Klips Forex Broker

Klips Review SummaryFounded2014Registered Country/RegionCyprusRegulationCySEC, FSCAMarket InstrumentsCurrencies, commodities, indices, sharesDemo Account✅Leverage/Spread/Trading PlatformKlips appMin Deposit/Customer SupportContact formSocial media: X, Facebook, Instagram, YouTube, LinkedinAddress: Chrysanthou Milona 1, Panagides Court, Floor 6, 3030, Limassol, CyprusRegional RestrictionsUSA, Iran, Canada, UK Klips, established in 2014 and headquartered in Cyprus, is a regulated financial services provider. It offers diverse tradable instruments such as currencies, commodities, indices, and shares with its mobile application. However, the company faces limitations in providing detailed information on accounts and trading conditions.Pros and ConsPros Cons Regulated by CySEC and FSCALimited info on trading conditionsA wide range of trading productsNo MT4/5Demo accounts availableLimited payment optionsNo commissionsRegional restrictionsIs Klips Legit? Yes, Klips is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA).Regulated CountryCurrent statusRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulated The Cyprus Securities and Exchange Commission (CySEC)Klips CY LtdMarket Making (MM)434/23Regulated The Financial Sector Conduct Authority (FSCA)KLIPS SA (PTY) LTDRetail Forex License47742What Can I Trade on Klips? On Klips, you can trade with currencies, commodities, indices, and shares.Tradable Instruments Supported Forex✔Commodities✔Indices✔Shares✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Spread and Commission Klips does not impose any commission fees, which is advantageous. Nevertheless, there is a scarcity of details regarding other trading conditions.Trading PlatformTrading PlatformSupported Available Devices Suitable for Klips app✔App Store, Google Play, AppGallery/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal You have the option to top up your Klips account with fiat currency using your credit card. Alternatively, you can select a different payment method from the options provided once you click on the “Deposit” button.