KayaFX Review (2020)


KayaFX was an unlicensed Foreign exchange & CFD Forex Broker, that claimed to be owned by AlphaTec LTD. They’re now out of enterprise!

For withdrawal issues and complaints, learn this.

Trading Signals Scam

WARNING!!! KayaFX is NOT Licensed or Regulated

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KayaFX Evaluation

Our evaluate of the Forex Broker KayaFX exhibits, that they provide buyers the MetaTrader4 buying and selling platform. You’ll discover each the desktop standalone model, together with the online based mostly and cellular variations. They provide tons of of underlying property for buying and selling CFD’s together with all the favored Main & Minor Foreign exchange Pairs, Market Indices, Shares, and Commodities like Brent, Pure Gasoline, Espresso and Corn.

Their web site and buyer help is offered in English, German, Spanish and Portuguese. Leverage on all Foreign exchange pairs is 100:1, and stuck spreads on EURUSD is three pips. Buying and selling on leverage may be very dangerous, and new merchants ought to be sure they absolutely perceive the dangers related to utilizing margin.

There are four ranges of account sorts, which provide varied completely different advantages (see under).

KayaFX Forex Trading Account Types
KayaFX Foreign exchange Buying and selling Account Sorts

KayaFX Laws

When the Rip-off Broker Investigator critiques a brand new Foreign exchange Forex Broker to find out if they’re a scam or professional firm, the very first thing we search for is a legitimate Forex Brokers license. The primary motive buyers all the time use an authorised and licensed Forex Broker is to make certain that your funds are stored secure in segregated accounts.

KayaFX is just not a licensed Forex Broker!

Their listed deal with was at: Mazars Home, Gelderd Street, Leeds, England LS27 7JN. They have been beforehand owned by GammaTech Companies OÜ, firm quantity 14247106, positioned at; 14247106, Roosikrantsi 2-Ok 284, Tallinn, Harju Maakond, 10119 Estonia. Contact telephone quantity was: +442037699927, and their compliance e mail deal with was: [email protected].

There are lots of on-line investing scams you must be careful for, be taught extra.

Examine Common Brokers

Elements to think about when evaluating Foreign exchange Forex Brokers embrace issues like; Leverage, Spreads, Minimal Deposit / Withdrawals, Licensing and Regulator oversight.

ForTrade is the very best Foreign exchange Forex Broker, licensed and controlled by the FCA United Kingdom, look right here.

Attempt their Free Demo Accounts on their distinctive buying and selling platform, register right here.

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In case you are an present consumer of KayaFX, please share your buying and selling expertise with them, within the feedback part under.