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KDFX
Saint Vincent and the Grenadines|5-10 years| http://kdfxfund.com/eng.html
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No valid regulatory information, please be aware of the risk!
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40G
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KDFX COMPANY LIMITED
KDFX
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $10,000 |
| Minimum Spread | from 0.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Com 3$ per lot |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $2,000 |
| Minimum Spread | from 0.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $1 |
| Minimum Spread | from 0.6 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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KDFX · Company Summary
General Information & Regulation
KDFX is a trading name of KDFX COMPANY LIMITED, which is registered in St. Vincent and the Grenadines. They say to be licensed by the local Financial Services Authority (FSA). That, however, is misleading as the FSA of St. Vincent and the Grenadines simply does not issue licenses to forex and CFD brokers. so it is unsafe to trade with this broker.
Market Instruments
Tradable instruments available on the KDFX platform include forex currency pairs, stocks, Gold, CFDs.
Minimum Deposit
In terms of minimum initial deposit, for a Standard Account you will have to invest at least 2000 USD, while for a VIP Account the minimum deposit is 10 000 USD. This requirement by KDFX is far too high, especially for this unregulated broker.
Leverage
Leverage of up to 1:1000, as offered by KDFX is basically as high as it can get. It surely fits even the most aggressive trading style, but our advise is to use leverage with caution as it is associated with higher risk
Spreads & Commissions
Spreads as advertised on the KDFX website seem quite attractive. Even with their Mini Account spreads are said to start at just 0,6 pips, without a commission on the trade. With the Standard Account spreads are even better – starting form 0,3 pips, again without a commission. For the premium VIP Account spreads are advertised to start at 0,3 pips as well, but this time with a commission of 3 USD per lot.
Trading Platform Available
KDFX supports MetaTrade4 and this is good news. The platform is well known to most traders. It features a variety of charting tolls and market indicators, as well as the option to run automated trading sessions, using specially designed trading robots, which are also easily customizable.
Deposit & Withdrawal
You can fund your account at KDFX with major credit cards like VISA, MasterCard, JCB and American Express, bank wire and Union Pay.
Customer Service
Traders can chat with KDFX through the email ( admin@secure.kdfx.org), as well as Line (ID:@kdfx), or directly visiting this brokers office.
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