KAIFIN foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://clients.kaifintrade.com/register/, about the company's legal and temporary regulatory information, the company's address Richmond Hill Road, P.O. Box 2897, Kingstown, Saint Vincent and the Grenadines.
KAIFIN Forex Broker
Basic information
Finland
2-5 years Suspicious Regulatory License MT5 Full License Global Business High potential riskCompany profile
KAIFIN Information
KAIFIN, created in 2022 and registered in Saint Vincent and the Grenadines, trades forex, metals, energy, and cryptocurrency CFDs. No financial regulators oversee this broker.
Pros and Cons
| Pros | Cons |
| Multiple account types | Unregulated |
| High leverage up to 1:1000 | Limited range of tradable assets (no stocks or indices) |
| No deposit or withdrawal fees | Inactivity fees are undisclosed |
| MetaTrader 5 (MT5) platform supported |
Is KAIFIN Legit?
Not a regulated entity, KAIFIN does not have licences from reputable financial regulatory authorities including the FCA in the UK or ASIC in Australia.
The name kaifintrade.com registered on September 27, 2022, according to WHOIS data, and is scheduled to expire on September 27, 2025. The domain status is “clientTransferProhibited,” which limits illegal transfers but does not add to their legitimacy or regulatory validity.
What Can I Trade on KAIFIN?
KAIFIN offers a range of trading tools, mostly comprising CFDs on currencies pairs, metals, energy, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities (Metals, Energies) | ✔ |
| Crypto | ✔ |
| CFDs | ✔ |
| Indexes | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Types
Four account options are presented by KAIFIN: VIP, Pro, Classic, and No Swap. These accounts cover different trading demands from high-volume professional traders (VIP and Pro) to beginners (Classic) and those looking for swap-free options (No Swap). Every narrative provides access to MT5 and supports FX, commodities, cryptocurrency, energy among other instruments.
Leverage
KAIFIN offers leverage options up to 1:1000, letting traders get market exposure with a lesser investment. High leverage increases the chance of large losses and can boost gains, making risk management crucial.
KAIFIN Fees
KAIFIN's fees seem industry-standard. VIP accounts have 0.0 pips spreads, Pro accounts 0.4 pips, and Classic and No Swap accounts 0.6 pips. VIP accounts pay $2 each lot, Pro accounts $3 per lot, and Classic and No Swap accounts are commission-free.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MT5 | ✔ | Desktop, Mobile (iOS, Android), Web Browser | All levels: Beginner, Intermediate, Advanced |
Deposit and Withdrawal
KAIFIN makes deposits and withdrawals free, making transactions more accessible. Trading with KAIFIN requires a $100 deposit.
Rating Index
KAIFIN No SWAP
KAIFIN CLASSIC
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Latest Reviews
Newmeow
Vietnam
New one, there was a really nice customer service guy, comeptitive spread & leverage as well I wish they were more responsive, the live chat kinda slow
Positive
2023-11-11
zangfeng
United States
I PREVIOUSLY TRADED WITH KAIFIN LLC FOR A WHILE AND OVERALL A GOOD BROKERAGE FIRM. Their platform is easy to use and the trade execution is fast, which I am personally satisfied with. The customer service is also very good and their customer service team is always quick to respond to my questions and help. However, I also have some concerns as their NFA license looks a bit suspicious...
Neutral
2023-03-31
Alessandrar
Cambodia
Been giving Kaifin LLC a shot, and there's a mix of good and not-so-great stuff. I like the low $10 entry point and the option for crazy 1:1000 leverage. Having both MT5 and cTrader is sweet, and they got a nice mix of tradable stuff. But, gotta be real, the whole deal with unclear deposit/withdrawal info and no live chat feels a bit off. Plus, that NFA regulation claim is sketchy – can't find it on the official NFA site. It's a mixed bag, you know?
Neutral
2023-12-06