Investigating Kanyon Trading SCS: A Comprehensive Review

The forex trading industry is full of scammers, and one of the latest “sensations” is the brokerage company Kanyon Trading SCS. The claimed 100,000+ clients, billion-dollar turnover, and “best trading conditions” sound impressive, but there is no evidence to support these claims. There are very few genuine reviews online, which does not align with the company’s supposed 10 years of experience. The main question is — can traders actually make money and withdraw their funds here? Or is this just another trap where traders are simply being drained?

General Info

Founded in:
2025
Domain registration date:
2025-01-23
Broker type:
B-book
Types of trading instruments:
forex, stocks, indices, cryptocurrency, commodities, metals
Deposit/withdraw:
credit/debit cards, bank transfers, crypto
Demo account:
Minimum deposit:
$150
Leverage:
1:100
Trading platform:
webtrader
Mobile app:
Additional services:
insurance, deposit protection, personal support

Key Takeaways

  • Illegal broker covering itself with false statistics and made-up facts.
  • Lack of favorable conditions and competitive advantages.
  • Inability to communicate with the company’s employees, as the contacts are fake.
  • Template site with low quality and lack of real evidence of the mentioned facts.

Overview of Kanyon Trading SCS

It is crucial to check a broker before opening an account. That is exactly what we will do in our review. We will find out whether the company truly has the stated years of operation, whether it holds any licenses, and what trading conditions it offers to clients.

Broker History

According to the information provided on its official website, Kanyon Trading SCS started its operations in 2015 and has allegedly been actively working in the European market since 2017. The website also mentions 100,000+ active clients, multi-billion-dollar trading volumes, and partnerships with major exchanges such as Binance and Coinbase. The company claims to have an office in Austria. However, there is no real proof of any of these statements. These are merely the firm’s own claims, unsupported by any evidence.

Kanyontradingscs.com Website

The company’s official website is nothing remarkable — just another generic brokerage template: plenty of promises, facts, and advantages, but no actual proof. The broker calls its platform innovative, but what exactly makes it deserving of such a label? There is not a single explanation. The number of clients and the company’s years in operation are also completely unverified. Kanyon Trading SCS is essentially trying to create the illusion of a large and reputable broker.

Kanyon Trading SCS - website

The website is available in only two languages: Russian and English. Meanwhile, the homepage features a world map with dots on different continents, supposedly hinting at offices in those countries — but where are the actual office addresses?

The only color scheme used is dark. If a user is in a brightly lit environment, they will have to squint to read the necessary information. This choice of colors is clearly a poor one. Kanyon Trading SCS could have hired a professional designer to create a high-quality and user-friendly official website.

Registration Process and Personal Account

The registration process at Kanyon Trading SCS is fairly straightforward. Users are required to provide their details:

  • Name.
  • Phone number.
  • Email.
  • Password.
  • Promocode (if any).

Registration

After entering the required information, the personal account dashboard opens. However, it is suspicious that the company does not send a verification code to either email or phone. This means the security level is extremely low, as anyone can register an account using your details or even log into your personal cabinet without you receiving any notification about it.

In the Kanyon Trading SCS client area, traders have access to all the main operations. For instance, identity verification is available, but it is unclear whether it is mandatory. The issue is that the company has not provided a crucial legal document — the AML & KYC policy. It is important to note that any regulated broker will always require users to complete verification, otherwise, access to services will be restricted. Here, this requirement remains unclear. The firm does not specify whether KYC verification is necessary, raising concerns about its compliance with regulatory requirements. This presents significant risks for traders.

Kanyon Trading SCS - KYC

Judging by the interface of the personal account, the company requires the standard set of documents: proof of identity, proof of address, and billing information.

Apart from verification, users can manage their finances (deposit and withdraw funds), view transactions and trading history, and access the trading platform. Unlike the website, the personal account dashboard offers both light and dark themes and supports over 10 languages. Overall, the Kanyon Trading SCS client area is just as generic and uninspiring as the official website.

Trading Platform

One key issue to highlight is that the Kanyon Trading SCS trading terminal is only available in a web version. We did not find any download links for mobile apps on Android/iOS or desktop versions for computers. This is a serious drawback, as web platforms generally perform worse, while traders rely on speed and precision in order execution. Moreover, desktop terminals usually offer more features and functionality compared to web versions.

