Kanyon Trading SCS claims that it has been operating on the market since 2015, has more than 100 thousand active clients, and is headquartered in Vienna, Austria. Meanwhile, the user agreement states that in case of disputes between the company and clients, Vanuatu law is applied. Please note that the licenses are not listed on the official website. As for the domain, it was created only on January 23, 2025

Is this broker reliable? We will take a detailed look at what trading conditions founders attract their clients with and how safe this project is.

Trading Conditions

Clients can trade exclusively CFD tools and through an ordinary web trader. Kanyon Trading SCS opens access to forex, indices, crypto, and other asset classes. Trading conditions are as follows:

Three types of tariffs with deposits of $150/$1,000/$10,000.
Minimum position volume 0.01 lots.
Leverage from 1:1 to 1:100.

There are no details on important parameters on the website, such as spreads, commissions, etc.‌ In addition, the company provides bonuses to clients as stated in the user agreement.

Probably, there is an Affiliate Program on this platform. However, you can find out about it when registering an account, where there is a “promo code” column.

The broker guarantees deposit protection and 24-hour technical support on weekdays. The site supports two languages.

FAQ

Would investing in Kanyon Trading SCS offer the best returns?

You are more likely to lose all your funds, as the firm has created a template website and offers a dubious trading terminal. Besides, only risky CFD trading and non-transparent trading conditions are available at this broker.

Does Kanyon Trading SCS carry out withdrawals?

Clients report that the company comes up with various reasons to refuse withdrawals. You can also share your experience in the comments below.

May I be scammed on kanyontradingscs.com?

We have seen many signs of fraud. For example, the company operates illegally, it does not have a license and is not registered as a legal entity. Moreover, the project was launched a couple of months ago, although the start is indicated to be in 2015.

What's the best way to share my experience with Kanyon Trading SCS?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Onshore

License: No license

Leverage: 1:100

Broker type: DD

Demo account: No

Affiliate program: Referral

Minimum deposit: 150$

Trading platform: WebTrader

Assets: Forex, CFD

10 reviews about Kanyon Trading SCS

Uno
March 18
Everything here is fake, even the fake email address.
I checked their email because I wanted to contact them to get answers to questions about their legal status and financial statements. However, it turns out that such an email [email protected] does not exist. I mean, it's fake. Of course, I'm not even going to make a phone call. I don't think a legit broker would list fake contacts on their website.
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A. Freeman
March 11
I am absolutely disappointed with this broker!
They promised unbelievable profits, but it's a total deception. I invested 530 USD and made profit, but I can't withdraw all the money. The administration ignores every withdrawal request, and the support team is some kind of answering machine with 2-3 identical phrases. They just repeat the same thing without solving the problem. I got the impression that this company is just handing out promises to bilk customers out of money for as long as possible.
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Maria Smith
March 9
Lack of license, fake address and contacts
An honest and reliable broker will never make up licenses and fake offices. If a company really operates legally, it creates a legal entity, lists its real address, and then obtains licenses and openly publishes their numbers, references and dates of issue. It's as simple as that. And what does KANYON TRADING SCS do? They claim that they work in Austria, but there is no broker with this name!! This company is not listed in Austrian company registries, the legal address is not confirmed, and the mention of Vanuatu offshore jurisdiction is just a copy-paste from other fraudulent projects. In addition, KANYON TRADING SCS is not registered anywhere as a regulated financial institution. They don't have any licenses. This is easy to check: official websites of regulatory bodies are freely available, and this broker is not listed there at all. A legitimate question arises: why lie so brazenly about regulation, contacts and jurisdiction? Can you trust your money to a company that lies about its status from the very beginning? Apparently there are traders who believe in such tricks, otherwise scammers wouldn't use their tricks over and over again. I recommend you: always check brokers, do not take the information on their website at their word. If an office hides its origin and does not have a license, it is 100% a scam, as in the case of KANYON TRADING.
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Gerald Ray
February 27
I would prefer a service with faster updated quotes
I am an active trader and it is crucial for me to have access to timely information and fast technical support. However, when working with this broker, I have experienced significant delays in updates and sometimes immediate support response. This had a big impact on my trading, I lost 300 dollars in a week.
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Mr. Banks
February 25
I am satisfied with the results of the cooperation
I want to share with you that this platform was a great option for me to start in stable trading. I had my doubts about hidden commissions or withdrawal problems, but there was nothing like that with KANYON TRADING SCS. Trading conditions here are comfortable, there are no intrusive calls from managers or attempts to convince me to deposit a larger amount, get a bonus or activate an additional service. Fast withdrawal of funds is something that I was particularly pleased with at kanyontradingscs.com. After making my first good amount of profit, I decided to test a withdrawal and the money arrived in just 6 hours, which is very fast by industry standards.
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M. Patterson
February 25
Scammers draw charts and steal money from their clients
My trading history on this site is a classic cheating scheme that shows you what not to do in the forex market. It seemed to me at first that everything was fine at KANYON TRADING: standard conditions, spreads of 2-3 pips, usual terminal, nothing suspicious. None of the “analysts” even contacted me, did not impose trades or bonuses - they sat quietly waiting for me to start withdrawing my money. I just traded without expecting a trick, but soon something inexplicable started to happen. Each of my trades turned out to be in red, and trading went as if according to a script written by someone: I set a stop-loss, and the price of the asset immediately falls and knocks it down to a certain point. I had the feeling that the charts on kanyontradingscs.com were not real, but drawn. The manipulations were obvious: as soon as the market started to move slightly against my position, there was a sharp jump to my stop-loss, it was systematic, without exception. When I was on the verge of bankruptcy, the climax came. Suddenly the chart went in the opposite direction and all my money just disappeared. Would you say it was an accident? No, it was clearly a set up. It's obvious that KANYON TRADING is playing against its clients, grabbing their deposits using fake quotes and terminal manipulation. This is not trading - it is pure deception. And what is the result? The scammers did not even try to explain themselves to me. There are no calls, no technical support, but only complete disregard for the client. I lost 90% of my capital due to the broker's fault. Now I understand that this is a classic forex scam, when clients' money is simply redistributed in favor of scammers. No legitimate broker does not work according to such schemes.
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Karen
February 20
I feel cheated and deeply disappointed by the unprofessionalism of the broker's team
I am a novice trader and chose forex broker Kanyon because of the promise of easy profits. However, I soon discovered that this platform is full of technical glitches. When I tried to buy the EUR/USDT pair, the system froze and my trade was executed at a much lower price, resulting in a loss of €1,340! I would like to point out that Kanyon's support team was slow to respond and the staff refused to admit fault for technical errors.
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Richard Williams
February 12
You can trade here with a profit
The best part about trading is that you can get started with a new brokerage firm. I recommend Kanyon Trading, as I haven't noticed ‌any particular shortcomings with this company. I will note that this service is transparent and verified. This broker is not engaged in fraud, this is 100%, otherwise I would have written another review 😂 The only thing that is unclear is the situation with the license, but that's not critical. The broker shows that this platform works openly and more importantly it is profitable and the managers will help you to make money on kanyontradingscs.com.
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Luis
February 6
The withdraw button does not work
I've tried several times to withdraw but no luck - the system won't let me apply for a withdrawal. Good thing I invested the minimum amount, only $150.
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Derek
February 4
A feeling of complete disinterest in my success
I chose this company as a novice trader, relying on their promises of support. Instead of helping me understand my first trades, the advisors only suggested that I increase my deposit amount, promising that I would then be able to earn profits easily. I followed these instructions and when I lost my entire deposit of $2,700 due to misunderstanding of margin and leverage, there was no real help from the team of this pseudo broker.
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