SENTFUNDS

KALO

Written by

in

High Risk

Reported as a scam / unregulated

SF-700646registry entry

Why KALO is on the register

KALO claims to be owned and operated by KALO GLOBAL LIMITED, a UK-based company supervised by the UK Financial Conduct Authority (FCA). However, nowhere did its website mention the regulatory information or its company details. The lack of such information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. Probing further into this broker, we found the alleged FCA-regulation is nothing but fake as we didn’t find any matching results from FCA. So KALO is not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.