Kanyon Trading SCS - platform

A demo account is not available, meaning there is no way to test the platform’s functionality. Based on its appearance, the platform’s features seem to be taken from TradingView, a popular service among traders. As a result, the platform supports technical analysis, indicators, multiple chart types, and timeframes starting from 1 minute. Kanyon Trading SCS also allows the use of limit orders, including stop-losses and take-profits.

The lack of a demo account, mobile/desktop versions, and advanced tools (such as an order book, depth of market, etc.) prevent this platform from being called “innovative”. It is just an ordinary terminal with no real advantages over other platforms.

Contacts

Kanyon Trading SCS provides several ways to communicate with its managers:

  • E-mail — support@kanyontradingscs.com.
  • Phone number — +436 901 027 83 35.

The company lists its legal address as Wiedner Gürtel 13, 1100 Wien, Austria. However, there is no online chat available, which is usually the most convenient way to quickly reach the firm’s representatives. Email responses can take a long time, and not everyone is willing to make phone calls. However, the most glaring sign of fraud at Kanyon Trading SCS lies elsewhere — the provided email address turned out to be non-existent. It seems the company does not want traders to be the ones initiating contact.

Kanyon Trading SCS - fake email

Analysis of Services Offered by Kanyon Trading SCS

Now, let’s examine what the broker offers its clients, whether trading here is profitable, and what red flags can be found in its trading conditions.

Funding and Withdrawal

The official website lists the following deposit and withdrawal methods:

  1. Bank transfers.
  2. Credit/debit cards.
  3. Electronic payment systems: Neteller, Sofort, and Skrill.
  4. Crypto.

However, the information in the personal account tells a different story. Kanyon Trading SCS allows deposits only via credit/debit cards (VISA/MC), while withdrawals can be made not only through cards but also via bank transfer or cryptocurrency. There are no electronic payment systems available anywhere. So what should users trust — the statements on the official website or the actual options in the personal account interface?

There is no dedicated section for financial transactions, even though this is standard practice for any serious and legitimate broker. Traders need to know how they can transfer funds, what fees apply, and what the limits are. Kanyon Trading SCS deliberately hides all this information.

Kanyon Trading SCS Trading Conditions

Traders can choose from three account types: Newbie, With Experience, and Professional. Their differences lie in the minimum deposit and the set of additional services. Essentially, the better the account type, the more favorable the conditions — but it requires a larger investment.

The minimum deposit is $150 for the Newbie account. However, there are no unique features for those just starting their trading journey. Kanyon Trading SCS only provides 1:100 leverage and instant order execution. And where are the educational resources, manager support, and other services that would justify the name of this account type?

Account types

The second package requires a $1,000 deposit. Kanyon Trading SCS offers insurance, but no details are provided — what amount is insured and under what conditions? Additionally, cryptocurrencies and metals are available, which were apparently not included in the previous account type. Other than that, there is nothing new.

The final account type starts at $10,000, which seems completely absurd. However, the additional options are even more questionable: deposit protection and 24/5 personal support. Once again, no details are provided about these services or what they actually entail.

The most concerning part is that commissions and spreads are not specified. These are key trading conditions that clients always check first. How can traders choose a platform that hides such critical parameters? Kanyon Trading SCS merely claims that spreads are “low”, and that’s it.

Unique Features

There are no additional features beyond what was mentioned in the account descriptions. Kanyon Trading SCS simply displays a scrolling ticker with popular asset prices on its homepage — but nothing more.

Is Kanyon Trading SCS Trustworthy and Reliable?

Now, let’s move on to the most crucial aspects of this review: the legal address and licenses. This will ultimately determine whether this company is a scam or not.

Assessing Legitimacy

The company lists its legal address in Austria, but we were unable to find any organization by this name in that country. However, during our search, we discovered that a company named Kanyon Trading SCS does exist in Luxembourg. This seems highly suspicious, leading us to suspect that the creators of the broker in question simply took the name of an unrelated company from Luxembourg and attached a fake Austrian address to it.

Kanyon Trading SCS - Luxemburg

Moreover, there is no licensing information on the website. If this broker were truly legitimate, it would provide details about its regulatory status, but none are present. No European financial authority has this company listed in its registers. This means that Kanyon Trading SCS is operating illegally. The screenshot below shows the results of a check with Austria’s financial regulator, the FMA.

