcement action, no court record, and no client allegation that money was withheld. What we did find is a licensed offshore broker whose platform has gone offline, which is a serious risk to anyone still holding a balance but is not the same thing as a proven crime.
Is KAIFIN regulated?
Partly. KAIFIN LIMITED holds a Vanuatu Financial Services Commission financial dealer licence, classes A, B and C, active since 25 March 2024, and we confirmed it on the regulator's own licensee list under company number 700692. But the company named on the website as your counterparty was KAIFIN LLC in Saint Vincent and the Grenadines, and Kaifin itself states that this company holds no licence from the local authority.
Can I still withdraw my money from KAIFIN?
There is no working route to an account at the moment. The client login address the broker published, clients.kaifintrade.com, no longer loads, and the main site serves no pages. If you hold a balance, put your claim in writing to service@kaifintrade.com, keep every record, complain to the Vanuatu Financial Services Commission quoting company number 700692, and ask your card issuer or bank about a chargeback or payment recall.
Is kaifintrade.com still working?
No. The address returns a hosting notice saying the domain is not connected to any site. The last working version of the website dates from 20 April 2026. The domain registration itself is still alive and runs to September 2027, so the name has not been abandoned, but nothing is served from it.
Who owns KAIFIN and where is it based?
Two companies carry the name. KAIFIN LLC is registered in Saint Vincent and the Grenadines at Richmond Hill Road, Kingstown, through the agent Euro-Caribbean Trustees. KAIFIN LIMITED is a Vanuatu international company at Law Partners House, Port Vila, and is the licence holder. The broker's own contact page gave its working office as a unit in Business Bay, Dubai, with a UAE telephone number. Individual owners and directors are not disclosed publicly.
How old is KAIFIN?
About four years. The domain kaifintrade.com was registered on 27 September 2022, the Saint Vincent company was incorporated on 24 October 2022, and the Vanuatu company followed on 30 January 2023. The website only ever claimed a 2022 start, so the age it advertised matches the records. That honesty is worth noting, because overstated history is one of the most common deceptions in this market.
What is a Vanuatu VFSC licence actually worth?
Not much in terms of protection. Vanuatu is a low-tier offshore jurisdiction: there is no investor compensation scheme, no deposit guarantee, and supervision is light compared with the UK, Australia or the European Union. A real Vanuatu licence does tell you the firm exists, submitted to some oversight and paid for it, which is more than an unlicensed shell. It does not mean your money is safeguarded if the firm fails.
Is KAIFIN a clone of another broker?
No. We checked the licence number, both company numbers, the entity names and the registered addresses against the registers, and every identifier belongs to Kaifin's own companies. There is no impersonated brand, no borrowed licence and no typosquatted domain. The name appears exactly once on the Vanuatu licensee list and once on the Saint Vincent registry.
Did KAIFIN ever have a United States or NFA licence?
No. A firm-name search of the National Futures Association BASIC register returns no results for Kaifin, meaning it has never been registered with the CFTC. Comments posted in 2023 suggested the broker was claiming an NFA licence, but we examined its own pages from 2023 and from 2026 and found no such claim on any of them. Its terms excluded United States residents throughout.
Has any regulator warned about KAIFIN?
Not one that we can find. The combined alert lists of securities regulators worldwide return no entry for Kaifin. The Saint Vincent authority, which registered KAIFIN LLC, publishes warning notices against entities registered there and named four other firms during 2026, but not this one. Warning lists lag new problems by months, so a clean sweep is reassuring rather than conclusive.
What do people who used KAIFIN say about it?
Very little, which is itself a signal. Trustpilot holds a single four-star review from November 2023 praising the spreads and support while noting slow live chat. Two comments on a third-party broker directory in 2023 described fast execution and good service but questioned the regulatory wording and called the deposit and withdrawal information unclear. Reddit, ForexPeaceArmy and ForexFactory carry nothing at all, and the two Kaifin-branded apps have fewer than 30 downloads between them.
What should I do if I have money with KAIFIN?
Act in writing and act soon. Collect your account number, statements, deposit receipts and transfer references, email a formal withdrawal request and keep the thread, complain to the Vanuatu Financial Services Commission naming KAIFIN LIMITED and company number 700692, copy the Saint Vincent authority for KAIFIN LLC registration 2654, and ask your payment provider about recovery. Never pay a fee, tax or verification charge to get your balance released, and ignore anyone offering paid recovery.
What should I check before depositing with any offshore broker?
Four things, in this order. Find the licence on the regulator's own register, not on the broker's website. Check that the company holding the licence is the same company named in the client agreement, because they often differ. Confirm the website and client portal work and that real clients report completed withdrawals. Finally, accept that an offshore licence carries no compensation scheme, so only risk money you can afford to lose entirely.
Scan history
How this broker’s safety assessment has changed across scans.
What changed since September 3, 2026
Two input facts are now established that the previous record did not carry, and one is new information rather than a change in the broker.
- Licence: the Vanuatu Financial Services Commission licensee list shows KAIFIN LIMITED, company number 700692, with an active Class A, B and C financial dealer licence granted on 25 March 2024. The previous record held no licence for this broker at all. The licence itself is not new; it had simply not been recorded.
- Second legal entity: KAIFIN LIMITED, Vanuatu, registered 30 January 2023, is now on record alongside KAIFIN LLC, Saint Vincent, registration 2654, incorporated 24 October 2022. The broker's own legal page names both, with client documents differing by entity.
- Domains: the client portal clients.kaifintrade.com is now recorded. Neither it nor the main site kaifintrade.com currently serves a page; the last working version of the main site dates from 20 April 2026.
- Unchanged: the Saint Vincent company registration number, incorporation date and registered address, the single Facebook profile, and the absence of any clone finding.
- October 11, 2026CurrentHigh risk (unverified)50% risk
- September 3, 2026High risk (unverified)55% risk
- September 3, 2026High risk (unverified)54% risk
Past scans are archived snapshots kept for transparency and are not indexed by search engines.
What we recommend
The practical takeaway from everything above.
Treat KAIFIN as a dormant high-risk offshore broker and do not send it money.
- Do not deposit. There is no working website and no working client portal, so there is no legitimate way to open or fund an account. Any site, app, chat group or account manager currently taking deposits in this name should be treated as unverified and very probably not the licensed company.
- If you hold a balance, start a written record now. Save your account number, statements, deposit receipts, transfer references and every message from support. Email service@kaifintrade.com in writing and keep the thread, even if nothing comes back.
- Complain to the regulator that licensed it. KAIFIN LIMITED holds a Vanuatu financial dealer licence, so the Vanuatu Financial Services Commission is the authority with standing. Quote company number 700692. Copy the Saint Vincent authority, which registered KAIFIN LLC, number 2654.
- Go back to your payment provider. If you funded by card or bank transfer, ask about a chargeback or recall and give your provider the written record above. Act quickly, because these schemes are time-limited.
- Refuse any payment to release funds. No legitimate broker asks for a tax, fee or verification payment before returning your money, and no genuine recovery service asks for money up front. Approaches offering to recover Kaifin losses for a fee should be treated as a second attempt on your money.
- Platform note for our own record: the broker status should be corrected from no regulation to offshore, the Vanuatu licence and the second legal entity added, and the profile shown with a risk banner rather than delisted. Worth re-examining in 90 days to see whether the brand returns, stays dark, or loses its licence.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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