Broker Review

Unauthorised / Mixed-Legitimacy Details

Name: Kicomarket.live
Website: kicomarket.live

In recent years, many online platforms have emerged offering cryptocurrency trading, high-return investment schemes, and digital asset services. While some are legitimate, many others operate without oversight, exposing investors to significant risks. Kicomarket.live is one such platform that has drawn scrutiny from watchdogs, fraud-reporting websites, and investor-safety advocates. This article explores the regulatory warnings against it, the red flags associated with its operations, and guidance for potential victims or cautious users.

What Is Kicomarket.live?

According to multiple sources:
Alertopedia notes that Kicomarket.live claims to be a “cryptocurrency platform providing services related to digital assets.” However, the site is unlicensed and unregulated.
TheSafetyReviewer similarly reports that the platform makes offers of digital finance solutions while lacking registration with respected financial authorities.

TracingFundsOnline describes Kic oMarket (Kicomarket.live) as engaging in an advance fee fraud, warning users not to pay any “fees” or “taxes” demanded before withdrawal.
FraudAdviser gives Kicomarket.live a very low trust score, indicating a strong likelihood of being a fraudulent or risky site.

These reports consistently highlight a lack of transparency about ownership, contact information, licensing, and credible regulation.

Regulatory Warnings & Observations

While there is no publicly known statement from a major financial regulator specifically naming Kicomarket.live (as of current records), several indirect observations and general regulatory principles apply:

1. Lack of Licensing / Registration
A consistent red flag is that Kicomarket.live is not registered or authorized by any recognized financial regulator. Legitimate investment platforms typically show clear regulatory credentials: license numbers, regulatory bodies (e.g., FCA in UK, SEC in US, ASIC in Australia), and compliance documentation.

2. Without licensing:
There is no oversight ensuring the platform follows investor protection rules.
Users have limited legal recourse if the platform fails or misappropriates funds.
The platform may misrepresent itself as regulated to lure investors-a tactic commonly targeted by regulators.

3. Advance Fee & Withdrawal Barriers
One of the most common features of investment frauds, especially in the crypto space, is that withdrawals are blocked or subjected to extra “fees” or “taxes” that the user must pay before getting their money. This is often known as an advance fee fraud. If the user pays, the funds still aren’t released.
TracingFundsOnline explicitly warns users not to pay any such fees, stating that doing so generally traps the money permanently.

4. Unrealistic Promises & Guarantees
A major hallmark of suspicious platforms is the promise of guaranteed high returns with low or no risk. In the crypto world, such guarantees are inherently unrealistic given volatility and market uncertainty.
Offering fixed or “safe” profits is often a lure to attract naïve investors. Reputable platforms always include disclaimers about risks. The absence of risk disclaimers is a danger sign.

5. Absence of Transparent Contact or Ownership Info
Kicomarket.live does not provide verifiable contact information (address, phone, regulatory registration, or legitimate team profiles). This opacity undermines accountability and makes it nearly impossible for users or authorities to hold them responsible.

6. No Regulatory Body References or Alerts
Scanning major regulatory alert networks:
IOSCO / I-SCAN collects warnings about entities that are not authorized in given jurisdictions. Kicomarket.live does not currently appear in I-SCAN’s published list.
However, absence of listing does not imply safety – many fraudulent operators stay below the radar until they are exposed.
Regulators like the U.S. SEC warn generally that many digital asset and crypto trading platforms may appear to be regulated when they are not.

Thus, while regulators may not have publicly named Kicomarket.live yet, the platform displays all the traits that draw regulatory suspicion and merit caution.
While there is no known public statement from major financial regulators targeting Kicomarket.live yet, the platform exhibits multiple high-risk and suspicious characteristics, including a lack of regulation, opacity, withdrawal barriers, and unrealistic promises. These are precisely the traits that regulatory agencies warn investors to steer clear of.