Note: For some unknown reason, we cannot open Kale Crypto Investments official site (https://kalecryptoinvestment.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Kale Crypto Investment is allegedly an online forex broker registered in China that claims to offer its clients some tradable assets with leverage up to 1:500, as well as a choice of four different investment plans. As this brokerage's website cannot be accessed, we were unable to obtain further details about its spreads, etc.
As for regulation, it has been verified that Kale Crypto Investment does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.14/10. Please be aware of the risk.
Market Instruments
Kale Crypto Investment advertises that it mainly offers access to three different asset classes in financial markets, covering forex, stocks and cryptocurrencies.
Investment Plans
Kale Crypto Investment claims to offer four types of investment plans, but the only specific information about them is the minimum initial deposit. The amount is extremely high-$500 for the Basic plan, while the other three investment plans have much higher minimum initial capital requirements of $1,000, $5,000 and $10,000 respectively. In comparison, the licensed brokers allow setting up a starter plan with a minimum deposit of $100 or even less.
Leverage
A leverage ratio of up to 1:500 is offered by Kale Crypto Investment, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
Kale Crypto Investment does not provide any trading platform, instead, there are just a few simple charts with current asset prices, as the below screenshot shows. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Kale Crypto Investment only accepts crypto payments of Doge, Litecoin, Ethereum and Bitcoin. The minimum initial deposit requirement is said to be as high as $500, while there is no mention of what the minimum withdrawal amount is.
Fees
Kale Crypto Investment also charges some fees, For example, according to the clauses of the Terms and Conditions, there is a one-off fee of €59, after which it charges 15% of every 10% profit.
Customer Support
Kale Crypto Investment‘s customer support can be reached by telephone: +1 (401) 236 7328, email: kalecryptoinvestment@yahoo.com. You can also follow this broker on social media platforms such as YouTube. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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