KonohaFX Review 2026

KonohaFX is a broker/online-trading brand in our historical database. Current review status: FCA unauthorised-firm warning. The UK Financial Conduct Authority published an unauthorised-firm warning for KonohaFX on 30 April 2024 and updated it on 2 May 2024. The warning identifies the exact konohafx.io website, the Larnaca address and contact details and states that the firm is not FCA-authorised and may be targeting people in the UK.

We do not assign normal commercial 'pros' to this profile because the overriding issue is regulatory status and client protection. UK users dealing with KonohaFX do not have Financial Ombudsman Service or Financial Services Compensation Scheme protection through FCA authorisation. We did not identify an authoritative current investment-firm licence that would justify presenting KonohaFX as a normal regulated broker.

The primary concern is an FCA warning tied to the exact broker name and konohafx.io domain, with matching contact/location details and no independently verified current regulated brokerage entity for the offering. UK users dealing with KonohaFX do not have Financial Ombudsman Service or Financial Services Compensation Scheme protection through FCA authorisation. We did not identify an authoritative current investment-firm licence that would justify presenting KonohaFX as a normal regulated broker.

No KonohaFX promotion is treated as positive value because the FCA lists KonohaFX / konohafx.io as an unauthorised firm. Commercial offers do not offset the lack of verified authorisation.

The key fact is not a marketing feature but the regulatory record: The FCA warning names KonohaFX, lists konohafx.io, gives 36 Aigyptou Avenue, Larnaca, Cyprus 6030 and states that the firm is not authorised by the FCA and may be targeting UK consumers.

The konohafx.io domain was created in 2022 and KonohaFX entered our legacy broker inventory soon afterwards. The website remained online and searchable in August 2026, advertising forex, stocks and crypto among 200+ assets, although direct access can be restricted. A live website and a Cyprus address do not resolve the FCA warning or establish a regulated investment-firm identity.

We would not treat KonohaFX as a normal trusted regulated-broker recommendation. The FCA warning names KonohaFX, lists konohafx.io, gives 36 Aigyptou Avenue, Larnaca, Cyprus 6030 and states that the firm is not authorised by the FCA and may be targeting UK consumers. UK users dealing with KonohaFX do not have Financial Ombudsman Service or Financial Services Compensation Scheme protection through FCA authorisation. We did not identify an authoritative current investment-firm licence that would justify presenting KonohaFX as a normal regulated broker.

No recognised current broker licence for the reviewed operation was verified.

No credible current 2026 award with an independent issuer/date was verified.

Historically KonohaFX marketed online leveraged or speculative trading services. We could not verify a current regulated offering for KonohaFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

The current site lists 36 Aigyptou Avenue, Larnaca 6030, Cyprus, Australia +61 8 6245 9638 and UK +44 20 3026 5351. Support chat is advertised Monday–Friday 07:00–14:00 GMT and phone support 09:00–13:00 GMT. These contact details do not change the FCA warning.

KonohaFX currently claims an address at 36 Aigyptou Avenue, Larnaca 6030, Cyprus; the FCA warning also records that address. It is not treated as proof of Cyprus investment-firm authorisation.

Support quality should be judged by KYC, payment and complaint handling rather than sales responsiveness.

The site contains trading information, but no independently accredited education programme from an authorised entity was verified.

KonohaFX’s own risk disclosure says it is the counterparty to every CFD and determines its prices. That is a principal/market-maker model, not a pure ECN/STP agency model; the FCA unauthorised-firm warning materially increases the counterparty concern.

No Belgian account opening is allowed. No Belgian/EEA authorisation was verified, and the FCA warning says KonohaFX is unauthorised in the UK and customers would not have FOS or FSCS protection.

We do not identify a normal target customer for KonohaFX while this warning/status remains unresolved. Users looking for forex or CFD access should prefer a broker whose exact legal entity and permissions can be verified on the regulator's live register.

Anyone who needs regulated client-money protection, a formal complaints route or compensation-scheme eligibility should avoid relying on this historical profile. UK users dealing with KonohaFX do not have Financial Ombudsman Service or Financial Services Compensation Scheme protection through FCA authorisation. We did not identify an authoritative current investment-firm licence that would justify presenting KonohaFX as a normal regulated broker.

