In this review, we will examine the broker Kane LPI Solutions Limited, whose headquarters are based in the UAE, with branches opened in Mauritius, Bermuda, and Malta. At least, such information is found on the company’s official website, but without any confirmation. In addition, the firm boasts of having a DFSA license, and the duration of operation is 8 years. Unfortunately, no proof is provided. What’s wrong with the company, and can it be trusted? Can such a platform be safe, or is it better to stay away from it?

How to Trade

For trading on financial markets, the owners offer a platform that works through any browser. The firm assures us that a mobile version is available, but no download links are provided. Moreover, there is no demo account.

Kane LPI Solutions Limited hides many conditions: commission, size and type of spreads, swaps, contract specifications, and other details. The minimum amount for a deposit is 100 euros.

Furthermore, the company offers additional services:

  • Creating an investment portfolio with the help of managers.
  • Consultations from experts by phone/SMS/email.

The company promises profit based on previous periods, where clients were able to earn up to 12.7% profit in one quarter.

Kane LPI Solutions Limited Vital Info

In 2016, a group of professionals founded the brokerage firm, but is this really the case? We doubt it because the official website’s domain was registered on October 30, 2023. And without a website, an online broker cannot operate. How could this project have worked? We suspect that the organization indicates a false date of its founding.

The broker lists a DFSA license, but only the number is available. Checking the registry revealed the existence of an organization named Kane LPI Solutions Limited, but it is unlikely to be the firm we are reviewing. The fact is that the phone number and type of activity differ from the data that can be found at this company. We also checked the registries of financial commissions of other jurisdictions mentioned in the “contacts” section, and there the intermediary was not found.

FAQ

What are the key facts about Kane LPI Solutions Limited?

Although the firm provides some details about its activities, they are most likely fictional. Firstly, the young domain created in the fall of 2023 does not align with the founding date of 2016. Meanwhile, there is no real proof of the broker's operation over 8 years. Even the number of reviews on the internet is laughably low. Secondly, the DFSA license mentioned on the site belongs to another company, and other regulations are not mentioned. Thirdly, the financial commissions' registries of Mauritius, Bermuda, and Malta show no presence of this platform.

What's the risk to my wallet when working with this broker?

It is important to remember the high risk when using leverage. Most traders lose their money in financial markets. However, the main risk in Kane LPI Solutions Limited lies not in this but in potential fraud. The firm has been operating recently and cannot provide security guarantees, making depositing funds here very dangerous. There is a high probability of encountering problems with money withdrawal.

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