Kaerm IM Overview
According to public information on the Kaerm IM official website, Kaerm IM is registered as Kaerm IM LTD, with the specific address located at 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 830226 U.S.A. Kaerm IM claims to be headquartered in Tulsa, Oklahoma, providing retail and commercial banking services in the Midwestern and Southwestern United States. It is listed as one of the top 50 financial services companies in the United States and the largest financial services company in Oklahoma. The broker claims to have raised over $3 billion for various significant projects in recent years, currently managing assets exceeding $4 billion for governments and businesses. However, TraderKnows found that the company introduction of this broker is nearly identical to several other companies.
Domain Registration of Kaerm IM
According to whois query results, as of December 4, 2023, the official domain of this broker has only been registered for three months.
Is Kaerm IM legit or a scam? Does Kaerm IM have any regulatory licenses?
Kaerm IM states in the Company Introduction section of its official website that it is regulated by the Financial Crimes Enforcement Network (FinCEN) with an MSB regulatory number of 31000255528484.
However, TraderKnows' verification revealed that Kaerm IM is only a non-member of NFA and is not regulated by NFA. FinCEN's mission is to protect the financial system from illegal use, combat money laundering and related crimes (including terrorism), and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence. It does not regulate financial derivative trading activities.
Kaerm IM's association with Varna Trade, RH Trade, HCapitalForex, Arlington Asset Investment Corp Ltd, Huigu Limited, and several other brokers' websites appears to be highly similar in design, suggesting the use of a template to create multiple websites, possibly to confuse investors under FinCEN and NFA registrations.
Website Template Quality of Kaerm IM
Kaerm IM uses a generic website template. Traderknows revealed that this broker's website template is highly similar to those used by several other companies, such as TNFL FX, HYHLB Group, DEOASIS LIMITED, and SXHJAS GLOBAL LIMITED, indicating a commonality in their website designs.
Employees of Kaerm IM
Traderknows was unable to find any information about the company's team members on public networks.
Trading Software Provided by Kaerm IM
Kaerm IM exclusively provides users with a proprietary web-based trading platform. This trading platform is characterized by highly opaque rules, allowing brokers to engage in irregular activities such as market manipulation, price control, and forced liquidation.
Is Kaerm IM Involved in False Advertisement？
Kaerm IM claims to be a partner of the internationally renowned analysis institution Trading Central, but this information cannot be verified. Thus, Kaerm IM may be involved in false advertising of partnership information.
Online Reputation and Client Complaints:
Suspected Operating Irregularities and Fraud Allegations: Reports suggest that Kaerm IM may be involved in suspicious activities, such as demanding customers to pay taxes and security deposits before withdrawals. Additionally, there have been instances where accounts were frozen. These allegations indicate potential fraudulent behavior by the company, involving irregular demands for additional payments from users to access their funds.
Lack of Transparency and Unclear Licensing: There are serious transparency issues regarding the operations of Kaerm IM. Information about the company's management, actual operational location, and licensing details is extremely limited, making it challenging for external parties to comprehend the true status of the company.
Trading Products Provided by Kaerm IM
According to its official website, the brokerage offers trading services for a variety of financial assets, including forex, stocks, indices, commodities, energy, and precious metals. Additionally, the broker claims to provide users with a base spread as low as 0.
Contact Information
This broker only supports email and lacks other contact methods such as phone and real-time chat.
Website Traffic of Kaerm IM
Kaerm IM's website traffic is relatively low compared to larger brokers, and generally, lower traffic suggests fewer users for the company and a lack of corporate strength.
Conclusion
Kaerm IM is a forex broker engaged in illegal financial activities using false regulatory information. The broker does not disclose critical information about user fund security, corporate employees, etc. The design of the broker's official website is shared with several other companies, indicating the use of the same template. Currently, this broker is marked as a "SCAM" on Traderknows. We advise users to stay away from this platform to avoid personal financial losses.
