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Klips

No Regulation
Cyprus
,
Since 2022
Last Updated:
59/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

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Total Reviews
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This Month
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Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 59%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
59%Fair
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Klips CY Ltd
Founded:2022
Headquarters:Cyprus
Enterprise Offices:3offices

Customer Support

Phone:
—
Live Chat:
Not Available
Response Time:
—
Languages:
—
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Editorial review
Updated

Broker Summary

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

Klips was a retail trading brand associated with Cyprus, promoted around a mobile application offering currencies, commodities, indices and shares. As of this review it does not appear to be operating: the brand's website at klips.com no longer serves a broker site at all and instead resolves to a domain-sale parking page, and no live client-facing pages, account documentation, pricing schedule or funding information could be reached.

Regulation. No forex or CFD licence could be verified for the Klips brand or for the Cyprus company behind it. Marketing material circulated in the past associated the brand with European and South African supervision, but nothing available to us substantiates a live trading authorisation, and this profile treats the broker as unregulated until a licence can be confirmed against the issuing authority. A company registration is not a licence and must not be read as one.

The company behind it. The operating company is registered in Cyprus. The Department of Registrar of Companies and Intellectual Property records company HE 431041, incorporated 11 February 2022 and currently active, but under the name VSMARKETS LTD; KLIPS CY LTD is recorded there only as a previous name of that same company. Two further Cyprus companies carrying the Klips name, KLIPS PA LTD (HE 432595) and KLIPS CY SERVICES LTD (HE 451362), are both recorded as being in Members Voluntary Winding Up. The registered office of HE 431041 is Rigas Fereou 11, Ground floor, 3095, Limassol, Cyprus.

Trading conditions, platforms and funding. None can be documented. With the website offline there is no published account comparison, no spread or commission schedule, no leverage limit, no platform download and no deposit or withdrawal table to report. Rather than repeat unsourced figures, this profile leaves those sections empty.

Who this suits. Nobody, at present. There is no route to open or fund an account, no verifiable regulator to complain to, and the corporate group behind the brand is partly in voluntary liquidation while the brand's own domain is listed for sale. Anyone still holding a balance under this brand should pursue it directly with the company and, where relevant, take independent legal advice. Traders looking for a Cyprus-based broker should choose one whose licence can be confirmed on the regulator's own register and whose website is live.

Regulation check
Checked

Regulatory Licenses

Klips holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

2 of 2 checked
Licences on record
2
Confirmed on register
2
Tier 1 or 2
1
Offshore
1

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Cyprus Securities and Exchange Commission 434/23

Wikilix read the CySEC register on Aug 17, 2026. This is what it said.

Jurisdiction
Cyprus
Authority strength
Tier 2
Register status
Active
Effective
Aug 1, 2023

Checked Aug 17, 2026

What our check found

A full Cyprus Investment Firm authorisation under the European MiFID II framework, permitting order execution, dealing on own account and portfolio management, with client-money segregation and Investor Compensation Fund cover. Client protection: Segregated client money, negative balance protection for retail clients, and compensation up to 20,000 euros through the Investor Compensation Fund if the firm fails.. Effective: 01 Aug 2023.

Client protection under this licence

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30

These are the rules CySEC sets for the firms it licenses. They are not a statement about how Klips applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Websites

Global Domains

2 domains on record. One active.

2 domains
  • Cypruswww.klips.comMain siteCyprusInactiveHTTPS
  • www.vsmarkets.comActiveHTTPS
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.
Legal entities

Corporate Network

3 legal entities behind the Klips brand.

