Abstract:KaleFX Limited, regulated by IFMRRC (License number TSRF RU 0395 AA V0152), is a broker that provides clients with a variety of global CFD instruments, including indices, forex, cryptocurrencies, commodities, metals and bonds.
General Information
KaleFX Limited, regulated by IFMRRC (License number TSRF RU 0395 AA V0152), is a broker that provides clients with a variety of global CFD instruments, including indices, forex, cryptocurrencies, commodities, metals and bonds.
Market Instruments
KaleFX offers investors a range of financial instruments including forex currency pairs, commodities, indices, cryptocurrency, shares, stocks and precious metals.
Accounts & Leverage
There are four kinds of account types for investors to choose from at KaleFX, namely Standard, Gold, Silver and Diamond. The minimum deposit is $100. The maximum leverage is up to 1:200.
Spreads & Commissions
Various account types designed to differences between trading needs. The spreads start from 1.2 pips on Standard account, from 0.8 pips on Gold account, from 0.6 pips on Silver account and from 0.4 pips on Diamond account. KaleFX doesnt provide the parameters of commissions on its website.
Trading Platform Available
KaleFX provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform (Web, PC, Android, iOS) which is used by millions of traders around the globe.
Deposit & Withdrawal
KaleFX claims on its website that clients can withdraw and invest 24/7 with 10 different payment methods. However, the broker doesnt elaborate on the specific funding options.
Trading Hours
The trading times at KaleFX depend on the specific market. For example, the forex market is open 24 hours a day, 5 days a week.
Accepted Countries
Services are not available to the residents of Germany, Turkey, USA and UK.
Customer Support
If clients have any questions or concerns, please email at info@kalefxglobal.com for consultation.
Risk Warning
All financial products traded on a leverage bear a high level of risk for your capital. They are not suitable for all investors and you may lose more than your first deposit. Please be sure to fully understand the risks and request independent advice if necessary.
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning regarding deceptive practices on public review websites, including TrustPilot and Google Business, where users have reported fraudulent activity. CySEC revealed that certain individuals are impersonating CySEC officers or representatives, contacting investors and demanding fees in exchange for facilitating the recovery of investment losses tied to CySEC-regulated firms.
ThinkMarkets extends its services to TradingView's mobile app, enhancing access to markets with CFDs on currency pairs, stocks, and commodities.
In Forex trading, even small fluctuations can make a significant difference, especially over the long term. One crucial factor that seasoned traders pay close attention to is the spread – the difference between the bid (selling) price and the ask (buying) price of a currency pair. While beginners may overlook its impact, experienced traders understand that spreads play a crucial role in trading costs, strategy selection, and overall profitability.
Analyzing last year's trading data offers invaluable insights into market trends, helps refine trading strategies, and enhances decision-making for future trades.