Kanyon Trading SCS

Key Points

Kanyon Trading SCS stands accused of fraudulent practices that threaten the financial security of its clients. At the heart of the controversy is its alleged use of fraudulent Digital Millennium Copyright Act (DMCA) notices to silence critics and erase negative reviews, a tactic that suggests a deliberate effort to conceal wrongdoing. Operating without verifiable regulatory licenses, the company leverages the lax oversight of Vanuatu’s jurisdiction to evade accountability. Traders report harrowing experiences, from blocked accounts to inaccessible funds, painting a picture of a platform designed to profit at the expense of its users. The company’s reputation is tarnished by a flood of negative feedback, with sparse positive reviews widely suspected to be fabricated. Despite claiming a decade of operation since 2015, evidence reveals its domain was registered in January 2025, undermining its credibility. While no lawsuits have surfaced, the company’s unregulated status and questionable legal tactics heighten the risk of future legal entanglements.

Overview

Kanyon Trading SCS presents itself as a European-based Contract for Difference (CFD) trading platform, promising access to a diverse array of assets, including forex, cryptocurrencies, indices, and metals. Its sleek website, kanyontradingscs.com, touts a user-friendly WebTrader interface, catering to traders with account types requiring deposits ranging from $150 to over $10,000. The company claims to serve over 100,000 active clients, manage a capital base exceeding $270 million, and have operated since 2015, positioning itself as a trusted player in the financial markets. It emphasizes cryptocurrency integration, accepting payments in Bitcoin, USDT, and USDC, and boasts institutional liquidity for seamless trading. Registered in Luxembourg as a Société en Commandite Simple (SCS) with a Legal Entity Identifier issued in November 2022, the company lists a legitimate address at 1B Rue Jean Piret, L-2350. Yet, its claims of an Austrian headquarters remain unverified, and its user agreement’s reliance on Vanuatu law for dispute resolution casts doubt on its transparency and operational integrity.

Allegations and Concerns

The allegations against Kanyon Trading SCS are both serious and multifaceted, painting a picture of a company engaged in systematic deception. The most damning accusation, as reported by cybercriminal.com, is its involvement in a Fake DMCA Takedown Scam, where the company allegedly files fraudulent copyright notices to remove critical articles and reviews from the internet. This tactic not only suppresses legitimate criticism but also suggests a concerted effort to manipulate its public image. Further scrutiny reveals that Kanyon Trading SCS operates without any regulatory licenses from reputable financial authorities, such as the Financial Conduct Authority, Australian Securities and Investments Commission, or Cyprus Securities and Exchange Commission. It is absent from Austrian and Luxembourg financial registries as a regulated broker, and its use of Vanuatu as a legal jurisdiction aligns with patterns seen in offshore scams. The company’s legal details are equally troubling, with an unverified Vienna address and contact information—emails and phone numbers—that clients report as unresponsive. Traders have also raised concerns about market manipulation, describing suspicious price movements that appear designed to trigger stop-loss orders, hinting at a B-Book model where the broker profits directly from client losses. Most alarmingly, numerous clients report that withdrawal requests are ignored, accounts are frozen, or funds become inaccessible, suggesting a platform engineered to trap investor capital.

Customer Feedback

The experiences of Kanyon Trading SCS’s clients offer a stark warning to prospective traders. Many describe devastating financial losses and a platform that seems rigged against them. One trader recounted investing $500, only to find their account blocked when attempting to withdraw funds, leaving them with no recourse. Another described trades consistently failing due to sudden price drops that targeted stop-loss orders, leading them to suspect that the platform’s charts were manipulated to ensure losses. Customer support, often a lifeline for traders, is frequently described as unresponsive, with inquiries ignored or met with indefinite delays. One reviewer, who lost $300 in a single week, labeled the platform a “classic cheating scheme,” citing technical glitches and a lack of support as evidence of foul play. In contrast, a few positive reviews praise the platform’s ease of use and trading conditions, with one user claiming withdrawals were processed in just six hours, a speed they deemed exceptional. Another highlighted competitive spreads of 1-2 pips on major currency pairs, suggesting favorable conditions for forex trading. However, these positive accounts are rare, lack specific details, and are overshadowed by suspicions of fabrication, particularly in light of the company’s alleged DMCA scam, which casts doubt on the authenticity of any favorable feedback.

Risk Considerations

Engaging with Kanyon Trading SCS carries profound risks that span financial, reputational, legal, and operational domains. Financially, the platform poses a severe threat to investors’ capital, with widespread reports of blocked withdrawals and frozen accounts suggesting a high likelihood of total loss. Hidden fees, including undisclosed commissions and spreads, may further erode profits, with terms often revealed only after funds are committed. The suspected B-Book model creates a conflict of interest, as the broker’s profits are tied to client losses. Reputationally, associating with a platform accused of fraud could tarnish a trader’s credibility, particularly as the company’s reliance on fake reviews and DMCA takedowns undermines its trustworthiness. Legally, the absence of regulatory oversight leaves clients vulnerable, with no clear avenue for recourse in disputes. The offshore Vanuatu jurisdiction complicates legal action, and the misuse of DMCA notices could expose the company to cybercrime violations, adding to the legal uncertainty. Operationally, the platform’s reliability is questionable, with reports of manipulated charts and technical delays creating an unstable trading environment. The company’s payment processor, Unicorn Group, lacks a verifiable track record, further heightening the risk of financial mismanagement.

Business Relations and Associations

Kanyon Trading SCS’s business relationships offer little reassurance and, in fact, deepen concerns about its legitimacy. The company relies on Unicorn Group, a Swiss-based payment processor, to handle transactions, but this entity has no established reputation, and its domain was registered in 2024, suggesting it may be a shell company created to support the broker’s operations. Kanyon Trading SCS also claims partnerships with prominent cryptocurrency exchanges, including Binance, Bybit, Coinbase, and Blockchain.com, but these relationships are unverified, as none of these exchanges acknowledge any connection on their official platforms. This discrepancy points to false marketing designed to bolster the company’s credibility. Perhaps most concerning is the complete absence of information about the company’s leadership. No CEO, founders, or key personnel are named, a significant red flag for a purported financial institution, as transparency about management is a hallmark of legitimate brokers.

Legal and Financial Concerns

As of May 2025, no lawsuits against Kanyon Trading SCS have been publicly documented, likely due to its recent establishment and offshore status, which make legal action difficult for affected clients. However, the company’s practices raise significant legal concerns. Its high leverage offering of 1:100 violates European Union regulations under MiFID II, which cap retail trader leverage at 1:50, confirming its unregulated status. There are no records of bankruptcy or unpaid debts, but the company’s lack of financial transparency suggests