FMA

Established Track Record

If the information on the website is to be believed, Kanyon Trading SCS is a large brokerage company that has been operating in the market since 2015. However, there is no evidence to support this claim, and a domain check tells a completely different story. Their domain, kanyontradingscs.com, was registered on January 23, 2025 — just recently, less than two months ago.

This completely contradicts the company’s alleged 9 years of experience. Any legitimate broker that has been operating since 2015 would have a domain that is at least 9 years old.

Domain

Another major red flag is the domain registrar. The website is registered through Dominet (HK) Limited, and all contact information leads to Hangzhou, China. Why is this suspicious? Because Kanyon Trading SCS claims to be based in Europe, yet its domain is registered in China. This is yet another indication that the Austrian headquarters is a complete fake.

Implications for Traders

The conclusion is obvious: it is an illegal and fraudulent company. Every statement and claim on the broker’s website is nothing but blatant lies and fabrications. They have no license, and their supposed 100,000 clients are pure fiction. Kanyon Trading SCS did not start in 2015 — it was created in 2025. There is absolutely no reason to trust such a newly established pseudo-platform. Investing money here is extremely risky, as the chances of getting scammed are incredibly high.

Strengths and Weaknesses

  • The site supports 2 languages.
  • Fraudsters use someone else’s name for their platform. Kanyon Trading SCS is a company registered in Luxembourg.
  • There is no license to operate. This means illegal brokerage services.
  • Fresh website domain, so the term of operation from 2015 is fake.
  • Secrecy and lack of transparency. Key terms such as commission and spreads are not disclosed.
Do you like Kanyon Trading SCS?
Positive votes 1 Negative votes 6
Emily Thompson
This article is written by: Emily Thompson
Emily Thompson has taken her expertise to the next level by personally mastering the art of trading. This hands-on experience has equipped her with the ability to effortlessly discern between scam brokers and reputable market players, making her a proficient authority in the field.

FAQ

How can I understand if this broker is a scam?

Explore the reviews on our platform and delve into the feedback from customers. The online landscape witnesses the emergence of numerous fraudulent websites daily, enticing individuals with the allure of profits and affluence.

What types of services does Kanyon Trading SCS provide?

In almost all cases, so-called Forex and CFD brokers offer contracts for differences (CFDs). It is a derivative, which means no buying/selling of real assets. However, it also provides an opportunity to cover a wide variety of assets. You should be aware that genuine Forex brokers are rare to come by.

How do I make deals with it?

You need to register on the platform, fund your account, pass verification on kanyontradingscs.com (if necessary), and then buy or sell assets based on their market price. As a rule, high leverage is used for deals.

Will Kanyon Trading SCS protect my funds?

About 72-95% of retail clients lose their entire deposit when trading CFDs. Either way, you can’t lose more than you put in. However, scammers will do everything to make you invest as much as possible and even get into debt.

Is this broker a prime choice for investment?

We would strongly advise you to look for a licensed broker with a good rating instead of Kanyon Trading SCS. Even with an honest broker, trading is by no means a guaranteed or safe investment, such as a bank deposit. Be aware of the risks and always do your research before trading.

2 Reviews about Kanyon Trading SCS

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AsdAsd
1 review
(0.0)
2025, March 20

SCAM ALERT! They created a template-based platform just to trick people out of their money. Do not trust these fraudsters! They run a fake operation and lure in inexperienced traders with false promises. There are very few reviews about kanyon, but soon their website will disappear. Do not invest here!

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Kirot
1 review
(0.0)
2025, March 4

I traded here for two weeks, and the service is absolutely terrible. Thankfully, I only invested $150, so I did not mind losing it. It was not a significant amount for me. But here is the reality: huge spreads of 3–5 pips or more, high commissions that eat into profits, constant delays in order execution, and suspicious price charts that do not match data from other providers. I strongly suspect that Kanyon Trading SCS manipulates price quotes however they see fit. It is a classic scam technique — they are not interested in helping their clients make money. On the contrary, they profit from traders’ losses. I lost my entire deposit under unfair conditions, but I doubt I would have been able to withdraw my funds even if I had made a profit.

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