Abstract:Kaching.Market is a forex broker, offering over 10 forex currency pairs for both individual and corporate clients through MTE trading platform.
General Information & Regulation
Kaching.Market is a forex broker, offering over 10 forex currency pairs for both individual and corporate clients through MTE trading platform.
Markets Instruments
The selection of trading products available for clients includes currency pairs, CFDs on precious metals, indices, as well as commodities.
Minimum Deposit
Kaching.Market offers two trading accounts: Standard and Pro accounts. The minimum requirements for seems very low, with $100 required by the Standard account and $200 by the Pro account.. Although this amount is reasonable for most regular traders, given the fact that this broker is not subject to any regulation, traders are not advised to register trading accounts here.
Leverage
Kaching.Market provides a maximum leverage of 1:1000, which is quite generous. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads at the Standard account start from 1.0 pip, and the Pro account offers spreads from 0.0 pip. No commission related information is provided.
Trading Platform Available
Kaching.Market offers MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors).
Deposit& Withdrawal
In terms of payment methods available with Kaching Market this broker does not make this part clear. In most cases, most broker would supports traders funding their account through Visa, MasterCard, Wire transfer, as well as Skill and Neteller.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.