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Kanak Capital Markets logo

Kanak Capital Markets

No Regulation
Comoros
Since 2012
Last Updated:

Trading Conditions

Min Deposit:
USD2500
Max Leverage:
3000
Account Types
N/A

Official website

Homepage of kanakmarkets.com as we captured it

kanakmarkets.com

Online · checked Sep 10, 2026

1 page archived · Sep 12, 2026

Also on our record

2 more addresses
  • kanakcapitalmarkets.com

Funding Methods

4 methods

Bank Transfer (Wire Transfer)

bank transfer
Up to 1 day
Fee:Not recorded
Fee:Not recorded

Credit/Debit Cards

credit card
Instant
Fee:Not recorded
Fee:Not recorded

E-Wallets (e.g., Skrill, Neteller, PayPal)

e wallet
Instant
Fee:Not recorded
Fee:Not recorded

Cryptocurrency (e.g., Bitcoin, Ethereum)

crypto
Up to 1 hour
Fee:Not recorded
Fee:Not recorded

Trust rating

Do not trust

35 out of 100 · 81% checked

Our investigation found it is likely a scam, and its client terms carry high risk, with 7 critical clauses.

Capped at 35 · Likely scam

Regulation—Not shown

We checked Kanak Capital Markets on 2026-10-30 across its company record, client terms, trading offer and service, and could verify 81% of its record. The score was held at 35 because our investigation found it is likely a scam. What would move the score: withdrawal rails, pricing disclosed per account type, all-in eurusd cost. Our published investigation found it is likely a scam, with 4.7 years of track record. Its client terms carry high risk, with 7 critical clauses.

Score last calculated 2026/10/30

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Kanak Capital Markets LLC
Founded:2012
Headquarters:Comoros
Enterprise Offices:N/A

Customer Support

Phone:
+269 80006512002
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down

Is Kanak Capital Markets a scam?

Wikilix independent safety report

Read the full report
74%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

Kanak Capital Markets shows the hallmarks of a withdrawal trap, and we assess the risk of fraud as high. Clients repeatedly report that deposits were taken and withdrawals then blocked or frozen, the…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency7/10 · HighWithdrawals & conduct8/10 · CriticalReputation8/10 · CriticalWebsite claims7/10 · HighOperational history4/10 · Moderate

What Kanak Capital Markets legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Kanak Capital Markets advertises itself as regulated in the Comoros. The contract you actually sign is with a Saint Vincent and the Grenadines company, under Saint Vincent law, with no compensation scheme. The website publishes none of the six documents that contract names as part of itself. You get 24 hours to complain, and the firm can refuse the complaint anyway.

7Critical clauses
20Clauses flagged
7Documents read
9.0/10Contract risk
Read the full terms report16 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Kanak Capital Markets: its history, the licences it holds, its trading conditions and its fees.

Introduction

Over the years since its founding in 2020, Kanak Capital Markets has grown steadily to establish itself as a multi-asset trading platform. The broker, with its global footprint and focus on offering diverse trading instruments, appeals to a broad category of international clients, particularly beyond the United States.

Offering exclusive trading technology, competitive leverage, and a diverse array of account types, Kanak Capital Markets exists to balance innovation with customer-centric services.

Background and History

The company called Kanak Capital Markets was founded in 2020. It is run by two primary entities: the Mauritian-based Kanak Capital Markets Global Ltd and the Comoros Union-registered Kanak Capital Markets LLC. This two-part setup offers the broker an opportunity to serve a wide, internationally diverse range of clients while following different regulatory standards that apply in each location.

Over the years, Kanak Capital Markets expanded its product base from just forex to include indices, stocks, and commodities. The company positions itself as a global provider of online trading services with a significant value proposition in risk management and client servicing. The growth strategy retains a sharp focus on emerging markets, especially in Asia and Africa, which have increasingly seen demand for accessible platforms rise.

Key Features and Offerings

Trading Platforms

Kanak Capital Markets has an in-house-built trading platform that is both a web-based terminal and a mobile app, supporting iOS and Android devices. The trading platform is user-friendly, with real-time quotes, advanced charting, and a host of technical analysis studies to satisfy the needs of traders who want simplicity and depth in their trading experience.

