Kinesis foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://kms.kinesis.money/signup, about the company's legal and temporary regulatory information, the company's address .
Kinesis Forex Broker
Basic Information
United Kingdom
2-5 years Suspicious Regulatory License High potential riskCompany profile
Rating Index
Kinesis Forex Broker - Complete Information Guide
1. Broker Overview
Kinesis Money, established in 2018, operates as a unique platform in the financial sector, primarily focusing on digital currencies backed by physical precious metals. The company is headquartered in the Cayman Islands, with its main office located at 36a Dr. Roys Drive, Grand Cayman, Cayman Islands, KY1-1104. Kinesis is a privately held company, emphasizing its commitment to providing innovative financial solutions without the pressures of public ownership.
Kinesis targets a diverse clientele, including retail and institutional investors interested in precious metals trading and cryptocurrency investments. The company has garnered attention for its innovative approach, merging traditional precious metal investments with blockchain technology. Over the years, Kinesis has achieved significant milestones, including the launch of its digital currency system, which allows users to trade Kinesis Gold (KAU) and Kinesis Silver (KAG), both of which are securely backed by physical metals stored in insured vaults.
The business model of Kinesis revolves around providing a digital trading platform that facilitates the buying, selling, and management of precious metals and cryptocurrencies. This model not only enhances accessibility for users but also integrates a unique yield system that rewards economic activity, making it a compelling option for investors looking to diversify their portfolios.
2. Regulatory and Compliance Information
Kinesis operates in an unregulated environment, which is a significant aspect that potential investors should consider. The company currently does not hold any valid regulatory licenses from recognized financial authorities. This lack of regulation poses potential risks, as there is no oversight to ensure the protection of investor funds or the integrity of the platform.
The company has been transparent about its operational status, indicating that it adheres to certain compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These measures are designed to enhance the security of transactions and protect against fraudulent activities. However, the absence of a regulatory framework means that there are no investor compensation schemes or guarantees in place to safeguard client funds.
Kinesis does not provide information on regulatory numbers or licenses, as it operates outside of the jurisdiction of major regulatory bodies. This situation requires potential clients to exercise caution and conduct thorough research before engaging with the broker.
3. Trading Products and Services
Kinesis offers a distinctive range of trading products, primarily focusing on digital currencies tied to physical gold and silver. The platform allows users to trade various currency pairs, although the specifics on the number of forex pairs available are not detailed. The main products include:
- Kinesis Gold (KAU): A digital currency backed by physical gold, with each unit representing a specific weight of gold stored in insured vaults.
- Kinesis Silver (KAG): Similar to KAU, KAG is a digital currency backed by physical silver, allowing for trading and holding of silver in a digital format.
- Kinesis Velocity Token (KVT): This utility token enables holders to earn transaction fees generated within the Kinesis monetary system.
The trading services provided by Kinesis are designed for both retail and institutional clients, offering a user-friendly platform for trading precious metals. However, there is currently no demo account available, which may limit new users' ability to explore the platform's features before committing real funds.
Kinesis continuously seeks to enhance its product offerings, although specific information about the frequency of product updates or the introduction of new trading instruments is not readily available. The company aims to keep its services aligned with market demands, ensuring that clients have access to relevant trading options.
4. Trading Platforms and Technology
Kinesis provides its clients with access to the Kinesis platform and a mobile application designed for trading on the go. The Kinesis platform serves as the central hub for users to manage their investments in precious metals and digital currencies. It features a user-friendly interface, allowing for easy navigation and management of portfolios.
The trading technology is built to support transactions in Kinesis Gold (KAU), Kinesis Silver (KAG), and Kinesis Velocity Token (KVT). The platform is designed for accessibility, catering to both desktop and mobile users. The mobile app extends these capabilities, enabling clients to trade and manage their investments from anywhere.
While Kinesis does not support MetaTrader 4 or 5, it offers proprietary trading solutions that focus on the unique features of its digital currencies. The execution model is not explicitly detailed, but the platform is built to handle transactions efficiently.
Kinesis also provides API access for automated trading, allowing tech-savvy clients to integrate their trading strategies seamlessly into the platform. The company's infrastructure is designed to ensure reliable service, although specific details regarding server locations and technical specifications are not disclosed.
5. Account Types and Trading Conditions
Kinesis offers a variety of account types tailored to meet the needs of different traders. However, specific details regarding minimum deposits, spreads, and commissions are not extensively outlined. The general conditions are as follows:
- Standard Accounts: These accounts typically require a minimum deposit, although the exact amount is not specified. Standard accounts may feature competitive spreads and low commissions, making them accessible for retail traders.
- Advanced Accounts: For more experienced traders, Kinesis may offer advanced account types with enhanced features, although specific details are not provided in the available resources.
- Special Accounts: Options such as Islamic accounts or corporate accounts may be available, but further information is not provided.
- Demo Accounts: Currently, Kinesis does not offer a demo account, which could hinder new users from familiarizing themselves with the platform before trading with real funds.
Leverage options are not explicitly mentioned, and potential clients may need to inquire directly with Kinesis for details on leverage ratios available for different products. The minimum trade size and overnight fees are also not detailed, indicating a need for potential clients to seek further clarification from the broker.
6. Fund Management
Kinesis supports multiple deposit methods, although specific options are not detailed in the available resources. Common methods may include:
- Bank Transfers
- Credit Cards
- E-Wallets
The minimum deposit requirements vary by account type, but exact figures are not provided. Processing times for deposits are also unspecified, leaving potential clients to check directly with Kinesis for this information.
Deposit fees and withdrawal methods are not clearly outlined, indicating that clients should verify these details with the broker. Withdrawal processing times and fees are also not explicitly provided, which is crucial for users who need timely access to their funds.
7. Customer Support and Educational Resources
Kinesis offers a range of customer support channels to assist clients. These include:
- Phone Support: Available at +44 20 3150 0385
- Email Support: Clients can reach out via support@kinesis.money
- Live Chat: Available 24/7 for immediate assistance
- Social Media: Kinesis maintains a presence on platforms like Twitter, Facebook, Instagram, and LinkedIn.
The support team is dedicated to providing timely assistance, although specifics on service hours and time zone coverage are not detailed. Kinesis also offers educational resources, including webinars, tutorials, and market analysis services, to help clients enhance their trading knowledge.
Clients can access daily market analyses, research reports, and trading tools such as calculators and economic calendars. These resources aim to empower traders with the information needed to make informed decisions.
8. Regional Coverage and Restrictions
Kinesis primarily serves markets in the United Kingdom and international clients interested in trading precious metals and cryptocurrencies. However, specific details on regional offices and coverage are not extensively outlined.
Certain countries may be restricted from accessing Kinesis services, although the exact list of excluded regions is not provided. Potential clients should verify their eligibility and any specific restrictions that may apply based on their location.
In summary, Kinesis presents a unique trading platform that combines traditional precious metal investments with modern digital currency solutions. While it offers various products and services, potential clients should be aware of the regulatory environment and seek clarification on specific trading conditions and account features.