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Kaje Forex -

Score

1.56 /10
Danger

Kaje Forex

Bulgaria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.kajeforex.com

Influence

D

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Comparison

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Score

Regulatory Index0.00

Business Index7.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Kaje Fin Services Ltd.

Company Abbreviation

Kaje Forex

Platform registered country and region

Bulgaria

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-12-31
  • This broker lacks valid forex 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

Kaje Forex · Company summary
Kaje Forex Review Summary
Founded2016
Registered Country/RegionBulgaria
RegulationNo regulation
Market InstrumentsForex, Commodities, Cryptos, Indices
Demo Account✅
LeverageUp to 1:5
Spread1 pip (Standard account)
Trading PlatformMetaTrader 4 (MT4)
Minimum Deposit$250
Customer SupportSkype

Kaje Forex Information

Kaje Forex was started in 2016 and is based in Bulgaria, although it isn't regulated by any government. It offers a wide range of trading services, such as forex, commodities, cryptocurrencies, and indices, all through the MetaTrader 4 platform. It has a lot of different account kinds and reasonable spreads for sophisticated users, but it currently has no valid regulations.

Kaje Forex's homepage

Pros and Cons

ProsCons
Multiple account types including ECNNo regulation
Demo accounts availableNo Islamic (swap-free) accounts
Supports various trading assetsHigh minimum deposit
No direct contact channel

Is Kaje Forex Legit?

Kaje Forex is not regulated in its registration jurisdiction and does not have a license from the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission. Please be aware of the risk!

No license

The WHOIS database shows that kajeforex.com was registered on August 17, 2016, and will expire on August 10, 2025. Last updated on August 10, 2024, the domain has numerous protective statuses: “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited.”

Domain information

What Can I Trade on Kaje Forex?

Kaje Forex has a lot of different trading instruments, such as 40 currency pairings, key indices, precious metals (gold and silver), commodities (crude oil and natural gas), and cryptocurrencies. This variety lets traders deal in many different types of assets on one platform.

Instrument TypeSupported
Forex✔
Commodities✔
Cryptos✔
Indices✔
Stocks✘
Bonds✘
Options✘
ETFs✘

Account Type & Fees

Kaje Forex has four types of trading accounts: Standard, Active Traders, EA Robot, and ECN. It also has demo accounts for practicing.

Compared to industry standards, Kaje Forex's trading fees are moderate to high on lower-tier accounts but become more competitive with advanced account types such as ECN.

Account TypeMinimum DepositSpreadCommissionSuitable for
Standard$2501 pip✘Beginners
Active Traders$1,000/✔Frequent/high-volume traders
EA Robot$5001.4 pips✘Automated strategy traders
ECN$10,0000 pips✔Professionals, institutional
Account comparison

Leverage

The leverage is up to 1:5, significantly lower than typical forex brokers.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)✔Desktop, Web, Mobile (iOS/Android)Beginners
MetaTrader 5 (MT5)✘–Experienced traders

Deposit and Withdrawal

Kaje Forex doesn't charge any fees for deposits or withdrawals. But there may be costs from other banks or intermediaries, especially for transactions that happen between countries. Most methods require a minimum deposit of $250, however bank transfers need at least $1,000.

Payment MethodMinimum DepositFeesProcessing Time (Deposit)Processing Time (Withdrawal)
Visa (Credit/Debit)$250$0Instant1–5 business days
MasterCard
Bitcoin5–15 minutes–
Bank Transfer$1,0003–5 business days3–5 business days
Internal Transfer–InstantInstant
Deposit and Withdrawal

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FX1449611766
more than one year
Kaje Forex was a bit of a mixed bag for me. On the one hand, their spreads were alright, but on the other hand, I was pretty bummed to find out they don't offer multi-currency accounts. As someone based in Singapore, having to convert everything to USD was a bit of a pain. And to top it off, their standard account didn't allow me to use EAs, so I had to upgrade to their active trader account.
Kaje Forex was a bit of a mixed bag for me. On the one hand, their spreads were alright, but on the other hand, I was pretty bummed to find out they don't offer multi-currency accounts. As someone based in Singapore, having to convert everything to USD was a bit of a pain. And to top it off, their standard account didn't allow me to use EAs, so I had to upgrade to their active trader account.
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2023-03-28 09:21
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FX1234116191
more than one year
Whilst I mostly trade forex I have also dipped into crypto and found the leverage to be decent on both too. In summary, nothing really to complain about!
Whilst I mostly trade forex I have also dipped into crypto and found the leverage to be decent on both too. In summary, nothing really to complain about!
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2023-02-17 10:27
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