Search

Kraemforex Forex Broker provides real users with 1 positive reviews, 2 neutral reviews and 4 exposure review!

Kraemforex Broker Review

1.42

WikiFX monitor

Business

Influence E

License

No license

Kraemforex Review 7

Latest All(7) Positive(1) Neutral(2) Exposure(4)
Neutral
Kraemforex: Trade with $500, 1:500 Leverage, and Diverse Assets on MT5

Hey, Kraemforex is pretty cool for trading! You can start with just $500, and they give you this awesome 1:500 leverage. There's a bunch of stuff you can trade – forex, metals, commodities, and CFDs. They even have Standard and VIP accounts, plus a demo to practice. The MetaTrader5 platform is smooth, and they accept various payment options.

Nelsonon
2023-12-08
Positive
Kraemforex: Positive Trading Experience with Demo Account & Versatile Asset Options

Kraemforex has been a pretty good experience for me so far. I appreciate the fact that they offer a demo account, which allowed me to practice and get comfortable with their platform before investing real money. The $500 minimum deposit was reasonable for me, and the leverage of up to 1:500 is great for amplifying my gains. I also like the wide range of assets available for trading, including forex, precious metals, commodities, and CFDs. The MetaTrader5 platform is excellent and suits my trading style perfectly. Overall, I'm happy with my trading journey at Kraemforex.

FX1512874380
2023-07-19
Neutral
Kraemforex: Unregulated Broker with Obscured Spreads & Withdrawal Uncertainties

I'm a bit skeptical about Kraemforex due to their lack of valid regulation. It's crucial for me to feel secure with a broker, and the fact that they're not regulated raises some red flags. Also, they don't disclose their spreads, which makes it challenging to assess the true cost of trading with them. The withdrawal process is not clear either, and I'd like to know how long it takes and if there are any fees involved. I wish they had more transparent information. And while the MetaTrader5 platform is excellent, their customer support is limited to email only, which can be frustrating when you need immediate assistance. I'd advise being cautious and considering other regulated brokers before deciding on Kraemforex.

Claire Wong
2023-07-19
Exposure
Can’t withdraw, fake trading account, big scam!

I had deposited $2000 and able to withdraw $500 at first, then I deposited $10k and Chen doubled my account within 2 weeks, but when I asked to withdraw, the platform made up many excuses to delay the withdrawal, then finally showed up the funds has taken out but I have never received the funds and they just simple ignored me. I found out they just transferred my funds when I made the deposit, the account was never traded. It was a fake account. Now they open a new channel and repeat scamming!

FX1163827571
2022-06-16
Exposure
More scam to deposit but can't withdraw

After the original complaint

FX3588410660
2022-05-05
Exposure
Can't withdraw money. You have to deposit 5000 usd.

These people will be in forex trading groups on various social media. The first message through Facebook is like getting to know each other. And talking about trading I will teach you how to trade to make huge profits. It is recommended to open an account with Kraemfx and deposit $10,000 first, but we didn't have enough money to top up, so only added $579.55 to trade. It was recommended to go to the bank for a loan, borrow a friend to top up, we used our savings to top up to $1,741.18, but I wanted to use that amount. So I want to withdraw the amount. It seems impossible to withdraw. Talk to the service department. A deposit of $5,000 was required to withdraw, and I was immediately suspicious. Most brokers earn the full amount, so check the page. As it turns out, there is no secondary certificate. I want this money because it's my savings. Please consider and help me. Thanks.

FX3588410660
2022-05-05
Exposure
Said that the account was subject to money laundering and had to pay extra fees to withdraw.

That is, at first, I transferred money but did not trade that day and when I withdrew it, they told me not to withdraw money. Later, it said that my account is in the scope of money laundering so I had to pay 50% to be able to withdraw and I was able to deposit money normally. At that time, I had $3117.79 in my account and I had to pay half which is $1558.89 or about 55,000 baht. I already paid through my bank account. It is considered high-risk money laundering and I have to pay another 200% of the capital.

FX1777529477
2022-03-14
Kraemforex review