Karios Markets Forex Broker

Karios MarketsReview Summary Founded2023 Registered Country/RegionComoros RegulationNo regulation Market InstrumentsForex, metals, shares, indices, commodities, cryptocurrencies Demo Account✅ LeverageUp to 1:500 SpreadFrom 1.5 pips (Standard account) Trading PlatformMT5 Minimum Deposit$3 Copy & Social Trading✅ Customer SupportContact form Tel: +44 7380 397019 Whatsapp: +65 8397 8842 Email: support@kariosmarkets.com Social media: Instagram, YouTube, Twitter Address: Bonovo Road, Fomboni, Island of Moheli, Comoros Union Karios Markets was registered in 2023 in Comoros, specializing in forex, metals, shares, indices, commodities, and cryptocurrencies trading. It provides four types of accounts, with a minimum deposit of $3 and a maximum leverage of 1:500. Besides, it also offers a social trading platform. However, it should be noted that Karios Markets is not regulated, and potential risks cannot be ignored.Pros and Cons Pros Cons Low minimum depositLack of regulation MT5 supported Multiple channels for customer support Diverse tradable assets Social/Copy trading provided Demo accounts and Islamic accountsIs Karios Markets Legit? No, Karios Markets is not regulated by financial regulatory authorities in Comoros, which means this company lacks regulation from its registration site. Please note the potential risks!What Can I Trade on Karios Markets? Karios Markets provides several types of products, including forex, metals, shares, indices, commodities, and cryptocurrencies. Tradable Instruments Supported Forex✔ Metals✔ Commodities✔ Indices✔ Shares✔ Cryptocurrencies✔ Bonds❌ Options❌ ETFs❌Account Type & Fees Karios Markets offers four types of accounts: Cent, Standard, Pro, and ECN Account. Besides, a demo account and Islamic Account are also available. Account TypeMinimum DepositMaximum LeverageSpreadCommission Cent Account$31:500From 2 pips❌ Standard Account$501:500From 1.5 pips❌ Pro Account$5001:500From 0.8 pips❌ ECN Account$5,0001:500From 0 pip/Leverage The leverage can be up to 1:500, which is not low. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.Trading Platform Karios Markets uses MT5 as its trading platform, which is a commonly used platform and is suitable for experienced traders. Trading PlatformSupported Available Devices Suitable for MT5✔PC, web, mobile, macExperienced traders MT4❌/BeginnersCopy & Social Trading Karios Markets provides a copy trading platform, where clients can follow top traders and learn from their strategies. Besides, everyone can share their trading experiences and discuss with others on this platform.Deposit and Withdrawal Karios Markets claims that deposit and withdrawal are instant, and it acceptes several types of payment options including Globe pay, Pay Trust, SPE, VISA, Skrill, Neteller, and Plus Wallets. However, it does not reveal other details such as the processing time, accepted currencies, and fees.