Score

1.94 /10
Danger

KAIFIN

Finland

2-5 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.73

Risk Management Index0.00

Software Index7.94

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

KAIFIN LLC

Company Abbreviation

KAIFIN

Platform registered country and region

Finland

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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KAIFIN · Company summary
KAIFIN Review Summary
Founded2022
Registered Country/RegionSt. Vincent and the Grenadines
RegulationUnregulated (No licenses from FCA, ASIC, etc.)
Market InstrumentsCFDs on currency pairs, metals, energies, and cryptocurrencies
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.0 pips for VIP accounts, 0.4 pips for Pro accounts, 0.6 pips for Classic and No Swap accounts
Trading PlatformMetaTrader 5 (MT5) - Desktop, Mobile (iOS, Android), Web
Min Deposit$100
Customer SupportEmail: service@kaifintrade.com
Phone: +971 4 584 9015
Address: RANI INTERNATIONAL DEVELOPMENT, 2301, 346-Business Bay, PO Box: 20589, Dubai, UAE

KAIFIN Information

KAIFIN, created in 2022 and registered in Saint Vincent and the Grenadines, trades forex, metals, energy, and cryptocurrency CFDs. No financial regulators oversee this broker.

KAIFIN Information

Pros and Cons

Pros Cons
Multiple account typesUnregulated
High leverage up to 1:1000Limited range of tradable assets (no stocks or indices)
No deposit or withdrawal feesInactivity fees are undisclosed
MetaTrader 5 (MT5) platform supported

Is KAIFIN Legit?

Not a regulated entity, KAIFIN does not have licences from reputable financial regulatory authorities including the FCA in the UK or ASIC in Australia.

Is KAIFIN Legit?

The name kaifintrade.com registered on September 27, 2022, according to WHOIS data, and is scheduled to expire on September 27, 2025. The domain status is “clientTransferProhibited,” which limits illegal transfers but does not add to their legitimacy or regulatory validity.

Is KAIFIN Legit?

What Can I Trade on KAIFIN?

KAIFIN offers a range of trading tools, mostly comprising CFDs on currencies pairs, metals, energy, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities (Metals, Energies)
Crypto
CFDs
Indexes
Stocks
ETFs
What Can I Trade on KAIFIN?

Account Types

Four account options are presented by KAIFIN: VIP, Pro, Classic, and No Swap. These accounts cover different trading demands from high-volume professional traders (VIP and Pro) to beginners (Classic) and those looking for swap-free options (No Swap). Every narrative provides access to MT5 and supports FX, commodities, cryptocurrency, energy among other instruments.

Account Types

Leverage

KAIFIN offers leverage options up to 1:1000, letting traders get market exposure with a lesser investment. High leverage increases the chance of large losses and can boost gains, making risk management crucial.

KAIFIN Fees

KAIFIN's fees seem industry-standard. VIP accounts have 0.0 pips spreads, Pro accounts 0.4 pips, and Classic and No Swap accounts 0.6 pips. VIP accounts pay $2 each lot, Pro accounts $3 per lot, and Classic and No Swap accounts are commission-free.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MT5Desktop, Mobile (iOS, Android), Web BrowserAll levels: Beginner, Intermediate, Advanced
Trading Platform

Deposit and Withdrawal

KAIFIN makes deposits and withdrawals free, making transactions more accessible. Trading with KAIFIN requires a $100 deposit.

User Reviews

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User comment

5

Comments

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Hugher
more than one year
Gotta spill the tea on my Kaifin LLC experience – not the smoothest ride. First off, that NFA regulation they talk about? Checked the official site, nada. No demo account makes testing risky, and the lack of 24/7 support is a real bummer. Hit them up via email, took a minute to hear back. The '0 pips' spread claim on the website? Well, there's a commission they forgot to mention. Just feels a bit dodgy overall – trust issues, you feel me?
Gotta spill the tea on my Kaifin LLC experience – not the smoothest ride. First off, that NFA regulation they talk about? Checked the official site, nada. No demo account makes testing risky, and the lack of 24/7 support is a real bummer. Hit them up via email, took a minute to hear back. The '0 pips' spread claim on the website? Well, there's a commission they forgot to mention. Just feels a bit dodgy overall – trust issues, you feel me?
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2023-12-07 14:25
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Alessandrar
more than one year
Been giving Kaifin LLC a shot, and there's a mix of good and not-so-great stuff. I like the low $10 entry point and the option for crazy 1:1000 leverage. Having both MT5 and cTrader is sweet, and they got a nice mix of tradable stuff. But, gotta be real, the whole deal with unclear deposit/withdrawal info and no live chat feels a bit off. Plus, that NFA regulation claim is sketchy – can't find it on the official NFA site. It's a mixed bag, you know?
Been giving Kaifin LLC a shot, and there's a mix of good and not-so-great stuff. I like the low $10 entry point and the option for crazy 1:1000 leverage. Having both MT5 and cTrader is sweet, and they got a nice mix of tradable stuff. But, gotta be real, the whole deal with unclear deposit/withdrawal info and no live chat feels a bit off. Plus, that NFA regulation claim is sketchy – can't find it on the official NFA site. It's a mixed bag, you know?
Translate to English
2023-12-06 16:18
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