KAB Kuwait

Our investigation into KAB Kuwait found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.

Who is KAB Kuwait?

On the surface, KAB Kuwait looks like an ordinary forex and crypto broker. Its public site is presented at https://kabkg.com/. But surface impressions are exactly what these operations rely on — the substance behind KAB Kuwait is where the problems begin.

Is KAB Kuwait regulated?

KAB Kuwait provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.

Red flags we identified

• Account dashboards that show “gains” with no real market exposure
• Aggressive “account managers” coaching clients to deposit
• No credible physical address or verifiable corporate record
• Opaque or anonymous corporate ownership
• Unrealistic profit claims and pressure to deposit more

Our analysis

KAB Kuwait is not a regulated broker even though it states offers that look good to be true. KAB Kuwait claims to be owned and operated by KAB Kuwait Group, a group licensed by the Kuwait Chamber of Commerce and Industry (license number: MM/673/300) and the Capital Markets Authority of Kuwait (license number: AP/2017/004). But please be informed that the above two authorities do not regulate forex. The truth is that KAB Kuwait is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Can you recover money lost to KAB Kuwait?

If you have deposited with KAB Kuwait, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.