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Kitco Markets -

Score

1.45 /10
Danger

Kitco Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://kitcomarkets.com/#

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Score

Regulatory Index0.00

Business Index6.54

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • 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

Kitco Markets · Company summary

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.

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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.

User Reviews

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User comment

2

Comments

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1magonglv
more than one year
Trading is all about having a genuine and reliable broker, executing my trades in a transparent manner. Haven’t encountered any problems during my trading here, and I really appreciate John’s hard work when helping me fix my technical issues and withdrawing my funds. I cannot express my gratitude using any words. Five stars!
Trading is all about having a genuine and reliable broker, executing my trades in a transparent manner. Haven’t encountered any problems during my trading here, and I really appreciate John’s hard work when helping me fix my technical issues and withdrawing my funds. I cannot express my gratitude using any words. Five stars!
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2023-03-23 09:51
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FX1103824452
more than one year
While I appreciate the multilingual service this company offers, which means it may be an international group, I wouldn't trade with a company that doesn't have regulatory information.
While I appreciate the multilingual service this company offers, which means it may be an international group, I wouldn't trade with a company that doesn't have regulatory information.
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2022-12-08 10:27
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