Do not use coupon codes, deposit bonuses or referral offers as a reason to send funds. We could not verify a current regulated offering for KonohaFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

The current marketing site publishes CFD/forex margin tables; major forex pairs show 0.5% margin, equivalent to 1:200 leverage, with market-specific spreads. These are commercial terms from an FCA-warned operation, not regulated-account protections.

We do not provide account-opening instructions for this profile because of the current warning/status. Verify any firm independently with the relevant regulator before sending identification documents or money.

A demo environment, if one exists, does not establish that the underlying firm is authorised. We therefore do not treat demo availability as a safety signal.

This is not a prop-firm challenge review. Historical 'trading objectives' are not relevant to the core issue, which is whether the firm and legal entity are currently authorised and verifiable.

The FCA explicitly states that customers dealing with KonohaFX would not have access to the UK Financial Ombudsman Service or FSCS. No alternative investor-compensation protection was verified to publication standard for the exact operation.

Do not upload identity documents to an unverified domain or contact. If a firm requests KYC documents, first verify the exact legal entity and website against the regulator's register or warning notice.

The withdrawal policy requires KYC, states an average 7–10 working-day processing period, and gives a Bitcoin withdrawal minimum equivalent to USD 250. It also describes a refund fee of 1% with minimum 30 and maximum 300 in USD/GBP/EUR. The FCA warning remains the overriding risk fact.

Do not send new funds based on old funding instructions or account-manager messages. Verify the firm first; bank, card, crypto and e-wallet transfers can have very different recovery rights.

Any historical minimum-deposit figure is intentionally not repeated as a current fact. We could not verify a current regulated offering for KonohaFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

Current withdrawal channels could not be verified to our publication standard. If money is already on the platform, document every withdrawal request and avoid paying additional 'tax', 'unlock', 'verification' or 'release' fees without independent legal/regulatory confirmation.

If you already have funds with KonohaFX, submit any available withdrawal request through the account interface, save screenshots and correspondence, and escalate promptly to your bank/card issuer and the relevant regulator if funds are withheld. Do not send additional money merely to release a withdrawal.

We cannot verify reliable current payout performance. UK users dealing with KonohaFX do not have Financial Ombudsman Service or Financial Services Compensation Scheme protection through FCA authorisation. We did not identify an authoritative current investment-firm licence that would justify presenting KonohaFX as a normal regulated broker.

Published spreads vary by instrument and can widen. The risk disclosure says KonohaFX determines CFD prices as counterparty, so users should evaluate spread, financing and counterparty risk together rather than assuming agency-market pricing.

Historical market lists are not repeated as current because the underlying operating status/authorisation is the more important issue. We could not verify a current regulated offering for KonohaFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

The current site markets web-based leveraged CFD/forex trading. No regulator-verified MT4/MT5, copy-trading, MAM or PAMM entitlement from an authorised entity was established in this audit.

Historical instrument claims are not presented as current. We could not verify a current regulated offering for KonohaFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.

We do not publish historical server names as current connection instructions for a warning-status profile.

Current supported base currencies could not be independently verified and are not material to the safety conclusion.

Do not infer safety from the availability of cryptocurrency trading or crypto deposits. Crypto transfers can be especially difficult to reverse, so regulatory verification should come before funding.

Any historical leverage figure is intentionally not repeated as a current offer. High leverage materially increases loss risk and, for a warning-status firm, does not compensate for missing or adverse regulatory protection.

We do not provide instructions for increasing leverage on a warning-status profile. If you already have an account, reducing exposure and confirming withdrawal rights is more important than increasing leverage.

Historical spread claims are not presented as current because they cannot be independently verified to our standard. Very low advertised spreads should never be used as a substitute for checking authorisation and client-money protection.

We could not verify a current MAM/PAMM service that should be relied on. Managed-account claims add custody and discretionary-management risk and require especially careful regulatory verification.

Expert Advisor support, if historically offered, is not relevant to the current safety assessment and was not verified as a current feature.

Copy-trading availability does not establish regulatory status. We did not verify a current copy-trading service that should be relied on for a new account.