3 entities
  • VSMARKETS LTD (formerly KLIPS CY LTD)ActiveCyprusRegistration HE 431041Established Feb 11, 2022The Cyprus company that traded under the Klips brand; the Department of Registrar of Companies records KLIPS CY LTD as a previous name and VSMARKETS LTD as the current name. Registered active.
  • KLIPS PA LTDdissolvedCyprusRegistration HE 432595Established Mar 28, 2022Cyprus company in the Klips group; the Department of Registrar of Companies records its status as Members Voluntary Winding Up with effect from 11 February 2026.
  • KLIPS CY SERVICES LTDdissolvedCyprusRegistration HE 451362Established Sep 15, 2023Cyprus company in the Klips group; the Department of Registrar of Companies records its status as Members Voluntary Winding Up with effect from 22 January 2025.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is VSMARKETS LTD (formerly KLIPS CY LTD). Registered in Cyprus. Registration number HE 431041.

Verified on registry
Registration number
HE 431041
Jurisdiction
Cyprus
Incorporated
Feb 11, 2022
Registry
Cyprus Department of Registrar of Companies and Intellectual Property
Registered address
11 Riga Fereou Street, Ground Floor, 3095 Limassol, Cyprus
Frequently Asked Questions

Frequently Asked Questions

Common questions about Klips

Most Popular Questions

No. There is no working website through which to register, no verifiable regulator standing behind the service, and the corporate group is partly in liquidation while the brand's domain is offered for sale. Choose a broker whose licence you can confirm on the regulator's own register and whose site is live.

No support channel could be verified. No telephone number, support email, live chat or help centre is reachable. Social media profiles under the brand name exist but are not a substitute for a working support desk.

No. A company registration proves only that a legal entity exists in that jurisdiction. It confers no permission to take client deposits, run a dealing desk or offer leveraged trading, and it is granted by a company registrar rather than a financial regulator. A registration certificate should never be read as a trading licence.

Unknown. We could not reach the terms, a restricted-countries page, the signup form's country list, the AML policy, the funding page or the footer disclaimer, because the site no longer serves any of them. We have therefore recorded no country policy at all rather than implying the broker restricted nobody.

Contact the operating company directly in writing and keep every record you have: statements, deposit receipts, correspondence and screenshots. Because no supervising authority could be identified, there may be no regulator to escalate to and no compensation scheme behind the balance. Given that companies in the group are recorded as being in voluntary liquidation, take independent legal advice promptly rather than waiting.

There is no working route. No deposit or withdrawal page, fee schedule, processing time or limit is published anywhere reachable, and there is no live client area through which to submit a request.

None can be confirmed. Marketing described a proprietary mobile application, but no download link, platform page or server detail is available to verify, and there is no evidence of MetaTrader 4, MetaTrader 5 or cTrader access.

Neither can be documented. No pricing schedule, spread table, commission structure or leverage limit is reachable, so these fields are left empty rather than estimated.

Not published. With the website offline there is no account comparison or funding page stating a minimum, and we will not repeat an unsourced figure. If you are told a minimum deposit for this brand by any other channel, treat it with caution.

We found no confirmed evidence of fraud, so we do not label it a scam. What we can document is serious: no verifiable licence, a website that has become a domain listed for sale, the trading name surviving only as a former name of a company now called something else, and two sibling Cyprus companies in voluntary liquidation. That combination is enough to treat the brand as high risk and unverified.

The Cyprus registry records company HE 431041 as registered on 11 February 2022. Promotional material circulated founding dates of 2014 and 2017; neither is supported by the registry entry for the company that carried the brand, so we report the registered date instead.

The Cyprus company behind the brand is registered with the Department of Registrar of Companies and Intellectual Property under number HE 431041. Its current registered name is VSMARKETS LTD; KLIPS CY LTD is recorded there as a previous name of the same company. Its registered office is Rigas Fereou 11, Ground floor, 3095, Limassol, Cyprus.

No. Both klips.com and www.klips.com redirect away from the broker's own host to a registrar's domain-sale parking page. We tried an ordinary request and then a full browser, and both ended at the same sale page. There is no live Klips site, no client login and no signup form.

No regulation could be verified. We found no forex or CFD licence in force for the Klips brand or for the Cyprus company that traded under it, and no verify link to an issuing authority is published anywhere we could reach. Until a licence can be confirmed on the regulator's own register, this broker should be treated as unregulated.

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