Account Types and Instruments

The broker has a number of account types, including Standard and Islamic (Swap-Free) accounts, with mentions of VIP accounts, though details of the latter are scant. This flexibility allows traders to choose accounts that fit their trading style and religious considerations.

Kanak Capital Markets supports a wide range of instruments:

Forex: Major, minor, and exotic currency pairs

Indices: Global indices such as S&P 500, NASDAQ, DAX, and FTSE.

Stocks: Overseas equities

Commodities include: Precious metals such as gold and silver, oil

Moreover, the broker provides educational resources through webinars, seminars, and multilingual brochures to help traders improve their knowledge of the markets.

Licensing and Regulatory Compliance

Regulatory oversight is one of the most important factors to consider while selecting a forex broker. Kanak Capital Markets operates under licenses from regulators in Mauritius and Comoros, though it lacks Tier-1 regulatory approvals from authorities such as the FCA or ASIC.

Entity

Regulator

License Number

Status

Scope

Kanak Capital Markets Global Ltd

Financial Services Commission (FSC), Mauritius

GB22202481

Active

Investment Dealer (Class I) - Forex, CFDs, other instruments

Kanak Capital Markets LLC

Financial Services Authority (FSA), Comoros

Not publicly disclosed

Active

Forex and CFD trading

Although the broker claims to segregate client funds, independent verification is limited. Furthermore, Kanak Capital Markets does not contribute to major deposit compensation schemes, which is a major indicator for risk-sensitive traders.

Trading Conditions and Platform Technology

Trading Terms

Kanak Capital Markets offers competitive trading conditions that would likely appeal to a wide variety of traders. Variable spreads start as low as 0.0 pips on major forex pairs; the typical EUR/USD spread is from 0.1 to 1.5 pips. Leverage provided by the broker reaches exceptionally high values, up to 1:3000, though this may vary depending on the jurisdiction and account type.

The minimum deposit requirement is $100; thus, the platform is available for traders of different capital levels. Generally speaking, there are no commissions on standard accounts, though one should expect some charges for the VIP or ECN account type. This information is not very transparent.

Platform Technology

The company operates a proprietary trading platform, built with ease of use and security in mind. It features real-time market data, professional charting capabilities, and technical indicators to support informed trading decisions. Integrated risk management facilities help traders control their exposure effectively. Recent improvements have been made to the mobile app, enhancing the functionality and user experience on-the-go.

Feature

Details

Spreads

Variable, from 0.0 pips (EUR/USD typical 0.1–1.5 pips)

Leverage

Up to 1:3000 depends on jurisdiction/account

Minimum Deposit

$100

Platforms

Proprietary web-based and mobile app (iOS & Android)

Account Types

Standard, Islamic (Swap-Free), VIP (Information Scarce)

Fee Structure

For traders, transparency around fees is the most important issue. According to Kanak Capital Markets, it proudly declares a flat price without deposit or withdrawal commissions, which may be appealing for the cost-sensitive customer. Details about inactivity fees are not well documented, so there is some ambiguity on this matter.

Standard accounts do not have commissions, but some fees may be involved with the VIP or ECN accounts, which are not clearly outlined even on the broker's official sites. For standard accounts, overnight financing or swap fees apply. However, Islamic accounts are swap-free.

Fee Type

Details

Deposit Fees

None (claimed)

Withdrawal Fees

None (claimed)

Commission

No commission on standard accounts; possible on VIP/ECN

Inactivity Fees

Not disclosed (assumed none)

Account Closure Fees

None (claimed)

Overnight Financing (Swap)

Applies to standard accounts only; Islamic accounts are exempt.

User Experience and Market Reputation

Users have left mixed reviews for Kanak Capital Markets on independent platforms like FxVerify and Forex Wikibit, where ratings are in the middle range, around 3.2 to 3.5 out of 5. Most of the positive feedback concerns good customer service and ease of trading with their proprietary platform.

On the other hand, some traders have expressed concerns regarding withdrawal processing times and the overall transparency of fee disclosures. The absence of Tier-1 regulatory oversight also contributes to cautious sentiment among certain segments of the trading community.

Regardless of all those challenges, Kanak Capital Markets stays competitive because it offers a wide range of trading instruments, high leverage, and educational resources, which attract traders who look for a full-fledged trading environment.

