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WikiFX Score
United States
Comparison
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
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info@kraemvip.com
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VPS Standard
No restriction on the broker account. Provide service support by WikiFX
Single Core
1G
40G
Company Name
Kraemfx Trading Co Ltd
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Customer Service Email Address
info@kraemvip.com
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It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months, please be aware of the risk and the potential scam!
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National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
Current Status:
Suspicious CloneLicense Type:
Common Financial Service LicenseRegulated in Country/Area
Regulatory License No.：
0547159Email Address of Licensed Institution :
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Kraemfx Trading
General Information
Headquartered in London, UK, Kraemfx Trading Co Ltd is a brokerage firm offering a wide range of trading instruments. This company says it has a wide range of clientele, with annual transaction volume of more than hundreds of billions of dollars.
To give its clients an excellent trading atmosphere, Kraemfx Trading offers more than 400 trading products, leverage up to 1:500, as well as 24-hour customer care to solve any trading-related issues.
Market Instruments
Four classes of trading instruments including foreign exchange, crude oil, index available through the brokerage platform. Traders have the freedom to select one of them to use based on the preferences that they have towards trading.
Account Types
Trading accounts are designed for both retail and professional traders, which include Standard accounts and VIP accounts. Obviously, the first account is more suitable for novice traders, with the minimum initial deposit from $500, a little bit high threshold. With standard accounts, you can trade foreign exchange, commodities, precious metals, and CFD products. VIP account holders can enjoy more competitive spreads and lower trading costs.
Leverage
The maximum trading leverage offered by Kraemfx Trading is up to 1:500, which is a generous offering, ideal for professional traders and scalpers as it presents more overall trading flexibility, which directly impacts profitability. However, since leverage can magnify your profits, but it can also cause to fund losses, especially to inexperienced traders. Therefore, it is essential for traders to choose the proper amount based on their risk tolerance.
Spreads & Commissions
Spreads and commissions are determined by trading accounts. With Standard accounts, average spreads conditions are offered, in line with the industry standards. And VIP accounts offer raw spreads as low as 0.0 pips, yet with certain commissions charged.
Trading Platform Available
Kraemfx Trading offers its clients access to the worlds most popular trading platform-MetaTrader 5. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.
Deposit & Withdrawal
Concerning deposit and withdrawal, Kraemfx Trading does not make this part clear. Some common and popular payment options supported by most forex brokers include Wire Transfer, MasterCard, VISA, Maestro, as well as a series of e-wallet processors like Skrill, Neteller, PayPal, and more. One of the most important aspects in determining the trustworthiness of a forex broker is the speed with which funds may be withdrawn.
Customer Support
A broker's ability to provide excellent customer service cannot be understated. As for the contact information, Kraemfx Trading offers clients with any trading-related issues access to its 24 online customer care through its global customer service line: support@karewold.com.
Company registered address: Apartment 1804 55 Upper Ground, London, England, SE1 9EY, United Kingdom.
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You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email：support@wikifx.com；
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error correction, please send the information to:qawikifx@163.com;
Cooperation:kfwikifx@163.com
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
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