General Information & Regulation
Kitco Markets LLC (Kitco Markets) is a company registered in (SVG and is an international company under number 595LLC2020), offering investors access to over 2,000 financial instruments and 24/7 customer service. There is no regulatory laws shown on the Kitco Markets official website.
Market Instruments
Kitco Markets says that it offers traders 232 financial tradable instruments, including Forex pairs, indices, commodities, energy, stock CFDs, bonds, metals, etc.
Minimum Deposit
Kitco Markets offers two trading accounts: Standard and Raw Spread accounts. The minimum initial deposit to start a basic or a standard account is $200, seemingly in line with the industry standards.
Kitco Markets Leverage
The maximum trading leverage offered by Kitco Markets is relatively high, reaching up to 1:500. As marign trading is full of risks, it is important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
The minimum spread is 1 pip for EURUSD, 2 pips for AUDUSD, 1 pip for GBPUSD, and 2.5 pips for XAUUSD. No trading commission is charged for trades in the Standard Account. The raw spread account is subject to a commission of 5 USD (round turn) per lot.
Trading Platforms
Kitco Markets provides traders with various trading tools, mainly MAM multi-terminal trading software, web-based trading platform, mobile trading platform, and Apple system trading platform.
Deposit & Withdrawal
Kitco Markets supports investors with a variety of convenient deposit and withdrawal methods, mainly Visa, MasterCard, wire transfer, PayPal, Skrill, Neteller, Trustly, MyBank, Blik, GiroPay, etc.
