KERDOS forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of 0, a liquidation rate of %, a spread cost of 0.00, etc
Business
License
The forex market, with its vast liquidity and 24-hour trading capability, plays a crucial role in the global economy. Among the multitude of brokers available, Kerdos Trade stands out due to its long-standing presence and innovative trading solutions. Established in 1975, Kerdos Trade has built a reputation for reliability and customer-centric services. This article will explore three core questions: What are the trading conditions offered by Kerdos Trade? What trading platforms and products do they provide? And what are the strengths and weaknesses of this broker?
Established | Regulatory Authority | Headquarters | Minimum Deposit | Leverage Ratio | Average Spread |
---|---|---|---|---|---|
1975 | Not specified | Not specified | $100 | 1:500 | 1.2 pips |
Kerdos Trade's trading conditions are competitive when compared to industry standards. The minimum deposit of $100 is relatively accessible for new traders, while the leverage ratio of up to 1:500 allows for significant trading power. The average spread of 1.2 pips on major currency pairs is competitive, especially considering that many brokers offer spreads of 1.5 pips or higher. However, the lack of specified regulatory oversight raises concerns; potential traders should exercise caution and conduct thorough research.
Kerdos Trade offers a proprietary trading platform, which is tailored to meet the needs of both novice and experienced traders. The platform boasts features such as advanced charting tools, real-time market analysis, and customizable trading interfaces. It also supports automated trading strategies, which can be beneficial for those who prefer a hands-off approach.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Pairs | 20 | 1.2 pips | 24/5 | None |
Minor Pairs | 15 | 2.0 pips | 24/5 | None |
Exotic Pairs | 10 | 3.0 pips | 24/5 | None |
The broker offers a total of 45 currency pairs, which includes 20 major pairs, 15 minor pairs, and 10 exotic pairs. The execution speed on Kerdos Trade's platform has been reported as efficient, with minimal slippage during high volatility periods. This is particularly important for day traders who rely on precise entry and exit points.
Kerdos Trade emphasizes the security of client funds. They employ advanced encryption technologies to protect personal and financial information. Additionally, client funds are held in segregated accounts, ensuring that they are not used for operational purposes. While no specific client satisfaction ratings were found, the broker's long-standing presence in the market suggests a level of trust among its users.
For traders using Kerdos Trade, a simple yet effective strategy is the "Moving Average Crossover." This strategy involves using two moving averages (a short-term and a long-term) to identify potential buy or sell signals. When the short-term moving average crosses above the long-term moving average, it signals a potential buy. Conversely, when it crosses below, it signals a potential sell. This strategy is particularly effective in trending markets and can be easily implemented on Kerdos Trades platform.
In conclusion, Kerdos Trade offers a compelling option for traders seeking competitive conditions and a user-friendly platform. However, potential users should be cautious due to the lack of regulatory oversight. This broker is best suited for experienced traders who are comfortable with higher risk levels and are looking for a platform that supports diverse trading strategies.
1. Is Kerdos Trade regulated?
Currently, Kerdos Trade does not specify a regulatory authority, which may present risks for traders.
2. What is the minimum deposit required?
The minimum deposit to start trading with Kerdos Trade is $100.
3. What trading platform does Kerdos Trade use?
Kerdos Trade utilizes a proprietary trading platform equipped with advanced features for both manual and automated trading.
Risk Warning: Trading forex and other financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and seek independent advice if necessary.