what happened to kwakol markets website

@mr_casey - 7 months ago - Forex Brokers

cant help but ask why kwakol markets website seems to have vanished from the internet. When you enter their address www.kwakolmarkets.com you get a blank page as if the broker has shut down. Please give your inputs has anyne else noticed this?

@vickyjoseph - 7 months ago

Disclaimer!!! This is my personal opinion on Kwakol Markets:

Here in Nigeria, the EFCC is going after suspected ponzi scheme operators especially after the CBEX scam that embarassed the nations law enformcement agencies because people accused them of allowing scams to happen under their nose.

Kwakol Markets is not a regulated broker(their ASIC license has expired) but they have been allegedly operating in Nigeria using influencers on social media for marketing and recruiting new traders.

Today i checked and realized Kwakol Markets website has disappeared and they dont have a mobile app listed on google playstore or apple store so there may be no way for traders to withdraw their funds.

In my opinion, i think the kwakol markets website shutdown may not be unconnected with the EFCC clampdown on suspected/alleged ponzi schemes.

Kwakol Markets claim to have an office in Abuja so anyone in abuja can visit their office and share their findings on this thread. Let us know if their office is still open. Their office address as seen online is CONTACT US. Mall 169, Adetokunbo Ademola Crescent, Wuse ll, Abuja, Nigeria. [email protected].