Is next-trade.co.ke a scam?

'LIKELY SCAM'
Risk: HIGH

Website Screenshot

Screenshot of next-trade.co.ke

Overview

There are multiple strong indicators of a likely pig-butchering-style scam: the site is only 4 days old yet claims $2.4B in trading volume and 150K active traders, and it falsely claims to be regulated. Hosting is with a high-abuse provider and there is no evidence of verifiable company details.

Why We Think This Is A Scam

Domain only 4 days old but claims $2.4B+ trading volume and 150K+ active traders
False claim of being a 'regulated, multi-asset trading platform' with no verifiable regulatory or company details provided
Hosting on Leaseweb DE, which has high prevalence of abuse/low reputation in scam operations
Generic promises of speed: 'Live in under 3 minutes', no evidence of credible onboarding/KYC

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Registration Info

Registrar:HKL
Registered:2026-05-20

Hosting Info

Provider:Leaseweb Deutschland GmbH
Location:DE

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