Why George Kikas is against trading through K2Investing brokers?
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K2 Investing was founded in 2016 and is owned by Goldex Technology Limited located at Majuro Marshall Island. They are binary options and CFD forex brokers. They are unlicensed brokers.
Account types are Standard ($250), Premium ($1000), PRO ($2500), and VIP ($10000), it offers about 200 assets and the website is in English, Arabic, and Russian.
K2 Investing prohibits the use of any automated trading software else accounts will be closed. The account should not be created by any get-rich-quick product which is against their T&C.
The trading platform is increasingly popular binary options software called AirSoft and is used by many brokers. It has 200+ asset available comprising of stocks, commodities, forex pairs, and market indexes. The maximum potential on trades is upto 90%. The binary options are short-term, long-term, and countdown with different expiry times.
Many investors like K2 Investing because it has flexible of options expiry time ranging from 60 seconds to 6 months. K2 requires the trading volume to be 60 times the bonus amount for bonus withdrawal. That is near impossible.
George Kikas in the comment section of .scambroker.com mentions that K2 Investing is a scam and he has been the victim. The method used is to convince the client to deposit money, the same story everywhere. Once you deposit there will be no response from the company. He appeals to all from the UK to apply to local police and report a cybercrime. He requests everyone to stay away from the company.