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Score

1.25 /10
Danger

KaiaFX

Saint Vincent and the Grenadines

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

License Index 0.00
Business Index 5.01
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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Licenses

No valid regulatory information, please be aware of the risk!

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40G

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Contact number

English

+44 7429928560

Broker Information

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Company Name

KAIAFX ENTERPRISE LLC

Company Abbreviation

KaiaFX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2023-06-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

KaiaFX · Company summary

General Information & Regulation

General Information & Regulation

KaiaFX, a trading name of KAIAFX ENTERPRISE LLC, says it is registered as a financial entity in Saint Vincent and the Grenadines with registration number 1917. It claims to provide its clients with over 1,000 tradable financial instruments with leverage up to 1:100 and floating spreads from 0.0 pips on the MT5 trading platform, as well as a choice of three different live account types. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that KaiaFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.14/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

KaiaFX advertises that it offers access to more than 1,000 available financial instruments, which include forex, stocks, indices, commodities, metals, cryptocurrencies and CFDs.

Market Instruments

Account Types

Apart from demo accounts, KaiaFX claims to offer three types of trading accounts - Standard, Raw Spreads and Pro ECN, with minimum initial deposit requirements of $100, $1,000 and $10,000 respectively.

Account Types
Account Types
Account Types

Leverage

The maximum leverage available at KaiaFX is up to 1:100. 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.

Spreads & Commissions

KaiaFX claims that the spread and commission vary depending on account types. For example, clients on the Standard account can experience spreads from 1 pip, while both the Raw Spreads and Pro ECN account members can enjoy tighter spreads from 0.0 pips. As for commissions, the commission is $1.5, $4 and $3 per lot per side on the Standard, Raw Spreads and Pro ECN accounts respectively.

Trading Platform Available

The platform available for trading at KaiaFX is the industry-standard MeteTrader5. 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.

Trading Platform Available

Deposit & Withdrawal

KaiaFXs website states that the client can deposit through the Tron network (TRC-20) by transferring USDT from his personal cryptocurrency wallet. The minimum initial deposit requirement is said to be $100. There is no deposit fee charged.

Bonuses

KaiaFX claims to offer a $50 welcome bonus on the Standard account. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

Customer Support

KaiaFXs customer support can be reached by telephone: +44 7429928560 (United Kingdom), email: support@kaiafx.com, live chat or send messages online to get in touch. You can also follow this broker on social networks such as Facebook and Instagram. Company address: Beachmont Business Centre, 345, Kingstown.

Risk Warning

Online trading involves significant 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.

User Reviews

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18

Comments

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adres
3-6months
I have liked it a lot since I have been using it for a few months and my operation has been very optimal because its entry into the market is very precise since they manage accounts from 0 pips which have allowed me to take more advantage of the market.
2022-12-14 04:24
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1
nicotrader
3-6months
It is a good broker, when I started they gave me a welcome bonus and it was fully operable, an excellent option 🤩
2022-12-14 03:33
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0
camilu5849
3-6months
I don't know anything about the world of trading, but I'm in copy accounts and I've done super well, everything is legal, everything is legible
2022-12-14 00:56
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2
Fabian 5316
3-6months
The attention has been very good and they are quite fast with the doubts that I have had, it has been the best broker that I have tried so far, highly recommended.
2022-12-14 00:54
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0
santiago1244
3-6months
Excellent customer service, they have super good bonuses for traders, ease and agility to operate, I have had a very good experience working with them.
2022-12-14 00:32
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Cornelio 98
3-6months
Excellent broker Very good service They have good bonuses I recommend it
2022-12-14 00:24
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Jnavarro
3-6months
Easy to use platform, see operations in real time, ECN broker which gives confidence that operations are carried out in the real market, support from your staff at all times, response to concerns and doubts quickly.
2022-12-14 00:09
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2
robercrack
3-6months
This broker is one of the best I've tried in the market, I recommend it blindfolded, its commissions are very good
2022-12-14 00:06
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1
Kepelope
3-6months
It is an excellent broker, I use it to trade and it has a very low spread and commission cost.
2022-12-13 23:52
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3
julian536
3-6months
I really like the effectiveness they have to enter the market, it shows that they have an excellent technological system and very good servers, I recommend them because they are a safe and very effective broker when operating.
2022-12-13 23:52
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Jnavarro
3-6months
Excellent support from your account managers, satisfactory withdrawals, low spreads and bonuses. recommended.
2022-12-13 23:37
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3
Cristian673
3-6months
Hello, in my case I am not a trader, I have only worked with this broker for investment, since they have very interesting services for people who do not know how to trade, it has gone very well for me and I recommend them because they are a broker of which all people They can take part without having to know how to operate directly.
2022-12-13 23:28
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1
Albert 5040
3-6months
This broker has been quite good, it has very good customer service and, above all, low spreads and very good commissions. I really liked the ecosystem in general, I recommend it.
2022-12-13 22:57
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1
SandriRR
3-6months
Hello, because personally I have been able to operate with this broker and its technological services are quite good, the market entries are very precise so it is easier to be able to operate, additionally its customer service is great, since it has a fast service apart from if you need it, they have personalized advisors, this centralizes the information in case of any requirement; Highly recommended!!!
2022-12-13 22:11
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0
3
Mariatrader
3-6months
I have had an excellent experience with the broker, it operates in the real market and its commissions are affordable, and they have good customer service when it comes to solving doubts and questions
2022-12-13 22:10
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0
3
fxganador
3-6months
I like the broker. It is ECN type therefore it allows me to operate directly in the market. Your customer service is really fast! As soon as I have a question, I write them an email and they call me. I fully recommend it. Their spreads and commissions are low
2022-12-13 06:42
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0
1
FX1096098842
more than one year
I must say that the KaiaFX company website provides very little information. But I don't want to waste time contacting their customer support for more details, as I see that they don't have any kind of regulation. Maybe he's a liar. All in all, I would not invest here.
2022-12-02 10:02
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