Company profile
Kite ForexReview SummaryFounded2021Registered Country/RegionAustraliaRegulationNot regulatedMarket InstrumentsForex, Metals, Energies and IndicesDemo Account✅LeverageUp to 1:400SpreadFrom 3 pips (Mini account)Trading PlatformMT5, Multi TerminalMin Deposit$10Customer SupportPhone: support@kiteforex.comSkype: support@kiteforexPhone: +1 7252570245Address: KiteForex Ground Floor 60,Hindmarsh Square Adelaide, SA 5000, Australia Kite Forex was registered in Australia in 2021. It provides various trading assets, including Forex, Metals, Energies and Indices with leverage up to 1:400 and from up to 3 pips on the Mini account via the MT5 and Multi Terminal platforms. However, currently it is not regulated.Pros and ConsPros Cons Various trading assetsWide spreadsDemo accounts offeredNot regulatedPopular trading platform MT5Lack of transparencyLow minimum depositIs Kite Forex Legit? Kite Forex is not regulated by any financial authorities. It means that it doesn't need to obey the rules of any regulations. Traders should be cautious when trading.What Can I Trade on Kite Forex?Tradable Instruments Supported Forex✔Metals✔Energies ✔Indices✔Cryptos ❌Stocks❌Options❌Account Type Kite Forex offers four account types: Mini, Premium, ECN Pro and ECN Pro+Commission, and it also offers demo accounts.Account TypeMin DepositMini$10-$1000Premium$5000+ECN Pro$1000+ECN Pro+Commission$1000+Leverage Kite Forex's maximum leverage is up to 1:400 for the Mini account. And the other accounts hold the same maximum leverage of 1:200. Note that high leverage can bring high gains and losses.Spreads and Commissions The spread of Kite Forex varies by the accounts. The Mini account's spread is from up to 3 pips, the Premium account is from up to 2 pip, the ECN Pro and ECN Pro+Commission accounts are from up to 1 pip. Besides, only the ECN Pro+Commission account needs a commission of $8/lot, while other account types are free of commission.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4❌/BeginnersMT5✔Windows, Android and IOSExperienced tradersMulti Terminal✔WebExperienced tradersDeposit and WithdrawalPayment MethodFeeProcessing Time Neteller❌InstantSkrillWebMoneyPerfect MoneyVisa and MaestroBank Wire Transfer1 business dayLocal TransferLocal Transfers For DUBAI, UAE, ASIA, EUROPE
Is Kite Forex safe or scam
FX2732170097
India
The KiteForex Brokers Review is a great website that provided me with insightful information about Forex Trading by incorporating a list of the top brokers in the world, it gave me an idea of where i should make trades. The use of Forex Education is fantastic as it helped me gain a better understanding of various aspects related to the Forex Trading, which allowed me to make my decision of which broker to trade with. I highly recommend using this website.
Positive
2024-09-17