Kowela Review: A Closer Look at the Alleged Scam
Kowela, a platform operated by Kowela LTD, has been attracting attention in the financial markets, claiming to provide investment services. However, recent investigations raise serious concerns about its legitimacy. In this Kowela review, we will analyze the available information to determine if it is a safe platform for investors or just another scam.
Website: https://kowela.com/
Website Availability: Yes
Domain Age:
- Name KOWELA.COM
- Registry Domain ID 2566100206_DOMAIN_COM-VRSN
- Registered On 2020-10-15T18:17:27Z
- Expires On 2025-10-15T18:17:27Z
- Updated On 2024-10-16T07:30:09Z
Overview of Kowela
Kowela presents itself as a registered entity in Saint Vincent and the Grenadines, with a registration number of 26293 BC. The platform claims that this registration qualifies it to provide financial services. However, further examination reveals that registration in Saint Vincent and the Grenadines does not equate to regulatory oversight for forex brokers. There are serious concerns regarding the platform’s authenticity because the Financial Services Authority (SVG FSA) of the nation neither regulates nor grants forex licenses to forex brokers.
Despite the registration, Kowela is not subject to any real regulatory supervision. This lack of oversight is a critical factor when considering the safety of funds invested through the platform.
Is Kowela Legit or a Scam?
When investigating Kowela’s legitimacy, multiple warning signs emerge. Kowela is not permitted to provide investing services in Spain, according to a formal warning from the Comisión Nacional del Mercado de Valores (CNMV) of Spain. This alert underscores the platform’s questionable legal status in key financial markets.
Moreover, Kowela has been flagged by major financial authorities across the globe. The Hong Kong Securities and Futures Commission (SFC) and the Financial Authority (AMF) in France have both added Kowela to their warning lists. These organizations have identified Kowela as an unlicensed and unauthorized entity operating within the forex market, which means that Kowela is not allowed to legally offer investment services in these regions.
Conclusion
Based on the available evidence, Kowela is not regulated by any credible financial authorities, and it has been flagged by multiple global regulators as an unauthorized platform. Investors who entrust their money to Kowela risk losing it without any legal protections.
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