Recent Developments

In the last couple of years, Kanak Capital Markets has focused on improving its platform and expanding its learning resources. The most recent highlight, however, is that the broker received an award for “Best Online Trading Platform for Multi-Asset Brokerage” at the Forex Traders Summit 2025, showing commitment to innovation and client service.

The 2024 platform updates improved functionality in mobile applications, and 2025 saw the expansion of educational programs aimed at empowering traders with market knowledge. The company is also scaling up its operations in emerging markets across Asia and Africa to facilitate trends occurring on a global scale in the growth of retail trading. Conclusion

Kanak Capital Markets is a versatile, internationally-oriented Forex broker based on a strong foundation in both Mauritius and Comoros. With its proprietary trading platform, wide range of instruments, and high leverage options, it offers the flexibility and variety that many traders are looking for. Still, prospective customers should consider the benefits in light of the broker regulatory status and mixed customer reviews, especially about transparency and withdrawal processes. Overall, Kanak Capital Markets has a competitive package for traders willing to navigate its unique regulatory landscape and leverage its educational resources.

Website archive
Captured

Website snapshots

One full-page capture of Kanak Capital Markets's own site, archived so what it said can still be read after the page changes.

1 page
Homepage
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for Kanak Capital Markets. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Kanak Capital Markets. 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.
View other brokers
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 2 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (Wire Transfer)Bank Transfer
Large deposits or withdrawals may require additional verification. Processing time typically 1–5 business days for deposits and 3–7 business days for withdrawals. Supported currencies include USD, EUR, GBP, AED, and other major currencies subject to bank support.
Not recordedNot recordedUSD 250USD 250Not recordedUp to 1 day
Credit/Debit CardsCredit Card
Withdrawals must be made to the same card used for deposit. Some regions may have restrictions. Processing time is instant for deposits and 1–5 business days for withdrawals. Supported currencies: USD, EUR, GBP, AED.
Not recordedNot recordedUSD 250USD 250USD 10,000Instant
E-Wallets (e.g., Skrill, Neteller, PayPal)E-Wallet
Withdrawals must be made to the same e-wallet used for deposit. Some regions may have restrictions. Processing time is instant for deposits and 1–3 business days for withdrawals. Supported currencies: USD, EUR, GBP, AED.
Not recordedNot recordedUSD 250USD 250USD 10,000Instant
Cryptocurrency (e.g., Bitcoin, Ethereum)Cryptocurrency
Withdrawals must be made to the same cryptocurrency wallet used for deposit. Processing time typically 1–2 hours depending on network congestion. Some regions may have restrictions.
Not recordedNot recordedUSD 250USD 250Not recordedUp to 1 hour
Fees, limits and processing times as published by Kanak Capital Markets, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

3 domains on record. All active and served over HTTPS.

3 domains
  • kanakcapitalmarkets.comActiveHTTPS
  • webtrader.kanakmarkets.com:82ActiveHTTPS
  • portal.kanakcapitalmarkets.com/signupClient portalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Company registry check
Checked

Company Registration

Kanak Capital Markets names Kanak Capital Markets LLC as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
Kanak Capital Markets LLC
Jurisdiction
Comoros
Registered address
Bonovo Road, Fomboni, Island of Moheli, Comoros Union
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about Kanak Capital Markets

Most Popular Questions
Kanak Capital Markets offers a maximum leverage of up to 3000:1. This high leverage level is available for Forex trading instruments as specified in their trading conditions.
Kanak Capital Markets does not charge deposit or withdrawal fees directly. However, banks, card issuers, e-wallet providers, and blockchain networks may impose their own fees. Minimum deposit amounts start at 250 USD, with some maximum limits depending on the payment method.
Kanak Capital Markets supports deposits and withdrawals via bank transfer, credit/debit cards, e-wallets like Skrill and PayPal, and cryptocurrencies such as Bitcoin and Ethereum. Transfers must originate from accounts or wallets registered in the client’s name. Processing times vary from instant to several business days depending on the method.
Kanak Capital Markets offers the MetaTrader 5 platform for desktop users. MetaTrader 5 is a multi-asset platform supporting Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
Kanak Capital Markets is regulated by the Moroni International Services Authority (MISA) in Comoros, which is considered an offshore regulator. The broker holds an international brokerage license but does not provide client fund insurance.
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